Global Cocoa Powder Market: In-depth Evaluation on Growth, Share, Size and Trends Until the End of 2022
Also, cocoa powder products may contains cadmium which is a toxic heavy metal, hence, European Union is planning to impose limit for cadmium in cocoa powder of 0.6 µg per gram of cocoa powder. Meanwhile, the government in the U.S. has not set any limit on cadmium in food products, however, State of California has introduced maximum allowable daily level. Research also suggests that cocoa containing highest flavanol content contribute to skin, cognitive, and cardiovascular health. As per the latest report compiled by FactMR, the global market for cocoa powder is likely to witness a CAGR of nearly 2.2% in terms of volume till 2026. The market is projected to surpass 1,315 ‘000 tonnes by the end of 2026.
Request For Sample Report @ https://www.factmr.com/connectus/sample?flag=S&rep_id=366
With the increasing production of chocolate and confectionery products, demand for cocoa powder will continue to increase among the leading food and beverage industry. Consumption of cocoa powder is likely to remain high with the shift in preferences of various health conscious customers. Individuals prefer spending on food products rich in health-benefiting ingredients such as cocoa powder. In order to expand their customer base, leading firms are focusing on incorporating innovative flavors and ingredients in the food products.
As consumption of cocoa powder benefits the health of customers, leading food manufacturers are looking to opt for cocoa powder as an important ingredient. Demand for cocoa powder continues to remain pervasive in the food and beverage industry with the prevalence of cardiovascular diseases. Besides food and beverage industry, leading cosmetic and personal care industries are also focusing on utilizing cocoa powder as an important ingredient for skin care products. Through product innovation and differentiation, leading firms are focusing on attaining a competitive edge in the global market.
Global Cocoa Powder Market to Account for Over 1,315 ‘000 Tonnes in Terms of Volume By 2026-End
FactMR states that the global cocoa powder market is projected to account for more than 1,315 ‘000 tonnes in terms of volume by 2026-end. Increasing production of chocolates and confectioneries has led to a surge in demand for the cocoa powder in the food and beverage industry. As cocoa powder is rich in vitamins and minerals, leading manufacturers are utilizing it as an important ingredient for enhanced flavor in food products. Also, consumption of cocoa powder food products benefits the cardiovascular health of customers. In order to offer enhanced customer experience, leading firms are focusing on utilizing cocoa powder for food innovation. Food manufacturers are utilizing cocoa powder to produce confectionery syrup and chocolates. These products are further used as an important ingredient during the production of bakery products. In addition, demand for the cocoa products will continue to remain high in the cosmetic industry. Leading manufacturers in the cosmetic industry are focusing on utilizing cocoa powder for the production of various cosmetics and soaps. Attributed to various health benefitting features, demand for the cocoa powder will also continue to remain high for the production of various creams, scrubs, ointment, lotions, face masks, and facial toners. Also, increase in production of other skin care products such as massage oils, bath bomb products, and lip balms has led to an upsurge in demand for cocoa powder as an important ingredient in the cosmetic industry. To remain on the forefront of the global market, leading companies are focusing on incorporating innovative flavors in the food products.
Browse Full Report with TOC @ https://www.factmr.com/report/366/cocoa-powder-market
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 tonnes.
Demand for Cocoa Powder Significant in Beverage Industry
On the basis of end-use industry, the key segments include chocolate & confectionary, beverages, bakery, functional food, cosmetics, and pharmaceuticals. Among these, beverages segment accounts for nearly 17.3% volume share of the market, and is likely to grow at a CAGR of 1.2% in terms of volume during the assessment period. The demand for cocoa powder from the beverages sector is likely to remain steady during the assessment period.
Speciality Stores Account for 22% Volume Share
The distribution channel segmentation analysis includes modern trade, speciality 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.
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.
Buy Now! @ https://www.factmr.com/checkout/366/S
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Food & Beverages 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.
11140 Rockville Pike
Rockville, MD 20852
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Cocoa Powder Market: In-depth Evaluation on Growth, Share, Size and Trends Until the End of 2022 here
News-ID: 1111782 • Views: 140
More Releases from Fact.MR
North America Accounts for Over 30% of Overall Aluminum Powder Sales, finds Fact …
According to a recently published Fact. MR report, global sales of aluminum powder in 2018 exceeded 110 Thousand tons and is expected to grow at moderate rate in the forecast period. According to the study, North America will maintain its supremacy in the market for aluminum powder, owing to the widespread demand from the region's automotive and aerospace sectors. The rising demand of lightweight materials in the automotive and aerospace
“Petroleum-Based to Bio-Based Propylene Glycol” is a Key Trend, Finds Fact.M …
The recently published research report by Fact.MR regarding the global propylene glycol market includes product classification and current synopsis along with product upgrades and innovations. The propylene glycol market was pegged at more than 2,500 Thousand Tons in 2018, and the global market is likely to witness a strong growth rate during the forecast period on the backdrop of increasing building & construction activities along with expanding production capacities of
Isocyanates Manufacturers Leveraging Advancements and Modernization in the Adhes …
The recently published report by Fact.MR regarding the global isocyanates market includes product classification and current synopsis along with product upgrades and innovations. Increasing demand from the building and automotive industries is increasing the polyurethane consumption in numerous consumer and industrial applications. Moreover, the thriving pharmaceutical industries, and isocyanates advantageous characteristics are the primary drivers for development in the worldwide isocyanate market. Burgeoning isocyanate acceptance for use in newer vertical
Increasing Commuter Preference for Shared Taxi Will Boost the Demand for Minibus …
Global value for the minibus market reached ~ US$ 8.3 Bn in 2018, as disclosed by the new research study by Fact.MR. According to the report, the minibus market is predicted to grow by CAGR of ~3.7% in the forecast period, primarily influenced by prominent players investing in manufacturing operations in the global minibus market landscape. According to the research, an increasing center of attention on new developments and the demand
More Releases for Cocoa
XploreMR delivers in-depth global market analysis and forecast in a new report titled "Cocoa Liquor Market Forecast, Trend Analysis & Competition Tracking - Global Market insights 2017 to 2026" Growing demand for chocolate products in the food & beverage industry continues to fuel the production of cocoa liquor. Over the years, traditional products such as cocoa powder and cocoa butter are being mechanically processed from cocoa liquor. Companies producing high-quality chocolates
Cocoa Market: Steady Popularity of Chocolates to Bolster Cocoa Production
Steady Popularity of Chocolates to Bolster Cocoa Production The retail shelves of chocolates are witnessing the presence of a wide range of chocolates such as milk chocolates, dark chocolates, drinking chocolate and other beverages. While portraying the ever-growing popularity of chocolates, extensive use of cocoa in the production of chocolates has proved beneficial for the growth of the cocoa market. The consumption trend of chocolate is directly connected to the rising
Organic Cocoa Market Is Thriving Worldwide | Cargill, Olam, Barry Callebaut, Sun …
HTF MI recently introduced Global Organic Cocoa Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Cargill, Olam, Barry Callebaut, SunOpta, BT Cocoa, BT Cocoa & Ciranda
Organic Cocoa Market
Organic Cocoa Market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving revenue growth and profitability. Organic cocoa is produced and processed through natural techniques such as crops rotation, biological crop protection, green manure and compost. On the one hand, implementing organic production and becoming certified can be expensive, especially for small holders, and the return on investment
Key deterrents factoring the sluggish growth in global cocoa revenues: Unsuitable weather conditions witnessed across the globe are curbing a healthy production of cocoa strains and hindering the supply of fresh cocoa to areas with harsh environments. View complete report: https://www.futuremarketinsights.com/reports/cocoa-market Farmers are facing challenges occurring due to poor management of cocoa farms and negligent adoption of modern agricultural techniques Measures taken by governments to hike the end-user value of cocoa products are compelling
Global Cocoa & Chocolate Market 2017 - Dutch Cocoa, Cocoa Processing Company Lim …
This is the report on Global Cocoa & Chocolate market which profiles various technological key developments over the world in the recent time. As focusing on the result of cost inflation across the world, the market size is estimated of Cocoa & Chocolate industry to drop at the estimated xx% CAGR from the USD xx million by 2017 to the USD xx million in 2022. Also there are different leading