Global Cocoa Based Polyphenols Market Size By Application (Functional Foods, Functional Beverages, Dietary Supplements), By Competitive Landscape, By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Cocoa Based Polyphenols Market size was valued at USD 84.80 Million in 2021 and is projected to reach USD 143.25 Million by 2030, growing at a CAGR of 6.10% from 2023 to 2030.
Cocoa-Based Polyphenols offer various health benefits which are associated with the prevention of diabetes, cancer, cardiovascular diseases, aging, and neurodegenerative conditions. Polyphenols help to raise the ratio of beneficial bacteria in the gut which is crucial for overall health. The Global Cocoa Based Polyphenols Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Cocoa Based Polyphenols Market Definition
Cocoa is the dried and partially fermented fatty seed of the cacao tree from which chocolate is made. Therefore, the word cocoa is also used to refer to cocoa powder, the dry powder made by grinding cocoa seeds and removing the cocoa butter from the dark, bitter cocoa solids. Generally, cocoa is the solids of the cacao seed and cocoa butter is considered the fat component and chocolate is the combination of the solids and the fat. In today’s modern world, cocoa products are used in many food items.
Therefore, cocoa powder is majorly used as a flavor in cake, drinks, biscuits, and ice creams. Moreover, cocoa is the prime ingredient in chocolates. In addition, polyphenols are naturally occurring antioxidant which is mostly found in vegetables, chocolates, fruits, wine, and tea. Therefore, cocoa is one of them. Cocoa is rich in polyphenols like flavonoids, catechins, and epicatechins. Additionally, recipes that use cocoa often specify either natural or Dutch-process cocoa.
Furthermore, Dutch-process cocoa has been treated with alkali, which raises the pH and mellows sharp flavors. Also, some desserts need the silkiness that only cocoa butter can provide. Cocoa butter is an unusual fat because it melts at a temperature very close to the human body temperature. Furthermore, chocolate that’s hard and solid at room temperature feels rich on the tongue. Moreover, in puddings, ganache, and mousses, the luxurious mouthfeel of cocoa butter really shines, so for these desserts, chocolate is almost always preferable to cocoa powder.
Global Cocoa Based Polyphenols Market Overview
The growing consciousness of health benefits regarding the utilization of cocoa-rich products drives the growth of the Cocoa Based Polyphenols Market. The bitter chocolate is made by pressing roasted cocoa kernels between hot rollers. Cocoa powder is made by squeezing the fat from bitter chocolate and powdering the remaining material. Moreover, people most commonly use cocoa-based polyphenols for heart disease and high blood pressure.
It is also used for high cholesterol, memory, aging skin, and many other conditions which is the key growth driver of the market. Also, the appeal for chocolates of different types is rising swiftly in the market which acts as the major key growth driver of the Cocoa Based Polyphenols Market. Furthermore, the rising application of cocoa butter in pharmaceutical and cosmetic industries to produce skincare products in conjunction with cacao molecular studies involving molecular markers is set to propel the growth of the Market.
Cocoa's natural goodness, those polyphenols, are really making a splash, especially in the functional food market. We're talking about foods that do more than just fill you up – they're packed with health benefits, going way beyond basic nutrition! And it's not just a trend, people are actually becoming more aware of how beneficial these polyphenols are. That awareness is fueling the industry's growth. These days, people are reaching for drinks that are boosted with minerals, vitamins, probiotics, and anything that gives their immune system a leg up. Think drinks that harness the power of turmeric and ginger, for instance. All this is pointing to a bigger demand for functional beverages that really help boost your immunity.
Modern innovations in the sector have proven the advantages of cocoa in dietary supplements due to the presence of high content of polyphenols. The increase in consumption of cocoa-based polyphenol-infused supplements helps to lower blood pressure and improve insulin sensitivity among consumers. This, in turn, contributes to the increased demand for cocoa-based polyphenols in nutritional supplements and will propel the growth of the Cocoa Based Polyphenols Market during the forecasted years.
Global Cocoa Based Polyphenols MarketSegmentation Analysis
The Global Cocoa Based Polyphenols Market is Segmented on the basis of Application and Geography.
Based on Application, the market is bifurcated into Functional Foods, Functional Beverages, Dietary Supplements, and Others. The functional beverages segment holds the major share of the market in 2021. This is attributed to the increased demand in beverage companies that are specifically designed for cardiovascular protection. The growing functional beverage sector is one of the major factors driving the growth of the market as they offer overall nutrition to the customers.
Cocoa Based Polyphenols Market, By Geography
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
On the basis of Regional Analysis, the Global Cocoa Based Polyphenols Market is classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. Asia Pacific is expected to dominate the Cocoa Based Polyphenols Market and held the largest share. This is attributed to the increasing demand for plant-based products due to the growing awareness in terms of health benefits associated with polyphenols among people. This is expected to propel the growth of the market in the region, largely in countries such as India, Australia, China, and Indonesia.
Key Players
The “Global Cocoa Based Polyphenols Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are ADM, Barry Callebaut, Kemin Industries, Mars Incorporated, Naturex S.A, Nutra Ingredients Limited, Polyphenols AS, Ajinomoto NaturalSpecialities, Sabinsa, BERKEM, Diana Food.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis.
Ace Matrix Analysis
The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.
Market Attractiveness
The image of market attractiveness provided would further help to get information about the region that is majorly leading in the Global Cocoa Based Polyphenols Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.
Porter’s Five Forces
The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in the Global Cocoa Based Polyphenols Market, gauge the attractiveness of a certain sector, and assess investment possibilities.
Report Scope
REPORT ATTRIBUTES
DETAILS
STUDY PERIOD
2018-2030
BASE YEAR
2021
FORECAST PERIOD
2023-2030
HISTORICAL PERIOD
2018-2020
UNIT
Value (USD Million)
KEY COMPANIES PROFILED
ADM, Barry Callebaut, Kemin Industries, Mars Incorporated, Naturex S.A, Nutra Ingredients Limited, Polyphenols AS.
SEGMENTS COVERED
By Application
By Geography
CUSTOMIZATION SCOPE
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We'll dive into the market with qualitative and quantitative analysis, segmenting it based on both financial and, well, everything else. You'll get market value data in USD Billion for every segment and sub-segment. We'll pinpoint which region and segment is likely to explode in growth and which will be the market leader. Our geographical analysis will show you where the product/service is being used and what's influencing the market in each region. Expect a competitive landscape view, including market rankings of the big players, plus details on new offerings, alliances, expansions, and acquisitions from the last five years, all for the profiled companies. We'll provide detailed company profiles, covering overviews, insights, product comparisons, and SWOT analysis for the key market participants. We'll explore the present and future of the industry, focusing on recent trends, including growth opportunities, driving forces, challenges, and limitations in both up-and-coming and established regions. We'll also give you an in-depth look at the market through Porter's five forces analysis, and provide valuable insight into the market through a Value Chain analysis. Finally, you'll see the market's dynamic scenario, along with its growth potential in the coming years, and you will get 6-month post-sales analyst support. Learn More.
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