Daily Archives: October 23, 2018

Baby Foods, Baking, Cookies, Cooking, Food, Food & Beverage, Marketing

Global Cocoa Market: Europe stands as the largest cocoa beans consumer – way ahead of North America and Asia Pacific regions

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Global Cocoa Market Y-o-Y Growth Analysis by B2B, 2017 and 2028

DUBLIN 2, Ireland, 23-Oct-2018 — /ERP FOOD & BEVERAGE NEWS/ — A recent study by Fact.MR on the Europe cocoa market brings interesting insights to the fore. The comprehensive report by Fact.MR tracks cocoa production and consumption across key European markets. The report is available for direct purchase, however, a sample of the report has been made available by Fact.MR at

https://www.factmr.com/connectus/sample?flag=S&rep_id=44

According to the report, Europe stands as the largest cocoa beans consumer – way ahead of North America and Asia-Pacific regions. Europe has seven of the top ten chocolate consuming countries in terms of per capita. Netherlands, France, Belgium, and Germany are the key importers as well as consumers of cocoa. While food and beverages remains the key sector using cocoa, the demand is also growing in pharmaceutical, cosmetics, and personal care industry.

Cocoa Powder Outsells Butter and Liquor Variants

The Fact.MR study opines that cocoa powder demand has been growing at a faster pace in the region, over cocoa butter and cocoa liquor. Fact.MR estimates that cocoa supply has been in surplus in Europe since past several years, owing to a straight growth in demand. The stakeholders in the European cocoa market most importantly the manufacturers of finished products, are gauzing the consumer sentiments well, and hence keeping their inventory levels satiated.

The comprehensive study is available for direct purchase, get your copy now at https://www.factmr.com/checkout/44/S

One of the key factors driving the European cocoa consumption is the blend of tradition and innovation in the cocoa products processing. Europeans prefer chocolate in the form of both bars and drinks. European consumers are not only concerned about their intrinsic health, but also have a great concern for their skin. This factor has kept aloft the demand for cocoa butter in the European cosmetics industry. Because cocoa is edible and its taste is liked by the European masses, its application in lip balms is not uncommon. Besides, the European cosmetics companies are also increasing the number of their products such as body lotions and facial creams having cocoa as an ingredient.

European drug shelves crowd a range of nutraceutical and health supplement products with cocoa. Chocolate is one of the most identical flavor to European neutraceutical consumers, due to which the demand of cocoa in this industry. The research works on cocoa has stated the favorable impact of cocoa in the cardio-metabolic diseases, which motivates the European medical advisors and consultants to encourage their customers and clients to use cocoa based pharmaceutical products. These factors are likely to provide an impetus to the growth of Europe cocoa market.

Besides, individual fondness of cocoa, there are several activities that further aggravates the interest levels of stakeholders in this industry. Food and beverages trade fairs in Europe are one of the prime drivers of cocoa demand in the region. Finland is one of key countries organizing such events, which includes Wine, Food & Good Living, e-Commerce and Shop Tech, and Gastro Helsinki. In Wine, Foods & Good Living exhibition, there are significant number of stands for beverages cocoa. The e-Commerce and Shop Tech exhibition trade fair brings the industry stakeholders at a common place to web a mesh of planning heads. Gastro Helsinki is a trade fair that focuses on bringing hotels, restaurants, and catering industries on a discussion platform. Some of the other trade fairs and events promoting cocoa and chocolate in Europe include Salon du Chocolat (France), Intersuc (France), Sial (France), Chocoa Trade Fair (Netherlands), Eurochocolate (Italy), and BioFach (Germany). These events have helped rejuvenated the interest and thus demand for cocoa and cocoa products in the region.

About the Report

Fact.MR’s report on cocoa market offers a pragmatic and comprehensive analysis that are influencing demand and supply in Europe and beyond. The research study tracks the consumption and production of cocoa in Europe. An in-depth analysis on the product and business strategies of key players has been included in the research study.

SOURCE: EuropaWire

Fish, Food, Food & Beverage, Frozen Food, Marketing

Global Tilapia Market Study: The escalating #US-China #tradewar can have an impact on tilapia sales in the US, as #China is one of the largest #exporters to the US

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Tilapia Export and Domestic Market Price Forecast, US$ per KG

DUBLIN 2, Ireland, 23-Oct-2018 — /EPR FOOD & BEVERAGE NEWS/ — Fact.MR, a leading research firm that tracks markets in over 150 countries, announces the launch of its recent study that offers an in-depth analysis on the global tilapia trade. The 170-page report is a comprehensive source of insights that tracks the production and consumption of tilapia in key markets, including the US, China, Canada, France, UK, and Spain. The Fact.MR study is available for direct purchase; readers also have the option of requesting a sample of the report.

Sample available at https://www.factmr.com/connectus/sample?flag=S&rep_id=649

The Fact.MR study offers in-depth analysis on the key factors influencing tilapia sales. Key insights from the report:

  • China, the largest producer of tilapia, accounted for nearly 28% of global production in 2017
  • Production is increasing in Egypt and Indonesia – collectively, these two markets accounted for over 36% of global production in 2017
  • Declining consumption in key markets are putting strains on profit margins of key players
  • Low profit margins are influencing tilapia farmers to focus on other specialty fishes, such as pangasius
  • The sluggishness in US tilapia consumption is offset, to a certain degree, by increase in Russian Federation and increasing domestic consumption
  • Tilapia exports remain concentrated in the frozen variety – over 80% of total US demand for tilapia was for frozen variants
  • Sensing the weak demand in US, Asian producers are focusing on increasing their footprint in domestic markets

China: The World’s Largest Producer of Tilapia 

China remains the single largest supplier of tilapia to the world, however, it is facing increasing competition from other Asian countries, including Bangladesh, Vietnam, Egypt, and Indonesia. Faced with declining demand in the US, Chinese producers are focusing on increasing their footprint in Africa. Further, rising domestic demand in China has also offset some of the weakness encountered due to declining consumption in the US.

Tilapia Production by Key Countries (‘000 KT)
2015 A 2016 A 2017 A 2022 F 2028 F
Greater China 1,850 1,930 1,989 2,313 2,580
Indonesia XX XX XX XX XX
Egypt XX XX XX XX XX
Philippines XX XX XX XX XX
Vietnam XX XX XX XX XX

(A: Actual; F: Forecast)

Speak to the authors of this report for more information on redacted figures.

United States: The World’s Largest Consumer of Tilapia

Tilapia sales in the US are witnessing a decline, after gaining popularity as a low-cost seafood option for Americans. Although tilapia is still one of the popular seafood varieties in the US, the overall decline in frozen food products is rubbing off on tilapia as well. The escalating US-China trade war can have an impact on tilapia sales in the US, as China is one of the largest exporters to the US. According to the Fact.MR study, sales of fresh/chilled tilapia fillets and whole tilapia is likely to witness a decline in the US.

Tilapia Market: A Highly Fragmented Landscape 

The tilapia market remains highly fragmented, with tier III companies accounting for over 50% revenue share. Consumer preference towards fresh tilapia is met through domestic production, especially in China and Asian countries, especially in countries where consumption is less than production. Further, stringent regulations on the export of tilapia mean that small fish farmers rely on local sales.

According to the Fact.MR study, product diversification and compliance to regulations in developed countries are the key focus areas of Tier I and Tier II players. These players are also focusing on issues that are of paramount importance to their target audience, such as eco-labeling and low use of antibiotics.

The Fact.MR study on the tilapia market tracks the business and product strategies of the key producers, suppliers, and other stakeholders. The key companies profiled in the Fact.MR report include,

  • Baiyang Aquatic Group
  • Blue Ridge Aquaculture, Inc.
  • Global Fish
  • Guangdong Guomei Aquatic Products Co.
  • Hainan Sky-Blue Ocean Foods Co.
  • Hainan Xiangtai Fishery Co.
  • Hanjiang Evergreen Aquatic Product Science and Technology Co Ltd.
  • Hebei Zhongjie Tilapia Breeding Co. Ltd.
  • Mazzetta Company, LLC.
  • Northern Tilapia Inc.
  • Sunshine Tilapia Corp.
  • Til-Aqua International
  • Tongwei Co.

170 Pages, 48 tables, 94 figures, 50+ countries. Get a copy of the report now.

About the Report

“Tilapia Market Forecast, Trend Analysis and Competition Tracking – Global Review 2018-2028” focuses on prominent trends in the production and consumption of tilapia in key regions. The vital facets of the market including market drivers, restraints, opportunities, and threats have been diligently analyzed in this market. The report also profiles the business and product strategies of some of the leading players in the market.

SOURCE: EuropaWire