Malaysia Cocoa Market Trends, Growth Drivers Analysis: Key Major Players Are Barry Callebaut, Nestle SA, Ferrero SpA, Hershey Company and Kraft Foods
The global cocoa market was valued at 3,455,622 metric tons in 2013 and is projected to grow at a compounded annual growth rate of approximately 3% in the period 2014-2019. The world is faced with the challenge of low cocoa supply primarily due to the fragile nature of the crop and weather and political conditions in the producing nations. In 2015, global consumption is expected to have exceeded world cocoa production by 17,000 tons. Cocoa reserves fell 27% year-on year...
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