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Cocoa Based Polyphenols Market Growth, Size | Forecast 2031
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Cocoa Based Polyphenols Market Growth, Size | Forecast 2031

Segments - Cocoa Based Polyphenols Market by Application (Dietary Supplements, Functional Beverages, Functional Foods, and Others) and Region (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

https://growthmarketreports.com/Riddhesh
Author : Riddhesh Dani
https://growthmarketreports.com/Harneet
Fact-checked by : Harneet Meher
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Editor : Shruti Bhat

Upcoming | Report ID :MC-4992 | 4.5 Rating | 82 Reviews | 165 Pages | Format : PDF Excel PPT

Report Description


The cocoa based polyphenols market size was valued at nearly USD 12.8 Bn in 2022 and is anticipated to reach USD 18.8 Bn by 2031, expanding at a CAGR of 4.3% during the forecast period, 2023 – 2031. The growth of the market is attributed to the growing health consciousness and increased spending on healthy living.

Polyphenol compounds are found naturally in plant foods, fruits, dark chocolate, wine vegetables, herbs, spices, and tea. They neutralize harmful free radicals that have the potential to damage the human body cells increasing the risk of diabetes, heart diseases, and even cancerous growths. Adequate intake of cocoa based polyphenols has been found to be effective for metabolic and endocrine-related disorders, cardiovascular diseases, and in cancer prevention.

Global Cocoa Based Polyphenols Market Outlook

Polyphenols found in cocoa act against the root cause of many chronic illnesses by reducing inflammation. Polyphenols have prebiotic effects on the human body by increasing good bacteria in the gut that improves preventive power and controls weight. Improvements in brain functions, blood sugar levels, heart diseases, and digestion have been observed through supervised intake of cocoa based polyphenols. Cocoa beans are rich sources of flavan-3-ols that aid the human cardiovascular system.

Cocoa beans are bitter in taste with highly concentrated polyphenols as constituent ingredients. Cocoa beans primarily contain proanthocyanidins (58%), catechins (37%), and anthocyanidins (4%) as polyphenol content. Epicatechin which makes up a major constituent share with 35% is majorly found in cocoa beans along with gallocatechin and epigallocatechin in lesser amounts. 5-6% of soluble polyphenol content is found in fresh cocoa beans.

The market report finds that the COVID-19 pandemic had a positive impact on the cocoa based polyphenols market. A surge in demand for immunity-boosting products was observed, which positively influenced the cocoa based polyphenols market. Sales of flavonoids, resveratrol, phenolic acid supplements, curcumin, polyphenolic amides, and lignans grew which boosted the sale of these products having cocoa based polyphenols as essential ingredients.

Cocoa Based Polyphenols Market Dynamics

Cocoa Based Polyphenols Market Major Drivers

Polyphenols are phytochemicals having antioxidant capabilities. Antioxidants benefit in preventing neurological disorders, aging, skin-related issues, cardiovascular illnesses, cancer, and diabetes. The market for cocoa based polyphenols is expected to expand predominantly in the functional food sector due to the growing health awareness of consumers.

Cocoa Based Polyphenols Market Existing Restraints

The availability of cheaper health-benefiting substitutes such as soybean oil, palm oil, rapeseed oil, and shea butter may hinder the market growth. Consumers have to shell out additional expenses for functional foods that are much more costly than traditional foods which may impact the market growth of cocoa based polyphenols.

Cocoa Based Polyphenols Market Emerging Opportunities

A significant rise in R&D investments for health supplement product development is anticipated to create opportunities in the cocoa based polyphenols market. Increased living standards coupled with growing health awareness in developed countries are expected to create expansion opportunities for market growth in the forecast period.

Global Cocoa Based Polyphenols Market Dynamics

Scope of Cocoa Based Polyphenols Market Report

The report on the global cocoa based polyphenols market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Cocoa Based Polyphenols Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2020 – 2021

Forecast Period

2023–2031

Segmentation

Application (Dietary Supplements, Functional Beverages, Functional Foods, and Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Nutra Ingredients Limited; Diana Food; Cocoa Processing Company; Blommer Chocolate Company; Castronovo Chocolate; Favarger; Felchlin; Ghirardelli; Askinosie Chocolate; Polyphenols AS; ADM; Barry Callebaut; Kemin Industries; Naturex S.A; Ajinomoto Natural Specialities; Sabinsa; BERKEM; Barry Callebaut; and Mars Incorporated.

 

Cocoa Based Polyphenols Market Segment Insights

Based on the application segment, the cocoa based polyphenols market is divided into dietary supplements, functional beverages, functional foods, and others.

The functional beverages segment is expected to expand at a significant growth rate during the projection period, owing to the notable surge in organic food and beverages manufacturing companies designed specifically for cardiovascular protection. Polyphenol consumption is beneficial to human health due to its antioxidant properties. Effectiveness in weight control has resulted in the rising demand for cocoa based polyphenols across age groups boosting the segment growth of functional beverages.

The dietary supplements segment is anticipated to hold a key share of the market, owing to its properties of reducing blood pressure and an improvement in insulin sensitivity. Polyphenols are consumed as dietary supplements as they reduce inflammation and oxidative stress, inhibit the formation of advanced glycation end products (AGEs), such as glycated hemoglobin, and protect pancreatic cells which are expected to boost segment growth in the forecast period.

Global Cocoa Based Polyphenols Market Application

In terms of region, the global cocoa based polyphenols market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa.

Asia Pacific is expected to dominate the market during the projection period owing to the increasing demand for polyphenol intake with enhanced health consciousness in the region. Rising demand for plant-based healthy nutritious foods is expected to drive market growth in Asia Pacific, particularly in India, Japan, and Indonesia, in the upcoming years.

The cocoa based polyphenols market in North America is anticipated to grow at a rapid pace owing to the increasing number of dietary supplements intake by consumers. The demand for food products high in functional and nutritious elements with increased health focus is expected to enhance the market in North America.

Giants in functional food manufacturing in North America are actively involved in researching and exploring healthy food inventions which are expected to contribute to the cocoa-based polyphenols market in the region.

Global Cocoa Based Polyphenols Market Regions

Segments

The global cocoa based polyphenols market has been segmented on the basis of

Application

  • Dietary Supplements
  • Functional Beverages
  • Functional Foods
  • Others

Region

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Nutra Ingredients Limited
  • Diana Food
  • Cocoa Processing Company
  • Blommer Chocolate Company
  • Castronovo Chocolate
  • Favarger
  • Felchlin
  • Ghirardelli
  • Askinosie Chocolate
  • Polyphenols AS
  • ADM
  • Barry Callebaut
  • Kemin Industries
  • Naturex S.A
  • Ajinomoto Natural Specialities
  • Sabinsa
  • BERKEM
  • Barry Callebaut
  • Mars Incorporated

Competitive Landscape

Key players competing in the cocoa based polyphenols market are Nutra Ingredients Limited; Diana Food; Cocoa Processing Company; Blommer Chocolate Company; Castronovo Chocolate; Favarger; Felchlin; Ghirardelli; Askinosie Chocolate; Polyphenols AS;     ADM; Barry Callebaut; Kemin Industries; Naturex S.A; Ajinomoto Natural Specialities; Sabinsa; BERKEM; Barry Callebaut; and Mars Incorporated.

These companies adopted development strategies including mergers, acquisitions, partnerships, collaboration, product launches, and production expansion to expand their consumer base worldwide. The competitive landscape covers key insights into growth strategies adopted by major market players.

  • In May 2022, Barry Callebaut, a renowned Belgian-Swiss chocolate manufacturer, and cocoa processor launched Farm of the Future, a food system innovation hub, for promoting extensive cocoa farming research.

    Global Cocoa Based Polyphenols Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Cocoa Based Polyphenols Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Cocoa Based Polyphenols Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Cocoa Based Polyphenols Market - Supply Chain
  4.5. Global Cocoa Based Polyphenols Market Forecast
     4.5.1. Cocoa Based Polyphenols Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Cocoa Based Polyphenols Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Cocoa Based Polyphenols Market Absolute $ Opportunity
5. Global Cocoa Based Polyphenols Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Cocoa Based Polyphenols Market Size and Volume Forecast by Applications
     5.3.1. Dietary Supplements
     5.3.2. Functional Beverages
     5.3.3. Functional Foods
     5.3.4. Others
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Cocoa Based Polyphenols Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Cocoa Based Polyphenols Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Cocoa Based Polyphenols Demand Share Forecast, 2019-2026
7. North America Cocoa Based Polyphenols Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Cocoa Based Polyphenols Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Cocoa Based Polyphenols Market Size and Volume Forecast by Applications
     7.4.1. Dietary Supplements
     7.4.2. Functional Beverages
     7.4.3. Functional Foods
     7.4.4. Others
  7.5. Basis Point Share (BPS) Analysis by Applications
  7.6. Y-o-Y Growth Projections by Applications
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Cocoa Based Polyphenols Demand Share Forecast, 2019-2026
8. Latin America Cocoa Based Polyphenols Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Cocoa Based Polyphenols Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Cocoa Based Polyphenols Market Size and Volume Forecast by Applications
     8.4.1. Dietary Supplements
     8.4.2. Functional Beverages
     8.4.3. Functional Foods
     8.4.4. Others
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Cocoa Based Polyphenols Demand Share Forecast, 2019-2026
9. Europe Cocoa Based Polyphenols Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Cocoa Based Polyphenols Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Cocoa Based Polyphenols Market Size and Volume Forecast by Applications
     9.4.1. Dietary Supplements
     9.4.2. Functional Beverages
     9.4.3. Functional Foods
     9.4.4. Others
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Cocoa Based Polyphenols Demand Share Forecast, 2019-2026
10. Asia Pacific Cocoa Based Polyphenols Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Cocoa Based Polyphenols Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Cocoa Based Polyphenols Market Size and Volume Forecast by Applications
     10.4.1. Dietary Supplements
     10.4.2. Functional Beverages
     10.4.3. Functional Foods
     10.4.4. Others
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Cocoa Based Polyphenols Demand Share Forecast, 2019-2026
11. Middle East & Africa Cocoa Based Polyphenols Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Cocoa Based Polyphenols Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Cocoa Based Polyphenols Market Size and Volume Forecast by Applications
     11.4.1. Dietary Supplements
     11.4.2. Functional Beverages
     11.4.3. Functional Foods
     11.4.4. Others
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Cocoa Based Polyphenols Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Cocoa Based Polyphenols Market: Market Share Analysis
  12.2. Cocoa Based Polyphenols Distributors and Customers
  12.3. Cocoa Based Polyphenols Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Nutra Ingredients Limited
     12.4.2. Diana Food
     12.4.3. Cocoa Processing Company
     12.4.4. Blommer Chocolate Company
     12.4.5. Castronovo Chocolate
     12.4.6. Favarger
     12.4.7. Felchlin
     12.4.8. Ghirardelli
     12.4.9. Askinosie Chocolate
     12.4.10. Polyphenols AS
     12.4.11. ADM
     12.4.12. Barry Callebaut
     12.4.13. Kemin Industries
     12.4.14. Naturex S.A
     12.4.15. Ajinomoto Natural Specialities
     12.4.16. Sabinsa
     12.4.17. BERKEM
     12.4.18. Barry Callebaut
     12.4.19. Mars Incorporated

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