Product Code: ETC126693 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Philippines Cocoa Powder Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate begins at 13.97% in 2025, climbs to a high of 15.87% in 2027, and moderates to 9.16% by 2029.
The Cocoa Powder market in Philippines is projected to grow at a exponential growth rate of 15.87% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.
The Philippines cocoa powder market is expected to grow at a significant CAGR during the forecast period, 2025-2031. The growth of the market is driven by the increasing demand for convenience products such as ready-to-eat food and beverages, which require cocoa powder as an ingredient. Moreover, increased health consciousness among consumers coupled with changing lifestyle preferences are also driving the market in this region.
With busy lifestyles becoming more common among individuals across all age groups, there has been a surge in demand for convenience products such as ready-to-eat food and beverages that require cocoa powder as an essential ingredient. This factor is likely to drive the growth of the market in this region over the forecast period
Increasing availability of substitute ingredients like carob flour could potentially hamper sales revenue generated from cocoa powders due to its lower cost resulting into challenge for manufacturers operating within industry domain limiting potential new customer base expansion opportunities impacting overall industry outlook adversely
Players Operating In Philippines Cocoa Powder Market Include But Are Not Limited To : Mars Inc., Barry Callebaut AG (NYSE), Blommer Chocolate Company Inc., Olam International Ltd., Cargill Incorporated etc
COVID 19 pandemic has impacted various aspects related to economic landscape globally including supply chain disruptions & reduced consumer spending due to lockdown restrictions imposed on various cities/regions worldwide negatively affecting production capacity utilization rates & revenues earned from sales causing considerable financial losses besides posing risk on lives of workers employed within industrial domain
Philippines Cocoa Powder |
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 Philippines Cocoa Powder Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Cocoa Powder Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Cocoa Powder Market - Industry Life Cycle |
3.4 Philippines Cocoa Powder Market - Porter's Five Forces |
3.5 Philippines Cocoa Powder Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Philippines Cocoa Powder Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
3.7 Philippines Cocoa Powder Market Revenues & Volume Share, By Cocoa Variety, 2021 & 2031F |
3.8 Philippines Cocoa Powder Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Philippines Cocoa Powder Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Cocoa Powder Market Trends |
6 Philippines Cocoa Powder Market, By Types |
6.1 Philippines Cocoa Powder Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Cocoa Powder Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Philippines Cocoa Powder Market Revenues & Volume, By Black Cocoa, 2021-2031F |
6.1.4 Philippines Cocoa Powder Market Revenues & Volume, By Double-Dutch Cocoa Blend, 2021-2031F |
6.1.5 Philippines Cocoa Powder Market Revenues & Volume, By Triple Cocoa Blend, 2021-2031F |
6.1.6 Philippines Cocoa Powder Market Revenues & Volume, By Bensdorp Dutch-Process Cocoa, 2021-2031F |
6.1.7 Philippines Cocoa Powder Market Revenues & Volume, By Cocoa Rouge, 2021-2031F |
6.1.8 Philippines Cocoa Powder Market Revenues & Volume, By Natural Cocoa, 2021-2031F |
6.2 Philippines Cocoa Powder Market, By End-Use Industry |
6.2.1 Overview and Analysis |
6.2.2 Philippines Cocoa Powder Market Revenues & Volume, By Chocolate & Confectionery, 2021-2031F |
6.2.3 Philippines Cocoa Powder Market Revenues & Volume, By Beverages, 2021-2031F |
6.2.4 Philippines Cocoa Powder Market Revenues & Volume, By Bakery, 2021-2031F |
6.2.5 Philippines Cocoa Powder Market Revenues & Volume, By Functional Food, 2021-2031F |
6.2.6 Philippines Cocoa Powder Market Revenues & Volume, By Cosmetics, 2021-2031F |
6.2.7 Philippines Cocoa Powder Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.3 Philippines Cocoa Powder Market, By Cocoa Variety |
6.3.1 Overview and Analysis |
6.3.2 Philippines Cocoa Powder Market Revenues & Volume, By Forastero, 2021-2031F |
6.3.3 Philippines Cocoa Powder Market Revenues & Volume, By Criollo, 2021-2031F |
6.3.4 Philippines Cocoa Powder Market Revenues & Volume, By Trinitario, 2021-2031F |
6.3.5 Philippines Cocoa Powder Market Revenues & Volume, By Other Cocoa Varieties, 2021-2031F |
6.4 Philippines Cocoa Powder Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Philippines Cocoa Powder Market Revenues & Volume, By Modern Trade, 2021-2031F |
6.4.3 Philippines Cocoa Powder Market Revenues & Volume, By Speciality Stores, 2021-2031F |
6.4.4 Philippines Cocoa Powder Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.4.5 Philippines Cocoa Powder Market Revenues & Volume, By Traditional Grocery Stores, 2021-2031F |
6.4.6 Philippines Cocoa Powder Market Revenues & Volume, By Online store, 2021-2031F |
6.4.7 Philippines Cocoa Powder Market Revenues & Volume, By Other Distribution Channels, 2021-2031F |
7 Philippines Cocoa Powder Market Import-Export Trade Statistics |
7.1 Philippines Cocoa Powder Market Export to Major Countries |
7.2 Philippines Cocoa Powder Market Imports from Major Countries |
8 Philippines Cocoa Powder Market Key Performance Indicators |
9 Philippines Cocoa Powder Market - Opportunity Assessment |
9.1 Philippines Cocoa Powder Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Philippines Cocoa Powder Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
9.3 Philippines Cocoa Powder Market Opportunity Assessment, By Cocoa Variety, 2021 & 2031F |
9.4 Philippines Cocoa Powder Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Philippines Cocoa Powder Market - Competitive Landscape |
10.1 Philippines Cocoa Powder Market Revenue Share, By Companies, 2024 |
10.2 Philippines Cocoa Powder Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |