The global Cocoa Fiber market is expected to reach a market valuation of US$ 723 million by 2033, recording a CAGR of 6.2% from 2023 to 2033.
A dietary fiber known as cocoa fiber; is added to food as an addition. Dietary fiber provides a wide range of beneficial health effects, including the prevention of colon cancer, heart disease, and diabetes, the treatment of colon disorders, the improvement of gastrointestinal function, and many more. By micronization, washing, and thermal steam, cocoa fibers are produced from roasted cocoa shells. Additionally, it is a cocoa fiber that has a wide range of applications in the food and beverage, cosmetics, pharmaceutical, and bread industries.
Cocoa Fiber Market Size (2023E) | US$ 396 million |
Cocoa Fiber Market Projected Size (2033F) | US$ 723 million |
Value CAGR (2023 to 2033) | 6.2% |
Top 3 Countries Marketing Share | 68.6% |
When used in place of cocoa powder, cocoa fiber increases nutritional content, shelf life, texture, and flavor in a negligible way. Cocoa fibers are also utilized in the production of cardboard and paper to develop specialized solutions for various sectors. To address the evolving needs of consumers with respect to a range of health concerns and the rising demand for healthy and cutting-edge products, manufacturers are introducing cocoa-based fiber versions.
In our new study, ESOMAR-certified market research and consulting firm Future Market Insights (FMI) offers insights into key factors driving demand for Cocoa Fiber.
Market Statistics | Details |
Jan–Jun (H1), 2021 (A) | 5.3% |
Jul–Dec (H2), 2021 (A) | 5.4% |
Jan–Jun (H1),2022 Projected (P) | 5.9% |
Jan–Jun (H1),2022 Outlook (O) | 5.4% |
Jul–Dec (H2), 2022 Projected (P) | 5.5% |
Jul–Dec (H2), 2022 Outlook (O) | 5.1% |
Jan–Jun (H1), 2023 Projected (P) | 5.3% |
Consumers usually review the ingredient list of foods before making a purchase since they are very conscious of the items they consume. Natural ingredients are now being used more frequently in foods and beverages as a result of this. Since there has been a considerable rise in consumer awareness of the numerous health advantages of chocolate, revenue growth in the worldwide cocoa fiber market is anticipated to continue over the forecast period. Antioxidants slow down the aging process, maintain youthful skin, kick-start fat burning, and stimulate the body. This will lead to a rise in cocoa fiber demand in the future.
Manufacturers satisfy consumer demand for dietary fiber that offers good moisture and fat retention for their products. Stabilizers and emulsifiers are no longer necessary in recipes thanks to this trend. The use of cocoa fibers is expanding in fiber-rich spreads, extruded snacks, chocolate bases, cocoa toppings, and fitness bars. Inadequate fiber intake is another consequence of low consumption of fruits, legumes, and vegetables. Manufacturers are creating and releasing novel types like fruits, battered vegetables, nuts, cereals, etc., and their appeal is progressively growing, particularly in industrialized nations.
Cocoa Powder Market:
Attributes | Cocoa Powder Market |
CAGR (2023 to 2033) | 7% |
Market Value (2023) | US$ 4,565 million |
Growth Factor | The worldwide cocoa powder market is still expanding due to the increasing use of cocoa powder in human diets and food service operations. |
Key Trend | The non-uniformity in the supply of raw cocoa, the expansion of sustainable cocoa farming, and the rising consumption of processed goods in the food and beverage industry define the global market for cocoa powder. |
Cocoa Butter Market:
Attributes | Cocoa Butter Market |
CAGR (2023 to 2033) | 2% |
Market Value (2023) | US$ 8,891 million |
Growth Factor | Vitamin E, which promotes vision and helps to keep the brain and skin healthy, is abundant in cocoa butter. Sales of cocoa butter are anticipated to soar during the predicted period as a result. |
Key Trend | Beyond food, there are body oils, emollients, and natural moisturizers like cocoa butter lotions. Therefore, all the manufacturers aiming to expand their market reach |
Cocoa Liquor Market:
Attributes | Cocoa Liquor Market |
CAGR (2023 to 2033) | 6% |
Market Value (2023) | US$ 7,021 million |
Growth Factor | The use of cocoa liquor in beverages has grown, especially among working people because it takes less time to prepare these beverages. |
Key Trend | To appeal to the enormous client base, producers all around the world are creating drinks with chocolate flavoring. This will have a favorable effect on the market for cocoa liquor. |
The outer covering of the cocoa bean is used to make cocoa fiber, a byproduct of the cocoa manufacturing industry. This layer makes cocoa fiber an appealing ingredient for a variety of applications since it has a high concentration of dietary fiber and antioxidants. Due to its potential health advantages, such as improving blood sugar control, lowering cholesterol levels, and supporting digestive health, the demand for cocoa fiber has been rising in the United States over the past several years.
The market for cocoa fiber has expanded in the United States in part due to the movement toward natural and organic foods. As a natural, plant-based substance that is high in fiber and antioxidants, cocoa fiber fits into this trend.
There has been an increase in demand for organic and healthy products as the food and beverage sector in India has expanded quickly in recent years. There are many food and beverage products that can benefit from the natural, plant-based cocoa fiber ingredient. Additionally, there has been a rise in demand for functional foods in India, which provide additional health advantages over and above basic nutrition. Due to its potential for enhancing digestive health and lowering cholesterol, cocoa fiber is regarded as a functional food element.
Germany has seen an increase in the demand for natural and organic food items, and cocoa fiber is a natural, plant-based ingredient that may be used in a variety of food products. Cocoa fiber is an attractive component for health-conscious consumers because it is also high in fiber and antioxidants. Chocolate is one of the main sources of cocoa fiber, and Germany is one of the countries that consumes most of it globally. The demand for cocoa fiber is projected to rise along with the demand for chocolate-related products.
Additionally, the pharmaceutical sector uses cocoa fiber as a natural component in drugs for cholesterol lowering, weight management, and digestive health. The potential health advantages of cocoa fiber include bettering blood sugar regulation, lowering cholesterol, and supporting digestive health. The use of cocoa fiber in pharmaceuticals also complies with the industry's trend toward natural and eco-friendly materials. In place of synthetic or animal-based components, pharmaceuticals can employ the natural, plant-based substance cocoa fiber. Because it is a by-product of the chocolate industry and can aid in reducing waste and promoting sustainability, it is also a sustainable ingredient.
Cocoa fiber is a milder exfoliator than more abrasive exfoliating substances like plastic microbeads. Due to its coarse texture and high fiber content, cocoa fiber has natural exfoliating capabilities that can assist in removing dead skin cells and enhance the texture and appearance of the skin. The move toward natural and sustainable ingredients in the business is also supported by the usage of cocoa fiber in personal care products. In place of synthetic or animal-based substances, cocoa fiber is a natural and plant-based ingredient that can be utilized in personal care products.
Attribute | Details |
Forecast Period | 2023 to 2033 |
Historical Data Available for | 2018 to 2022 |
Market Analysis | US$ million for Value and Metric Ton for Volume |
Key Regions Covered | North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East and Africa |
Key Countries Covered | United States of America, Canada, Brazil, Mexico, Germany, United Kingdom, France, Italy, Spain, Nordic, Russia, Poland, China, Japan, South Korea, India, Thailand, Indonesia, Malaysia, Singapore, Australia, New Zealand, GCC countries, North Africa, South Africa, others. |
Key Segments Covered | Product Type, Application, and Region |
Key Companies Profiled |
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Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Customization & Pricing | Available upon Request |
The Cocoa Fiber Market is valued at US$ 396 million for 2023.
The Cocoa Fiber Market valuation is expected to be US$ 723 million in the year 2023.
The value of CAGR for the Cocoa Fiber Market is estimated to be 6.2%.
The Pharmaceutical Industry would garner a significant market value share by 2023.
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