Product Code: SQSG30B2001
Global Cocoa and Chocolate Market was valued at USD 42.7 billion in 2021, and it is expected to reach a value of USD 69.6 billion by 2028, at a CAGR of more than 6.1% over the forecast period (2022-2028).
All age groups consume chocolates on a daily basis all around the world. It is a quality of chocolate to increase memory function in people. Chocolates are eaten as treats and are used in celebrations of many joyous occasions around the world. Cocoa beans are needed to manufacture chocolates.
The toffees and chocolate confections are made with lecithin, sugar, and vanilla.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global cocoa and chocolate market and various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined by using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Segments covered in this report:
Global Cocoa and Chocolate Market is segmented based on the Nature, Distribution Channel, type, application, and region. Based on the Nature, the market is segmented as Traditional and Organic. Based on the Distribution Channel, the market is segmented as Offline and Online Retail. By Type, the market is segmented into Cocoa Ingredients (Butter, Liquor, Powder) and Chocolate (Dark, Milk, White, and Filled), By Application, the market is segmented into Food & Beverage, Cosmetics, Pharmaceuticals, and Others. Based on Region, it is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.
Driver
Profits from exercise, the variety of uses, and sales during special occasions are the main drivers of the industry's expansion. The main drawbacks acknowledged are the cost of raw materials and the industrial firms' reliance on unstable economies for cocoa supply. Pressures on the sector include rising fake market activity and a wide range of consumer preferences. Events like the usage of chocolate as a functional food, biological and fair trade chocolate, and the idea of inferiority in emerging economies have the power to alter the underlying currents of this sector.
Restraint
Threats to the production of cocoa in many countries include ageing plantations, poor farm management, damaged soil, and increasing insect and disease pressure. To increase production and meet demand, cocoa growers usually rely on clearing more forest land. Both biodiversity loss and climate change are accelerated by deforestation. Additionally, incorrect or excessive use of pesticides and chemical fertilisers contaminates soils, further reduces biodiversity in many cocoa fields, and has a negative impact on the quality of adjacent water supplies.
Market Trends
The market for cocoa and chocolate is expanding as consumers become more aware of the health benefits of ingesting goods with high cocoa content. Other health benefits of cocoa include protection against sunburn, a reduction in hypertension, and assistance with chronic fatigue syndrome. Additionally, cocoa includes polyphenols, which shield the body's tissues against oxidative stress and its associated conditions including cancer and inflammation. The cocoa and chocolate markets are also growing as a result of these factors.
Table of Contents
Executive Summary
Market overview
- Exhibit: Executive Summary - Chart on Market Overview
- Exhibit: Executive Summary - Data Table on Market Overview
- Exhibit: Executive Summary - Chart on Global Cocoa and Chocolate Market Characteristics
- Exhibit: Executive Summary - Chart on Market by Geography
- Exhibit: Executive Summary - Chart on Market Segmentation
- Exhibit: Executive Summary - Chart on Incremental Growth
- Exhibit: Executive Summary - Data Table on Incremental Growth
- Exhibit: Executive Summary - Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy-scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Global Cocoa and Chocolate Market size and forecast 2022-2028 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2022-2028 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
- Global Cocoa and Chocolate Market by Nature
- Market segments
- Exhibit: Chart on Market share 2022-2028 (%)
- Exhibit: Data table on Market share 2022-2028 (%)
- Traditional
- Market Estimates & Forecast, 2021-2028
- Exhibit: Chart on Market share 2022-2028 (%)
- Exhibit: Market size and forecast 2022-2028 ($ million)
- Organic
- Market Estimates & Forecast, 2021-2028
- Exhibit: Chart on Market share 2022-2028 (%)
- Exhibit: Market size and forecast 2022-2028 ($ million)
- Global Cocoa and Chocolate Market by Distribution Channel
- Market segments
- Exhibit: Chart on Market share 2022-2028 (%)
- Exhibit: Data table on Market share 2022-2028 (%)
- Offline
- Market Estimates & Forecast, 2021-2028
- Exhibit: Chart on Market share 2022-2028 (%)
- Exhibit: Market size and forecast 2022-2028 ($ million)
- Online Retail
- Market Estimates & Forecast, 2021-2028
- Exhibit: Chart on Market share 2022-2028 (%)
- Exhibit: Market size and forecast 2022-2028 ($ million)
Market Size by Region
- Chart on Market share by geography 2022-2028 (%)
- Data Table on Market share by geography 2022-2028(%)
- North America
- Chart on Market share by country 2022-2028 (%)
- Data Table on Market share by country 2022-2028(%)
- USA
- Exhibit: Chart on Market share 2022-2028 (%)
- Exhibit: Market size and forecast 2022-2028 ($ million)
- Exhibit: Chart on Market share 2022-2028 (%)
- Exhibit: Market size and forecast 2022-2028 ($ million)
- Europe
- Chart on Market share by country 2022-2028 (%)
- Data Table on Market share by country 2022-2028(%)
- Germany
- Exhibit: Chart on Market share 2022-2028 (%)
- Exhibit: Market size and forecast 2022-2028 ($ million)
- Exhibit: Chart on Market share 2022-2028 (%)
- Exhibit: Market size and forecast 2022-2028 ($ million)
- Exhibit: Chart on Market share 2022-2028 (%)
- Exhibit: Market size and forecast 2022-2028 ($ million)
- Exhibit: Chart on Market share 2022-2028 (%)
- Exhibit: Market size and forecast 2022-2028 ($ million)
- Exhibit: Chart on Market share 2022-2028 (%)
- Exhibit: Market size and forecast 2022-2028 ($ million)
- Asia Pacific
- Chart on Market share by country 2022-2028 (%)
- Data Table on Market share by country 2022-2028(%)
- China
- Exhibit: Chart on Market share 2022-2028 (%)
- Exhibit: Market size and forecast 2022-2028 ($ million)
- Exhibit: Chart on Market share 2022-2028 (%)
- Exhibit: Market size and forecast 2022-2028 ($ million)
- Exhibit: Chart on Market share 2022-2028 (%)
- Exhibit: Market size and forecast 2022-2028 ($ million)
- Exhibit: Chart on Market share 2022-2028 (%)
- Exhibit: Market size and forecast 2022-2028 ($ million)
- Exhibit: Chart on Market share 2022-2028 (%)
- Exhibit: Market size and forecast 2022-2028 ($ million)
- Latin America
- Chart on Market share by country 2022-2028 (%)
- Data Table on Market share by country 2022-2028(%)
- Brazil
- Exhibit: Chart on Market share 2022-2028 (%)
- Exhibit: Market size and forecast 2022-2028 ($ million)
- Exhibit: Chart on Market share 2022-2028 (%)
- Exhibit: Market size and forecast 2022-2028 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2022-2028 (%)
- Data Table on Market share by country 2022-2028(%)
- GCC Countries
- Exhibit: Chart on Market share 2022-2028 (%)
- Exhibit: Market size and forecast 2022-2028 ($ million)
- Exhibit: Chart on Market share 2022-2028 (%)
- Exhibit: Market size and forecast 2022-2028 ($ million)
- Exhibit: Chart on Market share 2022-2028 (%)
- Exhibit: Market size and forecast 2022-2028 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)