Cocoa Fiber Market Size, Share, and Industry Analysis, By Type (Conventional and Organic), By Application (Food & Beverage, Pharmaceuticals, Personal Care & Cosmetics, and Animal Feed), and Regional Forecast, 2024-2032

Cocoa fiber, a byproduct of cocoa manufacturing, is a dietary fiber that is used as an ingredient in various end-use industries. This fiber is recognized as an effective tool to fulfil the consumer’s fiber criteria and also provides several benefits to human health. For instance, this fiber helps in aiding stable blood sugar and blood pressure and is also capable of promoting the feeling of satiety. This versatility of fiber in improving the nutritional profile of numerous food items makes it one of the preferred choices among producers. Major factors responsible for the growth of the market include increasing emphasis on better-for-you food and growing demand for functional beverages and food.

Nowadays, due to the hectic lifestyle, the majority of consumers are trying to balance their work-life schedule and are prioritizing products that impart nutritional advantages. As a result, this demand strengthens the acceptability rate of cocoa fiber in edibles. Primarily, cocoa fiber is applicable in the bakery & confectionery industry, where it acts as a bulking agent and improves the fiber content of the end product. Out of all the confectionery items, this fiber is mainly preferred in dark chocolates and low-fat baked goods. Also, the use of cocoa fiber eliminates the requirement for stabilizers and emulsifiers and is increasingly used in chocolate bases, energy bars, and coatings, which further drives its demand. Thus, prominent players should capitalize on this trend and also encourage startups to increase their production base of cocoa fiber.

Along with its use in the food sector, cocoa fiber also finds its existence in pharmaceuticals and is used as a dietary supplement that promotes digestive well-being. Also, its fiber helps in balancing cardiovascular diseases and high cholesterol. Furthermore, it is used in the skincare industry, where it is helpful in avoiding skin aging and enhances skin complexion as it is rich in flavonoids.

Key Insights

The report covers the following key insights:

• Overview of the Parent/Related Market


• Supply Chain and Regulatory Analysis


• Impact of COVID-19 on the Global Cocoa Fiber Market


• Recent Key Industry Developments

Segmentation

Analysis by Nature 

On the basis of nature, the market is distributed into conventional and organic. Out of both, the conventional segment leads in the market due to its easy affordability and availability. This cocoa fiber is produced via conventional farming practices and is readily available at retailers/wholesalers across the market. Moreover, the surge in consumer preferences for healthier food options and reduced cost of production as compared to organic methods, triggers the sales of conventional cocoa fiber.

The organic segment emerged as the fastest-growing segment and is expected to hold a prominent position in the coming years. Organic cocoa fiber is manufactured without using genetically modified organisms (GMOs) and synthetic pesticides and chemicals, making it an eco-friendly and healthier option.

Analysis by Application

On the basis of application, the market is distributed into food & beverage, pharmaceuticals, personal care & cosmetics, and animal feed. Among all, the food & beverage segment held the foremost position in terms of value. In today’s time, cocoa fiber is gaining importance in the bakery industry, where it is utilized in the maximum amount. Since this fiber is not chemically processed, its popularity as natural fiber is widely increasing. Moreover, to maintain the appropriate balance between indulgence and health, especially bakers are swapping cocoa powder with cocoa fiber in bakery products. Also, its bulking property and inexpensive nature are useful in replacing sugar content in chocolates. In the beverage industry, this fiber is used to enhance the quality of sports drinks and other functional drinks.

The pharmaceuticals segment is likely to be in the second position in the market due to the growing consumer demand for dietary supplements. The need for maintaining health via sustainable products is fueling the demand for cocoa fiber in the pharma sector.

Regional Analysis

On the basis of geographical region, the market is distributed into North America, Europe, Asia Pacific, South America, and Middle East & Africa. Out of all, the North American region is expected to expand significantly in the global cocoa fiber market. The regional demand for natural fiber is soaring due to growth in the popularity of plant-based diets and the well-established chocolate industry. Also, the trend of healthy snacking and the flourishing food & beverage sector offer lucrative opportunities for manufacturers to launch novel products composed of cocoa fiber.

Europe will emerge as the fastest-growing region, owing to the strict regulations pertaining to food quality in the European food industry. Also, the evolving movement of healthy eating and the expanding cosmetic industry can also increase the demand for cocoa fiber.

Key Players Covered

Key players in the market include Healy Group, Greenfield, Barry Callebaut, Interfiber, Cargill Inc., Omya, FutureCeuticals Inc., Nestle S.A., Guan Chong Berhad, and Euroduna Food Ingredients.

Key Industry Developments

• In November 2022, Omya, a Switzerland-based chemical industry, introduced its latest range of cocoa fiber, oat fiber, and apple fiber. All the powder produced is 100% insoluble and natural. This powder can be efficiently used to enhance the fiber content of the end product.


• In January 2020, Healy Group, an Ireland-based firm, announced the launch of PrimaFi Cocoa, a cocoa fiber that is specially made for use in the chocolate industry. This fiber can be used as a bulking agent and replace the sugar content by 45%.