Chocolate Liquor Prices, Trend & Forecasts | Provided by Procurement Resource

The solid or semi-solid state of pure cocoa mass is what makes chocolate liquor, also known as cocoa liquor. It is chocolate in a silky liquid form. Similar to the cocoa beans (nibs) from which it is made, chocolate liquor is made up of both cocoa solids and cocoa butter in nearly equal amounts. It serves as the main component in making chocolate.

The cocoa beans that have been fermented, cleaned, dried, and removed from their shells are the source of chocolate liquor. To create chocolate liquor, the acquired cocoa nibs are then roasted and ground into a very fine, liquid material. Following processing, this liquor can either be used directly in chocolates or separated into its two components, cocoa butter, and powder.

The largest producing chocolate liquor countries are Ivory Coast, Ghana, Nigeria, Cameroon, Brazil, Ecuador, Indonesia, and Papua New Guinea.

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Key Details About the Chocolate Liquor Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Chocolate Liquor price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Chocolate Liquor price chart, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Chocolate Liquor Price Trend:

There are several applications for Chocolate Liquor in the industrial sector that influence the price trend such as dark chocolate, white chocolate, milk chocolate, chocolate bar, and chocolate powder.

Key Players:

• Guan Chong Berhad (GCB)
• Wuxi Huadong Cocoa Food Co., Ltd.
• Lotus Chocolate Co. Ltd.
• Olam International

News and Events:

• March 2021: Nestle unveiled its newest range of "Incoa" bars, a distinctive product that uses cocoa fruit pulp as a healthy and sustainable alternative to sugar. The 'Incoa' bar reportedly made its debut in France and the Netherlands, with other European nations following soon after. The manufacture of chocolate using cocoa fruit pulp lowers product waste in addition to more sugar.

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