Growing Popularity of Dark Chocolates to Bolster Global Cocoa Powder Market

Published On : 28 Nov 2016 has recently added a market research study to its comprehensive collection of research reports. The 118-page research report, titled “Global Cocoa Powder Market Professional Survey Report 2016,” provides an in-depth analysis, presenting insights into the latest trends, product portfolio, and the promising opportunities in the market. Additionally, the key drivers, barriers, challenges, and key geographical segments in the market have been discussed at length. A thorough analysis of the competitive landscape has also been included in the scope of the report.

The remarkably rising demand for chocolates and the wide scope for use of cocoa powder worldwide are some of the key factors encouraging the growth of the global cocoa powder market. In addition, the growing investments in cocoa production and the demand for origin-specific cocoa powder are anticipated to fuel the overall market in the coming years. On the other hand, the fluctuating cost of cocoa seeds and adverse weather conditions are hampering the growth of the market. Nonetheless, the increasing demand for dark chocolates and the rising popularity of fair trade-certified cocoa products are likely to generate promising opportunities for leading players in the market.

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On the basis of application, the global cocoa powder market has been classified into beverage, chocolate, and desserts. The segmentation provided in the research study helps readers in identifying the key lucrative areas for investments. The global cocoa powder market is, however, expected to witness negative growth to a certain degree with the rising cases of diabetes across the globe. 

The global cocoa powder market has been classified on the basis of geography into North America, Europe, China, Southeast Asia, India, and Japan. Among these regions, Europe is anticipated to lead the global cocoa powder market throughout the forecast period, thanks to the tremendously rising demand for chocolates. In addition, the growing awareness among consumers regarding the benefits of eating dark chocolate is expected to drive the demand for cocoa powder in the next few years. The growing popularity of chocolates and related products in developing countries is estimated to augment the cocoa powder market in India and Southeast Asia.

Some of the key players operating in the global cocoa powder market are Blommer, Barry Callebaut, Plot Ghana, Indcresa, JB Foods Limited, Cargill, ADM, Cocoa Processing Company Limited, Dutch Cocoa, and Bunge. To offer an in-depth analysis of the competitive environment, the research study has discussed profiles of the leading players in the market. The product segmentation, financial overview, business policies, recent developments, and SWOT analysis of the key players have been included in the scope of the study.

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