Cocoa Powder Market to Reach US$ 5438.3 Mn by 2028 End(Olam Cocoa ,Cargill ,Barry Callebaut)

Considering the growth of the global Cocoa Powder market, QY Research has recently published a report titled, “Global Cocoa Powder Market by Player, Region, Type, Application and Sales Channel.” In 2019, the market size for Cocoa Powder was raised to US$ 3682.3 Mn from US$ 3239.1 Mn in 2013. It is anticipated to attain value of US$ 5438.3 Mn by 2028 end. The global Cocoa Powder market is likely to grow at 3.2% from 2020 to 2028.

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Widespread Application in the Chocolate Industry to act as a Key Driver

Extensive application of Cocoa Powder as an additive in the chocolate industry for the production of chocolate syrups and chocolate confectioneries is one of the primary reasons behind the robust growth of the Cocoa Powder market. Health benefits, along with anti-inflammatory and anti-depressant properties, associated with Cocoa Powder are also supporting its demand. On the other hand, side effects associated with the consumption of products with high cocoa content may hamper the growth of the global Cocoa Powder market.

Barry Callebaut Launches Clean Label Cocoa Power

Cargill, Olam Cocoa, Barry Callebaut, Blommer, Plot Ghana, Cocoa Processing Company Limited, Dutch Cocoa, Indcresa, and JB Foods Limited are some of the key companies operating in the global Cocoa Powder market.

Consumers are becoming increasingly aware regarding their sugar intake, which is eventually giving rise to the clean label trend. Manufacturers are leveraging this opportunity by catering to the growing demand of consumers. For instance, in 2019, Barry Callebaut launched a clean label cocoa power made from chicory root fiber instead of sugar.

Alkalized Cocoa Powder to Gain Traction in the Market

Natural Cocoa Powder and Alkalized/Dutch-process Cocoa Powder are the two product types in the market. Alkalized cocoa powder is gaining popularity as a flavor enhancer in chocolate products owing to its ability to reduce the acidity and raise solubility.

Chocolate Industry to Emerge as a Key Application Segment

Based on application, the market is divided into Chocolate, Beverage & Dairy, Desserts, Barking and Biscuit, and Others. The chocolate industry is likely to emerge as one of the key end-use industries in the market on account of increased usage of cocoa powder to formulate chocolate syrups and confectioneries.

As far as the sales channel is concerned, the market is segregated into Direct Channel and Distribution Channel. Distribution Channel including speciality stores, convenience stores, and hypermarkets/supermarkets may acquire a handsome share in the market in forthcoming years.

APAC to Offer Growth Opportunities for the Cocoa Powder Manufacturers

Chocolate consumption is witnessing a rapid increase in the APAC region, which is likely to induce demand for cocoa powder. Other factors such as improved retail distribution and availability of international brands are also augmenting cocoa consumption in this region. Additionally, Indonesia is significantly contributing to the regional market growth as it is considered the crown jewel in the Asia’s Cocoa market.

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Table of Contents:
1 COCOA POWDER MARKET OVERVIEW 1
1.1 Product Overview and Scope of Cocoa Powder 1
1.2 Global Cocoa Powder Market Size Status and Outlook (2013-2028) 1
1.2.1 Global Cocoa Powder Revenue 2013-2028 1
1.2.2 Global Cocoa Powder Sales 2013-2028 2
1.3 Global Cocoa Powder Market Size Comparison by Region (2013-2028) 3
1.4 Cocoa Powder Segment by Type 3
1.4.1 Global Cocoa Powder Sales Growth Rate Comparison by Type (2020-2028) 4
1.4.2 Natural Cocoa Powder 4
1.4.3 Alkalized/Dutch-process Cocoa Powder 5
1.5 Cocoa Powder Segment by Application 6
1.5.1 Global Cocoa Powder Sales Comparison by Application (2020-2028) 6
1.5.2 Chocolate 7
1.5.3 Beverage & Dairy 7
1.5.4 Desserts, Barking and Biscuit 8
1.6 Global Cocoa Powder Market Size Comparison by Sales Channel (2013-2028) 9
1.7 Cocoa Powder Market Dynamics 9
1.7.1 Market Drivers/Opportunities 9
1.7.2 Market Challenges/Risks 10
1.7.3 Market News (Mergers/Acquisitions/ Expansion) 10
2 GLOBAL COCOA POWDER MARKET COMPETITION BY MANUFACTURERS 13
2.1 Global Cocoa Powder Sales Market Share by Manufacturers (2017-2019) 13
2.2 Global Cocoa Powder Revenue Market Share by Manufacturers (2017-2019) 15
2.3 Global Cocoa Powder Average Price by Manufacturers (2017-2019) 17
2.4 Cocoa Powder Market Competitive Situation and Trends 18
2.5 Conclusion of Segment by Player 18
3 GLOBAL COCOA POWDER HISTORIC MARKET ANALYSIS BY TYPE 19
3.1 Global Cocoa Powder Sales Market Share by Type (2013-2019) 19
3.2 Global Cocoa Powder Revenue Market Share by Type (2013-2019) 20
3.3 Global Cocoa Powder Price by Type (2013-2019) 21
3.4 Conclusion of Segment by Type 22
4 GLOBAL COCOA POWDER HISTORIC MARKET ANALYSIS BY APPLICATION 23
4.1 Global Cocoa Powder Market Overview by Application 23
4.2 Global Cocoa Powder Sales Market Share by Application (2013-2019) 23
4.3 Leading Consumers of Cocoa Powder by Application 25
4.4 Conclusion of Segment by Application 25
5 GLOBAL COCOA POWDER HISTORIC MARKET ANALYSIS BY SALES CHANNEL 27
5.1 Marketing Channel 27
5.2 Global Cocoa Powder Sales Market Share by Sales Channel (2013-2019) 28
5.3 Conclusion of Segment by Sales Channel 30
6 COCOA POWDER RETROSPECTIVE MARKET SCENARIO BY REGION 31
6.1 Global Cocoa Powder Retrospective Market Scenario in Sales by Region: 2015-2020 31
6.2 Global Cocoa Powder Retrospective Market Scenario in Revenue by Region: 2015-2020 33
6.3 North America Cocoa Powder Market Facts & Figures by Country 34
6.3.1 North America Cocoa Powder Sales by Country 34
6.3.2 North America Cocoa Powder Revenue by Country 35
6.3.3 United States 36
6.3.4 Canada 37
6.3.5 Mexico 38
6.4 Europe Cocoa Powder Market Facts & Figures by Country 39
6.4.1 Europe Cocoa Powder Sales by Country 39
6.4.2 Europe Cocoa Powder Revenue by Country 40
6.4.3 Germany 42
6.4.4 France 43
6.4.5 U.K. 44
6.4.6 Italy 45
6.4.7 Russia 46
6.4.8 Spain 47
6.5 Asia Pacific Cocoa Powder Market Facts & Figures by Region 48
6.5.1 Asia Pacific Cocoa Powder Sales by Region 48
6.5.2 Asia Pacific Cocoa Powder Revenue by Region 49
6.5.3 China 50
6.5.4 Japan 51
6.5.5 India 52
6.5.6 South Korea 53
6.5.7 Southeast Asia 54
6.6 Central & South America Cocoa Powder Market Facts & Figures by Country 55
6.6.1 Central & South America Cocoa Powder Sales by Country 55
6.6.2 Central & South America Cocoa Powder Revenue by Country 56
6.6.3 Brazil 57
6.6.4 Colombia 58
6.6.5 Argentina 59
6.7 Middle East and Africa Cocoa Powder Market Facts & Figures by Country 60
6.7.1 Middle East and Africa Cocoa Powder Sales by Country 60
6.7.2 Middle East and Africa Cocoa Powder Revenue by Country 61
6.7.3 Middle East 62
6.7.4 Africa 63
6.8 Conclusion of Segment by Region 64
7 COMPANY PROFILES AND KEY FIGURES IN COCOA POWDER BUSINESS 65
7.1 Olam Cocoa 65
7.1.1 Olam Cocoa Corporation Information 65
7.1.2 Product/Business Offered 65
7.1.3 Olam Cocoa Cocoa Powder Sales, Revenue and Gross Margin (2017-2019) 66
7.2 Cargill 66
7.2.1 Cargill Corporation Information 66
7.2.2 Product/Business Offered 67
7.2.3 Cargill Cocoa Powder Sales, Revenue and Gross Margin (2017-2019) 68
7.3 Barry Callebaut 68
7.3.1 Barry Callebaut Corporation Information 68
7.3.2 Product/Business Offered 69
7.3.3 Barry Callebaut Cocoa Powder Sales, Revenue and Gross Margin (2017-2019) 69
7.4 Plot Ghana 70
7.4.1 Plot Ghana Corporation Information 70
7.4.2 Product/Business Offered 70
7.4.3 Plot Ghana Cocoa Powder Sales, Revenue and Gross Margin (2017-2019) 70
7.5 Dutch Cocoa 71
7.5.1 Dutch Cocoa Corporation Information 71
7.5.2 Product/Business Offered 71
7.5.3 Dutch Cocoa Cocoa Powder Sales, Revenue and Gross Margin (2017-2019) 72
7.6 Cocoa Processing Company Limited 73
7.6.1 Cocoa Processing Company Limited Corporation Information 73
7.6.2 Product/Business Offered 74
7.6.3 Cocoa Processing Company Limited Cocoa Powder Sales, Revenue and Gross Margin (2017-2019) 74
7.7 Indcresa 75
7.7.1 Indcresa Corporation Information 75
7.7.2 Product/Business Offered 75
7.7.3 Indcresa Cocoa Powder Sales, Revenue and Gross Margin (2017-2019) 76
7.8 Blommer 76
7.8.1 Blommer Corporation Information 76
7.8.2 Product/Business Offered 77
7.8.3 Blommer Cocoa Powder Sales, Revenue and Gross Margin (2017-2019) 77
7.9 JB Foods Limited 78
7.9.1 JB Foods Limited Corporation Information 78
7.9.2 Product/Business Offered 78
7.9.3 JB Foods Limited Cocoa Powder Sales, Revenue and Gross Margin (2017-2019) 79
8 UPSTREAM AND DOWNSTREAM ANALYSIS OF COCOA POWDER 80
8.1 Cocoa Powder Value Chain Analysis 80
8.2 Upstream of Cocoa Powder 80
8.2.1 Key Raw Materials 80
8.2.2 Proportion of Manufacturing Cost Structure 81
8.2.3 Manufacturing Process Analysis of Cocoa Powder 82
8.3 Importer and Exporter of Cocoa Powder 82
8.3.1 Leading Exporter of Cocoa Powder 82
8.3.2 Importer of Cocoa Powder 83
9 GLOBAL MARKET FORECAST 84
9.1 Global Cocoa Powder Market Size (Sales and Revenue) Forecast (2020-2028) 84
9.2 Cocoa Powder Market Estimates and Projections by Region 85
9.2.1 Global Forecasted Sales of Cocoa Powder by Region (2020-2028) 85
9.2.2 Global Forecasted Revenue of Cocoa Powder by Region (2020-2028) 85
9.3 Cocoa Powder Market Estimates and Projections by Type 86
9.3.1 Global Forecasted Sales of Cocoa Powder by Type (2020-2028) 86
9.3.2 Global Forecasted Revenue of Cocoa Powder by Type (2020-2028) 87
9.4 Cocoa Powder Market Estimates and Projections by Application 88
9.5 Cocoa Powder Market Estimates and Projections by Sales Channel 89
10 RESEARCH FINDINGS AND CONCLUSION 90
11 METHODOLOGY AND DATA SOURCE 91
11.1 Methodology/Research Approach 91
11.1.1 Research Programs/Design 91
11.1.2 Market Size Estimation 92
11.1.3 Market Breakdown and Data Triangulation 93
11.2 Data Source 94
11.2.1 Secondary Sources 94
11.2.2 Primary Sources 95
11.3 Author List 97
11.4 Disclaimer 97

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