Low-Fat Cocoa Powder Market to Remain Lucrative During 2018 2028

Posted by Arslan on October 10th, 2019

Low fat cocoa powder is produced by extracting butterfat from chocolate liquor at earlier stages of cocoa processing. The Low-Fat cocoa powder serves many applications but is majorly used as a vital ingredient in chocolate cakes during the baking process, to add more flavor to regular cakes. The global market for Low-Fat cocoa powder has attained an enormous growth in both developed, as well as developing economies, over the period owing to changing consumption patterns of the people. The global Low-Fat Cocoa Powder Market is gaining massive traction from the digital platforms. The global Low-Fat cocoa powder market includes numerous local manufacturers, and some players have a global reach as well. The Low-Fat cocoa powder market is creating lucrative opportunities for the Low-Fat cocoa powder manufacturers and distributors to expand their business footprint worldwide.

The rising awareness about the health benefits offered by Low-Fat cocoa powder is likely to drive the overall market for Low-Fat cocoa powder. The products made from Low-Fat cocoa powder are considered as one of the healthiest snacks in the market. The primary reason for considering Low-Fat cocoa powder as a healthy snack is its ability to boost metabolism, which in turn helps in weight loss. Low-Fat cocoa powder serves many health benefits as the Low-Fat cocoa powder is one of the richest sources of polyphenols. Low-Fat cocoa powder is widely accepted due to its antioxidant and anti-inflammatory effects.

Rising awareness concerning health is expected to amplify the overall demand for Low-Fat cocoa powder

The Low-Fat cocoa powder market can be segmented on buyer type and sales channel (B2B & B2C) and geographies. Based on buyer type, the global market for Low-Fat cocoa powder can be segmented into the HoReCa sector, Household & Residential Buyers and Food Processors & Manufacturers. On the basis of sales channel, the global market for Low-Fat cocoa powder can be classified into B2B and B2C (third-party online channel, convenience stores, independent retailers, modern trade, departmental stores, confectionery stores, and other sales channels). Geographically, the global market for Low-Fat cocoa powder can be segmented into seven regions: North America, Latin America, Europe, East Asia, South Asia, Oceania and The Middle East & Africa.

The global Low-Fat cocoa powder market is expected to grow at a moderate CAGR over the forecast period. Owing to the increasing awareness among the consumers regarding the health benefits served by Low-Fat cocoa powder, the overall market for Low-Fat cocoa powder is likely to grow remarkably. The rising demand for Low-Fat cocoa powder for several applications is expected to drive the global Low-Fat cocoa powder market. With the entrance of local players in the Low-Fat cocoa powder market, the consumers are widely accepting the Low-Fat cocoa powder due to its availability at economical prices. Among regions, North America is likely to hold the leading position in terms of market share in the Low-Fat cocoa powder market during 2019. Also, the APEJ region is estimated to witness a considerable demand for Low-Fat cocoa powder during the forecast period owing to increasing awareness about the benefits of Low-Fat cocoa powder.

Increasing popularity of Low-Fat cocoa powder is expected to boost the global market swiftly

The Low-Fat cocoa powder manufacturers are primarily focusing on emerging countries with higher consumption rate to gain substantial revenue across the regions. Key producers in the Low-Fat cocoa powder market are mainly targeting on expanding their customer base and sales footprint. Some of the key market participants in the global Low-Fat cocoa powder market are DeZaan, Nestle, Kaoka, ITB Holdings LLC, Bensdrop, the chocolate powder company and Hershey’s, among others.

The research report presents a comprehensive assessment of the Low-Fat Cocoa Powder market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to Low-Fat Cocoa Powder market segments such as buyer type, sales channel, and geographies.

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