The global Cocoa Nibs Market Size research report offers the definition, market shares, drivers, restraints, opportunities, and challenges in an voluminous format. On the basis of Type, the market is further categorized into based on the regions, the market is distributed into Asia Pacific, Europe, North America, Latin America, and the Middle East and Africa. This markets competitive manufactures and the upcoming manufactures are studied with their research. Revenue, production, price, market share of these players is mentioned with detailed information.
Cocoa Nibs Market study offers an exhaustive summary of the vendor landscape, competitive analysis, and key strategies to gain ruthless advantage. Cocoa Nibs Market Forecast provides sizing and growth opportunities. It provides comprehensive insights on the latest industry trends, forecast, and growth drivers in the market. it also includes a detailed analysis of growth drivers, challenges, and investment opportunities and delivers a complete overview of segments and the regional outlook of the market.
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The global cocoa nibs market size is projected to reach USD 1.99 billion by 2027 and is registering a 7.9% CAGR over the forecast period from 2020 to 2027, according to new report by Million Insights. Increasing usage of cocoa nibs in the food & beverage industry due to its chocolaty and nutty flavor along with its nutritional properties is expected to drive the market growth during the forecast period. In addition, rising application of these nibs in frozen desserts & beverages like coffees and smoothies is opening new avenues for market growth.
Moreover, growing adoption of cocoa nibs in crushed form for bakery, dessert and confectionery is projected to surge the market growth over the forecast period. Rising awareness regarding the health benefits of this product is also playing a vital role in boosting the product demand.
The household segment is projected to grow with the highest CAGR of 8.1% during the forecast period, from 2020 to 2027. Rich and nutritious flavored products is gaining traction among consumers. Therefore, consumers are widely using cocoa nibs in making flavored milk, smoothies, cakes and also consume like snacks.
In 2019, North America held the largest cocoa nibs market share and accounted for over 30.0% in terms of revenue. In addition, in the U.S., consumers are shifting towards organic and natural products, which is projected to propel the demand for cocoa nibs in this region.
Table of Contents:-
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Cocoa Nibs: Market Variables, Trends & Scope
Chapter 4 Cocoa Nibs: Product Estimates & Trend Analysis
Chapter 5 Cocoa Nibs: Application Estimates & Trend Analysis
Chapter 6 Cocoa Nibs: End-use Estimates & Trend Analysis
Chapter 7 Cocoa Nibs: Industrial End-use Estimates & Trend Analysis
Chapter 8 Cocoa Nibs: Regional Estimates & Trend Analysis
Chapter 9 Competitive Landscape
Chapter 10 Cocoa Nibs: Manufacturers Company Profiles
List of Key Players of Cocoa Nibs Market :-
• United Cocoa Processor, Inc.
• Navitas Organics
• Cocoa Family Farms
• Sunfood
• Viva Naturals
• NOW Foods
• Fine Cocoa Products Corporation
• Urban Platter
• BMV International
• Barry Callebaut AG
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