Cocoa Nibs Market Current Global Scenario and Forecast to 2025
Research Reports
Jan 15, 2021
Market Overview
Global Cocoa Nibs Market is expected to grow at a strong 4.67% CAGR over the forecast period from 2020 to 2025, according to the latest research report from Market Research Future (MRFR). The global cocoa nibs market is expected to reach a valuation of USD 1.3 billion by 2025. The research report profiles the global cocoa nibs market in great detail and provides readers with a comprehensive overview of the market.
The report also profiles the leading players in the global cocoa nibs market and gives readers a comprehensive analysis of the leading players in the global cocoa nibs market. The report also profiles the major drivers and restraints affecting the global cocoa nibs market. The factors making the market tick and those holding the market back are studied in detail in the report. The impact of the COVID-19 pandemic on the cocoa nibs market is also assessed in the report. Cocoa nibs are produced from the Theobroma cacao tree and have a bitter, chocolatey flavor. This leads to their growing demand, as the taste of cocoa nibs is highly agreeable and pleasant. Apart from their taste, cocoa nibs are also valued for their high nutrition value, as they are full of antioxidants.
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Competitive Leaderboard
Leading players in the Global Cocoa Nibs Market Include United Cocoa Processor Inc., Nutrisure Ltd., Navitas LLC, Viva Naturals, Sunfood Corporation, Fine Cocoa Products Corporation, NOW Health Group Inc., Santa Barbara Chocolate, Cocoa Family Farms, and Barry Callebaut AG.
Segmentation
Global Cocoa Nibs Market is segmented on the basis of Category and Region. By category, the global cocoa nibs market is segmented into organic and conventional. The conventional segment holds the largest share in the global cocoa nibs market and is likely to dominate over the forecast period due to the ease of growing cacao trees in the conventional manner. However, the organic category is likely to grow at a robust growth rate over the forecast period, as the demand for organic agricultural produce is likely to grow over the forecast period.
Regional Analysis
Europe holds the dominant share in the global cocoa nibs market due to the growing presence of chocolate makers in the region. The strong presence of several major players in the region is likely to be a major driver for the cocoa nibs market in Europe over the forecast period.
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NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.
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