Dallas, TX -- (SBWIRE) -- 05/04/2015 -- The report "Cocoa & Chocolate Market by Application (Confectionery, Food & Beverage, Cosmetics, & Pharmaceuticals), Cocoa Type (Cocoa Butter, Powder, & Liquor) & Chocolate Type (Dark, White, Milk, Filled) - Global Trends & Forecasts to 2019" defines and segments the global cocoa & chocolate market with an analysis and forecasting of the market volume of types of cocoa and chocolate.

Browse 118 market data tables, 24 figures spread through 282 pages and in-depth TOC on Cocoa & Chocolate Market - Global Trends & Forecasts to 2019.

http://www.marketsandmarkets.com/Market-Reports/cocoa-chocolate-market-226179290.html

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The market size (volume) of cocoa was 3,455,622 metric tons in 2013 and is estimated to grow at a CAGR of 3.1% from 2014 to 2019, whereas the chocolate market is projected to grow at a CAGR of 2.3% from 2014 to 2019. In 2014, Europe is projected to lead the global market with the highest share, followed by North America and the Asia-Pacific, in terms of volume.

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The report also identifies the driving and restraining factors for the global market with an analysis of trends, opportunities, winning imperatives, and challenges. The market is segmented and values are forecasted on the basis of major regions such as North America, Europe, Asia-Pacific, and Rest of the World (RoW). The key countries are covered and forecasted for each region.

The cocoa & chocolate market has been growing at a fast pace. The strong demand from North America is fuelling the cocoa & chocolate market in the region. Cocoa provides flavor, texture, and color to products. Further, it has anti-oxidative, anti-inflammatory, and anti-depressant properties. The market for these ingredients is growing in developing economies such as China and India.

The huge demand for cocoa & chocolate in confectionery and food & beverage industries drives the market. The promising health benefits of cocoa & chocolate in pharmaceuticals and cosmetics provides enough evidence to encourage manufacturers to consider using such ingredients. The cocoa market is expected to grow at a CAGR of 3.1%, whereas the chocolate market is estimated to grow at a CAGR of 2.3% from 2014 to 2019. Asia-Pacific is increasingly becoming an attractive market for chocolate manufacturers.

Cocoa & chocolate are used to provide taste, flavor, and texture to food, in addition to nutritional and functional benefits. Cocoa butter, cocoa liquor, and cocoa powder are some of the major ingredients used to manufacture chocolates. The favorable characteristics of cocoa butter (melting point and contraction) provide a melt-in-the mouth sensation and easy removal of chocolates from the molds. The chocolate also masks the unpleasant taste of tablets and encourages its usage for medicinal purposes.

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