Product Code: ETC4674690 | Publication Date: Nov 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Bhutan Cocoa Powder Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 2.11% in 2025, the market peaks at 4.65% in 2028, and settles at 3.06% by 2029.
By 2027, the Cocoa Powder market in Bhutan is anticipated to reach a growth rate of 4.32%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.
The cocoa powder market in Bhutan is largely influenced by the importation of cocoa beans and processed cocoa products from other countries. With a small domestic production base, Bhutan relies heavily on imports to meet the needs of its food and beverage industry. The demand for cocoa powder is driven by the rising popularity of chocolate-based products and beverages. As consumer preferences shift towards premium and organic products, there is a growing market for high-quality cocoa powder.
The Bhutan Cocoa Powder Market is driven by the expanding applications of cocoa powder in the food and beverage industry. Cocoa powder is widely used in baking, beverages, and confectionery products. The increasing popularity of cocoa-based drinks and desserts contributes to the growth of this market. Innovations in product formulations and the introduction of new flavors also support market expansion.
In the Bhutan cocoa powder market, one of the primary challenges is the limited local production capacity. The country imports most of its cocoa powder, which results in high costs and dependency on international suppliers. Additionally, the market struggles with fluctuating prices due to the volatility in the global cocoa market. There is also a lack of local processing facilities that can handle large volumes of cocoa beans to produce cocoa powder, further increasing the reliance on imports.
The cocoa powder market in Bhutan is closely tied to the cocoa beans market. Given the country`s emerging cocoa industry, local production of cocoa powder is limited. Government policies focus on supporting the growth of the cocoa processing sector through grants and incentives for establishing processing units. Bhutan`s strategic goal is to increase value-added products and reduce reliance on imports. Trade policies and import tariffs also play a role in shaping the market, as Bhutan imports a significant portion of its cocoa powder from international suppliers.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bhutan Cocoa Powder Market Overview |
3.1 Bhutan Country Macro Economic Indicators |
3.2 Bhutan Cocoa Powder Market Revenues & Volume, 2021 & 2031F |
3.3 Bhutan Cocoa Powder Market - Industry Life Cycle |
3.4 Bhutan Cocoa Powder Market - Porter's Five Forces |
3.5 Bhutan Cocoa Powder Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Bhutan Cocoa Powder Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
3.7 Bhutan Cocoa Powder Market Revenues & Volume Share, By Cocoa Variety, 2021 & 2031F |
3.8 Bhutan Cocoa Powder Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Bhutan Cocoa Powder Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Bhutan Cocoa Powder Market Trends |
6 Bhutan Cocoa Powder Market Segmentations |
6.1 Bhutan Cocoa Powder Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Bhutan Cocoa Powder Market Revenues & Volume, By Black Cocoa, 2021-2031F |
6.1.3 Bhutan Cocoa Powder Market Revenues & Volume, By Double-Dutch Cocoa Blend, 2021-2031F |
6.1.4 Bhutan Cocoa Powder Market Revenues & Volume, By Triple Cocoa Blend, 2021-2031F |
6.1.5 Bhutan Cocoa Powder Market Revenues & Volume, By Bensdorp Dutch-Process Cocoa, 2021-2031F |
6.1.6 Bhutan Cocoa Powder Market Revenues & Volume, By Cocoa Rouge, 2021-2031F |
6.1.7 Bhutan Cocoa Powder Market Revenues & Volume, By Natural Cocoa, 2021-2031F |
6.2 Bhutan Cocoa Powder Market, By End-Use Industry |
6.2.1 Overview and Analysis |
6.2.2 Bhutan Cocoa Powder Market Revenues & Volume, By Chocolate & Confectionery, 2021-2031F |
6.2.3 Bhutan Cocoa Powder Market Revenues & Volume, By Beverages, 2021-2031F |
6.2.4 Bhutan Cocoa Powder Market Revenues & Volume, By Bakery, 2021-2031F |
6.2.5 Bhutan Cocoa Powder Market Revenues & Volume, By Functional Food, 2021-2031F |
6.2.6 Bhutan Cocoa Powder Market Revenues & Volume, By Cosmetics, 2021-2031F |
6.2.7 Bhutan Cocoa Powder Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.3 Bhutan Cocoa Powder Market, By Cocoa Variety |
6.3.1 Overview and Analysis |
6.3.2 Bhutan Cocoa Powder Market Revenues & Volume, By Forastero, 2021-2031F |
6.3.3 Bhutan Cocoa Powder Market Revenues & Volume, By Criollo, 2021-2031F |
6.3.4 Bhutan Cocoa Powder Market Revenues & Volume, By Trinitario, 2021-2031F |
6.3.5 Bhutan Cocoa Powder Market Revenues & Volume, By Other Cocoa Varieties, 2021-2031F |
6.4 Bhutan Cocoa Powder Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Bhutan Cocoa Powder Market Revenues & Volume, By Modern Trade, 2021-2031F |
6.4.3 Bhutan Cocoa Powder Market Revenues & Volume, By Speciality Stores, 2021-2031F |
6.4.4 Bhutan Cocoa Powder Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.4.5 Bhutan Cocoa Powder Market Revenues & Volume, By Traditional Grocery Stores, 2021-2031F |
6.4.6 Bhutan Cocoa Powder Market Revenues & Volume, By Online store, 2021-2031F |
6.4.7 Bhutan Cocoa Powder Market Revenues & Volume, By Other Distribution Channels, 2021-2031F |
7 Bhutan Cocoa Powder Market Import-Export Trade Statistics |
7.1 Bhutan Cocoa Powder Market Export to Major Countries |
7.2 Bhutan Cocoa Powder Market Imports from Major Countries |
8 Bhutan Cocoa Powder Market Key Performance Indicators |
9 Bhutan Cocoa Powder Market - Opportunity Assessment |
9.1 Bhutan Cocoa Powder Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Bhutan Cocoa Powder Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
9.3 Bhutan Cocoa Powder Market Opportunity Assessment, By Cocoa Variety, 2021 & 2031F |
9.4 Bhutan Cocoa Powder Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Bhutan Cocoa Powder Market - Competitive Landscape |
10.1 Bhutan Cocoa Powder Market Revenue Share, By Companies, 2024 |
10.2 Bhutan Cocoa Powder Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |