The European Unsweetened Cocoa Powder Market in 2023 shows Italy leading with significant volume, followed by Poland and Belgium. Countries like Hungary and Romania maintain moderate shares, while Sweden experienced a negative growth, unlike Greece and Finland, which saw substantial year-on-year increases. Slovakia also showed positive growth, whereas Denmark, Croatia, and Sweden encountered declines. Over the past five years, there has been a modest growth trend across most countries.
Future trends to monitor include potential market expansions in Greece and Finland due to robust recent growth and several emerging markets, such as Lithuania and Slovakia, which could capitalize on increasing demand for healthier food products.
Top countries in Unsweetened Cocoa Powder Market Size Volume Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 30.49 | 2023 | +2.8% | +2.88% | View data |
| 2 | 2 Poland | 24.45 | 2023 | +2.78% | +2.04% | View data |
| 3 | 3 Belgium | 17.57 | 2023 | +1.8% | +1.66% | View data |
| 4 | 4 Hungary | 6.67 | 2023 | +0.83% | -0.39% | View data |
| 5 | 5 Romania | 5.52 | 2023 | +1.06% | +0.66% | View data |
| 6 | 6 Greece | 4.52 | 2023 | +2.03% | +3.31% | View data |
| 7 | 7 Sweden | 4.51 | 2023 | -1.65% | -4.71% | View data |
| 8 | 8 Slovakia | 2.28 | 2023 | +1.66% | +2.48% | View data |
| 9 | 9 Denmark | 1.61 | 2023 | -2.53% | -1.09% | View data |
| 10 | 10 Croatia | 0.94 | 2023 | -1.16% | -2.93% | View data |
