Global Cocoa Beans Industry Research Report, Growth Trends and Competitive Analysis 2022-2028

Cocoa bean is a cash crop that is used as a feedstock for the production of cocoa liquor, cocoa butter and cocoa powder, and consequently is primarily used as a raw material for chocolate making wherein cocoa liquor and cocoa butter are its primary ingredients. The vast majority of cocoa beans come from small, family-run farms that often depend on old-fashioned farming practices with limited organizational leverage and they typically travel along a global supply chain, wherein cocoa beans go through a complex production process that comprises farmers, buyers/local agents, shipping organizations, processors, manufacturers, chocolatiers, and distributors.

Report Overview

Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Cocoa Beans estimated at US$ 9513.2 million in the year 2022, is projected to reach a revised size of US$ 12110 million by 2028, growing at a CAGR of 4.1% during the forecast period 2022-2028.

The cocoa beans has captured the attention of consumers from around the world, due to fast growth of chocolate confectionary market. The same is the major factor driving the market growth. Other than chocolate confectionary market factors stimulating the market growth include increasing disposable income among middle class and increasing popularity of cocoa based products like cocoa beverages and cocoa powder. However, the commodity price fluctuation, pest and diseases, low productivity, high dependence on seasons and environmental conditions and high cost of farm inputs are restraining the market growth.

Report Scope

This latest report researches the industry structure, sales, revenue, price and gross margin. Major producers' production locations, market shares, industry ranking and profiles are presented. The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Cocoa Beans manufacturers, distributors, end users, industry associations, governments' industry bureaus, industry publications, industry experts, third party database, and our in-house databases.

This report also includes a discussion of the major players across each regional Cocoa Beans market. Further, it explains the major drivers and regional dynamics of the global Cocoa Beans market and current trends within the industry.

Key Companies Covered

In this section of the report, the researchers have done a comprehensive analysis of the prominent players operating and the strategies they are focusing on to combat the intense competition. Company profiles and market share analysis of the prominent players are also provided in this section. Additionally, the specialists have done an all-encompassing analysis of each player. They have also provided reliable sales, revenue, price, market share and rank data of the manufacturers for the period 2017-2022. With the assistance of this report, key players, stakeholders, and other participants will be able to stay abreast of the recent and upcoming developments in the business, further enabling them to make efficient choices. Mentioned below are the prime players taken into account in this research report:

Cargill

Barry Callebaut

Meridian Cacao Company

Cocoa Supply Company

Olam Group

Market Segments

This report has explored the key segments: by Type and by Application. The lucrativeness and growth potential have been looked into by the industry experts in this report. This report also provides sales, revenue and average price forecast data by type and by application segments based on sales, price, and value for the period 2017-2028.

Cocoa Beans
Segment by Type


Criollo Cocoa Beans

Forastero Cocoa Beans

Trinitario Cocoa Beans

Cocoa Beans
Segment by Application


Chocolate & Confectionery Industry

Food and Beverages Industry

Cosmetics Industry

Key Regions

& Countries

This section of the report provides key insights regarding various regions and the key players operating in each region. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of the particular region/country. The readers will also get their hands on the value and sales data of each region and country for the period 2017-2028.

North America

U.S.

Canada

Europe

Germany

France

U.K.

Italy

Russia

Asia-Pacific

China

Japan

South Korea

India

Australia

Taiwan

Indonesia

Thailand

Malaysia

Philippines

Vietnam

Latin America

Mexico

Brazil

Argentina

Middle East & Africa

Turkey

Saudi Arabia

U.A.E


Key Drivers & Barriers



High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.


COVID-19 and Russia-Ukraine War Influence Analysis


The readers in the section will understand how the Cocoa Beans market scenario changed across the globe during the pandemic, post-pandemic and Russia-Ukraine War. The study is done keeping in view the changes in aspects such as demand, consumption, transportation, consumer behavior, supply chain management, export and import, and production. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come.

Report Includes:

This report presents an overview of global market for Cocoa Beans, sales, revenue and price. Analyses of the global market trends, with historic market revenue/sales data for 2017 - 2021, estimates for 2022, and projections of CAGR through 2028.

This report researches the key producers of Cocoa Beans, also provides the sales of main regions and countries. Highlights of the upcoming market potential for Cocoa Beans, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Cocoa Beans sales, revenue, market share and industry ranking of main manufacturers, data from 2017 to 2022. Identification of the major stakeholders in the global Cocoa Beans market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by type and by application, sales, revenue, and price, from 2017 to 2028. Evaluation and forecast the market size for Cocoa Beans sales, projected growth trends, production technology, application and end-user industry.

Descriptive company profiles of the major global players, including Cargill, Barry Callebaut, Meridian Cacao Company, Cocoa Supply Company and Olam Group, etc.