Dark Chocolate’s Popularity To Lift Cocoa Fiber Market

CEO John Downs speaking at CHOCOVISION 2018

Albany, NY — The global market for cocoa fiber is anticipated to increase 7.6 percent by 2030 with rising demand for dark chocolates propelling the sector, which is expected to reach a value of $747 million during the period, according to Transparency Market Research.

Conventional cocoa fibers are anticipated to dominate the market when compared with organic cocoa, the market research company reports. By product type, natural fibers are expected to be the market front runner, currently accounting for more than 73 percent of the sector, followed by Dutch cocoa fibers.

European markets are anticipated to continue being the leading region for cocoa fibers, accounting for nearly 40 percent of the global market, followed by North America and South Asian countries, Transparency Market Research reports.