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Pulished Date April, 2021
ID: 6931
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Europe Cocoa Products Market By Type (Cocoa Powder, Cocoa Paste, Cocoa Butter, Cocoa Beans And Others), By Application (Bakery, Drinks & Beverages, Confectionaries, Functional Food And Others), And By Region - Europe Industry Analysis, Size, Share, Growth, Trends, And Forecasts 2021-2026

Pulished: April, 2021
ID: 6931
Pages: 145

Europe Cocoa Products Market Size Analysis 2021-2026:

Europe Cocoa Products Market size was at USD xx.xx million in 2021 and is foreseen to increase to USD xx.xx million, progressing at a CAGR of xx% throughout the conjecture period 2021-2026.

Cocoa is a commercial plantation crop. The seeds of the cocoa fruit give a flavored cocoa powder during fermentation. Cocoa is hardly grown in monocultures. Their looming ability to share the alley spaces of tall coconut and areca nut palms and their ability to blend in with the microclimatic conditions available in these perennial gardens helps cultivar utilize these areas without requiring a separate growing climate. The most common types of cocoa products available in the market are cocoa beans, cocoa powder coating sugar, cocoa shell skins, and cocoa butter fat and oil.

Europe Cocoa Products Market Report Coverage:



Market Size Available

2020 – 2026

Base Year


Forecast Period

2021 - 2026



Segments Covered

By Product Type, By Type, By Distribution Channel

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Countries Covered

United Kingdom, Italy, Spain, Germany, France

Market Leaders Profiled

United Cocoa Processor, Tradin Organic, Cargill, Touton S.A, The Hershey Company, Puratos Group, Guan Chong Berhad (GCB), Fuji Oil Co., Ltd., and Ciranda

Recent Developments in Europe Cocoa Products Market:

  1. In January 2019, Cargill Inc introduced its artisan chocolate brand named Veliche Gourmet in Horecava in Amsterdam.
  2. In February 2019, Olam International Limited completed the acquisition of 85 percent stake in the parent company of the largest cocoa processor of Indonesia to capitalize the rising demand in the Asian market.
  3. Olam International has purchased Archer Daniels Midland Company's global cocoa business in a deal that was worth USD 1.2 billion.
  4. Cargill has recently purchased ADM's international chocolate business for an estimated value of $ 440 million. This acquisition underscores Cargill's commitment to meeting customer needs and is an important step in its chocolate growth strategy, strengthening its position as a leader in the cocoa and chocolate industry. The combined business provides Cargill with enhanced capabilities and product lines to offer a broad portfolio of products that meet the long-term needs of new and existing customers.
  5. The cocoa and chocolate business of Cargill and Smet, a leading Belgian supplier of chocolate decorations and confectionery for the catering and confectionery markets, announces its intention to consolidate its global gourmet chocolate business. The combined activity will offer significant opportunities to accelerate the growth of the gastronomic segment. Customers will benefit from increased privacy and high-speed time-to-market through new decorating technology, improved production capabilities, and a wide range of products.
  6. Barry Callebaut, the world's leading manufacturer of high-quality cocoa and chocolate products, has signed an agreement with Petra Foods Ltd., Singapore, to acquire its Cocoa Ingredients division. Petra Foods Cocoa Ingredients division is the largest supplier of cocoa products in Asia. The transaction is subject to approval by Petra Foods shareholders and regulatory authorities. The transaction is scheduled to close in the summer of 2013.
  7. The KPPU concluded that the acquisition of ADM Cocoa Business (ADM) by Olam International Limited (Olam) does not give rise to allegations of monopolistic practices or unfair competition. The opinion was issued by KPPU, 2018 based on the evaluation of the merger carried out.
  8. The Blommer Chocolate Company, the largest manufacturer of chocolate ingredients in North America and the third largest in the world, announced that it has signed an agreement to be acquired by Fuji Oil Holding, Inc., a world leader in oily and fatty ingredients used in the industry food.

Market Drivers and Restraints:

The increased health benefits of cocoa products are a major driver of the European cocoa products market. The growing health benefits of cocoa for the human body include lowering high blood pressure by improving nitric oxide levels, as well as the risk of heart attack and stroke. Additionally, several studies have found that cocoa is rich in flavonoids, which lower blood pressure by improving nitric oxide levels and blood vessel function. Cocoa containing between 30-1218 mg of flavonoids can lower blood pressure by 2 mmHg on average, and therefore these key health benefits are driving the market for cocoa products in the European nations. The increased health benefits of cocoa products is supposed to be a major driver for this regional market during the conjecture period. Cocoa reduces high blood pressure by improving nitric oxide levels, reduces the risk of heart attack and stroke; thus boosting its demand in the application industries. The change in lifestyle coupled with the growing health concerns and busy schedules of people around Europe are further driving the growth of the industry. Also, with the wide recognition in celebratory events and domestic occasions, there is a demand for cakes, pastries and chocolates at affordable prices, further contributing to the growth of Europe cocoa products market. Some of the factors that are expected to hamper the growth of the market are limited cocoa production and rising raw material prices for baked goods during the outlook period.

Market Segmentation

The Europe Cocoa Products Market has been segmented by product type, application, and region.

Based on Type: It is classified into cocoa beans, cocoa butter, cocoa powder and cakes, paste and cocoa liquor and chocolate.

Based on Application: It is classified into applications, confectionery, food and beverage, cosmetics and pharmaceuticals.

Based on Product Type: The cocoa beans segment contributed the largest share of the cocoa products market. The increased demand for cocoa beans to make a variety of foods and beverages primarily drives their sales. However, the cocoa paste category accounted for the fastest growth in 2019.

According to the application, the confectionery segment has been the main contributor to the cocoa products market share in 2019 and is likely to dominate the market throughout the forecast period. This is attributed to the growing affinity of people around the world for packaged foods and sweets.

Impact of COVID-19 on Europe Cocoa Products Market

Coronavirus pandemic had its worst impact on the food & beverages sector, including all its associated industries like cocoa products. The shutdown of production units, disruption in supply chains and closure of sales channels as a part of lockdown conditions in several developed and developing nations have led to the declined sales of cocoa products. As European nations like Italy, UK, etc., have been among the most affected areas with the Coronavirus, it witnessed huge losses in almost all industries lately. The market is likely to take some time to return to its previous stage as consumers are turning towards organic and herbal products to boost their immunity during this COVID-19 period.

Regional Analysis

The Europe Cocoa Products market has been classified by geography into the United Kingdom, Germany, France, Italy, Spain, and the rest of Europe. Europe dominated the market for cocoa products with a 38% share during the review period. Technological advances, along with increasing innovation such as the individual freezing method, are driving the market for cocoa products. The freezing technique method has made a huge claim for its place in the frozen bakery industry in Europe, driven by natural self-promotion without the use of preservatives. Furthermore, ingredients such as fruits, herbs, and vegetables that are used in the baking processes also rely heavily on this unique freezing procedure that promotes the growth of the European cocoa market positively.

Leading Company

Cargill had the largest share of the Europe Cocoa Products Market in terms of sales and revenue in 2020.

Key Players

Major players in the Europe Cocoa Products Market include United Cocoa Processor, Tradin Organic, Cargill, Touton S.A, The Hershey Company, Puratos Group, Guan Chong Berhad (GCB), Fuji Oil Co., Ltd., and Ciranda.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                          

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 Type                              

                                5.1.1 Introduction           

                                5.1.2 Cocoa Powder       

                                5.1.3 Cocoa Paste            

                                5.1.4 Cocoa Butter          

                                5.1.5 Cocoa beans           

                                5.1.6 Others      

                                5.1.5  Y-o-Y Growth Analysis, By Type    

                                5.1.6  Market Attractiveness Analysis, By Type  

                                5.1.7  Market Share Analysis, By Type    

                5.2 Application                 

                                5.2.1 Introduction           

                                5.2.2 Bakery      

                                5.2.3 Drinks & Beverages             

                                5.2.4 Confectionaries    

                                5.2.5 Functional food     

                                5.2.6 Others      

                                5.2.7 Y-o-Y Growth Analysis, By Application         

                                5.2.8 Market Attractiveness Analysis, By Application       

                                5.2.9Market Share Analysis, By Application         

6. Geographical Analysis                                              

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                       By Geographical Area

                                       By Type

                                       By Application

                                6.1.4  Market Attractiveness Analysis     

                                       By Geographical Area

                                       By Type

                                       By Application

                                6.1.5  Market Share Analysis      

                                       By Geographical Area

                                       By Type

                                       By Application

                6.2 U.K                 

                6.3 Spain                             

                6.4 Germany                     

                6.5 Italy                               

                6.6 France                          

7. Strategic Analysis                                       

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

8. Market Leaders' Analysis                                        

                8.1 Kraft Foods Group                   

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 Blommer Chocolate Company                            

                8.3 Hersheys                     

                8.4 Tradin Organic Agriculture B.V                            

                8.5 Touton S.A                  

                8.6 PASCHA Chocolate                  

                8.7 Nestle                           

9. Competitive Landscape                                           

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures                         

                9.4 New Product Launches                         

10. Market Outlook and Investment Opportunities                                         


                a) List of Tables                

                b) List of Figures                              

  • 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
  • Segment-level analysis in terms of Type, by Application 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 products Market By Type, From 2021-2026 ( USD Million )
  2. Europe cocoa powder Market By Region, From 2021-2026 ( USD Million )
  3. Europe cocoa paste Market By Region, From 2021-2026 ( USD Million )
  4. Europe cocoa butter Market By Region, From 2021-2026 ( USD Million )
  5. Europe cocoa beans Market By Region, From 2021-2026 ( USD Million )
  6. Europe other types Market By Region, From 2021-2026 ( USD Million )
  7. Europe Cocoa products Market By Application, From 2021-2026 ( USD Million )
  8. Europe Bakery  Market By Region, From 2021-2026 ( USD Million )
  9. Europe Drinks and beverages Market By Region, From 2021-2026 ( USD Million )
  10. Europe Confectionaries Market By Region, From 2021-2026 ( USD Million )
  11. U.K. Cocoa products Market By Type, From 2021-2026 ( USD Million )
  12. U.K. Cocoa products Market By Application, From 2021-2026 ( USD Million )
  13. Germany Cocoa products Market By Type, From 2021-2026 ( USD Million )
  14. Germany Cocoa products Market By Application, From 2021-2026 ( USD Million )
  15. France Cocoa products Market By Type, From 2021-2026 ( USD Million )
  16. France Cocoa products Market By Application, From 2021-2026 ( USD Million )
  17. Italy Cocoa products Market By Type, From 2021-2026 ( USD Million )
  18. Italy Cocoa products Market By Application, From 2021-2026 ( USD Million )
  19. Spain Cocoa products Market By Type, From 2021-2026 ( USD Million )
  20. Spain Cocoa products Market By Application, From 2021-2026 ( USD Million )

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