Brazil Cocoa Nibs Market Size & Outlook, 2019-2027

The cocoa nibs market in Brazil is expected to reach a projected revenue of US$ 62.1 million by 2027. A compound annual growth rate of 7% is expected of Brazil cocoa nibs market from 2020 to 2027.
Revenue, 2019 (US$M)
$36.2
Forecast, 2027 (US$M)
$62.1
CAGR, 2020 - 2027
7%
Report Coverage
Brazil

Brazil cocoa nibs market highlights

  • The Brazil cocoa nibs market generated a revenue of USD 36.2 million in 2019 and is expected to reach USD 62.1 million by 2027.
  • The Brazil market is expected to grow at a CAGR of 7% from 2020 to 2027.
  • In terms of segment, conventional was the largest revenue generating product in 2019.
  • Organic is the most lucrative product segment registering the fastest growth during the forecast period.


Cocoa nibs market data book summary

Market revenue in 2019USD 36.2 million
Market revenue in 2027USD 62.1 million
Growth rate7% (CAGR from 2019 to 2027)
Largest segmentConventional
Fastest growing segmentOrganic
Historical data2016 - 2018
Base year2019
Forecast period2020 - 2027
Quantitative unitsRevenue in USD million
Market segmentationConventional, Organic
Key market players worldwideBarry Callebaut AG, Cocoa Family, United Cocoa Processor, Navitas Organics, Sunfood.com, Viva Naturals


Other key industry trends

  • In terms of revenue, Brazil accounted for 3.4% of the global cocoa nibs market in 2019.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
  • In Latin America, Brazil cocoa nibs market is projected to lead the regional market in terms of revenue in 2027.
  • Brazil is the fastest growing regional market in Latin America and is projected to reach USD 62.1 million by 2027.

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Cocoa Nibs Market Companies

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Brazil cocoa nibs market size, by product, 2016-2027 (US$M)

Brazil Cocoa Nibs Market Outlook Share, 2019 & 2027 (US$M)

Brazil cocoa nibs market size, by product, 2016-2027 (US$M)

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