Cocoa Processing Market Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023

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    Demand from Cosmetics Industry Driving
Cocoa Processing Market

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Report Description and Highlights
Report Description
  Demand from Cosmetics Industry Driving Cocoa
Processing Market The global cocoa processing
market has experienced a steady growth over the
past few years. This can be accredited to various
health benefits offered by cocoa-based products
along with their wide applications in the
skin-care and cosmetics industry. According to
the latest report by IMARC Group, titled Cocoa
Processing Market Global Industry Trends, Share,
Size, Growth, Opportunity and Forecast
2018-2023, the global cocoa processing
market reached a value of US 13.1 Billion in
2017. Cocoa beans, also known as cacao beans, are
the dried and fully fermented fatty seeds of
the Theobroma cacao tree. Cocoa processing refers
to the process of converting these beans into
products such as cocoa powder, liquor and butter.
These cocoa-based products are rich in magnesium
which catalyzes protein synthesis and energy
production, and copper a mineral required for
iron transport, glucose metabolism and brain
development. In addition, these products,
particularly chocolate, are considered as
superfoods with the ability to boost mental
performance as well as enhance mood. Cocoa-based
products are hard-to-substitute and indispensable
raw materials used in a number of food and
non-food applications.
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Report Description and Highlights
Report Description
Global Cocoa Processing Market Trends Cocoa
beans have high amounts of flavonoids,
proanthocyanidins and theobromine which are known
for their anti-oxidant, anti-inflammatory and
anti-aging properties. Flavonoids are also known
to reduce the risk of cardiovascular diseases,
such as arrhythmia, heart attack, cardiomyopathy,
heart failure, etc. This has led to an increase
in the demand for cocoa-based products among the
health-conscious consumers, thereby boosting the
market growth. Moreover, the use of cocoa-derived
phytochemicals as an effective approach for skin
protection is also gaining traction in the
cosmetics industry. Owing to this, cocoa-based
products are being used in products such as
lipsticks, soaps, face masks, moisturizers, etc.
Moreover, with elevating incomes of the
consumers, particularly in the emerging
economies, there has been a rise in the demand
for chocolates, especially among the young
generation. However, the rising concerns
regarding obesity and overweight can have an
adverse impact on the demand for cocoa-based
products. Looking forward, the market is
projected to reach a value of US 14.9 Billion by
2023, expanding at a CAGR of 2.2 during
2018-2023. Read more here http//bit.ly/2zuxT4F

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Report Description and Highlights

• Global Cocoa Processing Market Summary
• Based on type, the market has been segmented into
  forastero, trinitario and criollo beans. Amongst
  these, forastero represents the most popular type
  of cocoa beans grown and processed globally.
• On the basis of type, the market has been
  segregated as cocoa liquor, cocoa powder and
  cocoa butter. Currently, cocoa liquor is the
  leading product type, holding the largest market
  share. It is widely used in the production of
  both dark and milk chocolate, and various other
  confectionery and bakery items.
• Based on application, the report finds that
  confectionary is the dominant application segment
  with nearly a half of the global share. Other
  major application segments include food and
  beverages, cosmetics and pharmaceuticals.
• On a geographical front, Europe represents the
  largest market, holding more than a third of the
  total global share. The region is witnessing an
  increase in the demand for fair trade and organic
  cocoa products. Other major regions include
  Africa, North America, Latin America and Asia
  (with Oceania).
• The cocoa processing market is concentrated in
  nature with some of the key players being Barry
  Callebaut, Cargill, Olam International Limited,
  Blommer Chocolate Company, Mondelez
  International, Guan Chong Berhad, Ecom
  Agroindustrial Corp. Limited, BT Cocoa, Nestlé
  SA, Cocoa Touton Processing Company Limited and
  Groupe CEMOI.

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Report Description and Highlights

• Browse More Related Reports 
• Cocoa Butter Market http//bit.ly/2QvyahD
• Sardine Market http//bit.ly/2zwbpQL

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Report Description and Highlights
Report Description

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