The Cocoa & Chocolate market encompasses a wide range of products derived from cocoa beans, including cocoa butter, cocoa liquor, and cocoa powder, which are essential in the production of chocolate. Cocoa, a key ingredient, provides unique taste, flavor, and texture to food products, while also offering nutritional and functional benefits. Cocoa butter, prized for its favorable properties such as its melting point and contraction ability, gives chocolate its signature melt-in-the-mouth sensation, and it allows chocolates to easily release from molds during production. In addition to its role in confections, cocoa is also used to mask the bitter taste of medicinal tablets, making it a versatile ingredient in pharmaceutical applications.
The global Cocoa & Chocolate market was valued at US$ 61030 million in 2023 and is anticipated to reach US$ 81070 million by 2030, witnessing a CAGR of 4.2% during the forecast period 2024-2030.
The chocolate segment dominates the market, as it is the primary use of cocoa ingredients, followed by other applications such as food and beverage production, cosmetics, and pharmaceuticals. Beyond taste, cocoa products are valued for their health benefits, including their antioxidant properties, which contribute to their use in beauty and health-related industries. As a result, the market for cocoa and chocolate is broad, extending across several sectors, from confectionery to wellness products.
麻豆原创 Overview
The global Cocoa & Chocolate market is highly competitive, with major players like Barry Callebaut, Cargill, Nestle SA, Mars, and Fuji Oil leading the industry. These top five manufacturers collectively account for approximately 50% of the global market share. Barry Callebaut, a Swiss company, holds a dominant position due to its extensive product portfolio and wide-ranging distribution network. Cargill, an American agribusiness, is another significant player, supplying cocoa products to a variety of industries. Nestle, Mars, and Fuji Oil also play crucial roles in both the cocoa and chocolate sectors, producing well-known branded products and supplying essential ingredients to food and beverage manufacturers worldwide.
Europe is the largest market for cocoa and chocolate, with a market share of around 35%. This is driven by the region鈥檚 strong tradition of chocolate consumption, advanced manufacturing capabilities, and proximity to key cocoa-producing regions. North America and Southeast Asia follow, jointly accounting for another 35% of the global market. North America鈥檚 demand is fueled by the popularity of chocolate and other cocoa-based products, while Southeast Asia is emerging as a growing market due to increasing disposable incomes and a rising appetite for confectionery and other luxury food items.
麻豆原创 Trends and Growth Drivers
The cocoa and chocolate market is characterized by steady growth, with chocolate being the largest product segment, accounting for around 70% of the market. This dominance is largely driven by the high demand for chocolate products in confectionery, which remains the primary application for cocoa ingredients. The confectionery sector alone represents a significant portion of global cocoa consumption, with chocolate bars, candies, and premium chocolates leading sales. The food and beverage industry is another key driver of demand, with cocoa ingredients being used in a variety of products, including desserts, beverages, and dairy-based goods.
The cosmetics and pharmaceutical industries are also emerging as important sectors for cocoa-based products. Cocoa butter is widely used in skincare and beauty products due to its moisturizing and nourishing properties, making it a sought-after ingredient in lotions, creams, and lip balms. In pharmaceuticals, chocolate鈥檚 ability to mask unpleasant tastes has led to its use in medicinal tablets and supplements, further expanding the market for cocoa products.
Geographically, Europe remains the largest consumer market for cocoa and chocolate products, largely due to the high demand for premium chocolate and the region鈥檚 established chocolate-making heritage. However, emerging markets in Asia, particularly Southeast Asia, are becoming increasingly important as consumer preferences shift toward Western-style confections and luxury chocolate products. The growing middle class in countries like China and India is also contributing to increased consumption of chocolate, driving demand for cocoa in the region.
Challenges in the cocoa and chocolate market include fluctuations in cocoa bean prices, which can impact production costs and profitability for manufacturers. Additionally, increasing concerns about sustainable sourcing and ethical labor practices, particularly in cocoa-producing regions in West Africa, are shaping consumer expectations and influencing the way companies approach their supply chains. Despite these challenges, the market is expected to continue growing, driven by ongoing demand in traditional markets and emerging opportunities in new regions.
This report aims to provide a comprehensive presentation of the global market for Cocoa & Chocolate, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Cocoa & Chocolate.
The Cocoa & Chocolate market size, estimations, and forecasts are provided in terms of sales volume (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Cocoa & Chocolate market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Cocoa & Chocolate manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
麻豆原创 Segmentation
By Company
Barry Callebaut
Cargill
Nestle SA
Mars
Hershey
FUJI OIL
Olam
Puratos
颁茅尘辞颈
Irca
NATRA
Kerry Group
Ferrero
ECOM
Guan Chong
Mondelez
Clasen
Morde Foods
EUROCAO
DP Chocolates
Cocoa-linna
Apple Flavor & Fragrance Group
Shanghai Yicheng Food
by Type
Cocoa
Chocolate
by Application
Confectionery
Bakery
Ice Cream
Others
Production by Region
North America
Europe
China
Japan
Southeast Asia
India
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Europe
Germany
France
U.K.
Italy
Russia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Cocoa & Chocolate manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Cocoa & Chocolate in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 9: The main points and conclusions of the report.
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1 Cocoa & Chocolate 麻豆原创 Overview
1.1 Product Definition
1.2 Cocoa & Chocolate by Type
1.2.1 Global Cocoa & Chocolate 麻豆原创 Value Comparison by Type (2024-2030)
1.2.2 Cocoa
1.2.3 Chocolate
1.3 Cocoa & Chocolate by Application
1.3.1 Global Cocoa & Chocolate 麻豆原创 Value by Application (2024-2030)
1.3.2 Confectionery
1.3.3 Bakery
1.3.4 Ice Cream
1.3.5 Others
1.4 Global Cocoa & Chocolate 麻豆原创 Size Estimates and Forecasts
1.4.1 Global Cocoa & Chocolate Revenue 2019-2030
1.4.2 Global Cocoa & Chocolate Sales 2019-2030
1.4.3 Global Cocoa & Chocolate 麻豆原创 Average Price (2019-2030)
1.5 Assumptions and Limitations
2 Cocoa & Chocolate 麻豆原创 Competition by Manufacturers
2.1 Global Cocoa & Chocolate Sales 麻豆原创 Share by Manufacturers (2019-2024)
2.2 Global Cocoa & Chocolate Revenue 麻豆原创 Share by Manufacturers (2019-2024)
2.3 Global Cocoa & Chocolate Average Price by Manufacturers (2019-2024)
2.4 Global Key Players of Cocoa & Chocolate, Industry Ranking, 2022 VS 2023 VS 2024
2.5 Global Key Manufacturers of Cocoa & Chocolate, Manufacturing Sites & Headquarters
2.6 Global Key Manufacturers of Cocoa & Chocolate, Product Type & Application
2.7 Global Key Manufacturers of Cocoa & Chocolate, Date of Enter into This Industry
2.8 Global Cocoa & Chocolate 麻豆原创 Competitive Situation and Trends
2.8.1 Global Cocoa & Chocolate 麻豆原创 Concentration Rate
2.8.2 The Global 5 and 10 Largest Cocoa & Chocolate Players 麻豆原创 Share by Revenue
2.8.3 Global Cocoa & Chocolate 麻豆原创 Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.9 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Global Cocoa & Chocolate 麻豆原创 Scenario by Region
3.1 Global Cocoa & Chocolate 麻豆原创 Size by Region: 2019 Versus 2023 Versus 2030
3.2 Global Cocoa & Chocolate Sales by Region: 2019-2030
3.2.1 Global Cocoa & Chocolate Sales by Region: 2019-2024
3.2.2 Global Cocoa & Chocolate Sales by Region: 2025-2030
3.3 Global Cocoa & Chocolate Revenue by Region: 2019-2030
3.3.1 Global Cocoa & Chocolate Revenue by Region: 2019-2024
3.3.2 Global Cocoa & Chocolate Revenue by Region: 2025-2030
3.4 North America Cocoa & Chocolate 麻豆原创 Facts & Figures by Country
3.4.1 North America Cocoa & Chocolate 麻豆原创 Size by Country: 2019 VS 2023 VS 2030
3.4.2 North America Cocoa & Chocolate Sales by Country (2019-2030)
3.4.3 North America Cocoa & Chocolate Revenue by Country (2019-2030)
3.4.4 U.S.
3.4.5 Canada
3.5 Europe Cocoa & Chocolate 麻豆原创 Facts & Figures by Country
3.5.1 Europe Cocoa & Chocolate 麻豆原创 Size by Country: 2019 VS 2023 VS 2030
3.5.2 Europe Cocoa & Chocolate Sales by Country (2019-2030)
3.5.3 Europe Cocoa & Chocolate Revenue by Country (2019-2030)
3.5.4 Germany
3.5.5 France
3.5.6 U.K.
3.5.7 Italy
3.5.8 Russia
3.6 Asia Pacific Cocoa & Chocolate 麻豆原创 Facts & Figures by Region
3.6.1 Asia Pacific Cocoa & Chocolate 麻豆原创 Size by Region: 2019 VS 2023 VS 2030
3.6.2 Asia Pacific Cocoa & Chocolate Sales by Region (2019-2030)
3.6.3 Asia Pacific Cocoa & Chocolate Revenue by Region (2019-2030)
3.6.4 China
3.6.5 Japan
3.6.6 South Korea
3.6.7 India
3.6.8 Australia
3.6.9 Taiwan
3.6.10 Indonesia
3.6.11 Thailand
3.6.12 Malaysia
3.6.13 Philippines
3.7 Latin America Cocoa & Chocolate 麻豆原创 Facts & Figures by Country
3.7.1 Latin America Cocoa & Chocolate 麻豆原创 Size by Country: 2019 VS 2023 VS 2030
3.7.2 Latin America Cocoa & Chocolate Sales by Country (2019-2030)
3.7.3 Latin America Cocoa & Chocolate Revenue by Country
3.7.4 Mexico
3.7.5 Brazil
3.7.6 Argentina
3.8 Middle East and Africa Cocoa & Chocolate 麻豆原创 Facts & Figures by Country
3.8.1 Middle East and Africa Cocoa & Chocolate 麻豆原创 Size by Country: 2019 VS 2023 VS 2030
3.8.2 Middle East and Africa Cocoa & Chocolate Sales by Country (2019-2030)
3.8.3 Middle East and Africa Cocoa & Chocolate Revenue by Country
3.8.4 Turkey
3.8.5 Saudi Arabia
3.8.6 U.A.E
4 Segment by Type
4.1 Global Cocoa & Chocolate Sales by Type (2019-2030)
4.1.1 Global Cocoa & Chocolate Sales by Type (2019-2024)
4.1.2 Global Cocoa & Chocolate Sales by Type (2025-2030)
4.1.3 Global Cocoa & Chocolate Sales 麻豆原创 Share by Type (2019-2030)
4.2 Global Cocoa & Chocolate Revenue by Type (2019-2030)
4.2.1 Global Cocoa & Chocolate Revenue by Type (2019-2024)
4.2.2 Global Cocoa & Chocolate Revenue by Type (2025-2030)
4.2.3 Global Cocoa & Chocolate Revenue 麻豆原创 Share by Type (2019-2030)
4.3 Global Cocoa & Chocolate Price by Type (2019-2030)
5 Segment by Application
5.1 Global Cocoa & Chocolate Sales by Application (2019-2030)
5.1.1 Global Cocoa & Chocolate Sales by Application (2019-2024)
5.1.2 Global Cocoa & Chocolate Sales by Application (2025-2030)
5.1.3 Global Cocoa & Chocolate Sales 麻豆原创 Share by Application (2019-2030)
5.2 Global Cocoa & Chocolate Revenue by Application (2019-2030)
5.2.1 Global Cocoa & Chocolate Revenue by Application (2019-2024)
5.2.2 Global Cocoa & Chocolate Revenue by Application (2025-2030)
5.2.3 Global Cocoa & Chocolate Revenue 麻豆原创 Share by Application (2019-2030)
5.3 Global Cocoa & Chocolate Price by Application (2019-2030)
6 Key Companies Profiled
6.1 Barry Callebaut
6.1.1 Barry Callebaut Company Information
6.1.2 Barry Callebaut Description and Business Overview
6.1.3 Barry Callebaut Cocoa & Chocolate Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Barry Callebaut Cocoa & Chocolate Product Portfolio
6.1.5 Barry Callebaut Recent Developments/Updates
6.2 Cargill
6.2.1 Cargill Company Information
6.2.2 Cargill Description and Business Overview
6.2.3 Cargill Cocoa & Chocolate Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Cargill Cocoa & Chocolate Product Portfolio
6.2.5 Cargill Recent Developments/Updates
6.3 Nestle SA
6.3.1 Nestle SA Company Information
6.3.2 Nestle SA Description and Business Overview
6.3.3 Nestle SA Cocoa & Chocolate Sales, Revenue and Gross Margin (2019-2024)
6.3.4 Nestle SA Cocoa & Chocolate Product Portfolio
6.3.5 Nestle SA Recent Developments/Updates
6.4 Mars
6.4.1 Mars Company Information
6.4.2 Mars Description and Business Overview
6.4.3 Mars Cocoa & Chocolate Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Mars Cocoa & Chocolate Product Portfolio
6.4.5 Mars Recent Developments/Updates
6.5 Hershey
6.5.1 Hershey Company Information
6.5.2 Hershey Description and Business Overview
6.5.3 Hershey Cocoa & Chocolate Sales, Revenue and Gross Margin (2019-2024)
6.5.4 Hershey Cocoa & Chocolate Product Portfolio
6.5.5 Hershey Recent Developments/Updates
6.6 FUJI OIL
6.6.1 FUJI OIL Company Information
6.6.2 FUJI OIL Description and Business Overview
6.6.3 FUJI OIL Cocoa & Chocolate Sales, Revenue and Gross Margin (2019-2024)
6.6.4 FUJI OIL Cocoa & Chocolate Product Portfolio
6.6.5 FUJI OIL Recent Developments/Updates
6.7 Olam
6.7.1 Olam Company Information
6.7.2 Olam Description and Business Overview
6.7.3 Olam Cocoa & Chocolate Sales, Revenue and Gross Margin (2019-2024)
6.7.4 Olam Cocoa & Chocolate Product Portfolio
6.7.5 Olam Recent Developments/Updates
6.8 Puratos
6.8.1 Puratos Company Information
6.8.2 Puratos Description and Business Overview
6.8.3 Puratos Cocoa & Chocolate Sales, Revenue and Gross Margin (2019-2024)
6.8.4 Puratos Cocoa & Chocolate Product Portfolio
6.8.5 Puratos Recent Developments/Updates
6.9 颁茅尘辞颈
6.9.1 颁茅尘辞颈 Company Information
6.9.2 颁茅尘辞颈 Description and Business Overview
6.9.3 颁茅尘辞颈 Cocoa & Chocolate Sales, Revenue and Gross Margin (2019-2024)
6.9.4 颁茅尘辞颈 Cocoa & Chocolate Product Portfolio
6.9.5 颁茅尘辞颈 Recent Developments/Updates
6.10 Irca
6.10.1 Irca Company Information
6.10.2 Irca Description and Business Overview
6.10.3 Irca Cocoa & Chocolate Sales, Revenue and Gross Margin (2019-2024)
6.10.4 Irca Cocoa & Chocolate Product Portfolio
6.10.5 Irca Recent Developments/Updates
6.11 NATRA
6.11.1 NATRA Company Information
6.11.2 NATRA Description and Business Overview
6.11.3 NATRA Cocoa & Chocolate Sales, Revenue and Gross Margin (2019-2024)
6.11.4 NATRA Cocoa & Chocolate Product Portfolio
6.11.5 NATRA Recent Developments/Updates
6.12 Kerry Group
6.12.1 Kerry Group Company Information
6.12.2 Kerry Group Description and Business Overview
6.12.3 Kerry Group Cocoa & Chocolate Sales, Revenue and Gross Margin (2019-2024)
6.12.4 Kerry Group Cocoa & Chocolate Product Portfolio
6.12.5 Kerry Group Recent Developments/Updates
6.13 Ferrero
6.13.1 Ferrero Company Information
6.13.2 Ferrero Description and Business Overview
6.13.3 Ferrero Cocoa & Chocolate Sales, Revenue and Gross Margin (2019-2024)
6.13.4 Ferrero Cocoa & Chocolate Product Portfolio
6.13.5 Ferrero Recent Developments/Updates
6.14 ECOM
6.14.1 ECOM Company Information
6.14.2 ECOM Description and Business Overview
6.14.3 ECOM Cocoa & Chocolate Sales, Revenue and Gross Margin (2019-2024)
6.14.4 ECOM Cocoa & Chocolate Product Portfolio
6.14.5 ECOM Recent Developments/Updates
6.15 Guan Chong
6.15.1 Guan Chong Company Information
6.15.2 Guan Chong Description and Business Overview
6.15.3 Guan Chong Cocoa & Chocolate Sales, Revenue and Gross Margin (2019-2024)
6.15.4 Guan Chong Cocoa & Chocolate Product Portfolio
6.15.5 Guan Chong Recent Developments/Updates
6.16 Mondelez
6.16.1 Mondelez Company Information
6.16.2 Mondelez Description and Business Overview
6.16.3 Mondelez Cocoa & Chocolate Sales, Revenue and Gross Margin (2019-2024)
6.16.4 Mondelez Cocoa & Chocolate Product Portfolio
6.16.5 Mondelez Recent Developments/Updates
6.17 Clasen
6.17.1 Clasen Company Information
6.17.2 Clasen Description and Business Overview
6.17.3 Clasen Cocoa & Chocolate Sales, Revenue and Gross Margin (2019-2024)
6.17.4 Clasen Cocoa & Chocolate Product Portfolio
6.17.5 Clasen Recent Developments/Updates
6.18 Morde Foods
6.18.1 Morde Foods Company Information
6.18.2 Morde Foods Description and Business Overview
6.18.3 Morde Foods Cocoa & Chocolate Sales, Revenue and Gross Margin (2019-2024)
6.18.4 Morde Foods Cocoa & Chocolate Product Portfolio
6.18.5 Morde Foods Recent Developments/Updates
6.19 EUROCAO
6.19.1 EUROCAO Company Information
6.19.2 EUROCAO Description and Business Overview
6.19.3 EUROCAO Cocoa & Chocolate Sales, Revenue and Gross Margin (2019-2024)
6.19.4 EUROCAO Cocoa & Chocolate Product Portfolio
6.19.5 EUROCAO Recent Developments/Updates
6.20 DP Chocolates
6.20.1 DP Chocolates Company Information
6.20.2 DP Chocolates Description and Business Overview
6.20.3 DP Chocolates Cocoa & Chocolate Sales, Revenue and Gross Margin (2019-2024)
6.20.4 DP Chocolates Cocoa & Chocolate Product Portfolio
6.20.5 DP Chocolates Recent Developments/Updates
6.21 Cocoa-linna
6.21.1 Cocoa-linna Company Information
6.21.2 Cocoa-linna Description and Business Overview
6.21.3 Cocoa-linna Cocoa & Chocolate Sales, Revenue and Gross Margin (2019-2024)
6.21.4 Cocoa-linna Cocoa & Chocolate Product Portfolio
6.21.5 Cocoa-linna Recent Developments/Updates
6.22 Apple Flavor & Fragrance Group
6.22.1 Apple Flavor & Fragrance Group Company Information
6.22.2 Apple Flavor & Fragrance Group Description and Business Overview
6.22.3 Apple Flavor & Fragrance Group Cocoa & Chocolate Sales, Revenue and Gross Margin (2019-2024)
6.22.4 Apple Flavor & Fragrance Group Cocoa & Chocolate Product Portfolio
6.22.5 Apple Flavor & Fragrance Group Recent Developments/Updates
6.23 Shanghai Yicheng Food
6.23.1 Shanghai Yicheng Food Company Information
6.23.2 Shanghai Yicheng Food Description and Business Overview
6.23.3 Shanghai Yicheng Food Cocoa & Chocolate Sales, Revenue and Gross Margin (2019-2024)
6.23.4 Shanghai Yicheng Food Cocoa & Chocolate Product Portfolio
6.23.5 Shanghai Yicheng Food Recent Developments/Updates
7 Industry Chain and Sales Channels Analysis
7.1 Cocoa & Chocolate Industry Chain Analysis
7.2 Cocoa & Chocolate Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Cocoa & Chocolate Production Mode & Process
7.4 Cocoa & Chocolate Sales and 麻豆原创ing
7.4.1 Cocoa & Chocolate Sales Channels
7.4.2 Cocoa & Chocolate Distributors
7.5 Cocoa & Chocolate Customers
8 Cocoa & Chocolate 麻豆原创 Dynamics
8.1 Cocoa & Chocolate Industry Trends
8.2 Cocoa & Chocolate 麻豆原创 Drivers
8.3 Cocoa & Chocolate 麻豆原创 Challenges
8.4 Cocoa & Chocolate 麻豆原创 Restraints
9 Research Findings and Conclusion
10 Methodology and Data Source
10.1 Methodology/Research Approach
10.1.1 Research Programs/Design
10.1.2 麻豆原创 Size Estimation
10.1.3 麻豆原创 Breakdown and Data Triangulation
10.2 Data Source
10.2.1 Secondary Sources
10.2.2 Primary Sources
10.3 Author List
10.4 Disclaimer
Barry Callebaut
Cargill
Nestle SA
Mars
Hershey
FUJI OIL
Olam
Puratos
颁茅尘辞颈
Irca
NATRA
Kerry Group
Ferrero
ECOM
Guan Chong
Mondelez
Clasen
Morde Foods
EUROCAO
DP Chocolates
Cocoa-linna
Apple Flavor & Fragrance Group
Shanghai Yicheng Food
听
听
*If Applicable.