The global cocoa powder market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The growth of the market can be attributed to the increasing demand for cocoa powder in various applications such as chocolate and confectionery, beverages, bakery, functional food, cosmetics and pharmaceuticals.
The black cocoa segment is expected to dominate the global cocoa powder market during the forecast period due to its high demand in chocolate and confectionery applications. The black cocoa segment accounted for over 50% share of total revenue generated from all types of cocoas in 2017.
Some Of The Growth Factors Of This Market:
- Cocoa powder is used in various food and beverage applications such as chocolate milk, hot chocolate mix, and ice cream which are also driving the growth of this market globally.
- The rising awareness about health benefits associated with cocoa powder consumption has led to an increase in demand for this product across various regions globally which has further fueled its growth over the past few years .
Industry Growth Insights published a new data on “Cocoa Powder Market”. The research report is titled “Cocoa Powder Market research by Types (Black Cocoa, Double-Dutch Cocoa Blend, Triple Cocoa Blend, Bensdorp Dutch-Process Cocoa, Cocoa Rouge, Natural Cocoa), By Applications (Chocolate & Confectionery, Beverages, Bakery, Functional Food, Cosmetics, Pharmaceuticals), By Players/Companies Hershey’s, Ghirardelli, Nestle, Mars, Inc., Cocoa Processing Company, Olam International, Cargill, Inc., Barry Callebaut, Swiss Chalet Fine Foods, Touton, Dutch Cocoa., ADM”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Cocoa Powder Market Research Report
By Type
Black Cocoa, Double-Dutch Cocoa Blend, Triple Cocoa Blend, Bensdorp Dutch-Process Cocoa, Cocoa Rouge, Natural Cocoa
By Application
Chocolate & Confectionery, Beverages, Bakery, Functional Food, Cosmetics, Pharmaceuticals
By Companies
Hershey’s, Ghirardelli, Nestle, Mars, Inc., Cocoa Processing Company, Olam International, Cargill, Inc., Barry Callebaut, Swiss Chalet Fine Foods, Touton, Dutch Cocoa., ADM
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Cocoa Powder Market Report Segments:
The global Cocoa Powder market is segmented on the basis of:
Types
Black Cocoa, Double-Dutch Cocoa Blend, Triple Cocoa Blend, Bensdorp Dutch-Process Cocoa, Cocoa Rouge, Natural Cocoa
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Chocolate & Confectionery, Beverages, Bakery, Functional Food, Cosmetics, Pharmaceuticals
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Hershey’s
- Ghirardelli
- Nestle
- Mars, Inc.
- Cocoa Processing Company
- Olam International
- Cargill, Inc.
- Barry Callebaut
- Swiss Chalet Fine Foods
- Touton
- Dutch Cocoa.
- ADM
Highlights of The Cocoa Powder Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Black Cocoa
- Double-Dutch Cocoa Blend
- Triple Cocoa Blend
- Bensdorp Dutch-Process Cocoa
- Cocoa Rouge
- Natural Cocoa
- By Application:
- Chocolate & Confectionery
- Beverages
- Bakery
- Functional Food
- Cosmetics
- Pharmaceuticals
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cocoa Powder Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
- Market Entry Strategies
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- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cocoa powder is a dry, brown powder made from the cocoa beans that are roasted and ground. Cocoa powder can be used in baking, cooking, and as an ingredient in drinks and desserts.
Some of the major players in the cocoa powder market are Hershey¢â‚¬â„¢s, Ghirardelli, Nestle, Mars, Inc., Cocoa Processing Company, Olam International, Cargill, Inc., Barry Callebaut, Swiss Chalet Fine Foods, Touton, Dutch Cocoa., ADM.
The cocoa powder market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Cocoa Powder Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Cocoa Powder Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Cocoa Powder Market - Supply Chain
4.5. Global Cocoa Powder Market Forecast
4.5.1. Cocoa Powder Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Cocoa Powder Market Size (000 Units) and Y-o-Y Growth
4.5.3. Cocoa Powder Market Absolute $ Opportunity
5. Global Cocoa Powder Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Cocoa Powder Market Size and Volume Forecast by Type
5.3.1. Black Cocoa
5.3.2. Double-Dutch Cocoa Blend
5.3.3. Triple Cocoa Blend
5.3.4. Bensdorp Dutch-Process Cocoa
5.3.5. Cocoa Rouge
5.3.6. Natural Cocoa
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Cocoa Powder Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Cocoa Powder Market Size and Volume Forecast by Application
6.3.1. Chocolate & Confectionery
6.3.2. Beverages
6.3.3. Bakery
6.3.4. Functional Food
6.3.5. Cosmetics
6.3.6. Pharmaceuticals
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Cocoa Powder Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Cocoa Powder Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Cocoa Powder Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Cocoa Powder Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Cocoa Powder Demand Share Forecast, 2019-2029
9. North America Cocoa Powder Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Cocoa Powder Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Cocoa Powder Market Size and Volume Forecast by Application
9.4.1. Chocolate & Confectionery
9.4.2. Beverages
9.4.3. Bakery
9.4.4. Functional Food
9.4.5. Cosmetics
9.4.6. Pharmaceuticals
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Cocoa Powder Market Size and Volume Forecast by Type
9.7.1. Black Cocoa
9.7.2. Double-Dutch Cocoa Blend
9.7.3. Triple Cocoa Blend
9.7.4. Bensdorp Dutch-Process Cocoa
9.7.5. Cocoa Rouge
9.7.6. Natural Cocoa
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Cocoa Powder Demand Share Forecast, 2019-2029
10. Latin America Cocoa Powder Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Cocoa Powder Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Cocoa Powder Market Size and Volume Forecast by Application
10.4.1. Chocolate & Confectionery
10.4.2. Beverages
10.4.3. Bakery
10.4.4. Functional Food
10.4.5. Cosmetics
10.4.6. Pharmaceuticals
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Cocoa Powder Market Size and Volume Forecast by Type
10.7.1. Black Cocoa
10.7.2. Double-Dutch Cocoa Blend
10.7.3. Triple Cocoa Blend
10.7.4. Bensdorp Dutch-Process Cocoa
10.7.5. Cocoa Rouge
10.7.6. Natural Cocoa
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Cocoa Powder Demand Share Forecast, 2019-2029
11. Europe Cocoa Powder Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Cocoa Powder Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Cocoa Powder Market Size and Volume Forecast by Application
11.4.1. Chocolate & Confectionery
11.4.2. Beverages
11.4.3. Bakery
11.4.4. Functional Food
11.4.5. Cosmetics
11.4.6. Pharmaceuticals
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Cocoa Powder Market Size and Volume Forecast by Type
11.7.1. Black Cocoa
11.7.2. Double-Dutch Cocoa Blend
11.7.3. Triple Cocoa Blend
11.7.4. Bensdorp Dutch-Process Cocoa
11.7.5. Cocoa Rouge
11.7.6. Natural Cocoa
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Cocoa Powder Demand Share, 2019-2029
12. Asia Pacific Cocoa Powder Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Cocoa Powder Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Cocoa Powder Market Size and Volume Forecast by Application
12.4.1. Chocolate & Confectionery
12.4.2. Beverages
12.4.3. Bakery
12.4.4. Functional Food
12.4.5. Cosmetics
12.4.6. Pharmaceuticals
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Cocoa Powder Market Size and Volume Forecast by Type
12.7.1. Black Cocoa
12.7.2. Double-Dutch Cocoa Blend
12.7.3. Triple Cocoa Blend
12.7.4. Bensdorp Dutch-Process Cocoa
12.7.5. Cocoa Rouge
12.7.6. Natural Cocoa
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Cocoa Powder Demand Share, 2019-2029
13. Middle East & Africa Cocoa Powder Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Cocoa Powder Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Cocoa Powder Market Size and Volume Forecast by Application
13.4.1. Chocolate & Confectionery
13.4.2. Beverages
13.4.3. Bakery
13.4.4. Functional Food
13.4.5. Cosmetics
13.4.6. Pharmaceuticals
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Cocoa Powder Market Size and Volume Forecast by Type
13.7.1. Black Cocoa
13.7.2. Double-Dutch Cocoa Blend
13.7.3. Triple Cocoa Blend
13.7.4. Bensdorp Dutch-Process Cocoa
13.7.5. Cocoa Rouge
13.7.6. Natural Cocoa
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Cocoa Powder Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Cocoa Powder Market: Market Share Analysis
14.2. Cocoa Powder Distributors and Customers
14.3. Cocoa Powder Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Hersheys
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Ghirardelli
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Nestle
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Mars, Inc.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Cocoa Processing Company
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Olam International
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Cargill, Inc.
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Barry Callebaut
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Swiss Chalet Fine Foods
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Touton
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Dutch Cocoa.
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. ADM
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
