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Global Organic Cocoa Market Report | Industry Outlook, Analysis and Forecast 2016-2022

  • ID : 5380287  |  
  • Published : Oct-2017  |  
  • Region : Global  |  
  • Pages : 96   |  
  • Publisher : Market Research Future

Market Scenario:

The Olmecs first discovered that the cocoa fruit was edible by observing rats eating it with insatiable energy. They soon realized the tree produced a fruit with a thousand flavors and nearly as many uses. The cocoa bean is a dried and fully fermented seed, from which cocoa solids and cocoa butter can be extracted. These beans are the basis of chocolate, and are used in some other foods as well such as Mesoamerican foods. It is the heated form of cacao which undergoes a high temperature of heat during the processing. It still retains a large amount of antioxidants and is good for heart, skin, blood pressure, and stress levels. Organic cocoa is a bit more acidic and bitter than the normal cocoa. Organic cocoa is majorly used by premium chocolate brands to make chocolates. It is also used in personal care products as organic cocoa contains nutrients such as minerals, vitamins, antioxidants, and others which are beneficial for maintaining a healthy skin.

Demand for premium chocolate brand by consumers is increasing which is in turn escalating the demand for organic cocoa. Consumers are fond of chocolates but they are also conscious about their health which allows these chocolate brands to manufacture chocolate using organic cocoa. Consumers are demanding for natural chocolates without the use of any chemicals and artificial ingredients. Due to this, there is an increasing growth of organic cocoa market.

Consumers have become health conscious now a days, so they are shifting their food habits to natural, organic as well as nutritious foods. Consumers have become aware about the nutritional benefits available in the food they are consuming, thus they are shifting towards organic products to gain the nutrition. Organic cocoa offers nutrients such as proteins, dietary fibres, iron, minerals, vitamins, and others. In addition to this, the cholesterol content in it is almost negligible. It contains cocoa butter, which is a mixture of monounsaturated fats like oleic acid and saturated fats, namely stearic acid and palmitic acid. Because of these high nutritional benefits from the use of organic cocoa, consumers are shifting towards the products made of organic cocoa. Demand for clean labelled food & beverages products has been expanding in recent years, these factors will drive the organic cocoa market. With growing consumer awareness and increasing incident of diseases coupled with emerging trend of food traceability throughout the production and distribution involved in the supply chain in order to identify and address risks and protect public health will further accelerate the demand of clean labelled cocoa and chocolate manufactured from them.

Regional Analysis:

The Global organic cocoa Market is segmented into America, Africa and Rest of the world. Among the region, America region is estimated to account for the highest market proportion in the year of 2017 and it is expected to continue throughout the forecast period of 2017-2023. Among the American countries, Ecuador is holding 15.55% of market proportion in the Americas organic cocoa market in the year of 2017 and it is estimated to register a healthy CAGR of 7.68%. However, Peru is estimated to witness a substantial growth rate of 20.53% during the forecast period of 2016-2022.

Segments:

Organic cocoa is segmented on the basis of application which are Bakery & confectionery, Functional Food & Beverages, Personal Care Products, Pharmaceuticals and others. Among the application, bakery & confectionery is accounting for approximately 50% market proportion and the segment is expected to retain its dominance throughout the forecast period of 2016-2022. Bakery & confectionery segment is expected to reach 81 kilo tons in terms of volume by the end of 2022. However, personal care products is projected to witness high growth of 13.33% during the forecast period.

Key Players:

The leading market players in the global organic cocoa market primarily are Olam (Uganda) Limited (Uganda), BT Cocoa (Indonesia),Tradin Organic Agriculture B.V. (U.S.), Conacado Agroindustrial S.A.(Dominican Republic), Barry Callebaut AG (Switzerland), Blommer chocolate company (U.S.), Mars Inc. (U.S.)

Target Audience:

Global organic cocoa manufacturers

Raw material suppliers

Retailers and wholesalers

E-commerce companies

Traders, importers and exporters

Key Findings:

• Organic cocoa market is estimated to reach USD 585 million by the end of 2022 with registering a CAGR of 12.16%

• Organic cocoa market in Americas is expected to witness substantial growth during the forecast period

Regional and Country Analysis of Global Organic cocoa Market Development and Demand Forecast to 2022 Market

As per the MRFR analysis, the global organic cocoa market is expected to reach 169 kilo tons by 2022 at a CAGR of 11.56% during the forecasted period.

The reports also cover country level analysis:

o America

• Brazil

• Ecuador

• Colombia

• Peru

• Mexico

• Dominican Republic

• Haiti

• Others

o Africa

• Côte d'Ivoire

• Ghana

• Cameroon

• Nigeria

• Togo

• Uganda

• Others

o Rest of the World

• Indonesia

• Papua New Guinea

• India

• Philippines

• Others

1 Executive Summary 9

2 Introduction 10

2.1 Definition 10

2.1.1 Organic Cocoa 10

2.1.2 Hypothesis suggesting history of cocoa production 10

2.2 Scope of the Study 11

2.2.1 Research Methodology 11

2.3 Assumptions 11

2.4 Limitations 11

2.5 Market Structure 12

2.5.1 Global Organic Cocoa, By Application 12

2.5.2 Global Organic Cocoa, By Region 12

3 Research Methodology 13

3.1 Research Process 13

3.2 Primary Research 15

3.3 Secondary Research 16

3.4 Forecast Model 17

4 Premium Insights 18

4.1 Global Organic Cocoa Market: Market Mapping & Research Methodology 18

4.2 Market Overview: Global Organic Cocoa Market 19

4.3 Industry Trends and Market Environment: Global Organic Cocoa Market , 2017E 19

4.4 Regulatory Framework: Global Organic Cocoa Market 20

4.5 General requirements for cocoa beans, cocoa derivatives and chocolate products to be labelled “(100%) Organic”: 21

4.6 Organizations controlling organic cocoa production 21

4.7 Harvesting Period 22

5 Market Dynamics 23

5.1 Introduction 23

5.2 Drivers: 24

5.2.1 Increasing demand for organic food: 24

5.2.2 Escalating demand for premium chocolate brands: 24

5.2.3 Strong focus on R&D: 25

5.2.4 Rising awareness about nutritional benefits: 25

5.3 Restraints: 26

5.3.1 Price fluctuations: 26

5.3.2 Unattractive employment: 26

5.4 Opportunities: 27

5.4.1 Increasing demand for clean label products: 27

5.4.2 Strong performance of food service industries and retail channels: 27

5.4.3 Product Promotions: 27

5.5 Challenges: 29

5.5.1 Soil and climatic conditions: 29

5.5.2 Inadequate finance availability: 29

5.5.3 Political Crisis: 30

6 Mega Trends 31

6.1 Trade (Import-export) Analysis 31

6.1.1 Conventional Cocoa Bean Export Analysis 31

6.1.2 Conventional Cocoa Bean Import Analysis 33

6.2 Demand/Supply Analysis 34

6.3 Macroeconomic indicators analysis 35

7 Market Factor Analysis 38

7.1 Introduction 38

7.2 Value Chain Analysis 38

7.3 Supply Chain Analysis 39

7.4 Porter's Five Forces 42

7.4.1 Porter's 5 Forces Analysis: Organic Cocoa Market 42

7.4.2 Threat of New Entrants 43

7.4.3 Threat of Substitutes 43

7.4.4 Bargaining Power of Buyers 44

7.4.5 Bargaining Power of Suppliers 44

7.4.6 Intensity of Rivalry 44

8 Market Share Analysis: Major Conventional Cocoa Processors 46

8.1 Ivory Coast Conventional Cocoa Processors 46

8.2 Ghana Conventional Cocoa Processors 47

8.3 Indonesia Conventional Cocoa Processors 48

9 Global Organic and Conventional Cocoa Market Overview 49

9.1 Global Organic Cocoa Market 49

9.2 Global Organic Cocoa Market by Application 50

9.3 Global Conventional Cocoa Market 51

10 Africa Organic and Conventional Cocoa Market Overview 53

10.1 Africa Organic Cocoa Market 53

10.2 Africa Organic Cocoa Market by Application 55

10.3 Africa Conventional Cocoa Market 56

10.4 Price trends of Organic and Conventional Cocoa Market in Africa 58

11 America Organic and Conventional Cocoa Market Overview 61

11.1 America Organic Cocoa Market 61

11.2 America Organic Cocoa Market by Application 63

11.3 America Conventional Cocoa Market 64

11.4 Price trends of Organic and Conventional Cocoa Market in America 66

12 Rest of World Organic and Conventional Cocoa Market Overview 69

12.1 Rest of World Organic Cocoa Market 69

12.2 Rest of World Organic Cocoa Market by Application 71

12.3 Rest of World Conventional Cocoa Market 72

12.4 Price trends of Organic and Conventional Cocoa Market in Rest of World 74

13 Global Organic Cocoa Suppliers Profiles/Analysis 77

13.1 Olam (Uganda) Limited (Uganda) 77

13.2 Uganda Cocoa & Commodities Limited (Uganda) 77

13.3 BT Cocoa (Indonesia) 79

13.4 Tradin Organic Agriculture B.V. (U.S.) 80

13.5 The Biolands Group (Tanzania) 80

13.6 Conacado Agroindustrial S.A. (Dominican Republic) 82

14 Global Organic Cocoa Buyers Profiles/Analysis 83

14.1 Barry Callebaut AG (Switzerland) 83

14.2 Olam International (Singapore) 84

14.3 Blommer chocolate company (U.S.) 85

14.4 Camino/ La Siembra (Canada) 86

14.5 Mars Inc. (U.S.) 87

TABLE 1 INSTITUTIONS AND AGENCIES INVOLVED IN ORGANIC COCOA CERTIFICATION 20

TABLE 2 PESTLE ANALYSIS OF ORGANIC COCOA MARKET 35

TABLE 3 PESTLE ANALYSIS: IVORY COAST 35

TABLE 4 PESTLE ANALYSIS-INDONESIA 36

TABLE 5 PESTLE ANALYSIS- MEXICO 36

TABLE 6 MAJOR PROCESSORS OF CONVENTIONAL COCOA IN IVORY COAST 46

TABLE 7 MAJOR PROCESSORS OF CONVENTIONAL COCOA IN GHANA 47

TABLE 8 MAJOR PROCESSORS OF CONVENTIONAL COCOA IN INDONESIA 48

TABLE 9 GLOBAL ORGANIC COCOA MARKET BY VOLUME, 2007-2015, KILO TONS 49

TABLE 10 GLOBAL ORGANIC COCOA MARKET BY VOLUME, 2016-2022, KILO TONS 49

TABLE 11 GLOBAL ORGANIC COCOA MARKET BY VALUE, 2007-2015, USD MILLION 49

TABLE 12 GLOBAL ORGANIC COCOA MARKET BY VALUE, 2016-2022, USD MILLION 50

TABLE 13 GLOBAL ORGANIC COCOA MARKET VOLUME BY APPLICATION, 2007-2015, KILO TONS 50

TABLE 14 GLOBAL ORGANIC COCOA MARKET VOLUME BY APPLICATION, 2016-2022, KILO TONS 51

TABLE 15 GLOBAL CONVENTIONAL COCOA MARKET BY VOLUME, 2007-2015, KILO TONS 51

TABLE 16 GLOBAL CONVENTIONAL COCOA MARKET BY VOLUME, 2016-2022, KILO TONS 51

TABLE 17 GLOBAL CONVENTIONAL COCOA MARKET BY VALUE, 2007-2015, USD BILLION 52

TABLE 18 GLOBAL CONVENTIONAL COCOA MARKET BY VALUE, 2016-2022, USD BILLION 52

TABLE 19 AFRICA ORGANIC COCOA MARKET BY VOLUME, 2007-2015, KILO TONS 53

TABLE 20 AFRICA ORGANIC COCOA MARKET BY VOLUME, 2016-2022, KILO TONS 53

TABLE 21 AFRICA ORGANIC COCOA MARKET BY VALUE, 2007-2015, USD MILLION 54

TABLE 22 AFRICA ORGANIC COCOA MARKET BY VALUE, 2016-2022, USD MILLION 54

TABLE 23 AFRICA ORGANIC COCOA MARKET VOLUME BY APPLICATION, 2007-2015, KILO TONS 55

TABLE 24 AFRICA ORGANIC COCOA MARKET VOLUME BY APPLICATION, 2016-2022, KILO TONS 55

TABLE 25 AFRICA CONVETIONAL COCOA MARKET BY VOLUME, 2007-2015, KILO TONS 56

TABLE 26 AFRICA CONVETIONAL COCOA MARKET BY VOLUME, 2016-2022, KILO TONS 56

TABLE 27 AFRICA CONVETIONAL COCOA MARKET BY VALUE, 2007-2015, USD BILLION 57

TABLE 28 AFRICA CONVETIONAL COCOA MARKET BY VALUE, 2016-2022, USD BILLION 57

TABLE 29 PREMIUM % OF ORGANIC COCOA IN AFRICA, 2007-2016 60

TABLE 30 PREMIUM % OF ORGANIC COCOA IN AFRICA, 2017-2022 60

TABLE 31 AMERICA ORGANIC COCOA MARKET BY VOLUME, 2007-2015, KILO TONS 61

TABLE 32 AMERICA ORGANIC COCOA MARKET BY VOLUME, 2016-2022, KILO TONS 61

TABLE 33 AMERICA ORGANIC COCOA MARKET BY VALUE, 2007-2015, USD MILLION 61

TABLE 34 AMERICA ORGANIC COCOA MARKET BY VALUE, 2016-2022, USD MILLION 62

TABLE 35 AMERICA ORGANIC COCOA MARKET VOLUME BY APPLICATION, 2007-2015, KILO TONS 63

TABLE 36 AMERICA ORGANIC COCOA MARKET VOLUME BY APPLICATION, 2016-2022, KILO TONS 63

TABLE 37 AMERICA CONVENTIOANAL COCOA MARKET BY VOLUME, 2007-2015, KILO TONS 64

TABLE 38 AMERICA CONVENTIOANAL COCOA MARKET BY VOLUME, 2016-2022, KILO TONS 64

TABLE 39 AMERICA CONVENTIOANAL COCOA MARKET BY VALUE, 2007-2015, USD BILLION 65

TABLE 40 AMERICA CONVENTIOANAL COCOA MARKET BY VALUE, 2016-2022, USD BILLION 65

TABLE 41 PREMIUM % OF ORGANIC COCOA IN AMERICA, 2007-2016 68

TABLE 42 PREMIUM % OF ORGANIC COCOA IN AMERICA, 2017-2022 68

TABLE 43 REST OF WORLD ORGANIC COCOA MARKET BY VOLUME, 2007-2015, KILO TONS 69

TABLE 44 REST OF WORLD ORGANIC COCOA MARKET BY VOLUME, 2016-2022, KILO TONS 69

TABLE 45 REST OF WORLD ORGANIC COCOA MARKET BY VALUE, 2007-2015, USD MILLION 70

TABLE 46 REST OF WORLD ORGANIC COCOA MARKET BY VALUE, 2016-2022, USD MILLION 70

TABLE 47 REST OF WORLD ORGANIC COCOA MARKET VOLUME BY APPLICATION, 2007-2015, KILO TONS 71

TABLE 48 REST OF WORLD ORGANIC COCOA MARKET VOLUME BY APPLICATION, 2007-2015, KILO TONS 71

TABLE 49 REST OF WORLD CONVENTIONAL COCOA MARKET BY VOLUME, 2007-2015, KILO TONS 72

TABLE 50 REST OF WORLD CONVENTIONAL COCOA MARKET BY VOLUME, 2016-2022, KILO TONS 72

TABLE 51 REST OF WORLD CONVENTIONAL COCOA MARKET BY VALUE, 2007-2015, USD BILLION 73

TABLE 52 REST OF WORLD CONVENTIONAL COCOA MARKET BY VALUE, 2016-2022, USD BILLION 73

TABLE 53 PREMIUM % OF ORGANIC COCOA IN REST OF WORLD, 2007-2016 76

TABLE 54 PREMIUM % OF ORGANIC COCOA IN REST OF WORLD, 2017-2022 76

TABLE 55 OLAM (UGANDA) LIMITED: COMPANY OVERVIEW 77

TABLE 56 OLAM (UGANDA) LIMITED: PRODUCTION CAPACITY 77

TABLE 57 UGANDA COCOA & COMMODITIES LIMITED: COMPANY OVERVIEW 77

TABLE 58 UGANDA COCOA & COMMODITIES LIMITED: PRODUCTION CAPACITY 78

TABLE 59 BT COCOA: COMPANY OVERVIEW 79

TABLE 60 BT COCOA: PRODUCTION CAPACITY 79

TABLE 61 TRADIN ORGANIC AGRICULTURE B.V.: COMPANY OVERVIEW 80

TABLE 62 1.4.2 TRADIN ORGANIC AGRICULTURE B.V.: PRODUCTION CAPACITY 80

TABLE 63 THE BIOLANDS GROUP: COMPANY OVERVIEW 80

TABLE 64 THE BIOLANDS GROUP: PRODUCTION CAPACITY 81

TABLE 65 CONACADO AGROINDUSTRIAL S.A.: COMPANY OVERVIEW 82

TABLE 66 CONACADO AGROINDUSTRIAL S.A.: PRODUCTION CAPACITY 82

TABLE 67 BARRY CALLEBAUT AG: COMPANY OVERVIEW 83

TABLE 68 BARRY CALLEBAUT AG: BUYING CAPACITY 83

TABLE 69 OLAM INTERNATIONAL: COMPANY OVERVIEW 84

TABLE 70 OLAM INTERNATIONAL: BUYING CAPACITY 84

TABLE 71 BLOMMER CHOCOLATE COMPANY: COMPANY OVERVIEW 85

TABLE 72 BLOMMER CHOCOLATE COMPANY: BUYING CAPACITY 85

TABLE 73 CAMINO/ LA SIEMBRA: COMPANY OVERVIEW 86

TABLE 74 CAMINO/ LA SIEMBRA: BUYING CAPACITY 86

TABLE 75 MARS INC.: COMPANY OVERVIEW 87

TABLE 76 MARS INC.: BUYING CAPACITY 87

FIGURE 1 RESEARCH PROCESS OF MRFR 14

FIGURE 2 PRIMARY RESEARCH PROCESS 15

FIGURE 3 SECONDARY RESEARCH PROCESS: TOP DOWN & BOTTOM UP APPROACH 16

FIGURE 4 FORECAST MODEL 17

FIGURE 5 MARKET SEGMENTATION: GLOBAL ORGANIC COCOA MARKET 19

FIGURE 6 PRODUCT LIFECYLE: GLOBAL ORGANIC COCOA MARKET 19

FIGURE 7 DRIVERS & RESTRAINTS IMPACT ANALYSIS OF ORGANIC COCOA 23

FIGURE 8 TRENDS IN CONVENTIONAL COCOA BEAN EXPORTS (2012-2016), TONS 31

FIGURE 9 GLOBAL CONVENTIONAL COCOA BEAN EXPORT SHARE ANALYSIS (2012 VS 2016) 32

FIGURE 10 TREND IN CONVENTIONAL COCOA BEAN IMPORTS (2012-2016), TONS 33

FIGURE 11 GLOBAL CONVENTIONAL COCOA BEAN IMPORT SHARE ANALYSIS (2012 VS 2016) 33

FIGURE 12 VALUE CHAIN ANALYSIS OF GLOBAL ORGANIC COCOA MARKET 38

FIGURE 13 STAGES IN VALUE CHAIN PROCESSING OF ORGANIC COCOA 39

FIGURE 14 SUPPLY CHAIN ANALYSIS OF GLOBAL ORGANIC COCOA MARKET 40

FIGURE 15 STAGES INVOLVED IN THE SUPPLY CHAIN OF ORGANIC COCOA 40

FIGURE 16 PORTER'S 5 FORCES ANALYSIS OF GLOBAL ORGANIC COCOA MARKET 42

FIGURE 17 BRAND SHARE ANALYSIS 46

FIGURE 18 BRAND SHARE ANALYSIS 47

FIGURE 19 BRAND SHARE ANALYSIS 48

FIGURE 20 PRICE TREND OF ORGANIC COCOA IN AFRICA, USD/TON, 2007-2017 58

FIGURE 21 PRICE TREND OF ORGANIC COCOA IN AFRICA, USD/TON, 2018-2022 58

FIGURE 22 PRICE TREND OF CONVENTIONAL COCOA IN AFRICA, USD/TON (2007-2017) 59

FIGURE 23 PRICE TREND OF CONVENTIONAL COCOA IN AFRICA, USD/TON (2018-2022) 59

FIGURE 24 PRICE TREND OF ORGANIC COCOA IN AMERICA, USD/TON, 2007-2017 66

FIGURE 25 PRICE TREND OF ORGANIC COCOA IN AMERICA, USD/TON, 2018-2022 66

FIGURE 26 PRICE TREND OF CONVENTIONAL COCOA IN AMERICA, USD/TON, 2007-2017 67

FIGURE 27 PRICE TREND OF CONVENTIONAL COCOA IN AMERICA, USD/TON, 2018-2022 67

FIGURE 28 PRICE TREND OF ORGANIC COCOA IN REST OF WORLD, USD/TON, 2007-2017 74

FIGURE 29 PRICE TREND OF ORGANIC COCOA IN REST OF WORLD, USD/TON, 2018-2022 74

FIGURE 30 PRICE TREND OF CONVENTIONAL COCOA IN REST OF WORLD, USD/TON 75

FIGURE 31 PRICE TREND OF CONVENTIONAL COCOA IN REST OF WORLD, USD/TON, 2018-2022 75

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