What is Organic Cocoa Liquor?
Organic Cocoa Liquor is basically cocoa in its purest form. The product is obtained from Cocoa beans which is then processed to obtain the cocoa liquor either in the form of solid, or semi-solid. It is in base form, thus it is completely unsweetened and can be used to further in baking or production of chocolates and other confectionaries. Organic cocoa liquor can be made up of criollo, forastero, trinitario and other popular cocoa species. The increasing consciousness of chemical free food is driving the growth of the organic cocoa liquor, as well as growth of the confectionary food market has also fuelled the demand for organic cocoa liquor. Geographically, North America is the largest market of organic cocoa liquor.
The market study is broken down by Type (Forastero, Criollo, Trinitario and Others), by Application (Confectionaries, Ice-Creams and Others) and major geographies with country level break-up.
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.
Olam International (Singapore), Cargill (Untied States), Barry Callebaut AG (Switzerland), Blommer Chocolate Company, SunOpta (Canada), BT Cocoa (Indonesia), Ciranda (Untied States), Touton SA (France), Guan Chong Cocoa Manufacturers Sdn. (Malaysia) and Natra SA (Spain) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Cemoi Chocolatier SA (France), Dutch Cocoa BV (Netherlands) and JB Foods (Malaysia).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Organic Cocoa Liquor market by Type, Application and Region.
On the basis of geography, the market of Organic Cocoa Liquor has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, 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 Form, the sub-segment i.e. Solid Form will boost the Organic Cocoa Liquor market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Direct will boost the Organic Cocoa Liquor market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In 2021, Cargill, a US based global food conglomerate has announced acquisition of Leman Decoration Group, which is a cake and other confectionary decorations supplier. The acquisition broadens Cargill’s geographical presence, decorative space offerings and improving its cocoa as well as chocolate offerings.
Market Trend
- Dutch Cocoa Liquors have Higher Market Share
Market Drivers
- Rise in Production of Commercial Cocoa
- Growth of Confectionaries Industry
- Increasing Consciousness about Chemical Free Food
Opportunities
- E-Commerce Stores Based Sales are expected to Grow Further
Restraints
- Climate Change is Negatively Affecting the Growth of the Cocoa
Challenges
- Presence of Counterfeit Products in the Market
Key Target Audience
Organic Cocoa Liquor Manufacturers, Suppliers and Distributors, Raw Material Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industries
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 the 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 purpose to understand companys positioning regarding 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 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, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.