Tuesday, October 15, 2019

Cocoa and Chocolate Market to Reach USD 67.22 Billion by 2025

According to a report published by Fortune Business Insights, the global Cocoa & Chocolate Market was valued at USD 43.13 Bn in 2017. The market will grow at a rate of 5.7% and will reach USD 67.22 Bn by 2025. The global cocoa and chocolate market is likely to grow at a healthy rate in the forecast period, with impetus from the recently unfolded health benefits and the increasing use of healthy ingredients for manufacturing.


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List of companies profiled in this report:
  • Barry Callebaut
  • AG Cargill, Inc.
  • Olam International
  • Fuji Oil Company Ltd. (Blommer)
  • ECOM Agroindustrial Corporation Ltd.
  • Cocoa Processing Company Limited
  • Touton S.A, Niche Cocoa Industry Ltd.
  • BD Associates Ghana Ltd.
  • PLOT Enterprise Ghana Ltd

"Harvard Study Claims Chocolate May Reduce Risk of Heart Disease"

In 2017, a study at Harvard suggested that if consumed in the right amount, dark chocolate may aid in reducing heart diseases. The researchers have claimed that consumption dark chocolate in a monitored amount may reduce the risk of atrial fibrillation which is a heart condition that is related to stroke, failure, and other diseases. 

Encouraged by recent studies, manufacturers have acted quickly to recognize the ingredients and compounds in dark chocolate that contribute to such health benefits,” said a lead analyst at Fortune Business Insights. Therefore, there is a growing emphasis on research and development of cocoa and chocolate by numerous manufacturers. Subsequently, this study has caught the eye of many investors, which in turn has led to numerous mergers and acquisitions among companies within the global market. 


"Cadbury Introduces Low-Calorie Chocolate Bar; Dairy Milk sales to Break the Roof"

In July 2018, Cadbury announced the launch of a low-calorie chocolate bar, where-in it claimed that the new Dairy Milk will contain 30% less sugar but the taste is likely to remain the same. With more people now adopting a healthy lifestyle and diet, the demand for this chocolate bar is likely to sky-rocket in the coming years. Being ranked third in the list of leading chocolate manufactures in 2016, Cadbury’s sales growth is likely to have a positive impact on the global cocoa and chocolate market.

Browse Complete Report Details:
https://www.fortunebusinessinsights.com/industry-reports/cocoa-and-chocolate-market-100075

"Recent Innovations in Cocoa Products May Reverse the Decreasing Demand for Chocolate"

Increasing health awareness has led to a slight decrease in demand for cocoa and chocolate products. Numerous research findings in recent years have indicated that chocolate can be more than just comfort food. Researchers are discovering various health benefits of chocolate and cocoa products. Although these studies and implications have caused a stir in the healthcare as well as the food industry, scientists have quickly acted on these concerns, by conducting a host of clinical and food trials. 

In addition to health benefits, incorporating new flavors within the healthy chocolate has been an increasing trend. The advent of flavored-healthy chocolates has led to a substantial increase in demand for cocoa and chocolate products. The aforementioned factors are likely to enable the growth of the global cocoa and chocolate market in the forecast period.

Read More Details in this Press Release:

https://www.fortunebusinessinsights.com/press-release/cocoa-and-chocolate-market-9067

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