Consumer Insights
Uncover trends and behaviors shaping consumer choices today
Procurement Insights
Optimize your sourcing strategy with key market data
Industry Stats
Stay ahead with the latest trends and market analysis.
Base Year
Historical Year
Forecast Year
The global cocoa solids market size is expected to grow at a CAGR of 4.7% in the forecast period of 2024-2032, reaching a value of around USD 6.38 billion by 2032. The market is being driven by the increasing demand for cocoa solids in the food and beverage sector.
Cocoa solids refer to the edible parts of the cocoa bean plant that provide the characteristic flavour and colour to chocolate. To obtain cocoa solids, cocoa beans are roasted, cracked, and grinded into a paste known as chocolate liquor from which the fatty component, cocoa butter, is extracted, leaving behind cocoa solids. Based on desired application, varying percentages of cocoa solids can be used.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Based on nature, the market is bifurcated into organic and conventional. On the basis of end-use industry, the market is classified into food and beverages, cosmetics and personal care, and pharmaceutical. The regional markets for cocoa solids are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the global cocoa solids market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
The food and beverages segment, based on end-use industry, accounts for a sizable share of the cocoa solids market. This can be attributed to the heightened usage of cocoa solids in desserts, beverages, and various confectionery products to improve texture, enhance mouthfeel, and increase the richness and aesthetic appeal of the food and beverage products. The widespread popularity of the typical chocolate flavour is also augmenting the demand for cocoa solids in the food and beverage end-use industry. Increasing application of cocoa solids in dark chocolates and premium chocolate-based products is further escalating the growth of this segment.
Based on region, North America holds a decent share of the cocoa solids market, supported by the strong consumer demand for various chocolate products and presence of leading market players. Increasing awareness about the health benefits of cocoa solids is leading to an escalating demand for cocoa solids in various forms. Changing lifestyles is heightening the consumption of sweetened desserts and premium chocolate products, which is another growth guiding factor of the market. Rising popularity of dark chocolates with higher percentages of cocoa solids, homemade chocolate recipes, and customisation of chocolates are anticipated to surge the North America market for cocoa solids in the coming years.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Cargill Incorporated is a private global food producing company which was founded in 1865 and is headquartered in Minnesota in the United States. The product portfolio of this company includes grains and oilseeds, animal nutrition, and health-based products.
United Cocoa Processor, Inc. is leading producer of customised high-quality cocoa products which caters to the demands of industries such as food and pharmaceutical. The company was established in 1992 and is headquartered in New Jersey, United States.
Guan Chong Berhad (GCB) is a food company which specialises in producing cocoa-based products such as cocoa butter, mass, liquor, powder, and several other ingredients. The company was founded in 2004 and is currently headquartered in Johor, Malaysia.
Other market players include Keliffs Nutrients Pvt Ltd, and Olam International Limited, among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
Breakup by Nature |
|
Breakup by End-use Industry |
|
Breakup by Region |
|
Market Dynamics |
|
Competitive Landscape |
|
Companies Covered |
|
Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
The market is estimated to grow at a CAGR of 4.7% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032, reaching a value of around USD 6.38 billion by 2032.
The major drivers of the market include increasing popularity of downstream cocoa solids products, rising awareness pertaining to its health benefits, and changing eating habits of consumers.
The key trends in the market include rising popularity of premium packaged chocolate products, increasing use of cocoa solids in cosmetics and personal care, and heightening consumption of dark chocolate among working-professionals.
The major regional markets for cocoa solids are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The different natures of cocoa solids in the market are organic and conventional.
The significant end-use industries in the market for cocoa solids are food and beverages, cosmetics and personal care, and pharmaceuticals.
The major market players, according to the report, are Cargill Incorporated, United Cocoa Processor, Inc., Guan Chong Berhad (GCB), Keliffs Nutrients Pvt Ltd, and Olam International Limited, among others.
Purchase Full Report
Datasheet
Single User License
One User
Five User License
Five Users
Corporate License
Unlimited Users
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
Share