Today: December 14, 2017, 6:06 pm
  
Business

$19.24 billion worth is expected for Latin America Cocoa and Chocolate Market by 2021

Latin America Cocoa and Chocolate Market
Latin America Cocoa and Chocolate Market
Regional and country-level analysis and forecasts of the Latin America Cocoa and Chocolate Market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions those are still untapped

 

PR-Inside.com: 2017-12-07 12:40:26
According to the report “Latin America Cocoa and Chocolate Market By Chocolate Type (Dark Chocolate, Milk Chocolate, White Chocolate And Filled Chocolate) By Cocoa Type (Cocoa Butter, Cocoa Liquor And Cocoa Powder) By Application (Cosmetics, Pharmaceuticals, Food And Beverage And Confectionery), And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2016–2021)” published by Market Data Forecast, The Latin America Cocoa and Chocolate Market was worth $17.24 billion in 2016 and estimated to be growing at a CAGR of 2.19%, to reach $19.24 billion by 2021.


Browse details of 135 pages research report on Latin America Cocoa and Chocolate Market @ www.marketdataforecast.com/market-reports/latin-america-cocoa-an ..

Latin America Cocoa and Chocolate Market Overview:

The Latin America Cocoa and Chocolate Market is growing steadily in the mentioned period. Cocoa content in the chocolate defines the category of the chocolate. Milk chocolate has the highest share of about 50% of all the chocolate consumption but they contain approximately 10% cocoa, content-wise. While, chocolate is considered as “dark chocolate” if it has above 60% cocoa in it.

The Latin America Cocoa and Chocolate Market have been growing at a steady pace. Strong demand is driving the cocoa and chocolate market in the Latin America. Cocoa provides flavour, colour and texture to products. Additionally, it has anti-inflammatory, anti-oxidative and anti-depressant properties. The market for these ingredients is growing especially in the developing economies like China and India. Dark chocolate contains even higher amounts of antioxidants, which are perceived to prevent certain types of diseases like Cardiac arrest. Health benefits like these, believed by certain people and doctors, have been the main reason behind growth for

products with high quantities of cocoa.

Fast and steady growth in demand is not evenly matched against an unpredictable and unstable supply. But chocolate consumers are not generally price sensitive. Except in some very rare circumstances consumers are, in general, ready to purchase cocoa product at any given price. The growing demand for chocolate and cocoa in industries is the major driver of the market. The health-related benefit of chocolate and cocoa in cosmetics and pharmaceuticals has enough evidence needed to back manufacturers in order to consider using such ingredients.

Avail Free Sample Market Brochure of the report for more information, Get a Copy @ www.marketdataforecast.com/market-reports/latin-america-cocoa-an ..

Latin America Cocoa and Chocolate Market Segmentation:

The Latin America Cocoa and Chocolate Market is characterized on the basis of Chocolate Type (Dark Chocolate, White Chocolate, Milk Chocolate and Filled Chocolate), by Cocoa type (Cocoa Liquor, Cocoa Powder and Cocoa Butter). Based on Application, the market is segmented into Food and Beverage, Pharmaceuticals, Cosmetics, and Confectionery. The milk and white chocolate segment is estimated to grow at the highest rate. Brazil has the fastest growth rate, and Mexico has the largest market share in Latin America. The cocoa liquor segment leads the cocoa market in 2016. Consumer awareness about health benefits of cocoa has led to some of the important innovations in the Latin America cocoa and chocolate industry.

Some of the major companies dominating the Latin America Cocoa and Chocolate Market are:

Barry Callebaut, Indcresa, Blommer and JB Foods Limited, ADM, Plot Ghana, Dutch Cocoa, Cargill, Bunge and Cocoa Processing Company Limited

Make an Inquiry before buying @

www.marketdataforecast.com/market-reports/latin-america-cocoa-an ..

Browse other related reports:

North America Cocoa and Chocolate Market - www.marketdataforecast.com/market-reports/north-america-cocoa-an ..

Europe Cocoa and Chocolate Market - www.marketdataforecast.com/market-reports/europe-cocoa-and-choco ..

APAC Cocoa and Chocolate Market - www.marketdataforecast.com/market-reports/asia-pacific-cocoa-and ..

MEA Cocoa and Chocolate Market - www.marketdataforecast.com/market-reports/middle-east-and-africa ..

About Us:

Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialties with competitive pricing options.

Media Contact:

Abhishek Shukla

Sales Manager (International Business Development)

Market Data Forecast

www.marketdataforecast.com

Direct Line: +1-888-702-9626; Mobile: +91 998 555 0206

Mail: abhishek@marketdataforecast.com

Visit MarketDataForecast Blog @ www.marketdataforecast.com/blog/

Press Information


Published by
chaitanya inampudi
+917680952236
e-mail
www.marketdataforecast.com/



# 735 Words
Related Articles
More From The Author
Latin America Crude Sulfate Turpentine Market Expected [..]
According to the report “Latin America Crude Sulfate Turpentine Market By Type (Alpha Pinene, Beta Pinene, Delta 3 Carene, Camphene, [..]
Asia Pacific Spine Biologics Market is estimated [..]
Spine Biologics are the techniques which are used in spine fusion surgeries for treating spinal issues like tumours, trauma, spinal [..]
Global Depth Filtration Market about to cross [..]
In this method, particulate matter is retained throughout the vertical distance of medium by porous filtration medium, different from [..]
Europe Release Agents Market Growth Forecast Report [..]
Release agents are an essential part of numerous manufacturing processes. They are often crucial, but are not understood for [..]
Latin America Active Implantable Medical Devices Market [..]
The Latin America Active Implantable Medical Devices market is anticipated to grow at a 7.76% CAGR from 2016 to 2021 [..]
 
More From Business
SCOR supports actuarial science with the presentation [..]
Press Release14 December 2017 - N° 30 SCOR supports actuarial science with thepresentation of Actuarial Awards in five countries [..]
Avril Supermarché Santé goes live with SAP [..]
Avril takes a long-term approach and invests in a next-generation ERP system that can grow with them MONTREAL, Dec. 14, [..]
Seaborn Networks' CEO Larry Schwartz is Named [..]
BOSTON, Dec. 14, 2017 (GLOBE NEWSWIRE) -- Seaborn Networks ("Seaborn"), a leading developer-owner-operator of submarine [..]
Wereldhave N.V.: successfully secures US private placement [..]
Wereldhave N.V. ('Wereldhave') has reached agreement with US institutional investors to issue US private placement notes [..]
Outotec to deliver copper and cobalt technology [..]
OUTOTEC OYJ  PRESS RELEASE DECEMBER 14, 2017 AT 4:30 PM Outotec to deliver copper and cobalt technology for Shalina Resources [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.