Global Organic Cocoa Powder By Product Type (Cocoa Liquor, Cocoa Powder, Cocoa Butter, Cocoa Paste, Cocoa Beans and Others), Distribution Channel (Modern Trade, Specialty Stores, Convenience Stores, Traditional Grocery Stores, Online Stores and Other), End User (Chocolate and Confectionary, Beverages, Bakery, Functional Food, Cosmetics, Pharmaceuticals and Others), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights: Global Organic Cocoa Powder Market
Data Bridge Market Research analyses that the global organic cocoa powder market will project a CAGR of 7.20% for the forecast period of 2021-2028. Increasing personal disposable income, rising usage of processed products in the food and beverage sector and rise in the demand for organic cocoa powder by a wide range of end user verticals such as chocolate and confectionary, beverages, bakery, functional food, cosmetics, pharmaceuticals and others are the major factors attributable to the growth of organic cocoa powder market. Therefore, the market value, which was USD 0.8 billion in 2020, will rocket up to USD 1.39 billion by 2028.
Cocoa is a rich source of polyphenol which is an antioxidant that helps lower blood pressure and prevents inflammation. Cocoa is widely used as a raw material by the food and beverages industry for a wide range of products. It is also used in the production of dark chocolates and provides a good nutritional content to the body.
Rising personal disposable income and rising awareness among consumers for various health benefits of chocolate consumption especially in the developing regions are the major factors fostering the growth of the organic cocoa powder market. Increasing application of organic cocoa powder in the pharmaceutical drugs owing to its antibacterial and anti-enzymatic properties and increasing demand for coca from the food and beverage industry are other important factors acting as organic cocoa powder market growth determinant. High adoption of sustainable cocoa cultivation will further create lucrative growth opportunities for the organic cocoa powder market. Growing penetration of e- commerce platforms, growth and expansion of e-commerce industry especially in the developing economies and westernization will further induce growth in the organic cocoa powder market value. Increased focus on innovation with cocoa powder to create new food and beverage products will also induce growth in the market value.
However, side-effects arising due to the high consumption of cocoa will pose a major challenge to the growth of organic cocoa powder market. Also, fluctuating prices of the organic cocoa will further derail the organic cocoa powder market growth rate. Strict regulations and restriction for the consumption of cocoa powder due to the presences of cadmium will also dampen the organic cocoa powder market growth rate.
This organic cocoa powder market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on organic cocoa powder market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Organic Cocoa Powder Market Scope and Market Size
The organic cocoa powder market is segmented on the basis of product type, distribution channel and end user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product type, the global organic cocoa powder market is segmented into cocoa liquor, cocoa powder, cocoa butter, cocoa paste, cocoa beans and others.
- Based on the distribution channel, the organic cocoa powder market is segmented into modern trade, specialty stores, convenience stores, traditional grocery stores, online stores and others.
The organic cocoa powder market is also segmented on the basis of end user. The end user is segmented into chocolate and confectionary, beverages, bakery, functional food, cosmetics, pharmaceuticals and others.
Organic Cocoa Powder Market Country Level Analysis
The organic cocoa powder market is analyses and market size, volume information is provided by country, product type, distribution channel and end user as referenced above.
The countries covered in the organic cocoa powder market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
North America region dominates the organic cocoa powder market and will continue to flourish its trend of dominance during the forecast period owing to the growing demand for cocoa in cosmetics and personal care products. Asia-Pacific will however, score the highest CAGR for the forecast period owing to the rise in demand for cocoa from the food and beverage industry.
The country section of the organic cocoa powder market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Organic Cocoa Powder Market Share Analysis
The organic cocoa powder market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to organic cocoa powder market.
The major players covered in the organic cocoa powder market report are THE HERSHEY COMPANY, Ghirardelli Chocolate Company, Nestlé, Mars, Incorporated, Ecom Dutch Cocoa, Cocoa Processing Company Limited (CPC), Ferrero, Cargill Cocoa & Chocolate, Guan Chong Berhad, Organic Commodity Products Inc., Newtown Foods USA, The Kraft Heinz Company, Petra Foods Limited, Touton S.A., Blommer Chocolate Company, Belcolade NV, Olam International, Cargill, Incorporated, Barry Callebaut and Swiss Chalet Fine Foods among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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