Product ID: SQMIG30B2030
Report ID:
SQMIG30B2030 |
Region:
Global |
Published Date: February, 2024
Pages:
260
|
Tables:
119 |
Figures:
77
Europe is the largest regional market since it has been a major importer of cocoa paste for the past several years. Grinding capacity has grown faster in Africa, Asia pacific, than in the Americas. Africa's grindings climbed from 463 thousand metric tonnes in 2003 to around 1001 thousand metric tonnes in 2021. Grinding in Asia pacific increased from 575 thousand metric tonnes in 2003 to 1170 thousand metric tonnes in 2022. Cocoa output has increased higher in Africa and the Americas, while it has dropped in Asia pacific. Africa's production climbed from 2445 thousand metric tonnes in 2003 to 3995 thousand metric tonnes in 2022. In addition, cocoa production in the Americas climbed from 462 thousand metric tonnes in 2003 to 910 thousand metric tonnes in 2022.
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REQUEST FREE CUSTOMIZATIONCocoa And Chocolate Market size was valued at USD 46.61 billion in 2019 and is poised to grow from USD 48.29 billion in 2023 to USD 67.88 billion by 2031, growing at a CAGR of 4.98% in the forecast period (2024-2031).
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Product ID: SQMIG30B2030