Market Insights
According to the latest report published by Market Research Future (MRFR), the global market size of organic cocoa market is likely to grow to USD 585 Mn by the year 585 Mn. This also indicates towards a strong growth of the market over the next couple of years. Organic cocoa-based food variants have expanded dramatically over the recent years and the trend is likely to gain further momentum in the forthcoming years. Modern consumers, especially millennials display a highly positive sentiment towards organic ingredients, which is partly supporting the growth of the market. The demand for premium grade chocolate products is on the rise, which is having a positive influence on the global sales of organic chocolate. Consumption of beverages and functional food prepared with organic ingredient is picking up steams worldwide, which in turn is prompting food brands to increase their focus on organic variants.
Key Players
Key companies operating in the global organic cocoa market include BT Cocoa (Indonesia), Conacado Agroindustrial S.A.(Dominican Republic), Blommer chocolate company (U.S.), Tradin Organic Agriculture B.V. (U.S.), Olam Limited (Uganda), Mars Inc. (U.S.) and Barry Callebaut AG (Switzerland).
Market Segmentation:
Market Research Future (MRFR) in its report offers a detailed segmental analysis of the global organic cocoa market based on application and region. By application, the market has been segmented into functional food & beverages, pharmaceuticals, bakery & confectionery, personal care products and others. The bakery and confectionery segment is expected to account for the largest share of the market during the forecast period. Use of organic chocolate in confectionary and bakery products has continued to grow over the years owing to their increasing demand from consumers. As consumers become more health conscious, brands are shifting their attention towards chemical-free healthy ingredients such as organic cocoa market. The bakery and confectionery segment currently holds more than one-third market share and is expected to exhibit a healthy growth over 2022. The functional food & beverage segment holds the second spot and will remain highly profitable in 2018 and beyond.
Access Report @ https://www.marketresearchfuture.com/reports/organic-cocoa-market-4161
Regional Analysis
By region, the market has been segmented into Americas, Africa and the rest of the world (RoW). The market for organic cocoa in the Americas is expected to remain highly lucrative over the next couple of years. Increased level of health awareness among Americans has led to an increased demand for organic food products, which characterizes the exemplary of the growth of the market in the region. Countries such as the U.S. and Canada remain the top investment destination for market players. By the years 2022, the market in the Americas is expected to reach a valuation of over USD 400 Mn, reflecting a strong growth. Africa is also likely to remain an important organic cocoa market. Over the next four years, the Africa organic cocoa market is project to witness an impressive growth. Africa is a major supplier of cocoa, which puts it in a strong position in the global organic cocoa market.
NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.
According to the latest report published by Market Research Future (MRFR), the global market size of organic cocoa is likely to grow to USD 585 Mn by the year 585 Mn.
This also indicates towards a strong growth of the market over the next couple of years.
Consumption of beverages and functional food prepared with organic ingredient is picking up steams worldwide, which in turn is prompting food brands to increase their focus on organic variants.Market Research Future (MRFR) in its report offers a detailed segmental analysis of the global organic cocoa market based on application and region.
The functional food & beverage segment holds the second spot and will remain highly profitable in 2018 and beyond.By region, the market has been segmented into Americas, Africa and the rest of the world (RoW).
Increased level of health awareness among Americans has led to an increased demand for organic food products, which characterizes the exemplary of the growth of the market in the region.
Countries such as the U.S. and Canada remain the top investment destination for market players.
Market HighlightsGlobal Botanical Extracts Market is projected to be valued at USD 25,151.7 Million by 2025, expanding at a CAGR of 5.45% during the forecast period.
However, the limited availability of botanical extracts is hampering the growth of the market.
The increasing demand for organic ingredients is expected to offer lucrative opportunities to market players in the coming years.
Other factors, such as increasing demand for natural food ingredients and additives among consumers is expected to drive the growth of the botanical extracts market in the region.
The herbs primarily used for botanical extraction are turmeric, rosemary, mint, basil, chives, sage, bay leaf, and thyme.
The demand for such herbs is increasing at a high pace due to its broader application in food & beverages and pharmaceutical products across the globe.
Market ForecastGlobal Packaged Salami, Sausage & Bacon Market size is projected to be valued at USD 8,868.39 Million by 2027 at a CAGR of 5.2% between 2020 and 2027.
Sausage is made from ground or chopped meat.
For instance, in 2019, Hormel Foods Corporation introduced Applegate Naturals no-sugar breakfast sausage.
Key PlayersTyson Foods Inc. (US)Hormel Foods Corporation (US)Conagra Brands, Inc. (US)WH Group Limited (China)JBS S.A. (Brazil)Maple Leaf Foods (Canada)Fresh Mark, Inc. (US)Great British Meat Co. (UK)Seaboard Corporation (US)Cremonini S.p.A. (Italy) Market USPInnovation in product flavors Growth Opportunities in the MarketAdoption of Growth Strategies: Collaborations, expansion, partnerships, joint ventures, product innovation, and mergers & acquisitions are the top growth strategies adopted by certain market players active in the packaged salami, sausage & bacon market.
The global packaged salami, sausage & bacon market is expected to emerge lucrative for the players focused on adopting new growth strategies or investing in the existing ones.
For instance, Tyson Foods Inc. announced plans to build new production facilities in Thailand and China.
The Global Agricultural Biologicals Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.Agricultural biologicals are natural derivatives of microorganisms, beneficial insects, plant extracts, or organic matters that protect crops from insects, weeds, pests and harmful diseases.
These biologicals can help to replace products based on agricultural chemicals.
Agricultural biologicals ensure healthy crops without affecting its productivity.
These are majorly topical or seed treatment products.North America and Europe are the leading geographies in the global agricultural biologicals market.
Asia Pacific is the emerging market and has a great scope in the near future.
