Cocoa market in North America 2021-2028 | Canada ranks 9th largest consumer of chocolate in the world – ResearchAndMarkets.com

DUBLIN – (COMMERCIAL THREAD)–The “Cocoa market in North America 2021-2028” report was added to ResearchAndMarkets.com offer.

According to this report, the North American cocoa market is expected to observe a CAGR of 3.97% in the years 2021-2028. The United States and Canada describe the market in this region.

The Canadian food and beverage sector generates a significant amount of it, making it the second largest manufacturing industry. In addition, there are a large number of bakeries, cafes and restaurants operating in the country, increasing the demand for cocoa products. Additionally, the country exported the highest dollar value of chocolates in 2020 to the region. In addition, the country is also one of the largest consumers of chocolate in the world. According to the Inter-American Institute for Cooperation on Agriculture, the country is the ninth largest consumer of chocolate in the world. Such a high consumption rate, along with the growth of the food and beverage industry, is propelling the cocoa market on a gradual path.

On the other hand, chocolate festivals are the norm in the United States, promoting innovation and recipes from restaurants, bakeries and chocolate makers. In addition, these festivals help to set new trends in the chocolate industry, stimulating demand for the cocoa product. In addition, the growing demand for organic chocolate due to its health benefits is increasing the demand for cocoa in the country. Thus, all of these factors are likely to propel the cocoa market on a positive growth path over the next few years.

Competitive outlook

The main companies in the cocoa market are Cargill Incorporated, Lindt and Sprungli AG, Meiji Holdings Co Ltd, Natra SA, Puratos Group, Hershey Company and Ferrero Group.

Main topics covered:

1. Cocoa Market in North America – Summary

2. Industry outlook

3. North America Cocoa Market Outlook – By Process

4. North America Cocoa Market Outlook – By Quality

5. North America Cocoa Market Outlook – by Product

6. North America Cocoa Market Outlook – By Type

7. North America Cocoa Market Outlook – By End User

8. Cocoa Market in North America – Regional Perspectives

9. Competitive landscape

10. Methodology and scope of the research

For more information on this report, visit https://www.researchandmarkets.com/r/8tnxh4


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