Global Cocoa Beans Market To Expand at a CAGR of 3.1% Over the Forecast Period 2016-2024

According to Goldstein Research, global cocoa beans market is expected to reach USD 16.7 billion by 2024, growing at a compounded annual growth rate of 3.1% over the forecast period 2016-2024. Rising cocoa demand from chocolate industry is fuelling the growth of the market. Global cocoa beans market segmentation has been carried out on the basis of cocoa bean type, product type, and end-user. Rising demand for chocolate-based products such as cocoa powder, cocoa butter, cocoa beverages and beauty products has led to the production of 4 million tones cocoa beans annually. Global cocoa beans market is majorly driven by Africa, producing 73% of the global cocoa beans production. Africa is followed by the Asia-Pacific and South America regions with increasing production capacity and government support such as in Indonesia and Malaysia.

Market Segmentation

On the basis of our in-depth analysis, Global Cocoa Beans Market can be segmented as follows:

  • Based on Cocoa Bean Type
    • Criollo Cocoa Beans
    • Forastero Cocoa Beans
    • Trinitario Cocoa Beans
  • Based on Product Type
    • Cocoa Powder
    • Cocoa Butter
    • Cocoa Beverages
    • Others (Cocoa Paste, Beauty Products)
  • Based on End-User
    • Chocolate & Confectionery Industry
    • Food and Beverage Industry
    • Cosmetics Industry
  • By Region
    • North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
    • Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
    • Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
    • Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
    • Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
    • Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}


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Market Trends, Drivers, and Challenges

Global Cocoa Beans Market Outlook contains a detailed overview of the global cocoa beans market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by cocoa bean type, product type, and end-user.

Further, for the in-depth analysis, Global cocoa beans market statistics report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Cargill Incorporated, Barry Callebaut, Artisan Confections Company, PASCHA Company, InterNatural Foods LLC, Olam Group, The Mexican Arabica Bean Company, Tomric Systems, Inc., Cacao Bahia, Cocoa Supply Company, Casa Franceschi, Costa Esmeraldas Cacao Co., Agrofloresta, Meridian Cacao Company, Jedwards International,etc.

The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services, and industries catered, financial analysis of the company and recent developments. Overall, the report represents the global cocoa beans market trends along with a market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview. Our analysts working on food and beverages industry reports, to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in a vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable for our clients’ needs and business agenda.

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