EUROPE COCOA MARKET 2021-2028

Consumer Goods & Services | Food & Beverages

EUROPE COCOA MARKET 2021-2028

Market by Process, Quality, Product, Type, End-user, and Country | Forecast 2021-2028

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As per Triton’s report, the European cocoa market is estimated to witness progress at a compound annual growth rate of 4.13% during the projected years of 2021-2028.


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The countries studied in this market comprise:

•        The United Kingdom

•        Spain

•        Germany

•        Italy

•        France

•        Russia

•        Rest of Europe

Europe is considered the largest market for cocoa. Moreover, the country’s processing and manufacturing industries are strong, requiring high volumes of cocoa beans. In recent years, the demand for specialty cocoa has grown significantly across the region’s market. Additionally, the region’s cocoa market is diverse as cocoa beans are sourced from various origins to cater to broad demand for diverse chocolate products. Furthermore, the presence of prominent chocolate-producing companies such as Mars, Ferrero, and Hershey’s, increases the demand for cocoa beans for chocolate production. Therefore, all these factors are responsible for the robust growth of the cocoa market across the European region.

Furthermore, the United Kingdom is among the main cocoa consumers in the region. Moreover, the British chocolate segment is becoming more specialized. Thus, even though consumers purchase low-quality chocolate through mainstream retailers, the specialty segment is gaining traction in the country. In this regard, the demand for premium and dark chocolates have surged in the past few years. Hence, the growing number of consumers opting for specialty chocolate is anticipated to propel the cocoa market on a progressive path over the forecast period.

Barry Callebaut AG manufactures and markets cocoa and chocolate products. It provides compounds, chocolate fillings, nuts, and cocoa powders to its wide consumer base. Additionally, the company provides a wide range of product development, processing, training, and marketing services. Barry serves various food manufacturers, such as pastry chefs, bakers, hotels, restaurants, and caterers. It has operations at various locations, with headquarters in Zurich, Switzerland. 

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Table of Content

1. EUROPE COCOA MARKET - SUMMARY

2. INDUSTRY OUTLOOK

2.1. IMPACT OF COVID-19 ON COCOA MARKET

2.2. KEY INSIGHTS

2.2.1. INFLUENCE OF WESTERN FLAVORS

2.2.2. COCOA POWDER COLOR TRENDS

2.2.3. SINGLE-ORIGIN COCOA AND CHOCOLATES

2.3. PORTER’S FIVE FORCES ANALYSIS

2.3.1. THREAT OF NEW ENTRANTS

2.3.2. THREAT OF SUBSTITUTES

2.3.3. BARGAINING POWER OF BUYERS

2.3.4. BARGAINING POWER OF SUPPLIERS

2.3.5. THREAT OF COMPETITIVE RIVALRY

2.4. MARKET ATTRACTIVENESS INDEX

2.5. VENDOR SCORECARD

2.6. KEY MARKET STRATEGIES

2.6.1. ACQUISITIONS

2.6.2. PRODUCT DEVELOPMENTS

2.6.3. CONTRACTS & AGREEMENTS

2.6.4. INVESTMENT & EXPANSIONS

2.7. MARKET DRIVERS

2.7.1. RISE IN DEMAND FOR CHOCOLATE

2.7.2. HEALTH BENEFITS OF COCOA

2.8. MARKET CHALLENGES

2.8.1. LOW PRODUCTIVITY

2.8.2. PRICE FLUCTUATIONS OF COCOA

2.9. MARKET OPPORTUNITIES

2.9.1. RUBY COCOA BEANS

2.9.2. BEAN-TO-BAR CHOCOLATE

3. EUROPE COCOA MARKET OUTLOOK - BY PROCESS

3.1. DUTCH-PROCESS

3.2. NATURAL PROCESS

4. EUROPE COCOA MARKET OUTLOOK – BY QUALITY

4.1. BULK

4.2. SPECIALTY

4.3. FINE FLAVOR

5. EUROPE COCOA MARKET OUTLOOK – BY PRODUCT

5.1. COCOA LIQUOR

5.2. COCOA POWDER

5.3. COCOA BUTTER

6. EUROPE COCOA MARKET OUTLOOK – BY TYPE

6.1. CONVENTIONAL

6.2. ORGANIC

7. EUROPE COCOA MARKET OUTLOOK – BY END-USER

7.1. CONFECTIONERY

7.2. FOOD & BEVERAGES

7.3. BAKERY

7.4. OTHER END-USERS

8. EUROPE COCOA MARKET – REGIONAL OUTLOOK

8.1. UNITED KINGDOM

8.2. GERMANY

8.3. FRANCE

8.4. SPAIN

8.5. ITALY

8.6. RUSSIA

8.7. REST OF EUROPE

9. COMPETITIVE LANDSCAPE

9.1. CARGILL INCORPORATED

9.2. MEIJI HOLDINGS CO LTD

9.3. NESTLE SA

9.4. PURATOS GROUP

9.5. OLAM INTERNATIONAL LIMITED

9.6. GUAN CHONG BERHAD

9.7. BARRY CALLEBAUT AG

9.8. NATRA SA

9.9. BLOMMER CHOCOLATE COMPANY

9.10. THE HERSHEY COMPANY

9.11. MONDELEZ INTERNATIONAL

9.12. FERRERO GROUP

9.13. LINDT AND SPRÜNGLI AG      

9.14. ARCHER DANIELS MIDLAND

9.15. TOUTON SA

10. RESEARCH METHODOLOGY & SCOPE

10.1. RESEARCH SCOPE & DELIVERABLES

10.2. SOURCES OF DATA

10.3. RESEARCH METHODOLOGY

List of Tables

TABLE 1: EUROPE COCOA MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)

TABLE 2: VENDOR SCORECARD

TABLE 3: LIST OF ACQUISITIONS

TABLE 4: LIST OF PRODUCT DEVELOPMENTS

TABLE 5: LIST OF CONTRACTS & AGREEMENTS

TABLE 6: LIST OF INVESTMENT & EXPANSIONS

TABLE 7: THE TOP 10 COCOA PRODUCING COUNTRIES IN 2021

TABLE 8: EUROPE COCOA MARKET, BY PROCESS, 2021-2028 (IN $ MILLION)

TABLE 9: EUROPE COCOA MARKET, BY QUALITY, 2021-2028 (IN $ MILLION)

TABLE 10: EUROPE COCOA MARKET, BY PRODUCT, 2021-2028 (IN $ MILLION)

TABLE 11: EUROPE COCOA MARKET, BY TYPE, 2021-2028 (IN $ MILLION)

TABLE 12: EUROPE COCOA MARKET, BY END-USER, 2021-2028 (IN $ MILLION)

TABLE 13: EUROPE COCOA MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)

List of Figures

FIGURE 1: MARKET ATTRACTIVENESS INDEX

FIGURE 2: EUROPE COCOA MARKET, BY PROCESS, 2020 & 2028 (IN %)

FIGURE 3: EUROPE COCOA MARKET, BY DUTCH-PROCESS, 2021-2028 (IN $ MILLION)

FIGURE 4: EUROPE COCOA MARKET, BY NATURAL PROCESS, 2021-2028 (IN $ MILLION)

FIGURE 5: EUROPE COCOA MARKET, BY QUALITY, 2020 & 2028 (IN %)

FIGURE 6: EUROPE COCOA MARKET, BY BULK, 2021-2028 (IN $ MILLION)

FIGURE 7: EUROPE COCOA MARKET, BY SPECIALTY, 2021-2028 (IN $ MILLION)

FIGURE 8: EUROPE COCOA MARKET, BY FINE FLAVOR, 2021-2028 (IN $ MILLION)

FIGURE 9: EUROPE COCOA MARKET, BY PRODUCT, 2020 & 2028 (IN %)

FIGURE 10: EUROPE COCOA MARKET, BY COCOA LIQUOR, 2021-2028 (IN $ MILLION)

FIGURE 11: EUROPE COCOA MARKET, BY COCOA POWDER, 2021-2028 (IN $ MILLION)

FIGURE 12: EUROPE COCOA MARKET, BY COCOA BUTTER, 2021-2028 (IN $ MILLION)

FIGURE 13: EUROPE COCOA MARKET, BY TYPE, 2020 & 2028 (IN %)

FIGURE 14: EUROPE COCOA MARKET, BY CONVENTIONAL, 2021-2028 (IN $ MILLION)

FIGURE 15: EUROPE COCOA MARKET, BY ORGANIC, 2021-2028 (IN $ MILLION)

FIGURE 16: EUROPE COCOA MARKET, BY END-USER, 2020 & 2028 (IN %)

FIGURE 17: EUROPE COCOA MARKET, BY CONFECTIONERY, 2021-2028 (IN $ MILLION)

FIGURE 18: EUROPE COCOA MARKET, BY FOOD & BEVERAGES, 2021-2028 (IN $ MILLION)

FIGURE 19: EUROPE COCOA MARKET, BY BAKERY, 2021-2028 (IN $ MILLION)

FIGURE 20: EUROPE COCOA MARKET, BY OTHER END-USERS, 2021-2028 (IN $ MILLION)

FIGURE 21: EUROPE COCOA MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)

FIGURE 22: UNITED KINGDOM COCOA MARKET 2021-2028 (IN $ MILLION)

FIGURE 23: GERMANY COCOA MARKET 2021-2028 (IN $ MILLION)

FIGURE 24: FRANCE COCOA MARKET 2021-2028 (IN $ MILLION)

FIGURE 25: SPAIN COCOA MARKET 2021-2028 (IN $ MILLION)

FIGURE 26: ITALY COCOA MARKET 2021-2028 (IN $ MILLION)

FIGURE 27: RUSSIA COCOA MARKET 2021-2028 (IN $ MILLION)

FIGURE 28: REST OF EUROPE COCOA MARKET 2021-2028 (IN $ MILLION)

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