Asia Pacific Cocoa Market By Product type (Cocoa Beans, Cocoa Butter, Cocoa Powder and Cake, Cocoa Paste and Liquor, and Chocolate) By Application (Confectionery, Food and Beverages, Cosmetics and Pharmaceutical)
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The Asia Pacific Cocoa Market would witness market growth of 4.88% CAGR during the forecast period (2019-2025).
Cocoa helps to regulate symptoms of intense fatigue syndrome, offers protection against sunburn, decreases hypertension, etc. Cocoa also has a rich content of antioxidants. The advantages of cocoa are anticipated to drive the growth of the Cocoa market owing to its increasing end-use in various sectors such as bakery, beverages, confectionery, pharmaceuticals, etc. The cocoa market has significant end-use potential in the pharmaceutical and cosmetics industries.
In addition to dietary and functional advantages, cocoa & chocolate are used to provide food with taste, aroma, and texture. Cocoa butter, cocoa powder, and cocoa liquor are some of the main components used in the production of chocolates. The favourable features of cocoa butter provide a feeling of melting in the mouth and simple removal of chocolates from the molds. Chocolate also masks the unpleasant flavor of tablets and promotes their use for medicinal purposes.
Based on Product type, the market is segmented into Cocoa Beans, Cocoa Butter, Cocoa Powder and Cake, Cocoa Paste and Liquor, and Chocolate. Based on Application, the market is segmented into Confectionery, Food and Beverages, Cosmetics and Pharmaceutical. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include United Cocoa Processor, Inc., Nestle S.A., Touton S.A., The Barry Callebaut Group, SunOpta, Inc., Newtown Foods, Inc., Puratos Group NV, Mars, Inc., The Hershey Company and Cargill Corporation.
Scope of the Cocoa Market Analysis
- Cocoa Beans
- Cocoa Butter
- Cocoa Powder and Cake
- Cocoa Paste and Liquor
- Food and Beverages
- South Korea
- Rest of Asia Pacific
- United Cocoa Processor, Inc.
- Nestle S.A.
- Touton S.A.
- The Barry Callebaut Group
- SunOpta, Inc.
- Newtown Foods, Inc.
- Puratos Group NV
- Mars, Inc.
- The Hershey Company
- Cargill Corporation
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