Market Research Future (Food and Beverages) Organic Cocoa Market Research Report | Page 3

Organic Cocoa Market Research Report- Forecast to 2022
2 Market Overview
The Global Market for organic cocoa has witnessed continued demand during the last few years and is projected to
reach USD 585 million at a CAGR of 12.16% by 2022. Diverse application for organic cocoa in various industries,
majorly in chocolate production is likely to drive the global organic cocoa market over the forecast period.
America will dominate the organic cocoa market (in terms of value and volume both) with more than 60% of the
market share and it is projected to reach a market value of more than USD 400 million at a CAGR of 14.27% by
2022. Africa is projected witness a high growth rate of 9.02% during the given period owning to rising population of
cocoa farmers enrolling for organic certification. High demand for premium organic chocolate has increased the sale
of organic cocoa on the global level. Rising demand for organic ingredients in functional food and beverages and
personal care products has been playing a key role in the growth of the global organic cocoa market from last few
years.
Regional Analysis:
As per the MRFR analysis, the global market for organic cocoa has been witnessing continued demand during the
forecast period owning to rising population of consumers adopting organic food consumption trends. In terms of
value and volume both, America is estimated to dominate the organic cocoa market holding the lion’s share of more
than 60%. Also, Africa will hold the second largest share in the global organic cocoa market and is projected to grow
at a rate of 9.02%
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