Cocoa Based Polyphenols Market Size, Share, Growth Analysis, By Source(Cocoa beans and cocoa husks), By Application(Food and beverage, dietary supplements, pharmaceuticals, personal care), By Region - Industry Forecast 2024-2031

Europe is the dominating region in the global cocoa based polyphenols market, owing to the presence of major cocoa processing companies in the region, as well as the high consumption of chocolate and other cocoa-based products by consumers. The region is also known for its strict regulations regarding food safety and quality, which has led to an increased demand for natural and organic cocoa based polyphenols. Additionally, there is a growing trend among European consumers towards healthier food and beverage options, which has resulted in increased demand for cocoa based polyphenols as a functional food ingredient.

The Asia Pacific region is expected to be the fastest growing region in the global cocoa based polyphenols market, owing to the growing consumer awareness about the health benefits of cocoa based polyphenols and the increasing demand for natural and organic food products. The region is also experiencing rapid urbanization and a rise in disposable income, leading to an increased demand for premium food and beverage products. In addition, the increasing prevalence of chronic diseases such as diabetes and cardiovascular diseases in the region has led to an increased focus on preventative healthcare and nutrition, driving the demand for functional food ingredients such as cocoa based polyphenols.