Global Cocoa Market Expected to Register CAGR of 3.4% by 2026-End
According to a recent study published by Future Market Insights, factors as such are decelerating the growth in sales of cocoa in the global food & beverage industry. Farmers and cocoa manufacturers are unable to meet the world's rising chocolate consumption. The study estimates that over US$ 10 billion worth of cocoa was consumed globally in 2016. However, by the end of 2026, these revenues would have registered a modest 3.4% CAGR and accounted for sales of just above US$...
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