The global cocoa powder market is likely to witness a CAGR of almost 2.2% in volume by 2026. The market is projected to exceed 1,315,000 tons by the end of 2026.
Market research conducted by Fact.MR provides exclusive information on how the cocoa powder market is growing. This study identifies key trends that determine cocoa powder growth. This newly published report sheds light on key dynamics such as drivers, restraints and opportunities for key market players as well as emerging players related to production and supply. The latest report by Fact.MR provides an in-depth market analysis of cocoa powder.
The report offers actionable and valuable market insights for cocoa powder. The latest report by Fact.MR provides details on the current scenario of the market across various regions, as well as historical data and forecasts for the market. The report also includes information on sales and demand of the Cocoa Powder market across various industries and geographies.
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market participants
- Hershey's
- Ghirardelli
- Nestle
- Mars Inc.
- cocoa processing company
- Oram International
- Cargill Corporation
- Barry Callebaut
- Swiss Chalet Fine Foods
- Touton
- Dutch cocoa.
competition tracking
Product launch and expansion are the key strategies adopted by major players in the global cocoa powder market.
for example,
In October 2019 Puratos Group launched a new product, a low sugar cocoa powder. The product was launched to meet the changing consumer demand for healthier chocolate products.
In February 2020, The Hershey Company launched a new cocoa powder made with the highest quality cocoa beans. This product was launched to meet the increasing demand for cocoa powder in the market. Additionally, the company is focusing on expanding its presence in various regions.
In April 2019, Puratos Group expanded its operations in China with the opening of a new production facility in Shanghai. This facility specializes in the production of cocoa powder and other chocolate-based ingredients. Additionally, companies are focusing on collaboration to strengthen their market position.
In October 2019, the Barry Callebaut Group entered into a strategic partnership with the International Cocoa Initiative. Under this initiative, the company will support initiatives to ensure sustainable production of cocoa.
main point
- The global cocoa powder market size is expected to grow at a CAGR of 4.6% during the forecast period.
- Rising demand for cocoa powder from the food and beverage industry is expected to boost the market growth during the forecast period.
- Increasing demand for dark chocolate and other chocolate products is also expected to drive market growth during the forecast period.
- High cost of raw materials and cocoa powder is expected to restrain the market growth during the forecast period.
- Asia Pacific is expected to witness the highest growth rate during the forecast period.
market fragment
Product type:
- black cocoa
- double dutch cocoa blend
- triple cocoa blend
- Bensdorp Dutch Process Cacao
- cocoa rouge
- natural cocoa
Cacao varieties:
- people who do not know
- Creole
- Trinity
- Other cocoa varieties
End Use Industry:
- chocolate candy
- beverage
- bakery
- functional food
- cosmetic
- pharmaceuticals
region:
- North America
- latin america
- Western Europe
- Eastern Europe
- bring the action
- Japan
- Middle East and Africa
Key highlights:
- Cocoa powder sales and demand
- cocoa powder growing
- Cocoa Powder Market Analysis
- Cocoa Powder Market Insights
- Main Factors Affecting Cocoa Powder
- Which are the main factors affected by cocoa powder
- Constraints shaping market growth
- Cocoa powder market research
More Valuable Insights on Cocoa Powder
In its new report, Fact.MR provides an unbiased market analysis of cocoa powder, cocoa powder sales and demand, and analyzes forecast statistics for 2019 and beyond. The study reveals growth projections based on various criteria. This newly published insightful report sheds light on cocoa powder market insights, key dynamics, impact across the value chain from suppliers to end users, and cocoa powder growth .
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