India Cocoa Nibs Market Size & Outlook, 2019-2027

The cocoa nibs market in India is expected to reach a projected revenue of US$ 64.6 million by 2027. A compound annual growth rate of 8.9% is expected of India cocoa nibs market from 2020 to 2027.
Revenue, 2019 (US$M)
$32.6
Forecast, 2027 (US$M)
$64.6
CAGR, 2020 - 2027
8.9%
Report Coverage
India

India cocoa nibs market highlights

  • The India cocoa nibs market generated a revenue of USD 32.6 million in 2019 and is expected to reach USD 64.6 million by 2027.
  • The India market is expected to grow at a CAGR of 8.9% 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 32.6 million
Market revenue in 2027USD 64.6 million
Growth rate8.9% (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, India accounted for 3.0% 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 Asia Pacific, China cocoa nibs market is projected to lead the regional market in terms of revenue in 2027.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 64.6 million by 2027.

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Cocoa Nibs Market Companies

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

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

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

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