Global Cocoa Beans Market is Expected to Garner $ 16.7 billion by 2024

According to Goldstein Research, global cocoa beans market is expected to reach USD 16.7 billion by 2024, growing at a CAGR of 3.1% over the forecast period through 2024. Huge demand from chocolate industry an increasing demand of chocolate based products is expected to drive the growth of cocoa beans market in the near future. Global cocoa beans market segmentation has been done on the basis of cocoa beans type, cocoa beans product type, end-user and geography. Africa is the largest producer of cocoa beans and accounted for 73% of global cocoa beans production where major production of cocoa beans comes from Ivory Coast and Ghana.
 
Global cocoa beans industry is largely dominated by Africa followed by Asia Pacific and Latin America. Asia-Pacific accounts for 15% and Latin America accounts for 12% share of total cocoa beans produced in 2015. Major contribution of cocoa beans production comes from countries such as Indonesia, Malaysia and Singapore, which is likely to expand the business opportunities of cocoa beans in Asia-Pacific region.
 
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Market Segmentation

On the basis of our in-depth analysis, Global Cocoa Beans Market can be segmented as follows:
 

Based on Cocoa Bean Type

• Criollo Cocoa Beans
• Forastero Cocoa Beans
• Trinitario Cocoa Beans

Based on Product Type

• Cocoa Powder
• Cocoa Butter
• Cocoa Beverages
• Others (Cocoa Paste, Beauty Products)

Based on End-User

• Chocolate & Confectionary Industry
• Food and Beverage Industry
• Cosmetics Industry

 By Region

• North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
• Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
• Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
• Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
• Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
• Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

 
The Report is Available at: https://www.goldsteinresearch.com/report/global-cocoa-beans-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024
 
 “Global Cocoa Beans Market Outlook 2024” by Goldstein Research contains detailed overview of the global cocoa beans market in terms of market segmentation by cocoa beans type, cocoa beans product type and end-user.
 
Further, Global Cocoa Beans Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Cargill Incorporated, Barry Callebaut, Artisan Confections Company, PASCHA Company, InterNatural Foods LLC, Olam Group, The Mexican Arabica Bean Company, Tomric Systems, Inc., Cacao Bahia, Cocoa Supply Company, Casa Franceschi, Costa Esmeraldas Cacao Co., Agrofloresta, Meridian Cacao Company, Jedwards International, etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.
 
Overall, the report represents the global cocoa beans market size along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
 

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