The global cocoa and chocolate market size is likely to grow at a healthy rate in the forecast period, with impetus from recently discovered health benefits and increasing use of healthy ingredients for manufacturing.
According to a report published by Fortune Business Insights, titled “Cocoa and Chocolate Market Size, Share and Global Trend By Product Type (Cocoa Butter Cocoa Liquor, Cocoa Powder, Dark Chocolate, White Chocolate, Milk Chocolate, Filled Chocolate), Application (Food and Beverage, Cosmetics, Pharmaceuticals), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Clinics, Online Channel, Public Channel & NGOs) and Geography Forecast till 2025,” the market was valued at US$ 43.13 Bn in 2017.
Fortune Business Insights has predicted that the global cocoa and chocolate market will grow at a rate of 5.7% and will be valued at US$ 67.22 Bn by 2025.Lits of Best Companies Covered in The Report Cocoa and Chocolates Market Report;Barry Callebaut AGCargill, Inc.Olam InternationalFuji Oil Company Ltd. (Blommer)ECOM Agroindustrial Corporation Ltd.Cocoa Processing Company LimitedTouton S.ANiche Cocoa Industry Ltd.BD Associates Ghana Ltd.PLOT Enterprise Ghana Ltd.Other PlayersHarvard Study Claims Chocolate May Reduce Risk of Heart DiseaseIn 2017, a study at Harvard suggested that if consumed in the right amount, dark chocolate may aid in reducing heart diseases.
The researchers have claimed that consumption dark chocolate in a monitored amount may reduce the risk of atrial fibrillation which is a heart condition that is related to stroke, failure, and other diseases.
The global cocoa and chocolate market is likely to benefit from these factors.Cadbury Introduces Low-Calorie Chocolate Bar, Dairy Milk sales to Break the RoofIn July 2018, Cadbury announced the launch of a low-calorie chocolate bar, where-in it claimed that the new Dairy Milk will contain 30% less sugar but the taste is likely to remain the same.
With more people now adopting to healthy lifestyle and diet, the demand this chocolate bar is likely to sky-rocket in the coming years.