About Cocoa Beans Grindings
Cocoa beans grindings are widely used in the food and beverages and cosmetics industry for various applications. The demand for cocoa grindings are increasing in the European countries specially in the Germany due to increased adoption in the confectionary industry. High growth of the dark chocolate due to growing awareness about its health benefits and increasing number of health conscious population across the globe will accelerate the demand for dark brown cocoa powders. Further, the rising middle and upper class population in the developing countries has increased the demand for cocoa and chocolate products in the market. Cocoa butter is most consumable plant-based fat in the cosmetics and personal care products as it helps to keep skin hydrate, nourish, and improve elasticity.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new product launches and collaborations as their preferred strategies. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Panamir Products (Estonia), Cargill, Incorporated (United States), The Hershey Company (United States), Dennys Group (India), Daynmerry (India), Tradin Organic Agriculture B.V. (Netherlands), Nestle (Switzerland), Mondelez International (United States), Indcre S.A. (Spain), Olam International Limited (Singapore), Cémoi (France), Barry Callebaut (Switzerland), Plot Enterprise Ghana Ltd (Ghana), JB Foods Limited (Malaysia) and Guan Chong (Malaysia) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Cocoa Beans Grindings market by Type (Cocoa Liquor, Cocoa Butter and Cocoa Powder), Application (Beverages, Baking Products, Chocolates & Confectionaries, Cosmetics and Others) and Region.
On the basis of geography, the market of Cocoa Beans Grindings has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Cocoa Beans Grindings market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Varieties, the sub-segment i.e. Criollo will boost the Cocoa Beans Grindings market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Innovation and Continuous Research for the Cocoa Grinding Process and Increased Use of Cocoa Butter in the Personal Care Products and Cosmetics to Provide Moisture to the Skin
Market Growth Drivers:
Increasing Consumer Demand for Dark Brown Chocolate Powder Across the Globe, High Growth of Cocoa Products in the Chocolate and Confectionery Industries and High Growth of Chocolate Market Due to Increased Interest of Households in the Baking and Snacking
Challenges:
Easy Availability of Cocoa Butter Substitutes in the Global Market May Affect the Growth
Restraints:
Allergic Skin Reactions and Constipation Issues in Some People due to Cocoa Products
Opportunities:
Growing Popularity of Specialty Chocolates in the European Market and High Growth of Cocoa Grindings in the Germany Due to Increased Demand from Confectionary Industry
Market Leaders and their expansionary development strategies
In August 2022, Cosmos, a brand owned by EssEmm Corporation, now reckoned with quality in the hospitality and food processing industry launched the ‘Cosmos nut butter grinder’ a first of its kind in India.
In 2021, Cargill completed a USD 100 million expansion of its cocoa processing facilities in Yopougon in order to meet increasing customer demand for dark brown cocoa powders. This will add significant volumes to the company’s cocoa-grinding capacity and increase production capacity at the site by 50 percent.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Cocoa Beans Grindings Manufacturers, Cocoa Beans Grindings Suppliers and Distributors, Venture Capitalists and Private Equity Firms, Government Bodies and Research Organizations, End-Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.