Cocoa bean extract is a bitter mixture produced from cocoa beans. It is a concentrated form of cocoa beans. Cocoa bean extract is rich in flavanols, procyanidines, etc. and is used to enhance the flavour of food formulations that contain chocolate.
This report contains market size and forecasts of Cocoa Bean Extract in global, including the following market information:
Global Cocoa Bean Extract Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Cocoa Bean Extract Market Sales, 2017-2022, 2023-2028, (Kilotons)
Global top five Cocoa Bean Extract companies in 2021 (%)
The global Cocoa Bean Extract market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Liquid Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Cocoa Bean Extract include Bioriginal Food & Science, The Green Labs, Kerry Group, Ambe Phytoextracts, PROVA, Haldin, CPC Ingredients, Tharakan and Van Aroma and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Cocoa Bean Extract manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Cocoa Bean Extract Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Kilotons)
Global Cocoa Bean Extract Market Segment Percentages, by Type, 2021 (%)
Liquid
Powder
Global Cocoa Bean Extract Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Kilotons)
Global Cocoa Bean Extract Market Segment Percentages, by Application, 2021 (%)
Food and Beverage Industry
Cosmetics and Personal Care Industry
Pharmaceutical Industry
Others
Global Cocoa Bean Extract Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Kilotons)
Global Cocoa Bean Extract Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Cocoa Bean Extract revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Cocoa Bean Extract revenues share in global market, 2021 (%)
Key companies Cocoa Bean Extract sales in global market, 2017-2022 (Estimated), (Kilotons)
Key companies Cocoa Bean Extract sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Bioriginal Food & Science
The Green Labs
Kerry Group
Ambe Phytoextracts
PROVA
Haldin
CPC Ingredients
Tharakan
Van Aroma
Agro Products & Agencies