Europe Cocoa Derivatives Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Cocoa Butter, Cocoa Beans, Cocoa Powder, and Others), Category (Organic and Conventional), and Application [Food and Beverages (Bakery and Confectionery, Dairy and Frozen Desserts, Beverages, and Other Food and Beverages), Personal Care, and Other]
The Europe cocoa derivatives market is expected to grow from US$ 10,670.46 million in 2022 to US$ 14,331.79 million by 2028; it is estimated to grow at a CAGR of 5.0% from 2022 to 2028.
Clean-Label Products
Clean-label products and growing attention toward clear labeling are the two major trends in the Europe that benefit the cocoa derivative market. An understandable and clear label with thorough ingredient information attract consumer to buy products. For example, companies’ claim of natural fruit/vegetable content in the product on the front side of the packaging may attract a large number of consumers. Further, manufacturers are refraining from the use of chemical additives such as emulsifiers and preservatives in cocoa products. Many companies use sunflower lecithin, a healthier and cleaner ingredient in their products, which helps them meet clean-label criteria.
With the rising demand for clean-label products, manufacturers are launching different clean-label cocoa-based products. For instance, in September 2019, Barry Callebaut AG launched its clean-label cocoa powder derived from chicory root fibers. Additionally, the company has launched a cocoa powder named Bensdorp Clean, which is formulated using baking soda instead of alkalizing agents, which signifies the brand’s clean label.
Europe Cocoa Derivatives Market Overview
The cocoa derivatives market in Europe is segmented into Germany, France, Italy, the UK, Spain, and the Rest of Europe. The market growth in the region is attributed to the increasing popularity of gourmet chocolates among Europeans. Hence, different high-end chocolate brands have extensively been looking for ways to differentiate their products, along with focusing on sourcing single-estate products. Thus, the demand for high-quality cocoa and single-origin cocoa flavors is on the rise in the region. For instance, Valrhona Inc., the world's finest chocolate producer based in France, has been harvesting cocoa beans from Maria Trinidad Sanchez, a single-origin cocoa estate from Europe to provide customers with a uniform flavor and quality. With these developments, consumers in European countries are seeking more high-quality and single-origin cocoa-based derivatives. The demand for “bean-to-bar” chocolates is on the rise in Europe. Bean-to-bar manufacturers control every step of the production process, from buying cocoa beans to creating chocolate bars. Blanxart (Spain), Georgia Ramon (Germany), Heinde & Verre (Netherlands), Domori (Italy), and Zotter (Austria), are the major bean-to-bar players operating in Europe.
Europe Cocoa Derivatives Market Revenue and Forecast to 2028 (US$ Million)
Europe Cocoa Derivatives Market Segmentation
The Europe cocoa derivatives market is segmented based on type, category, application, and country. Based on type, the Europe cocoa derivatives market is segmented into cocoa butter, cocoa beans, cocoa powder, and others. The cocoa beans segment held the largest market share in 2022.
Based on category, the Europe cocoa derivatives market is bifurcated into organic and conventional. The conventional segment held a larger market share in 2022.
Based on application, the Europe cocoa derivatives market is segmented into food and beverages, personal care, and other. The food and beverages segment held the largest market share in 2022. Further, food and beverages are segmented into bakery and confectionery, dairy and frozen desserts, beverages, and others.
Based on country, the Europe cocoa derivatives market is segmented into Germany, the UK, France, Italy, Russia, and the Rest of Europe. The Rest of Europe dominated the Europe cocoa derivatives market share in 2022.
Olam Group Ltd; Indcre SA; Cargill Inc; Natra SA; JB Foods Ltd; United Cocoa Processor Inc.; Barry Callebaut AG; Moner Cocoa SA; and Altınmarka Gıda San. ve Tic. A.Ş. are the leading companies operating in the Europe cocoa derivatives market.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Europe Cocoa Derivatives Market, by Type
1.3.2 Europe Cocoa Derivatives Market, by Category
1.3.3 Europe Cocoa Derivatives Market, by Application
1.3.4 Europe Cocoa Derivatives Market, by Country
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Europe Cocoa Derivatives Market Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Intensity of Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers:
4.3.2 Manufacturers:
4.3.3 Distributors or Suppliers:
4.3.4 End Use Industry:
4.4 Expert Opinion
5. Europe Cocoa Derivatives Market — Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Demand for Cocoa-Based Confectioneries
5.1.2 Deployment of Cocoa as Sustainable Beauty Ingredient in Cosmetics Industry
5.2 Market Restraints
5.2.1 Fluctuations in Costs of Cocoa
5.3 Opportunities
5.3.1 Rising Demand for Organic and Fairtrade Cocoa Derivatives
5.4 Future Trends
5.4.1 Clean-Label Products
5.5 Impact Analysis
6. Cocoa Derivatives – Europe Market Analysis
6.1 Europe Cocoa Derivatives Market –Revenue and Forecast to 2028 (US$ Million)
7. Europe Cocoa Derivatives Market Analysis – By Type
7.1 Overview
7.2 Cocoa Derivatives Market, By Type (2021 and 2028)
7.3 Cocoa Butter
7.3.1 Overview
7.3.2 Cocoa Butter: Cocoa Derivatives Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Cocoa Beans
7.4.1 Overview
7.4.2 Cocoa Beans: Cocoa Derivatives Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Cocoa Powder
7.5.1 Overview
7.5.2 Cocoa Powder: Cocoa Derivatives Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: Cocoa Derivatives Market – Revenue and Forecast to 2028 (US$ Million)
8. Europe Cocoa Derivatives Market Analysis – By Category
8.1 Overview
8.2 Cocoa Derivatives Market, By Category (2021 and 2028)
8.3 Organic
8.3.1 Overview
8.3.2 Organic: Cocoa Derivatives Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Conventional
8.4.1 Overview
8.4.2 Conventional: Europe Cocoa Derivatives Market – Revenue and Forecast to 2028 (US$ Million)
9. Europe Cocoa Derivatives Market Analysis – By Application
9.1 Overview
9.2 Cocoa Derivatives Market, By Application (2021 and 2028)
9.3 Food and Beverages
9.3.1 Overview
9.3.2 Food and Beverages: Cocoa Derivatives Market – Revenue and Forecast to 2028 (US$ Million)
9.3.3 Bakery & Confectionery
9.3.3.1 Overview
9.3.4 Dairy & Frozen Desserts
9.3.4.1 Overview
9.3.5 Beverages
9.3.5.1 Overview
9.3.6 Others
9.3.6.1 Overview
9.4 Personal Care
9.4.1 Overview
9.4.2 Personal Care: Cocoa Derivatives Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Others
9.5.1 Overview
9.5.2 Others: Cocoa Derivatives Market – Revenue and Forecast to 2028 (US$ Million)
10. Europe Cocoa Derivatives Market – by Country Analysis
10.1 Europe: Cocoa Derivatives Market
10.1.1 Europe: Cocoa Derivatives Market, by Key Country
10.1.1.1 Germany: Cocoa Derivatives Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 Germany: Cocoa Derivatives Market, By Type
10.1.1.1.2 Germany: Cocoa Derivatives Market, by Category
10.1.1.1.3 Germany: Cocoa Derivatives Market, by Application
10.1.1.2 UK: Cocoa Derivatives Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 UK: Cocoa Derivatives Market, By Type
10.1.1.2.2 UK: Cocoa Derivatives Market, by Category
10.1.1.2.3 UK: Cocoa Derivatives Market, by Application
10.1.1.3 France: Cocoa Derivatives Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 France: Cocoa Derivatives Market, By Type
10.1.1.3.2 France: Cocoa Derivatives Market, by Category
10.1.1.3.3 France: Cocoa Derivatives Market, by Application
10.1.1.4 Italy: Cocoa Derivatives Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 Italy: Cocoa Derivatives Market, By Type
10.1.1.4.2 Italy: Cocoa Derivatives Market, by Category
10.1.1.4.3 Italy: Cocoa Derivatives Market, by Application
10.1.1.5 Russia: Cocoa Derivatives Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.5.1 Russia: Cocoa Derivatives Market, By Type
10.1.1.5.2 Russia: Cocoa Derivatives Market, by Category
10.1.1.5.3 Russia: Cocoa Derivatives Market, by Application
10.1.1.6 Rest of Europe: Cocoa Derivatives Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.6.1 Rest of Europe: Cocoa Derivatives Market, By Type
10.1.1.6.2 Rest of Europe: Cocoa Derivatives Market, by Category
10.1.1.6.3 Rest of Europe: Cocoa Derivatives Market, by Application
11. Industry Landscape
11.1 Product launch
11.2 Expansion
12. Company Profiles
12.1 Olam Group Ltd
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Indcre SA
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Cargill Inc
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Natra SA
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 JB Foods Ltd
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 United Cocoa Processor Inc
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Barry Callebaut AG
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Moner Cocoa SA
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Altnmarka Gda San. ve Tic. A..
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. Europe Cocoa Derivatives Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. Germany Cocoa Derivatives Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 3. Germany Cocoa Derivatives Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 4. Germany Cocoa Derivatives Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 5. Germany Cocoa Derivatives market, by Food and Beverages – Revenue and Forecast to 2028 (USD Million)
Table 6. UK Cocoa Derivatives Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. UK Cocoa Derivatives Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 8. UK Cocoa Derivatives Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 9. United Kingdom Cocoa Derivatives market, by Food and Beverages – Revenue and Forecast to 2028 (USD Million)
Table 10. France Cocoa Derivatives Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 11. France Cocoa Derivatives Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 12. France Cocoa Derivatives Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 13. France Cocoa Derivatives market, by Food and Beverages – Revenue and Forecast to 2028 (USD Million)
Table 14. Italy Cocoa Derivatives Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 15. Italy Cocoa Derivatives Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 16. Italy Cocoa Derivatives Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 17. Italy Cocoa Derivatives market, by Food and Beverages – Revenue and Forecast to 2028 (USD Million)
Table 18. Russia Cocoa Derivatives Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 19. Russia Cocoa Derivatives Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 20. Russia Cocoa Derivatives Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 21. Russian Federation Cocoa Derivatives market, by Food and Beverages – Revenue and Forecast to 2028 (USD Million)
Table 22. Rest of Europe Cocoa Derivatives Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 23. Rest of Europe Cocoa Derivatives Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 24. Rest of Europe Cocoa Derivatives Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 25. Rest of Europe Cocoa Derivatives market, by Food and Beverages – Revenue and Forecast to 2028 (USD Million)
Table 26. Glossary of Terms, Cocoa Derivatives Market
LIST OF FIGURES
Figure 1. Europe Cocoa Derivatives Market Segmentation
Figure 2. Europe Cocoa Derivatives Market Segmentation: By Country
Figure 3. Europe Cocoa Derivatives Market Overview
Figure 4. Europe Cocoa Derivatives Market, By Category
Figure 5. Europe Cocoa Derivatives Market, by Country
Figure 6. Europe Porter's Five Forces Analysis
Figure 7. Europe Ecosystem: Cocoa Derivatives Market
Figure 8. Europe Expert Opinion
Figure 9. Europe Cocoa Derivatives Market Impact Analysis of Drivers and Restraints
Figure 10. Europe Cocoa Derivatives Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. Europe Cocoa Derivatives Market Revenue Share, By Type (2021 and 2028)
Figure 12. Cocoa Butter: Europe Cocoa Derivatives Market – Revenue and Forecast To 2028 (US$ Million)
Figure 13. Cocoa Beans: Europe Cocoa Derivatives Market – Revenue and Forecast To 2028 (US$ Million)
Figure 14. Cocoa Powder: Europe Cocoa Derivatives Market – Revenue and Forecast To 2028 (US$ Million)
Figure 15. Others: Europe Cocoa Derivatives Market – Revenue and Forecast To 2028 (US$ Million)
Figure 16. Europe Cocoa Derivatives Market Revenue Share, By Category (2021 and 2028)
Figure 17. Organic: Europe Cocoa Derivatives Market – Revenue and Forecast To 2028 (US$ Million)
Figure 18. Conventional: Europe Cocoa Derivatives Market – Revenue and Forecast To 2028 (US$ Million)
Figure 19. Europe Cocoa Derivatives Market Revenue Share, By Application (2021 and 2028)
Figure 20. Food and Beverages: Europe Cocoa Derivatives Market – Revenue and Forecast To 2028 (US$ Million)
Figure 21. Personal Care: Europe Cocoa Derivatives Market – Revenue and Forecast To 2028 (US$ Million)
Figure 22. Others: Europe Cocoa Derivatives Market – Revenue and Forecast To 2028 (US$ Million)
Figure 23. Europe: Cocoa Derivatives Market, by Key Country – Revenue (2021) (US$ Million)
Figure 24. Europe: Cocoa Derivatives Market Revenue Share, by Key Country (2021 and 2028)
Figure 25. Germany: Cocoa Derivatives Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. UK: Cocoa Derivatives Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. France: Cocoa Derivatives Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Italy: Cocoa Derivatives Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Russia: Cocoa Derivatives Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Rest of Europe: Cocoa Derivatives Market – Revenue and Forecast to 2028 (US$ Million)
- Olam Group Ltd
- Indcre SA
- Cargill Inc
- Natra SA
- JB Foods Ltd
- United Cocoa Processor Inc.
- Barry Callebaut AG
- Moner Cocoa SA
- Alt?nmarka G?da San. ve Tic. A.?.
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe cocoa derivatives market.
- Highlights key business priorities in order to assist companies to realign their business strategies
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- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the Europe cocoa derivatives market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution