Cocoa Market Forecast Indicates over 5% Growth by 2031, Global Revenue to Reach US$15.5 Billion | Fairfield Market Research [Yahoo! Finance]
SYMRISE AG UNSP/ADR (SYIEY)
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Source: Yahoo! Finance
Emerging Markets Offer New Avenues for Growth, Especially in Regions Like Asia Pacific. London, April 18, 2024 (GLOBE NEWSWIRE) -- Global cocoa market is expected to reach US$15.5 Bn by 2031-end, growing at a CAGR of 5.02% from 2024 to 2031 . Key drivers include increasing chocolate consumption, demand for premium and natural cocoa products, and growing applications beyond confectionery. The global cocoa market is on an upward trajectory, driven by various factors such as the increasing popularity of chocolate products, heightened demand for premium and natural cocoa products, and the expansion of cocoa applications beyond confectionery into areas such as cosmetics and pharmaceuticals. Get Sample Copy of Report at: https://www.fairfieldmarketresearch.com/report/cocoa-market/request-sample REPORT SCOPE Report Attributes Details Base Year Forecast Year 2024 – 2031 Market Size in 2024 US$11 Bn Estimated Market Size in 2031 US$15.5 Bn CAGR Growth Drivers In
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