Malaysia Cocoa Industry Study 2017
Africa is globally the largest cocoa producing region, accounting for 73% of total world cocoa production in the 2015-16 season. While Côte d'Ivoire alone contributes 40% to the world production, Ghana is the next largest contributor within Africa. Global market shares the Americas and of the Asia & Oceania regions rested at 16% and 11% respectively in the same period. Globally the demand for cocoa is expected to be driven by the rising global demand for premium quality cocoa powder based packaged foods
Post the cocoa deficit of approximately 220,000 tonnes in the 2015-16 season, a surplus is projected for the world cocoa market in the 2016-17 season, which started in October 2016. The surplus is due to an expectation of a good main crops in West Africa and milder harmattan winds.
Malaysia is the largest cocoa grinder in Asia and the fifth largest globally, behind Netherlands, Cote d’Ivoire, Germany and the United States. The country currently has 15,000 hectares cocoa trees, with about 5,500 hectares in Sabah, 5,000 hectares in Sarawak and the remaining in rest of the peninsula. The total size of cocoa plantations in Malaysia is approximately 18,000 hectares and there are 15,045 small holders throughout the country. The largest plantation is Sabah, which has a total area of 7,072 hectares. The second largest plantation is Sarawak at 6,949 hectares, which has a total area of 4,101 hectares.
Our analysts believe that the outlook of the cocoa industry is medium and not bleak due to the government’s interest in the sector and rising demand from developing economies. However, the low production, falling motivation of cocoa farmers and the fragile nature of cocoa crop need to be kept in mind.
Why should the report be purchased?
The report ‘Malaysia Cocoa Industry Study 2017’highlights key drivers of and trends emerging in Malaysia’s cocoa sector. The performance of the sector along with government initiatives have been examined in detail. The current market scenario and future prospects of the sector has also been studied.The report contains latest industry leader's verbatim.
Research methodology and delivery time
Smart Research Insights has conducted in depth secondary research to arrive at key insights. Data collected from key industry sources has been analyzed impartially to present a clear picture of the industry. All recent developments which impact the sector dynamics have been captured and used to support the research hypothesis.
The report is available as single-site single-user license. The delivery time for the electronic version of the report is immediate and dispatch time for hard copies is 2 business days, as each hard copy is custom printed for the client.
About Smart Research Insights (SRI)
SRI is a research organization specializing in industry research reports and custom research. Our team of dedicated researchers with rich experience across industry segments focuses on delivering high quality analysis. Undertaking in-depth secondary research we arrive at key insights, which are supported by data that has been analyzed impartially to present a clear picture of the industry. All recent developments and industry opinions which impact the sector dynamics are captured and used to support the research hypothesis.
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