It is projected that around half percentage of the cocoa produced globally is utilized for making chocolates. And, the huge demand for chocolates is certainly the prime factor heightening the demand for cocoa in the global market. A power pack of minerals and antioxidants, chocolate is increasingly being used in industries such as pharmaceuticals, confectionery, food & beverages, and others.
According to Allied Market Research, the global cocoa market is anticipated to grow at a considerable CAGR from 2021 to 2030. There are actually very few people out there who don’t really crave for chocolate. And, recently, organic chocolate has come up as one of the latest innovations within the market, since consumer demands, for the same, have experienced a steep incline in the past couple of years. However, the major winner is always the gourmet or premium chocolate segment. The formation and expansion of the chocolate market hinged on a smart union of Old World and New World.
Coenrad Van Houten casted off his proficiency as a Dutch cocoa manufacturer to utilize a persuasive technique to take out the majority of the cocoa fat from the bean in the year 1828. And, the remaining cocoa powder was more easy to blend together with water since it came out reedier and defatted. Van Houten then went on to develop an explicit process to treat the cocoa powder he formed with limy salts. This, in turn, made cocoa powder simpler to make and digest, laying it out for mass consumption.
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Now, for all the people out there who are looking for effective ways to add cocoa in their diet, this post is going to help them indeed. Just a few spoons of cocoa powder are brimming with an array of beneficial composites such as flavonoids, antioxidants, and so on. And, trying cocoa in your everyday food to hitch up its beneficial properties would certainly be the wisest move from your end.
One can easily add cocoa powder to smoothies and make it a super healthy snack option. Smoothies are naturally a great combo for high quality cocoa powder. The syrupiness of the smoothie covers the fairly bitter zest of cocoa, making an excellent snack on board.
Just a few sprinkles of cocoa powder over fresh fruits also makes a great inclusion in a healthy diet. Simply wedge up your favorite seasonal fruits and sprinkle a dash of raw cocoa powder. When it will be a super antioxidant-rich treat, fruits like banana, blueberries, pineapple, strawberries will be an ideal pairing for cocoa powder.
Last but not the least; homemade granola bars can also be an awesome pairing with cocoa powder. Spooling the bars on rich cocoa powder will impart a delectable finishing touch indeed!
So, what are you still waiting for? It’s time for you to make your diet more rich and healthy with anti-oxidants. And, there definitely cannot be a better option than cocoa!
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The report offers detailed segmentation of the global cocoa market based on product type, process, nature, quality, application, and region.
Based on nature, the conventional segment held the highest market share in 2020, holding 91% of the total market share, and is expected to continue its leadership status during the forecast period. Moreover, the organic segment is estimated to register the highest CAGR of 5.0% from 2021 to 2027.
Based on application, the confectionary segment held the largest market share in 2020, holding more than two-fifths of the total market share, and is expected to continue its leadership status during the forecast period. Moreover, the animal feed segment is projected to register the highest CAGR of 6.1% from 2021 to 2027.
Based on region, Europe contributed to the highest share in terms of revenue in 2020, holding more than two-fifths of the total market share, and is estimated to continue its dominant share by 2027. However, the Asia-Pacific region is projected to manifest the fastest CAGR of 4.6% during the forecast period.
Leading players of the global cocoa market analyzed in the research include Cargill, Inc., Olam International Ltd., Toutan S.A., Barry Callebaut AG, The Hershey Company, Guan Chong Cocoa Manufacturer SDN. BHD, Ciranda, Inc., United Cocoa Processor, Inc., Bloomer Chocolate Company, and VJ Jindal Cocoa Private Limited.
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