Global Cocoa Liquor Market Research: Chocolate and Confectionery to Record Robust Growth in Terms of Volume

With the growing production of chocolates and bakery products, food companies are looking to opt for innovative and health benefiting ingredients. As health-conscious customers prefer spending on healthy food products, food manufacturers are witnessing a significant demand for unsweetened baking chocolates or cocoa liquor. Consumption of cocoa liquor helps in balancing the cholesterol level, lowers blood pressure, manages obesity, and improves the elasticity of the blood vessels.

Banking on the growing requirements of the health-conscious customers, major manufacturers are concentrating on supplementing chocolates and confectionery products with roasted and dried dry fruit products. In addition, leading manufacturers are producing chocolates and a range of bakery products central to the growing requirements of diabetic individuals. In order to develop bakery products that contribute towards weight management, food manufacturers prefer opting for cocoa liquor as an important ingredient. To expand customer base, major food companies and restaurants are concentrating on developing innovative food products.

Global Cocoa Liquor Market to Account for Over 1.4 Million Tons in Terms of Volume By 2026-End

Fact.MR states that the global cocoa liquor market is projected to record more than 1.4 million tons in terms of volume by 2026-end. Shift in tastes and preferences of customers has led food manufacturers to opt for ingredients that benefit health of the customers. In order to expand customer base, leading companies are concentrating on producing food products central to the growing health requirements of the customers. Major companies are also focusing on offering bakery and food products for diabetic and obese individuals. This has led to a surge in demand for cocoa liquor among the food manufacturers. As food manufacturers are concentrating on expanding their production capacity, demand for cocoa-based products as ingredients is projected to remain high globally. Due to this, production of cocoa liquor-based products such as chocolate solids, cocoa butter, and cocoa-based creams will continue to witness significant demand for cocoa liquor in the food and beverage industry. Through development of innovative food products, leading companies are concentrating on attaining a competitive edge in the global market.

Growing requirement of neutralizing the acidity level in cocoa to pH 7 has led the leading manufacturers to opt for Dutch cocoa liquor products. In terms of volume, Dutch cocoa liquor products are expected to witness significant growth in the global market by the end of 2017. Food manufacturers prefer utilizing trinitario cocoa variety for the production of various bakery products. Sales of trinitario cocoa variety is projected to record the fastest growth in terms of volume in the global market throughout 2026. Trinitario cocoa variety is projected to account for over half of the global market in terms of volume. Demand for cocoa liquor products in the form of wafers will continue to be more preferred among manufacturers. In terms of volume, wafers form is projected to reflect the highest growth in the global market by 2026-end.

Sales of cocoa liquor will remain high for the production of confectioneries and chocolates. By 2026-end, chocolates and confectioneries will continue to represent an impressive growth in terms of volume.

Leading players in the global market are Barry Callebaut, Bloomer Chocolate, Cocoa Processing Company, Valrhona, Mars, Inc., Cargill, Inc., ADM, Nestle, Ghirardelli, and Hershey's.

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