The global cocoa-based polyphenols market is estimated to be worth around USD 87.1 Million by the year 2022, accelerating with a CAGR of 5.8% by 2022 to 2032. The cocoa-based polyphenols market size is estimated to reach a valuation of about USD 153.2 Million by 2032 end.
Numerous health advantages relating to the prevention of cardiac illnesses, cancer, diabetes, and many more provided by polyphenol items have rendered cocoa-based polyphenols a lucrative commodity for business.
| Attributes | Value |
|---|---|
| Cocoa-Based Polyphenols Market Share (2022) | USD 87.1 Million |
| Cocoa-Based Polyphenols Market Projected Size (2032) | USD 153.2 Million |
| Cocoa-Based Polyphenols Market Growth (CAGR 2022 to 2032) | 5.8% |
It is projected that the nutritious food sector would see the most demand for cocoa-based polyphenols all across the economies. Improving public knowledge of the advantages of organic polyphenols for health is anticipated to support the cocoa-based polyphenols market growth and expansion in the coming days.
Polyphenols have a significant prebiotic impact; they raise the proportion of healthy intestinal bacteria, which is critical for maintaining general well-being, controlling obesity, and preventing infections. To attract customers, these drinks usually make a big deal about the immune-boosting abilities of components like cocoa-based polyphenols.
Such factors have increased sales of cocoa-based polyphenol meals and drinks that help to popularize the product in the food & beverages market.
Due to its high polyphenol content, recent advancements in the market have demonstrated the advantages of cocoa in nutritional products. Growing emphasis on marketing the product across local markets has given a ride to new emerging trends in the cocoa-based polyphenols market by the local players.
Consuming beverages with cocoa-based polyphenols improve insulin sensitivity and lowers blood pressure in consumers. This, in turn, has fuelled the recent increase in sales of cocoa-based polyphenols that can be used in dietary supplements and culinary products.
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Over the last few decades, according to the global market study report on cocoa-based polyphenol products, the market continued at a very slow pace until 2019. Unawareness about the benefits of the product and unfamiliarity with its uses had limited the cocoa-based polyphenol market growth only within traditional cocoa production regions.
However, the demand for cocoa-based polyphenols increased during the pandemic as people's immunity and general well-being came under increasing scrutiny. The global cocoa-based polyphenols market share is poised to experience an upward trajectory in the coming days, thanks to ongoing Research and Development helping companies win over customers.
The cocoa-based polyphenols market future trends are anticipated to be driven by growing people's busy lives and growing awareness of the health advantages of these nutrient-rich foods. Recent revelations by the medical community researchers about the anti-cancer properties of the product are anticipated to boost the global cocoa-based polyphenols market in the medical sector as well.
Through the use of this product, geriatric neurodegenerative diseases can also be avoided. So the growing proportion of the aged population in all major economies has ushered in a very favorable ground for the growth of cocoa-based polyphenols market key trends and opportunities in recent years.
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The retail costs of functional food items are typically 30% higher than those of traditional food goods. This has restrained the sales of cocoa-based polyphenols in a lot of regions of the world. Moreover, the price of cocoa-based polyphenols, like all other products, varies depending on the availability of the raw materials used, making the market highly subject to local suppliers.
The functional food items have been positively controlled by a number of governmental authorities in various areas, creating potential hindrances to their manufacturing and distribution. Progressive regulatory systems for the approval and marketing of cocoa-based polyphenols products exist in several countries.
At the same time, many other economies are currently drafting similar laws that could pose a challenge to cocoa-based polyphenols market growth to some degree.
With 32.7% of the overall revenue share in 2022, the functional beverages category topped all the cocoa-based polyphenols market segments. Throughout the projected period, the cocoa-based polyphenols market's key trends and opportunities are anticipated to rise due to the expansion of this sector.
Such increment in the functional beverages category may be attributed to the noticeable increase in beverage businesses that specialize in cardiovascular protection. Given that they provide customers with total nutrition and well-being, functional beverages are a key component driving the cocoa-based polyphenols market opportunities.
Since functional foods often have higher costs and better profit margins than traditional foods, many cocoa-based polyphenols producers find them to be appealing. Prospects in the functional foods industry are anticipated to arise for rising nations in the Asia Pacific, Central, and South America, and Japan as a consequence of booming local markets and expanding export opportunities.
The other segment of dietary supplements is becoming more and more well-liked among customers looking for all-natural treatments for different medical conditions. As per the cocoa-based polyphenols market statistics report figures out, this segment would be a rapidly growing segment in the upcoming days.
Natural supplements are the recommended method for treating a range of digestive disorders that could emerge as a better-performing application segment of the global cocoa-based polyphenols markets over the forecasted years.
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As per the new market research report on cocoa-based polyphenols, the Asia Pacific region is emerging to be the leading market in 2021, with more than 35% revenue share. This rise in sales of cocoa-based polyphenols is attributable to the increased demand for plant-based food items in Asia Pacific countries as people become more aware of their health advantages.
This is a crucial aspect that is anticipated to open the door for cocoa-based polyphenols market opportunities throughout the Asia Pacific in terms of value sales, particularly in India, China, Australia, and Indonesia, over the anticipated years.
Thus, it is projected that over time, the aforementioned variables will provide a wealth of potential for the expansion of the cocoa-based polyphenols market size derived from cocoa throughout Central and South America.
The sales of cocoa-based polyphenols in North America are anticipated to be fuelled by the rising trend of customers who are choosing nutritional supplements and food items rich in Vitamin and anti-oxidant elements.
It is predicted that the North American cocoa-based polyphenols market may expand throughout the projected timeframe due to the existence of big firms like ADM and Sabinsa Company that are actively investigating their potential in packaged food goods and beverages.
The fragmented character of the global cocoa-based polyphenols market means that it heavily depends on several major market participants in competition among themselves. To fulfill the increased demand, the cocoa-based polyphenols market key players are constantly improving and expanding their production facilities and procedures.
To establish their position in the market, cocoa-based polyphenols industries have engaged in a variety of strategic efforts, including product diversification, manufacturing capacity growth, and divestiture of sources.
Major Developments
Due to expanding middle class and booming economy, the global market is becoming a source of substantial spending for consumers. Due to its highly fragmented and disorganized industry, the market is providing enormous development prospects to both local and foreign cocoa-based polyphenols enterprises.
As evident from the new market research report on cocoa-based polyphenols by FMI, several start-ups have emerged with a target of capitalizing on the growing preference for organic and natural food ingredients among urban people. Most of the new cocoa-based polyphenols market players entering the sector are heavily relying on online channels for marketing and distribution of their products.
The cocoa-based polyphenols market is expected to grow at 5.8% CAGR from 2022 to 2032.
The cocoa-based polyphenols market is estimated to be around USD 87.1 Million in 2022.
The cocoa-based polyphenols market is to reach a valuation of USD 153.2 Million by 2032.
Functional food contributes to almost 35% of the market share.
Asia Pacific region is the dominant cocoa-based polyphenols market.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032 5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Application 5.1. Functional Foods 5.2. Functional Beverages 5.3. Dietary Supplements 5.4. Other Applications 6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region 6.1. North America 6.2. Latin America 6.3. Europe 6.4. Asia Pacific 6.5. Middle East and Africa 7. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 8. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 9. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 10. Asia Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 11. MEA Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 12. Key Countries Market Analysis 13. Market Structure Analysis 14. Competition Analysis 14.1. ADM 14.2. Barry Callebaut 14.3. Kemin Industries 14.4. Mars, Incorporated 14.5. Naturex S.A 14.6. Nutra Ingredients Limited 14.7. Polyphenols AS 14.8. Ajinomoto NaturalSpecialities 14.9. Sabinsa 14.10. BERKEM 14.11. Diana Food 15. Assumptions & Acronyms Used 16. Research Methodology
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Cocoa Based Polyphenols Market
