Archer Daniels Midland Co. (ADM) is the world’s largest cocoa-bean processor. It buys cocoa beans and converts them into cocoa powder and cocoa butter, which it then sells to companies like Hershey’s that manufacture consumer products containing chocolate. ADM is operating in a(n) market.

Industrial

Explanation:

Industrial market is the market where set of all the individuals as well as organizations or firm that acquire the services and goods that enter the production process of other products and services and are rented, supplied or sold to others.

Example of industrial market, is that the company provides or offers the services like cleaning, laundering require to various businesses.

So, in this ADM company produces cocoa beans and buys the cocoa beans and convert them into cocoa butter and cocoa powder. Therefore, the company is operating in the industrial market.

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