Top companies covered in Asia Pacific cocoa and chocolate market are Nestle S.A. – (Vevey, Switzerland), Cargill, Incorporated – (Minnesota, U.S.), Olam International – (Singapore), Barry Callebaut AG – (Zürich, Switzerland), Fuji Oil Company, Ltd. – (Osaka, Japan), ECOM Agroindustrial Corporation Ltd. – (Pully, Switzerland), Touton S.A. – (Bordeaux, France), B D Associates Ghana Ltd – (Tema, Ghana), PLOT Enterprise Ghana Limited – (Takoradi, Ghana), Niche Cocoa Industry, Ltd. (Tema, Ghana), Indcre S.A. – (Barcelona, Spain), and more players profiledPune, Nov. 15, 2020 (GLOBE NEWSWIRE) — The Asia Pacific cocoa and chocolate market size is expected to gain momentum by reaching USD 8,892.57 million by 2027. This is attributable to the growing purchase capacity of the consumers that propel the demand for exotic cocoa and chocolate products. Fortune Business Insights, in its latest report, titled, “Asia Pacific Cocoa and Chocolate Market Size, Share & COVID-19 Impact Analysis, By Type (Cocoa and Chocolate), Application (Food and Beverage, Cosmetics, Pharmaceuticals, and Others), and Country Forecast, 2020-2027.”, mentions that the market stood at USD 6,019.15 million in 2019 and is likely to exhibit a CAGR of 5.42% between 2020 and 2027. Price Fluctuations amid COVID-19 to Hamper Growth ProspectsThe global pandemic has resulted in a complete shutdown of supply chains across several industries. The chocolate and cocoa industry is further experiencing a remarkable reduction in the sales of products. Owing to lockdown, the restricted movement of people has led to a negative impact on the market. This is expected to hamper the market growth shortly. Get Sample PDF Brochure with Impact of COVID19:https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/asia-pacific-cocoa-and-chocolate-market-104205 List of the Leading Companies Profiled in the Global Asia Pacific Cocoa and Chocolate Market are: * Nestle S.A. – (Vevey, Switzerland) * Cargill, Incorporated – (Minnesota, U.S.) * Olam International – (Singapore) * Barry Callebaut AG – (Zürich, Switzerland) * Fuji Oil Company, Ltd. – (Osaka, Japan) * ECOM Agroindustrial Corporation Ltd. – (Pully, Switzerland) * Touton S.A. – (Bordeaux, France) * B D Associates Ghana Ltd – (Tema, Ghana) * PLOT Enterprise Ghana Limited – (Takoradi, Ghana) * Niche Cocoa Industry, Ltd. (Tema, Ghana) * Indcre S.A. – (Barcelona, Spain) Asia Pacific cocoa and chocolate products are gaining popularity owing to the growing indulgence in exotic flavors and fillings. In addition to this, the increasing consumption for low-fat and sugar-free chocolates is propelling the manufacturers to produce high-quality cocoa plantations in Asia Pacific. What does the Report Include?The market report includes a detailed assessment of various market drivers and restraints, opportunities, and challenges that the market will face during the projected horizon. Additionally, the report provides comprehensive research into the regional developments of the market, affecting its growth during the forecast period. It includes information sourced from the advice of expert professionals from the industry by our research analysts using several research methodologies. The competitive landscape offers further detailed insights into strategies such as product launches, partnerships, merger and acquisition, and collaborations adopted by the companies to maintain market strongholds between 2020 and 2027. DRIVING FACTORSIncreasing Consumer Spending Power to Augment Market GrowthAccording to the data by Forbes, there are around 778 billionaires in Asia Pacific as of 2020. In addition to this, about 38% of the global super-rich reside in the region, the most when compared to other regions. The presence of high net-worth individuals (HNWI), along with the increasing spending capacity of the consumers, is leading to the surging demand for Asia Pacific cocoa and chocolate confectionery. In addition to this, the growing consumption of chocolate products owing to its beneficial properties is expected to contribute to the growth of the Asia Pacific cocoa and chocolate market in the forthcoming years. Inquire Before Buying This Research Report:https://www.fortunebusinessinsights.com/enquiry/queries/asia-pacific-cocoa-and-chocolate-market-104205 SEGMENTATIONCocoa Segment Held 38.76% Market Share in 2019The cocoa segment, based on type, held a market share of about 38.76% in 2019 and is projected to showcase an exponential growth owing to the surging demand for dark chocolates that have less sugar and fat content. COUNTRY INSIGHTSIncreasing Demand for Exotic Chocolate Flavors in Southeast Asia to Aid GrowthAmong all the countries, Southeast Asia is expected to remain at the forefront and hold the highest position in this market in the forthcoming years. This is attributable to the increasing demand for exotic flavors and filling of Asia Pacific cocoa and chocolate products. Southeast Asia stood at USD 1,763.65 in 2019. Japan, on the other hand, is expected to hold the second position in the market during the forecast period. This is ascribable to the growing consumption of chocolates owing to its beneficial properties such as stress buster, anti-aging, and healthy content in the country between 2020 and 2027. COMPETITIVE LANDSCAPEKey Players Focus on Product Expansion by Acquiring Other Small CompaniesThe Asia Pacific cocoa and chocolate market is consolidated by the presence of key players that are focusing on acquiring other small companies to boost their cocoa & chocolate product line. Additionally, the major companies are adopting strategies such as partnership, the introduction of new products, and collaboration to maintain a stronghold in the fiercely competitive global marketplace during the forecast period. Industry Development:February 2019 – Olam International announced the acquisition of the Indonesia-based, BT Cocoa. The acquisition is expected to strengthen its position backed by the growing consumption of Asia Pacific cocoa and chocolate products. Browse Detailed Summary of Research Report with TOC:https://www.fortunebusinessinsights.com/checkout-page/104205 Detailed Table of Content: * Introduction * Research Scope * Market Segmentation * Research Methodology * Definitions and Assumptions * Executive Summary * Market Dynamics * Market Drivers * Market Restraints * Market Opportunities * Key Insights * Overview on Global Cocoa Production * Overview on Asia Pacific Cocoa Production * Cocoa Trade Analysis and Import Tax System * Recent Industry Developments * Cocoa Price & Trade Analysis * Asia Pacific Cocoa and Chocolate Market Analysis, Insights and Forecast, 2016-2027 * Key Findings / Summary * Market Analysis, Insights, and Forecast – By Type * Cocoa Ingredients * Cocoa Butter * Cocoa Liquor * Cocoa Powder * Chocolate * Dark * White * Milk * FilledTOC Continued…! Get your Customized Research Report:https://www.fortunebusinessinsights.com/enquiry/customization/asia-pacific-cocoa-and-chocolate-market-104205 Have a Look at Related Research Insights:Cocoa and Chocolate Market Size, Share & COVID-19 Impact Analysis, By Type (Cocoa Butter, Cocoa Liquor, Cocoa Powder, Dark Chocolate, Milk Chocolate, White Chocolate, and Filled Chocolate), By Application (Food & Beverages, Cosmetics, Pharmaceuticals, and Others), and Regional Forecast, 2020-2027Milk Chocolate Market Size, Share & Industry Analysis, By Form (Candies, Bars, Chocolate Coated Nuts, Chocolate Chips, Others), By Nature (Conventional, Organic), By Distribution Channel (Hypermarkets/Supermarkets, Retail Stores, Specialty Stores, Online Channels) and Regional Forecast, 2019-2026Chocolate Confectionery Market Size, Share & COVID-19 Impact Analysis, By Type (Dark, Milk, and White), Category (Premium, Seasonal, and Everyday), and Regional Forecast, 2020-2027Confectionery Market Size, Share & Industry Analysis, By Type (Chocolate, Sugar, and Gums), Distribution Channel (Hypermarket/Supermarket, Convenience Stores, Departmental Stores, and Online Retails), and Regional Forecast, 2019 – 2026 About Us:Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges. Contact Us:Fortune Business Insights™ Pvt. Ltd.308, Supreme Headquarters,Survey No. 36, Baner,Pune-Bangalore Highway,Pune – 411045, Maharashtra, India. Phone:US: +1 424 253 0390UK: +44 2071 939123APAC: +91 744 740 1245Email: sales@fortunebusinessinsights.comFortune Business Insights™LinkedIn | Twitter | Blogs
TORONTO – Strength in the base metal and technology sectors helped Canada’s main stock index gain almost 100 points on Friday, while U.S. stock markets also climbed higher.
The S&P/TSX composite index closed up 93.51 points at 23,568.65.
In New York, the Dow Jones industrial average was up 297.01 points at 41,393.78. The S&P 500 index was up 30.26 points at 5,626.02, while the Nasdaq composite was up 114.30 points at 17,683.98.
The Canadian dollar traded for 73.61 cents US compared with 73.58 cents US on Thursday.
The October crude oil contract was down 32 cents at US$68.65 per barrel and the October natural gas contract was down five cents at US$2.31 per mmBTU.
The December gold contract was up US$30.10 at US$2,610.70 an ounce and the December copper contract was up four cents US$4.24 a pound.
This report by The Canadian Press was first published Sept. 13, 2024.
OTTAWA – Statistics Canada says wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain, rose 0.4 per cent to $82.7 billion in July.
The increase came as sales in the miscellaneous subsector gained three per cent to reach $10.5 billion in July, helped by strength in the agriculture supplies industry group, which rose 9.2 per cent.
The food, beverage and tobacco subsector added 1.7 per cent to total $15 billion in July.
The personal and household goods subsector fell 2.5 per cent to $12.1 billion.
In volume terms, overall wholesale sales rose 0.5 per cent in July.
Statistics Canada started including oilseed and grain as well as the petroleum and petroleum products subsector as part of wholesale trade last year, but is excluding the data from monthly analysis until there is enough historical data.
This report by The Canadian Press was first published Sept. 13, 2024.
TORONTO – Canada’s main stock index was up more than 150 points in late-morning trading, helped by strength in the base metal and energy sectors, while U.S. stock markets were mixed.
The S&P/TSX composite index was up 172.18 points at 23,383.35.
In New York, the Dow Jones industrial average was down 34.99 points at 40,826.72. The S&P 500 index was up 10.56 points at 5,564.69, while the Nasdaq composite was up 74.84 points at 17,470.37.
The Canadian dollar traded for 73.55 cents US compared with 73.59 cents US on Wednesday.
The October crude oil contract was up $2.00 at US$69.31 per barrel and the October natural gas contract was up five cents at US$2.32 per mmBTU.
The December gold contract was up US$40.00 at US$2,582.40 an ounce and the December copper contract was up six cents at US$4.20 a pound.
This report by The Canadian Press was first published Sept. 12, 2024.
