Published by Wanda Rich
Posted on March 24, 2025
Application of Cocoa Ingredients Growing in Pharmaceutical Products for Heart Health and Digestive Issues: Fact.MR Report
According to a new research report released by Fact.MR, the global chocolate ingredient market is projected to reach a size of US$ 16.8 billion in 2024 and advance further at a CAGR of 3.5% from 2024 to 2034.
The growing popularity of chocolates for gifting purposes has led to the need for healthier ingredients and creative packaging. Demand for chocolate is increasing steadily due to its popularity in bakery and confectionery applications. Cocoa ingredients are increasingly being used in pharmaceuticals to treat heart health and digestive issues. Cocoa is commonly also used in toiletries due to its flavor and scent. The growing and widespread use of cocoa is a key driver of the global chocolate ingredient market. Chocolates are widely used in a variety of sectors, including bakery and confectionery.
Global demand for various cocoa-based products is set to rise, resulting in steady growth in the cocoa industry over the next few years. Due to the growing popularity of chocolate and the rising production of cocoa, it is expected that the chocolate ingredient market will expand at a steady pace over the coming years, with North America, East Asia, and Europe remaining key regional markets.
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Key Takeaways from the Market Study:
“Growing number of health-conscious consumers is positively influencing demand for chocolate ingredients, particularly those with health benefits,”says a Fact.MR analyst.
Role of Polyphenols in Cocoa in Reducing Risk of Neurodegenerative Diseases
Several studies have discovered that polyphenols such as those found in cocoa reduce the risk of neurodegenerative diseases by improving brain function and blood flow. Flavanols can cross the blood-brain barrier and participate in biochemical pathways that produce neurons and other molecules required for brain function. Furthermore, flavanols influence nitric oxide production, which relaxes the muscles of your blood vessels, increasing blood flow and supply to the brain.
Chocolate Ingredient Industry News:
Key players in the chocolate ingredient industry are strengthening their presence in both the mainstream cocoa and chocolate industries while expanding into the premium market segment. Major processors and manufacturers are diversifying their product portfolios and enhancing market engagement through mergers and acquisitions, all while optimizing production costs through scale efficiency. For instance, Barry Callebaut, a global manufacturer of high-quality chocolate and cocoa products, announced in April 2022 its plans to build a new specialty chocolate factory in Ontario, Canada, to expand its North American footprint. Similarly, Archer Daniels Midland Company (ADM) acquired Deerland Probiotics & Enzymes in November 2021, reinforcing its innovation leadership in dietary supplements and functional foods. Additionally, in the same month, The Ferrero Group finalized an agreement to acquire the remaining shares of Ice Cream Factory Comaker (ICFC) and its related group companies, further strengthening its position in the ice cream manufacturing sector.
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Leading Players Driving Innovation in the Chocolate Ingredient Market:
Key industry participants like The Hershey Company; Ferrero SPA; Ecom Cocoa; Guan Chong Berhad; Blommer; Mondelez; Cemoi; Puratos; Guittard; JB Cocoa; Barry Callebaut; Cargill Incorporated; Olam; Petra Foods Cocoa Ingredients; Nestle S.A.; Puratos Group etc. are driving the chocolate ingredient industry.
More Valuable Insights on Offer:
Fact.MR, in its new offering, presents an unbiased analysis of the chocolate ingredient market for 2019 to 2023 and forecast statistics for 2024 to 2034.
The study details the chocolate ingredient marketbased onproduct (cocoa butter, cocoa powder, cocoa liquor), application (food & beverages, pharmaceuticals, nutraceuticals, cosmetics & personal care), and distribution channel (traditional trade, modern trade, industrial, foodservice), across seven major regions of the world (North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia & Pacific, and MEA).
Check out More Related Studies Published by Fact.MR Research:
Dark chocolate market is expanding from an estimated $69.97 billion in 2024 to a colossal $140.25 billion by 2034.
Candy & chocolate manufacturing market is estimated to reach a value of US$ 245.97 billion in 2024 and is forecasted to expand at a CAGR of 2.4% to reach US$ 313.33 billion by 2034.
Cocoa market is US$ 48.3 billion in 2022, which is projected to reach US$ 79 billion by 2032-end, increasing at a CAGR of 5% between 2022 and 2032.
Industrial chocolate market is estimated to be valued at US$ 62.4 billion in 2023 and reach US$ 97 billion by 2033, expanding at a CAGR of 4.5% from 2023 to 2033.
Confectioneries market is US$ 301 billion in 2023. Sales of confectionery items are estimated to reach a value of US$ 474 billion by 2033-end, increasing at a CAGR of 4.6% over the next ten years.
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