Cacao Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

Cacao is one of the world's most essential perennial crop that is increasing being used for chocolate manufacturing purposes. Different varieties of cacao belong to three groups namely Forastero, Criollo, and Trinitario which may vary as per their morphological, genetical and geographical compositions. Cacao is cropped and cultivated under the shade of forest trees or as an unshaded monocrop.

MARKET SCOPE

The "Global Cacao Market Analysis to 2031" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Cacao market with detailed market segmentation by product type, application, and geography. The report provides key statistics on the market status of the leading Cacao market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   Based on product type, the global cacao market is segmented into forastero, criollo, and trinitario.
  
•   Based on application, the global Cacao market is segmented into food and beverages, cosmetics and personal care, pharmaceuticals, and others.
  

MARKET DYNAMICS

Drivers:

•   Rising production and consumption of cacac.
  
•   Increase in demand of cacao for preparation of chocolate products.
  

Restraints:

•   Less consumer knowledge related to benefits of using cacao.
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Cacao market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Cacao market in these regions.

IMPACT OF COVID-19 ON CACAO MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The chemical & materials industry is one of the major industries suffering serious disruptions, such as supply chain breaks, technology events cancellations, and office shutdowns, as a result of this pandemic. The shutdown of various plants and factories in leading regions such as North America, Europe, Asia Pacific, South America, and the Middle East & Africa has affected the global supply chain and negatively impacted the manufacturing, delivery schedules, and sales of various goods. Furthermore, various companies have already announced possible delays in product deliveries and slump in future sales of their products.

MARKET PLAYERS

The report covers key developments in the Cacao market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Cacao market are anticipated to lucrative growth opportunities in the future with the rising demand for Cacao in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Cacao market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Archer Daniels Midland
  
•   Barry Callebaut
  
•   Blommer Chocolate
  
•   Cargill, Incorporated
  
•   CEMOI
  
•   Cocoa Processing
  
•   Daarnhouwer
  
•   Dutch Cocoa
  
•   Newtown Foods
  
•   Puratos Group
  
•   Guan Chong Berhad (GCB)
  
•   FUJI OIL CO., LTD
  
•   Ciranda
  
•   Olam
  
•   The Hershey Company
  
•   United Cocoa Processor
  
•   Tradin Organic
  
•   KOMPASS INTERNATIONAL SA
  
•   Cargill
  
•   Touton S.A
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Cacao Report Scope