Global Cocoa Market to be Driven by Rising Set of Novel Applications

Global Cocoa Market to be Driven by Rising Set of Novel Applications

  • Submitted By: amyjames
  • Date Submitted: 03/21/2016 3:24 AM
  • Category: Business
  • Words: 630
  • Page: 3

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The global market for cocoa has been studied in a detailed market research report by Transparency Market Research. The report,
titled “Cocoa Market - Global Industry Analysis, Size, Share, Growth, Trends And Forecast, 2013 – 2019,” presents an expansive
analysis of the key macro and micro factors that are essential for the growth and profitability of companies operating in the
global cocoa market.
Cocoa, being a key ingredient in chocolates, cosmetic products, liqueurs, and several other products in the food and beverages
industry, enjoys steady demand from across the globe. Although the ingredient has been in use for several centuries, its use in
new and innovative applications has led to significant expansion of the global cocoa market in the recent past. The report
presents a complete overview of the major trends in the market and key factors that will drive or restrain the market’s growth
and have an impact on the overall development of the market over the report’s forecast period.
The report states that the global cocoa market will be driven by the rising global demand for chocolate and chocolate coatings.
Cocoa finds major application in dark chocolate, milk chocolate, drinking chocolate, sweet chocolate, baking chocolate, and
several cosmetic products. These traditional uses of cocoa are expected to be the major growth inducers for the global cocoa
market in the...

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