Industry experts believe that as accessibility and availability of chocolates continue to increase, the acceptance rate of such products across all age-groups is expected to increase. Chocolate manufacturers are developing bars and boxed chocolates for frequent consumption as well as for gifting purposes. This is expected to increase the presence of global chocolate manufacturer in these regions through inorganic expansion. This is anticipated to increase the demand for cocoa beans as buyers need to upsurge the number of cocoa processing and chocolate manufacturing facilities in proximity to these markets.
Covered in this report The report provides actionable insights to improve source-to-contract cycle performance in the Global Cocoa Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
SpendEdge’s report, Global Cocoa Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
Category driver • High availability of various chocolate brands • For a full, detailed list, view our report
Category constraints • Lack of clarity in the calculation of premiums for certified cocoa • For a full, detailed list, view our report
Procurement best practices • Approaches to control the spread of infection across non-infected trees • For a full, detailed list, view our report
Key questions answered in this report • What are the market dynamics? • What are the key market trends? • What are the category growth drivers? • What are the constraints to category growth? • Who are the suppliers in this market? • What are the demand-supply shifts? • What are the major category requirements? • What are the procurement best practices in this market?
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