Cocoa Nibs are simply chocolate in its purest form. Cocoa Nibs are dried and fermented bits of cocoa beans. The texture of cocoa nibs are similar to that of roasted coffee beans. Cocoa nibs have a deep chocolate flavor which can be described as slightly bitter and nutty. Raw cacao nibs are the less processed version of chocolate with no unhealthy additives, so they preserve all the nutrients of the natural cacao bean. Cacao nibs are an excellent source of antioxidants, fiber, iron and magnesium. Consumption of Cocoa nibs have several health benefits such as stabilizing blood sugar, improving insulin sensitivity, anti-depression agent, reducing risk of cardiovascular disease, cancer, and other chronic conditions.
Due to the COVID-19 pandemic, the global Cocoa Nibs market size is estimated to be worth US$ million in 2021 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Cocoa Nibs market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Cocoa Nibs landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
Over past five years, there is rise in consumption of cocoa oriented products which is attributed to health benefits associated with the consumption of the product. Cocoa and chocolate products have recently attracted the attention of many investigators and the general consuming public because of their potential nutritional, medicinal and mystical properties. As a result, the rise in consumption rate of cocoa products help drive the demand for cocoa nibs in the global market.
This report focuses on Cocoa Nibs volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Cocoa Nibs market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, etc.
Global Cocoa Nibs Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Organic
Conventional
Segment by Application
Retail
Food Processing Industry
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Navitas Organics
Adam Vacon
Edica Naturals
Viva Naturals
Sunfood