The Cocoa Products Market Is Predicted To Reach USD XX Million With A CAGR Of XX% According To 2017-2022

The Cocoa Products Market Is Predicted To Reach USD XX Million With A CAGR Of XX% According To 2017-2022

ID: 7171 | October 2018 | Region: Global

Cocoa Products Market report published by Market Data Forecast provides a detailed account of the Market Trends via Customized Research presented as Strategic Analyses, Company Profiles, Competitive Landscape, etc. According to the report the Cocoa Products Market is estimated to be USD XX million in 2016 and predicted to rise to USD XX million by 2021 with a CAGR of XX%. The market is segmented by Type (Cocoa Powder, Cocoa Paste, Cocoa Butter, Cocoa Beans and Others), and Application (Bakery, Drinks & Beverages, Confectionaries, Functional Food and Others). Further the market is also geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa.[CI1]

Growth in the demand for chocolate & associated products like sweet chocolate, dark chocolate, drinking chocolate, and milk chocolate is a major driver for the cocoa products market. Cocoa products have many advantages for health such as relief from high blood pressure and many neurodegenerative diseases, due to a growth in the demand for cocoa products in the market. But, the high sugar in many cocoa-based products has hampered the growth of the cocoa product market.

On the basis of geography, the global market is analysed under various regions namely North America, Europe, Asia-Pacific, Middle East and Africa and Latin America. The Global Cocoa Products Market was dominated by North America, with the largest market share globally and was followed by Europe. The Asia Pacific is predicted to show the highest CAGR during the forecasting period.

Some of the major companies in this market are Kraft Foods Group, Inc., Blommer Chocolate Company, Cargill, Inc., Tradin Organic Agriculture B.V., Touton S.A., Ciranda, Inc., Artisan Confections Company, PASCHA Chocolate, Internatural Foods LLC, and NORD COCOA.

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