Cocoa: Market Research Report

February 2012 | 194 pages | ID: C0A04C58D0EEN
Global Industry Analysts, Inc

Abstracts

This report analyzes the worldwide markets for Cocoa in Thousand Tons.

The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Latin America and African.

Annual estimates and forecasts are provided for the period 2009 through 2017.

Also, a six-year historic analysis is provided for these markets.

The report profiles 66 companies including many key and niche players such as Archer Daniels Midland Company, ADM Schokinag GmbH & Co. KG, AH Cacao Real Chocolate, SA DE CV, Barry Callebaut AG, Barry Callebaut Malaysia Sdn Bhd, Belcolade NV, Blommer Chocolate Company, Cargill Cocoa & Chocolate, Dagoba Organic Chocolate, Dutch Cocoa B.V, Ferrero S.P.A., Ghirardelli Chocolate Company, Group Cemoi, Guan Chong Cocoa Manufacturer Sdn. Bhd., Kraft Foods, Inc., MAJULAH Koko Tawau Sdn Bhd, Organic Commodity Products, Inc., Petra Foods Limited, Delfi Cocoa, PT. Cacao Wangi Murni, P.T. Davomas Abadi Tdk, Transmar Commodity Group Ltd, Wilbur Chocolate Company, Inc., and World's Finest® Chocolate Inc., Market data and analytics are derived from primary and secondary research.

Company profiles are primarily based upon search engine sources in the public domain.

Contents

I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

Study Reliability and Reporting Limitations
Disclaimers
Data Interpretation & Reporting Level
Quantitative Techniques & Analytics
Product Definition and Scope of Study

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Prelude
Cocoa Market Hit by Recession
Imbalance in Supply and Demand Bothers the Market
Production Scenario

Table 1. Global Cocoa Bean Market (2010 & 2011): Percentage Breakdown of Cocoa Bean Production by Leading Region/Country (includes corresponding Graph/Chart)

Historic Review
Market Composition

Table 2. Global Cocoa Bean Market (2011): Percentage Breakdown of Cocoa Bean Apparent Consumption by Leading Region (includes corresponding Graph/Chart)

Table 3. Leading Cocoa Processing Companies Worldwide (2007): Production of Grindings in Thousand Tons for Cargill, ADM, Barry Callebaut, Petra Foods, and Blommer Chocolate (includes corresponding Graph/Chart)

Global Trade

Table 4. Global Cocoa Bean Imports (2009): Percentage Breakdown by Top Importing Countries (includes corresponding Graph/Chart)

Table 5. Global Cocoa Market (2010): Percentage Breakdown by Top Importers of Retail Chocolate (includes corresponding Graph/Chart)

Table 6. Global Cocoa Powder Imports (2009): Percentage Breakdown by Top Importing Countries (includes corresponding Graph/Chart)

Beans Crossing Borders
Price Volatility

Table 7. Global Cocoa Market (2007-2010): Prices in US$ Per Tonne (includes corresponding Graph/Chart)

2. TRENDS & ISSUES

Developing Markets to Attract Huge Investments
Organic Cocoa: The Cynosure of All Eyes
May We Call It…A Chocolate Therapy?
Premium Chocolate Being Made with Fine or Flavor Cocoa
Effluence of Heavy Metals in Cocoa
Cocoa Agroforestry

3. PRODUCT OVERVIEW

Over 500 Years of Invigorating Trip
Nutritional Benefits of Cocoa
Tropical Regions Propitious for Cocoa Cultivation
Fermentation, Cleaning and Shipment
Extraction of Cocoa Liquor
Cocoa Butter, Powder, Oil and Other By-products
Theobroma Cacao - Flavors and Traits
Regional Flavors
Threat of Pests and Diseases
Chocolate – A Sweet Treat
Types of Chocolates
Dark Sweet Chocolate
Milk Chocolate
White Chocolate

Table 8. Nutritional Value from a Bar of Milk Chocolate and Dark Chocolate (includes corresponding Graph/Chart)

Threats to Cocoa Industry

4. PRODUCT INTRODUCTIONS/INNOVATIONS

Cargill Cocoa & Chocolate Unveils Dutch Dark Cocoa Powders
ADM Introduces UINM 3050 Cocoa Liquor
ADM Launches deZaan™ Fresco Cacao Product Lineup
Cargill Cocoa & Chocolate Introduces New DB82 10-12% Gerkens® Cocoa Powder
Pokka Corp. and Meiji Seika Kaisha to Launch CocoPresso
CAMCO Launches ‘Dark Cocoa Mass’ & ‘Milk Cocoa Mass’ Products
BIO EQUITABLE cemoi Introduces New Chocolate Bars
Cargill Introduces Organic Cocoa Powders
Cargill Rolls Out Gerkens® 22/24 Garnet™ Cocoa Powder in Easy 5 Kg Bags
Hershey Stretches Goodness Chocolate Line
Dagoba Introduces Apothecary Chocolate Bars & Elixirs
CAMPCO Introduces A Bitter Chocolate
Mars Launches CocoaVia
Diva Chocolates Launches Cranberry Cocoa Bean
Belcolade Launches Cocoa Butter Drops and Cocoa Powder
Hershey Introduces Cacao Reserve
Ghirardelli Releases New Range of Dark Chocolate Bars
Toms Confectionary Group Introduces Unique “Chocolate Origins”
Belcolade Unveils Cocoa Butter in Easy-to-dose Drop Format

5. RECENT INDUSTRY ACTIVITY

Cargill Acquires Schwartauer Werke GmbH & Co. KG Kakao Verarbeitung Berlin
ADM to Expand Cocoa Processing Activity in Singapore
Mars Signs Agreement with Barry Callebaut
Archer Daniels Midland to Close Cocoa Plant in Ohio
Barry Callebaut Acquires Chocovic
Central de Cooperativas Agrarias Cafetaleras Acquires Stakes in Industrias Alimentarias de La Convencion
PETRA Foods Commences Production at Hamburg Cocoa Plant
Barry Callebaut Completes Acquisition of Eurogran
Archer Daniels Midland Acquires Herrmann
Tiger Brands Plans to Takeover Barry Callebaut’s Chococam
Archer Daniels Midland Establishes Cocoa Processing Facility in Ghana
Cargill Establishes Cocoa Processing Plant in Ghana
Barry Callebaut Acquires 60% Stake in KL-Kepong Cocoa Products
Swiss Barry Callebaut Acquires Morinaga
Barry Callebaut Acquires KLK Cocoa Shares
Campbell Soup Divests Godiva Chocolatire
Barry Callebaut Acquires FPI
PCB Invests in Cocoa Crop
Natra Acquires Nutkao
Symrise Acquires Aromatics SAS
DJ Cargill to Construct Cocoa Processing Plant in Ghana
ADM to Establish Cocoa Processing Plant in Ghana
Petra Foods and Armajaro Enter Partnership
Barry Callebaut Introduces New Cocoa Powder
Barry Callebaut to Expand Base in Ivory Coast
Barry Callebaut Establishes 2nd Processing Line in Tema
Natra Enters Partnership with Kraft Foods
PT Davomas Production Lines Begin Operation
Barry Callebaut Acquires Food Processing
Treatt Acquires Stake in Earthoil
Kinnerton Acquires Salamanda
Barry Callebaut Mulls an Agreement with Nestlé
Hershey and Godrej Forms a Joint Venture
Altria Group Spins Off Kraft Foods
DEXIA Signs an Agreement and MOU with JHB International
Cadbury Schweppes to Develop Cocoa Production in Australia
Barry Callebaut Enhances Bean Processing Capacity
Buhler Strengthens Ghana’s Cocoa Production

6. FOCUS ON SELECT GLOBAL PLAYERS

Archer Daniels Midland Company (US)
ADM Schokinag GmbH & Co. KG (Germany)
AH Cacao Real Chocolate, SA DE CV (Mexico)
Barry Callebaut AG (Switzerland)
Barry Callebaut Malaysia Sdn Bhd (Malaysia)
Belcolade NV (Belgium)
Blommer Chocolate Company (US)
Cargill Cocoa & Chocolate (The Netherlands)
Dagoba Organic Chocolate (US)
Dutch Cocoa B. V (The Netherlands)
Ferrero S. P. A. (Italy)
Ghirardelli Chocolate Company (US)
Group Cemoi (France)
Guan Chong Cocoa Manufacturer Sdn. Bhd. (Malaysia)
Kraft Foods, Inc. (US)
MAJULAH Koko Tawau Sdn Bhd (Malaysia)
Organic Commodity Products, Inc. (US)
Petra Foods Limited (Singapore)
Delfi Cocoa (Singapore)
PT. Cacao Wangi Murni (Indonesia)
P. T. Davomas Abadi Tdk (Indonesia)
Transmar Commodity Group Ltd (US)
Wilbur Chocolate Company, Inc. (US)
World's Finest® Chocolate, Inc. (US)

7. GLOBAL MARKET PERSPECTIVE

Table 9. World Recent Past, Current & Future Analysis for Cocoa by Geographic Region – US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Middle East & African Markets Independently Analyzed with Annual Grindings in Thousand Tons for Years 2009 through 2017 (includes corresponding Graph/Chart)

Table 10. World Historic Review for Cocoa by Geographic Region – US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Middle East & African Markets Independently Analyzed with Annual Grindings in Thousand Tons for Years 2003 through 2008 (includes corresponding Graph/Chart)

Table 11. World 15-Year Perspective for Cocoa by Geographic Region – Percentage Breakdown of Volume Grindings for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Middle East & African Markets for Years 2003, 2011 & 2017 (includes corresponding Graph/Chart)

III. MARKET

1. THE UNITED STATES

A. Market Analysis
Chocolate and Cocoa Products Industry in the US: A Review
Structure and Organization

Table 12. Leading Cocoa, Baking Chocolate and Chips Manufacturers in the US (2010): Percentage Share Breakdown of Sales for Nestle USA, Inc. , Hershey Co. , Ghirardelli Chocolate Co, Kraft Foods Co. , Private Label, and Others (includes corresponding Graph/Chart)

B. Market Analytics

Table 13. US Recent Past, Current & Future Analysis for Cocoa with Annual Grindings in Thousand Tons for Years 2009 through 2017 (includes corresponding Graph/Chart)

Table 14. US Historic Review for Cocoa with Annual Grindings in Thousand Tons for Years 2003 through 2008 (includes corresponding Graph/Chart)

2. CANADA

Market Analytics

Table 15. Canadian Recent Past, Current & Future Analysis for Cocoa with Annual Grindings in Thousand Tons for Years 2009 through 2017 (includes corresponding Graph/Chart)

Table 16. Canadian Historic Review for Cocoa with Annual Grindings in Thousand Tons for Years 2003 through 2008 (includes corresponding Graph/Chart)

3. JAPAN

Market Analytics

Table 17. Japanese Recent Past, Current & Future Analysis for Cocoa with Annual Grindings in Thousand Tons for Years 2009 through 2017 (includes corresponding Graph/Chart)

Table 18. Japanese Historic Review for Cocoa with Annual Grindings in Thousand Tons for Years 2003 through 2008 (includes corresponding Graph/Chart)

4. EUROPE

A. Market Analysis
Healthy Demand from Chocolate Makers Despite Fall in Cocoa Grindings
Eurozone Crisis Precipitates Fall in Cocoa Prices
B. Market Analytics

Table 19. European Recent Past, Current & Future Analysis for Cocoa by Geographic Region – France, Germany, Italy, UK, The Netherlands, Russia and Rest of Europe Markets Independently Analyzed with Annual Grindings in Thousand Tons for Years 2009 through 2017 (includes corresponding Graph/Chart)

Table 20. European Historic Review for Cocoa by Geographic Region – France, Germany, Italy, UK, The Netherlands, Russia and Rest of Europe Markets Independently Analyzed with Annual Grindings in Thousand Tons for Years 2003 through 2008 (includes corresponding Graph/Chart)

Table 21. European 15-Year Perspective for Cocoa by Geographic Region – Percentage Breakdown of Volume Grindings for France, Germany, Italy, UK, The Netherlands, Russia and Rest of Europe Markets for Years 2003, 2011 & 2017 (includes corresponding Graph/Chart)

5. ASIA-PACIFIC

A. Market Analysis
Production Statistics

Table 22. Asia-Pacific Cocoa Market (2010 & 2011): Percentage Breakdown of Cocoa Production by Country for Indonesia, New Guinea, and Others (includes corresponding Graph/Chart)

Indonesia
Measures to Ensure Supply for Domestic Grinders
Cocoa Exports from the Region Declines
Indonesia’s Cacao Processing Manufacturing Capacity to be Boosted
Indonesia to Enhance Production of Fermented Cocoa
Implementation of the New Program to Boost Production of Cocoa Beans
Malaysia
Vietnam to Focus More on Cocoa Production
China
India
Economic Slowdown Hits Chocolate Sales in Rural India
B. Market Analytics

Table 23. Asia-Pacific Recent Past, Current & Future Analysis for Cocoa by Geographic Region – Malaysia, Indonesia and Rest of Asia-Pacific Markets Independently Analyzed with Annual Grindings in Thousand Tons for Years 2009 through 2017 (includes corresponding Graph/Chart)

Table 24. Asia-Pacific Historic Review for Cocoa by Geographic Region – Malaysia, Indonesia and Rest of Asia-Pacific Markets Independently Analyzed with Annual Grindings in Thousand Tons for Years 2003 through 2008 (includes corresponding Graph/Chart)

Table 25. Asia-Pacific 15-Year Perspective for Cocoa by Geographic Region – Percentage Breakdown of Volume Grindings for Malaysia, Indonesia and Rest of Asia-Pacific Markets for Years 2003, 2011 & 2017 (includes corresponding Graph/Chart)

6. MIDDLE EAST & AFRICA

A. Market Analysis
Market Overview

Table 26. African Cocoa Market (2010 & 2011): Percentage Breakdown of Cocoa Production by Country for Ivory Coast, Ghana, Nigeria, Cameroon, and Others (includes corresponding Graph/Chart)

Political Unrest Stifles Côte d’Ivoire Cocoa Exports
Production of Cocoa to Rebound
Cocoa Manufacturers Continue to Process Beans
Fairtrade Organizations Work Towards Enhancing African Farmers Income
Deforestation Beyond Control
Ghana
A Glance at the Regulatory Side
Ivory Coast
Cameroon
Nigeria
Uganda
B. Market Analytics

Table 27. Middle East & African Recent Past, Current & Future Analysis for Cocoa by Geographic Region – Ivory Coast, Ghana and Rest of Middle East & African Markets Independently Analyzed with Annual Grindings in Thousand Tons for Years 2009 through 2017 (includes corresponding Graph/Chart)

Table 28. Middle East & African Historic Review for Cocoa by Geographic Region – Ivory Coast, Ghana and Rest of Middle East & African Africa Markets Independently Analyzed with Annual Sales Figures in Thousand Tons for Years 2003 through 2008 (includes corresponding Graph/Chart)

Table 29. Middle East & African 15-Year Perspective for Cocoa by Geographic Region – Percentage Breakdown of Volume Grindings for Ivory Coast, Ghana and Rest of Middle East & African Markets for the Years 2003, 2011 & 2017 (includes corresponding Graph/Chart)

7. LATIN AMERICA

A. Market Analysis
Production Statistics

Table 30. Latin American Cocoa Market (2008): Percentage Breakdown of Cocoa Production by Country for Brazil, Ecuador, Dominican Republic, Colombia, Mexico, Peru, Venezuela, and Others (includes corresponding Graph/Chart)

Brazil
Cocoa Harvest in Brazil Declines
New Farms in the Northern States to Drive Recovery in Cocoa Farming
Venezuela
B. Market Analytics

Table 31. Latin American Recent Past, Current & Future Analysis for Cocoa by Geographic Region/Country – Brazil and Rest of Latin American Markets Independently Analyzed with Annual Grindings in Thousand Tons for Years 2009 through 2017 (includes corresponding Graph/Chart)

Table 32. Latin American Historic Review for Cocoa by Geographic Region – Brazil and Rest of Latin American Markets Independently Analyzed with Annual Grindings in Thousand Tons for Years 2003 through 2008 (includes corresponding Graph/Chart)

Table 33. Latin American 15-Year Perspective for Cocoa by Geographic Region – Percentage Breakdown of Volume Grindings for Brazil and Rest of Latin American Markets for Years 2003, 2011 & 2017 (includes corresponding Graph/Chart)

IV. COMPETITIVE LANDSCAPE

Total Companies Profiled: 66 (including Divisions/Subsidiaries - 74)
Region/CountryPlayers
The United States
Canada
Europe
France
The United Kingdom
Italy
Spain
Rest of Europe
Asia-Pacific (Excluding Japan)
Latin America
Africa