The Global Cocoa Based Polyphenols market is expected to register an impressive growth rate of 5.8% during the forecast years 2022 to 2032. The size of the cocoa-based polyphenols market will reach a valuation of approximately US$153.2 billion by the end of 2032, from the current valuation of US$87.1 billion in 2022.
Consumption of polyphenols improves health and is also very effective for weight control, which increases their need in different age groups. Recent developments in the cocoa-based industry have highlighted the benefits of cocoa in nutritional products due to its high polyphenol content.
These beverages are often characterized as having powerful immune-stimulating properties. The introduction of ingredients like cocoa-based polyphenols to attract consumers has made the current market very lucrative for growth.
Cocoa-Based Polyphenols Market Players have also increased demand by emphasizing the commercialization of Cocoa-Based Polyphenols in the global markets.
Consumers’ increased concern for their overall health and well-being as a result of the COVID-19 pandemic has led them to seek healthier food and drink alternatives to boost their immune systems. Because of this, market acceptance trends for cocoa-based polyphenols, alongside other healthier alternatives, have seen a tremendous upswing in the years following the outbreak of the pandemic.
Market Players Manufacturers of cocoa-based polyphenols must seek approvals for their products to ensure that they meet health and environmental standards, which are major hurdles for them.
Cocoa-Based Polyphenols Market by Segmentation
- Functional Foods
- Functional Beverages
- Dietary Supplements
- North America
- Latin America
- East Asia
- South Asia
- the Middle East and Africa
ADM, Barry Callebaut, Kemin Industries, Mars, Incorporated, Naturex S.A, Nutra Ingredients Limited, Polyphenols AS, Ajinomoto Natural Specialties, Sabinsa, BERKEM, and Diana Food are just some of the major players in the industry.
These companies are among the key players in the cocoa-based polyphenols market, serving the growing demand from a variety of end-use sectors, including the food and beverage, healthcare, personal care, and pharmaceutical industries.