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Allied Market Research

Organic Cocoa Products Market Type (Cocoa Liquor, Cocoa Powder, Cocoa Butter, Cocoa Paste, Cocoa Beans) Application (Food & Beverages, Pharmaceuticals, Personal care) Distribution Channel (Offline Distribution Channel, Online Distribution Channel) : Global Opportunity Analysis and Industry Forecast, 2020-2027

A08377
Pages: NA
Feb 2021 | 142 Views
 
Author(s) : Aparajita
Tables: NA
Charts: NA
 

COVID-19

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Cocoa or cocoa bean is a fully fermented and dried seed of Theobroma Cacao. The cocoa butter and cocoa solids are extracted from Cocoa seed. Organiccocoa is a bit more acidic and bitter in comparison with normal-cocoa.

Organic cocoa has its applications in many sectors, including food & beverages, pharmaceuticals, and personal care sector. Premium chocolate brands demand for organic-cocoa on a large scale. It is useful for personal care, especially for maintaining healthy skin. It contains various nutrients like fiber, vitamins, minerals (iron, magnesium, and copper), and antioxidants. The presence of anti-enzymatic and antibacterial properties in cocoa is good for oral health. Organic cocoa also helps in lowering blood pressure and maintaining the blood flow in the body.

There has been an increase in the demand for organic cocoa products, due to which, meeting the demand for cocoa has become a significant challenge for the global cocoa market. The highest demand for cocoa is in the U.S., UK, and Germany. Therefore, cocoa is supplied to these regions on a large scale for manufacturing cocoa products. In terms of production, the Dominican Republic dominates the cocoa market, with almost 70% market share. While Peru, Ecuador, and Mexico together hold a 20% share in the cocoa production. And the remaining 10% of the total share in the cocoa production is held by Brazil, Bolivia, Ghana, and others.

Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2020–2027

  Base year considered

  2019

  Forecast period

  2021–2027

  Forecast units

  Value ($US)

  Segments covered

  Type, Application, Key Stakeholder, Distribution Channel, and Region

  Regions covered

 North America (U.S., Canada,and Mexico), Europe (Germany, UK, France, Italy, Spain,and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and Rest of Asia-Pacific), LAMEA (Middle East, Brazil, and Rest of LAMEA)

  Companies covered

Kraft Foods Inc., Cargill Incorporated, Blommer Chocolate Company, InterNatural Foods LLC, Ciranda, Barry Callebaut AG, Tradin Organic Agriculture B.V., Artisan Confections Company, PASCHA Company, BT Cocoa, SunOpta, Olam International, Carlyle Cocoa Co. LLC, and Moner Cocoa S.A.

 

COVID-19 ScenarioAnalysis:

  • The organic cocoa market is expected to survive the effects of COVID-19, to some extent.
  • Chocolate is the major product manufactured from organic cocoa, which does not come under the essential item but is still being purchased by the consumers.
  • The prevailing lockdown has kept people away from purchasing seasonal and high-end products, due to which, the organic cocoa product sales during Easter showed unsatisfactory results.
  • The supply chain disruption in cocoa-producing countries will lead to a major cocoa shortage and is a concern for organic cocoa manufacturers.
  • Also,travel cocoa confectionery sales, which were growing rapidly over the past few years, are on halt due to the travel bans and global quarantines.

Top Impacting Factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis

Chocolate manufacturing is the most significant application of cocoa that drives the global cocoa market. The demand for chocolate and its related products like milk chocolate, sweet chocolate, dark chocolate, and others coupled with aggressive advertisement and brand recognition drives the global market for organic cocoa. The consumer of today's world has become more health-conscious and is thereby inclining toward natural, organic, and nutritious food habits. Due to the high nutritional benefits from the consumption of organic cocoa, the consumer is shifting towardproducts made from organic cocoa, in turn, increasing the sales of the global cocoa market. Rapid urbanization, increase in disposable income, and awareness related to the health benefits of the organic products fuel the growth of the global market for this product.

However, the absence of a proper network for the supply of the cocoa restrains the growth of the global organic cocoa market. Also, fluctuating prices of the organic cocoa hamper the market growth for this product.

On the contrary, improvement in the farming techniques to manufacture cocoa will increase the supply for organic cocoa and create lucrative opportunities for growth in the future. Along with this, the demand for labeled food & beverages is on a rise, which is anticipated to propel the market growth for organic cocoa.

Key Segments Covered:

Segments

Sub-segments

Type

  • Cocoa Liquor
  • Cocoa Powder
  • Cocoa Butter
  • Cocoa Paste
  • Cocoa Beans

Application

  • Food & Beverages
    • Bakery & Confectionery
    • Dairy
    • Sweet & Savory Snacks
    • Dressings
  • Pharmaceuticals
  • Personal care

Distribution Channel

  • Offline Distribution Channel
  • Online Distribution Channel

 

Key Benefits of the Report:

  • This study presents the analytical depiction of the global 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 global organic cocoa market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global organic cocoa market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed global organic cocoa market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions Answered in the Organic Cocoa Market Research Report:

  • What are the leading market players active in the organic cocoamarket?
  • 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?
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
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