Deerfield Beach, FL -- (SBWIRE) -- 10/05/2017 -- Market Overview
Cocoa Beans Market and cloud computing is a perfect combination mainly for addressing security concerns. Constant evolution of Cocoa Beans and cloud computing is providing cost-effective, efficient and powerful infrastructures to support business analytics. The Cocoa Beans market is experiencing a massive growth owing to the remarkable increase in organizational data and spending on R&D. Global organizational spending is estimated to reach over USD 500 billion by the end of 2024. Increasing number of heterogeneous data generated from web clicks boosting the necessity to manage and monitor the data which will significantly impel the Cocoa Beans market growth in the near future.
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Leading industry players such as IBM, HP, Google, SAP, Cloudera, and Oracle, are progressively investing in R&D, for the development of unified Cocoa Beans solutions to provide improved analytics and integrated management of data. Companies are focusing on mergers and acquisition to diversify their product portfolio with Cocoa Beans and mainframe technologies. For instance, in 2015, Microsoft acquired Revolution Analytics to expand its business for cloud base platform. Similarly, IBM acquired Cloudant and Cleversafe to strengthen its cloud platform business.
Analysis of Global Cocoa Beans Market Segment By Manufacturers
- Cargill Incorporated
- Barry Callebaut
- Artisan Confections Company
- PASCHA Company
- InterNatural Foods LLC
- Olam Group
- The Mexican Arabica Bean Company
- Tomric Systems, Inc.
- Cacao Bahia
- Cocoa Supply Company
- Casa Franceschi
- Costa Esmeraldas Cacao Co.
- Meridian Cacao Company
- Jedwards International
Cocoa Beans Market Size and Forecast (2016-2024)
North America is likely to hold the largest share of global Cocoa Beans market in 2016 and is expected to dominate the market during the forecast period. North America Cocoa Beans market is expected to grow at a CAGR of 15.6% during the forecast period and also over the forecast period. Huge penetration of advance technologies and increase in data generation from different industries is driving the growth of Cocoa Beans market in the region. Europe holds the second largest share in the global Cocoa Beans market and it is expected to grow at a CAGR of 19.1 % during the forecast period.
Rising manufacturing industries in Asia Pacific predicts APAC to be the fastest growing region for global hadoop market. Countries such as Japan, India and China are expected to lead the entire Cocoa Beans market in Asia-Pacific region over the forecast period. Latin America and MEA regions currently holds smallest share in terms of revenue of global Cocoa Beans market, also shows great potential to garner untapped business opportunities for Cocoa Beans analytics and services during the forecast period.
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Global Cocoa Beans Market is categorized on the following basis:
- Based on Cocoa Bean Type
o Criollo Cocoa Beans
o Forastero Cocoa Beans
o Trinitario Cocoa Beans
- Based on Product Type
o Cocoa Powder
o Cocoa Butter
o Cocoa Beverages
o Others (Cocoa Paste, Beauty Products)
- Based on End-User
o Chocolate & Confectionary Industry
o Food and Beverage Industry
o Cosmetics Industry
The Global Cocoa Beans Market is segmented as follows:
- By Type of Data (Market Size, Demand Analysis and Growth Analysis)
- By Components (Market Size, Demand Analysis and Growth Analysis)
- By Application (Market Size, Demand Analysis and Growth Analysis)
- By End-User (Market Size, Demand Analysis and Growth Analysis)
- North America
- Latin America
- Middle East and North Africa
- Rest of World
Market outlook for business players and entry level players to ascertain their business in dynamic ecosystem