Articles

Cocoa Most Sought after in Food & Beverage Industry as Market Players Vie to Expand its Base

by Basant K. Global Market Research Reports

There has been significant transition in the way food products are purchased as consumers shift towards organic and gluten-free food products. In a bid to expand its customer base, manufacturers are relying upon healthier and innovative cocoa products along with constraint in sugar content. At the time when consumers are shunning chocolate consumption, manufacturers have glanced their focus on gluten-free and organic products.

When cocoa is traceable physically, companies have little idea about which farmers contributed to a truckload of coca shipped to their factory. Owing to digital evolution in cocoa, cocoa can be mapped down to the GPS coordinates of the farm. Moreover, digital dashboards empower buyers to know if a farm is within a protected forest or is contributing to the loss of forest cover by comparing GPS coordinates of farm with a satellite data showing modification in the leaf coverage.

The cloud based systems maintain a record of every cocoa transaction. To bring a paradigm shift in the industry, software companies are piloting bar codes that can be stitched or stapled onto jute bags unique to each individual farmer.

Growing consumption of chocolates reveal the rising appetite for cocoa, thereby making cocoa one of the most widely consumed flavors in the food and beverage industry. Cocoa barons are profoundly using fine or flavored cocoa in traditional recipes and different food products to expand its consumer base. On the other hand, rising demand for cocoa liquor is projected to augur well for the cocoa barons.

Cocoa Market: Overview

The report provides an exhaustive analysis on the market for cocoa for the assessment period 2018-2026. The report further sheds light on the dynamics of the cocoa market which significantly impact the growth of the market.

Furthermore, the report delves into the segregation of the market which is expected to provide readers with an actionable insights which will aid them in taking proper decision based on segments historical and future growth estimates.

The report focuses on cost structure and supply chain to provide a holistic view of the cocoa market. The report further sheds light on investment feasibility and PESTLE analysis. In order to comprehend competitive landscape of the market, Porters’ Five Force Analysis has been considered. The report also includes regional and country-wise assessment for the cocoa market.

A robust research methodology has been adopted for the forecast and assessment on the cocoa market. The research sources include primary and secondary sources which have been further examined by in-house panel of experts. The market size of the cocoa is the result of revenue comparison, market share comparison and Y-o-Y growth comparison on the geography.

Cocoa Market: Competitive Scenario

Prominent market players being instrumental for the growth of the cocoa market are profiled and assessed on the basis of company overview, financial overview, product offering, recent development, key differentiators and strategies. The report incorporates company share analysis for tier 1 market players and analyzes the company’s share on the basis of product type. Besides, on the basis of geography, company’s market share analysis of top ten players has been done.

The analysis of the major market players becomes indispensable as it will assist readers to make proper decision to enlarge their business and can comprehend strategic moves made by prominent players in the cocoa market.    


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About Basant K. Innovator   Global Market Research Reports

40 connections, 1 recommendations, 91 honor points.
Joined APSense since, August 3rd, 2018, From Dublin 2, Ireland.

Created on Feb 11th 2019 07:31. Viewed 475 times.

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