Industrial Chocolate Production
After a sharp decline in cocoa prices, cocoa prices have rebounded since 2013, driven by strong global demand coupled with weak harvest conditions. Over the current five-year period, the industry has experienced a slight decline in revenue. The Industrial Chocolate Production industry is expected to experience a more steady and favorable environment in the next five years. Improving disposable incomes and a persistent sweet tooth for chocolate candy will keep demand from downstream markets high. Meanwhile, the price of cocoa is expected to remain high as harvest conditions in West Africa ease and expand supply.
This industry includes companies that press cocoa beans to manufacture cocoa ingredients used in other food processing. This industry’s products include cocoa powder, cocoa butter and cocoa liquor.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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