A significant challenge is the rising price of raw cacao beans, currently at XAF2000 per kg and expected to climb further. This increase stems from years of grievances by cacao farmers and heightened scrutiny from global chocolate giants for ethical sourcing and high-quality beans.
A major opportunity lies in the projected surge in cacao production driven by the Cameroonian government's goal to double national output by 2025 (target of 640,000 tons). This anticipated increase, coupled with the upward trend of local cacao processing, will lead to a surplus of cacao beans and related products like cacao powder, cocoa butter, and cocoa liquor will emerge, fuelling the production of various chocolate confectionery products.
Cameroon’s government has recently stated that one of its core economic objectives in the short-to-medium term is to significantly reduce the trade deficit. To achieve this goal, it will seek to curb imports by imposing higher taxes, while simultaneously providing subsidies to promote domestic production across a range of industries.
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Understand the latest market trends and future growth opportunities for the Chocolate Confectionery industry in Cameroon with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Chocolate Confectionery industry in Cameroon, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Chocolate Confectionery
This is the aggregation of tablets, countlines, chocolate pouches and bags, boxed assortments, seasonal chocolate, chocolate with toys, and other chocolate confectionery. Nuts and fruits covered in chocolate are included in this category. Note that chocolate overtly positioned for baking/cooking purposes is excluded from Euromonitor International's confectionery coverage.
See All of Our DefinitionsThis report originates from Passport, our Chocolate Confectionery research and analysis database.
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