Market Overview:
The global cocoa liquor market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The high cocoa content segment is expected to dominate the market in terms of value and volume during the forecast period. This can be attributed to the increasing demand for premium chocolates and chocolate-based products, which use high-quality cocoa liquor as a key ingredient. The food and beverage segment is also projected to witness significant growth during the forecast period, owing to rising demand for chocolate-flavored beverages and snacks across regions.
Product Definition:
Cocoa liquor is the paste made from cocoa beans roasted and ground. It is used to make chocolate.
High Cocoa Content:
Cocoa content is the percentage of cocoa in a product. It helps to identify the quality of chocolate and its usage in liquor making. High cocoa content products are used for premium liquor production, whereas low or medium coco contents are suitable for mass market liquors such as whiskey, gin etc.
Low Cocoa Content:
Cocoa Liquor is a traditional drink of chocolate producing countries. It is prepared by fermenting cocoa beans in water with the help of an artificial sweetener known as sugar. The fermentation process produces two types of liquor, namely dark liquor and light liquor.
Application Insights:
The global cocoa liquor market has been segmented into three categories, namely confectionery, food and beverage, and others. The food and beverage application dominated the overall industry in 2017 with a share of over 80%. This is attributed to growing demand for chocolate products across the globe. Furthermore Cocoa Liquor helps maintain the freshness of bakery products as well as prevents them from becoming stale. Thus it is highly preferred in several bakery product manufacturers around the world.
Regional Analysis:
North America dominated the global market in 2017. The U.S., which is the largest cocoa-producing country, holds a significant share of the North American market owing to high demand for chocolate and confectionery products. Asia Pacific is expected to be one of the fastest-growing regional markets from 2018 to 2030 due to increasing product consumption in countries such as China, Japan, India and Australia among others. Furthermore, rising awareness regarding health benefits associated with cocoa liquor will drive demand further over the forecast period.
Latin America also held a considerable volume share in 2017 owing to growing product popularity across this region due to its nutritional value along with being an important source of antioxidants called flavonoids that are beneficial for human health and well-being (Rio et al., 2016). Brazil was one of largest consumers in Latin America as it produces more than half of world’s cocoa beans by itself (The World Bank Group 2015).
Growth Factors:
- Increasing demand for dark chocolate: The growing demand for dark chocolate is one of the key growth drivers for the cocoa liquor market. Dark chocolate contains a high percentage of cocoa solids, which makes it healthier than other types of chocolate. This has led to an increase in its demand over the past few years, thereby driving the growth of the cocoa liquor market.
- Rising awareness about health benefits of cocoa: There is a growing awareness among consumers about the health benefits offered by cocoa products such as improved cardiovascular health and cognitive function. This is leading to an increase in their demand, thereby propelling the growth of the global cocoa liquor market.
- Growing popularity of artisanal chocolates: The increasing popularity of artisanal chocolates is another major factor that is aiding in boosting sales volumes for global players operating in this space . Artisanal chocolates are made with high-quality ingredients and offer unique flavor profiles, which has resulted in their increasing acceptance among consumers across different regions worldwide . This is likely to create lucrative opportunities for players operating in this segment and fuel expansion within th e global coco a liqu or ma rket ov er th e co ming yea rs .
Scope Of The Report
Report Attributes
Report Details
Report Title
Cocoa Liquor Market Research Report
By Type
High Cocoa Content, Low Cocoa Content,
By Application
Confectionery, Food and Beverage, Others,
By Companies
Cargill, Olam, Barry Callebaut, SunOpta, Blommer, BT Cocoa, Ciranda
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Cocoa Liquor Market Report Segments:
The global Cocoa Liquor market is segmented on the basis of:
Types
High Cocoa Content, Low Cocoa Content,
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:
- Cargill
- Olam
- Barry Callebaut
- SunOpta
- Blommer
- BT Cocoa
- Ciranda
Highlights of The Cocoa Liquor 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:
- High Cocoa Content
- Low Cocoa Content
- 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 Cocoa Liquor 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?
Cocoa liquor is a type of alcoholic beverage made from cocoa beans. It is usually made from dark chocolate and has a higher alcohol content than other types of liquor.
Some of the key players operating in the cocoa liquor market are Cargill, Olam, Barry Callebaut, SunOpta, Blommer, BT Cocoa, Ciranda.
The cocoa liquor 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. Cocoa Liquor 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. Cocoa Liquor Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Cocoa Liquor Market - Supply Chain
4.5. Global Cocoa Liquor Market Forecast
4.5.1. Cocoa Liquor Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Cocoa Liquor Market Size (000 Units) and Y-o-Y Growth
4.5.3. Cocoa Liquor Market Absolute $ Opportunity
5. Global Cocoa Liquor 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. Cocoa Liquor Market Size and Volume Forecast by Type
5.3.1. High Cocoa Content
5.3.2. Low Cocoa Content
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Cocoa Liquor 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. Cocoa Liquor 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 Cocoa Liquor 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. Cocoa Liquor 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 Cocoa Liquor 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. Cocoa Liquor 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 Cocoa Liquor Demand Share Forecast, 2019-2026
9. North America Cocoa Liquor 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 Cocoa Liquor 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 Cocoa Liquor 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 Cocoa Liquor Market Size and Volume Forecast by Type
9.7.1. High Cocoa Content
9.7.2. Low Cocoa Content
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 Cocoa Liquor Demand Share Forecast, 2019-2026
10. Latin America Cocoa Liquor 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 Cocoa Liquor 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 Cocoa Liquor 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 Cocoa Liquor Market Size and Volume Forecast by Type
10.7.1. High Cocoa Content
10.7.2. Low Cocoa Content
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 Cocoa Liquor Demand Share Forecast, 2019-2026
11. Europe Cocoa Liquor 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 Cocoa Liquor 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 Cocoa Liquor 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 Cocoa Liquor Market Size and Volume Forecast by Type
11.7.1. High Cocoa Content
11.7.2. Low Cocoa Content
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potentia 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 Cocoa Liquor Demand Share, 2019-2026
12. Asia Pacific Cocoa Liquor 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 Cocoa Liquor 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 Cocoa Liquor 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 Cocoa Liquor Market Size and Volume Forecast by Type
12.7.1. High Cocoa Content
12.7.2. Low Cocoa Content
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 Cocoa Liquor Demand Share, 2019-2026
13. Middle East & Africa Cocoa Liquor 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 Cocoa Liquor 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 Cocoa Liquor 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 Cocoa Liquor Market Size and Volume Forecast by Type
13.7.1. High Cocoa Content
13.7.2. Low Cocoa Content
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 Cocoa Liquor Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Cocoa Liquor Market: Market Share Analysis
14.2. Cocoa Liquor Distributors and Customers
14.3. Cocoa Liquor Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Cargill
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Olam
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Barry Callebaut
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. SunOpta
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Blommer
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. BT Cocoa
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Ciranda
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
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
