Market Overview:
The global cacao pigment market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for natural food colors and rising awareness about the benefits of using natural ingredients in food products. In terms of type, the powder segment is expected to dominate the market during the forecast period owing to its properties such as high solubility and stability in a wide range of pH levels. In terms of application, food and beverage segment is projected to account for majority share during 2018-2030 due to growing demand for healthy foods with natural colorants across various regions. Some other key applications include textile, soap and detergent, baking industry, and others segments. North America accounted for maximum share in 2017 followed by Europe on account of rising consumer awareness about health benefits associated with consumption of products containing cacao pigment.
Product Definition:
Cacao Pigment is a natural coloring agent extracted from the cacao bean. It is used in food and beverage products, as well as in cosmetics and other personal care products. Cacao Pigment has a rich chocolate flavor and brown color, which makes it an ideal ingredient for products with a chocolate or cocoa flavor or appearance.
Powder:
Powder is a dry, free-flowing granular material that can be used as an alternative to liquid cacao in the food and beverage industry. It offers several advantages over liquid including consistent texture and taste, ease of use for processing, transportation & storage. Powder also has higher usage rates than liquid due to its dry form which helps in avoiding contamination during handling & processing along with reducing the risk of microbial growth.
Liquid:
Liquid is a colorant that can be added to any substance such as oil, water or powder. It has high tinting strength and can be used in the chocolate industry for coloring purposes. The liquid form of the product is also used in food products like ice creams, yogurts and cheese which are then consumed by humans or animals.
Application Insights:
The global market is segmented by application into food and beverage, textile, soaps and detergents, baking industry, cosmetics and personal care products. The textiles application segment led the market in 2017 accounting for over 30% of the overall revenue share. The high share is attributable to growing demand for chocolate browns from various applications including food packaging materials.
Cacao contains a number of compounds that have antioxidant properties which help reduce the level of free radicals present in human body leading to healthier skin texture. These factors are likely to increase product demand from cosmetic industry as well as offer potential growth opportunities over next few years. However rising competition between cosmetic companies on who can produce better quality products may hinder growth in near future.
Regional Analysis:
North America accounted for the largest share of global market in 2017. The U.S., which is one of the major consumers, has a high demand owing to increasing consumption of chocolate and cocoa products. Rising consumer awareness regarding health benefits associated with chocolate is expected to further fuel product demand over the forecast period.
Asia Pacific was valued at USD X million in 2017 and is anticipated to witness significant growth over the forecast period owing to growing product usage in food and beverage industry as an ingredient along with textiles and personal care products manufacturing industries due to rising disposable income levels coupled with changing lifestyles especially among youth population who are more concerned about fashion trends than before.
Growth Factors:
- Increasing demand for natural food colorants from the food and beverage industry
- Rising awareness about the health benefits of cacao pigment among consumers
- Growing popularity of dark chocolate among health-conscious consumers
- Proliferation of artisanal chocolatiers and chocolate manufacturers worldwide
- Technological advancements in cocoa production
Scope Of The Report
Report Attributes
Report Details
Report Title
Cacao Pigment Market Research Report
By Type
Powder, Liquid
By Application
Food and Beverage, Textile, Soap and Detergent, Baking Industry, Others
By Companies
Shandong Fengtai Biotechnology, Hubei xin embellish DE chemical, Hubei Dibai Chemical, Wako Pure Chemical Industries, Yick-Vic Chemicals & Pharmaceuticals, Penta, Standardized Herbal Extracts, Organic Herb
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
186
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Cacao Pigment Market Report Segments:
The global Cacao Pigment market is segmented on the basis of:
Types
Powder, Liquid
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
Food and Beverage, Textile, Soap and Detergent, Baking Industry, Others
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:
- Shandong Fengtai Biotechnology
- Hubei xin embellish DE chemical
- Hubei Dibai Chemical
- Wako Pure Chemical Industries
- Yick-Vic Chemicals & Pharmaceuticals
- Penta
- Standardized Herbal Extracts
- Organic Herb
Highlights of The Cacao Pigment 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:
- Powder
- Liquid
- By Application:
- Food and Beverage
- Textile
- Soap and Detergent
- Baking Industry
- Others
- 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 Cacao Pigment 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- 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?
Cacao pigment is the natural color of chocolate.
Some of the major players in the cacao pigment market are Shandong Fengtai Biotechnology, Hubei xin embellish DE chemical, Hubei Dibai Chemical, Wako Pure Chemical Industries, Yick-Vic Chemicals & Pharmaceuticals, Penta, Standardized Herbal Extracts, Organic Herb.
The cacao pigment market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cacao Pigment Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cacao Pigment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cacao Pigment Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cacao Pigment Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cacao Pigment Market Size & Forecast, 2020-2028
4.5.1 Cacao Pigment Market Size and Y-o-Y Growth
4.5.2 Cacao Pigment Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Powder
5.2.2 Liquid
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food and Beverage
6.2.2 Textile
6.2.3 Soap and Detergent
6.2.4 Baking Industry
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cacao Pigment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cacao Pigment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Powder
9.6.2 Liquid
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food and Beverage
9.10.2 Textile
9.10.3 Soap and Detergent
9.10.4 Baking Industry
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Powder
10.6.2 Liquid
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food and Beverage
10.10.2 Textile
10.10.3 Soap and Detergent
10.10.4 Baking Industry
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Powder
11.6.2 Liquid
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food and Beverage
11.10.2 Textile
11.10.3 Soap and Detergent
11.10.4 Baking Industry
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Powder
12.6.2 Liquid
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food and Beverage
12.10.2 Textile
12.10.3 Soap and Detergent
12.10.4 Baking Industry
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Powder
13.6.2 Liquid
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food and Beverage
13.10.2 Textile
13.10.3 Soap and Detergent
13.10.4 Baking Industry
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cacao Pigment Market: Competitive Dashboard
14.2 Global Cacao Pigment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Shandong Fengtai Biotechnology
14.3.2 Hubei xin embellish DE chemical
14.3.3 Hubei Dibai Chemical
14.3.4 Wako Pure Chemical Industries
14.3.5 Yick-Vic Chemicals & Pharmaceuticals
14.3.6 Penta
14.3.7 Standardized Herbal Extracts
14.3.8 Organic Herb
