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The global Cocoa Powder market was valued at US$ 4488.4 million in 2022 and is projected to reach US$ 5543.6 million by 2029, at a CAGR of 3.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The cocoa tree (Theobroma cacao), grows in the tropics about 20 degrees north and south of the Equator. It can be found in areas of West Africa, Latin America, South Korea and Southeast Asia. You can use the cocoa cake as a raw material to grind and alkalize into various types of cocoa powder. Cocoa powders range from the natural type, and from the light, medium and strongly alkalized types, to ultimately different kinds of red and black colours.
This report aims to provide a comprehensive presentation of the global market for Cocoa Powder, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Cocoa Powder. This report contains market size and forecasts of Cocoa Powder in global, including the following market information:

• Global Cocoa Powder Market Revenue, 2018-2023, 2024-2029, ($ millions)
• Global Cocoa Powder Market Sales, 2018-2023, 2024-2029, (K MT)
• Global top five Cocoa Powder companies in 2022 (%)

Cocoa powder industry is highly mature. Currently, there are many producing companies in the Cocoa powder industry. Of the manufactures, Olam Cocoa, Barry Callebaut and JB Foods Limited captured the top three market share spots in the Cocoa powder market in 2019. Among them, Olam Cocoa dominated the market, which occupied 24.66% global revenue market share in 2019.
We surveyed the Cocoa Powder manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Cocoa Powder Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Cocoa Powder Market Segment Percentages, by Type, 2022 (%)

• Natural Cocoa Powder
• Alkalized/Dutch-process Cocoa Powder

Global Cocoa Powder Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)

Global Cocoa Powder Market Segment Percentages, by Application, 2022 (%)

• Chocolate
• Beverage & Dairy
• Desserts, Baking and Biscuit
• Others

Global Cocoa Powder Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Cocoa Powder Market Segment Percentages, By Region and Country, 2022 (%)

• North America (United States, Canada, Mexico)
• Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
• The Middle East and Africa (Middle East, Africa)
• South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Cocoa Powder revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Cocoa Powder revenues share in global market, 2022 (%)
Key companies Cocoa Powder sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Cocoa Powder sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:

• Olam Cocoa
• Cargill
• Barry Callebaut
• Plot Ghana
• Dutch Cocoa
• Cocoa Processing Company Limited
• Indcresa
• Blommer
• JB Foods Limited

Outline of Major Chapters:

• Chapter 1: Introduces the definition of Cocoa Powder, market overview.
• Chapter 2: Global Cocoa Powder market size in revenue and volume.
• Chapter 3: Detailed analysis of Cocoa Powder manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
• Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
• Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
• Chapter 6: Sales of Cocoa Powder in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
• Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
• Chapter 8: Global Cocoa Powder capacity by region & country.
• Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
• Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
• Chapter 11: The main points and conclusions of the report.