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Global Cocoa and Chocolate Market: Valued at USD 49.20 Billion in 2023, Projected to Reach USD 68.31 Billion by 2030 with a 4.8% CAGR

08-28-2024 07:00 PM CET | Consumer Goods & Retail

Press release from: STELLAR MARKET RESEARCH

Global Cocoa and Chocolate Market

Global Cocoa and Chocolate Market

Anticipated Growth in Revenue:

The Cocoa and Chocolate Market size was valued at USD 49.20 Billion in 2023 and the total Global Cocoa and Chocolate revenue is expected to grow at a CAGR of 4.8% from 2024 to 2030, reaching nearly USD 68.31 Billion by 2030.

Cocoa and Chocolate Market Overview:

Cocoa is a dried and fully fermented fatty seed of the fruit of the cocoa tree. Cocoa Powder is made by removing some of the cocoa butter from the liquor. Chocolate is a solid food made by combining cocoa liquor with Cocoa butter and sugar. The proportion of the cocoa liquor is utilized for how dark the chocolate is.



The report from Stellar Market Research presents a thorough analysis of the Cocoa and Chocolate market, focusing on forecasting market growth trends and offering valuable insights into the supply chain dynamics. The Cocoa & Chocolate Market report has provided an overview of the market value structure, cost factor, and various driving factors and analyzes the industry atmosphere, then studies the global outline of industry size, demand, application, revenue, product, region, and segments. The report covers details of new recent developments, trade regulations, import-export analysis, production analysis, market share, the impact of domestic and localized market players, analyses of opportunities in terms of emerging revenue and changes in market regulations, strategic market growth analysis, market size, category market growths, product approvals, product launches, geographic developments, technological innovations in the market.

๐”๐ง๐ฅ๐จ๐œ๐ค ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐จ๐Ÿ ๐Ž๐ฎ๐ซ ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ:https://www.stellarmr.com/report/Cocoa-and-Chocolate-Market/1826

What are Cocoa and Chocolate Market Dynamics?

Chocolate manufacturers are continuously working to fulfill the constantly changing demands of customers through the introduction of innovative and tempting products. It includes creating innovative flavors, textures, and formats, as well as incorporating efficient ingredients such as nuts, fruits, and spices. Also, there is a growing trend towards smaller portion sizes and individually wrapped chocolates, which cater to on-the-go consumption and promote portion control.

๐๐ž๐ž๐ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง? ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž + ๐†๐ซ๐š๐ฉ๐ก๐ฌ ๐‡๐ž๐ซ๐ž:https://www.stellarmr.com/report/req_sample/Cocoa-and-Chocolate-Market/1826

What is Cocoa and Chocolate Market Regional Insight?

North America has dominated the Cocoa and Chocolate Market, which held the largest market share accounting for 45.6% in 2023, the region is expected to grow during the forecast period and maintain its dominance by 2030. North America consistently ranks as one of the top-selling regions in the global cocoa and chocolate market, driven by its large and affluent consumer base, strong retail distribution networks, and a culture deeply rooted in chocolate consumption. North America has dominated because of the increasing demand for chocolate-based confectioneries and the rising adoption of chocolate ingredients to infuse food products such as indulgent snacks, chocolate-flavored ice creams, and cocoa bars, among others. Also, increasing awareness of the health benefits of cocoa and chocolate consumption is expected to drive the uptake of cocoa products and thus drive the Cocoa and chocolate market's growth.

What is Cocoa and Chocolate Market Segmentation?

By Type

Cocca Ingredients

Cocoa Butter
Cocoa Liquor
Cocoa Powder

Chocolate

Dark
Milk
White
Filled
By Application

Food & Beverage
Confectionery
Dairy
Bakery
Cosmetics
Pharmaceuticals
Others

By Nature

Organic
Conventional
By Distribution Channel

Online
Offline

๐…๐‘๐„๐„ ๐†๐ž๐ญ ๐š ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ! https://www.stellarmr.com/report/req_sample/Cocoa-and-Chocolate-Market/1826

Some of the current players in the Cocoa and Chocolate Market are:

Mondelez International (US)
Nestle S.A. (Switzerland)
Meiji Holding Co. Ltd. (Japan
Ferrero International (Italy)
Olam Group (Singapore)
Barry Callebaut (Switzerland)
Cargill Incorporated (US)
Cocoa Processing Company (Ghana)
Archer Daniels Midland (ADM) Company (U.S.)
Chocoladefabriken Lindt & Sprรผngli AG (Switzerland)
Pladis Global(UK).
Kerry (Ireland)

Key Offerings:

Past Market Size and Competitive Landscape
Cocoa and Chocolate Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Cocoa and Chocolate Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

Explore our top-performing reports on the latest trends:

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Plant-based Beverages Market https://www.stellarmr.com/report/Plant-based-Beverages-Market/286

Baby Food Packaging Market https://www.stellarmr.com/report/Baby-Food-Packaging-Market/293

FPV Drone Market https://www.stellarmr.com/report/fpv-drone-market/2350

Contact Stellar Market Research:
S.no.8, h.no. 4-8 Pl.7/4 Kothrud
Pinnac Memories Fl. No. 3
Kothrud, Pune, Maharashtra, 411029
sales@stellarmr.com
+91 9607365656

About Stellar Market Research
Established in 2018, Stellar Market Research is an India-based consulting and advisory firm focused on helping clients reach their business transformation objectives with advisory services and strategic business. The company's vision is to be an integral part of the client's business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.

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