Thursday, 11 October 2018

Shares of Cocoa Enhancers Market in Global Industry : Trends, Analysis, Growth and Status 2018-2028

ResearchMoz presents professional and in-depth study of "Cocoa Enhancers Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028".

Market Outlook

Cocoa enhancers are compounds that are added to food and beverages to supplement the natural cocoa flavor. Cocoa has a unique position in the flavors industry due to its soft melt?in?the?mouth and unique sensory properties. The cocoa aroma is contributed by various compounds, including the non-volatile and volatile chemical components. Various technological enhancements have been done to enhance the cocoa flavor, combining chemical, physical and biological factors of multiple cocoa alternatives. Cocoa enhancers are gaining traction due to their use in healthy foods and specifically, among children, who prefer chocolate to cocoa flavors.

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Cocoa enhancers are low-cost cocoa substitutes offering similar flavor, quality and nutrition as that of cocoa. One of the biggest advantages of Cocoa enhancers is that their thermal stability, strength and flavor impact is identical to that of cocoa. Europe followed by North America is projected to dominate the cocoa enhancers market, in terms of consumption, due to higher concentration base of cocoa end-use industries. Among various end-uses of cocoa enhancers, chocolate and confectionery are projected to drive high demand for cocoa enhancers over the forecast period. Chocolate processing is concentrated in European countries, mainly the Netherlands, which will be a potential country for the use of cocoa enhancers.

Reasons for Covering this Title

A rise in demand for overall cocoa alternatives due to increasing cocoa prices and fluctuating supply of cocoa annually is expected. Between 2010 and 17, world’s cocoa production grew at the rate of 0.99%, while world cocoa grindings increased at the rate of 1.16%, indicating a supply-demand gap for cocoa, which has compelled end-use industries using cocoa as an ingredient to look for cocoa alternatives, including cocoa enhancers. Africa holds nearly 72% of world’s cocoa production share and indicates higher supply concentration. This scenario also has encouraged distant countries to utilize their existing natural and synthetic ingredients as cocoa enhancers which are compatible with the intended product applications.

Global Cocoa Enhancers: Market Segmentation

On the basis of Source, the Global Cocoa Enhancers market has been segmented as –

    Natural
    Synthetic

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On the basis of Nature, the Global Cocoa Enhancers market has been segmented as –

    Organic
    Conventional

On the basis of End-Use, the Global Cocoa Enhancers market has been segmented as –

    Chocolate & Confectionery
    Dairy Beverages
    Bakery & Snacks
    Frozen Desserts
    Others

Global Cocoa Enhancers Market: Key Players

Some of the key players operating in the global Cocoa Enhancers market are Chefs Flavours Ltd, Charkit Chemical, PureCircle, Signature Flavors, Flavor Dynamics, Inc., Weber Flavors and Taytonn, among others.

Opportunities for Market Participants

Changing consumption patterns along with growing demand for cocoa alternatives has opened opportunities for cocoa enhancers. This scenario has encouraged various food and beverage ingredient companies to introduce innovative products including cocoa enhancers to meet consumer demand for cocoa flavor. Additionally, growing consumer demand for lower-fat and low-sugar content ingredients for cocoa-end use products will also have a positive impact on the cocoa enhancers market.

Innovation in processing technology will further enable cocoa enhancer manufacturers to adopt various raw materials with a broader range of flavors, textures, along with higher acceptability by consumers. Cocoa enhancer manufacturers are also focusing on specific country and regional profiles to launch products aligned with regional demand. In-depth consumer research is carried by cocoa enhancer manufacturers to understand the emerging flavor profiles. Clean labeling of products might limit the growth of the cocoa enhancer market to an extent as consumers prefer natural ingredients.

Brief Approach to Research

A modeling-based approach and triangulation methodology will be followed to estimate data covered in this report. A detailed market understanding and assessment of the product source, nature, and end-use product segments included in the study is followed by carrying out a demand-side approach to estimate the sales of target product segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period. The statistics and data are collected at a regional level, consolidated and synthesized at a global level to estimate the overall market sizes.

Key Data Points Covered in the Report

Some of the key data points covered in our report include:

An overview of the Cocoa Enhancers market, including background and evolution

    Macroeconomic factors affecting the Cocoa Enhancers market and its potential
    Market dynamics, such as drivers, challenges, and trends of Cocoa Enhancers
    Detailed value chain analysis of the Cocoa Enhancers market
    The cost structure of the products and segments covered in the study
    In-depth pricing analysis, by key product segments, regions and by major market participants
    Analysis of supply and demand of Cocoa Enhancer, such as top producing and consuming geographies, imports/exports, and overall trade scenario
    Analysis of the Cocoa Enhancers market structure, including a tier-wise categorization of key market participants
    Competitive landscape of the Cocoa Enhancers market, including detailed profiles of the top players in this market
    Analysis of the Cocoa Enhancers market structure, including a tier-wise categorization of key market participants
    Competitive landscape of the Cocoa Enhancers market, including detailed profiles of the top players in this market

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

    Market segments and sub-segments
    Market trends and dynamics
    Supply and demand
    Market size
    Current trends/opportunities/challenges
    Competitive landscape
    Technological breakthroughs
    Value chain and stakeholder analysis

The regional analysis covers:

    North America (U.S. and Canada)
    Latin America (Mexico, Brazil, Peru, Chile, and others)
    Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
    Eastern Europe (Poland and Russia)
    Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
    Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

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Highlights of the report:

    A complete backdrop analysis, which includes an assessment of the parent market
    Important changes in market dynamics
    Market segmentation up to the second or third level
    Historical, current, and projected size of the market from the standpoint of both value and volume
    Reporting and evaluation of recent industry developments
    Market shares and strategies of key players
    Emerging niche segments and regional markets
    An objective assessment of the trajectory of the market
    Recommendations to companies for strengthening their foothold in the market

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