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Global Briefing

Cocoa Ingredients: Difficult Times for these Prized Ingredients

Mar 2012

Price: US$2,000

About this Report

About this Report

With global demand for chocolate on the increase, cocoa ingredients continue to see growth. However, the cocoa industry faces many issues, particularly surroundings its production as an agricultural commodity. Fluctuating prices driven by the weather, economics and politics are affecting the industry, as well as cocoa being used to produce a product which is regarded by many as unhealthy. This report discusses these issues and other factors that are affecting the cocoa ingredients category.


What this report includes

  • Up-to-the minute analysis of the latest trends in the industry
  • New product development, forecasts and other themes
  • Unique graphics and illustrated case studies
  • Most recent brand and company news
  • New insight into the size and shape of the market

Why buy this report

  • Leading industry opinion keeps you abreast of latest news and trends
  • Forward-looking outlook on a category, market or issue affecting the industry
  • Latest five year forecasts assess how the market is predicted to develop
  • Understand the competitive environment, the leading players and brands

Table of Contents

Table of Contents

Scope of the Report

Scope

Report Highlights

Key findings

SWOT

Supply and Demand Drivers

Supply: Concentrated production supply

Supply: Production problems in Côte d’Ivoire

Supply: Fluctuating c ocoa prices

Supply: High cocoa prices leads to increased chocolate prices

Supply: Fairtrade – still focused on a handful of countries

Supply: Seeking sustainable certification

Supply: Countries seek to be on “fine or flavour” list

Supply: A handful of companies dominate the industry

Supply: Less focus on acquisitions, more on internal investment

Supply: Barry Callebaut invests in long-term partnerships

Demand: Global sales of chocolate continue to rise

Demand: Growth from developing regions

Demand: Obesity starting to impact manufacturer behaviour

Manufacturers tackle high calorie content of chocolate

Demand: A healthier side to chocolate?

New processing methods developed to maintain flavanol levels

Demand: Premiumisation leads to demand for single origin cocoa

Demand: Natural ingredients in personal care

Category Analysis

Cocoa ingredients enjoy steady growth

Western Europe leads cocoa ingredients category

Regional preferences determine share of category

Chocolate confectionery the key application

Cocoa liquor used across a variety of categories

India drives demand for tablets

Strongest growth for cocoa liquor outside of confectionery

Western Europe dominates cocoa liquor category

Cocoa powder less reliant on confectionery

Flavoured milk drinks posts strongest growth for cocoa powder

Latin America leads flavoured powder milk drinks category

Innovation could help issues with cocoa powder in cold drinks

MEA and Asia Pacific drive global demand for cocoa powder

Companies launch dark cocoa powder to tap into premium trend

Cost saving substitutes for cocoa powder

Chocolate confectionery dominates cocoa butter category

Tablets lead applications for cocoa butter

Popularity of chocolate ice cream boost cocoa ingredients

Western Europe leading region for cocoa butter

Vegetable fats used as a cocoa butter substitute

Demand grows for vegetable fats in confectionery

Category analysis

Use of cocoa butter outside of food and beverages

Definitions

Data parameters and report definitions

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