Cocoa Products Market by Product Type (Cocoa Beans, Cocoa Butter, Cocoa Powder & Cake, Cocoa Paste & Liquor, and Chocolate) and Application (Confectionery, Food & Beverages, Cosmetics & Pharmaceutical): Global Opportunity Analysis and Industry Forecast, 2019–2026

The global cocoa products market size was valued at $24.5 billion in 2019 and is projected to grow at a CAGR of 3.1% to reach a value of $30.2 billion in 2026. 

Cocoa is a product derived by processing the cacao seeds obtained from the cacao tree. Cocoa has its origin in Latin America, however, today is cultivated in almost all tropical regions, from West and Central Africa to Asia and Oceania. There are numerous products produced from cocoa seeds such as cocoa liquor, cocoa butter, and cocoa powder. Cocoa powder is predominantly used to manufacture chocolate confectionery and cocoa paste, which is used to produce desserts. Cocoa butter is extensively used in pharmaceutical and cosmetic industries to manufacture skin care products. Cocoa liquor can be used as a product on its own or can be mixed with other products to make confectioneries. The popularity of cocoa can be attributed to the health benefits it provides.

The rise in awareness of health benefits regarding the consumption of cocoa-rich products drives the growth of the cocoa products market. The health benefits to the human body include decreased hypertension, reduced chronic fatigue syndrome, protection against sunburn, and others. These factors drive the growth of the cocoa products market. Increase in demand for chocolate and its related products such as milk chocolate, sweet chocolate, and dark chocolate along with aggressive advertisements by manufacturers for brand recognition majorly drive the growth of the cocoa products market. However, volatile prices and limited production of cocoa hinder the growth of this market. On the contrary, improvements in commercial farming techniques to manufacture cocoa are expected to increase the supply of this product thereby, improving chances of growth in future.

The cocoa products market is segmented based on product type, application, and region. By product type, it is classified into cocoa beans, cocoa butter, cocoa powder & cake, cocoa paste & liquor and chocolate. Based on application, it is categorized into application, confectionery, food & beverages, cosmetics and pharmaceutical. Based on region, it is analyzed across North America that includes the U.S., Canada, and Mexico; Europe that includes the UK, the Netherlands, Germany, France, Spain, Italy, Turkey, and rest of Europe; Asia-Pacific which includes Malaysia, Indonesia, Singapore, Japan, China, India, and rest of Asia-Pacific; LAMEA which comprises Brazil, Côte d'Ivoire, and rest of LAMEA.

Players in the cocoa products industry have utilized business expansion and product launch to improve their product portfolio and enhance their market share. The key players profiled in the cocoa products market include Cargill, Ciranda, FUJI OIL CO., LTD., Guan Chong Berhad (GCB), Puratos Group, The Hershey Company, Touton S.A, Tradin Organic, and United Cocoa Processor.

KEY BENEFITS FOR STAKEHOLDERS

• The report provides a quantitative analysis of the current cocoa products market trends, estimations, and dynamics of the market size from 2019 to 2026 to identify the prevailing cocoa products market opportunities.
• The key countries in all the major regions are mapped based on their Cocoa Products market share.
• Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
• In-depth analysis and the cocoa products market size and segmentation assists in determining the prevailing market opportunities.
• Major countries in each region are mapped according to their revenue contribution to the global cocoa products industry.
• Market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the market players.

KEY MARKET SEGMENTS

By Product Type

• Cocoa Beans
• Cocoa Butter
• Cocoa Powder & Cake
• Cocoa Paste & Liquor
• Chocolate

By Application

• Application
• Confectionery
• Food & Beverages
• Cosmetics
• Pharmaceutical

By Region

• North America
• U.S.
• Canada
• Mexico
• Europe
• UK
• Netherlands
• Germany
• France
• Spain
• Italy
• Turkey
• Rest of Europe
• Asia-Pacific
• Malaysia
• Indonesia
• Singapore
• Japan
• China
• India
• Rest of Asia-Pacific
• LAMEA
• Brazil
• Côte d'Ivoire
• Rest of LAMEA.

LIST OF TABLES

TABLE 01. GLOBAL COCOA PRODUCTS MARKET, BY PRODUCT TYPE, 2018-2026 ($MILLION)

TABLE 02. COCOA BEANS COCOA PRODUCTS MARKET , BY REGION 2018–2026 ($MILLION)

TABLE 03. COCOA BEANS MARKET REVENUE FOR COCOA BUTTER, BY REGION 2018–2026 ($MILLION)

TABLE 04. COCOA BEANS MARKET REVENUE FOR COCOA POWDER & CAKE, BY REGION 2018–2026 ($MILLION)

TABLE 05. COCOA BEANS MARKET REVENUE FOR COCOA PASTE & LIQUOR, BY REGION 2018–2026 ($MILLION)

TABLE 06. COCOA BEANS MARKET REVENUE FOR CHOCOLATE, BY REGION 2018–2026 ($MILLION)

TABLE 07. GLOBAL COCOA PRODUCTS MARKET REVENUE, BY APPLICATION, 2018-2026 ($MILLION)

TABLE 08. COCOA PRODUCTS MARKET REVENUE FOR CONFECTIONERY, BY REGION 2018–2026 ($MILLION)

TABLE 09. COCOA PRODUCTS MARKET REVENUE FOR FOOD AND BEVERAGES, BY REGION 2018–2026 ($MILLION)

TABLE 10. COCOA PRODUCTS MARKET REVENUE FOR COSMETICS, BY REGION 2018–2026 ($MILLION)

TABLE 11. COCOA PRODUCTS MARKET REVENUE FOR PHARNACEUTICALS, BY REGION 2018–2026 ($MILLION)

TABLE 12. COCOA PRODUCTS MARKET REVENUE, BY REGION 2018–2026 ($MILLION)

TABLE 13. NORTH AMERICA COCOA PRODUCTS MARKET REVENUE, BY PRODUCT TYPE 2018–2026 ($MILLION)

TABLE 14. NORTH AMERICA COCOA PRODUCTS MARKET REVENUE, BY APPLICATION 2018–2026 ($MILLION)

TABLE 15. NORTH AMERICA COCOA PRODUCTS MARKET REVENUE, BY COUNTRY 2018–2026 ($MILLION)

TABLE 16. U.S. COCOA PRODUCTS MARKET REVENUE, BY PRODUCT TYPE 2018–2026 ($MILLION)

TABLE 17. U.S. COCOA PRODUCTS MARKET REVENUE, BY APPLICATION 2018–2026 ($MILLION)

TABLE 18. CANADA COCOA PRODUCTS MARKET REVENUE, BY PRODUCT TYPE 2018–2026 ($MILLION)

TABLE 19. CANADA COCOA PRODUCTS MARKET REVENUE, BY APPLICATION 2018–2026 ($MILLION)

TABLE 20. MEXICO COCOA PRODUCTS MARKET REVENUE, BY PRODUCT TYPE 2018–2026 ($MILLION)

TABLE 21. MEXICO COCOA PRODUCTS MARKET REVENUE, BY APPLICATION 2018–2026 ($MILLION)

TABLE 22. EUROPE COCOA PRODUCTS MARKET REVENUE, BY PRODUCT TYPE 2018–2026 ($MILLION)

TABLE 23. EUROPE COCOA PRODUCTS MARKET REVENUE, BY APPLICATION 2018–2026 ($MILLION)

TABLE 24. EUROPE COCOA PRODUCTS MARKET REVENUE, BY COUNTRY 2018–2026 ($MILLION)

TABLE 25. GERMANY COCOA PRODUCTS MARKET REVENUE, BY PRODUCT TYPE 2018–2026 ($MILLION)

TABLE 26. GERMANY COCOA PRODUCTS MARKET REVENUE, BY APPLICATION 2018–2026 ($MILLION)

TABLE 27. FRANCE COCOA PRODUCTS MARKET REVENUE, BY PRODUCT TYPE 2018–2026 ($MILLION)

TABLE 28. FRANCE COCOA PRODUCTS MARKET REVENUE, BY APPLICATION 2018–2026 ($MILLION)

TABLE 29. UK COCOA PRODUCTS MARKET REVENUE, BY PRODUCT TYPE 2018–2026 ($MILLION)

TABLE 30. UK COCOA PRODUCTS MARKET REVENUE, BY APPLICATION 2018–2026 ($MILLION)

TABLE 31. ITALY COCOA PRODUCTS MARKET REVENUE, BY PRODUCT TYPE 2018–2026 ($MILLION)

TABLE 32. ITALY COCOA PRODUCTS MARKET REVENUE, BY APPLICATION 2018–2026 ($MILLION)

TABLE 33. SPAIN COCOA PRODUCTS MARKET REVENUE, BY PRODUCT TYPE 2018–2026 ($MILLION)

TABLE 34. SPAIN COCOA PRODUCTS MARKET REVENUE, BY APPLICATION 2018–2026 ($MILLION)

TABLE 35. NETHERLANDS COCOA PRODUCTS MARKET REVENUE, BY PRODUCT TYPE 2018–2026 ($MILLION)

TABLE 36. NETHERLANDS COCOA PRODUCTS MARKET REVENUE, BY APPLICATION 2018–2026 ($MILLION)

TABLE 37. REST OF EUROPE COCOA PRODUCTS MARKET REVENUE, BY PRODUCT TYPE 2018–2026 ($MILLION)

TABLE 38. REST OF EUROPE COCOA PRODUCTS MARKET REVENUE, BY APPLICATION 2018–2026 ($MILLION)

TABLE 39. ASIA-PACIFIC COCOA PRODUCTS MARKET REVENUE, BY PRODUCT TYPE 2018–2026 ($MILLION)

TABLE 40. ASIA-PACIFIC COCOA PRODUCTS MARKET REVENUE, BY APPLICATION 2018–2026 ($MILLION)

TABLE 41. ASIA-PACIFIC COCOA PRODUCTS MARKET REVENUE, BY COUNTRY 2018–2026 ($MILLION)

TABLE 42. JAPAN COCOA PRODUCTS MARKET REVENUE, BY PRODUCT TYPE 2018–2026 ($MILLION)

TABLE 43. JAPAN COCOA PRODUCTS MARKET REVENUE, BY APPLICATION 2018–2026 ($MILLION)

TABLE 44. CHINA COCOA PRODUCTS MARKET REVENUE, BY PRODUCT TYPE 2018–2026 ($MILLION)

TABLE 45. CHINA COCOA PRODUCTS MARKET REVENUE, BY APPLICATION 2018–2026 ($MILLION)

TABLE 46. INDIA COCOA PRODUCTS MARKET REVENUE, BY PRODUCT TYPE 2018–2026 ($MILLION)

TABLE 47. INDIA COCOA PRODUCTS MARKET REVENUE, BY APPLICATION 2018–2026 ($MILLION)

TABLE 48. INDONESIA COCOA PRODUCTS MARKET REVENUE, BY PRODUCT TYPE 2018–2026 ($MILLION)

TABLE 49. INDONESIA COCOA PRODUCTS MARKET REVENUE, BY APPLICATION 2018–2026 ($MILLION)

TABLE 50. SINGAPORE COCOA PRODUCTS MARKET REVENUE, BY PRODUCT TYPE 2018–2026 ($MILLION)

TABLE 51. SINGAPORE COCOA PRODUCTS MARKET REVENUE, BY APPLICATION 2018–2026 ($MILLION)

TABLE 52. MALAYSIA COCOA PRODUCTS MARKET REVENUE, BY PRODUCT TYPE 2018–2026 ($MILLION)

TABLE 53. MALAYSIA COCOA PRODUCTS MARKET REVENUE, BY APPLICATION 2018–2026 ($MILLION)

TABLE 54. REST OF ASIA-PACIFIC COCOA PRODUCTS MARKET REVENUE, BY PRODUCT TYPE 2018–2026 ($MILLION)

TABLE 55. REST OF ASIA-PACIFIC COCOA PRODUCTS MARKET REVENUE, BY APPLICATION 2018–2026 ($MILLION)

TABLE 56. LAMEA COCOA PRODUCTS MARKET REVENUE, BY PRODUCT TYPE 2018–2026 ($MILLION)

TABLE 57. LAMEA COCOA PRODUCTS MARKET REVENUE, BY APPLICATION 2018–2026 ($MILLION)

TABLE 58. LAMEA COCOA PRODUCTS MARKET REVENUE, BY COUNTRY 2018–2026 ($MILLION)

TABLE 59. BRAZIL COCOA PRODUCTS MARKET REVENUE, BY PRODUCT TYPE 2018–2026 ($MILLION)

TABLE 60. BRAZIL COCOA PRODUCTS MARKET REVENUE, BY APPLICATION 2018–2026 ($MILLION)

TABLE 61. REST OF LAMEA COCOA PRODUCTS MARKET REVENUE, BY PRODUCT TYPE 2018–2026 ($MILLION)

TABLE 62. REST OF LAMEA COCOA PRODUCTS MARKET REVENUE, BY APPLICATION 2018–2026 ($MILLION)

TABLE 63. IVORY COAST COCOA PRODUCTS MARKET REVENUE, BY PRODUCT TYPE 2018–2026 ($MILLION)

TABLE 64. IVORY COAST COCOA PRODUCTS MARKET REVENUE, BY APPLICATION 2018–2026 ($MILLION)

TABLE 65. GHANA COCOA PRODUCTS MARKET REVENUE, BY PRODUCT TYPE 2018–2026 ($MILLION)

TABLE 66. GHANA COCOA PRODUCTS MARKET REVENUE, BY APPLICATION 2018–2026 ($MILLION)

TABLE 67. CAMEROON COCOA PRODUCTS MARKET REVENUE, BY PRODUCT TYPE 2018–2026 ($MILLION)

TABLE 68. CAMEROON COCOA PRODUCTS MARKET REVENUE, BY APPLICATION 2018–2026 ($MILLION)

TABLE 69. BARRY CALLEBAUT AG: KEY EXECUTIVES

TABLE 70. BARRY CALLEBAUT AG: COMPANY SNAPSHOT

TABLE 71. BARRY CALLEBAUT AG: OPERATING SEGMENTS

TABLE 72. BARRY CALLEBAUT AG: PRODUCT PORTFOLIO

TABLE 73. CARGILL INC.:KEY EXECUTIVES

TABLE 74. CARGILL INC.: COMPANY SNAPSHOT

TABLE 75. CARGILL INC.: OPERATING SEGMENTS

TABLE 76. CARGILL INC.: PRODUCT PORTFOLIO

TABLE 77. CIRANDA, INC.:KEY EXECUTIVES

TABLE 78. CIRANDA, INC.: COMPANY SNAPSHOT

TABLE 79. CIRANDA, INC.: PRODUCT PORTFOLIO

TABLE 80. FUJI OIL CO., LTD.: KEY EXECUTIVES

TABLE 81. FUJI OIL CO., LTD.: COMPANY SNAPSHOT

TABLE 82. FUJI OIL CO., LTD.: OPERATING SEGMENTS

TABLE 83. FUJI OIL CO., LTD.: PRODUCT PORTFOLIO

TABLE 84. GCB: KEY EXECUTIVES

TABLE 85. GCB: COMPANY SNAPSHOT

TABLE 86. GCB: PRODUCT PORTFOLIO

TABLE 87. PURATOS: KEY EXECUTIVES

TABLE 88. PURATOS: COMPANY SNAPSHOT

TABLE 89. PURATOS: PRODUCT PORTFOLIO

TABLE 90. THE HERSHEY COMPANY:KEY EXECUTIVES

TABLE 91. THE HERSHEY COMPANY: COMPANY SNAPSHOT

TABLE 92. THE HERSHEY COMPANY: OPERATING SEGMENTS

TABLE 93. THE HERSHEY COMPANY: PRODUCT PORTFOLIO

TABLE 94. TOUTON S.A.:KEY EXECUTIVES

TABLE 95. TOUTON S.A.: COMPANY SNAPSHOT

TABLE 96. TOUTON S.A.: PRODUCT PORTFOLIO

TABLE 97. TRADIN ORGANIC AGRICULTURE B.V.: KEY EXECUTIVES

TABLE 98. TRADIN ORGANIC AGRICULTURE B.V.: COMPANY SNAPSHOT

TABLE 99. TRADIN ORGANIC AGRICULTURE B.V.: OPERATING SEGMENTS

TABLE 100. TRADIN ORGANIC AGRICULTURE B.V.: PRODUCT PORTFOLIO

TABLE 101. UCP: KEY EXECUTIVES

TABLE 102. UCP: COMPANY SNAPSHOT

TABLE 103. UCP: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01. KEY MARKET SEGMENTS

FIGURE 02. EXECUTIVE SUMMARY

FIGURE 03. TOP IMPACTING FACTORS

FIGURE 04. TOP INVESTMENT POCKETS

FIGURE 05. PARENT MARKET OVERVIEW

FIGURE 06. MODERATE BARGAINING POWER OF SUPPLIERS

FIGURE 07. LOW-MODERATE THREAT OF NEW ENTRANTS

FIGURE 08. MODERATE THREAT OF SUBSTITUTES

FIGURE 09. HIGH-MODERATE INTENSITY OF RIVALRY

FIGURE 10. LOW-MODERATE BARGAINING POWER OF BUYERS

FIGURE 11. GLOBAL COCOA PRODUCTS MARKET, BY PRODUCT TYPE, 2018-2026

FIGURE 12. COMPARATIVE SHARE ANALYSIS OF COCOA BEANS, BY COUNTRY, 2019 & 2026 (%)

FIGURE 13. COMPARATIVE SHARE ANALYSIS OF COCOA BUTTER, BY COUNTRY, 2019 & 2026 (%)

FIGURE 14. COMPARATIVE SHARE ANALYSIS OF COCOA POWDER & CAKE, BY COUNTRY, 2019 & 2026 (%)

FIGURE 15. COMPARATIVE SHARE ANALYSIS OF COCOA PASTE & LIQUOR, BY COUNTRY, 2019 & 2026 (%)

FIGURE 16. COMPARATIVE SHARE ANALYSIS OF CHOCOLATE, BY COUNTRY, 2019 & 2026 (%)

FIGURE 17. GLOBAL COCOA PRODUCTS MARKET, BY APPLICATION, 2018-2026

FIGURE 18. COMPARATIVE SHARE ANALYSIS OF CONFECTIONERY IN COCOA PRODUCTS MARKET, BY COUNTRY, 2019 & 2026 (%)

FIGURE 19. COMPARATIVE SHARE ANALYSIS OF FOOD AND BEVERAGE IN COCOA PRODUCTS MARKET, BY COUNTRY, 2019 & 2026 (%)

FIGURE 20. COMPARATIVE SHARE ANALYSIS OF COSMETICS IN COCOA PRODUCTS MARKET, BY COUNTRY, 2019 & 2026 (%)

FIGURE 21. COMPARATIVE SHARE ANALYSIS OF PHARMACEUTICALS IN COCOA PRODUCTS MARKET, BY COUNTRY, 2019 & 2026 (%)

FIGURE 22. GLOBAL COCOA PRODUCTS MARKET, BY REGION, 2018-2026

FIGURE 23. U.S. COCOA PRODUCTS MARKET REVENUE, 2018-2026 ($MILLION)

FIGURE 24. CANADA COCOA PRODUCTS MARKET REVENUE, 2018-2026 ($MILLION)

FIGURE 25. MEXICO PRODUCTS MARKET REVENUE, 2018-2026 ($MILLION)

FIGURE 26. GERMANY COCOA PRODUCTS MARKET REVENUE, 2018-2026 ($MILLION)

FIGURE 27. FRANCE COCOA PRODUCTS MARKET REVENUE, 2018-2026 ($MILLION)

FIGURE 28. UK COCOA PRODUCTS MARKET REVENUE, 2018-2026 ($MILLION)

FIGURE 29. ITALY COCOA PRODUCTS MARKET REVENUE, 2018-2026 ($MILLION)

FIGURE 30. SPAIN COCOA PRODUCTS MARKET REVENUE, 2018-2026 ($MILLION)

FIGURE 31. NETHERLANDS COCOA PRODUCTS MARKET REVENUE, 2018-2026 ($MILLION)

FIGURE 32. REST OF EUROPE COCOA PRODUCTS MARKET REVENUE, 2018-2026 ($MILLION)

FIGURE 33. JAPAN COCOA PRODUCTS MARKET REVENUE, 2018-2026 ($MILLION)

FIGURE 34. CHINA COCOA PRODUCTS MARKET REVENUE, 2018-2026 ($MILLION)

FIGURE 35. INDIA COCOA PRODUCTS MARKET REVENUE, 2018-2026 ($MILLION)

FIGURE 36. INDONESIA COCOA PRODUCTS MARKET REVENUE, 2018-2026 ($MILLION)

FIGURE 37. SINGAPORE COCOA PRODUCTS MARKET REVENUE, 2018-2026 ($MILLION)

FIGURE 38. MALAYSIA COCOA PRODUCTS MARKET REVENUE, 2018-2026 ($MILLION)

FIGURE 39. REST OF ASIA-PACIFIC COCOA PRODUCTS MARKET REVENUE, 2018-2026 ($MILLION)

FIGURE 40. BRAZIL COCOA PRODUCTS MARKET REVENUE, 2018-2026 ($MILLION)

FIGURE 41. REST OF LAMEA COCOA PRODUCTS MARKET REVENUE, 2018-2026 ($MILLION)

FIGURE 42. IVORY COAST COCOA PRODUCTS MARKET REVENUE, 2018-2026 ($MILLION)

FIGURE 43. GHANA COCOA PRODUCTS MARKET REVENUE, 2018-2026 ($MILLION)

FIGURE 44. CAMEROON COCOA PRODUCTS MARKET REVENUE, 2018-2026 ($MILLION)

FIGURE 45. TOP PLAYER POSITIONING, 2018

FIGURE 46. BARRY CALLEBAUT AG COMPANY: R&D EXPENDITURE, 2016–2018 ($MILLION)

FIGURE 47. BARRY CALLEBAUT AG: NET SALES, 2016–2018 ($MILLION)

FIGURE 48. BARRY CALLEBAUT AG: REVENUE SHARE BY SEGMENT, 2018 (%)

FIGURE 49. BARRY CALLEBAUT AG: REVENUE SHARE BY REGION, 2018 (%)

FIGURE 50. CARGILL INC.: NET SALES, 2016–2018 ($MILLION)

FIGURE 51. CARGILL INC.: REVENUE SHARE BY REGION, 2018 (%)

FIGURE 52. FUJI OIL CO., LTD.: NET SALES, 2016–2018 ($MILLION)

FIGURE 53. GCB: NET SALES, 2016–2018 ($MILLION)

FIGURE 54. GCB: REVENUE SHARE BY SEGMENT, 2018 (%)

FIGURE 55. THE HERSHEY COMPANY: R&D EXPENDITURE, 2016–2018 ($MILLION)

FIGURE 56. THE HERSHEY COMPANY: NET SALES, 2016–2018 ($MILLION)

FIGURE 57. THE HERSHEY COMPANY: REVENUE SHARE BY SEGMENT, 2018 (%)

FIGURE 58. TRADIN ORGANIC AGRICULTURE B.V.: R&D EXPENDITURE, 2016–2018 ($MILLION)

FIGURE 59. TRADIN ORGANIC AGRICULTURE B.V.: NET SALES, 2016–2018 ($MILLION)

FIGURE 60. TRADIN ORGANIC AGRICULTURE B.V.: REVENUE SHARE BY SEGMENT, 2018 (%)

FIGURE 61. TRADIN ORGANIC AGRICULTURE B.V.: REVENUE SHARE BY REGION, 2018 (%)