Malaysia Cocoa Industry Assessed & Forecast in Smart Research Insights Report Published at MarketPublishers.com07 Mar 2016 • by Natalie Aster
LONDON – As of 2013, the global market for cocoa amounted to more than 3,455,600 metric tons. Since then the marketplace has grown by approximately 3 percent and this pace is expected to maintain in the years to come.
At present, the demand for cocoa is higher than its production. In 2013, the consumption surpassed the production by more than 16,800 tons. World’s reserves of cocoa fell by around one quarter YoY at the end of 2015.
Currently, developed markets represent key consumers of cocoa. However, the cocoa demand grows rapidly in developing markets. Niche areas (e.g. cosmetic and alcoholic and non-alcoholic beverages based on cocoa) also ignite the demand.
Malaysia represents the number one cocoa grinder in the Asian region, and this country is also the world’s fifth largest grinder.
The local production of cocoa has declined over the recent years, and the government takes measures to improve the production. Nevertheless, the country’s demand for the product is higher than cocoa production. That is why the country depends heavily on cocoa imports.
Cutting-edge research report “Assessment of Malaysia's Cocoa Industry” drawn up by Smart Research Insights offers thorough examination of the Malaysian cocoa industry. The study contains an insightful overview of the global industry and a detailed country snapshot of Malaysia. It comprises a bird’s eye view of the Malaysian industry: the report uncovers market statistics, casts light on driving forces, challenges and government initiatives. The research study focuses on major consuming companies. It includes historical data on the marketplace.
Assessment of Malaysia's Cocoa Industry
Published: February, 2016
Price: US$ 1,000.00
Reasons to Buy:
- you will keep abreast of the latest trends in the Malaysian cocoa marketplace;
- you will find out forces that drive change to this market;
- you will get access to valuable market statistics;
- the report covers government initiatives;
- the study profiles major players.
More in-demand research studies by our market research partner are available at Smart Research Insights page.