Cocoa Extract

Cocoa Extract Market Is Projected To Rise At A CAGR Of 3.5% From 2022 To 2032

Food and beverages

The global cocoa extract market size is estimated at US$ 7.91 billion in 2022 and is expected to reach a US$ 11.24 billion by 2032, increasing at a CAGR of 3.5% between 2022 and 2032.

The use of organic cocoa extract is expected to rise steadily over the coming years due to an increasing number of people becoming more health conscious since chemical pesticides and fertilizers are not used in the production of organic cocoa.

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Key Segments Covered in Cocoa Extract Industry Research

  • by Product Form :

    • Cocoa Extract Powder
    • Liquid Cocoa Extract
  • by Nature :

    • Organic Cocoa Extract
    • Conventional Cocoa Extract
  • by End Use :

    • Food & Beverages
    • Compounds
    • Bakery
    • Confectionery
    • Breakfast Cereals
    • Dairy
    • Infant Formulas
    • Dietary Supplements
    • Cosmetics & Personal Care
    • Pharmaceuticals
  • by Region :

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

Competitive Landscape

Product launches have dominated the cocoa extract market as there has been increasing focus on the antioxidant and nutrition-rich profile of cocoa extract, which is being supported by new scientific research publications.

For instance :

  • Prova launched a new range of cocoa extract and flavors. This variety of cocoa extract claims to be eight times stronger than cocoa powder and also has longer shelf-life stability.

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