SIC 2066 - Chocolate And Cocoa Products
Establishments primarily engaged in shelling, roasting, and grinding cacao beans for the purpose of making chocolate liquor, from which cocoa powder and cocoa butter are derived, and in the further manufacture of solid chocolate bars, chocolate coatings, and other chocolate and cocoa products. Also included is the manufacture of similar products, except candy, from purchased chocolate or cocoa. Establishments primarily engaged in manufacturing candy from purchased cocoa products are classified in Industry 2064.
Industry trends:
The chocolate and cocoa products industry (NAICS 2066) is currently experiencing several notable qualitative trends. A significant shift towards sustainability is evident, with companies increasingly adopting eco-friendly practices such as sourcing certified sustainable cocoa and reducing their carbon footprint. Transparency in supply chains is becoming a norm, as consumers demand to know more about the origins of their products and the ethical practices involved in their production.
Health consciousness is also shaping the industry, leading to the introduction of healthier alternatives with lower sugar content, organic ingredients, and functional additives like probiotics. This dovetails with a rising interest in plant-based and vegan chocolates, catering to the growing demographic of health and environmentally conscious consumers.
Artisanal and premium chocolate segments are on the rise, as consumers seek high-quality, unique flavor experiences, often derived from single-origin cocoa beans. This trend reflects a broader consumer preference for quality over quantity, driving growth in specialty chocolate markets.
Forecasts for the near future suggest these trends will continue, with technological advancements enhancing the efficiency and transparency of supply chains. The adoption of blockchain and AI for traceability and quality control is expected to become more widespread. Moreover, as health and environmental concerns intensify, companies that adapt to these demands with innovative, responsible products are likely to see sustained growth.
This industry is comprised of:
Baking chocolate
Bars, candy: solid chocolate
Cacao bean products: chocolate, cocoa butter, and cocoa
Cacao beans: shelling, roasting, and grinding for making chocolate
Candy, solid chocolate
Chocolate bars, solid: from cacao beans
Chocolate coatings and syrups
Chocolate liquor
Chocolate syrup
Chocolate, instant
Chocolate, sweetened or unsweetened
Cocoa butter
Cocoa mix, instant
Cocoa, powdered: mixed with other substances
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