The Canada cocoa market size was valued at USD 483.99 Million in 2025. The market is further projected to grow at a CAGR of 5.60% between 2026 and 2035, reaching a value of USD 834.59 Million by 2035.
Base Year
Historical Period
Forecast Period
In 2019, Canadian households spent an average of USD 88 on chocolate bars. Newfoundland and Labrador led the way, spending USD 122 per household on chocolate bars, which positively impacted Canada cocoa market share.
As per industry reports, households spent an extra USD 11 on baking chocolate, cocoa, and chocolate substitutes.
In December 2021, 135 businesses nationwide were in the chocolate and chocolate confectionery manufacturing industry.
In 2021, there was a total availability of 1.41 kilograms of cocoa (green bean equivalent) per Canadian.
Compound Annual Growth Rate
5.6%
Value in USD Million
2026-2035
*this image is indicative*
One of the key drivers of the cocoa market in Canada is the increasing demand for cocoa-based products. Cocoa is used in a wide range of products, including chocolate, cocoa powder, cocoa butter, and cocoa liquor, which are used in various applications in the food and beverage industry. In April 2022, the industry manufactured and shipped nearly USD 200 million worth of premium chocolate products to distributors, bakeries, and retailers.
The growing popularity of dark chocolate among health-conscious consumers due to its antioxidants and mineral rich nutrient profile is also propelling the Canada cocoa market growth. The demand for dark chocolate with at least 70% cacao is expected to grow significantly in the coming years, creating a huge market opportunity for cocoa producers. Moreover, the demand for dark chocolate bars with added functional ingredients, such as probiotics, is growing in Canada, driving the growth of the cocoa market.
The market is also being shaped by several trends, including the increasing demand for sustainable cocoa products, the growing popularity of single-origin cocoa, and the increasing demand for fair trade cocoa. Companies such as Camino, Divine Chocolate, and Green & Black's, which offer organic and fair-trade cocoa products, have gained popularity in Canada.
Meanwhile, single-origin cocoa is gaining popularity among consumers due to its unique flavour profile and sustainable production methods. For example, chocolate bars made with single-origin cocoa from countries such as Ecuador, Madagascar, and Venezuela are influencing Canada cocoa market development.
"Canada Cocoa Market Report and Forecast 2026-2035" offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Market Breakup by Application
Market Breakup by Region
Market players are engaged in fair trade practises to ensure the delivery of fine quality cocoa to food & beverage industries to stay ahead in the competition.
Upto 15% Off
USD
$2499 $2249
$3999 $3599
$4999 $4249
$5999 $5099
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
In 2025, the market reached an approximate value of USD 483.99 Million.
The market is expected to grow at a CAGR of 5.60% between 2026 and 2035.
The market is estimated to witness a healthy growth in the forecast period of 2026-2035 to reach USD 834.59 Million by 2035.
The market is being driven due to the increasing demand for cocoa-based products, the growing popularity of dark chocolate, and the rising health consciousness among consumers.
Key trends aiding the market expansion include the increasing demand for sustainable cocoa products, the growing popularity of single-origin cocoa, and the increasing demand for fair trade cocoa.
Regions considered in the market are Northern Canada, British Columbia, Alberta, The Prairies, Central Canada, and Atlantic Canada.
By application, the market can be segmented into food and beverages (confectionery, dairy, bakery, among others), cosmetics and pharmaceuticals, among others.
Based on type, the market segmentations include cocoa butter, cocoa powder, and cocoa liquor.
Key players in the market are Barry Callebaut AG, Cargill, Incorporated, Blommer Chocolate Company, and Canada Cacao Company Inc., among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Type |
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
Datasheet
One User
USD 2,499
USD 2,249
tax inclusive*
Single User License
One User
USD 3,999
USD 3,599
tax inclusive*
Five User License
Five User
USD 4,999
USD 4,249
tax inclusive*
Corporate License
Unlimited Users
USD 5,999
USD 5,099
tax inclusive*
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Flash Bundle
Small Business Bundle
Growth Bundle
Enterprise Bundle
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Flash Bundle
Number of Reports: 3
20%
tax inclusive*
Small Business Bundle
Number of Reports: 5
25%
tax inclusive*
Growth Bundle
Number of Reports: 8
30%
tax inclusive*
Enterprise Bundle
Number of Reports: 10
35%
tax inclusive*
How To Order
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
Share