INDONESIA – Cargill, a leading global food and agribusiness, has announced the opening of the Cargill Cocoa Development Center in Gresik, Indonesia to foster innovation in the Asia-Pacific region amid changing consumer preferences. 

The pioneering Cargill Cocoa Development Center will help address the fast-changing Asian consumer preferences by facilitating the faster creation of cocoa products with unique and desired taste profiles. 

The Center is seamlessly integrated into Cargill’s cocoa processing plant within the same site, designed to enable customer-driven innovation with greater speed and agility. 

Francesca Kleemans, Managing Director, Food Solutions Southeast Asia, Cargill said, “Cargill Cocoa Development Center is a substantial investment that strengthens our capability to innovate for Asian consumers as a “bean to bar” innovation partner to our customers, backed by our extensive global supply chain networks, deep market insights and customized sustainability solutions.” 

The state-of-the-art Cocoa Development Center is equipped with a comprehensive suite of facilities that will enable proficiency in small-scale product and process development.  

According to the company, the center will operate as an advanced pilot production facility, allowing for faster prototype development and product trials from cocoa beans to cocoa ingredients 

The Cocoa Development Center will enhance Cargill’s existing global R&D intelligence and networks by enabling end-to-end innovation from cocoa product development to food and drink applications. 

“This Cocoa Development Center serves as a catalyst for innovation, collaboration, and the advancement of new, sustainable cocoa products. Through this Centre, we are excited to collaborate and innovate more closely with our customers to bring innovative food solutions to delight consumers across Asia and the world,” added Francesca. 

Cocoa and Coffee market on the uptrend 

Asia stands out for its immense innovation potential as the fastest-growing region that currently accounts for about 25% of cocoa consumption in the world. 

The Asia Pacific cocoa and chocolate market size was US$6,019.15 million in 2019 and is projected to reach US$ 8,892.57 million by 2027, exhibiting a CAGR of 5.42% during the forecast period. 

The market is primarily driven by emerging trends such as healthy indulgence of low-fat and sugar-free chocolates. 

The demand for chocolate confectioneries and other chocolate-based food products such as chocolate beverages, bakery, and dairy products are attributed to the increasing middle-class population in the region, with many consumers moving out of poverty and adopting snacking habits.