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United Kingdom Cocoa Market Size, Share, Growth, Statistics: By Type: Cocoa Butter, Cocoa Powder, Cocoa Liquor; By Application: Food and Beverages, Cosmetics and Pharmaceuticals, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Value Chain Analysis; Competitive Landscape; 2024-2032
United Kingdom Cocoa Market Size
The United Kingdom cocoa market is projected to grow at a CAGR of 2.83% between 2024 and 2032.
United Kingdom Cocoa Market Outlook
- According to the World Bank, the United Kingdom had a population of 66,971,395 with 17% belonging to the under 14 age group in 2022.
- According to the Office of National Statistics, the UK population is projected to rise by 3.2%. to 69.2 million by 2030.
- There is a growing preference of different texture and flavour of chocolates, thus driving the demand for cocoa products in the country.
United Kingdom Cocoa Market Growth
Cocoa butter is a vital ingredient in the creation of chocolate confections. They are extracted from cocoa seeds, impart good colour and texture to the food products, and enhance their taste. Due to their versatile properties, they are not limited to the food industry, they are also used as moisturising agents in the cosmetics and pharmaceutical industries. Also, the demand for premium chocolates is rising, and there is a huge demand for cocoa butters on the market.
In March 2024, Mondelez International Cadbury released two new dairy milk chocolate bars in United Kingdom supermarkets, named Nutty Praline Crisp and Caramel Nut Crunch. These additions featured larger chunks with varied textures and layers. Maria Jackson from Mondelez International highlighted their innovative nature, promising indulgence with every bite. The bars come in 180- and 200-gramme packings, respectively, and are retailed for £2.75.
Cocoa powder is a side product of cocoa butter and provides dry and powdery forms of cocoa extracts. Used as a chocolaty taste enhancer for industries like baking and beverage industries and gives deep colouration to food products. Due to increasing demand for chocolate-flavoured food products, there has been a sharp rise in the market share of cocoa powder.
United Kingdom Cocoa Market Segmentation
United Kingdom Cocoa Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
- Cocoa Butter
- Cocoa Powder
- Cocoa Liquor
Market Breakup by Application
- Food and Beverages
- Confectionery
- Dairy
- Bakery
- Others
- Cosmetics and Pharmaceuticals
- Others
Market Segmentation by Region
- England
- Wales
- Scotland
- Northern Ireland
United Kingdom Cocoa Market Share
The cocoa market is segmented by application into food and beverages and confectionery. In the United Kingdom, the confectionery segment products are tailored to provide rich flavours and textures. Over the forecast period, the food and beverage segment is expected to witness significant growth, driven by increasing demand for cocoa-infused products due to changing consumer preferences and dietary habits. This rise in demand is fueled by cocoa's versatility and its health benefits.
Leading Companies in the United Kingdom Cocoa Market
The report provides a detailed analysis of the following key players in the market, covering their competitive landscape and the latest developments like mergers and acquisitions, investments, and capacity expansion.
- Cargill Inc.
- Barry Callebaut AG
- Nestle S.A.
- Mondelez International, Inc.
- BASF SE
- Buhler AG
- Ferrero International S.A.
- Mars Inc.
- Forever Cacao
- GCB Cocoa UK Ltd.
- Others
Major companies in the cocoa market are enhancing their presence by opening speciality stores in strategic locations such as airports and shopping malls. This approach boosts brand visibility among international tourists and contributes to market growth. By establishing these stores in high-traffic areas, cocoa manufacturers can attract a diverse customer base and showcase their products to a global audience, thereby driving overall sales.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*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
7 Opportunities and Challenges in the Market
8 Europe Cocoa Market Overview
8.1 Key Industry Highlights
8.2 Europe Cocoa Historical Market (2018-2023)
8.3 Europe Cocoa Market Forecast (2024-2032)
9 United Kingdom Cocoa Market Overview
9.1 Key Industry Highlights
9.2 United Kingdom Cocoa Historical Market (2018-2023)
9.3 United Kingdom Cocoa Market Forecast (2024-2032)
10 United Kingdom Cocoa Market by Type
10.1 Cocoa Butter
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Cocoa Powder
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Cocoa Liquor
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
11 United Kingdom Cocoa Market by Application
11.1 Food and Beverages
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.1.3 Breakup By Type
11.1.3.1 Confectionery
11.1.3.2 Dairy
11.1.3.3 Bakery
11.1.3.4 Others
11.2 Cosmetics and Pharmaceuticals
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Others
12 United Kingdom Cocoa Market by Region
12.1 England
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Wales
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Scotland
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Northern Ireland
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyer’s Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Value Chain Analysis
15 Trade Data Analysis (HS Code – 1803, 1804, 1805)
15.1 Major Exporting Countries
15.1.1 By Value
15.1.2 By Volume
15.2 Major Importing Countries
15.2.1 By Value
15.2.2 By Volume
16 Price Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Cargill Inc.
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Barry Callebaut AG
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Nestle S.A.
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Mondelez International, Inc.
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 BASF SE
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Buhler AG
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.2.7 Ferrero International S.A.
17.2.7.1 Company Overview
17.2.7.2 Product Portfolio
17.2.7.3 Demographic Reach and Achievements
17.2.7.4 Certifications
17.2.8 Mars Inc.
17.2.8.1 Company Overview
17.2.8.2 Product Portfolio
17.2.8.3 Demographic Reach and Achievements
17.2.8.4 Certifications
17.2.9 Forever Cacao
17.2.9.1 Company Overview
17.2.9.2 Product Portfolio
17.2.9.3 Demographic Reach and Achievements
17.2.9.4 Certifications
17.2.10 GCB Cocoa UK Ltd.
17.2.10.1 Company Overview
17.2.10.2 Product Portfolio
17.2.10.3 Demographic Reach and Achievements
17.2.10.4 Certifications
17.2.11 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Europe Cocoa Market: Key Industry Highlights, 2018 and 2032
2. United Kingdom Cocoa Market: Key Industry Highlights, 2018 and 2032
3. United Kingdom Cocoa Historical Market: Breakup by Type (USD Million), 2018-2023
4. United Kingdom Cocoa Market Forecast: Breakup by Type (USD Million), 2024-2032
5. United Kingdom Cocoa Historical Market: Breakup by Application (USD Million), 2018-2023
6. United Kingdom Cocoa Market Forecast: Breakup by Application (USD Million), 2024-2032
7. United Kingdom Cocoa Historical Market: Breakup by Region (USD Million), 2018-2023
8. United Kingdom Cocoa Market Forecast: Breakup by Region (USD Million), 2024-2032
9. Major Exporting Countries by Value
10. Major Importing Countries by Value
11. Major Exporting Countries by Volume
12. Major Importing Countries by Volume
13. United Kingdom Cocoa Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 2.83% between 2024 and 2032.
The cocoa market is categorised based on application, which includes food, beverage, cosmetics and pharmaceuticals industry.
Based on type, the market is divided into cocoa butter, cocoa powder and cocoa liquor.
The key players in the cocoa market are Cargill Inc., Barry Callebaut AG, Nestle S.A., Mondelez International, Inc., BASF SE, Buhler AG, Ferrero International S.A., Mars Inc., Forever Cacao, and GCB Cocoa UK Ltd., among others.
Based on region, the market is broken down into England, Wales, Scotland and Northern Ireland.
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