What is the global market size of Cocoa Based Polyphenols Market?

Cocoa Based Polyphenols Market size was valued at USD 85 million in 2021 and is poised to grow from USD 90.19 million in 2022 to USD 144.95 million by 2030, growing at a CAGR of 6.11% in the forecast period (2023-2030).

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

Q: Who are the key vendors in the Global Cocoa Based Polyphenols Market?

The global cocoa based polyphenols market is moderately fragmented with the presence of several players. Some of the major players operating in the market are focusing on product innovation, research and development, and partnerships and collaborations to strengthen their market position. They are also investing in marketing and promotional activities to increase brand awareness and reach a wider customer base. Some of the key strategies adopted by these companies include; 'Barry Callebaut AG', 'Cargill, Incorporated', 'Nestle SA', 'Olam International Limited', 'Touton SA', 'Guan Chong Berhad', 'The Hershey Company', 'Mars, Incorporated', 'Ferrero S.p.A', 'Lindt & Sprüngli AG', 'MondelÄz International', 'Blommer Chocolate Company', 'ECOM Agroindustrial Corp. Ltd.', 'Petra Foods Limited', 'Transmar Group Limited', 'Dutch Cocoa B.V.', 'BT Cocoa', 'JB Cocoa Sdn Bhd', 'Meiji Holdings Co. Ltd.', 'Puratos Group NV.'

Q: What is the key market trend for Global Cocoa Based Polyphenols Market?

One of the key market trends in the global cocoa based polyphenols market is the growing demand for natural and organic ingredients in the food and beverage industry. Cocoa based polyphenols are natural antioxidants found in cocoa beans, which have been linked to various health benefits such as reducing inflammation, improving heart health, and boosting brain function. As consumers become more health-conscious and interested in natural and functional foods, the demand for products containing cocoa based polyphenols is expected to increase.

Q: Which region accounted for the largest share in Global Cocoa Based Polyphenols Market?

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.

Report ID: SQMIG30I2101 | Region: Global | Published Date: April, 2024
Pages: 198 | Tables: 63 | Figures: 75

Cocoa Based Polyphenols Market News

In June 2022, Kemin Food Technologies Asia introduced antimicrobial disinfectant solutions KEEPER and OXINE, which help to control the spread of harmful pathogens and bacteria in food processing environments. These products provide an effective and environmentally friendly solution to food safety concerns, ensuring that food products are safe and healthy for consumers.

In June 2022, Archer Daniels Midland (ADM), Marathon Petroleum Corp., and the state of North Dakota celebrated the groundbreaking of the Green Bison Production Facility. The facility will produce renewable diesel from agricultural and other feedstocks, providing a significant boost to the renewable energy industry in North Dakota and the wider United States.

In May 2022, Barry Callebaut, the world's leading manufacturer of high-quality chocolate and cocoa products, opened a new CHOCOLATE ACADEMY™ Center in Casablanca, Morocco. The facility provides training and education for chefs, chocolatiers, and other professionals in the chocolate and pastry industry, helping them to develop their skills and knowledge of chocolate.

In May 2022, Barry Callebaut announced the establishment of a "Farm of the Future" program to power cocoa farming research and innovation. This initiative aims to promote sustainable cocoa farming practices and improve the livelihoods of cocoa farmers, while also ensuring a sustainable supply of cocoa for the chocolate industry.

Cocoa Based Polyphenols Market Report Snapshots

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Cocoa Based Polyphenols Market size was valued at USD 90.19 million in 2022 and is poised to grow from USD 95.70 million in 2023 to USD 153.80 million by 2031, growing at a CAGR of 6.11% during the forecast period (2024-2031).

The cocoa based polyphenols market is moderately fragmented with the presence of several players. Some of the major players operating in the market are focusing on product innovation, research and development, and partnerships and collaborations to strengthen their market position. They are also investing in marketing and promotional activities to increase brand awareness and reach a wider customer base. Some of the key strategies adopted by these companies include; 'Barry Callebaut AG', 'Cargill, Incorporated', 'Nestle SA', 'Olam International Limited', 'Touton SA', 'Guan Chong Berhad', 'The Hershey Company', 'Mars, Incorporated', 'Ferrero S.p.A', 'Lindt & Sprüngli AG', 'MondelÄz International', 'Blommer Chocolate Company', 'ECOM Agroindustrial Corp. Ltd.', 'Petra Foods Limited', 'Transmar Group Limited', 'Dutch Cocoa B.V.', 'BT Cocoa', 'JB Cocoa Sdn Bhd', 'Meiji Holdings Co. Ltd.', 'Puratos Group NV.'

There has been a significant increase in the prevalence of chronic diseases such as diabetes, cardiovascular diseases, and cancer, which has led to a greater focus on preventative healthcare and nutrition. Cocoa based polyphenols are known to have antioxidant properties and can help to prevent or reduce the risk of chronic diseases. This has led to increased interest in cocoa based polyphenols as a functional food ingredient, driving market growth in the food and beverage industry.

One of the key market trends in the cocoa based polyphenols market is the growing demand for natural and organic ingredients in the food and beverage industry. Cocoa based polyphenols are natural antioxidants found in cocoa beans, which have been linked to various health benefits such as reducing inflammation, improving heart health, and boosting brain function. As consumers become more health-conscious and interested in natural and functional foods, the demand for products containing cocoa based polyphenols is expected to increase.

Europe is the dominating region in the 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.

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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

Cocoa Based Polyphenols Market News

Cocoa Based Polyphenols Market Report Snapshots

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What is the market size of Cocoa Based Polyphenols Market?

Who are the key vendors in the Cocoa Based Polyphenols Market?

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What is the key market trend for Cocoa Based Polyphenols Market?

Which region accounted for the largest share in Cocoa Based Polyphenols Market?

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