Market Overview:
The global organic cocoa market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for organic food products, increasing awareness about the benefits of consuming organic cocoa, and growing inclination of consumers towards healthy and nutritious food products. Based on type, the global organic cocoa market is segmented into cocoa liquor, cocoa powder, and cocoa butter. Cocoa liquor dominates the global market with a share of more than 60%. This can be attributed to its high demand in confectionery applications across different regions. Cocoa powder is also expected to witness significant growth during the forecast period owing to its increasing use in bakery items and other processed foods. On basis of application, confectionery accounts for majority share in terms of revenue generated from sales of organic cocoas followed by food & beverage industry globally. However, with rising awareness about health benefits associated with consumption if organic cocoas among consumers across different regions; there is an increase inclination towards using it as an ingredient in various types if foods such as breakfast cereals & bars, ice creams & desserts etc.
Product Definition:
Organic cocoa is a type of cocoa that is made from organic farming practices. Organic farming practices are those that use no synthetic fertilizers, pesticides or herbicides.
Cocoa Liquor:
Cocoa liquor is the by-product obtained during the processes of cocoa butter extraction and cocoa powder processing. It is a dark brown liquid with an aroma similar to chocolate. The primary components in Cocoa Liquor are flavonoids, sugar, and caffeine.
Cocoa Powder:
Cocoa powder is the unsweetened cocoa powder, which is derived from the cocoa beans. It has a high content of flavonoids and polyphenols that help in reducing blood pressure, improving heart health and preventing diabetes & cancers. The regular consumption of this product helps in boosting metabolism along with keeping the sugar levels under control.
Application Insights:
The global organic chocolate market was valued at USD 1.96 billion in 2017 and is expected to witness a CAGR of XX% from 2018 to 2030, on account of the rising demand for dark and premium chocolates across the globe. Organic chocolate bars form an essential ingredient in several confectionery products such as truffles, cakes, pastries along with beverages such as hot cocoa and coffee drinks that are consumed during the Christmas period around the world.
Food & beverage emerged as the second-largest application segment accounting for over 30% of total revenue share in 2017 owing to high product usage in various functional foods including bakery products like cookies along with non-alcoholic beverages like smoothies and juices among others. The growth of this segment can be attributed to growing consumer awareness regarding health benefits associated with functional foods coupled with increasing use of natural ingredients by food manufacturers globally.
Regional Analysis:
North America dominated the global market in 2017. The U.S., which is the largest importer of chocolate, is expected to remain a favorable destination for industry participants over the forecast period. Furthermore, growing health concerns among consumers are likely to propel demand for organic cocoa products over the coming years.
Asia Pacific was valued at USD X billion in 2017 and is projected to witness significant growth over the forecast period owing to increasing product consumption in countries such as India and China due to its various health benefits such as anti-aging properties, prevention of heart diseases, etcetera (1). In addition, rising disposable income levels are anticipated boost overall consumer spending on food and beverages thereby supporting industry growth during this timeframe (2).
Growth Factors:
- Increasing demand for organic food products: The global market for organic foods is projected to grow at a CAGR of more than 14% from 2016 to 2021. This growth can be attributed to the increasing awareness among consumers about the benefits of organic foods, such as better nutritional value and fewer toxins.
- Rising disposable income: A growing middle class in developing countries is fueling demand for premium-priced organic cocoa products.
- Growing popularity of dark chocolate: Dark chocolate is gaining popularity due to its health benefits, such as lower blood pressure and improved cholesterol levels. This is driving demand for high-quality cocoa beans used in the production of dark chocolate bars and other products.
- Shift from conventional farming practices: A growing number of farmers are shifting from conventional farming practices to organic farming methods due to the latter’s environmental sustainability and profitability advantages over traditional methods.. 5) Technological advancements in cocoa processing: Recent technological advancements in cocoa processing have led to the development of new types of chocolates with unique flavors and textures, which are attracting consumers worldwide
Scope Of The Report
Report Attributes
Report Details
Report Title
Organic Cocoa Market Research Report
By Type
Cocoa Liquor, Cocoa Powder, Cocoa Butter
By Application
Confectionery, Food and Beverage, Others
By Companies
Barry Callebaut, Olam, Cargill, SunOpta, Blommer, BT Cocoa
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Organic Cocoa Market Report Segments:
The global Organic Cocoa market is segmented on the basis of:
Types
Cocoa Liquor, Cocoa Powder, Cocoa Butter
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
- Olam
- Cargill
- SunOpta
- Blommer
- BT Cocoa
Highlights of The Organic 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 Powder
- Cocoa Butter
- 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 Organic 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
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?
Organic cocoa is cocoa that has been grown without the use of synthetic pesticides, herbicides, or fertilizers.
Some of the key players operating in the organic cocoa market are Barry Callebaut, Olam, Cargill, SunOpta, Blommer, BT Cocoa.
The organic cocoa market is expected to grow at a compound annual growth rate of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Organic 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. Organic Cocoa Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Organic Cocoa Market - Supply Chain
4.5. Global Organic Cocoa Market Forecast
4.5.1. Organic Cocoa Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Organic Cocoa Market Size (000 Units) and Y-o-Y Growth
4.5.3. Organic Cocoa Market Absolute $ Opportunity
5. Global Organic 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. Organic Cocoa Market Size and Volume Forecast by Type
5.3.1. Cocoa Liquor
5.3.2. Cocoa Powder
5.3.3. Cocoa Butter
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Organic 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. Organic 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 Organic 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. Organic 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 Organic 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. Organic 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 Organic Cocoa Demand Share Forecast, 2019-2026
9. North America Organic 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 Organic 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 Organic 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 Organic Cocoa Market Size and Volume Forecast by Type
9.7.1. Cocoa Liquor
9.7.2. Cocoa Powder
9.7.3. Cocoa Butter
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 Organic Cocoa Demand Share Forecast, 2019-2026
10. Latin America Organic 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 Organic 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 Organic 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 Organic Cocoa Market Size and Volume Forecast by Type
10.7.1. Cocoa Liquor
10.7.2. Cocoa Powder
10.7.3. Cocoa Butter
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 Organic Cocoa Demand Share Forecast, 2019-2026
11. Europe Organic 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 Organic 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 Organic 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 Organic Cocoa Market Size and Volume Forecast by Type
11.7.1. Cocoa Liquor
11.7.2. Cocoa Powder
11.7.3. Cocoa Butter
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 Organic Cocoa Demand Share, 2019-2026
12. Asia Pacific Organic 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 Organic 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 Organic 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 Organic Cocoa Market Size and Volume Forecast by Type
12.7.1. Cocoa Liquor
12.7.2. Cocoa Powder
12.7.3. Cocoa Butter
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 Organic Cocoa Demand Share, 2019-2026
13. Middle East & Africa Organic 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 Organic 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 Organic 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 Organic Cocoa Market Size and Volume Forecast by Type
13.7.1. Cocoa Liquor
13.7.2. Cocoa Powder
13.7.3. Cocoa Butter
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 Organic Cocoa Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Organic Cocoa Market: Market Share Analysis
14.2. Organic Cocoa Distributors and Customers
14.3. Organic 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. 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. Cargill
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. COMPANY7
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
