The organic cocoa market is experiencing a significant growth, and will grow considerably in next few years. Cocoa is one of the most widely used raw materials in the food and beverage industry. It’s a rich source of polyphenol, an antioxidant that helps lower blood pressure and prevents inflammation. Cocoa is the only material used in the production of dark chocolates. Reports have shown that the consumption of chocolates has many health benefits attributed to it. Chocolates help lower heart diseases and provide some nutritional content needed for the growth and development of the body.
COVID-19 Impact analysis
- The consumers are shifting towards being health conscious and are looking for good and healthier foods and nutrients and organic cocoa accounts for one of them. So, the increase in the demand during COVID-19 can be witnessed.
- In the short term, the market demand will show Superior growth due to the increase in infections and reduced economic activity.
- However, the fact cannot be ignored that the spread of COVID-19 led to the lockdowns and supply chain disruptions and created problems in supply of the product.
Top Impacting Factors
- The rising awareness among consumers of the health benefits of chocolate consumption is the main force fueling the growth of the organic cocoa market globally.
- The demand for organic coca is increasing exponentially as consumers’ population is growing significantly. Developing nations such as China, Korea, India, and Japan with emerging economies are increasing the disposable income of individuals, which will augment the demand for cocoa products globally.
- Consumers’ preference for quality products with high nutritional value is a strong force in improving cocoa sales. The food and beverages industry is augmenting the demand for cocoa since it is the primary product used in the production of chocolate. Consumers’ positive perception regarding the consumption of chocolate fosters the rise in demand for cocoa from the food and beverage industry.
Market Trends
Regional analysis and demand factors
North America will dominate the global organic cocoa market due to the growing population size of individuals consuming cocoa products. The United States is the primary market for organic cocoa in North America. The US is expected to generate about half of the total revenue incurred during the forecast period and aftermath. Besides, the growing demand for cocoa in cosmetics and personal care products is expected to fuel organic cocoa market growth. The Asia Pacific is expected to be the fastest-growing market due to the rise in demand for cocoa from the food and beverage industry. Furthermore, consumers’ changing lifestyles and increasing awareness regarding the health benefits of cocoa are projected to augment the demand for organic cocoa globally. Other regions are anticipated to record steady growth during the forecast period due to the increasing demand for organic products from the personal care industry.
Shift towards being healthy
The demand for organic coca is increasing exponentially as consumers’ population is growing significantly. Developing nations such as China, Korea, India, and Japan with emerging economies are increasing the disposable income of individuals, which will augment the demand for cocoa products globally.
Consumers’ preference for quality products with high nutritional value is a strong force in improving cocoa sales. The food and beverages industry is augmenting the demand for cocoa since it is the primary product used in the production of chocolate. Consumers’ positive perception regarding the consumption of chocolate fosters the rise in demand for cocoa from the food and beverage industry.
Key Benefits of the Report
- This study presents the analytical depiction of the Organic Cocoa industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the Organic Cocoa market share.
- The current market is quantitatively analyzed to highlight the Organic Cocoa market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed Organic Cocoa market analysis based on competitive intensity and how the competition will take shape in coming years
Questions answered in the Report
- Who are the leading market players active in the Organic Cocoa market?
- What current trends will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What future projections would help in taking further strategic steps?
- What is " Organic Cocoa " Market prediction in the future?
- Which will be the niches at which players profiling with recent advancements should set a presence?
- What are the driving factors and opportunities in the market?
- What are the current trends and predicted trends?
- What are the challenges faced in the " Organic Cocoa " Market?
Key Market Segments
- By Type
- Mozzarella
- Parmesan
- Cheddar
- By Form
- Slice
- Cubes
- Spreads
- Blocks
- By Distribution Channel
- By Region
- North America
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- Artisan Confections Company
- Ciranda
- Kraft Foods Inc.
- InterNatural Foods LLC
- Tradin Organic Agriculture B.V.
- Cargill Incorporated
- PASCHA Company
- Wilmor Publishing Corp
- Blommer Chocolate Company