Global Cocoa Market Analysis

Dorinda04 Apr, 2023Other

Over the forecast period 2019-2028, the global cocoa market is expected to grow at a moderate rate of around 6%. Cocoa serves as a major crop around the world, a cash crop for producing countries, and a key import for processing and consuming countries. Cocoa cultivation at the farm level is a delicate process as crops are susceptible to various conditions including weather patterns, diseases, and insects.