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 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).

Cocoa based polyphenols are natural compounds found in cocoa beans, which are known for their antioxidant properties and potential health benefits. These polyphenols are used in a wide range of applications, including food and beverage, dietary supplements, and cosmetics. The global market has been growing steadily in recent years, driven by increasing consumer demand for natural and healthy ingredients. The purpose of the global market is to provide high-quality and healthy ingredients to consumers in various industries. The market offers various products such as cocoa extracts, cocoa powder, cocoa flavanols, and others, which are used in several applications. The main purpose is to cater to the growing demand for natural and healthy ingredients by providing innovative and high-quality products.

The global cocoa based polyphenols market is expected to witness significant growth in the coming years, driven by increasing consumer awareness of the health benefits of cocoa polyphenols. The market is also being driven by the growing demand for natural and healthy ingredients in the food and beverage industry. The dietary supplement and cosmetics industries are also expected to drive growth in the market, as cocoa polyphenols are known for their potential health benefits, such as reducing inflammation, improving cognitive function, and reducing the risk of heart disease. The market is expected to be driven by the increasing adoption of cocoa based polyphenols in various applications, such as functional foods, dietary supplements, and personal care products. The food and beverage industry is expected to be the largest consumer of cocoa based polyphenols, driven by the growing demand for natural and healthy ingredients in food products. The dietary supplement industry is also expected to witness significant growth, driven by the growing consumer interest in preventive healthcare.

US Cocoa Based Polyphenols Market is poised to grow at a sustainable CAGR for the next forecast year.