Global Cocoa Powder Market Analysis with Growth, Demand & Forecast during 2017-2026

Increasing production of chocolate confections and syrup is expected to derive demand for cocoa powder globally. As consumption of cocoa powder benefits the cardiovascular health of the consumers, which is expected to rev up sales of cocoa powder significantly. This report, published by Fact.MR, provides in-depth analysis of the global cocoa powder market for the forecast period 2017-2026, and offers key insights about future market direction.

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The reportoffers an overview of the global cocoa powder market. This comprises an introduction to the market, along with a standard definition of the product – cocoa powder. In this section, market value and year-over-year growth is offered to the readers. Year-over-year growth provides readers with a broader view of growth patterns over the forecast period.

The report’s succeeding section focuses on drivers, restraints and key trends from macroeconomic, demand, and supply perspectives. Impact analysis of weighted average model-based growth drivers is contained in the report for better provision of decision-making insights to clients.

In order to offer readers with up-to-date information about the latest advancements in the global cocoa powder market, the report provides updates about market opportunities, which can benefit leading manufacturers of cocoa powder. With continuous evolution of the food & beverage sector, keeping a record of latest developments and trends is fundamental for cocoa powder manufacturers to formulate key business strategies. Detailed insights about raw material sourcing, supply chain, pricing analysis, list of distributors, and cost structure are provided in this section.

Double-Dutch Cocoa Segment Accounts for 26% Volume Share
The report offers detailed analysis and insights on the basis of product type. The key segments covered on the basis of product type include black cocoa, Double-Dutch Cocoa blend, triple cocoa blend, Bensdorp Dutch-Process Cocoa, Cocoa Rouge, and Natural Cocoa. Among these, Double-Dutch cocoa powder segment currently accounts for nearly 26% volume share of the market. This segment is likely to expand at a CAGR of 3% in terms of volume through 2026, and reach nearly 367 ‘000 tonnes.

Demand for Cocoa Powder Significant in Beverage Industry
On the basis of end-use industry, the key segments include chocolate & confectionary, beverages, bakery, functional food, cosmetics, and pharmaceuticals. Among these, beverages segment accounts for nearly 17.3% volume share of the market, and is likely to grow at a CAGR of 1.2% in terms of volume during the assessment period. The demand for cocoa powder from the beverages sector is likely to remain steady during the assessment period.

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Speciality Stores Account for 22% Volume Share
The distribution channel segmentation analysis includes modern trade, speciality stores, convenience stores, traditional grocery stores, online stores, and other distribution channels. Sales through distribution channel remain significant, and this segment currently accounts for 22% volume share of the market.

Competition Tracking
The report also profiles companies that are expected to remain active in the expansion of global cocoa powder market through 2026, which include Hershey’s, Ghirardelli, Nestle, Mars, Inc., Cocoa Processing Company, Olam International, Cargill, Inc., Barry Callebaut, Swiss Chalet Fine Foods, Touton, and Dutch Cocoa.

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This release was published on openPR.