Global Cocoa Nibs Market by Type (Organic, Conventional), By Application (Retail, Food Processing Industry, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028
The Global Cocoa Nibs Market size is expected to reach an estimated value of over USD 4 billion by 2028. The trend of population growth in emerging economies and rapid urbanization is leading to an increase in demand for cocoa nibs as a substitute for coffee. Technological innovation is also spurring the growth of this market due to increased usage of cocoa nibs in the food processing industry owing to its natural antioxidant properties which help preserve food products without adding color or flavor.
Cocoa nibs are the end product of chocolate production. They come from cocoa beans that have been roasted and then ground into a paste called chocolate liquor. This is further processed to make cocoa powder, which is what we typically think of when we see this ingredient on food labels. The remaining remains after processing all go through one final step to become cocoa nibs - an unprocessed form of dark chocolate with no sugar added or milk solids removed; it's simply pure cacao in its most natural state. The demand for Cocoa Nibs has increased significantly over the recent past due to increasing health awareness among consumers across the globe leading them towards products containing antioxidant properties such as Coco Nuts which helps preserve food without any artificial flavors.
On the basis of Type, the market is segmented into Organic and Conventional.
Organic Cocoa Nibs:
Organic Cocoa Nibs are derived from cocoa beans that have been grown without the use of pesticides, herbicides, or chemical fertilizers. They're also processed without any additives such as preservatives, stabilizers, artificial flavors, etc., which make it a healthy option for consumers who prefer to avoid synthetic ingredients in their diet. The organic market is expected to grow significantly over the forecast period owing to its increasing demand across various end-user industries including the food processing industry and the retail sector among others.
Conventional Cocoa Nibs:
Conventional Cocoa Nibs refer to those that come with all sorts of additions like sugar, milk solids, and flavorings - so they can't be called pure chocolate. This category is expected to witness significant gains over the forecast period owing to its increasing usage in various end-user industries such as the food processing industry and retail sector among others.
On the basis of Application, the market is segmented into Retail, Food Processing Industry, and others. The retail segment is expected to witness significant growth owing to the increasing demand for cocoa nibs in various food applications such as chocolate, desserts, biscuits, etc., among other things. On the other hand, the Food Processing industry segment is set to grow at a rapid pace over the forecast period due to its usage of cocoas nibs for different purposes including baking mixes, snack bars, and high-protein foods among others.
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The European market is expected to grow at a faster pace in the future owing to high demand for cocoa nibs from various end-user industries such as Food Processing Industry and the Retail industry.
North America is expected to contribute significantly over the forecast period due to its large population, an increase in chocolate products usage, and substantial growth of the retail sector. In addition, it offers potential opportunities with the presence of advanced production facilities. Latin American market also holds significant growth prospects on account of increased income levels that have led consumers to indulge more in processed snacks than natural ones which have resulted in a higher requirement for Cocoa Nibs across all segments including organic and conventional cocoas nibs. Asia Pacific region presents a lucrative opportunity as countries like India are witnessing rapid economic expansion coupled with a rising preference for chocolate consumption.
Up Market Research published a new report titled “Cocoa Nibs Market research report which is segmented by Types (Organic, Conventional), By Applications (Retail, Food Processing Industry, Others), By Players/Companies Navitas Organics, Adam Vacon, Edica Naturals, Viva Naturals, Sunfood”.
Report Scope
Report Attributes | Report Details |
Report Title | Cocoa Nibs Market Research Report |
By Type | Organic, Conventional |
By Application | Retail, Food Processing Industry, Others |
By Companies | Navitas Organics, Adam Vacon, Edica Naturals, Viva Naturals, Sunfood |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 212 |
Number of Tables & Figures | 149 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
Global Cocoa Nibs Market Report Segments:
The market is segmented by Type Organic, Conventional and By Application Retail, Food Processing Industry, Others.
Some of the companies that are profiled in this report are:
- Navitas Organics
- Adam Vacon
- Edica Naturals
- Viva Naturals
- Sunfood
Cocoa Nibs Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Cocoa Nibs Market
Overview of the regional outlook of the Cocoa Nibs Market:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
Highlights of The Cocoa Nibs Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of Cocoa Nibs Market.
- Historical data and forecast.
- Estimations for the forecast period 2028.
- Developments and trends in the market.
- By Type:
1. Organic
2. Conventional
7. By Application:1. Retail
2. Food Processing Industry
3. Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cocoa Nibs Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
Reasons to Purchase the Cocoa Nibs Market Report:
- The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
- Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
- Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
- The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
- Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cocoa Nibs Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cocoa Nibs Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cocoa Nibs Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cocoa Nibs Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cocoa Nibs Market Size & Forecast, 2018-2028
4.5.1 Cocoa Nibs Market Size and Y-o-Y Growth
4.5.2 Cocoa Nibs Market Absolute $ Opportunity
Chapter 5 Global Cocoa Nibs Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Cocoa Nibs Market Size Forecast by Type
5.2.1 Organic
5.2.2 Conventional
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Cocoa Nibs Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Cocoa Nibs Market Size Forecast by Applications
6.2.1 Retail
6.2.2 Food Processing Industry
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cocoa Nibs Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cocoa Nibs Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Cocoa Nibs Analysis and Forecast
9.1 Introduction
9.2 North America Cocoa Nibs Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Cocoa Nibs Market Size Forecast by Type
9.6.1 Organic
9.6.2 Conventional
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Cocoa Nibs Market Size Forecast by Applications
9.10.1 Retail
9.10.2 Food Processing Industry
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Cocoa Nibs Analysis and Forecast
10.1 Introduction
10.2 Europe Cocoa Nibs Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Cocoa Nibs Market Size Forecast by Type
10.6.1 Organic
10.6.2 Conventional
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Cocoa Nibs Market Size Forecast by Applications
10.10.1 Retail
10.10.2 Food Processing Industry
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Cocoa Nibs Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cocoa Nibs Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Cocoa Nibs Market Size Forecast by Type
11.6.1 Organic
11.6.2 Conventional
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Cocoa Nibs Market Size Forecast by Applications
11.10.1 Retail
11.10.2 Food Processing Industry
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Cocoa Nibs Analysis and Forecast
12.1 Introduction
12.2 Latin America Cocoa Nibs Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Cocoa Nibs Market Size Forecast by Type
12.6.1 Organic
12.6.2 Conventional
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Cocoa Nibs Market Size Forecast by Applications
12.10.1 Retail
12.10.2 Food Processing Industry
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Cocoa Nibs Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cocoa Nibs Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Cocoa Nibs Market Size Forecast by Type
13.6.1 Organic
13.6.2 Conventional
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Cocoa Nibs Market Size Forecast by Applications
13.10.1 Retail
13.10.2 Food Processing Industry
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cocoa Nibs Market: Competitive Dashboard
14.2 Global Cocoa Nibs Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Navitas Organics
14.3.2 Adam Vacon
14.3.3 Edica Naturals
14.3.4 Viva Naturals
14.3.5 Sunfood