Cocoa Liquor Market to Reach US$ 12,229.3 million by 2033 Amid Growing Popularity of Unsweetened Chocolate Goods to Fuel Market Growth

The cocoa liquor market is forecast to expand at 6% CAGR through 2033, as per FMI’s analysis. The industry’s size is predicted to reach a valuation of US$ 7,021 million in 2023. The market for cocoa liquor is expected to expand at a steady rate in the following years. Chocolate manufacturers extensively use cocoa liquor in their production processes. Even in emerging economies, …

Cocoa Liquor Market Global Industry Historical Background, Industry Structure, Development, Demographics, and Sector Opportunities Till 2031| FMI

Against this backdrop, the sales of Cocoa Liquor Market via online stores and eCommerce platforms is expected to surge. Despite the spread of COVID-19, the rising online demand will enable the market to exhibit a stable rate of growth at a CAGR of 3.2% between 2021 and 2031. There has been a sharp increase in the demand …