CATEGORY

Chocolate

Beroe LiVE.Ai™

AI-powered self-service platform for all your sourcing decision needs across 1,600+ categories llike Chocolate.

Market Data, Sourcing & Supplier Intelligence, and Price & Cost Benchmarking.

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Chocolate Industry Benchmarks

Savings Achieved

(in %)

The average annual savings achieved in Chocolate category is 5.83%

Payment Terms

(in days)

The industry average payment terms in Chocolate category for the current quarter is 72.0 days

Compare your category performance against peers and industry benchmarks across 20+ parameters on Beroe LiVE.Ai™

Category Strategy and Flexibility

Engagement Model

Supply Assurance

Sourcing Process

Supplier Type

Pricing Model

Contract Length

SLAs/KPIs

Lead Time

Supplier Diversity

Targeted Savings

Risk Mitigation

Financial Risk

Sanctions

AMEs

Geopolitical Risk

Cost Optimization

Price per Unit Competitiveness

Specification Leanness

Minimum Order Quality

Payment Terms

Inventory Control

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    Chocolate Suppliers

    Chocolate Supplier

    Find the right-fit chocolate supplier for your specific business needs and filter by location, industry, category, revenue, certifications, and more on Beroe LiVE.Ai™.

    Sample Supplier
    Company
    CARGILL INCORPORATED
    Location
    Jackson, Mississipi
    Duns number
    3862211
    D&B SER Rating
    dnb logo

    Up to 3 months

    1 9
    5
    Low Risk High Risk

    The Supplier Evaluation Risk (SER) Rating is Dun & Bradstreet’s proprietary scoring system used to assess the probability that a business will seek relief from creditors or cease operations within the next 12 months. SER ratings range from 1 to 9, with 9 indicating the highest risk of failure. We’ve prepared an infographic to help business owners better understand what influences their SER Rating.

    Moody`s ESG Solution
    ESG Profile
    Company and Sector Performance
    29
    100
    Weak (1)
    ESG Perfomance (/100)
    Environment
    38
    Social
    28
    Governance
    19
    6 Domains Performance (/100)
    Business behaviour
    38
    Human rights
    24
    Community Environment
    26
    Corporate governance
    9
    Human resources
    21
    Security Scorecard
    82
    Threat indicators
    B
    88
    Network Security
    Detecting insecure network settings
    A
    100
    Hacker Chatter
    Monitoring hacker sites for chatter about your company
    C
    77
    DNS Health
    Detecting DNS insecure configuration and vulnerabilities
    C
    75
    Application Security
    Detecting common website application vulnerbilities
    C
    74
    Endpoint Security
    Detecting unprotected enpoints or entry points of user tools, such as desktops, laptops mobile devices, and virtual desktops
    A
    97
    Cubic Score
    Proprietary algorithms checking for implementation of common security best practices
    A
    93
    Patching Cadence
    Out of date company assets which may contain vulnerabilities of risk
    A
    100
    Social Engineering
    Measuring company awareness to a social engineering or phising attack
    A
    95
    IP Reputation
    Detecting suspecious activity, such as malware or spam, within your company network
    A
    100
    Information Leak
    Potentially confidential company information which may have been inadvertently leaked
    Industry Comparison
    cargill.com
    Industry average
    Adverse Media Appearances
    Environmental Issues
    23
    Workforce Health Safety Issues
    0
    Product Service Issues
    14
    Human Rights Issues
    23
    Production Supply Chain Issues
    8
    Environmental Non Compliance Flags
    45
    Corruption Issues
    0
    Regulatory Non Compliance Flags
    25
    Fraud Issues
    5
    Labor Health Safety Flags
    48
    Regulatory Issues
    20
    Workforce Disputes
    6
    Sanctions
    0
    esg energy transition
    47
    Discrimination Workforce Rights Issues
    19
    esg controversies critical severity
    Yes

    Chocolate market report transcript

    Chocolate Global Market Outlook

    • The global chocolate market is expected to grow at a CAGR of 5 percent during 2021–2025. A significant market growth in the food & beverage market has aided the chocolate market, at 2020, it reached $120 billion

    Impact of COVID-19 on Chocolate Industry

    • Chocolate prices are expected to witness an increase across Europe and the US, as the demand is drove by the seasonality, and this trend is expected to stay until mid Q1 2022. The increasing import of premium chocolate by the US, due to increasing demand and the existing supply gap induced by the recovering production and trade is also aiding this hike.

    Global Chocolate Market: Drivers and Constraints 

    Industry Drivers

    • Seasonal trends: The demand and the increase in rate of consumption have a cyclic pattern, as it is swayed by the festivals and special occasions around the globe, which then triggers the price and the requirements

    • Product innovation: Constant innovation is required to diversify the product and brand from the highly concentrated market with endless verity of products and the probability of innovation to be copied. The want for premium and innovative products by consumers drive the growth within the market

    Constraints

    • Raw material availability: As the unpredictable climatic changes have drastically affected the producing regions, the production is affected and the ease of sourcing is also compromised

    • Price sensitive: Though the demand for premium products is increasing in the consolidated market, the emerging markets with great potential is still a price sensitive market, which demands for high quality products

    • Growing competition for raw material: The ease to source and the demand in the emerging markets are causing scarcity and push up the price for cocoa, as all the buyers rely on the same region to source from giving more power to suppliers

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