Consumer Insights
Uncover trends and behaviors shaping consumer choices today
Procurement Insights
Optimize your sourcing strategy with key market data
Industry Stats
Stay ahead with the latest trends and market analysis.
Explore Our Diverse Range Of Offerings
From detailed reports to experts services offered in 15+
Industry Domains
Trending Now
Add 2 More Reports For 20% off
What's Impacting the Industry?
Impact of the Build America, Buy America Act?
- Overview of the Act and its key provisions
- Implications for Manufacturing and Sourcing
- Opportunities and Challenges for Market Participants
Impact of the New Political Administration
- Overview of the Administration's Energy and Infrastructure Policies
- Potential Changes in Regulations and Incentives
- Implications for Market Growth and Investment
- Impact on International Trade and Collaboration
Latest Updates
- Impact on International Trade and Collaboration
- EU's Digital Markets Act (DMA) and Digital Services Act (DSA)
- US Inflation Reduction Act (IRA) Provisions
Report Overview
The cocoa and chocolate market attained a value of about USD 143.43 Billion in 2024. The market is further estimated to grow at a CAGR of 5.10% in the forecast period of 2025-2034 to reach a value of around USD 235.87 Billion by 2034.
2024
Base Year
2018-2024
Historical Year
2025-2034
Forecast Year
Compound Annual Growth Rate
Value in USD Billion
5.1%
2025-2034
Cocoa and Chocolate Market Outlook
*this image is indicative*
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Rising Demand for Cocoa Powder Aiding the Market Growth of Cocoa and Chocolate
Cocoa powder is used in large quantities as a flavouring and colouring agent and is available in wide varieties. Based on ingredient, the demand for cocoa powder in the preparation of baked goods and confectionery is witnessing a surge. This can be attributed to the ability of cocoa powder to deliver deep, dark chocolate flavour that is hard to beat. The addition of cocoa powder to food preparations considerably impacts the properties of the end product, like the nutritional values and shelf life of the product. Additionally, fine particles and the negative zeta-potential of cocoa powder have a substantial impact on the texture of certain food items.
The increasing use of cocoa powder in preparing delicacies other than baked items, such as smoothies and yoghurt, along with other ingredients like dried fruits or fresh fruits, is aiding the market growth. Moreover, the increasing prevalence of diabetes is leading to the increased adoption of unsweetened cocoa powder that consists of polyphenols and antioxidants, which improves blood sugar and cholesterol levels. Also, theobromine found in cocoa powder helps reduce inflammation and eliminates the risk of heart disease, cancer, and diabetes. These factors have positively impacted the cocoa and chocolate market growth globally.
Purchase the Regional Overview for
USD 1099
If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Purchase the Regional Overview for
USD 1099
If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Purchase the Regional Overview for
USD 1099
If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Purchase the Regional Overview for
USD 1099
If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Market Segmentation
Cocoa ingredients are extracted, after multiple processes, from the cocoa bean or cocoa, which is the dried and fermented seed of Theobroma cacao. Cocoa ingredients are added to food products in order to enhance their flavour or taste. Chocolate is a processed food product made from roasted and ground cocoa seed kernels. Chocolates are used on their own and can also be used as an ingredient in desserts and beverages.
The market for cocoa, by ingredient, is divided into:
- Cocoa Butter
- Cocoa Liquor
- Cocoa Powder
Cocoa market based on application is segmented into:
- Food and Beverages
- Confectionery
- Dairy
- Bakery
- Others
- Cosmetics and Pharmaceuticals
- Others
The market for chocolate, by type, is divided into:
- Dark
- Milk
- White
- Others
Market Breakup by Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Growing Popularity of Chocolate Flavoured Products to Drive the Market Growth of Cocoa and Chocolate
The rising popularity of ready-to-eat foods and beverages with chocolate flavour is leading to the growth of the cocoa and chocolate market. The presence of chemicals like tryptophan in chocolates, which produces serotonin and offers happiness, is leading to their increased consumption. Additionally, cocoa butter is increasingly used in the cosmetic sector as a rich moisturiser as it contains fatty acids, which hydrate the skin deeply. Further, the rising inclination towards home baking and the expanding restaurant chains, bakeries, and confectionery shops are resulting in the increased demand for cocoa and chocolate.
The availability of different types of cocoa ingredients and chocolates, like cocoa butter, cocoa liquor, black chocolate, white chocolate, and others, is contributing to the market expansion. Additionally, the expanding distribution channels and the emergence of e-commerce are enabling the easy accessibility of cocoa and chocolate-based products.
The government initiatives towards boosting the production of cocoa to enhance its availability as a raw material for various products are accelerating the market development. For instance, in 2020, the Cocoa & Forests Initiative by the governments of Cote d’Ivoire and Ghana, along with 35 leading cocoa and chocolate companies, focused on teaching farmers to grow more cocoa on less land and aimed at sustainable cocoa production. Over the forecast period, the new product launches by the market players to expand their product portfolio are expected to further augment the market growth.
Key Players in the Global Market for Cocoa and Chocolate
The report gives a detailed analysis of the following key players in the global cocoa and chocolate market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Barry Callebaut AG
- Cargill Incorporated
- Nestlé S.A.
- Olam Food Ingredients (ofi)
- Cocoa Processing Company Limited (CPC)
- Mondelez International, Inc.
- Meiji Holdings Co., Ltd.
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
Our Top Selling Reports
Latin America Explosives Market
Animal Feed Micronutrients Market
Folding Electric Bicycle Market
Cocoa and Chocolate Market Report Snapshots
Cocoa and Chocolate Market Size
*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.*
Looking for specific insights?
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
Key Questions Answered in the Report
In 2024, the global cocoa and chocolate market attained a value of USD 143.43 Billion.
The cocoa and chocolate market is assessed to grow at a CAGR of 5.10% between 2025 and 2034.
The Global cocoa and chocolate market is anticipated to reach a value of USD 235.87 Billion in 2034.
The major market drivers include the expanding distribution channels, availability of different types of cocoa and chocolate, expanding food and beverage sector, increasing use of unsweetened cocoa powder due to multiple health benefits, rising inclination towards ready-to-eat food items, government initiatives to boost cocoa production, and adoption of home baking.
The key trends guiding the growth of the market include the growing popularity of chocolate flavour, its wide adoption in various food products and beverages, emergence of e-commerce channels, and new product launches by market players.
The major regions are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The significant types of chocolate include white, dark and milk, among others.
The various applications of cocoa include food and beverages, cosmetics, and pharmaceuticals, among others. Food and beverage is further divided into confectionery, bakery and dairy, among others.
The major players in the market are Barry Callebaut AG, Cargill Incorporated, Nestlé S.A., Olam Food Ingredients (ofi), Cocoa Processing Company Limited (CPC), Mondelez International, Inc., and Meiji Holdings Co., Ltd., among others.
Report Summary
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 | 2024 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Cocoa Ingredient |
|
| Breakup by Cococa Application |
|
| Breakup by Chocolate Type |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
- Report Delivery
- Purchase Advantages
- Access Duration
- Analyst Support
- Discount on Future Updates
- Customisation Options
- Customisation Requests
- Excel Data Sheet
- Online Access
- PDF Format
- PPT/Word Format
- 1 Print Allowed
- Bulk Purchase Discounts
- Full Report Access
- Multi-Device Access
- Unlimited Access
- One-Time Purchase
- 3-Month Trade Data Access
- Consultation Hours
- Email Support
- Phone Support
- Up to 15 Analyst Hours
- Up to 30 Analyst Hours
- 5% Discount
- 10% Discount
- 15% Discount
- 20% Discount
- Basic (Up to 10%)
- Advanced (Up to 50%)
- Dedicated Analyst Access
- Data Visualization Access
- Custom Data Queries
- Custom Report Layouts
- Tailored Custom Summaries
- Dashboard
- Purchase Advantages
- Report Delivery
- Access Duration
- Analyst Support
- Discount on Future Updates
- Customisation Options
- Customisation Requests
- 1 Print Allowed
- Full Report Access
- Bulk Purchase Discounts
- Multi-Device Access
- PDF Format
- Online Access
- Excel Data Sheet
- PPT/Word Format
- Unlimited Access
- One-Time Purchase
- 3-Month Trade Data Access
- Consultation Hours
- Email Support
- Phone Support
- Up to 15 Analyst Hours
- Up to 30 Analyst Hours
- 5% Discount
- 10% Discount
- 15% Discount
- 20% Discount
- Basic (Up to 10%)
- Advanced (Up to 50%)
- Dedicated Analyst Access
- Data Visualization Access
- Custom Data Queries
- Custom Report Layouts
- Tailored Custom Summaries
- Dashboard
- Purchase Advantages
- Analyst Support
- Report Delivery
- Access Duration
- Customisation Options
- Discount on Future Updates
- Customisation Requests
- 5 Prints Allowed
- Full Report Access
- Bulk Purchase Discounts
- Limited Device Access
- Email Support
- Phone Support
- Up to 15 Analyst Hours
- Up to 30 Analyst Hours
- PDF Format
- Online Access
- Excel Data Sheet
- PPT/Word Format
- Unlimited Access
- One-Time Purchase
- 3-Month Trade Data Access
- Consultation Hours
- Basic (Up to 10%)
- Advanced (Up to 50%)
- Dedicated Analyst Access
- Data Visualization Access
- 5% Discount
- 10% Discount
- 15% Discount
- 20% Discount
- Custom Data Queries
- Custom Report Layouts
- Tailored Custom Summaries
- Dashboard
- Report Delivery
- Purchase Advantages
- Customisation Options
- Customisation Requests
- Analyst Support
- Access Duration
- Discount on Future Updates
- PDF Format
- Excel Data Sheet
- PPT/Word Format
- Online Access
- Unlimited Prints Available
- Full Report Access
- Bulk Purchase Discounts
- Multi-Device Access
- Basic (Up to 10%)
- Advanced (Up to 50%)
- Dedicated Analyst Access
- Data Visualization Access
- Custom Data Queries
- Custom Report Layouts
- Tailored Custom Summaries
- Dashboard
- Email Support
- Phone Support
- Up to 15 Analyst Hours
- Up to 30 Analyst Hours
- Unlimited Access
- One-Time Purchase
- 3-Month Trade Data Access
- Consultation Hours
- 5% Discount
- 10% Discount
- 15% Discount
- 20% Discount
Datasheet
One User
USD 2,499
USD 2,249
tax inclusive*
- Selected Segments
- Printing Restrictions
- Excel Spreadsheet Delivered via Email
- Full Report
- Periodic Updates
- Post Sales Analysts Support
- Unlimited Prints
Single User License
One User
USD 3,999
USD 3,599
tax inclusive*
- All Segments
- Printing Restrictions
- PDF Delivered via Email
- Custom Report Layout
- Post Sales Analysts Support
- Periodic Updates
- Unlimited Prints
Five User License
Five User
USD 4,999
USD 4,249
tax inclusive*
- All Segments
- Five Prints Available
- PDF Delivered via Email
- Limited Free Customization
- Post Sales Analyst Support
- Custom Report Layout
- Periodic Updates
- Unlimited Prints
Corporate License
Unlimited Users
USD 5,999
USD 5,099
tax inclusive*
- All Segments
- Unlimited Prints Available
- PDF & Excel Delivery via Email
- Limited Free Customization
- Post Sales Analysts Support
- Discount On Next Update
- Custom Report Layout
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Bundle Type
Flash Bundle
20% OFF
Number of Reports: 3
Small Business Bundle
25% OFF
Number of Reports: 5
Growth Bundle
30% OFF
Number of Reports: 8
Enterprise Bundle
35% OFF
Number of Reports: 10
Overview
- Life Time Access
- Analyst Support Related to Report
- PDF Version of the Report
- Complimentary Excel Data Set
- Free Analyst Hours
- Complimentary Free 1 Month Subscription to Trade Data Base
- Complimentary One Month Subscription to Price Database (Chemicals only)
- Complementary PPT Version of the Report
- Complimentary License Upgrade
- Complimentary Power BI Dashboards
- Life Time Access
- Analyst Support Related to Report
- PDF Version of the Report
- Complimentary Excel Data Set
- Free Analyst Hours - 50 Hours
- Complimentary Free 1 Month Subscription to Trade Data Base
- Complimentary One Month Subscription to Price Database (Chemicals only)
- Complementary PPT Version of the Report
- Complimentary License Upgrade
- Complimentary Power BI Dashboards
- Life Time Access
- Analyst Support Related to Report
- PDF Version of the Report
- Complimentary Excel Data Set
- Free Analyst Hours - 80 Hours
- Complimentary Free 1 Month Subscription to Trade Data Base
- Complimentary One Month Subscription to Price Database (Chemicals only)
- Complementary PPT Version of the Report
- Complimentary License Upgrade
- Complimentary Power BI Dashboards
- Life Time Access
- Analyst Support Related to Report
- PDF Version of the Report
- Complimentary Excel Data Set
- Free Analyst Hours - 100 Hours
- Complimentary Free 1 Month Subscription to Trade Data Base
- Complimentary One Month Subscription to Price Database (Chemicals only)
- Complementary PPT Version of the Report
- Complimentary License Upgrade
- Complimentary Power BI Dashboards
*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*
- 3 Reports Included
- Life Time Acess
- Analyst Support Related to Report
- PDF Version of the Report
- Free 1 Month Subscription to Trade Data Base
- 1 Month Subscription to Price Database (Chemicals only)
- Complimentary Excel Data Set
- PPT Version of the Report
- Power BI Dashboards
- License Upgrade
- Free Analyst Hours
Small Business Bundle
Number of Reports: 5
25%
tax inclusive*
- 5 Reports Included
- Life Time Acess
- Analyst Support Related to Report
- PDF Version of the Report
- Complimentary Excel Data Set
- Free Analyst Hours - 50 Hours
- Free 1 Month Subscription to Trade Data Base
- 1 Month Subscription to Price Database (Chemicals only)
- Complimentary Excel Data Set
- PPT Version of the Report
- Power BI Dashboards
- License Upgrade
Growth Bundle
Number of Reports: 8
30%
tax inclusive*
- 8 Reports Included
- Life Time Acess
- Analyst Support Related to Report
- PDF Version of the Report
- Complimentary Excel Data Set
- Free Analyst Hours - 50 Hours
- Free 1 Month Subscription to Trade Data Base
- 1 Month Subscription to Price Database (Chemicals only)
- License Upgrade
- Free Analyst Hours - 80 Hours
- Power BI Dashboards
Enterprise Bundle
Number of Reports: 10
35%
tax inclusive*
- 10 Reports Included
- Life Time Acess
- Analyst Support Related to Report
- PDF Version of the Report
- Complimentary Excel Data Set
- Free Analyst Hours - 50 Hours
- Free 1 Month Subscription to Trade Data Base
- 1 Month Subscription to Price Database (Chemicals only)
- License Upgrade
- Power BI Dashboards
- Free Analyst Hours - 100 Hours
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
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.
Strategic Solutions for Informed Decision-Making
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
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.
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.
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.
- Our Insights Store:
-
Industry Statistics
-
Procurement Insights
-
Consumer Insights
Our Offices
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
Share