Cocoa Market Segmentation By Nature – Conventional (By Process (Natural, Dutch), By Product Type (Cocoa Powder, Cocoa Butter, Cocoa Liquor) and By Application (Confectionery, Functional Food, Bakery Items, Beverages, Cosmetics, Pharmaceuticals)), Organic – (By Process (Natural, Dutch), By Product Type (Cocoa Powder, Cocoa Butter, Cocoa Liquor) and By Application (Confectionery, Functional Food, Bakery Items, Beverages, Cosmetics, Pharmaceuticals))

Understanding customer needs and offering products accordingly, with specific characteristics and maintaining a proper supply and value chain in order to optimise pricing of the final product is a tested strategy adopted by companies operating in the global cocoa market, as highlighted in a new report published by Future Market Insights. The report titled “Cocoa Market: Global Industry Analysis and Opportunity Assessment, 2016–2026,” draws upon various research methodologies to study the segmental performance of the cocoa market at a global level and also across the various regions assessed. According to Future Market Insights food and beverage analysts, leading cocoa market players are focussing on developing organic products that provide various health benefits in order to cater to the growing number of health conscious consumers in the global cocoa market. After a detailed study of the global cocoa market, our analysts have arrived at a conclusion that market companies are also striving to enhance their production capacity and are investing in structured R&D innovation to offer products that are healthy and also come in different flavours. Manufacturers are also innovating in terms of packaging to leverage opportunities arising from all consumer segments. According to the report, the market concentration of key players in the global cocoa supply chain is increasing continuously, both at the vertical as well as at the horizontal levels. Also, many cocoa and chocolate companies are entering into mergers and acquisitions in order to increase their market share across geographies.

Independent analysis of key market dynamics

Our analysts have covered seven regions across the world to obtain a clear picture of the global cocoa market size and to analyse its attractiveness. The analysts have further discussed the key regional trends contributing to the development of the cocoa market globally and have also analysed the various drivers influencing the market in the regions assessed. In the report on the global cocoa market, our analysts have presented an unprejudiced analysis of the chief drivers, challenges, and trends likely to impact the growth and performance of the global cocoa market over the forecast period. We have also studied the market performance of some of the top companies dominating the global cocoa market. We have profiled a few of the leading market players and presented a detailed analysis of their overall business performance and a comprehensive evaluation of their short-term and long-term business and go-to-market strategies. Through this report, we intend to provide report audiences with a dashboard view of the competitive landscape of the global cocoa market.

Global cocoa market segmentation

The subsequent sections analyse the global cocoa market based on nature (organic), nature (conventional) and by region, and present a forecast for the period 2016–2026. The market is segmented as follows:

A unique research methodology

We have not considered yearly change in inflation rate while forecasting market numbers. The product-wise weighted Average Selling Price (ASP) has been considered to deduce market values. Our analysts have used a top-down approach to assess market numbers for each product category and a bottom-up approach to counter-validate the reached market numbers. Macroeconomic indicators such as food industry outlook, spending on healthy food, Gross Domestic Product and others have been considered to arrive at the estimated market numbers. We have done in-depth secondary research to ascertain overall market size, top industry players, and top products. In order to conduct expert and industry interviews, Future Market Insights has formulated a detailed discussion guide, based on which our analysts have conducted personal interviews with industry experts, industry players and distributors in the global cocoa market.

Market analysis based on key growth parameters

Given the ever-fluctuating nature of the global economy, we have not only conducted our forecasts in terms of CAGR but have also analysed the global cocoa market on the basis of key parameters such as Year-on-Year (Y-o-Y) growth to understand the predictability of the market and to identify the right opportunities likely to emerge in the global cocoa market. Another key feature of this report is the analysis of the cocoa market by region, nature (organic), nature (conventional) and the corresponding revenue forecast in terms of absolute dollar opportunity. This is usually overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales perspective in the global cocoa market. Further, to understand key market segments in terms of their growth and performance in the global cocoa market, Future Market Insights has developed a unique market attractiveness index to help providers identify real market opportunities.