Being a tropical crop, cocoa is observed as one of the world’s most profitable cash crop. The exclusive forecast study by Future Market Insights projects the future of this cash crop by analysing the global market for cocoa powder. Consumers from all parts of the world have been introduced to cocoa in the form of beans or powders. The growing presence of cocoa powder in our dietary lifestyles and foodservice operations continues to drive the growth of the global cocoa powder market. This study analyses a slew of factors influencing the global sales of cocoa powder for the forecast period, 2017-2027. The assessment period has been employed to develop accurate market size estimations for the near future, instead of presuming its growth for the undecided extended year period.
The study is comprehensive, and has been compiled by a team of subject matter experts from the food & beverage sector, research consultants, and trade analysts. Qualitative information on industry trends and market dynamics have been infused with quantitative data to create accurate market size estimations. The report serves as a reliable source of information for companies producing cocoa powder in the global market. By availing the report, the leading cocoa powder producers in the world can develop new strategies, change the existing stratagems, and head vigorously towards future market direction.
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Market Overview & Report Highlights
The global market for cocoa powder is characterized by the non-uniformity in the supply of raw cocoa, increasing adoption of sustainable cocoa cultivation, and growing use of processed products in the food & beverage sector. Consumer preferences have compelled manufacturers of food items and beverages to increase the uptake of cocoa powder and make things chocolatier than before.
The study delivers an overview of the parent markets – global cocoa market and global chocolate industry – to create a comparative analysis on how the cocoa powder sales contribute to their overall growth. In the report, the global cocoa powder market has been segmented on the basis of nature of the cocoa powder, their end-use, sales channels and region. The report also delivers extensive analysis on costing structure, pricing, and raw material sourcing strategies. The global distribution network for cocoa powder have also been revealed in the report. The report also comprises of a detailed competition landscape that connotes the presence of leading producers of cocoa powder.
Cocoa Powder Market: Segmentation
According to the taxonomy provided in the report, the aforementioned primary segments in the global cocoa powder market have been broken down further. On the basis of the nature of cocoa powder, the market is further segmented into Dutch processed and natural cocoa powder. The key end-uses of cocoa powder analysed in the report include commercial, household and industrial. On the basis of sales channels, cocoa powder is being sold in the global market through either, direct or indirect sales. Key regions analysed in the report include, North America, Europe, Latin America, Asia-Pacific, and Middle East and Africa. The report also provides additional information on cross-segmental analysis and country-wise market forecast across different parameters.
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