Global Cocoa Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Cocoa Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

A cocoa processing plant transforms cocoa beans into three main components: cocoa liquor and cocoa butter and cocoa powder. These components can be used to make different products. 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.

According to our (Global Info Research) latest study, the global Cocoa market size was valued at US$ 16400 million in 2023 and is forecast to a readjusted size of USD 19970 million by 2030 with a CAGR of 2.9% during review period.

Global core cocoa manufacturers include Emerson ASCO, Kendrion etc.The top 5 companies hold a share about 55%.Europe is the largest market, with a share about 50%, followed by North America and Asia Pacific with the share about 24% and 14%.In terms of product, cocoa butter is the largest segment, with a share over 40%. And in terms of application, the largest application is confectionery, followed by food and beverage.

This report is a detailed and comprehensive analysis for global Cocoa market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Cocoa market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global Cocoa market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global Cocoa market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global Cocoa market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Cocoa

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Cocoa market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Barry Callebaut, Cargill, Nestle SA, Mars, Hershey, Blommer (FUJI OIL), Olam, Puratos, Cémoi, Irca, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Cocoa market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Cocoa Liquor
Cocoa Butter
Cocoa Powder

Market segment by Application
Confectionery
Food and Beverage
Cosmetics
Others

Major players covered
Barry Callebaut
Cargill
Nestle SA
Mars
Hershey
Blommer (FUJI OIL)
Olam
Puratos
Cémoi
Irca
NATRA
Kerry Group
Ferrero
ECOM
Guan Chong
Mondelez

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Cocoa product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Cocoa, with price, sales quantity, revenue, and global market share of Cocoa from 2019 to 2024.

Chapter 3, the Cocoa competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Cocoa breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Cocoa market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Cocoa.

Chapter 14 and 15, to describe Cocoa sales channel, distributors, customers, research findings and conclusion.