Market by Process, Quality, Product, Type, End-user, and Country | Forecast 2021-2028
Triton’s
report denotes that the Latin American Cocoa market is possible to
propel at a CAGR of 4.30% during the anticipated period 2021-2028.
Report scope can be customized per your requirements. Request For Customization
The
countries scrutinized in this market include:
• Brazil
• Mexico
• Rest of Latin America
Multinational
companies and local brands mainly dominate Latin America’s cocoa market. The
cocoa products are traditionally rooted in the region’s culture, which supports
the demand for cocoa products. Additionally, companies are striving to become
the cocoa leader in terms of quality and quantity. Other than this,
International Cocoa Organizations are partnering with governments to ramp up
the production of sustainable cocoa. Such factors are estimated to augment the
growth of the cocoa market across the region over the next few years.
Brazil,
for instance, holds a significant market for cocoa, being the largest producer
and consumer of chocolate. This growth is owing to the rising recognition of
chocolate as a food type. As per the Brazilian Association of the Chocolate
Peanut and Sweets Industry, a significant percentage of the population consume
chocolate. Furthermore, there are a large number of cocoa farmers in the
country, which adds to the growth of the cocoa market. Besides this, there is a
high demand for gourmet chocolate in the country, which uses fine cocoa.
Therefore, this rise in chocolate trends is estimated to widen the scope and
growth of the cocoa market in Brazil over the upcoming years.
Puratos
Group is involved in manufacturing and supplying ingredients to bakers,
patisseries, and chocolatiers. Its bakery products include sourdoughs,
chocolate, creamy fillings, sponge mixes, non-dairy toppings, glazes, egg wash
alternatives, and others. Additionally, it offers customer-driven studies,
technological analysis, and other services to its business partners in terms of
texture, shelf-life, and nutrition. Puratos serves various clients, such as
industrial manufacturers, food service companies, and supermarkets. It has
operations in multiple regions, including Latin America.
1. LATIN
AMERICA COCOA MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
OF COVID-19 ON COCOA MARKET
2.2. KEY
INSIGHTS
2.2.1. INFLUENCE
OF WESTERN FLAVORS
2.2.2. COCOA
POWDER COLOR TRENDS
2.2.3. SINGLE-ORIGIN
COCOA AND CHOCOLATES
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTES
2.3.3. BARGAINING
POWER OF BUYERS
2.3.4. BARGAINING
POWER OF SUPPLIERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. MARKET
ATTRACTIVENESS INDEX
2.5. VENDOR
SCORECARD
2.6. KEY
MARKET STRATEGIES
2.6.1. ACQUISITIONS
2.6.2. PRODUCT
DEVELOPMENTS
2.6.3. CONTRACTS
& AGREEMENTS
2.6.4. INVESTMENT
& EXPANSIONS
2.7. MARKET
DRIVERS
2.7.1. RISE
IN DEMAND FOR CHOCOLATE
2.7.2. HEALTH
BENEFITS OF COCOA
2.8. MARKET
CHALLENGES
2.8.1. LOW
PRODUCTIVITY
2.8.2. PRICE FLUCTUATIONS
OF COCOA
2.9. MARKET
OPPORTUNITIES
2.9.1. RUBY
COCOA BEANS
2.9.2. BEAN-TO-BAR
CHOCOLATE
3. LATIN
AMERICA COCOA MARKET OUTLOOK - BY PROCESS
3.1. DUTCH-PROCESS
3.2. NATURAL
PROCESS
4. LATIN
AMERICA COCOA MARKET OUTLOOK – BY QUALITY
4.1. BULK
4.2. SPECIALTY
4.3. FINE
FLAVOR
5. LATIN
AMERICA COCOA MARKET OUTLOOK – BY PRODUCT
5.1. COCOA
LIQUOR
5.2. COCOA
POWDER
5.3. COCOA
BUTTER
6. LATIN
AMERICA COCOA MARKET OUTLOOK – BY TYPE
6.1. CONVENTIONAL
6.2. ORGANIC
7. LATIN
AMERICA COCOA MARKET OUTLOOK – BY END-USER
7.1. CONFECTIONERY
7.2. FOOD
& BEVERAGES
7.3. BAKERY
7.4. OTHER
END-USERS
8. LATIN
AMERICA COCOA MARKET – REGIONAL OUTLOOK
8.1. BRAZIL
8.2. MEXICO
8.3. REST
OF LATIN AMERICA
9. COMPETITIVE
LANDSCAPE
9.1. CARGILL
INCORPORATED
9.2. MEIJI
HOLDINGS CO LTD
9.3. NESTLE
SA
9.4. PURATOS
GROUP
9.5. OLAM
INTERNATIONAL LIMITED
9.6. GUAN
CHONG BERHAD
9.7. BARRY
CALLEBAUT AG
9.8. NATRA
SA
9.9. BLOMMER
CHOCOLATE COMPANY
9.10. THE HERSHEY
COMPANY
9.11. MONDELEZ
INTERNATIONAL
9.12. FERRERO
GROUP
9.13. LINDT AND
SPRÜNGLI AG
9.14. ARCHER
DANIELS MIDLAND
9.15. TOUTON
SA
10. RESEARCH
METHODOLOGY & SCOPE
10.1. RESEARCH
SCOPE & DELIVERABLES
10.2. SOURCES
OF DATA
10.3. RESEARCH
METHODOLOGY
TABLE 1: LATIN AMERICA COCOA
MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: LIST OF ACQUISITIONS
TABLE 4: LIST OF PRODUCT
DEVELOPMENTS
TABLE 5: LIST OF CONTRACTS
& AGREEMENTS
TABLE 6: LIST OF INVESTMENT
& EXPANSIONS
TABLE 7: THE TOP 10 COCOA
PRODUCING COUNTRIES IN 2021
TABLE 8: LATIN AMERICA COCOA
MARKET, BY PROCESS, 2021-2028 (IN $ MILLION)
TABLE 9: LATIN AMERICA COCOA
MARKET, BY QUALITY, 2021-2028 (IN $ MILLION)
TABLE 10: LATIN AMERICA COCOA
MARKET, BY PRODUCT, 2021-2028 (IN $ MILLION)
TABLE 11: LATIN AMERICA COCOA
MARKET, BY TYPE, 2021-2028 (IN $ MILLION)
TABLE 12: LATIN AMERICA COCOA
MARKET, BY END-USER, 2021-2028 (IN $ MILLION)
TABLE 13: LATIN AMERICA COCOA
MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
FIGURE 1: MARKET
ATTRACTIVENESS INDEX
FIGURE 2: LATIN AMERICA COCOA
MARKET, BY PROCESS, 2020 & 2028 (IN %)
FIGURE 3: LATIN AMERICA COCOA
MARKET, BY DUTCH-PROCESS, 2021-2028 (IN $ MILLION)
FIGURE 4: LATIN AMERICA COCOA
MARKET, BY NATURAL PROCESS, 2021-2028 (IN $ MILLION)
FIGURE 5: LATIN AMERICA COCOA MARKET,
BY QUALITY, 2020 & 2028 (IN %)
FIGURE 6: LATIN AMERICA COCOA
MARKET, BY BULK, 2021-2028 (IN $ MILLION)
FIGURE 7: LATIN AMERICA COCOA
MARKET, BY SPECIALTY, 2021-2028 (IN $ MILLION)
FIGURE 8: LATIN AMERICA COCOA
MARKET, BY FINE FLAVOR, 2021-2028 (IN $ MILLION)
FIGURE 9: LATIN AMERICA COCOA
MARKET, BY PRODUCT, 2020 & 2028 (IN %)
FIGURE 10: LATIN AMERICA COCOA
MARKET, BY COCOA LIQUOR, 2021-2028 (IN $ MILLION)
FIGURE 11: LATIN AMERICA COCOA
MARKET, BY COCOA POWDER, 2021-2028 (IN $ MILLION)
FIGURE 12: LATIN AMERICA COCOA
MARKET, BY COCOA BUTTER, 2021-2028 (IN $ MILLION)
FIGURE 13: LATIN AMERICA COCOA
MARKET, BY TYPE, 2020 & 2028 (IN %)
FIGURE 14: LATIN AMERICA COCOA
MARKET, BY CONVENTIONAL, 2021-2028 (IN $ MILLION)
FIGURE 15: LATIN AMERICA COCOA
MARKET, BY ORGANIC, 2021-2028 (IN $ MILLION)
FIGURE 16: LATIN AMERICA COCOA
MARKET, BY END-USER, 2020 & 2028 (IN %)
FIGURE 17: LATIN AMERICA COCOA
MARKET, BY CONFECTIONERY, 2021-2028 (IN $ MILLION)
FIGURE 18: LATIN AMERICA COCOA
MARKET, BY FOOD & BEVERAGES, 2021-2028 (IN $ MILLION)
FIGURE 19: LATIN AMERICA COCOA
MARKET, BY BAKERY, 2021-2028 (IN $ MILLION)
FIGURE 20: LATIN AMERICA COCOA
MARKET, BY OTHER END-USERS, 2021-2028 (IN $ MILLION)
FIGURE 21: LATIN AMERICA COCOA
MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)
FIGURE 22: BRAZIL COCOA MARKET
2021-2028 (IN $ MILLION)
FIGURE 23: MEXICO COCOA MARKET
2021-2028 (IN $ MILLION)
FIGURE 24: REST OF LATIN
AMERICA COCOA MARKET 2021-2028 (IN $ MILLION)