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Pulished Date April, 2021
ID: 2471
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Europe Cocoa and Chocolate Market segmented by Application (Cosmetics, Confectionery, Food & Beverage and Pharmaceuticals), by Chocolate Type (Dark Chocolate, Filled Chocolate, Milk Chocolate, and White Chocolate), by Cocoa Type (Cocoa Powder, Cocoa Liquor and Cocoa Butter), and By Country (UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe) – Size, Share, Trends, Growth, Forecast (2021-2026)

Pulished: April, 2021
ID: 2471
Pages: 135

Europe Cocoa and Chocolate Market Growth and Forecast (2021-2026):

The Europe Cocoa and Chocolate Market is worth US $ xx million in 2020, and it is estimated that it will reach a valuation of US $ xx million by the end of 2025 with an annual compound rate of xx% between 2021 and 2026.

Market Overview:

Cocoa and chocolate add flavor, flavor and texture to the product. Cacao is the fermented seed of the cacao tree. Market demand for cocoa and chocolate is increasing as the confectionery sector increases. Cocoa is widely used in the manufacture of chocolate. They have a number of health benefits because they are high in flavonoids that reduce the risk of cardiovascular disease. Cocoa liquor, cocoa butter, and cocoa powder are the cocoa products on the market, while chocolate products come in the form of white, milk, and dark chocolate.

Europe Cocoa and Chocolate Market Growth:

The food and beverage industry has made an important contribution to the expansion and development of the Europe Cocoa and Chocolate markets.

Drivers:

The Europe Cocoa and Chocolate market is in the forecast period of 2021 to 2026. The increasing use of cocoa in the manufacture of healthy beverages is expected to provide huge growth opportunities in the near future. Additionally, seasonal and holiday sales are expected to revitalize the cocoa and chocolate markets in the coming years. The Europe Cocoa and Chocolate market is primarily driven by growing consumer awareness of the health benefits of cocoa. The Europe Cocoa and Chocolate market has been driven by the growing demand for chocolate at all ages. Along with well-known brands, the health benefits associated with cocoa and chocolate products, the introduction of new flavors and the increased use of cocoa due to antioxidants, a diverse portfolio of products and brands are some of the factors that can accelerate the growth of Europe Cocoa and Chocolate. On the other hand, new opportunities will be added to the Europe Cocoa and Chocolate markets during the forecast period mentioned above such as the low penetration rate and the increasing use of chocolate as a functional food in fast growing countries. The widespread use of cocoa due to its antioxidant properties and health benefits is expected to be a major growth engine for the Europe Cocoa and Chocolate market. The demand for organic products is drawing the attention of consumers trying to avoid the consumption of harmful chemicals. With the rise of gluten sensitivity diagnoses around the region, gluten-free foods are gaining widespread attention not only among sensitive consumers, but also among health-conscious consumers. The rise in lifestyle health disorders has led consumers to be health conscious and active when it comes to shopping for food. Aiming for a very health-conscious consumer base, manufacturers in the Europe Cocoa and Chocolate market focus on providing innovative and healthy cocoa products that are low in sugar, organic and gluten-free. Additionally, by making cocoa liquor products from non-GMO materials, the Europe Cocoa and Chocolate market is expected to attract health-conscious consumers. The Europe Cocoa and Chocolate market has seen an impressive growth trajectory over the forecast period as Cocoa and Chocolate manufacturers embrace new methods of producing organic and gluten-free products amid an increasing frequency of consumers stopping chocolate consumption. The Europe Cocoa and Chocolate market is expected to report strong growth during the forecast period. The market moves as demand for chocolate and cocoa increases. The increase in chocolate consumption in the food and beverage, cosmetics, confectionery, pharmaceutical and other industries is closely related to the high demand for Europe Cocoa and Chocolate. The increase in disposable income for low-income families presents enormous market opportunities for the main players operating in the Europe Cocoa and Chocolate markets. Online shopping is on the rise and most products are sold through online distribution channels. The expansion of online retail channels is expected to add tremendous growth to Europe Cocoa and Chocolate market. In addition, increased purchasing power of consumers, along with changes in eating habits and increased adoption of healthy lifestyles, are expected to drive the growth of the Europe Cocoa and Chocolate market during the forecast period.

Restraints:

Changes in consumer preferences and the availability of counterfeit products will hamper the growth of the Europe Cocoa and Chocolate market during the forecast period mentioned above. The Europe market for cocoa and chocolate is growing exponentially. Therefore, the lack of sufficient quantities of cocoa beans will hamper the growth of the Europe Cocoa and Chocolate market for years to come. The presence of saturated fats in chocolate and its adverse health effects are displacing consumers' interest towards alternatives such as sandwiches, slowing the growth of the Europe Cocoa and Chocolate market. Rising cocoa prices added economic uncertainty to the international cocoa market, creating challenges for the growth of the Europe Cocoa and Chocolate market over the next decade.

Europe Cocoa and Chocolate Market Segmentation Analysis:

By type of cocoa, the Europe Cocoa and Chocolate market is segmented into cocoa powder, cocoa liquor and cocoa butter.

By type of chocolate, the Europe Cocoa and Chocolate market is divided into dark chocolate, filled chocolate, milk chocolate and white chocolate.

By application, the Europe Cocoa and Chocolate market is segmented into cosmetics, confectionery, food and beverage, and pharmaceuticals.

Impact of COVID 19 on the Europe Cocoa and Chocolate Market:

The coronavirus, along with other raw materials, triggered a reaction that lowered the price of Cocoa and Chocolate. The continued spread of the virus can affect cocoa production and logistics. Chocolate manufacturers may experience supply problems in the coming months and this will drive up Cocoa and Chocolate prices. The premium segment of the Europe Cocoa and Chocolate market has been severely affected by low sales volume and supply issues related to quality and certification due to the COVID-19 pandemic. On the other hand, the Europe Cocoa and Chocolate market has become more stable as regulations are relaxed in both exporting and importing countries. Consumer consumption of Cocoa and Chocolate in their homes has seen a sharp increase since the closure.

Regional Analysis:

European consumers are paying more attention to Cocoa and Chocolate quality as health problems associated with cheap Cocoa and Chocolate increase in the region and the popularity of premium cocoa skyrockets. Therefore, European consumers are willing to pay more for Cocoa and Chocolate products that meet their demand. The paradigm shift of European consumers towards high quality Cocoa and Chocolate products, including organic Cocoa and Chocolate, single origin Cocoa and Chocolate, artisan Cocoa and Chocolate and artisan Cocoa and Chocolate, is a major factor driving the Europe Cocoa and Chocolate market in the region. Dark chocolate is in high demand due to its low sugar content and combined with the rich bitter taste of concentrated cocoa. The UK and Germany are some of the most important Cocoa and Chocolate markets in Europe. The young population of the Spanish region represents the main consumers, driving the growth of the Europe Cocoa and Chocolate market. The Europe Cocoa and Chocolate market is further supported by the growth of the food service sector and the added value of the German region. In France, the Europe Cocoa and Chocolate market is very dynamic and has provided a driving force to replace traditional sweets.

Key Players in the Market:

Major Key Players in the Europe Cocoa and Chocolate Market are

Cargill Incorporated, Cocoa Processing Company Ltd., Blommer Chocolate, Barry Callebaut, Archer Daniels Midland and Meiji Holdings Co. Ltd., Cemoi, Olam International Limited, Puratos Group, Nestlé SA, Mars. Inc, Bunge, ADM, JB Foods Limited, Indcresa, Dutch Cocoa, Plot Enterprise Ghana Ltd, BD Associates Ghana Ltd., Touton SA and Niche Cocoa Industry Ltd.

 

 

 

1. Introduction                         

          1.1 Market Definition                

          1.2 Scope of the report             

          1.3 Study Assumptions             

          1.4 Base Currency, Base Year and Forecast Periods            

2. Research Methodology                    

          2.1 Analysis Design                  

          2.2 Research Phases                 

                   2.2.1 Secondary Research

                   2.2.2 Primary Research    

                   2.2.3 Data Modelling       

                   2.2.4 Expert Validation    

          2.3 Study Timeline          

3. Report Overview                   

          3.1 Executive Summary             

          3.2 Key Inferencees                  

4. Market Dynamics                            

          4.1 Impact Analysis                  

                   4.1.1 Drivers         

                   4.1.2 Restaints     

                   4.1.3 Opportunities         

          4.2 Regulatory Environment                

          4.3 Technology Timeline & Recent Trends               

5. Competitor Benchmarking Analysis                     

          5.1 Key Player Benchmarking               

                   5.1.1 Market share analysis       

                   5.1.2 Products/Service    

                   5.1.3 Regional Presence   

          5.2 Mergers & Acquistion Landscape             

          5.3 Joint Ventures & Collaborations               

6. Market Segmentation                      

          6.1 Cocoa and Chocolate Market, By Cocoa Type               

                   6.1.1 Cocoa Liquor

                   6.1.2 Cocoa Powder        

                   6.1.3 Cocoa Butter

                   6.1.4 Market Size Estimations & Forecasts (2021-2026)   

                   6.1.5 Y-o-Y Growth Rate Analysis       

                   6.1.6 Market Attractiveness Index       

          6.2 Cocoa and Chocolate Market, By Chocolate Type          

                   6.2.1 Milk Chocolate       

                   6.2.2 Dark Chocolate      

                   6.2.3 Filled Chocolate      

                   6.2.4 White Chocolate     

                   6.2.5 Market Size Estimations & Forecasts (2021-2026)   

                   6.2.6 Y-o-Y Growth Rate Analysis       

                   6.2.7 Market Attractiveness Index       

          6.3 Cocoa and Chocolate Market, By Application                

                   6.3.1 Food & Beverage     

                   6.3.2 Cosmetics    

                   6.3.3 Confectionery        

                   6.3.4 Pharmaceuticals     

                   6.3.5 Market Size Estimations & Forecasts (2021-2026)   

                   6.3.6 Y-o-Y Growth Rate Analysis       

                   6.3.7 Market Attractiveness Index       

7. Geographical Landscape                            

          7.1 Regional Identity Governance and Administration Market, by Region 

          7.2 Europe - Market Analysis (2021-2026)           

                   7.2.1 By Country   

                             7.2.1.1 UK

                             7.2.1.2 France

                             7.2.1.3 Germany

                             7.2.1.4 Spain

                             7.2.1.5 Italy

                             7.2.1.6 Rest of Europe

                   7.2.2 By Cocoa Type       

                   7.2.3 By Chocolate Type  

                   7.2.4 By Application        

8. Key Player Analysis                         

          8.1 Nestle SA                  

                   8.1.1 Business Description        

                   8.1.2 Products/Service    

                   8.1.3 Financials     

                   8.1.4 SWOT Analysis       

                   8.1.5 Recent Developments       

                   8.1.6 Analyst Overview    

          8.2 Ferrero Group           

          8.3 Mars, Inc                  

          8.4 Barry Callebaut          

          8.5 Cadbury          

          8.6 The Hershey Company                  

          8.7 Kraft Foods               

          8.8 Archer Daniels Midland Company             

          8.9 Amul              

          8.10 Lotte            

9. Market Outlook & Investment Opportunities                            

Appendix                        

          List of Tables                  

          List of Figures                 

 
  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • The Segment-level analysis in terms of By Cocoa Type, Chocolate Type, Application and along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

 

 

  1. Europe Cocoa and Chocolate Market By Cocoa Type, From 2021-2026 ( USD Billion )
  2. Europe Cocoa Liquor Market By Region, From 2021-2026 ( USD Billion )
  3. Europe Cocoa Powder Market By Region, From 2021-2026 ( USD Billion )
  4. Europe Cocoa Butter Market By Region, From 2021-2026 ( USD Billion )
  5. Europe Cocoa and Chocolate Market By Chocolate Type, From 2021-2026 ( USD Billion )
  6. Europe Milk Chocolate Market By Region, From 2021-2026 ( USD Billion )
  7. Europe Dark Chocolate Market By Region, From 2021-2026 ( USD Billion )
  8. Europe Filled Chocolate Market By Region, From 2021-2026 ( USD Billion )
  9. Europe White Chocolate Market By Region, From 2021-2026 ( USD Billion )
  10. Europe Cocoa and Chocolate Market By Application, From 2021-2026 ( USD Billion )
  11. Europe Food & Beverage Market By Region, From 2021-2026 ( USD Billion )
  12. Europe Cosmetics Market By Region, From 2021-2026 ( USD Billion )
  13. Europe Confectionery Market By Region, From 2021-2026 ( USD Billion )
  14. Europe Pharmaceuticals Market By Region, From 2021-2026 ( USD Billion )
  15. U.K. Cocoa and Chocolate Market By Cocoa Type, From 2021-2026 ( USD Billion )
  16. U.K. Cocoa and Chocolate Market By Chocolate Type, From 2021-2026 ( USD Billion )
  17. U.K. Cocoa and Chocolate Market By Application, From 2021-2026 ( USD Billion )
  18. Germany Cocoa and Chocolate Market By Cocoa Type, From 2021-2026 ( USD Billion )
  19. Germany Cocoa and Chocolate Market By Chocolate Type, From 2021-2026 ( USD Billion )
  20. Germany Cocoa and Chocolate Market By Application, From 2021-2026 ( USD Billion )
  21. France Cocoa and Chocolate Market By Cocoa Type, From 2021-2026 ( USD Billion )
  22. France Cocoa and Chocolate Market By Chocolate Type, From 2021-2026 ( USD Billion )
  23. France Cocoa and Chocolate Market By Application, From 2021-2026 ( USD Billion )
  24. Italy Cocoa and Chocolate Market By Cocoa Type, From 2021-2026 ( USD Billion )
  25. Italy Cocoa and Chocolate Market By Chocolate Type, From 2021-2026 ( USD Billion )
  26. Italy Cocoa and Chocolate Market By Application, From 2021-2026 ( USD Billion )
  27. Spain Cocoa and Chocolate Market By Cocoa Type, From 2021-2026 ( USD Billion )
  28. Spain Cocoa and Chocolate Market By Chocolate Type, From 2021-2026 ( USD Billion )
  29. Spain Cocoa and Chocolate Market By Application, From 2021-2026 ( USD Billion )

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