Cocoa And Chocolate Market Size 2026-2030
The cocoa and chocolate market size is valued to increase by USD 58.51 billion, at a CAGR of 6.1% from 2025 to 2030. Growing demand for premium and specialty chocolates will drive the cocoa and chocolate market.
Major Market Trends & Insights
- North America dominated the market and accounted for a 34.8% growth during the forecast period.
- By Product Type - Chocolate segment was valued at USD 145.71 billion in 2024
- By Application - Food and beverage segment accounted for the largest market revenue share in 2024
Market Size & Forecast
- Market Opportunities: USD 97.92 billion
- Market Future Opportunities: USD 58.51 billion
- CAGR from 2025 to 2030 : 6.1%
Market Summary
What will be the Size of the Cocoa And Chocolate Market during the forecast period?
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How is the Cocoa And Chocolate Market Segmented?
The cocoa and chocolate industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2026-2030, as well as historical data from 2020-2024 for the following segments.
- Product type
- Chocolate
- Cocoa
- Application
- Food and beverage
- Cosmetics and personal care
- Pharmaceuticals and nutraceuticals
- Colorants
- Distribution channel
- Offline
- Online
- Geography
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- APAC
- China
- India
- Japan
- Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
- South America
- Brazil
- Argentina
- Colombia
- Rest of World (ROW)
- North America
By Product Type Insights
The chocolate segment is estimated to witness significant growth during the forecast period.
The Chocolate segment was valued at USD 145.71 billion in 2024 and showed a gradual increase during the forecast period.
Regional Analysis
North America is estimated to contribute 34.8% to the growth of the global market during the forecast period.Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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Market Dynamics
Our researchers analyzed the data with 2025 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
What are the key market drivers leading to the rise in the adoption of Cocoa And Chocolate Industry?
What are the market trends shaping the Cocoa And Chocolate Industry?
What challenges does the Cocoa And Chocolate Industry face during its growth?
Exclusive Technavio Analysis on Customer Landscape
The cocoa and chocolate market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the cocoa and chocolate market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape of Cocoa And Chocolate Industry
Competitive Landscape
Companies are implementing various strategies, such as strategic alliances, cocoa and chocolate market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
Amedei -
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
- Amedei
- Barry Callebaut AG
- Bonnat Chocolatier
- Cargill Inc.
- CEMOI Group
- Cluizel
- Ferrero International S.A.
- Fuji Oil Co. Ltd.
- Guittard Chocolate Co.
- Lindt and Sprungli AG
- Lotte Corp.
- Mars Inc.
- Meiji Holdings Co. Ltd.
- Mondelez International Inc.
- Nestle SA
- Olam Group Ltd.
- Pacari Chocolate
- The Hershey Co.
- Whittakers
- Yildiz Holding AS
- Zotter Schokoladen
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Recent Development and News in Cocoa and chocolate market
Dive into Technavio’s robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Cocoa And Chocolate Market insights. See full methodology.
| Market Scope | |
|---|---|
| Page number | 297 |
| Base year | 2025 |
| Historic period | 2020-2024 |
| Forecast period | 2026-2030 |
| Growth momentum & CAGR | Accelerate at a CAGR of 6.1% |
| Market growth 2026-2030 | USD 58511.3 million |
| Market structure | Fragmented |
| YoY growth 2025-2026(%) | 5.8% |
| Key countries | US, Canada, Mexico, Germany, France, UK, Italy, The Netherlands, Spain, China, India, Japan, South Korea, Australia, Indonesia, Saudi Arabia, UAE, South Africa, Israel, Turkey, Brazil, Argentina and Colombia |
| Competitive landscape | Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Research Analyst Overview
What are the Key Data Covered in this Cocoa And Chocolate Market Research and Growth Report?
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What is the expected growth of the Cocoa And Chocolate Market between 2026 and 2030?
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USD 58.51 billion, at a CAGR of 6.1%
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What segmentation does the market report cover?
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The report is segmented by Product Type (Chocolate, and Cocoa), Application (Food and beverage, Cosmetics and personal care, Pharmaceuticals and nutraceuticals, and Colorants), Distribution Channel (Offline, and Online) and Geography (North America, Europe, APAC, Middle East and Africa, South America)
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Which regions are analyzed in the report?
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North America, Europe, APAC, Middle East and Africa and South America
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What are the key growth drivers and market challenges?
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Growing demand for premium and specialty chocolates, Volatility in cocoa bean prices and supply chain disruptions
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Who are the major players in the Cocoa And Chocolate Market?
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Amedei, Barry Callebaut AG, Bonnat Chocolatier, Cargill Inc., CEMOI Group, Cluizel, Ferrero International S.A., Fuji Oil Co. Ltd., Guittard Chocolate Co., Lindt and Sprungli AG, Lotte Corp., Mars Inc., Meiji Holdings Co. Ltd., Mondelez International Inc., Nestle SA, Olam Group Ltd., Pacari Chocolate, The Hershey Co., Whittakers, Yildiz Holding AS and Zotter Schokoladen
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Market Research Insights
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