Future Outlook: Growth Strategies for Cocoa and Chocolate Manufacturers
The Global Cocoa Market size was accounted for US$12.5 Bn in 2023 to reach US$17.2 Bn by the end of 2031 and grow at an estimated CAGR of 6.5 % during 2024 – 2031 The cocoa and chocolate market is driven by increasing consumer demand globally, fueled by rising disposable incomes and the perception of chocolate as an affordable luxury. Health benefits associated with cocoa, including its...
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