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Cocoa Processing Market Feasibility Study 2021 - ResearchAndMarkets.com


The "Cocoa Processing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.

The global cocoa processing market reached a volume of 4.86 Million Tons in 2020. Looking forward, the publisher expects the global cocoa processing market to exhibit moderate growth during the next five years.

This report provides an in-depth analysis on the global cocoa market trends and the requirements to start and run a cocoa processing plant.

Cote d'Ivoire and Ghana currently represent the world's two biggest producers of cocoa. The two countries together currently account for nearly 60% of the total global cocoa production. Other major producers include Indonesia, Nigeria, Ecuador, Brazil and Cameroon. Region-wise, Africa currently accounts for more than 70% of the total global cocoa production.

Despite being the largest producer, the region accounts for less than 21% of the total global cocoa processing market. Though unsuitable for cocoa cultivation, Europe currently represents the world's biggest importer and processer of cocoa. The competitive landscape of the global cocoa processing industry is currently quite concentrated in nature with the top three players currently accounting for around 40% majority of the total global market.

The cocoa bean is the dried and fully fermented fatty seed of the cocoa tree (Theobroma cacao). Cocoa processing involves the conversion of cocoa beans into different forms such as cocoa liquor, cocoa butter, cocoa cakes and cocoa powder. The chocolate industry currently represents the biggest end user of cocoa.

Processed cocoa products, however, have applications in a number of other industries as well. For instance, cocoa powder is also used to produce chocolate milk, biscuits, ice cream, cakes and a number of other food and beverages. Similarly, cocoa butter is widely used during the production of soaps, cosmetics and pharmaceutical products.

Key Questions Answered in This Report:

For more information about this report visit https://www.researchandmarkets.com/r/mt6n31


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