Global Cocoa Market: High Demand for Chocolate to Drive Market, says TMR.pdf

Global Cocoa Market: High Demand for Chocolate to Drive Market, says TMR.pdf

  • Submitted By: amyjames
  • Date Submitted: 10/10/2016 3:47 AM
  • Category: Business
  • Words: 619
  • Page: 3

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The global cocoa market is studied in a new report by Transparency Market Research (TMR). The report is titled, ‘Cocoa Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019.’ The study presents a detailed overview of the
market’s historical development trajectory and its current and projected size. An in-depth analysis of these statistics is used to
derive insightful information about the cocoa market’s future growth. The report also covers various other important aspects of
the market, including an analysis of the competitive landscape.
View exclusive Global strategic Business report :
New entrants in the global cocoa market face entry barriers owing to the fundamental constraint on supply. Cocoa is exclusively
grown in the geographic band near the equator owing to the climatic and rainfall requisites of this crop. Thus, Southeast Asia,
West Africa, and parts of Central and South America are key producers of cocoa. The threat of substitutes is likely to remain low
as there is no popular substitute for cocoa. Players in the market are focusing on product innovation.
Cocoa is used for making cocoa powder, butter, oil, liqueur, liquor, and chocolates such as sweet, dark, and milk chocolate.
Cocoa products are in demand because they contain a high concentration of...

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