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Global Cocoa Market to Grow at a CAGR of 4.71% over the Forecast Period of 2024-2032

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Global Cocoa Market Share, Size, Growth, Analysis, Forecast: By Type: Cocoa Butter, Cocoa Powder, Cocoa Liquor; By Application: Food and Beverages, Cosmetics and Pharmaceuticals, Others; Regional Analysis; Market Dynamics; Trade Data Analysis; Competitive Landscape; Key Trends and Developments in the Market; 2024-2032

Competitive Landscape

The market players are increasing their collaboration, partnership, and research and development activities to gain a competitive edge in the market

Barry Callebaut AG
TOUTON S.A.
Olam Food Ingredients (ofi)
Cemoi Group
Cargill, Incorporated
Cocoa Processing Company Limited (CPC)
ECOM Agroindustrial Corp. Limited
PRONATEC AG
Blommer Chocolate Company
Crown of Holland (Tradin Organic Agriculture B.V.)
Others

Cocoa Market Report Snapshots

Cocoa Market Size

Cocoa Market Trends

Cocoa Market Regional Analysis

Cocoa Companies

*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.

1   Preface
2   Report Coverage – Key Segmentation and Scope
3   Report Description
   3.1   Market Definition and Outlook
   3.2   Properties and Applications
   3.3   Market Analysis
   3.4   Key Players
4   Key Assumptions
5   Executive Summary
   5.1   Overview
   5.2   Key Drivers
   5.3   Key Developments
   5.4   Competitive Structure
   5.5   Key Industrial Trends
6   Market Snapshot
   6.1   Global
   6.2   Regional
7   Opportunities and Challenges in the Market
8   Global Cocoa Market Analysis
   8.1   Key Industry Highlights
   8.2   Global Cocoa Historical Market (2018-2023)
   8.3   Global Cocoa Market Forecast (2024-2032)
   8.4   Global Cocoa Market by Type
       8.4.1   Cocoa Butter
           8.4.1.1 Historical Trend (2018-2023)
           8.4.1.2 Forecast Trend (2024-2032)
       8.4.2   Cocoa Powder
           8.4.2.1 Historical Trend (2018-2023)
           8.4.2.2 Forecast Trend (2024-2032)
       8.4.3   Cocoa Liquor
           8.4.3.1 Historical Trend (2018-2023)
           8.4.3.2 Forecast Trend (2024-2032)
   8.5   Global Cocoa Market by Application
       8.5.1   Food and Beverages
           8.5.1.1 Historical Trend (2018-2023)
           8.5.1.2 Forecast Trend (2024-2032)
           8.5.1.3 Breakup by Type
               8.5.1.3.1   Confectionery
                   8.5.1.3.1.1 Historical Trend (2018-2023)
                   8.5.1.3.1.2 Forecast Trend (2024-2032)
               8.5.1.3.2   Dairy
                   8.5.1.3.2.1 Historical Trend (2018-2023)
                   8.5.1.3.2.2 Forecast Trend (2024-2032)
               8.5.1.3.3   Bakery
                   8.5.1.3.3.1 Historical Trend (2018-2023)
                   8.5.1.3.3.2 Forecast Trend (2024-2032)
               8.5.1.3.4   Others
       8.5.2   Cosmetics and Pharmaceuticals
           8.5.2.1 Historical Trend (2018-2023)
           8.5.2.2 Forecast Trend (2024-2032)
       8.5.3   Others
   8.6   Global Cocoa Market by Region
       8.6.1   North America
           8.6.1.1 Historical Trend (2018-2023)
           8.6.1.2 Forecast Trend (2024-2032)
       8.6.2   Europe
           8.6.2.1 Historical Trend (2018-2023)
           8.6.2.2 Forecast Trend (2024-2032)
       8.6.3   Asia Pacific
           8.6.3.1 Historical Trend (2018-2023)
           8.6.3.2 Forecast Trend (2024-2032)
       8.6.4   Latin America
           8.6.4.1 Historical Trend (2018-2023)
           8.6.4.2 Forecast Trend (2024-2032)
       8.6.5   Middle East and Africa
           8.6.5.1 Historical Trend (2018-2023)
           8.6.5.2 Forecast Trend (2024-2032)
9   North America Cocoa Market Analysis
   9.1   Market by Type
   9.2   Market by Application
   9.3   Market by Country
       9.3.1   United States of America
           9.3.1.1 Historical Trend (2018-2023)
           9.3.1.2 Forecast Trend (2024-2032)
       9.3.2   Canada
           9.3.2.1 Historical Trend (2018-2023)
           9.3.2.2 Forecast Trend (2024-2032)
10   Europe Cocoa Market Analysis
   10.1   Market by Type
   10.2   Market by Application
   10.3   Market by Country
       10.3.1   United Kingdom
           10.3.1.1 Historical Trend (2018-2023)
           10.3.1.2 Forecast Trend (2024-2032)
       10.3.2   Germany
           10.3.2.1 Historical Trend (2018-2023)
           10.3.2.2 Forecast Trend (2024-2032)
       10.3.3   France
           10.3.3.1 Historical Trend (2018-2023)
           10.3.3.2 Forecast Trend (2024-2032)
       10.3.4   Italy
           10.3.4.1 Historical Trend (2018-2023)
           10.3.4.2 Forecast Trend (2024-2032)
       10.3.5   Others
11   Asia Pacific Cocoa Market Analysis
   11.1   Market by Type
   11.2   Market by Application
   11.3   Market by Country
       11.3.1   China
           11.3.1.1 Historical Trend (2018-2023)
           11.3.1.2 Forecast Trend (2024-2032)
       11.3.2   Japan
           11.3.2.1 Historical Trend (2018-2023)
           11.3.2.2 Forecast Trend (2024-2032)
       11.3.3   India
           11.3.3.1 Historical Trend (2018-2023)
           11.3.3.2 Forecast Trend (2024-2032)
       11.3.4   ASEAN
           11.3.4.1 Historical Trend (2018-2023)
           11.3.4.2 Forecast Trend (2024-2032)
       11.3.5   Australia
           11.3.5.1 Historical Trend (2018-2023)
           11.3.5.2 Forecast Trend (2024-2032)
       11.3.6   Others
12   Latin America Cocoa Market Analysis
   12.1   Market by Type
   12.2   Market by Application
   12.3   Market by Country
       12.3.1   Brazil
           12.3.1.1 Historical Trend (2018-2023)
           12.3.1.2 Forecast Trend (2024-2032)
       12.3.2   Argentina
           12.3.2.1 Historical Trend (2018-2023)
           12.3.2.2 Forecast Trend (2024-2032)
       12.3.3   Mexico
           12.3.3.1 Historical Trend (2018-2023)
           12.3.3.2 Forecast Trend (2024-2032)
       12.3.4   Others
13   Middle East and Africa Cocoa Market Analysis
   13.1   Market by Type
   13.2   Market by Application
   13.3   Market by Country
       13.3.1   Saudi Arabia
           13.3.1.1 Historical Trend (2018-2023)
           13.3.1.2 Forecast Trend (2024-2032)
       13.3.2   United Arab Emirates
           13.3.2.1 Historical Trend (2018-2023)
           13.3.2.2 Forecast Trend (2024-2032)
       13.3.3   Nigeria
           13.3.3.1 Historical Trend (2018-2023)
           13.3.3.2 Forecast Trend (2024-2032)
       13.3.4   South Africa
           13.3.4.1 Historical Trend (2018-2023)
           13.3.4.2 Forecast Trend (2024-2032)
       13.3.5   Others
14   Market Dynamics
   14.1   SWOT Analysis
       14.1.1   Strengths
       14.1.2   Weaknesses
       14.1.3   Opportunities
       14.1.4   Threats
   14.2   Porter’s Five Forces Analysis
       14.2.1   Supplier’s Power
       14.2.2   Buyer’s Power
       14.2.3   Threat of New Entrants
       14.2.4   Degree of Rivalry
       14.2.5   Threat of Substitutes
   14.3   Key Indicators for Demand
   14.4   Key Indicators for Price
15   Value Chain Analysis
16   Trade Data Analysis (HS Code - 1806)
   16.1   Major Importing Countries
       16.1.1   By Volume
       16.1.2   By Value
   16.2   Major Exporting Countries
       16.2.1   By Volume
       16.2.2   By Value
17   Price Analysis
   17.1   Cocoa Butter Historical Price Trends (2018-2023) and Forecast (2024-2032)
       17.1.1   North America
       17.1.2   Europe
       17.1.3   Asia Pacific
       17.1.4   Latin America
       17.1.5   Middle East and Africa
   17.2   Cocoa Powder Historical Price Trends (2018-2023) and Forecast (2024-2032)
       17.2.1   North America
       17.2.2   Europe
       17.2.3   Asia Pacific
       17.2.4   Latin America
       17.2.5   Middle East and Africa
   17.3   Cocoa Liquor Historical Price Trends (2018-2023) and Forecast (2024-2032)
       17.3.1   North America
       17.3.2   Europe
       17.3.3   Asia Pacific
       17.3.4   Latin America
       17.3.5   Middle East and Africa
18   Competitive Landscape
   18.1 Market Structure
18.2 Company Profiles
18.2.1 Barry Callebaut AG
18.2.6.1 Company Overview
18.2.6.2 Product Portfolio
18.2.6.3 Demographic Reach and Achievements
18.2.6.4 Certifications
18.2.2 TOUTON S.A.
18.2.2.1 Company Overview
18.2.2.2 Product Portfolio
18.2.2.3 Demographic Reach and Achievements
18.2.2.4 Certifications
18.2.3 Olam Food Ingredients (ofi)
18.2.3.1 Company Overview
18.2.3.2 Product Portfolio
18.2.3.3 Demographic Reach and Achievements
18.2.3.4 Certifications
18.2.4 Cemoi Group
18.2.4.1 Company Overview
18.2.4.2 Product Portfolio
18.2.4.3 Demographic Reach and Achievements
18.2.4.4 Certifications
18.2.5 Cargill, Incorporated
18.2.5.1 Company Overview
18.2.5.2 Product Portfolio
18.2.5.3 Demographic Reach and Achievements
18.2.5.4 Certifications
18.2.6 Cocoa Processing Company Limited (CPC)
18.2.6.1 Company Overview
18.2.6.2 Product Portfolio
18.2.6.3 Demographic Reach and Achievements
18.2.6.4 Certifications
18.2.7 ECOM Agroindustrial Corp. Limited
18.2.7.1 Company Overview
18.2.7.2 Product Portfolio
18.2.7.3 Demographic Reach and Achievements
18.2.7.4 Certifications
18.2.8 PRONATEC AG
18.2.8.1 Company Overview
18.2.8.2 Product Portfolio
18.2.8.3 Demographic Reach and Achievements
18.2.8.4 Certifications
18.2.9 Blommer Chocolate Company
18.2.9.1 Company Overview
18.2.9.2 Product Portfolio
18.2.9.3 Demographic Reach and Achievements
18.2.9.4 Certifications
18.2.10 Crown of Holland (Tradin Organic Agriculture B.V.)
18.2.10.1 Company Overview
18.2.10.2 Product Portfolio
18.2.10.3 Demographic Reach and Achievements
18.2.10.4 Certifications
18.2.11 Others
19   Key Trends and Developments in the Market

List of Key Figures and Tables

1.   Global Cocoa Market: Key Industry Highlights, 2018 and 2032
2.   Global Cocoa Historical Market: Breakup by Type (USD Million), 2018-2023
3.   Global Cocoa Market Forecast: Breakup by Type (USD Million), 2024-2032
4.   Global Cocoa Historical Market: Breakup by Application (USD Million), 2018-2023
5.   Global Cocoa Market Forecast: Breakup by Application (USD Million), 2024-2032
6.   Global Cocoa Historical Market: Breakup by Region (USD Million), 2018-2023
7.   Global Cocoa Market Forecast: Breakup by Region (USD Million), 2024-2032
8.   North America Cocoa Historical Market: Breakup by Country (USD Million), 2018-2023
9.   North America Cocoa Market Forecast: Breakup by Country (USD Million), 2024-2032
10.   Europe Cocoa Historical Market: Breakup by Country (USD Million), 2018-2023
11.   Europe Cocoa Market Forecast: Breakup by Country (USD Million), 2024-2032
12.   Asia Pacific Cocoa Historical Market: Breakup by Country (USD Million), 2018-2023
13.   Asia Pacific Cocoa Market Forecast: Breakup by Country (USD Million), 2024-2032
14.   Latin America Cocoa Historical Market: Breakup by Country (USD Million), 2018-2023
15.   Latin America Cocoa Market Forecast: Breakup by Country (USD Million), 2024-2032
16.   Middle East and Africa Cocoa Historical Market: Breakup by Country (USD Million), 2018-2023
17.   Middle East and Africa Cocoa Market Forecast: Breakup by Country (USD Million), 2024-2032
18.   Major Importing Countries by Value
19.   Major Exporting Countries by Value
20.   Major Importing Countries by Volume
21.   Major Exporting Countries by Volume
22.   Cocoa Butter Historical Price Trends and Forecast (2018-2032)
23.   Cocoa Powder Historical Price Trends and Forecast (2018-2032)
24.   Cocoa Liquid Historical Price Trends and Forecast (2018-2032)
25.   Global Cocoa Market Structure

Key Questions Answered in the Report

What was the global cocoa market value in 2023?

In 2023, the cocoa market attained a value of nearly USD 26.709 billion.

What is the growth rate of the global cocoa market?

The market is assessed to grow at a CAGR of 4.71% between 2024 and 2032.

What is the global cocoa market forecast for 2024-2032?

The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach about USD 36.426 billion by 2032.

What are the health benefits of cocoa?

Cocoa is rich in flavonols that enhance heart health and improve blood flow. Further, antioxidants in cocoa help to improve cholesterol and blood sugar levels.

How does cocoa enhance skin health?

The theobromine present in cocoa powder increases blood flow to the skin's surface, making it brighter. The vitamin C present helps fade dark spots and reduces hyperpigmentation.

What are the major market drivers?

The major drivers of the cocoa market include a rapidly growing demand for organic or sustainable variants of the product, the higher nutritional content of the product, and expanding end-use markets.

What are the key trends of the market?

The key trends supporting the market growth are the availability of high-yield cocoa bean varieties, awareness of the health benefits of cocoa, and the demand for premium and organic cocoa products.

What are the major regional markets of cocoa, according to the EMR report?

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

What are the major types of cocoa?

The major types of cocoa in the market are cocoa butter, cocoa powder, and cocoa liquor.

Who are the key players in the cocoa industry, according to the report?

The major players in the market are Barry Callebaut AG, TOUTON S.A., Olam Food Ingredients (ofi), Cemoi Group, Cargill, Incorporated, Cocoa Processing Company Limited (CPC), ECOM Agroindustrial Corp. Limited, PRONATEC AG, Blommer Chocolate Company, and Crown of Holland (Tradin Organic Agriculture B.V.), among others.

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