Europe 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 Europe Cocoa Market would witness market growth of 3.11% CAGR during the forecast period (2019-2025).
The cocoa market is fueled by numerous significant factors, such as increasing awareness of the related health advantages of cocoa. The influential factor that is boosting the demand for cocoa is the availability of unique chocolate varieties. Easy accessibility of a broad range of chocolate flavors and chocolate types leads to a growing consumer base. High demand is witnessed by different kinds of chocolates, such as milk chocolate, dark chocolate, cocoa powder, brownies, and cocoa butter. Also, the availability of various flavors such as mint, vanilla, coffee, etc. contributes to overall revenue growth. Manufacturers are creating and launching fresh and innovative varieties such as covered vegetables, fruits, nuts, cereals, etc. and the popularity of such varieties is continuously growing, particularly in developed countries, thereby boosting the cocoa market.
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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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
- Rest of Europe
- 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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