The global cocoa powder market size accounted for USD 2,672 million in 2024 and is predicted to touch around USD 3,584 million by 2034, growing at a CAGR of 2.98% from 2024 to 2034.
Cocoa powder is also known as the unsweetened chocolate powder which is used in the different types of shakes and making deserts. Cocoa powder is obtained from the coco fats which also known as the cocoa butter which is removed from the cocoa at the time of processing and the remaining dried solid which ground into the powder which is known as the cocoa powder. The rising interest of chocolate drinks, deserts like cakes, and low sweetened chocolate in the people is driving the growth of the cocoa powder market.
The increasing consumption of the cocoa knowing its health benefits such as higher presence of antioxidants, flavonoids, and reducing the heart relates issues over the population and the increasing demand for the cocoa powder from the leading food and beverages industry are collectively driving the growth of the market. The continuous development of the chocolate manufacturing industry owing to the rising demand for the different flavored chocolates by the population and the increasing demand for the chocolate from the United States and European countries are driving the growth of the market.
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| Stats ID: | 7710 |
| Format: | Databook |
| Published: | January 2025 |
| Delivery: | Immediate |
| Price | US$ 1550 |
| Stats ID: | 7710 |
| Format: | Databook |
| Published: | January 2025 |
| Delivery: | Immediate |
| Price | US$ 1550 |
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