Global Cocoa-Based Polyphenols Market Grows at a CAGR of 5.7%

Introduction

The levels of polyphenols and antioxidant power in cocoa and its derivatives, such as cocoa liquor, cocoa powder, and chocolates, can vary. The bioavailability of cocoa polyphenols is crucial to their biological action. After intake, monomeric flavonoids and dimeric and trimeric procyanidins have been found in human plasma. Numerous studies have been undertaken on the health benefits of cocoa and cocoa products, emphasizing degenerative disorders. Most of the earliest investigations on the health benefits of cocoa polyphenols were in clinical trials on humans.

Market Dynamics

Increasing Consumer Consciousness of Health Benefits and Huge Chocolate Candy Market Drives the Global Market

Micronutrients and phytochemicals possess antioxidant properties, and polyphenols are phytochemicals. These products offer a variety of health benefits connected to the prevention of cardiovascular diseases, cancer, diabetes, neurological disorders, aging, and skin-related ailments. The market for polyphenols is anticipated to grow primarily within the functional food industry. Growing consumer awareness of polyphenol consumption's health benefits is expected to boost market expansion positively. Consumers choose beverages containing vitamins, minerals, probiotics, and other compounds that improve the immune system. These beverages promote the immune-boosting properties of ingredients like ginger and turmeric to attract customers. These factors have driven the market for functional meals and beverages that improve the immune system.

The increased demand for chocolate confections primarily drives the global cocoa and chocolate market. The rising demand for molded and countline chocolates in developed nations is projected to positively affect the chocolate confectionery market. It is anticipated that adding additional types, such as black and ruby chocolate, to the product ranges of the industry's leading manufacturers will promote industry growth.

High Nutritional Content in Cocoa Creates Tremendous Opportunities

Due to its high polyphenol content, cocoa has recently been demonstrated to be advantageous in the context of dietary supplements. Users taking supplements containing polyphenols derived from cocoa report advantages like a drop in blood pressure and an increase in insulin sensitivity. As a result, the demand for cocoa-based polyphenols, which are used in dietary supplements or foods meant to be nutritious, has increased.

Regional Analysis

Asia-Pacific dominates the cocoa-based polyphenols market and is attributable to consumers' increased understanding of the health benefits of plant-based foods, which has led to a surge in demand for plant-based foods. This significant component is anticipated to pave the way for cocoa-based polyphenols in value sales in the Asia-Pacific region, particularly in India, China, Australia, and Indonesia, during the forecast period.

Key Highlights

• The global cocoa-based polyphenols market size was valued at USD 82.10 billion in 2021. It is projected to reach USD 135.21 billion by 2030, growing at a CAGR of 5.7% during the forecast period (2022–2030).
• Based on applications, the market is divided into functional foods, functionalbeverages, and dietary supplements.The functional beverages sector dominates the cocoa-based polyphenols market due to a considerable increase in beverage firms focusing on cardiovascular protection.
• Asia-Pacific dominates the cocoa-based polyphenols market and is attributable to consumers' increased understanding of the health benefits of plant-based foods, which has led to a surge in demand for plant-based foods.

Competitive Players

Competitive Players in the Global Cocoa-Based Polyphenols Market:

The global cocoa-based polyphenolsmarket’s major key players are ADM; Barry Callebaut; Kemin Industries; Mars Incorporated; Naturex S.A; Nutra Ingredients Limited; Polyphenols AS; Ajinomoto NaturalSpecialities; Sabinsa; BERKEM; and Diana Food.

Recent Developments

Market News

• In June 2022, As Demand for Renewable Diesel Grows, ADM, Marathon Petroleum Corp., and North Dakota Celebrate the Groundbreaking of the Green Bison Production Facility.
• In May 2022, Barry Callebaut opens new CHOCOLATE ACADEMY™ Center in Casablanca, Morocco.
• In May 2022, Barry Callebaut established Farm of the Future to power cocoa farming research and innovation.
• In June 2022, Kemin Food Technologies - Asia Introduces Antimicrobial Disinfectant Solutions KEEPER and OXINE.

Segmentation

Global Cocoa-Based Polyphenols Market: Segmentation

By Applications

• Functional Foods
• Functional Beverages
• Dietary Supplements

By Regions

• North America
• Europe
• Asia-Pacific
• LAMEA