Fact.MR, a leading authority on market research brings original, in-depth, and insightful reports to investors On Cocoa Extract Market Sales & Demand. Report will highlight various growth forecasts, key trends, and notable segments ripe for upcoming investments.
Extensive rounds of primary and a comprehensive secondary research have been leveraged by the analysts to arrive at various estimations and projections for Sales & Demand of Cocoa Extract, its market share, production footprint, current launches, agreements, ongoing R&D projects, and market strategies.
Market Overview
Cocoa extract, predominantly used in chocolate formulations, provides several health benefits such as better blood flow, improved insulin sensitivity, and antioxidant effects. With increasing demand for food products of high nutritional profile on the account of growing prevalence of lifestyles diseases such as obesity and diabetes, the cocoa extract market is expected to witness significant growth in the near future.
The cocoa extract is gaining increasing demand with expansion of specialty or premium chocolate products. Consumers are seeking higher quality and higher cocoa content in chocolates which is likely to accelerate the growth of cocoa extract market.
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Growing interest in healthy living along with concerns regarding the impact of food intake in health and wellness among consumers has stimulated the demand for higher-quality cocoa which in turn is expected to boost growth of cocoa extract market. Owing to their potential benefits, cocoa extract also finds application in other industries including cosmetic and personal care and pharmaceuticals.
This is one of the important factors complementing the growth of cocoa extract market. In addition, increasing number of countries consuming cocoa beans along with drop in price of these beans has been envisaged to guide the future expansion of the cocoa extract market.
These study approach a detailed segmental review.
Global Cocoa Extract Market: Segmentation
The cocoa extract market is segmented on the basis of product form, nature and end use.
On the basis of product form, the cocoa extract market is segmented as-
On the basis of nature, the cocoa extract market is segmented as-
On the basis of end use, the cocoa extract market is segmented as-
- Food & beverage industry
- Compounds
- Bakery
- Confectionery
- Breakfast cereals
- Dairy
- Functional food & beverages
- Infant Formula
- Dietary supplements
- Cosmetics & Personal Care
- Pharmaceutical Industry
The Cocoa Extract Sales study analyzes crucial trends that are currently determining the growth of Cocoa Extract Market.
The Key trends Analysis of Cocoa Extract also provides dynamics that are responsible for influencing the future Sales and Demand of Cocoa Extract market.
Opportunities for Cocoa Extract Market Participants
The Asia Pacific chocolate market growth is forecasted to outstrip its cocoa supply. Hence, manufacturers have tremendous opportunity to expand offerings of cocoa extract portfolio in this region.
Rapid urbanization and rising disposable income of the consumers has led to increased consumption of chocolate which exhibits clear growth potential for the cocoa extract market in this region.
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Company share analysis is used to derive the size of the global Cocoa Extract market. As well as a revenues of companies for the last several years provides the base for forecasting the market size and its Sales growth rate.
The Survey report highlights the growth factors and entry barriers for the key players and talks about the new trends emerging in the global Cocoa Extract market.
The report covers following Cocoa Extract Market insights and assessment that are helpful for all participants involved in market:
- Data on recently introduced regulations and their impact on key industries and on demand in Cocoa Extract
- Latest industry Analysis on Cocoa Extract Market , with key analysis of market drivers, trends, and influencing factors
- Key trends Analysis of Cocoa Extract market and changing consumer preferences in major industries.
- Changing Cocoa Extract demand and consumption of diverse products
- Major trends underlining funding by key investors in numerous countries
- New investment opportunities in diverse technology and product or service types
- Comprehensive data and Competitive analysis of Cocoa Extract major players
- Cocoa Extract market sales in US will grow at a steady pace, driven by growing consumer confidence and economic recovery
- Cocoa Extract demand forecast in Europe remains stable, as many countries such as UK, France, and Germany focus on boosting growth
NOTE: Our team are studying Covid-19 and its impact on the Sales growth of Cocoa Extract market and where necessary we will consider the Covid-19 footmark for better analysis of the market Demand and industries outlook.
Further, the Cocoa Extract market Survey report emphasizes the adoption pattern And Demand of Cocoa Extract Market across various industries.
The report mentions growth parameters in the regional markets.
Market Outlook for Cocoa Extract Market
Cocoa extract is manufactured from cocoa beans and have been historically used to enhance the flavor in chocolate formulations. Cocoa extract is a highly concentrated form of cocoa and also contains high amount of flavanols while the undesirable soluble such as the fat content are removed to distill out only the pure and concentrated flavoring portion of the cocoa beans.
The cocoa extract is sold in two forms- spray dried powder and liquid extract. The use of cocoa extract is more preferred over cocoa powder by the manufacturers because cocoa powder may leave unwanted precipitates in the finished product apart from flavoring it.
The use of cocoa extract has also proven to be cost effective to the manufacturers because it eliminates the use of stabilizing, masking and suspension agents in chocolate formulations.
Currently, key players in the cocoa extract market are focusing on harnessing the nutritive aspects of cocoa extract. For instance, in 2014, the company Cyvex Nutrition, Inc., which is a manufacturer and supplier of nutritional ingredients, developed an organic cocoa extract under the brand name CocoaNol, which is being marketed for its high antioxidant profile and targeted to meet the evolving needs of the health conscious consumers.
Global Cocoa extract Market: Key Developments & Takeaways
Product launches have dominated the cocoa extract market as there has been increasing focus on the antioxidant and nutrition rich profile of the cocoa extract which is being supported by new scientific research publications.
In May 2018, the company Prova launched a new range of cocoa extract and flavors. This variety of cocoa extract claim to be eight times stronger than cocoa powder and also have longer shelf life stability.
In 2017, the company Mars, Incorporated, which is a manufacturer of chocolate products and supplements, expanded the distribution of its cocoa extract based health supplements, available under the brand of CocoVia in U.K.
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Reasons for Covering this Title
In the food & beverage industry, manufacturers are focusing on using ingredients which have a high nutritional profile and which also enable the manufacturers to make their production techniques more effective.
Cocoa extract is aligned with both these trends in the food industry as it is being increasingly supported by scientific data regarding its health claims and has also proven to be more shelf life stable as compared to cocoa powder. The cocoa powder market is being increasingly overshadowed by the cocoa extract market and the critical factors which highlight its market growth are essential to be investigated.
Also, cut throat competition in the confection vertical has led manufacturers to focus on offering better quality products and in terms of quality as well cocoa extract outshines its competitor cocoa powder, being able to provide richer aromas and flavors to the finished product.
Also, many ingredient manufacturers and suppliers are strengthening their business relationships with the finished food product manufacturers in order to understand their production goals and develop customized products according to their needs.
Competitive Landscape Analysis On Cocoa Extract Market:
In this report, leading market participants involved in the manufacturing of Cocoa Extract are covered. Analysis regarding their product portfolio, key financials such as market shares and sales, SWOT analysis and key strategies are included in this report.
Some of the key participants in the global Cocoa Extract Market include :
Some of the key players operating in the global cocoa extract market are Bioriginal Food & Science Corporation, John Aromas, Phytoextract Pvt. Ltd, ETChem, Merck KGaA, CPC Ingredients, Tharakan and Company, PROVA SAS, Van Aroma, Indo-World, Haldin, Kerry Inc., The Green Labs and Cyvex Nutrition, Inc. amongst others.
After glancing through the report on global Cocoa Extract market Demand, readers will get valuable insight into the following:
- What opportunity Trends and drivers await the market in the forthcoming years?
- Which of the regions are likely to offer plethora of opportunities for the global Cocoa Extract market Demand?
- What are the emerging Sales revenue streams for the Cocoa Extract market?
- What are the business models and technologies with disruptive potential?
- Precise Year-on-Year growth of the Cocoa Extract market Share.
Analysts at Fact.MR give prominent data on recent technological developments and product developments in the Cocoa Extract Demand during the assessment period.
A comprehensive estimate on Demand of Cocoa Extract market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of Cocoa Extract market.
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