Cocoa Powder Market: Market Introduction
Seeds from Theobroma cacao L. are the base for the making of the most essential and extensive functional food in human history. Cocoa powder is food consumed in many countries throughout the world. Cocoa powder contains high amounts of flavonoids, a class of plant and fungus secondary metabolites. These are considered to have beneficial effects on human health. Cocoa powder has numerous health benefits due to its number of physiological effects such as anti-inflammatory effects, antioxidant effects, and improvement of endothelial cell functions, which also improves the cardiovascular functions.
Cocoa powder has extended a major amount of attention in the industry, not only because of its unstable price but also because of the rise in the consumption of cocoa powder in non-confectionery applications. Cocoa powder is manufactured by crushing the material remaining after part of the cocoa fat has been removed from ground cocoa ends. Like any other ingredient, cocoa powders have a specific role in food applications. Cocoa powder is used as a coloring and flavoring agent in a wide range of applications. Cocoa powder can be used to manufacture new products that appear inviting and different, whether in beverages, ice cream or dairy.
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Cocoa Powder and its Properties:
Cocoa powder provides unique color attributes. Cocoa powder provides a softer chocolaty taste, which enhances the flavor of the food products in classic applications. Cocoa powder ideally used for chocolate ice cream, desserts, and drinks applications which reflect the finest trend towards a strong rich color and flavor. Cocoa powder has the ability to tailor-make unique solutions.
Cocoa powder is one of the richest sources of polyphenols. Cocoa Powder is especially rich in flavanols, which have strong anti-inflammatory and antioxidant effects. Cocoa powder helps in numerous health benefits such as lower blood pressure, reduced inflammation, better blood flow, and improved cholesterol and blood sugar levels. Cocoa powder can be used as a healthy food which helps in many diseases such as cardiovascular, heart attack, and also cocoa powder has mood-boosting properties.
Cocoa Powder Market: Market Dynamics
Consumers are seeking for something innovative and new, and chocolate-flavored products are especially highly regarded. Cocoa powder contains a high amount of essential nutrients and it is one of the most nutrient dense food in the modern diet. Growing awareness about healthy and nutrient diet leads to an increase in the demand for cocoa powder in the forecast period.
Cocoa Powder Market: Segmentation
On the basis of the available Product type, the global Single Cocoa Powder market has been segmented as:
- Black Cocoa Powder
- Double Dutch Cocoa Blend
- Triple Cocoa Blend
- Bensdorp Dutch Process Cocoa
- Cocoa Rough Powder
- Natural Cocoa Powder
On the basis of Variety, the global Cocoa Powder market has been segmented as:
- Other Cocoa Varieties
On the basis of applications, the global Cocoa Powder market has been segmented as:
- Chocolate & Confectionery
- Functional Food
On the basis of Distribution Channel, the global Cocoa Powder market has been segmented as:
- Business to Business
- Business to Consumer
- Convenience Store
- Specialty Store
- Traditional Grocery Store
- Online Retailers
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Cocoa Powder Market: Market Participants
- Mars, Inc.
- Cocoa Processing Company
- Olam International
- Cargill, Inc.
- Barry Callebaut Swiss Chalet Fine Foods
- Dutch Cocoa
Opportunities for Participants in the Cocoa Powder Market
Increased consumption in developing countries has increased demand for cocoa powder. Cocoa powder not only used in a confectionary and chocolate industry but also used in a variety of new applications, particularly in the dairy and bakery industry. Increasing food and beverage sector and increasing demand for more nutrient and natural products lead to an increase in the demand for cocoa powder in the near future. The growing presence of cocoa powder in daily lifestyle and increasing popularity of healthy and natural food products continue to drive the growth of the global cocoa powder market.