New York, January 2022: Axiom Market Research & Consulting™ added a report on global cocoa infusion market which includes study on nature, form, application, distribution channel, and geography. Global Cocoa Infusion Market was projected to grow at a CAGR of 5.25% for the forecast period 2022 to 2028. The global market is estimated and forecasted in terms of revenue (USD Million) generated by the global cocoa infusion market.
The versatile applications of the cocoa infusion and increase in the use of chocolate drink, and in the different end user industries like the food and beverage, confectionary, pharmaceuticals, cosmetics, the cocoa infusion, along with the key role of the cocoa infusion for taste, flavouring and aroma, the increasing population in the different regions for the chocolate have been the factors driving the growth of the global cocoa infusion market during the forecast period.
The report analyses the global cocoa infusion market based on the nature, form, application, distribution channel, and geography. By nature, the global cocoa infusion market is segmented into organic and conventional. By form, the global cocoa infusion market is segmented into powder, beans and nibs, butter, liquor and mass. By application, the global cocoa infusion market is segmented into confectionary, food and beverage, cosmetics, and pharmaceuticals. By distribution channel, the global cocoa infusion market is segmented into B2B and B2C. Based on the geography, the global cocoa infusion market is studied for the regions including North America, Europe, Asia Pacific and Rest of the World.
The organic cocoa has been ideally produced from the organically grown cocoa beans that are hand harvested, stone ground and cold pressed into the different forms. The continuous increase in the demand for the cocoa infusion in the end user expanding industries has been driving the growth of the segment in the global cocoa infusion market during the forecast period.
The factors such as emerging growth of the chocolate industry in the different geographic locations, along with the demand for the cocoa incorporated products has been increasing owing to the different health benefits of cocoa beans has been driving the growth of the segment in the cocoa infusion market during the forecast period.
The factors such as confectionary has been one of the most diverse sector when it comes to the variations in the texture. It has also been unique as the texture and has deliberately been designed by the food technologists for the purpose of meeting the requirements and expectations of the market driving the growth of the segment in the global cocoa infusion market during the forecast period.
The business to business has been offering the business that is conducted between one and another like the retailers and wholesalers, and with the increasing popularity for the cocoa infusion based products in the different end user has been propelling the demand for the distribution channel like the B2B driving the growth of the segment in the global cocoa infusion market during the forecast period.
The increasing demand for the variety of chocolate has certainly fuelling the requirement for the cocoa market and in the European countries, the market has now gained big attention for the cocoa butter and cocoa powder that has increased the requirement in the distribution channel has been driving the growth of the global cocoa infusion market in the region during the forecast period.
The key players in the global cocoa infusion market are Agro Traders Ltd. (Nigeria), Bean & Co. (United Kingdom), NOW Health Group Inc. (US), The Hershey Company (US), Puratos Group (Belgium), Blommer Chocolate Company (US), Cargill Incorporated (US), Meiji Holdings Company, Ltd (Japan), Carlyle Cocoa (US), Jindal Cocoa (India), The Barry Callebaut Group (Switzerland), Hotel Chocolat Ltd. (UK), India Cocoa Private Limited (India), Cookwell (India), Veda oils (India), Lotus Chocolate (India) among others.
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