ORGANIC COCOA MARKET 2018 Industry Survey, Growth, Competitive Landscape and Forecasts to 2022
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ORGANIC COCOA MARKET 2018 Organic Cocoa Market 2018: Industry Survey, Growth, Competitive Landscape and Forecasts to 2022
The Global Market for organic cocoa has witnessed continued demand during the last few years and is projected to reach USD 585 million at a CAGR of 12.16% by 2022. Diverse application for organic cocoa in various industries, majorly in chocolate production is likely to drive the global organic cocoa market over the forecast period.
America will dominate the organic cocoa market (in terms of value and volume both) with more than 60% of the market share and it is projected to reach a market value of more than USD 400 million at a CAGR of 14.27% by 2022. Africa is projected witness a high growth rate of 9.02% during the given period owning to rising population of cocoa farmers enrolling for organic certification. High demand for premium organic chocolate has increased the sale of organic cocoa on the global level. Rising demand for organic ingredients in functional food and beverages and personal care products has been playing a key role in the growth of the global organic cocoa market from last few years.
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ORGANIC COCOA MARKET 2018
Intended Audience: •
Organic cocoa manufacturers
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Organic chocolate manufacturers
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Organic functional food and beverage manufacturers
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Retailers and wholesalers
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Traders, importers and exporters
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ORGANIC COCOA MARKET 2018 Regional Analysis As per the MRFR analysis, the global market for organic cocoa has been witnessing continued demand during the forecast period owning to rising population of consumers adopting organic food consumption trends. In terms of value and volume both, America is estimated to dominate the organic cocoa market holding the lion’s share of more than 60%. Also, Africa will hold the second largest share in the global organic cocoa market and is projected to grow at a rate of 9.02%
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ORGANIC COCOA MARKET 2018 Application & Major Players in this Research: Organic Cocoa Market Prominent Players:
Olam (Uganda) Limited (Uganda),
BT Cocoa (Indonesia),
Tradin Organic Agriculture B.V. (U.S.) and
Conacado Agroindustrial S.A.
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