The Global Organic Cocoa Market Size Is Expected to Grow from USD 614.34 Million In 2022 To USD 1103.85 Million By 2030, At A CAGR of 7.6% During the Forecast Period (2023-2030).
The production, handling, distribution, and consumption of cocoa beans that are certified organic and cultivated using organic agricultural methods are all included in the organic cocoa market. Since organic chocolate is made without the use of artificial fertilizers, pesticides, or genetically modified organisms (GMOs), it emphasizes environmentally friendly farming methods and environmental stewardship. Customers looking for products that promote biodiversity conservation and don't contain any chemical residues are catered to by this market segment. Chocolate bars, candies, baking components, and beverages with cocoa basis are just a few of the food and drink products that use organic cocoa. Organic certification, fair trade policies, quality standards, and supply chain traceability are important factors in the market. Market dynamics are impacted by things like customer demand for items that are ethically and healthfully sourced, sustainability programs, and laws that support organic farming.
Top Key Players Covered in The Global Organic Cocoa Market
Kraft Foods Inc. (U.S.), Ciranda (U.S.), Blommer Chocolate Company (U.S.), Artisan Confections Company (U.S.), InterNatural Foods LLC (U.S.), Wilmor Publishing Corp (U.S.), Olam International Limited (Singapore), Barry Callebaut AG (Switzerland), Tradin Organic Agriculture B.V. (Netherlands), Conacado AgroIndustrial S.A. (Dominican Republic), Cargill, Inc. (U.S.), Pascha Chocolate Co. (U.S.), Guan Chong Berhad (Malaysia), The Hershey Company (U.S.), Jindal Cocoa (India), and Other Major Players.
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At the core of our study is an in-depth analysis of the Organic Cocoa market ecosystem, where we thoroughly examine the functions and interdependencies of various market stakeholders. Through our expert utilization of trusted methodologies, including SWOT Analysis, Porter's Five Forces Analysis, and Price Trend Analysis, we offer a comprehensive understanding of both the regulatory landscape and the prevailing trends shaping the industry.
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Segmentation Analysis of the Organic Cocoa Market
Global Organic Cocoa market segments cover the Type, Application, and Distribution Channel. By application, Food and Beverages segment is Anticipated to Dominate the Market Over the Forecast period.
By Type
- Cocoa Butter
- Cocoa Liquor
- Cocoa Powder
By Application
- Food & Beverages
- Pharmaceutical
- Personal Care
- Others
By Distribution Channel
- Direct
- Indirect
The Global Organic Cocoa Market Trend Analysis
Increasing Demand for Organic Food Products
- Theobromine, which is abundant in cocoa powder, can lower inflammation and shield you against conditions including diabetes, cancer, and heart disease. The calories in cocoa powder are full of healthful compounds since cocoa is low in fat and sugar and high in phytonutrients.
- There is a reasonable amount of caffeine in organic cocoa. This aids in reducing fatigue and increasing energy. It contains not just a healthy dose of caffeine but also magnesium. About 14% of the body's recommended daily intake of magnesium is found in two tablespoons of cocoa powder. It has been discovered that magnesium naturally keeps the body energized. Thus, the market's expansion can be attributed to the advantages that organic cocoa offers above.
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Increasing Use of Organic Cocoa In Food And Beverage
- The cocoa bean yields the liquid paste, or liquor, that is used to manufacture chocolate and cocoa powder. Baking chocolate, packaged cocoa, and solid chocolate bars are all sold directly to consumers. In addition, bakers and producers of bakery goods utilize it as a coating for a range of cookies and cakes, while confectioners use it to coat candy bars, boxed chocolates, and bulk chocolate.
- Large quantities of chocolate liquor, organic cocoa powders, and mixtures of the two are used to flavor a wide range of food items and to add taste to "chocolate" goods such syrups, toppings, chocolate milk, prepared cake mixes, and medications.
By Region
- North America (US, Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
Key Industry Developments in the Global Organic Cocoa Market
In August 2021, To build a more resilient and sustainable cocoa sector, Cargill entered a multi-year research agreement with vertical farming pioneer and leader Aero Farms to build a more resilient and sustainable cocoa sector aimed at improving cocoa bean yields and developing more climate-resilient farming practices.
In August 2021, Cargill has acquired Aalst Chocolate Pte. Ltd., a Singapore-based world-class chocolate manufacturer. Pending regulatory approval and closing conditions, the acquisition will significantly expand Cargill’s Asia-Pacific footprint, adding chocolate to its existing portfolio of cocoa products.
In May 2021, Blommer Chocolate Company partnered with One Tree Planted, a global reforestation non-profit, to plant 1 tree per 2,000lbs of Milk Chocolate sold. This tree planting initiative comes in addition to their commitment to protect and restore forests in their commodity supply chains and will directly benefit the ecosystems and communities around their own and their customers facilities.
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