Table of Contents Executive Summary 1 Cocoa Liquor Market Overview 1.1 Product Overview and Scope of Cocoa Liquor 1.2 Cocoa Liquor Segment by Type 1.2.1 Global Cocoa Liquor Production Growth Rate Comparison by Type (2014-2025) 1.2.2 High Cocoa Content 1.2.3 Low Cocoa Content 1.3 Cocoa Liquor Segment by Application 1.3.1 Cocoa Liquor Consumption Comparison by Application (2014-2025) 1.3.2 Confectionery 1.3.3 Food and Beverage 1.3.4 Others 1.4 Global Cocoa Liquor Market by Region 1.4.1 Global Cocoa Liquor Market Size Region 1.4.2 North America Status and Prospect (2014-2025) 1.4.3 Europe Status and Prospect (2014-2025) 1.4.4 China Status and Prospect (2014-2025) 1.4.5 Japan Status and Prospect (2014-2025) 1.5 Global Cocoa Liquor Market Size 1.5.1 Global Cocoa Liquor Revenue (2014-2025) 1.5.2 Global Cocoa Liquor Production (2014-2025) 2 Global Cocoa Liquor Market Competition by Manufacturers 2.1 Global Cocoa Liquor Production Market Share by Manufacturers (2014-2019) 2.2 Global Cocoa Liquor Revenue Share by Manufacturers (2014-2019) 2.3 Global Cocoa Liquor Average Price by Manufacturers (2014-2019) 2.4 Manufacturers Cocoa Liquor Production Sites, Area Served, Product Types 2.5 Cocoa Liquor Market Competitive Situation and Trends 2.5.1 Cocoa Liquor Market Concentration Rate 2.5.2 Cocoa Liquor Market Share of Top 3 and Top 5 Manufacturers 2.5.3 Mergers & Acquisitions, Expansion 3 Global Cocoa Liquor Production Market Share by Regions 3.1 Global Cocoa Liquor Production Market Share by Regions 3.2 Global Cocoa Liquor Revenue Market Share by Regions (2014-2019) 3.3 Global Cocoa Liquor Production, Revenue, Price and Gross Margin (2014-2019) 3.4 North America Cocoa Liquor Production 3.4.1 North America Cocoa Liquor Production Growth Rate (2014-2019) 3.4.2 North America Cocoa Liquor Production, Revenue, Price and Gross Margin (2014-2019) 3.5 Europe Cocoa Liquor Production 3.5.1 Europe Cocoa Liquor Production Growth Rate (2014-2019) 3.5.2 Europe Cocoa Liquor Production, Revenue, Price and Gross Margin (2014-2019) 3.6 China Cocoa Liquor Production 3.6.1 China Cocoa Liquor Production Growth Rate (2014-2019) 3.6.2 China Cocoa Liquor Production, Revenue, Price and Gross Margin (2014-2019) 3.7 Japan Cocoa Liquor Production 3.7.1 Japan Cocoa Liquor Production Growth Rate (2014-2019) 3.7.2 Japan Cocoa Liquor Production, Revenue, Price and Gross Margin (2014-2019) 4 Global Cocoa Liquor Consumption by Regions 4.1 Global Cocoa Liquor Consumption by Regions 4.2 North America Cocoa Liquor Consumption (2014-2019) 4.3 Europe Cocoa Liquor Consumption (2014-2019) 4.4 China Cocoa Liquor Consumption (2014-2019) 4.5 Japan Cocoa Liquor Consumption (2014-2019) 5 Global Cocoa Liquor Production, Revenue, Price Trend by Type 5.1 Global Cocoa Liquor Production Market Share by Type (2014-2019) 5.2 Global Cocoa Liquor Revenue Market Share by Type (2014-2019) 5.3 Global Cocoa Liquor Price by Type (2014-2019) 5.4 Global Cocoa Liquor Production Growth by Type (2014-2019) 6 Global Cocoa Liquor Market Analysis by Applications 6.1 Global Cocoa Liquor Consumption Market Share by Application (2014-2019) 6.2 Global Cocoa Liquor Consumption Growth Rate by Application (2014-2019) 7 Company Profiles and Key Figures in Cocoa Liquor Business 7.1 Cargill 7.1.1 Cargill Cocoa Liquor Production Sites and Area Served 7.1.2 Cocoa Liquor Product Introduction, Application and Specification 7.1.3 Cargill Cocoa Liquor Production, Revenue, Price and Gross Margin (2014-2019) 7.1.4 Main Business and Markets Served 7.2 Olam 7.2.1 Olam Cocoa Liquor Production Sites and Area Served 7.2.2 Cocoa Liquor Product Introduction, Application and Specification 7.2.3 Olam Cocoa Liquor Production, Revenue, Price and Gross Margin (2014-2019) 7.2.4 Main Business and Markets Served 7.3 Barry Callebaut 7.3.1 Barry Callebaut Cocoa Liquor Production Sites and Area Served 7.3.2 Cocoa Liquor Product Introduction, Application and Specification 7.3.3 Barry Callebaut Cocoa Liquor Production, Revenue, Price and Gross Margin (2014-2019) 7.3.4 Main Business and Markets Served 7.4 SunOpta 7.4.1 SunOpta Cocoa Liquor Production Sites and Area Served 7.4.2 Cocoa Liquor Product Introduction, Application and Specification 7.4.3 SunOpta Cocoa Liquor Production, Revenue, Price and Gross Margin (2014-2019) 7.4.4 Main Business and Markets Served 7.5 Blommer 7.5.1 Blommer Cocoa Liquor Production Sites and Area Served 7.5.2 Cocoa Liquor Product Introduction, Application and Specification 7.5.3 Blommer Cocoa Liquor Production, Revenue, Price and Gross Margin (2014-2019) 7.5.4 Main Business and Markets Served 7.6 BT Cocoa 7.6.1 BT Cocoa Cocoa Liquor Production Sites and Area Served 7.6.2 Cocoa Liquor Product Introduction, Application and Specification 7.6.3 BT Cocoa Cocoa Liquor Production, Revenue, Price and Gross Margin (2014-2019) 7.6.4 Main Business and Markets Served 7.7 Ciranda 7.7.1 Ciranda Cocoa Liquor Production Sites and Area Served 7.7.2 Cocoa Liquor Product Introduction, Application and Specification 7.7.3 Ciranda Cocoa Liquor Production, Revenue, Price and Gross Margin (2014-2019) 7.4.4 Main Business and Markets Served 8 Cocoa Liquor Manufacturing Cost Analysis 8.1 Cocoa Liquor Key Raw Materials Analysis 8.1.1 Key Raw Materials 8.1.2 Price Trend of Key Raw Materials 8.1.3 Key Suppliers of Raw Materials 8.2 Proportion of Manufacturing Cost Structure 8.3 Manufacturing Process Analysis of Cocoa Liquor 8.4 Cocoa Liquor Industrial Chain Analysis 9 Marketing Channel, Distributors and Customers 9.1 Marketing Channel 9.1.1 Direct Marketing 9.1.2 Indirect Marketing 9.2 Cocoa Liquor Distributors List 9.3 Cocoa Liquor Customers 10 Market Dynamics 10.1 Market Trends 10.2 Opportunities 10.3 Market Drivers 10.4 Challenges 10.5 Influence Factors 11 Global Cocoa Liquor Market Forecast 11.1 Global Cocoa Liquor Production, Revenue Forecast 11.1.1 Global Cocoa Liquor Production Growth Rate Forecast (2019-2025) 11.1.2 Global Cocoa Liquor Revenue and Growth Rate Forecast (2019-2025) 11.1.3 Global Cocoa Liquor Price and Trend Forecast (2019-2025) 11.2 Global Cocoa Liquor Production Forecast by Regions (2019-2025) 11.2.1 North America Cocoa Liquor Production, Revenue Forecast (2019-2025) 11.2.2 Europe Cocoa Liquor Production, Revenue Forecast (2019-2025) 11.2.3 China Cocoa Liquor Production, Revenue Forecast (2019-2025) 11.2.4 Japan Cocoa Liquor Production, Revenue Forecast (2019-2025) 11.3 Global Cocoa Liquor Consumption Forecast by Regions (2019-2025) 11.3.1 North America Cocoa Liquor Consumption Forecast (2019-2025) 11.3.2 Europe Cocoa Liquor Consumption Forecast (2019-2025) 11.3.3 China Cocoa Liquor Consumption Forecast (2019-2025) 11.3.4 Japan Cocoa Liquor Consumption Forecast (2019-2025) 11.4 Global Cocoa Liquor Production, Revenue and Price Forecast by Type (2019-2025) 11.5 Global Cocoa Liquor Consumption Forecast by Application (2019-2025) 12 Research Findings and Conclusion 13 Methodology and Data Source 13.1 Methodology/Research Approach 13.1.1 Research Programs/Design 13.1.2 Market Size Estimation 13.1.3 Market Breakdown and Data Triangulation 13.2 Data Source 13.2.1 Secondary Sources 13.2.2 Primary Sources 13.3 Author List 13.4 Disclaimer

List of Tables and Figures Figure Picture of Cocoa Liquor Table Global Cocoa Liquor Production (K MT) Growth Rate Comparison by Types (2014-2025) Figure Global Cocoa Liquor Production Market Share by Types in 2018 Figure High Cocoa Content Product Picture Table High Cocoa Content Major Manufacturers Figure Low Cocoa Content Product Picture Table Low Cocoa Content Major Manufacturers Table Global Cocoa Liquor Consumption (K MT) Comparison by Applications (2014-2025) Figure Global Cocoa Liquor Consumption Market Share by Applications in 2018 Figure Confectionery Figure Food and Beverage Figure Others Table Cocoa Liquor Market Size (Million US$) Comparison by Regions (2014-2025) Figure North America Cocoa Liquor Revenue (Million USD) and Growth Rate (2014-2025) Figure Europe Cocoa Liquor Revenue (Million USD) and Growth Rate (2014-2025) Figure China Cocoa Liquor Revenue (Million USD) and Growth Rate (2014-2025) Figure Japan Cocoa Liquor Revenue (Million USD) and Growth Rate (2014-2025) Figure Global Cocoa Liquor Revenue (Million USD) (2014-2025) Figure Global Cocoa Liquor Production (K MT) (2014-2025) Table Global Cocoa Liquor Production (K MT) of Key Manufacturers (2014-2019) Table Global Cocoa Liquor Production Share by Manufacturers (2014-2019) Figure Cocoa Liquor Production Share by Manufacturers in 2018 Table Global Cocoa Liquor Revenue (Million USD) by Manufacturers (2014-2019) Table Global Cocoa Liquor Revenue Share by Manufacturers (2014-2019) Figure Global Cocoa Liquor Revenue Share by Manufacturers in 2018 Table Global Market Cocoa Liquor Average Price (USD/MT) of Key Manufacturers (2014-2019) Figure Global Market Cocoa Liquor Average Price (USD/MT) of Key Manufacturers in 2018 Table Manufacturers Cocoa Liquor Production Sites and Area Served Table Manufacturers Cocoa Liquor Product Types Figure Cocoa Liquor Market Share of Top 5 Manufacturers Figure Cocoa Liquor Market Share of Top 10 Manufacturers Table Global Cocoa Liquor Production (K MT) by Region (2014-2019) Table Global Cocoa Liquor Production Market Share by Region (2014-2019) Figure Global Cocoa Liquor Production Market Share by Region (2014-2019) Figure Global Cocoa Liquor Production Market Share by Region in 2018 Table Global Cocoa Liquor Revenue (Million USD) by Region (2014-2019) Table Global Cocoa Liquor Revenue Market Share by Region (2014-2019) Figure Global Cocoa Liquor Revenue Market Share by Region (2014-2019) Figure Global Cocoa Liquor Revenue Market Share by Region in 2018 Figure Global Cocoa Liquor Production (K MT) Growth Rate (2014-2019) Table Global Cocoa Liquor Production (K MT), Revenue (Million US$), Price (USD/MT) and Gross Margin (2014-2019) Figure North America Cocoa Liquor Production (K MT) Growth Rate (2014-2019) Table North America Cocoa Liquor Production (K MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2014-2019) Figure Europe Cocoa Liquor Production (K MT) Growth Rate (2014-2019) Table Europe Cocoa Liquor Production (K MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2014-2019) Figure China Cocoa Liquor Production (K MT) Growth Rate (2014-2019) Table China Cocoa Liquor Production (K MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2014-2019) Figure Japan Cocoa Liquor Production (K MT) Growth Rate (2014-2019) Table Japan Cocoa Liquor Production (K MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2014-2019) Table Global Cocoa Liquor Consumption (K MT) Market by Region (2014-2019) Table Global Cocoa Liquor Consumption Market Share by Region (2014-2019) Figure Global Cocoa Liquor Consumption Market Share by Region (2014-2019) Figure Global Cocoa Liquor Consumption Market Share by Region in 2018 Figure North America Cocoa Liquor Consumption Growth Rate (2014-2019) (K MT) Figure Europe Cocoa Liquor Consumption Growth Rate (2014-2019) (K MT) Figure China Cocoa Liquor Consumption Growth Rate (2014-2019) (K MT) Figure Japan Cocoa Liquor Consumption Growth Rate (2014-2019) (K MT) Table Global Cocoa Liquor Production (K MT) by Type (2014-2019) Table Global Cocoa Liquor Production Share by Type (2014-2019) Figure Production Market Share of Cocoa Liquor by Type (2014-2019) Figure Production Market Share of Cocoa Liquor by Type in 2018 Table Global Cocoa Liquor Revenue (Million USD) by Type (2014-2019) Table Global Cocoa Liquor Revenue Share by Type (2014-2019) Figure Revenue Share of Cocoa Liquor by Type (2014-2019) Figure Revenue Market Share of Cocoa Liquor by Type in 2018 Table Global Cocoa Liquor Price (USD/MT) by Type (2014-2019) Figure Global Cocoa Liquor Production Growth by Type (2014-2019) (K MT) Table Global Cocoa Liquor Consumption (K MT) by Application (2014-2019) Table Global Cocoa Liquor Consumption Market Share by Application (2014-2019) Figure Global Cocoa Liquor Consumption Market Share by Applications (2014-2019) Figure Global Cocoa Liquor Consumption Market Share by Application in 2018 Table Global Cocoa Liquor Consumption Growth Rate by Application (2014-2019) Figure Global Cocoa Liquor Consumption Growth Rate by Application (2014-2019) Table Cargill Cocoa Liquor Production Sites and Area Served Table Cargill Product Introduction, Application and Specification Table Cargill Cocoa Liquor Production (K MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2014-2019) Figure Cargill Cocoa Liquor Production Growth Rate (2014-2019) Figure Cargill Cocoa Liquor Production Market Share (2014-2019) Figure Cargill Cocoa Liquor Revenue Market Share (2014-2019) Table Cargill Main Business and Markets Served Table Olam Cocoa Liquor Production Sites and Area Served Table Olam Product Introduction, Application and Specification Table Olam Cocoa Liquor Production (K MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2014-2019) Figure Olam Cocoa Liquor Production Growth Rate (2014-2019) Figure Olam Cocoa Liquor Production Market Share (2014-2019) Figure Olam Cocoa Liquor Revenue Market Share (2014-2019) Table Olam Main Business and Markets Served Table Barry Callebaut Cocoa Liquor Production Sites and Area Served Table Barry Callebaut Product Introduction, Application and Specification Table Barry Callebaut Cocoa Liquor Production (K MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2014-2019) Figure Barry Callebaut Cocoa Liquor Production Growth Rate (2014-2019) Figure Barry Callebaut Cocoa Liquor Production Market Share (2014-2019) Figure Barry Callebaut Cocoa Liquor Revenue Market Share (2014-2019) Table Barry Callebaut Main Business and Markets Served Table SunOpta Cocoa Liquor Production Sites and Area Served Table SunOpta Product Introduction, Application and Specification Table SunOpta Cocoa Liquor Production (K MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2014-2019) Figure SunOpta Cocoa Liquor Production Growth Rate (2014-2019) Figure SunOpta Cocoa Liquor Production Market Share (2014-2019) Figure SunOpta Cocoa Liquor Revenue Market Share (2014-2019) Table SunOpta Main Business and Markets Served Table Blommer Cocoa Liquor Production Sites and Area Served Table Blommer Product Introduction, Application and Specification Table Blommer Cocoa Liquor Production (K MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2014-2019) Figure Blommer Cocoa Liquor Production Growth Rate (2014-2019) Figure Blommer Cocoa Liquor Production Market Share (2014-2019) Figure Blommer Cocoa Liquor Revenue Market Share (2014-2019) Table Blommer Main Business and Markets Served Table BT Cocoa Cocoa Liquor Production Sites and Area Served Table BT Cocoa Product Introduction, Application and Specification Table BT Cocoa Cocoa Liquor Production (K MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2014-2019) Figure BT Cocoa Cocoa Liquor Production Growth Rate (2014-2019) Figure BT Cocoa Cocoa Liquor Production Market Share (2014-2019) Figure BT Cocoa Cocoa Liquor Revenue Market Share (2014-2019) Table BT Cocoa Main Business and Markets Served Table Ciranda Cocoa Liquor Production Sites and Area Served Table Ciranda Product Introduction, Application and Specification Table Ciranda Cocoa Liquor Production (K MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2014-2019) Figure Ciranda Cocoa Liquor Production Growth Rate (2014-2019) Figure Ciranda Cocoa Liquor Production Market Share (2014-2019) Figure Ciranda Cocoa Liquor Revenue Market Share (2014-2019) Table Ciranda Main Business and Markets Served Table Production Base and Market Concentration Rate of Raw Material Figure Price Trend of Key Raw Materials Table Key Suppliers of Raw Materials Figure Manufacturing Cost Structure of Cocoa Liquor Figure Manufacturing Process Analysis of Cocoa Liquor Figure Cocoa Liquor Industrial Chain Analysis Table Cocoa Liquor Distributors List Table Cocoa Liquor Customers List Table Market Key Trends Table Key Opportunities Table Market Key Drivers Table Key Challenges Table Key Influence Factors Figure Global Cocoa Liquor Production (K MT) and Growth Rate Forecast (2019-2025) Figure Global Cocoa Liquor Revenue (Million USD) and Growth Rate Forecast (2019-2025) Figure Global Cocoa Liquor Price and Trend Forecast (2019-2025) Table Global Cocoa Liquor Production (K MT) Forecast by Region (2019-2025) Figure Global Cocoa Liquor Production Market Share Forecast by Region (2019-2025) Figure North America Cocoa Liquor Production (K MT) and Growth Rate Forecast (2019-2025) Figure North America Cocoa Liquor Revenue (Million USD) and Growth Rate Forecast (2019-2025) Figure Europe Cocoa Liquor Production (K MT) and Growth Rate Forecast (2019-2025) Figure Europe Cocoa Liquor Revenue (Million USD) and Growth Rate Forecast (2019-2025) Figure China Cocoa Liquor Production (K MT) and Growth Rate Forecast (2019-2025) Figure China Cocoa Liquor Revenue (Million USD) and Growth Rate Forecast (2019-2025) Figure Japan Cocoa Liquor Production (K MT) and Growth Rate Forecast (2019-2025) Figure Japan Cocoa Liquor Revenue (Million USD) and Growth Rate Forecast (2019-2025) Table Global Cocoa Liquor Consumption (K MT) Forecast by Regions (2019-2025) Figure Global Cocoa Liquor Consumption Market Share Forecast by Regions (2019-2025) Figure North America Cocoa Liquor Consumption (K MT) Growth Rate Forecast (2019-2025) Figure Europe Cocoa Liquor Consumption (K MT) Growth Rate Forecast (2019-2025) Figure China Cocoa Liquor Consumption (K MT) Growth Rate Forecast (2019-2025) Figure Japan Cocoa Liquor Consumption (K MT) Growth Rate Forecast (2019-2025) Table Global Cocoa Liquor Production (K MT) Forecast by Type (2019-2025) Figure Global Cocoa Liquor Production (K MT) Forecast by Type (2019-2025) Table Global Cocoa Liquor Revenue (Million USD) Forecast by Type (2019-2025) Figure Global Cocoa Liquor Revenue Market Share Forecast by Type (2019-2025) Table Global Cocoa Liquor Price (USD/MT) Forecast by Type (2019-2025) Table Global Cocoa Liquor Consumption (K MT) Forecast by Application (2019-2025) Figure Global Cocoa Liquor Consumption Forecast by Application (2019-2025) Table Research Programs/Design for This Report Figure Bottom-up and Top-down Approaches for This Report Figure Data Triangulation Table Key Data Information from Secondary Sources Table Key Data Information from Primary Sources

Cargill Olam Barry Callebaut SunOpta Blommer BT Cocoa Ciranda