Cocoa rose to 7,237.64 USD/T on September 5, 2025, up 0.45% from the previous day. Over the past month, Cocoa's price has fallen 14.55%, but it is still 2.21% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Cocoa - values, historical data, forecasts and news - updated on September of 2025.

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Cocoa Beans Market Size 2025-2029

The cocoa beans market size is forecast to increase by USD 3.58 billion, at a CAGR of 4.5% between 2024 and 2029.

The market is experiencing significant growth, driven by the escalating popularity of chocolate-flavored beverages. This trend is fueled by consumers' increasing preference for indulgent and convenient food and beverage options, particularly in the rapidly expanding coffee shop and quick-service restaurant sectors. Furthermore, the expanding global middle class, particularly in emerging economies, is fueling a surge in demand for chocolate products. However, the market is not without challenges. The volatility in prices of cocoa beans poses a significant risk for market participants. Cocoa bean prices are influenced by various factors, including weather conditions, supply and demand dynamics, and geopolitical tensions. These price fluctuations can impact the profitability of cocoa bean producers and processors, as well as manufacturers of chocolate and chocolate-flavored products. Additionally, the increasing number of mergers and acquisitions in the industry is intensifying competition and reshaping the market landscape. Companies must navigate these challenges to capitalize on the market's growth opportunities and maintain a competitive edge.

What will be the Size of the Cocoa Beans Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
Request Free SampleThe market continues to evolve, driven by various factors that shape its dynamics. Price fluctuations are a persistent feature, influenced by supply chain management, global trade, and international standards. The demand for cocoa powder supplements in the health and wellness sector and the antioxidant properties of cocoa have fueled growth. Farming practices, from organic certification to sustainable agriculture, impact bean quality and consumer preferences. Retail distribution channels have expanded, with e-commerce and digital marketing playing increasingly significant roles. The cosmetic industry and chocolate truffles have emerged as new applications for cocoa, while food safety remains a critical concern. Chocolate making, from chocolate bars to chocolate confectionery, requires precise ingredient cost management and quality control. Cocoa nibs and cocoa butter extract are gaining popularity due to their unique flavor profiles and nutritional value. The food industry's evolving trends, such as consumer education and demand forecasting, influence pricing strategies. Theobroma cacao, the source of cocoa beans, is subject to market volatility, affecting the entire supply chain. Fair trade and brand building initiatives are shaping the market, with consumers increasingly aware of the social and environmental implications of their choices. The ongoing unfolding of these market activities highlights the continuous nature of the market and the need for adaptive strategies.

How is this Cocoa Beans Industry segmented?

The cocoa beans industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. ApplicationConfectioneryFunctional food and beverageCosmeticsOthersProductCocoa butterCocoa powderCocoa beveragesOthersTypeForasteroTrinitarioCriolloNatureOrganicConventionalSale ChannelB2BB2CGeographyNorth AmericaUSCanadaEuropeFranceGermanyItalyUKMiddle East and AfricaEgyptKSAOmanUAEAPACChinaIndiaJapanSouth AmericaArgentinaBrazilRest of World (ROW).

By Application Insights

The confectionery segment is estimated to witness significant growth during the forecast period.The market is experiencing significant growth due to the increasing demand for low-fat alkalized and natural cocoa powders in various confectionery products, such as toffee, hard candy, boiled sweets, marshmallows, count lines, and fondants. The confectionery segment is anticipated to dominate the market during the forecast period, driven by the popularity of cocoa-based chocolate and confectionery drops/chunks. Companies like Mars and Nestle are innovating by producing chocolate liquor with high cocoa mass, enhancing the chocolate flavor. For instance, Prodigy Snacks Ltd, a UK confectionery company, introduced Phenomenoms, a new chocolate biscuit range, on May 30, 2022. International standards, certification schemes, and fair trade practices are essential in maintaining quality control and consumer trust. Supply chain management and global trade play crucial roles in ensuring a steady supply of cocoa beans. Consumer education, demand forecasting, and flavor profiles influence purchasing decisions. Cocoa nibs, sustainable agriculture, and health benefits are emerging trends. Market volatility and pri

This dataset provides values for COCOA reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

United States - Producer Price Index by Commodity: Processed Foods and Feeds: Sweetened/Unsweetened Chocolate/Cocoa Powder, Cacao Beans was 87.60000 Index Dec 2011=100 in December of 2018, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Processed Foods and Feeds: Sweetened/Unsweetened Chocolate/Cocoa Powder, Cacao Beans reached a record high of 105.30000 in December of 2015 and a record low of 81.10000 in December of 2017. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Processed Foods and Feeds: Sweetened/Unsweetened Chocolate/Cocoa Powder, Cacao Beans - last updated from the United States Federal Reserve on September of 2025.

Graph and download economic data for Global price of Cocoa (PCOCOUSDM) from Jan 1990 to Jun 2025 about cocoa, World, and price.

European Union - Producer prices in industry: Manufacture of cocoa, chocolate and sugar confectionery was 169.40 points in July of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for European Union - Producer prices in industry: Manufacture of cocoa, chocolate and sugar confectionery - last updated from the EUROSTAT on September of 2025. Historically, European Union - Producer prices in industry: Manufacture of cocoa, chocolate and sugar confectionery reached a record high of 172.80 points in May of 2025 and a record low of 73.30 points in April of 2005.

The closure of the HoReCa segment caused the demand for cocoa beans to collapse in 2020, while the production remained stable. This led to a surge in unsold cocoa bean stocks in exporter-countries. EU chocolate producers are now trying to enlist a range of measures to ensure stable demand and secure supply chains on the cocoa bean market.

This statistic shows the worldwide cocoa price from 2008 to 2023 in U.S. dollars per metric kilogram. In the 2023, the price per kilogram of cocoa was 3.28 U.S. dollars.

Between 2016 and 2025, the monthly price of cocoa worldwide peaked in January 2025 at about ****** U.S. dollars per metric ton. Global cocoa industry Global cocoa production is expected to reach about *** million tons in the 2023/2024 crop year. Most of the world’s cocoa beans are grown in Africa; in 2023/2024, about *** million tons of cocoa beans were produced there, while about *** million tons were grown in the Americas. Within Africa, Côte d'Ivoire and Ghana were the countries with the highest production of cocoa beans. Chocolate retail worldwide In 2016, Mars controlled a **** percent share of the chocolate market worldwide, making it the single biggest player in the chocolate industry. Mars owns such chocolate brands as M&Ms, Snickers, and Dove. The countries with the highest per capita chocolate consumption are Switzerland, Austria, and Germany.

This analysis presents a rigorous exploration of financial data, incorporating a diverse range of statistical features. By providing a robust foundation, it facilitates advanced research and innovative modeling techniques within the field of finance.

Cocoa Futures Show Bullish Trend, DJ Commodity Cocoa Index Forecasts Rise

Financial data:

• Historical daily stock prices (open, high, low, close, volume)

• Fundamental data (e.g., market capitalization, price to earnings P/E ratio, dividend yield, earnings per share EPS, price to earnings growth, debt-to-equity ratio, price-to-book ratio, current ratio, free cash flow, projected earnings growth, return on equity, dividend payout ratio, price to sales ratio, credit rating)

• Technical indicators (e.g., moving averages, RSI, MACD, average directional index, aroon oscillator, stochastic oscillator, on-balance volume, accumulation/distribution A/D line, parabolic SAR indicator, bollinger bands indicators, fibonacci, williams percent range, commodity channel index)

Machine learning features:

• Feature engineering based on financial data and technical indicators

• Sentiment analysis data from social media and news articles

• Macroeconomic data (e.g., GDP, unemployment rate, interest rates, consumer spending, building permits, consumer confidence, inflation, producer price index, money supply, home sales, retail sales, bond yields)

Potential Applications:

• Stock price prediction

• Portfolio optimization

• Algorithmic trading

• Market sentiment analysis

• Risk management

Use Cases:

• Researchers investigating the effectiveness of machine learning in stock market prediction

• Analysts developing quantitative trading Buy/Sell strategies

• Individuals interested in building their own stock market prediction models

• Students learning about machine learning and financial applications

Additional Notes:

• The dataset may include different levels of granularity (e.g., daily, hourly)

• Data cleaning and preprocessing are essential before model training

• Regular updates are recommended to maintain the accuracy and relevance of the data

According to Cognitive Market Research, the global Cocoa Beans market size is USD 13814.2million in 2024 and will expand at a compound annual growth rate (CAGR) of 7.00% from 2024 to 2031.

North America held the major market of more than 40% of the global revenue with a market size of USD 5525.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031.
Europe accounted for a share of over30% of the global market size of USD 4144.26million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 3177.27million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.0% from 2024 to 2031.
Latin America market of more than 5% of the global revenue with a market size of USD 690.71million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2031.
Middle East and Africa held the major market ofaround 2.00% of the global revenue with a market size of USD 276.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.7% from 2024 to 2031.
The Cocoa Powder held the highest Cocoa Beans market revenue share in 2024.

Market Dynamics of Cocoa Beans Market

Driving Factor of the Cocoa Beans Market

Growing Demand for Chocolate Products to Increase the Demand Globally: One key driver in the cocoa beans market is the growing demand for chocolate products worldwide. As consumer preferences shift towards indulgent and premium treats, the demand for chocolate continues to rise. This increasing demand drives the need for cocoa beans, as they are the primary ingredient in chocolate production. Additionally, the rising popularity of chocolate in emerging markets, coupled with the expansion of the confectionery industry, further contributes to the demand for cocoa beans. As a result, cocoa bean producers experience higher demand, stimulating market growth and driving up prices in the cocoa beans market.

Shift Towards Sustainable and Ethical Sourcing Practices to Propel Market Growth: Another key driver shaping the cocoa beans market is the global shift towards sustainable and ethical sourcing practices. With increasing awareness of environmental and social issues, consumers, as well as chocolate manufacturers, are placing greater emphasis on sourcing cocoa beans from sustainable and ethically responsible suppliers. This trend is driven by concerns over deforestation, child labour, and fair wages in cocoa-producing regions. As a result, there is a growing demand for certified cocoa beans, such as those with Fair Trade or Rainforest Alliance certifications. Producers and suppliers that adopt sustainable practices benefit from increased consumer trust and access to premium markets, driving the adoption of sustainable sourcing practices across the cocoa beans market.

Restraint Factor of the Cocoa Beans Market

Climate Change and Environmental Factors to Limit the Sales: One key restraint in the cocoa beans market is the impact of climate change and environmental factors on cocoa production. Cocoa trees are sensitive to changes in temperature, rainfall patterns, and humidity, all of which are influenced by climate change. Shifts in weather patterns, such as prolonged droughts or excessive rainfall, can negatively affect cocoa yields and quality, leading to reduced harvests and increased susceptibility to pests and diseases. Additionally, deforestation and habitat destruction in cocoa-producing regions further exacerbate environmental challenges, threatening the long-term sustainability of cocoa production. As a result, cocoa bean producers face increased risks and uncertainties related to climate change and environmental degradation, which can constrain supply and drive up production costs in the cocoa beans market.

Trends of the Cocoa Beans Market

Growing Interest in Artisanal Chocolate and Bean-to-Bar Products: Premium, small-batch chocolate products with little processing and transparent sourcing are becoming more and more popular with consumers. Bean-to-bar chocolate brands that emphasize ethical supply chains and single-origin cocoa beans have grown as a result of this trend. Specialty cocoa beans with distinctive qualities are becoming more and more popular as customers grow more picky about quality, flavor profiles, and origin. This change creates chances for distinction in a fiercely competitive industry and encourages the growth of...

According to Cognitive Market Research, the global Bean-to-bar Chocolate market size will be USD 27124.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 12.80% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 10849.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.0% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 8137.35 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 6238.64 million in 2024 and will grow at a compound annual growth rate (CAGR) of 14.8% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 1356.23 million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.2% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 542.49 million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.5% from 2024 to 2031.
The chocolate bar segment dominates the bean-to-bar chocolate market due to its widespread consumer preference and versatility

Market Dynamics of Bean-to-bar Chocolate Market

Key Drivers for Bean-to-bar Chocolate Market

Growing Consumer Preference for Ethical and Sustainable Chocolate to Boost Market Growth

Consumers are increasingly favoring ethically sourced and sustainably produced chocolate, which directly supports the bean-to-bar chocolate market. Transparency in sourcing and production practices, such as fair trade certification and direct trade relationships with farmers, has become a significant purchasing factor. Bean-to-bar brands emphasize sustainability and ethical responsibility, appealing to environmentally conscious and socially responsible buyers. This trend is further amplified by the younger generation, who prioritize sustainability in their purchasing decisions, thereby driving demand for authentic and traceable chocolate products. For instance, in July 2022, Blue Gourmet, an Indian-based company is going to launch new bean-to-bar chocolate in September. The company has a presence in Kerala where the cocoa is grown providing the company a geographical advantage when it comes to sourcing and controlling the quality from the start

Rising Popularity of Premium and Artisanal Chocolates to Drive Market Growth

The bean-to-bar chocolate market benefits from the growing consumer inclination toward premium and artisanal products. As customers seek unique flavors, high-quality ingredients, and distinct textures, bean-to-bar brands cater to these preferences with their handcrafted processes and limited-edition offerings. These chocolates often showcase diverse cacao origins, appealing to connoisseurs and adventurous consumers. Additionally, premiumization in the chocolate industry has made bean-to-bar products a preferred choice for gifting and luxury consumption, boosting their market presence across specialty stores, cafes, and online platforms.

Restraint Factor for the Bean-to-bar Chocolate Market

High Production Costs and Limited Scalability, will Limit Market Growth

One of the significant restraints in the bean-to-bar chocolate market is the high production cost associated with small-scale manufacturing. Sourcing high-quality cacao beans, specialized equipment, and the manual nature of the production process lead to elevated expenses. Unlike mass-produced chocolates, bean-to-bar operations often face challenges in achieving economies of scale, resulting in higher retail prices. This limits their accessibility to cost-conscious consumers and restricts market expansion in price-sensitive regions. Moreover, the niche positioning of these products further intensifies the cost-related challenges for manufacturers.

Impact of Covid-19 on the Bean-to-bar Chocolate Market

Covid-19 pandemic had a mixed impact on the bean-to-bar chocolate market. On one hand, disruptions in supply chains, including the sourcing of high-quality cacao beans and challenges in logistics, posed significant obstacles for manufacturers. Many small-scale producers struggled with fluctuating raw material prices and limited access to international markets. On the other hand, the pandemic spurred a shift in consumer behavior, with increased dem...

In 2024, roughly **** thousand tons of fair trade chocolate were sold in Germany, an increase compared to the previous year at *** thousand tons. Figures increased annually during the timeline shown.

In 2023, the balance of trade of cocoa and cocoa preparations in Latin America and the Caribbean registered reached over 1.3 billion U.S. dollars. The cocoa and chocolate market value in Latin America was forecast to attain more than 11 billion U.S. dollars by 2028.

Learn about the significance of cocoa bean trade in the global economy, its major players, the process involved, and the challenges it faces. Discover how cocoa beans are transformed into chocolate and other cocoa-based products.

United States Imports of Cocoa and cocoa preparations was US$8.25 Billion during 2024, according to the United Nations COMTRADE database on international trade. United States Imports of Cocoa and cocoa preparations - data, historical chart and statistics - was last updated on July of 2025.

53330 Global import shipment records of Cocoa with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

5696 Global import shipment records of Cocoa Beans with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

The import volume of chocolate products to Japan amounted to around ** thousand metric tons in 2024. A decade high in inbound trade was recorded in 2021, boosted by the growing interest in high cocoa chocolate. The value of imports reached almost ** billion Japanese yen despite the declining shipments on a volume basis, driven by the weak yen. Chocolate trade The Japanese chocolate trade market is characterized by a deficit, as imports exceeded exports by almost **** times the amount. Foreign treats are imported mainly from European manufacturing countries that are renowned for their quality products, like Italy and Belgium. Whereas outbound trade of chocolate is destined for major trade partners like Hong Kong, China, and the United States, with the popularity of Japanese chocolate snacks boosted by the appearance of brands like Kit Kat and Pocky in popular culture. Domestic chocolate industry Chocolate is a major segment of the Japanese snack foods industry, with consumers indulging in various forms, flavors, and types of the sweet treat. To cover the high demand among domestic consumers, mass production takes precedence at large manufacturers. The distribution of hand-crafted and bean-to-bar chocolates is limited to small brand stores that are mainly catering to the luxury segment of the market. But the industry has been contemplating its contribution to sustainability goals as environmental, social and corporate governance (ESG) is impacting manufacturing and marketing processes in recent years. While cocoa beans used in Japanese chocolate can be traced back to producing countries like Ghana, Ecuador, and Venezuela, transparency of the supply chains is limited as large companies are gradually taking the first steps to strengthen their relationship with local farmers.

Cocoa powder prices surged YoY in MEA, rising up to 80% in Dec 2024. 2025 outlook remains steady with improved supply and stable processing.