Europe Cocoa Nibs Market Size & Outlook, 2019-2027
The cocoa nibs market in Europe is expected to reach a projected revenue of US$ 532.0 million by 2027. A compound annual growth rate of 8.1% is expected of Europe cocoa nibs market from 2020 to 2027.
Revenue, 2019 (US$M)
$285.3
Forecast, 2027 (US$M)
$532.0
CAGR, 2020 - 2027
8.1%
Report Coverage
Europe
Europe cocoa nibs market, 2016-2027 (US$M)
Related Markets
Europe cocoa nibs market highlights
- The Europe cocoa nibs market generated a revenue of USD 285.3 million in 2019.
- The market is expected to grow at a CAGR of 8.1% 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.
- Country-wise, UK is expected to register the highest CAGR from 2020 to 2027.
Europe data book summary
| Market revenue in 2019 | USD 285.3 million |
| Market revenue in 2027 | USD 532.0 million |
| Growth rate | 8.1% (CAGR from 2019 to 2027) |
| Largest segment | Conventional |
| Fastest growing segment | Organic |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Conventional, Organic |
| Key market players worldwide | Barry Callebaut AG, Cocoa Family, United Cocoa Processor, Navitas Organics, Sunfood.com, Viva Naturals |
Other key industry trends
- In terms of revenue, Europe region accounted for 26.5% of the global cocoa nibs market in 2019.
- Globally, North America is projected to lead the regional market in terms of revenue in 2027.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 456.9 million by 2027.
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Cocoa Nibs Market Scope
Cocoa nibs market segmentation & scope
Cocoa Nibs Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe cocoa nibs market size, by country, 2016-2027 (US$M)
Europe Cocoa Nibs Market Outlook Share, 2019 & 2027 (US$M)
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