Market Overview:
The global bulk (ordinary) cocoa market is expected to register a CAGR of 5.5% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for cocoa products in the food and beverage industry. In addition, rising awareness about the health benefits of cocoa is also propelling the demand for bulk (ordinary) cocoa products. Based on type, the global bulk (ordinary) cocoa market has been segmented into Cocoa Liquor, Cocoa Butter and Cocoa Powder. Among these segments, Cocoa Liquor held a major share of the global market in 2017 and is projected to maintain its dominance during the forecast period as well. This can be attributed to its high demand from confectionery manufacturers across different regions worldwide. However, among all types of cocoas available in this category; powder form offers better prospects for growth owing to its versatile applications across various industries such as bakery & pastry shops, ice cream parlors etc.
 Cocoa Industry Outlook.svg)
Product Definition:
Bulk cocoa is a type of unsweetened chocolate that is made from cocoa beans that have been roasted and ground. It has a strong, bitter taste and is used to make chocolate bars, cookies, and other desserts.
Cocoa Liquor:
Cocoa liquor is the chief raw material used in bulk (ordinary) cocoa market. It is a by-product obtained during the process of chocolate manufacturing and has been used as an important factor for controlling market prices since early 1900s. The growth of this industry can be attributed to rising demand from emerging economies such as China, India, Brazil and Mexico among others along with growing consumer awareness regarding health benefits associated with it.
Cocoa Butter:
Cocoa butter is the solid, opaque, and sweet part of dry cocoa beans. It has a chocolate flavor and aroma. The taste is mild with a fruity aftertaste. Cocoa butter can be used as an alternative for vegetable oils like coconut oil or any other natural oil that might be hard to replace in your diet since it’s healthier than most others out there.
Application Insights:
The bulk (ordinary) cocoa market is segmented based on application into confectionery, food and beverage, and others. The food and beverage segment dominated the overall industry in 2017 with a share of over 60% in terms of revenue. This high share is attributable to the increasing consumption of chocolate products across the globe as they are considered to be a luxury product with great nutritional properties. Moreover, growing awareness regarding health benefits associated with dark chocolate has been driving its demand from various segments including health supplements & medicines, functional foods/beverages, cosmetics & toiletries among others.
The confectionery segment accounted for around 40% of total industry volume in 2017 owing to increased use of cocoa powder as an ingredient for manufacturing chocolates which are consumed during festivities such as weddings among other occasions where sweets are served along with drinks. Furthermore, rising consumer preference for flavored chocolates due to changing lifestyles has been propelling their demand from various segments including bars/ cafes etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017, accounting for a share of more than 60.0% owing to high product demand from various application industries in countries such as China and India. Furthermore, increasing per capita consumption of chocolate is expected to drive the market over the forecast period. Increasing disposable income levels coupled with changing lifestyles are projected to fuel demand for chocolate across emerging economies including China and India over the coming years.
North America accounted for a significant share due to growing consumer awareness regarding health benefits associated with cocoa products such as improved cardiovascular health, mental alertness, reduced risk of cancer and diabetes among others which have boosted product demand across this region majorly in U.S., Mexico and Canada among other countries throughout this region has been experiencing growth due to rising obesity problems especially amongst children & youth which has led consumers preferring healthier alternatives thus boosting industry growth over this region is expected within next eight years - 2030 .
Growth Factors:
- Increasing demand for chocolate in developing countries due to rising income levels and changing lifestyles.
- Growing popularity of dark chocolate, which requires a higher proportion of cocoa beans.
- Rising demand from the food and beverage industry for use in products such as cakes, biscuits, ice cream and chocolate drinks.
- The increasing use of cocoa powder in bakery items and other processed foods products due to its flavor profile and nutritional benefits.
Scope Of The Report
Report Attributes
Report Details
Report Title
Bulk (Ordinary) Cocoa Market Research Report
By Type
Cocoa Liquor, Cocoa Butter, Cocoa Powder
By Application
Confectionery, Food and Beverage, Others
By Companies
Barry Callebaut, Cargill, Nestle SA, Mars, Hershey, Blommer Chocolate Company, FUJI OIL, Puratos, Cémoi, Irca, Foley's Candies LP, Olam, Kerry Group, Guittard, Ferrero, Ghirardelli, Alpezzi Chocolate, Valrhona, Republica Del Cacao, TCHO
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Bulk (Ordinary) Cocoa Market Report Segments:
The global Bulk (Ordinary) Cocoa market is segmented on the basis of:
Types
Cocoa Liquor, Cocoa Butter, Cocoa Powder
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Confectionery, Food and Beverage, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Barry Callebaut
- Cargill
- Nestle SA
- Mars
- Hershey
- Blommer Chocolate Company
- FUJI OIL
- Puratos
- Cémoi
- Irca
- Foley's Candies LP
- Olam
- Kerry Group
- Guittard
- Ferrero
- Ghirardelli
- Alpezzi Chocolate
- Valrhona
- Republica Del Cacao
- TCHO
 Cocoa Market Overview.svg)
Highlights of The Bulk (Ordinary) Cocoa Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cocoa Liquor
- Cocoa Butter
- Cocoa Powder
- By Application:
- Confectionery
- Food and Beverage
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bulk (Ordinary) Cocoa Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Cocoa Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bulk (ordinary) cocoa is the most common type of cocoa. It's made from ground up cacao beans that have been treated with a alkali to remove the bitter chocolate taste and some of the fat.
Some of the key players operating in the bulk (ordinary) cocoa market are Barry Callebaut, Cargill, Nestle SA, Mars, Hershey, Blommer Chocolate Company, FUJI OIL, Puratos, CƒÂ©moi, Irca, Foley's Candies LP, Olam, Kerry Group, Guittard, Ferrero, Ghirardelli, Alpezzi Chocolate, Valrhona, Republica Del Cacao, TCHO.
The bulk (ordinary) cocoa market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Bulk (Ordinary) Cocoa Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Bulk (Ordinary) Cocoa Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Bulk (Ordinary) Cocoa Market - Supply Chain
4.5. Global Bulk (Ordinary) Cocoa Market Forecast
4.5.1. Bulk (Ordinary) Cocoa Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Bulk (Ordinary) Cocoa Market Size (000 Units) and Y-o-Y Growth
4.5.3. Bulk (Ordinary) Cocoa Market Absolute $ Opportunity
5. Global Bulk (Ordinary) Cocoa Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Bulk (Ordinary) Cocoa Market Size and Volume Forecast by Type
5.3.1. Cocoa Liquor
5.3.2. Cocoa Butter
5.3.3. Cocoa Powder
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Bulk (Ordinary) Cocoa Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Bulk (Ordinary) Cocoa Market Size and Volume Forecast by Application
6.3.1. Confectionery
6.3.2. Food and Beverage
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Bulk (Ordinary) Cocoa Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Bulk (Ordinary) Cocoa Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Bulk (Ordinary) Cocoa Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Bulk (Ordinary) Cocoa Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Bulk (Ordinary) Cocoa Demand Share Forecast, 2019-2026
9. North America Bulk (Ordinary) Cocoa Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Bulk (Ordinary) Cocoa Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Bulk (Ordinary) Cocoa Market Size and Volume Forecast by Application
9.4.1. Confectionery
9.4.2. Food and Beverage
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Bulk (Ordinary) Cocoa Market Size and Volume Forecast by Type
9.7.1. Cocoa Liquor
9.7.2. Cocoa Butter
9.7.3. Cocoa Powder
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Bulk (Ordinary) Cocoa Demand Share Forecast, 2019-2026
10. Latin America Bulk (Ordinary) Cocoa Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Bulk (Ordinary) Cocoa Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Bulk (Ordinary) Cocoa Market Size and Volume Forecast by Application
10.4.1. Confectionery
10.4.2. Food and Beverage
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Bulk (Ordinary) Cocoa Market Size and Volume Forecast by Type
10.7.1. Cocoa Liquor
10.7.2. Cocoa Butter
10.7.3. Cocoa Powder
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Bulk (Ordinary) Cocoa Demand Share Forecast, 2019-2026
11. Europe Bulk (Ordinary) Cocoa Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Bulk (Ordinary) Cocoa Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Bulk (Ordinary) Cocoa Market Size and Volume Forecast by Application
11.4.1. Confectionery
11.4.2. Food and Beverage
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Bulk (Ordinary) Cocoa Market Size and Volume Forecast by Type
11.7.1. Cocoa Liquor
11.7.2. Cocoa Butter
11.7.3. Cocoa Powder
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Bulk (Ordinary) Cocoa Demand Share, 2019-2026
12. Asia Pacific Bulk (Ordinary) Cocoa Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Bulk (Ordinary) Cocoa Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Bulk (Ordinary) Cocoa Market Size and Volume Forecast by Application
12.4.1. Confectionery
12.4.2. Food and Beverage
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Bulk (Ordinary) Cocoa Market Size and Volume Forecast by Type
12.7.1. Cocoa Liquor
12.7.2. Cocoa Butter
12.7.3. Cocoa Powder
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Bulk (Ordinary) Cocoa Demand Share, 2019-2026
13. Middle East & Africa Bulk (Ordinary) Cocoa Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Bulk (Ordinary) Cocoa Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Bulk (Ordinary) Cocoa Market Size and Volume Forecast by Application
13.4.1. Confectionery
13.4.2. Food and Beverage
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Bulk (Ordinary) Cocoa Market Size and Volume Forecast by Type
13.7.1. Cocoa Liquor
13.7.2. Cocoa Butter
13.7.3. Cocoa Powder
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Bulk (Ordinary) Cocoa Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Bulk (Ordinary) Cocoa Market: Market Share Analysis
14.2. Bulk (Ordinary) Cocoa Distributors and Customers
14.3. Bulk (Ordinary) Cocoa Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Barry Callebaut
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Cargill
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Nestle SA
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Mars
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hershey
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Blommer Chocolate Company
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. FUJI OIL
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Puratos
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Cémoi
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Irca
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Foley's Candies LP
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Olam
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Kerry Group
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Guittard
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Ferrero
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Ghirardelli
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Alpezzi Chocolate
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Valrhona
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Republica Del Cacao
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. TCHO
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
