The global Cocoa and Chocolate market was valued at US$ 60060 million in 2022 and is projected to reach US$ 79140 million by 2029, at a CAGR of 4.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The USA market for Global Cocoa and Chocolate market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The China market for Global Cocoa and Chocolate market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global Cocoa and Chocolate market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
Global Cocoa & Chocolate key players include Barry Callebaut, Cargill, Nestle SA, Mars, Blommer Chocolate Company, etc. Global top five manufacturers hold a share about 50%. Europe is the largest market, with a share about 35%, followed by North America and Southeast Asia, total with a share about 35 percent. In terms of product, Chocolate is the largest segment, with a share about 70%. And in terms of application, the largest application is Confectionery, followed by Food & Beverage, Cosmetics, Pharmaceuticals, etc.
This report studies the Cocoa & Chocolate market, Cocoa & chocolate are used to provide taste, flavor, and texture to food, in addition to nutritional and functional benefits. Cocoa butter, cocoa liquor, and cocoa powder are some of the major ingredients used to manufacture chocolates. The favorable characteristics of cocoa butter (melting point and contraction) provide a melt-in-the mouth sensation and easy removal of chocolates from the molds. The chocolate also masks the unpleasant taste of tablets and encourages its usage for medicinal purposes.
This report aims to provide a comprehensive presentation of the global market for Cocoa and 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 and Chocolate. This report contains market size and forecasts of Cocoa and Chocolate in global, including the following market information:
- Global Cocoa and Chocolate Market Revenue, 2018-2023, 2024-2029, ($ millions)
- Global Cocoa and Chocolate Market Sales, 2018-2023, 2024-2029, (Tons)
- Global top five Cocoa and Chocolate companies in 2022 (%)
We surveyed the Cocoa and Chocolate manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Cocoa and Chocolate Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Tons)
Global Cocoa and Chocolate Market Segment Percentages, by Type, 2022 (%)
Global Cocoa and Chocolate Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Tons)
Global Cocoa and Chocolate Market Segment Percentages, by Application, 2022 (%)
- Chocolate Bars
- Flavoring Ingredient
Global Cocoa and Chocolate Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Tons)
Global Cocoa and Chocolate Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Cocoa and Chocolate revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Cocoa and Chocolate revenues share in global market, 2022 (%)
- Key companies Cocoa and Chocolate sales in global market, 2018-2023 (Estimated), (Tons)
- Key companies Cocoa and Chocolate sales share in global market, 2022 (%)
Key players include:
- Barry Callebaut
- Cargill
- Nestle
- FUJI OIL
- Mars
- Hershey
- Puratos
- Olam
- C?moi
- ECOM
- Guan Chong
- Mondelez
- Touton
Outline of Major Chapters:
Chapter 1: Introduces the definition of Cocoa and Chocolate, market overview.
Chapter 2: Global Cocoa and Chocolate market size in revenue and volume.
Chapter 3: Detailed analysis of Cocoa and Chocolate manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
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: Sales of Cocoa and 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 of each country in the world.
Chapter 7: 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 8: Global Cocoa and Chocolate capacity by region & country.
Chapter 9: 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 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
