Cocoa Liquor Market - Trends Forecast Till 2028

Market Overview

The global Cocoa Liquor Market size is projected to reach a CAGR of 3.9% from 2021-2028.

Cocoa liquor is made from cocoa and is available in either solid or semi-solid form. It is anticipated to grow in regions where consumers' demand is high for the category of luxurious beverages. The consumer demand for more flavoured liquor is expected to fuel the growth of this market. It has wide-ranging applications in the preparation of chocolate, confectionaries, and ice-creams. Its bewildering taste is adaptive to the modern preferences of the consumers.

The modern tastes and unlimited demands of people is the factor that has supported long-term expansion for Cocoa Liquor Market.

The most lucrative markets for organic cocoa liquor are abruptly suffering due to the COVID_19 pandemic.

Regional Analysis

Asia Pacific is expected to be the largest market of commercial refrigeration equipment during the forecast period. The increasing population in the region, improving economic conditions, such as rising GDP & disposable incomes, and a booming consumer appliances sector have led to growth in the commercial refrigeration equipment in the region.

Insights are provided for each region and major countries within the regions

Competitive Landscape

Key Players

• Cargill, Inc.
• Olam International Ltd
• Barry Callebaut AG
• Guan Chong Cocoa Manufacturers Sdn.
• Natra SA
• Touton SA
• BT COCOA
• Dutch Cocoa BV
• Blommer Chocolate Company
• JB Foods
• Cemoi Chocolatier SA

Recent Developments

• November 24, 2021 - Hershey India Pvt Ltd., a part of The Hershey Company, a global snacking giant and the leading producer of chocolates in North America, announced the launch of the ‘Better-For-You’ variant for its premium chocolate Hershey’s Kisses. Catering to the consumer trend of ‘conscious indulgence’, the new Hershey’s Kisses variant will consist of 30% less sugar packed within a recyclable pack – offering consumers an option that is ‘better-for-you’ and better-for-environment, too.
• October 13, 202o - Hershey India Pvt. Ltd., a part of The Hershey Company, a global snacking company and the producer of quality chocolates in North America, has strengthened its portfolio of Hershey’s premium chocolates with the launch of Hershey’s Exotic Dark chocolate.

Reasons to Acquire

• Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
• Gain authentic and granular data access for Cocoa Liquor Market so as to understand the trends and the factors involved behind changing market situations
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope