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Report Overview
The chocolate market attained a value of about USD 48.56 Billion in 2025. The market is further estimated to grow at a CAGR of 5.67% in the forecast period of 2026-2035 to reach a value of around USD 84.29 Billion by 2035. The global cocoa market reached about USD 25.48 Billion in 2025. Growth is driven by rising cocoa product demand, focus on sustainability, and tech innovations.
2025
Base Year
2019-2025
Historical Period
2026-2035
Forecast Period
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.
Cocoa and Chocolate Market Report Snapshots
*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.*
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Key Questions Answered in the Report
In 2025, the market reached an approximate value of USD 48.56 Billion.
The market is projected to grow at a CAGR of 5.67% between 2026 and 2035.
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.
Cocoa butter holds a leading share in the market due to its increasing use in the pharmaceutical and cosmetic sector.
Companies are prioritising sustainable cocoa sourcing to address environmental concerns and social issues such as child labor and deforestation. Programs like Nestlé’s Cocoa Plan and Barry Callebaut’s Forever Chocolate initiative emphasize traceability, farmer training, and community development. Moreover, chocolate producers are increasingly focussing on products innovation in terms or infusion of organic ingredients and new flavours.
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