Global Cocoa and Chocolate Market, Forecast 2023-2028
Bharat Book Bureau Provides the Trending Market Research Report on “Global Cocoa and Chocolate Market Report and Forecast 2023-2028” under Food & Beverage Market Research Report Category. The report offers a collection of superior Market research, Market analysis, competitive intelligence and Market reports. Global Cocoa and Chocolate Market Report and Forecast 2023-2028 Market Outlook The global cocoa and chocolate market attained a value of USD 136.03 billion in 2022. Aided by the increasing demand for chocolate confectionery, bakery products, and functional food items, the market is projected to further grow at a CAGR of 5.1% between 2023 and 2028 to reach a value of USD 184.07 billion by 2028. Cocoa, derived from the seeds of the cacao tree, is a primary ingredient in the production of chocolate. Cocoa beans are processed to produce cocoa powder, cocoa butter, and cocoa liquor, which are then combined in varying proportions to make chocolate. Chocolate is consumed world