South & Central America Cocoa Derivatives Market Forecast to 2028 - Regional Analysis - by Type (Cocoa Butter, Cocoa Beans, Cocoa Powder, and Others), Category (Organic and Conventional), Application [Food and Beverages (Bakery and Confectionery, Dairy an

South & Central America Cocoa Derivatives Market Forecast to 2028- Regional Analysis- by Type (Cocoa Butter, Cocoa Beans, Cocoa Powder, and Others), Category (Organic and Conventional), Application [Food and Beverages (Bakery and Confectionery, Dairy and Frozen Desserts, Beverages, and Other Food and Beverages), Personal Care, and Other]


The South & Central America Cocoa Derivatives Market is expected to grow from US$ 2,285.25 million in 2022 to US$ 3,125.16 million by 2028. It is estimated to grow at a CAGR of 5.4% from 2022 to 2028.

Utilization of Cocoa as Sustainable Beauty Ingredient in Cosmetics Industry Drive South & Central America Cocoa Derivatives Market

Cocoa is one of the most beneficial beauty ingredients promoting healthy skin and, thus, is commonly employed in the cosmetic industry. It is rich in omega-6 fatty acids, polyphenols, flavonoids, and antioxidants, and can be used to make a variety of skincare and cosmetic products. For instance, cocoa butter is widely used in moisturizers, lip balm, and body butter due to its high fatty acid content. It helps reduce wrinkles, scars, and other marks on human skin. Cocoa butter helps to protect against sunburn. Moreover, cocoa butter exhibits therapeutic benefits against skin irritations, hair loss, and other health concerns. Its unsaturated fat and monounsaturated oleic acid content contributes to hair and skin health. Similarly, cocoa powder can be used to make many do-it-yourself (DIY) natural beauty recipes, including dry shampoo and eye shadow. Cocoa is also used significantly as a coloring and flavoring agent in cosmetics. With the increasing consumer demand for cocoa-based cosmetics due to their beneficial properties, manufacturers are utilizing this substance as a sustainable beauty ingredient. Such product innovation by manufacturers boosts the demand for cocoa derivatives, thereby bolstering the market growth.

South & Central America Cocoa Derivatives Market Overview

The South & Central America cocoa derivatives market is segmented into Brazil, Argentina, and the Rest of South & Central America. Brazil stands as the seventh-largest cocoa producer and fifth-largest chocolate consumer in the world. According to the National Association of the Cocoa Processing Industry (AIPC), total grinding in 2021 reached 224,168 tons, 4.4% more than in 2020. According to Nasdaq—Cargill, Incorporated, Olam International, and Barry Callebaut are the major processors in the country, with the cumulative capacity to grind cocoa beans 275,000 tons per year. With such an increase in cocoa grinding by the processors across the region, the adoption of cocoa powder, cocoa butter, cocoa liquor, and cocoa beans is growing in South & Central American countries. According to the Observatory of Economic Complexity (OEC), Argentina exported chocolate worth US$ 74.3 million in 2020. The leading destinations of chocolate exports for Argentina are Brazil, Uruguay, Chile, and Paraguay, with exports worth US$ 35.1 million, US$ 8.48, US$ 4.94M, and US$ 4.61M, respectively. This increased in export and increased demand for cocoa and cocoa products is backed by the factors such as the cocoa consumers in the South & Central America are not generally price sensitive. The consumers in the region are highly aware of the benefits of consuming cocoa and its derivatives, which propels the demand for cocoa derivatives in the food & beverages industry. Also, the demand for cosmetics infused with plant-based ingredients is fueling the cocoa derivatives sales in the cosmetics and personal care industry in the region, in turn, bolstering the South & Central America cocoa derivatives market growth.

South & Central America Cocoa Derivatives Market Revenue and Forecast to 2028 (US$ Million)

South & Central America Cocoa Derivatives Market Segmentation

The South & Central America Cocoa Derivatives Market is segmented into type, category, application, and country.

Based on type, the South & Central America Cocoa Derivatives Market is segmented into cocoa butter, cocoa beans, cocoa powder, and others. In 2022, the cocoa beans segment registered a largest share in the South & Central America cocoa derivatives market.

Based on category, the South & Central America Cocoa Derivatives Market is bifurcated into organic and conventional. In 2022, the conventional segment registered a larger share in the South & Central America cocoa derivatives market.

Based on application, the South & Central America Cocoa Derivatives Market is segmented into food and beverages, personal care, and other. In 2022, the food and beverages segment registered a largest share in the South & Central America cocoa derivatives market. The food and beverages segment is further segmented into bakery and confectionery, dairy and frozen desserts, beverages, and other food and beverages.

Based on country, the South & Central America Cocoa Derivatives Market is segmented into Brazil, Argentina, and the Rest of South & Central America. In 2022, Brazil segment registered a largest share in the South & Central America cocoa derivatives market.

Barry Callebaut AG, Cargill, Inc, Ecuakao Group Ltd, Indcre SA, JB Foods Ltd, MONERA COCOA SA, Natra SA, and Olam Groupe Ltd are the leading companies operating in the South & Central America cocoa derivatives market.

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Scrutinize in-depth South & Central America market trends and outlook coupled with the factors driving the cocoa derivative market, as well as those hindering it
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1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 South & Central America Cocoa Derivatives Market, by Type
1.3.2 South & Central America Cocoa Derivatives Market, by Category
1.3.3 South & Central America Cocoa Derivatives Market, by Application
1.3.4 South & Central America Cocoa Derivatives Market, by Country
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. South & Central America Cocoa Derivatives Market Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Intensity of Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers:
4.3.2 Manufacturers:
4.3.3 Distributors or Suppliers:
4.3.4 End Use Industry:
4.4 Expert Opinion
5. South & Central America Cocoa Derivatives Market — Key Market Dynamics
5.1 Market Drivers
5.1.1 Improvement Rising Demand for Cocoa-Based Confectioneries
5.1.2 Utilization of Cocoa as Sustainable Beauty Ingredient in Cosmetics Industry
5.2 Market Restraints
5.2.1 Fluctuations in Prices of Cocoa
5.3 Opportunities
5.3.1 Demand for Organic and Fairtrade Cocoa Derivatives
5.4 Future Trends
5.4.1 Clean-Label Products
5.5 Impact Analysis
6. Cocoa Derivatives – South & Central America Market Analysis
6.1 South & Central America Cocoa Derivatives Market –Revenue and Forecast to 2028 (US$ Million)
7. South & Central America Cocoa Derivatives Market Analysis – By Type
7.1 Overview
7.2 South & Central America Cocoa Derivatives Market, By Type (2021 and 2028)
7.3 Cocoa Butter
7.3.1 Overview
7.3.2 Cocoa Butter: South & Central America Cocoa Derivatives Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Cocoa Beans
7.4.1 Overview
7.4.2 Cocoa Beans: South & Central America Cocoa Derivatives Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Cocoa Powder
7.5.1 Overview
7.5.2 Cocoa Powder: Cocoa Derivatives Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: South & Central America Cocoa Derivatives Market – Revenue and Forecast to 2028 (US$ Million)
8. South & Central America Cocoa Derivatives Market Analysis – By Category
8.1 Overview
8.2 South & Central America Cocoa Derivatives Market, By Category (2021 and 2028)
8.3 Organic
8.3.1 Overview
8.3.2 Organic: South & Central America Cocoa Derivatives Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Conventional
8.4.1 Overview
8.4.2 Conventional: South & Central America Cocoa Derivatives Market – Revenue and Forecast to 2028 (US$ Million)
9. South & Central America Cocoa Derivatives Market Analysis – By Application
9.1 Overview
9.2 South & Central America Cocoa Derivatives Market, By Application (2021 and 2028)
9.3 Food and Beverages
9.3.1 Overview
9.3.2 Food and Beverages: South & Central America Cocoa Derivatives Market – Revenue and Forecast to 2028 (US$ Million)
9.3.3 Bakery & Confectionery
9.3.3.1 Overview
9.3.4 Dairy & Frozen Desserts
9.3.4.1 Overview
9.3.5 Beverages
9.3.5.1 Overview
9.3.6 Others
9.3.6.1 Overview
9.4 Personal Care
9.4.1 Overview
9.4.2 Personal Care: South & Central America Cocoa Derivatives Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Others
9.5.1 Overview
9.5.2 Others: South & Central America Cocoa Derivatives Market – Revenue and Forecast to 2028 (US$ Million)
10. South & Central America Cocoa Derivatives Market – Country Analysis
10.1 Overview
10.1.1 South & Central America: Cocoa Derivatives Market, by Key Country
10.1.1.1 Brazil: Cocoa Derivatives Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 Brazil: Cocoa Derivatives Market, By Type
10.1.1.1.2 Brazil: Cocoa Derivatives Market, by Category
10.1.1.1.3 Brazil: Cocoa Derivatives Market, by Application
10.1.1.2 Argentina: Cocoa Derivatives Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 Argentina: Cocoa Derivatives Market, By Type
10.1.1.2.2 Argentina: Cocoa Derivatives Market, by Category
10.1.1.2.3 Argentina: Cocoa Derivatives Market, by Application
10.1.1.3 Rest of South & Central America: Cocoa Derivatives Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Rest of South & Central America: Cocoa Derivatives Market, By Type
10.1.1.3.2 Rest of South & Central America: Cocoa Derivatives Market, by Category
10.1.1.3.3 Rest of South & Central America: Cocoa Derivatives Market, by Application
11. Industry Landscape
11.1 Product launch
11.2 Expansion
12. Company Profiles
12.1 Olam Group Ltd
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Indcre SA
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Cargill Inc
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Natra SA
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 JB Foods Ltd
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Ecuakao Group Ltd
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Barry Callebaut AG
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Moner Cocoa SA
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. South & Central America Cocoa Derivatives Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. Brazil Cocoa Derivatives Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 3. Brazil Cocoa Derivatives Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 4. Brazil Cocoa Derivatives Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 5. Brazil Cocoa Derivatives market, by Food and Beverages – Revenue and Forecast to 2028 (USD Million)
Table 6. Argentina Cocoa Derivatives Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. Argentina Cocoa Derivatives Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 8. Argentina Cocoa Derivatives Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 9. Argentina Cocoa Derivatives market, by Food and Beverages – Revenue and Forecast to 2028 (USD Million)
Table 10. Rest of South & Central America Cocoa Derivatives Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 11. Rest of South & Central America Cocoa Derivatives Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 12. Rest of South & Central America Cocoa Derivatives Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 13. Rest of South and Central America Cocoa Derivatives market, by Food and Beverages – Revenue and Forecast to 2028 (USD Million)
Table 14. Glossary of Terms, South & Central America Cocoa Derivatives Market
LIST OF FIGURES
Figure 1. South & Central America Cocoa Derivatives Market Segmentation
Figure 2. South & Central America Cocoa Derivatives Market Segmentation: By Country
Figure 3. South & Central America Cocoa Derivatives Market Overview
Figure 4. South & Central America Cocoa Derivatives Market, By Category
Figure 5. South & Central America Cocoa Derivatives Market, by Country
Figure 6. Porter's Five Forces Analysis
Figure 7. Ecosystem: South & Central America Cocoa Derivatives Market
Figure 8. Expert Opinion
Figure 9. South & Central America Cocoa Derivatives Market Impact Analysis of Drivers and Restraints
Figure 10. South & Central America Cocoa Derivatives Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. South & Central America Cocoa Derivatives Market Revenue Share, By Type (2021 and 2028)
Figure 12. Cocoa Butter: South & Central America Cocoa Derivatives Market – Revenue and Forecast To 2028 (US$ Million)
Figure 13. Cocoa Beans: South & Central America Cocoa Derivatives Market – Revenue and Forecast To 2028 (US$ Million)
Figure 14. Cocoa Powder: Cocoa Derivatives Market – Revenue and Forecast To 2028 (US$ Million)
Figure 15. Others: South & Central America Cocoa Derivatives Market – Revenue and Forecast To 2028 (US$ Million)
Figure 16. South & Central America Cocoa Derivatives Market Revenue Share, By Category (2021 and 2028)
Figure 17. Organic: South & Central America Cocoa Derivatives Market – Revenue and Forecast To 2028 (US$ Million)
Figure 18. Conventional: South & Central America Cocoa Derivatives Market – Revenue and Forecast To 2028 (US$ Million)
Figure 19. South & Central America Cocoa Derivatives Market Revenue Share, By Application (2021 and 2028)
Figure 20. Food and Beverages: South & Central America Cocoa Derivatives Market – Revenue and Forecast To 2028 (US$ Million)
Figure 21. Personal Care: South & Central America Cocoa Derivatives Market – Revenue and Forecast To 2028 (US$ Million)
Figure 22. Others: South & Central America Cocoa Derivatives Market – Revenue and Forecast To 2028 (US$ Million)
Figure 23. South & Central America: Cocoa Derivatives Market - Revenue (2021) (US$ Million)
Figure 24. South & Central America: Cocoa Derivatives Market Revenue Share, by Key Country (2021 and 2028)
Figure 25. Brazil: Cocoa Derivatives Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Argentina: Cocoa Derivatives Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Rest of South & Central America: Cocoa Derivatives Market – Revenue and Forecast to 2028 (US$ Million)

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