Market Overview:
The global cacao market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for chocolate and other cocoa-based products, rising awareness about the health benefits of cocoa, and growing population in developing countries. The global cacao market can be segmented on the basis of type into particles and powder. The powder segment is expected to grow at a higher CAGR than the particles segment during the forecast period owing to its high demand in food applications such as bakery items, desserts, ice creams, etc. On the basis of application, the global cacao market can be divided into business applications, family applications, and other applications. Business applications are further sub-segmented into foodservice industry and retail industry segments. Family applications are further sub-segmented into home baking and confectionery products segments. Other application includes pharmaceuticals & nutraceuticals sector among others . Among all these application segments ,the family application segment is projected to witness highest growth rate during forecast period . This can be attributed rise in trend of home baking across globe coupled with increasing disposable income levels in emerging economies . Regionally , North America dominates global cacao market followed by Europe due high consumption rates for chocolates & confectioneries products in these regions .
Product Definition:
Cacao is the dried and fermented seed of Theobroma cacao, from which cocoa powder and chocolate are made.
Particles:
Particles is a technology that helps in increasing the shelf life of chocolate by controlling and stabilizing the moisture content. It's major use is to prevent cocoa butter from turning into solid form which would then affect the taste and flavor of end product. The particles are made up of organic acids, proteins, polysaccharides & minerals which help in enhancing flavor retention for a longer time span.
Powder:
Cacao is the seed of the fruit bearing trees known as Theobroma and Cacoa. These fruits are native to South America, Mesoamerica and parts of Africa. Theobroma has a high content of fat, sugar and protein while Cacoa contains caffeine & iron which makes it an attractive raw material for food & beverage industry.
Application Insights:
The business application segment accounted for the largest cacao market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to growing demand for chocolate products from various end-use industries including food & beverage, pharmaceuticals, cosmetics and nutraceuticals among others. Growing popularity of dark chocolate across all age groups has been driving industry expansion over the past few years.
Chocolate manufacturers are increasingly focusing on product innovation with respect to flavor as well as texture modification in order to cater varied consumer requirements while maintaining their position in the industry rankings table. This trend is expected to continue through 2018-19 considering changing consumer dynamics towards different flavors of chocolate bars across regions coupled with increasing focus on nutrition content within each bar type will drive overall consumption trends over next few years (as far as business consumption goes).
Regional Analysis:
North America accounted for the largest share of more than 35.0% in 2017. The U.S., which is the largest cacao-producing country, has a well-established chocolate industry and hence, dominates the North American market. Furthermore, growing health awareness among consumers is expected to have a positive impact on product demand over the forecast period.
Asia Pacific was valued at USD X million in 2017 and is anticipated to witness significant growth over the forecast period owing to increasing consumption of chocolate products coupled with rising disposable income levels in emerging economies including China and India. Moreover, changing consumer preferences towards high energy chocolates along with increased spending power are likely to boost regional market growth during the forecast period from 2018 to 2030 (calendar year).
Growth Factors:
- Increasing demand for chocolate and other cacao-based products from emerging markets, especially in Asia.
- Rising consumer awareness of the health benefits of cacao and dark chocolate.
- Innovation in product formulation by chocolate manufacturers to create new flavors and varieties that appeal to consumers' taste preferences.
- Growing popularity of artisanal chocolates made with high-quality, single-origin cacao beans.
- Expansion of the retail sector into new geographic markets, providing greater access to premium chocolates for consumers worldwide
Scope Of The Report
Report Attributes
Report Details
Report Title
Cacao Market Research Report
By Type
Particles, Powder
By Application
Business, Family, Other
By Companies
Archer Daniels Midland, Barry Callebaut, Blommer Chocolate, Cargill, Cocoa Processing, Olam, CEMOI, Daarnhouwer, Dutch Cocoa, Newtown Foods, Puratos, The Hershey, United Cocoa Processor
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Cacao Market Report Segments:
The global Cacao market is segmented on the basis of:
Types
Particles, 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
Business, Family, Other
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:
- Archer Daniels Midland
- Barry Callebaut
- Blommer Chocolate
- Cargill
- Cocoa Processing
- Olam
- CEMOI
- Daarnhouwer
- Dutch Cocoa
- Newtown Foods
- Puratos
- The Hershey
- United Cocoa Processor
Highlights of The Cacao 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:
- Particles
- Powder
- By Application:
- Business
- Family
- Other
- 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 Cacao 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
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?
Cacao is the dried fruit of the cacao tree. The cacao bean is the seed from which chocolate is made.
Some of the key players operating in the cacao market are Archer Daniels Midland, Barry Callebaut, Blommer Chocolate, Cargill, Cocoa Processing, Olam, CEMOI, Daarnhouwer, Dutch Cocoa, Newtown Foods, Puratos, The Hershey, United Cocoa Processor.
The cacao 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. Cacao 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. Cacao Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Cacao Market - Supply Chain
4.5. Global Cacao Market Forecast
4.5.1. Cacao Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Cacao Market Size (000 Units) and Y-o-Y Growth
4.5.3. Cacao Market Absolute $ Opportunity
5. Global Cacao 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. Cacao Market Size and Volume Forecast by Type
5.3.1. Particles
5.3.2. Powder
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Cacao 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. Cacao Market Size and Volume Forecast by Application
6.3.1. Business
6.3.2. Family
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Cacao 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. Cacao 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 Cacao 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. Cacao 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 Cacao Demand Share Forecast, 2019-2026
9. North America Cacao 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 Cacao 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 Cacao Market Size and Volume Forecast by Application
9.4.1. Business
9.4.2. Family
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Cacao Market Size and Volume Forecast by Type
9.7.1. Particles
9.7.2. 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 Cacao Demand Share Forecast, 2019-2026
10. Latin America Cacao 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 Cacao 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 Cacao Market Size and Volume Forecast by Application
10.4.1. Business
10.4.2. Family
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Cacao Market Size and Volume Forecast by Type
10.7.1. Particles
10.7.2. 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 Cacao Demand Share Forecast, 2019-2026
11. Europe Cacao 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 Cacao 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 Cacao Market Size and Volume Forecast by Application
11.4.1. Business
11.4.2. Family
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Cacao Market Size and Volume Forecast by Type
11.7.1. Particles
11.7.2. 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 Saes Channel
11.11. Europe Cacao Demand Share, 2019-2026
12. Asia Pacific Cacao 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 Cacao 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 Cacao Market Size and Volume Forecast by Application
12.4.1. Business
12.4.2. Family
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Cacao Market Size and Volume Forecast by Type
12.7.1. Particles
12.7.2. 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 Cacao Demand Share, 2019-2026
13. Middle East & Africa Cacao 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 Cacao 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 Cacao Market Size and Volume Forecast by Application
13.4.1. Business
13.4.2. Family
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Cacao Market Size and Volume Forecast by Type
13.7.1. Particles
13.7.2. 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 Cacao Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Cacao Market: Market Share Analysis
14.2. Cacao Distributors and Customers
14.3. Cacao Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Archer Daniels Midland
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Barry Callebaut
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Blommer Chocolate
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Cargill
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Cocoa Processing
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Olam
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. CEMOI
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Daarnhouwer
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Dutch Cocoa
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Newtown Foods
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Puratos
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. The Hershey
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. United Cocoa Processor
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
