Exported cocoa beans, whether whole or broken, raw or roasted, had a combined value of USD 8.6 billion in 2017.5,6 The global cocoa beans market is expected to grow at a compound annual growth rate (CAGR) of 7.3 per cent from 2019 to 2025 to reach USD 16.32 billion.7 The chocolate industry, which consumed 43 per cent of all cocoa in 2017, …
Italy sources a high share of its imports directly from cocoa-producing countries. Together, West African countries account for more than 70% of Italy's cocoa bean imports, but cocoa bean supplies from East Africa have grown in recent years. Italy is home to large-scale chocolate companies but also has several small-scale and high …
About Us. Cocoa Processing Company Limited (CPC) based in Tema was established in 1965. It was incorporated as a limited liability company in November 30, 1981 and publicly listed on the Ghana Stock Exchange on February 14, 2003. The company comprises three factories: two Cocoa Factories and a Confectionery Factory. The company processes …
Established: 1980 Headquarter: Switzerland Website: https:// ECOM Cocoa is a branch of the Switzerland-based commodity merchant and sustainable supply chain management company, ECOM Agroindustrial Corp. It … See more
By Inwalomhe Donald. August 8, 2022. Governor-elect of Osun State Senator Ademola Adeleke should consider the revival of Ede cocoa processing plant which is the first factory to produce chocolate in Nigeria which the out-going Governor Oyetola has abandoned. I want to appeal to Senator Adeleke to honour the agreement ex-Governor …
Project Type. Cocoa processing. Expand. Cocoa beans ready for grinding and extraction. The new cocoa processing plant producing cocoa mass. The new plant has a capacity of four metric tons per hour. Cocoa makes up 20% of Ghana's total exports. The immediate target of the government is to process at least 40% of the annual cocoa crop of 500,000t.
Niche Cocoa expands operations into USA. October 5, 2022. Reading Time: 3 mins read. A wholly-owned Ghanaian company, Niche Cocoa Industry, has opened a cocoa processing plant in the American city of Franklin in Tennessee, as part of a global expansion drive meant to consolidate its gains and process more Ghana cocoa beans …
China cocoa. China reportedly cultivated its first and new cocoa variety known as Reyin 4, which has been patented. Other cocoa …
Many of the large cocoa-growing companies are eyeing the Chinese market as a key destination for raw beans, semi-finished, and finished cocoa products. ... a Ghana-based cocoa processing company. Speaking at the China International Import Expo in 2022, he urged that the approach to entering the Chinese market with cocoa should not …
Niche Cocoa Industry, Ltd. is the leading privately operated cocoa processing company in Ghana established in 2011. Niche produces high-quality semi-finished cocoa products and confectionery for supply to the worldwide chocolate, ice cream, and bakery industries. Semi-finished products include natural and deodorized cocoa …
Cocoa Processing Company Limited, was established in 1965 and incorporated as a limited liability company in November 30, 1981. CPC has since been delighting the taste buds of Ghanaian with premium chocolates. With the total number of both direct and indirect employees at Niche Cocoa pegged at 600, an installed …
Olam Cocoa Processing Ghana Limited is an industry leader in agriculture that is active along the whole value chain. We operate in over 65 countries with almost 23,000 workers, serving more than 13,800 customers. The company is present on 16 platforms, 5 agri-commodity categories, and 4 value chain stage.
Schiphol, NETHERLANDS (November 2, 2021) — Cargill has completed a $100 million expansion of its cocoa processing facilities in Yopougon, Côte d'Ivoire, a move that adds significant volumes to the company's cocoa-grinding capacity. With this investment, the Yopougon facility is now the single largest cocoa-grinding plant in Africa. The upgrades, …
It operates in the cocoa processing sector through its Cargill Cocoa & Chocolate division. The company currently employs 149,000 employees in 70 countries, which include Canada, the US, France, Belgium, Germany, Brazil, Ghana, Indonesia, and China. It supplies products to the bakery and confectionery and dairy sectors.
The Cocoa Association of Asia (CAA) said latest Asian cocoa-bean grindings rose by 4.1% in the third quarter, compared with same period last year.
After China, Cote d'lvoire -- the world's largest producer of cocoa -- is eying investments from India to establish cocoa processing units and for direct sale of cocoa products. Home. Economy; Finance; Personal Finance; ... The state-owned company is currently operating a processing unit of 30,000 tonnes a year. It is exporting its cocoa ...
Ghana has hinted of an impending deal with China to establish a 50,000-tonne capacity cocoa processing plant at the cocoa producing enclave of Western North Region. The partnership project said to cost …
The Ghana Cocoa Processing Company currently has an installed capacity of a mere 25,000 tonnes. Currently, government is investing in-plant expansion to increase the processing capacity from …
Despite competition from smaller exporting countries, market concentration remains high in the global cocoa industry. China and the US economy are among the top importers of …
The global cocoa market attained a value of approximately USD 15.18 billion in 2023. The cocoa market is further expected to grow at a CAGR of 4.7% between 2024 and 2032 to attain a value of USD 22.95 billion by 2032. The cocoa market is dominated by West African countries like Ivory Coast, Ghana, and Nigeria, owing to the favourable weather ...
Government has announced a joint partnership deal with the Chinese to construct a 100 million dollar chocolate factory at Sefwi-Wiaso in the Western North region. Ghana's Minister for Food and Agriculture, Dr. …
Blommer Chocolate Company is the largest cocoa processor and ingredient chocolate supplier in North America. With four strategically located manufacturing facilities in North America, we provide …
The cocoa sector in Ghana is estimated to be worth over $5billion. Ghana's export revenue from cocoa has been rising in recent years; in 2018 the total export value was $3.2 billion, a 34% increase from 2017 and up 71% from 2016, according to TradeMap data. The sector has been a major foreign exchange earner and a catalyst for the …
COCOA PROCESSING COMPANY PLC 6 ANNUAL REPORTS AND FINANCIAL STATEMENTS REPORT OF THE DIRECTORS TO THE MEMBERS OF COCOA PROCESSING COMPANY PLC (CONT'D) ROLE OF THE BOARD The Directors are responsible for the long-term success of the Company, determine the strategic direction …
In March 2019 Swiss chocolatier Barry Callebaut inaugurated a new cocoa-grinding unit in Abidjan to increase the company's production capacity by 40% by 2022, part of plans to invest CHF55m ($55.9m) by that year. The new unit has raised Barry Callebaut's local grinding capacity to 215,000 tonnes. Moreover, at the end of 2019 US-based ...
This photo taken on Nov. 15, 2021, shows a cluster of cocoa fruits at a plantation in the East Region, Ghana. (Photo: Xinhua) The Chinese market offers a ray of hope for Ghana to diversify the ...
Nathaniel Durant, Chief Operating Officer (COO) of Niche Cocoa Industries, a Ghana-based cocoa processing company, said a well-cultivated Chinese market could become a key destination for raw ...
This statistic shows the production of cocoa beans from 2020/21 to 2021/22, with a forecast for 2022/23, by country. In crop year 2021/2022, about 2.1 million metric tons of cocoa beans were ...
China has entered into cocoa bean production and has achieved its first export, boosting the global cocoa production level.
a cocoa processing company at the tema free zone enclaves. it processes cocoa into liquor form and export all to the international markets. it also will soon be producing chocolate into the market. i addition to the chocolate it will produce cocoa butter. the company is envisioning to be one of the leading cocoa processing company in the world.