The main component used to make chocolates is cocoa. According to estimates, chocolate production uses more than 40% of the world's total cocoa production. As a result, one of the major factors driving up demand for cocoa on the global Cocoa Market is the rising popularity of chocolate. Minerals and antioxidants are abundant in cocoa-based chocolate. Due to its high calorie content, chocolate consumption in moderation aids with weight maintenance. Chocolate consumption lowers cholesterol levels and the risk of cardiovascular issues. Additionally, because to its aroma and flavour, chocolate has been regarded as a luxury or premium good since ancient times. The methods used to refine cocoa can also be used to segment the global cocoa market into submarkets.
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