In the last several years, global market of Organic Cocoa developed rapidly, with an average growth rate of 9.92%. In 2017, global revenue of Organic Cocoa is nearly 220 M USD; the actual Sales is about 85.5 K MT.
The global average price of Organic Cocoa varied largely, from 2500 USD/MT to 3900 USD/MT. As an agricultural product, the price of Organic Cocoa is largely influenced by the weather and harvest.
The classification of Organic Cocoa includes Cocoa Liquor, Cocoa Powder and Cocoa Butter. Cocoa Powder represent nearly 69.63% Market share, followed by Cocoa Liquor with market share of 21.06%.
Europe is the largest consumption place, with a consumption market share nearly 42.31% in 2017. Following Europe, North America is the second largest consumption place with the consumption market share of 31.32%.
Market competition is not intense. Cargill, Olam, Barry Callebaut, SunOpta, Blommer, BT Cocoa, Ciranda, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.