Cocoa bean Market Present Scenario and the Growth Prospects with Forecast 2024 - PowerPoint PPT Presentation

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Cocoa bean Market Present Scenario and the Growth Prospects with Forecast 2024

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Cocoa is the chief raw material for making chocolate production and has no other substitute. It can only be grown within 10 degrees (latitudes) of the equator. Because of this restriction, global production of cocoa is extremely concerted in West African nations like Ghana, Cameroon, and Nigeria. Cocoa beans are a rich source of antioxidants. There is an inverse association between the consumption of cocoa and the risk of cardiovascular diseases. Download a sample copy of report @ – PowerPoint PPT presentation

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Title: Cocoa bean Market Present Scenario and the Growth Prospects with Forecast 2024


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Cocoa Beans Market Report, By Source, Type,
Application, Product and Geography- Global
Market Share, Trend Analysis and Forecast Up To
2024
Email sales_at_axiommrc.com
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Description Cocoa bean is a seed of a tropical
tree called Cacao that is used primarily in
the production of chocolate, cocoa, cocoa butter
and many other food consumables. Cocoa beans are
a rich source of antioxidants. There is an
inverse association between the consumption of
cocoa and the risk of cardiovascular diseases.
Also, the consumption also improves endothelial
function, insulin sensitivity, and vascular
function. Furthermore, the consumption of cocoa
also helps in attenuation of platelet reactivity
and reduces blood pressure. The major countries
exporting cocoa beans include Ivory Coast,
Ghana, Nigeria, Cameroon, Brazil, Ecuador,
Colombia, Indonesia and Malaysia among
others. Download a sample copy of report _at_
https//axiommrc.com/request-for-sample/?report14
14 Trends, driving factors and restraints of
the global cocoa beans market The key factor of
driving growth of the global cocoa beans market
is the rising demand for Criollo product type
from the chocolate industry. In addition, the
market has also been witnessing high demand from
the cosmetic and food industry which is further
increasing the demand for cocoa beans in the
global marketplace. Chocolates are the major
product that utilize cocoa bean in their
manufacturing and since, the demand for
chocolates is rising at a prolific rate this
demand is also driving the global cocoa market.
Furthermore, the global cocoa beans market is
also gaining from high demand for cocoa butter
and cocoa powder which are utilized in a wide
array of applications. On the contrary, low
penetration of the modern farming techniques and
lack of farm management skills in the key
producing region i.e. Africa is hindering the
production of cocoa beans.
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Get more details about this report _at_ Click
Here The global cocoa beans market is segmented
based on type, application, product and
geography. Based on types, the global cocoa beans
market Criollo, Trinitario, and Forastero. Based
on applications, the global cocoa beans market
has been segmented into chocolate, food
beverage, pharmaceuticals, and cosmetics. The
other various products of the cocoa beans are
cocoa butter, cocoa powder, cocoa beverages,
cocoa cosmetic products, and others. Chocolates
segment is further expected to remain dominant in
the near future expanding at a CAGR of 4.0 from
2019 to 2024. Based on geography, the global
cocoa beans market North America, Europe, Asia
Pacific and Rest of the World. North America and
Europe accounted for the largest share in the
global cocoa beans market these regions are
further projected to dominate the global market
by 2024. In the U.S., the demand for cocoa beans
primarily comes from chocolate and chocolate
flavored products, whereas in Europe, high
consumption of cocoa butter and paste in
countries such as Germany, Belgium, the U.K., and
Russia is responsible for large market
size. Buy this report _at_ https//bit.ly/2x4Tzm2
The global cocoa beans market is fragmented
amongst a large number of manufacturers based in
major producing regions. The key players in the
global cocoa beans market
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Cargill Incorporated, Barry Callebaut, Cemoi,
Artisan Confections Company, PASCHA Company,
InterNatural Foods LLC, Olam Group, The Mexican
Arabica Bean Company, Tomric Systems, Inc., Cacao
Bahia, Dutch Cocoa, Cocoa Supply Company, Cocoa
Processing Co. Ltd., Casa Franceschi, Costa
Esmeraldas Cacao Co., Agrofloresta, Meridian
Cacao Company, and Jedwards International among
others.
About Us Axiom Market Research Consulting
(also known as Axiom MRC), is a full-service
market research and data analytics firm, driven
by a simple aim of providing key market
intelligence to companies to assist them in
taking informed business decisions pertaining to
their marketing strategy, investments, new
product launches, market competition, consumer
or end users, social media trends etc.
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Contact Us United States 616 Corporate Way, Suite
2-4268 Valley Cottage, NY 10989 Telephone 1
(845) 875-9786 Email sales_at_axiommrc.com
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