According to market research study published by Gen Consulting Company, the market size of the global cocoa ingredients sector is expected to rise by USD 4.1 billion with a CAGR of 4.2% by the end of 2028.

The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global cocoa ingredients market. It traces the market’s historic and forecast market growth. The report identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches. This study also provides an analysis of the impact of the COVID-19 crisis on the cocoa ingredients industry.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the type, category, application, and region. The global market for cocoa ingredients can be segmented by type: cocoa powder, cocoa liquor, cocoa butter. The cocoa powder segment is estimated to account for the largest share of the global cocoa ingredients market. Cocoa ingredients market is further segmented by category: conventional, organic. The conventional segment held the largest revenue share in 2021. Based on application, the cocoa ingredients market is segmented into: bakery and confectionery, beverage, dairy, sweet and savory snack, sauce and dressings, others. Globally, the bakery and confectionery segment made up the largest share of the cocoa ingredients market. On the basis of region, the cocoa ingredients market also can be divided into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. Europe was the largest contributor to the global cocoa ingredients market in 2021.

Market Segmentation
By type: cocoa powder, cocoa liquor, cocoa butter
By category: conventional, organic
By application: bakery and confectionery, beverage, dairy, sweet and savory snack, sauce and dressings, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America

The report has also analysed the competitive landscape of the global cocoa ingredients market with some of the key players being Archer Daniels Midland Company, Barry Callebaut Group, Cargill Incorporated, Mars Incorporated, Mondelēz International Inc., Nestle S.A., SunOpta Inc., The Hershey Company, among others.
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Historical & Forecast Period
This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.

Scope of the Report
– To analyze and forecast the market size of the global cocoa ingredients market.
– To classify and forecast the global cocoa ingredients market based on type, category, application, region.
– To identify drivers and challenges for the global cocoa ingredients market.
– To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global cocoa ingredients market.
– To identify and analyze the profile of leading players operating in the global cocoa ingredients market.

Why Choose This Report
– Gain a reliable outlook of the global cocoa ingredients market forecasts from 2022 to 2028 across scenarios.
– Identify growth segments for investment.
– Stay ahead of competitors through company profiles and market data.
– The market estimate for ease of analysis across scenarios in Excel format.
– Strategy consulting and research support for three months.
– Print authentication provided for the single-user license.