Published On:June 20, 2017, 3:55 pm
Organic chocolate is certified organic chocolate. It is anemerging sector in the global chocolate industry. Organic chocolate is prepared from organic raw materials such as sugar, organic cocoa, milk, and others. Organic cocoa production is only 0.6% of the world's total cocoa production. Organic chocolate has many varieties, including milk chocolate dark chocolate, white chocolate, and milk chocolate. However the demand of organic food is growing on very fast. It is a challenge for production sector to meet the demand.
Since, farmers are yielding plenteous amount for producing organic cocoa, production of organic cocoa is more in least developed countries.Cocoa production is highly concentrated in West African countries such as Nigeria, Cameroon, Cote d'Ivoire, and Ghana.Organic chocolate is produced using cocoa beans that are not treated with artificial herbicides, pesticides or fertilizers. Ideally, organic chocolate is least processed, and produced in separate facilities apart from conventional chocolate. All the ingredients used in manufacturing of organic chocolate must be organically produced.
In 2012, the global organic chocolate market was evaluated nearly USD 732 million. It is expected to reach approximately USD 977 million by 2022. The compound annual growth rate is estimated to be 2.38% during the forecast period of 2017 to 2022. The major exporters of organic chocolate are Australia, U.K.,Germany, Netherlands and U.S. The global organic chocolate market is extremely consumer propelled and companies have to focus on their marketing strategies to attract large consumer base. Organic cocoa helps toimprove blood flow, protect skin and lower blood pressure. Addition of new flavors, increasing health consciousness particularly with calories related to chocolates is driving growth of the global organic chocolate market.The restraining factors will be higher cost and limited availability.
The key manufacturers in global organic chocolate market are Newman’s Own, Artisan Confections Company, Rococo Chocolates, GREEN & BLACK’S, Giddy Yoyo, Taza Chocolate, The Raw Chocolate Company,Sweetriot,NibMor, The Grenada Chocolate Company, Scharffen Berger, EQUAL EXCHANGE COOP, Mason & Co., ALTER ECO, Lake Champlain Chocolates, Endangered Species Chocolate and ChocolatBernrain AG/ Chocolat Stella. Geographically, the market is segmented into regions which are Southeast Asia, North America, Latin America, Europe, Middle East, Africa, Japan, India, China and Rest of Asia Pacific. On the basis of product type the market split into parts which are Organic Dark Chocolate, Organic White Chocolate and Organic Milk Chocolate. By application market segmented into Supermarkets and Hypermarkets, Independent Retailers, Convenience Stores, Specialist Retailers and Online Retailers.
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