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Global Cocoa Beans Market is valued approximately at USD 10.66 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 7.4% over the forecast period 2020-2027. Rapidly rising chocolate industries in emerging economies, including China and India, are expected to fuel demand for cocoa beans as intermediates. According to Statista, the average per capita consumption stands at 4.3 kg in 2020 in China. The increasing importance of coating for improved flavoring in the processing of vegetables, fruit and cereals is projected to further increase the demand for products. The product is used in industries such as functional food & beverage, confectionery, pharmaceuticals and cosmetics, taking into account its health benefits, including fatigue syndrome regulation, excellent antioxidant properties and reducing the impact of hypertension.
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Global Cocoa Beans Market Size study, By Application, By Product, By Distribution Channel and Regional Forecasts 2020-2027 Bharat Book Bureau Provides the Trending Market Research Report on “Global Cocoa Beans Market Size study, By Application (Cosmetics, Confectionery, Pharmaceuticals, Functional Food & Beverage), By Product (Butter, Powder, Liquor), By Distribution Channel (Online, Offline), and Regional Forecasts 2020-2027”under Food Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports. Global Cocoa Beans Market is valued approximately at USD 10.66 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 7.4% over the forecast period 2020-2027. Rapidly rising chocolate industries in emerging economies, including China and India, are expected to fuel demand for cocoa beans as intermediates. According to Statista, the average per capita consumption stands at 4.3 kg in 2020 in China. The increasing importance of coating for improved flavoring in the processing of vegetables, fruit and cereals is projected to further increase the demand for products. The product is used in industries such as functional food & beverage, confectionery, pharmaceuticals and cosmetics, taking into account its health benefits, including fatigue syndrome regulation, excellent antioxidant properties and reducing the impact of hypertension. There has been an increasing demand for chocolate variants, such as chocolate milk, brownies and dark chocolate, all over the globe. Growing consumer appetite for fine and craft chocolate in line with improved spending capacity is a sign that craft chocolate will have the same consumer interest as other innovative food products such as craft beer and craft cheese. As high quality is the main concern of today's consumers, bean-to-bar
chocolate manufacturers are inclined to show the purity of beans that weigh on the same scale as the growing demand for cocoa beans. Because of its disease-resistant and high-yielding nature, the Forastero type of cocoa beans is used in most of the world's chocolate production, accounting for more than 80% of its share. Forastero remains highly preferred by chocolate manufacturers over Criollo and Trinitario. High acceptance of chocolate in the F&B sector as a key flavour to create variation in product offerings will continue to catalyse the overall growth of the cocoa beans market. Request a free sample copy Cocoa Beans Market Report @ https://www.bharatbook.com/marketreports/sample/reports/2258909 The regional analysis of global Cocoa Beans Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the industry in 2019. Rising demand from the U.S. and Canada confectionery, cosmetics, and pharmaceutical sectors is expected to remain a favourable factor. In addition, urbanisation and rising disposable income levels in Mexico are expected to open new avenues over the next eight years. Asia Pacific is expected to see the fastest growth in the CAGR from 2019 to 2027. Prominent markets in this region include China and India. Growing target population base coupled with increased health awareness and a shift in consumer preferences is expected to have a positive impact on the regional market. Major market player included in this report are: The Hershey Company Cargill Incorporated The Barry Callebaut Group Nestle S.A. Meiji Holdings Company Jindal Cocoa United Cocoa Processor Cemoi Blommer Chocolate Company Puratos Group The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of
the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below: By Product: Butter Powder Liquor By Distribution Channel: Online Offline By Application: Confectionery Functional Food & Beverage Pharmaceuticals Cosmetics By Region: North America U.S. Canada Europe UK Germany France Spain Italy ROE Asia Pacific China India Japan Australia South Korea RoAPAC Latin America Brazil Mexico Rest of the World
Furthermore, years considered for the study are as follows: Historical year – 2017, 2018 Base year – 2019 Forecast period – 2020 to 2027 Target Audience of the Global Cocoa Beans Market in Market Study: Key Consulting Companies & Advisors Large, medium-sized, and small enterprises Venture capitalist Value-Added Resellers (VARs) Third-party knowledge providers Investment bankers Investors Browse our full report with Table of Content : https://www.bharatbook.com/marketreports/global-cocoa-beans-market-size-stu dy-by-application-by-product-by-distribution-channel-and-regional-forecasts-2020- 20/2258909 About Bharat Book Bureau: Bharat Book is Your One-Stop-Shop with an exhaustive coverage of 15,00,000 reports and insights that includes latest Market Study, Market Trends & Analysis, Forecasts Customized Intelligence, Newsletters and Online Databases. Overall a comprehensive coverage of major industries with a further segmentation of 100+ subsectors. Contact us at: Bharat Book Bureau Tel: +91 22 27810772 / 27810773 Email: poonam@bharatbook.com Website: www.bharatbook.com cocoa beans market, cocoa beans market report, cocoa beans market research report, cocoa beans market forecast, cocoa beans market outlook, cocoa beans market trends, cocoa beans market by product, cocoa beans market by region, cocoa beans market study, cocoa beans market size, cocoa beans market type , cocoa beans market share, cocoa beans market analysis, cocoa beans market value, cocoa beans market application, cocoa beans market growth