The North America Cocoa Derivatives Market would witness market growth of 5.7% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 418.6 kilo tonnes, showcasing a growth of 5.6% (2019-2022).
The implementation of blockchain technology to trace the supply chain is increasingly being embraced within the cocoa derivatives industry. Blockchain ensures transparency in sourcing cocoa beans, allowing consumers to trace the origin of cocoa derivatives and verify ethical and sustainable practices in the supply chain. Blockchain operates as a distributed and decentralized ledger where transactions, in this case, the movement of cocoa beans through the supply chain, are recorded securely and transparently. Every entity involved in the supply chain is equipped with an identical immutable ledger, which guarantees uniformity and confidence.
Innovations in health-conscious formulations involve the development of cocoa derivatives with functional benefits. This includes the incorporation of bioactive compounds, fortification with vitamins and minerals, and creating products tailored to specific dietary preferences, such as low-sugar or sugar-free options. Cocoa derivative producers increasingly engage in collaborations and partnerships to create positive social impact. Initiatives focus on addressing labor challenges, promoting community development in cocoa-producing regions, and supporting sustainable farming practices.
The overall growth of Canada's food and beverage sector plays a vital role in driving the demand for cocoa derivatives. As the sector expands, there are more opportunities for including cocoa-based ingredients in various products, ranging from confectionery to beverages. As per the Government of Canada data, in 2022, the food and beverage processing industry was the largest manufacturing industry in Canada in terms of value of production, with sales of goods manufactured worth $156.5 billion; it accounted for 18.2% of total manufacturing sales and 1.7% of the national Gross Domestic Product (GDP). The sales of sugar and confectionery product manufacturing were at $5.2 billion. Thus, rising cocoa production and the food and beverage sector in North America will boost the demand for cocoa derivatives in the region.
The US market dominated the North America Cocoa Derivatives Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $7,176.8 million by 2030. The Canada market is experiencing a CAGR of 8.1% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 7.1% during (2023 - 2030).
Based on Application, the market is segmented into Food & Beverage, Personal Care & Cosmetics, and Others. Based on Distribution Channel, the market is segmented into B2B, and B2C (Hypermarkets/Supermarkets, Wholesale Stores, Online sales, and Others). Based on Product, the market is segmented into Cocoa Powder, Cocoa Butter, Cocoa Mass/Liquor, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Cocoa Derivatives Market is Predict to reach $35.4 Billion by 2030, at a CAGR of 6.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Olam Group Limited (Temasek Capital), Cargill, Incorporated, JB Foods Limited, The Barry Callebaut Group, Indcre, S.A., Moner Cocoa, S.A., BASF SE, Buhler Group, Mondelez International, Inc., and Nestle S.A.
Scope of the Study
Market Segments Covered in the Report:
By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)
- Food & Beverage
- Personal Care & Cosmetics
- Others
By Distribution Channel (Volume, Kilo Tonnes, USD Billion, 2019-2030)
- B2B
- B2C
- Hypermarkets/Supermarkets
- Wholesale Stores
- Online sales
- Others
By Product (Volume, Kilo Tonnes, USD Billion, 2019-2030)
- Cocoa Powder
- Cocoa Butter
- Cocoa Mass/Liquor
- Others
By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Olam Group Limited (Temasek Capital)
- Cargill, Incorporated
- JB Foods Limited
- The Barry Callebaut Group
- Indcre, S.A.
- Moner Cocoa, S.A.
- BASF SE
- Buhler Group
- Mondelez International, Inc.
- Nestle S.A.
TABLE 1 North America Cocoa Derivatives Market, 2019 - 2022, USD Million
TABLE 2 North America Cocoa Derivatives Market, 2023 - 2030, USD Million
TABLE 3 North America Cocoa Derivatives Market, 2019 - 2022, Kilo Tonnes
TABLE 4 North America Cocoa Derivatives Market, 2023 - 2030, Kilo Tonnes
TABLE 5 North America Cocoa Derivatives Market by Application, 2019 - 2022, USD Million
TABLE 6 North America Cocoa Derivatives Market by Application, 2023 - 2030, USD Million
TABLE 7 North America Cocoa Derivatives Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 8 North America Cocoa Derivatives Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 9 North America Food & Beverage Market by Country, 2019 - 2022, USD Million
TABLE 10 North America Food & Beverage Market by Country, 2023 - 2030, USD Million
TABLE 11 North America Food & Beverage Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 12 North America Food & Beverage Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 13 North America Personal Care & Cosmetics Market by Country, 2019 - 2022, USD Million
TABLE 14 North America Personal Care & Cosmetics Market by Country, 2023 - 2030, USD Million
TABLE 15 North America Personal Care & Cosmetics Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 16 North America Personal Care & Cosmetics Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 17 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 18 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 19 North America Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 20 North America Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 21 North America Cocoa Derivatives Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 22 North America Cocoa Derivatives Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 23 North America Cocoa Derivatives Market by Distribution Channel, 2019 - 2022, Kilo Tonnes
TABLE 24 North America Cocoa Derivatives Market by Distribution Channel, 2023 - 2030, Kilo Tonnes
TABLE 25 North America B2B Market by Region, 2019 - 2022, USD Million
TABLE 26 North America B2B Market by Region, 2023 - 2030, USD Million
TABLE 27 North America B2B Market by Region, 2019 - 2022, Kilo Tonnes
TABLE 28 North America B2B Market by Region, 2023 - 2030, Kilo Tonnes
TABLE 29 North America B2C Market by Region, 2019 - 2022, USD Million
TABLE 30 North America B2C Market by Region, 2023 - 2030, USD Million
TABLE 31 North America B2C Market by Region, 2019 - 2022, Kilo Tonnes
TABLE 32 North America B2C Market by Region, 2023 - 2030, Kilo Tonnes
TABLE 33 North America Cocoa Derivatives Market by B2C Type, 2019 - 2022, USD Million
TABLE 34 North America Cocoa Derivatives Market by B2C Type, 2023 - 2030, USD Million
TABLE 35 North America Cocoa Derivatives Market by B2C Type, 2019 - 2022, Kilo Tonnes
TABLE 36 North America Cocoa Derivatives Market by B2C Type, 2023 - 2030, Kilo Tonnes
TABLE 37 North America Hypermarkets/Supermarkets Market by Country, 2019 - 2022, USD Million
TABLE 38 North America Hypermarkets/Supermarkets Market by Country, 2023 - 2030, USD Million
TABLE 39 North America Hypermarkets/Supermarkets Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 40 North America Hypermarkets/Supermarkets Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 41 North America Wholesale Stores Market by Country, 2019 - 2022, USD Million
TABLE 42 North America Wholesale Stores Market by Country, 2023 - 2030, USD Million
TABLE 43 North America Wholesale Stores Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 44 North America Wholesale Stores Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 45 North America Online sales Market by Country, 2019 - 2022, USD Million
TABLE 46 North America Online sales Market by Country, 2023 - 2030, USD Million
TABLE 47 North America Online sales Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 48 North America Online sales Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 49 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 50 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 51 North America Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 52 North America Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 53 North America Cocoa Derivatives Market by Product, 2019 - 2022, USD Million
TABLE 54 North America Cocoa Derivatives Market by Product, 2023 - 2030, USD Million
TABLE 55 North America Cocoa Derivatives Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 56 North America Cocoa Derivatives Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 57 North America Cocoa Powder Market by Country, 2019 - 2022, USD Million
TABLE 58 North America Cocoa Powder Market by Country, 2023 - 2030, USD Million
TABLE 59 North America Cocoa Powder Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 60 North America Cocoa Powder Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 61 North America Cocoa Butter Market by Country, 2019 - 2022, USD Million
TABLE 62 North America Cocoa Butter Market by Country, 2023 - 2030, USD Million
TABLE 63 North America Cocoa Butter Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 64 North America Cocoa Butter Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 65 North America Cocoa Mass/Liquor Market by Country, 2019 - 2022, USD Million
TABLE 66 North America Cocoa Mass/Liquor Market by Country, 2023 - 2030, USD Million
TABLE 67 North America Cocoa Mass/Liquor Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 68 North America Cocoa Mass/Liquor Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 69 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 70 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 71 North America Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 72 North America Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 73 North America Cocoa Derivatives Market by Country, 2019 - 2022, USD Million
TABLE 74 North America Cocoa Derivatives Market by Country, 2023 - 2030, USD Million
TABLE 75 North America Cocoa Derivatives Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 76 North America Cocoa Derivatives Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 77 US Cocoa Derivatives Market, 2019 - 2022, USD Million
TABLE 78 US Cocoa Derivatives Market, 2023 - 2030, USD Million
TABLE 79 US Cocoa Derivatives Market, 2019 - 2022, Kilo Tonnes
TABLE 80 US Cocoa Derivatives Market, 2023 - 2030, Kilo Tonnes
TABLE 81 US Cocoa Derivatives Market by Application, 2019 - 2022, USD Million
TABLE 82 US Cocoa Derivatives Market by Application, 2023 - 2030, USD Million
TABLE 83 US Cocoa Derivatives Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 84 US Cocoa Derivatives Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 85 US Cocoa Derivatives Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 86 US Cocoa Derivatives Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 87 US Cocoa Derivatives Market by Distribution Channel, 2019 - 2022, Kilo Tonnes
TABLE 88 US Cocoa Derivatives Market by Distribution Channel, 2023 - 2030, Kilo Tonnes
TABLE 89 US Cocoa Derivatives Market by B2C Type, 2019 - 2022, USD Million
TABLE 90 US Cocoa Derivatives Market by B2C Type, 2023 - 2030, USD Million
TABLE 91 US Cocoa Derivatives Market by B2C Type, 2019 - 2022, Kilo Tonnes
TABLE 92 US Cocoa Derivatives Market by B2C Type, 2023 - 2030, Kilo Tonnes
TABLE 93 US Cocoa Derivatives Market by Product, 2019 - 2022, USD Million
TABLE 94 US Cocoa Derivatives Market by Product, 2023 - 2030, USD Million
TABLE 95 US Cocoa Derivatives Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 96 US Cocoa Derivatives Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 97 Canada Cocoa Derivatives Market, 2019 - 2022, USD Million
TABLE 98 Canada Cocoa Derivatives Market, 2023 - 2030, USD Million
TABLE 99 Canada Cocoa Derivatives Market, 2019 - 2022, Kilo Tonnes
TABLE 100 Canada Cocoa Derivatives Market, 2023 - 2030, Kilo Tonnes
TABLE 101 Canada Cocoa Derivatives Market by Application, 2019 - 2022, USD Million
TABLE 102 Canada Cocoa Derivatives Market by Application, 2023 - 2030, USD Million
TABLE 103 Canada Cocoa Derivatives Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 104 Canada Cocoa Derivatives Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 105 Canada Cocoa Derivatives Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 106 Canada Cocoa Derivatives Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 107 Canada Cocoa Derivatives Market by Distribution Channel, 2019 - 2022, Kilo Tonnes
TABLE 108 Canada Cocoa Derivatives Market by Distribution Channel, 2023 - 2030, Kilo Tonnes
TABLE 109 Canada Cocoa Derivatives Market by B2C Type, 2019 - 2022, USD Million
TABLE 110 Canada Cocoa Derivatives Market by B2C Type, 2023 - 2030, USD Million
TABLE 111 Canada Cocoa Derivatives Market by B2C Type, 2019 - 2022, Kilo Tonnes
TABLE 112 Canada Cocoa Derivatives Market by B2C Type, 2023 - 2030, Kilo Tonnes
TABLE 113 Canada Cocoa Derivatives Market by Product, 2019 - 2022, USD Million
TABLE 114 Canada Cocoa Derivatives Market by Product, 2023 - 2030, USD Million
TABLE 115 Canada Cocoa Derivatives Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 116 Canada Cocoa Derivatives Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 117 Mexico Cocoa Derivatives Market, 2019 - 2022, USD Million
TABLE 118 Mexico Cocoa Derivatives Market, 2023 - 2030, USD Million
TABLE 119 Mexico Cocoa Derivatives Market, 2019 - 2022, Kilo Tonnes
TABLE 120 Mexico Cocoa Derivatives Market, 2023 - 2030, Kilo Tonnes
TABLE 121 Mexico Cocoa Derivatives Market by Application, 2019 - 2022, USD Million
TABLE 122 Mexico Cocoa Derivatives Market by Application, 2023 - 2030, USD Million
TABLE 123 Mexico Cocoa Derivatives Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 124 Mexico Cocoa Derivatives Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 125 Mexico Cocoa Derivatives Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 126 Mexico Cocoa Derivatives Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 127 Mexico Cocoa Derivatives Market by Distribution Channel, 2019 - 2022, Kilo Tonnes
TABLE 128 Mexico Cocoa Derivatives Market by Distribution Channel, 2023 - 2030, Kilo Tonnes
TABLE 129 Mexico Cocoa Derivatives Market by B2C Type, 2019 - 2022, USD Million
TABLE 130 Mexico Cocoa Derivatives Market by B2C Type, 2023 - 2030, USD Million
TABLE 131 Mexico Cocoa Derivatives Market by B2C Type, 2019 - 2022, Kilo Tonnes
TABLE 132 Mexico Cocoa Derivatives Market by B2C Type, 2023 - 2030, Kilo Tonnes
TABLE 133 Mexico Cocoa Derivatives Market by Product, 2019 - 2022, USD Million
TABLE 134 Mexico Cocoa Derivatives Market by Product, 2023 - 2030, USD Million
TABLE 135 Mexico Cocoa Derivatives Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 136 Mexico Cocoa Derivatives Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 137 Rest of North America Cocoa Derivatives Market, 2019 - 2022, USD Million
TABLE 138 Rest of North America Cocoa Derivatives Market, 2023 - 2030, USD Million
TABLE 139 Rest of North America Cocoa Derivatives Market, 2019 - 2022, Kilo Tonnes
TABLE 140 Rest of North America Cocoa Derivatives Market, 2023 - 2030, Kilo Tonnes
TABLE 141 Rest of North America Cocoa Derivatives Market by Application, 2019 - 2022, USD Million
TABLE 142 Rest of North America Cocoa Derivatives Market by Application, 2023 - 2030, USD Million
TABLE 143 Rest of North America Cocoa Derivatives Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 144 Rest of North America Cocoa Derivatives Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 145 Rest of North America Cocoa Derivatives Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 146 Rest of North America Cocoa Derivatives Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 147 Rest of North America Cocoa Derivatives Market by Distribution Channel, 2019 - 2022, Kilo Tonnes
TABLE 148 Rest of North America Cocoa Derivatives Market by Distribution Channel, 2023 - 2030, Kilo Tonnes
TABLE 149 Rest of North America Cocoa Derivatives Market by B2C Type, 2019 - 2022, USD Million
TABLE 150 Rest of North America Cocoa Derivatives Market by B2C Type, 2023 - 2030, USD Million
TABLE 151 Rest of North America Cocoa Derivatives Market by B2C Type, 2019 - 2022, Kilo Tonnes
TABLE 152 Rest of North America Cocoa Derivatives Market by B2C Type, 2023 - 2030, Kilo Tonnes
TABLE 153 Rest of North America Cocoa Derivatives Market by Product, 2019 - 2022, USD Million
TABLE 154 Rest of North America Cocoa Derivatives Market by Product, 2023 - 2030, USD Million
TABLE 155 Rest of North America Cocoa Derivatives Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 156 Rest of North America Cocoa Derivatives Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 157 Key Information – Olam Group Limited
TABLE 158 Key Information – Cargill, Incorporated
TABLE 159 Key Information – JB Foods Limited
TABLE 160 Key Information – The Barry Callebaut Group
TABLE 161 Key Information – Indcre, S.A.
TABLE 162 Key Information – Moner Cocoa, S.A.
TABLE 163 Key Information – BASF SE
TABLE 164 Key Information – Buhler Group
TABLE 165 Key Information – Mondelez International, Inc.
TABLE 166 Key Information – Nestle S.A
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Cocoa Derivatives Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting the Cocoa Derivatives Market
FIG 4 Porter’s Five Forces Analysis – Cocoa Derivatives Market
FIG 5 North America Cocoa Derivatives Market Share by Application, 2022
FIG 6 North America Cocoa Derivatives Market Share by Application, 2030
FIG 7 North America Cocoa Derivatives Market by Application, 2019 - 2030, USD Million
FIG 8 North America Cocoa Derivatives Market Share by Distribution Channel, 2022
FIG 9 North America Cocoa Derivatives Market Share by Distribution Channel, 2030
FIG 10 North America Cocoa Derivatives Market by Distribution Channel, 2019 - 2030, USD Million
FIG 11 North America Cocoa Derivatives Market Share by Product, 2022
FIG 12 North America Cocoa Derivatives Market Share by Product, 2030
FIG 13 North America Cocoa Derivatives Market by Product, 2019 - 2030, USD Million
FIG 14 North America Cocoa Derivatives Market Share by Country, 2022
FIG 15 North America Cocoa Derivatives Market Share by Country, 2030
FIG 16 North America Cocoa Derivatives Market by Country, 2019 - 2030, USD Million
FIG 17 Swot Analysis: Olam Group Limited
FIG 18 Recent strategies and developments: Cargill, Incorporated
FIG 19 SWOT Analysis: Cargill, Incorporated
FIG 20 SWOT Analysis: JB Foods Limited
FIG 21 SWOT Analysis: The Barry Callebaut Group
FIG 22 SWOT Analysis: Indcre, S.A.
FIG 23 SWOT Analysis: Moner Cocoa, S.A.
FIG 24 SWOT Analysis: BASF SE
FIG 25 SWOT Analysis: Mondelez International, Inc.
FIG 26 SWOT Analysis: Nestle S.A