Cocoa Market Analysis, Industrial Forecast and Trends from 2017 to 2024

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Cocoa Market- Present Scenario and Growth
Prospects Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
Low Power Wide Area Network
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Regional Analysis of Cocoa Market

• Europe is leading global cocoa market owing to
  high consumption rates in the region. Growth in
  dark chocolate demand concerned with health
  benefits for sugar free products available for
  diabetics patients as well as people facing
  overweight issues are also driving market growth
  at large. High availability of organic products
  is becoming prevalent in Europe, which, in turn,
  will boost the cocoa market demand in future.
• North America is likely to observe considerable
  growth in cocoa market owing to high branding and
  promotional capability in current food industry.
  Asia Pacific region is also showing potential in
  terms of high product demand owing to increased
  availability of chocolate bakeries
  confectionaries, especially in smaller cities and
  rural areas, increasing distribution of low
  priced chocolate products. In addition, rise in
  disposable income and increase in living
  standards are major factors for cocoa market
  demand in the region.

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Application Analysis of Cocoa Market

• Cocoa market share is mainly governed by its use
  in chocolate. Some of the most popular food items
  where it is used are sweet chocolate, milk
  chocolate, drinking chocolate, baking chocolate
  and dark chocolate. Favorable features of cocoa
  butter offer a melt in the mouth feeling and ease
  in removal of chocolates from molds. Chocolates
  covers the unpleasant taste of medicines and
  encourages its usages in drug production. In
  addition, its product contains high flavonoid
  concentration owing to which they are well known
  to be highly beneficial for patients with
  cardiovascular problems. Flavonoids are known for
  their role as antioxidants and offers protection
  from free radicals attack on cells. It further
  lowers blood pressure and reduce unwanted
  cholesterol.

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Competitive Market Share of Cocoa Market

• Global cocoa market observes frequent product
  innovations by several market players to increase
  their market share. Some of the key market
  players include Barry Callebaut, Cargill, Archer
  Daniels Midland, Olam and Blommer Chocolate
  Company. Other prominent players in this market
  are CEMOI, The Hershey, Daarnhouwer, Puratos,
  Mars Incorporated, Newtown Foods and Meiji
  Holdings.
• In March 2016, Barry Callebaut Group opened its
  first product powder plant in Switzerland to
  enter in product based beverage product market in
  Europe. In July 2016, Cargill Incorporated
  introduced product powder with strong odor and
  dark red color in its products in Indonesia for
  various applications in drinks, ice creams and
  desserts.

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