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Global Cocoa Powder Market Estimated to Grow at 2.2% Volume CAGR through 2026: Fact.MR’s Report
Fact.MR
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Demand for Cocoa Powder Continues to be Driven by Increasing Consumption of Chocolate
Growth of the global cocoa powder market is mainly bound by various macro-economic and micro-economic factors. Consumption of chocolate products and related food products such as cocoa butter, paste and powder continues to simmer as an important ingredient for production of baked products, sweet dishes and beverages. As it is rich in minerals and vitamins, manufacturers are increasingly witnessing demand for cocoa powder for the production of soaps and cosmetic products. Attributed to various health benefits, demand for cocoa powder is expected to remain high for production of scrubs, ointments, creams, facial masks, face toner and lotions. In addition, increasing production of personal care products such as bath bomb products, lip balms and massage oils is further expected to derive demand for the cocoa powder in the food and beverage, and cosmetic industry significantly.
Double-Dutch Cocoa Segment Accounts for 26% Volume Share
The report offers detailed analysis and insights on the basis of product type. The key segments covered on the basis of product type include black cocoa, Double-Dutch Cocoa blend, triple cocoa blend, Bensdorp Dutch-Process Cocoa, Cocoa Rouge, and Natural Cocoa. Among these, Double-Dutch cocoa powder segment currently accounts for nearly 26% volume share of the market. This segment is likely to expand at a CAGR of 3% in terms of volume through 2026, and reach nearly 367 ‘000 tones.
Specialty Stores Account for 22% Volume Share
The distribution channel segmentation analysis includes modern trade, specialty stores, convenience stores, traditional grocery stores, online stores, and other distribution channels. Sales through distribution channel remain significant, and this segment currently accounts for 22% volume share of the market.
Competition Tracking
The report also profiles companies that are expected to remain active in the expansion of global cocoa powder market through 2026, which include Hershey’s, Ghirardelli, Nestle, Mars, Inc., Cocoa Processing Company, Olam International, Cargill, Inc., Barry Callebaut, Swiss Chalet Fine Foods, Touton, and Dutch Cocoa.
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Table of Contents:
Global Economic Outlook
Global Cocoa Powder Market – Executive Summary
Global Cocoa Powder Market Overview
3.1. Introduction
3.1.1. Global Cocoa Powder Market Taxonomy
3.1.2. Global Cocoa Powder Market Definition
3.2. Global Cocoa Powder Market Size (‘000 Tonnes) and Forecast, 2012-2026
3.2.1. Global Cocoa Powder Market Y-o-Y Growth
3.3. Global Cocoa Powder Market Dynamics
3.4. Value Chain
3.5. Consumer Trend Analysis
3.6. Trend in World Cocoa Production
3.7. Trend in World Cocoa Consumption
3.8. Trade Analysis
3.9. Role of Cocoa Powder in Chocolate Confectionery
3.10. Regulations
3.11. Product Innovations
3.12. Product Life Cycle
3.13. PESTLE Analysis
3.14. Key Participants Market Presence (Intensity Map) By Region
Global Cocoa Powder Market Analysis and Forecast 2012-2026
4.1. Global Cocoa Powder Market Size and Forecast By Product Type, 2012-2026
4.1.1. Black Cocoa Market Size and Forecast, 2012-2026
4.1.1.1. Market Value (U$ Million)& Volume(‘000 Tonnes) Comparison, By Region
4.1.1.2. Market Share Comparison, By Region
4.1.1.3. Y-o-Y growth Comparison, By Region
Continued……..
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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.
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