Cacao Beans Market to expand at a CAGR of 7% by 2019 - 2029

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Cacao Beans Market

• February 2020

Report Id REP-GB-11089 Published On
Feb-2020 Category Food and Beverages
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Cacao Beans Market Analysis

• Cacao Beans Market Estimated to Expand at a
  Double-Digit CAGR 7 through 2019 - 2029
• VALLEY COTTAGE -- Valued at US 10 Bn in
  2019, cacao beans market will grow at a robust
  CAGR during the forecast period (2019 2029).
  Increasing demand for organic ingredients in
  modern households and foodservice companies
  present an emerging source of continuous
  revenues. According to a new study by Future
  Market Insights (FMI), sales of cacao beans have
  surpassed traditional offline channels,
  witnessing a measurable uptick via online
  channels.
• Key Research Findings of FMIs Cacao Beans Market
  Study
• Owing to high availability, forastero cacao beans
  will maintain share-wide dominance.
• On the back of rarity, criollo beans will
  register significant sales growth during the
  forecast period.
• Foodservice industry will generate highest demand
  for cacao beans.
• Europe continues to lead the market, with over
  47 revenue share.

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Cacao Beans Market Analysis

• Key Growth Drivers Cacao Beans Market
• Heightening demand from the foodservice sector is
  driving market growth.
• Expanding health-conscious consumer population
  assists the growth of market.
• String presence of leading cacao grinders and
  processors in Netherlands, Germany, Belgium,
  France, and UK will drive growth in the European
  Union.
• Increasing application in bakery confectionary
  will bolster demand through the end of 2029.
• Key Impediments Cacao Beans Market
• Low yield of criollo beans continues to pose a
  restraint for cacao beans market.
• Growing interest in artificial cacao flavor
  production in lab is challenging traditional
  manufacturers in the market.

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Cacao Beans Market Analysis

• Competitive Analysis Cacao Beans Market
• Market players are consolidating the cacao supply
  chain through mergers and acquisitions. For
  instance, Barry Callebaut acquired Russian
  chocolate producer Inforum in February, 2019. Few
  prominent producers in the cacao beans market are
  Cargill Inc., Theobroma B.V., Olam International
  Limited, Ciranda Inc., Edna Group, Barry
  Callebaut AG, Dutch Cocoa B.V., Kakao Berlin,
  Niche Cocoa Industry Ltd., PT. Danora Agro Prima,
  Nederland SA, Cocoa Processing Company, India
  Cocoa Pvt Ltd., United Cocoa Processors Inc., BT
  Cocoa among others.
• Press-release Source - https//www.globenewswire.c
  om/news-release/2020/03/03/1994405/0/en/Cacao-Bean
  s-Market-Surpassed-US-10-Bn-Mark-in-2019-Increasin
  g-Preference-for-Organic-Ingredients-to-Favor-Grow
  th-Says-Future-Market-Insights.html

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Cacao Beans Market Analysis

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  syndicated research reports, custom research
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  intelligence, statistical anecdotes, technology
  inputs, valuable growth insights and an aerial
  view of the competitive framework and future
  market trends.

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Cacao Beans Market Analysis

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