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Global Cocoa Fiber Market to reach USD 583.12 million by 2027

Global Cocoa Fiber Market Size study, By Product Type (Conventional, and Organic), By Application (Confectionery, Functional Food, Bakery Items, Beverages, Cosmetics, Pharmaceuticals, and Packaging industry), and Regional Forecasts 2020-2027

Product Code: OIRFAB_41766501
Publish Date: 21-09-2020
Page: 200

Global Cocoa Fiber Market is valued approximately at USD 322.13 million in 2019 and is anticipated to grow with a healthy growth rate of more than 7.7% over the forecast period 2020-2027. Cocoa fiber is a dietary fiber that is used as an additive in the food industry. Dietary fiber has a wide variety of effective health uses, such as reducing the risk of heart disease, cancer of the colon and diabetes, treatment of colonic disorders, enhancement of gastrointestinal function and others. Cocoa fiber is produced from roasted cocoa husks by washing, micronizing and heat steaming (sterilization). Cocoa fiber used as a supplement for cocoa powder to enhance nutritional value, shelf life and texture with limited effects on taste. In addition, cocoa fiber used in a wide variety of end-use applications, including bakery, drinks, cosmetics, pharmaceuticals, and others. Cocoa fiber is also used for board and paper processing to create personalized solutions for many industries. Manufacturers are introducing variants of cocoa-based fiber to meet the emerging needs of customers linked to various health issues and growing demand for safe and creative goods. For example, in 2017, Praim Group announced its plans to produce bakery-inspired chocolate bars with flavours such as dark chocolate raspberry burst and dark chocolate mint crunch. With the increasing demand for dark chocolates in the country, it is expected that more manufacturers will launch different varieties within this chocolate category to attract new consumers. Companies also seek to increase production capacity and to evolve rapidly in order to deliver goods that are nutritious and that also come from different varieties. Global customer awareness of the many health benefits associated with chocolate has seen a major increase in the recent past and is projected to continue to raise sales from the global demand for cocoa fibre over the forecast period. Over the years, the production and consumption of bakery items with a lower calorie count has increased. The increase in obesity, cardiovascular disease and other diet-related illnesses has contributed to a greater understanding of lower calorie food ingredients. Moreover, lower consumption of fruits, pulses, vegetable results in inadequate fibre intake. As a result, the fat part of the bakery products has been replaced by the cocoa fibre content, which is expected to increase the market demand for cocoa fibre. The growing popularity of chocolates among the young generation increases the desire for and consumption of cocoa powder. Various market players have started introducing products with various health benefits. For instance, In January 2020, Healy Group– an Ireland-based company has launched a cocoa fiber-based product PrimaFi Cocoa. This product contains natural, and dietary cocoa fiber that replaces 40% sugar without hindering the mouthfeel.

The regional analysis of global Cocoa Fiber Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. Europe is expected to remain the most prominent area for the production and consumption of cocoa fibre during the forecast period. Knowledge of the related health benefits of cocoa fibre and increased consumption of dietary supplements on the North American market has resulted in an increase in demand for cocoa fibre over the years.
Major market player included in this report are:
Healy Group.
Archer Daniels Midland Company
Barry Callebaud
GreenField
Interfiber,
Jindal Cocoa,
United Cocoa Processor
Carlyle Cocoa
Euroduna Food Ingredients.
Cargill Inc.
Cemoi and Moner Cocoa
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
Conventional
Organic
By Application:
Confectionery
Functional Food
Bakery Items
Beverages
Cosmetics
Pharmaceuticals
Packaging industry
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Cocoa Fiber Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Cocoa Fibre Market, by Region, 2018-2027 (USD Billion)
1.2.2. Cocoa Fibre Market, by Product Type, 2018-2027 (USD Billion)
1.2.3. Cocoa Fibre Market, by Application, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Cocoa Fibre Market Definition & Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Cocoa Fibre Market Dynamics
3.1. Cocoa Fibre Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Cocoa Fibre Market: Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Cocoa Fibre Market, by Product Type
5.1. Market Snapshot
5.2. Global Cocoa Fibre Market by Product Type, Performance – Potential Analysis
5.3. Global Cocoa Fibre Market Estimates & Forecasts by Product Type, 2017-2027 (USD Billion)
5.4. Cocoa Fibre Market, Sub Segment Analysis
5.4.1. Conventional
5.4.2. Organic
Chapter 6. Global Cocoa Fibre Market, by Application
6.1. Market Snapshot
6.2. Global Cocoa Fibre Market by Application, Performance – Potential Analysis
6.3. Global Cocoa Fibre Market Estimates & Forecasts by Application, 2017-2027 (USD Billion)
6.4. Cocoa Fibre Market, Sub Segment Analysis
6.4.1. Confectionery
6.4.2. Functional Food
6.4.3. Bakery Items
6.4.4. Beverages
6.4.5. Cosmetics
6.4.6. Pharmaceuticals
6.4.7. Packaging industry
Chapter 7. Global Cocoa Fibre Market, Regional Analysis
7.1. Cocoa Fibre Market, Regional Market Snapshot
7.2. North America Cocoa Fibre Market
7.2.1. U.S. Cocoa Fibre Market
7.2.1.1. Product Type breakdown estimates & forecasts, 2017-2027
7.2.1.2. Application breakdown estimates & forecasts, 2017-2027
7.2.2. Canada Cocoa Fibre Market
7.3. Europe Cocoa Fibre Market Snapshot
7.3.1. U.K. Cocoa Fibre Market
7.3.2. Germany Cocoa Fibre Market
7.3.3. France Cocoa Fibre Market
7.3.4. Spain Cocoa Fibre Market
7.3.5. Italy Cocoa Fibre Market
7.3.6. Rest of Europe Cocoa Fibre Market
7.4. Asia-Pacific Cocoa Fibre Market Snapshot
7.4.1. China Cocoa Fibre Market
7.4.2. India Cocoa Fibre Market
7.4.3. Japan Cocoa Fibre Market
7.4.4. Australia Cocoa Fibre Market
7.4.5. South Korea Cocoa Fibre Market
7.4.6. Rest of Asia Pacific Cocoa Fibre Market
7.5. Latin America Cocoa Fibre Market Snapshot
7.5.1. Brazil Cocoa Fibre Market
7.5.2. Mexico Cocoa Fibre Market
7.6. Rest of The World Cocoa Fibre Market

Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. Healy Group.
8.2.1.1. Key Information
8.2.1.2. Overview
8.2.1.3. Financial (Subject to Data Availability)
8.2.1.4. Industry Summary
8.2.1.5. Recent Developments
8.2.2. Archer Daniels Midland Company
8.2.3. Barry Callebaud
8.2.4. GreenField
8.2.5. Interfiber,
8.2.6. Jindal Cocoa,
8.2.7. United Cocoa Processor
8.2.8. Carlyle Cocoa
8.2.9. Euroduna Food Ingredients.
8.2.10. Cargill Inc.
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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