Get the latest insights on price movement and trend analysis of Cocoa Butter in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Cocoa fell to 6,095.20 USD/T on October 27, 2025, down 3.54% from the previous day. Over the past month, Cocoa's price has fallen 12.90%, and is down 11.57% compared to the same time last year, 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 October of 2025.

The global cocoa butter market is estimated to be worth USD 8,859.1 million in 2025 and is projected to reach a value of USD 10,589.3 million by 2035, expanding at a CAGR of 1.8% over the assessment period of 2025 to 2035.

Attributes	Description
Estimated Global Cocoa Butter Business Size (2025E)	USD 8,859.1 million
Projected Global Cocoa Butter Business Value (2035F)	USD 10,589.3 million
Value-based CAGR (2025 to 2035)	1.8%

Semi-Annual Market Update

Particular	Value CAGR
H1 (2024 to 2034)	1.6%
H2 (2024 to 2034)	1.8%
H1 (2025 to 2035)	1.7%
H2 (2025 to 2035)	1.9%

Country-wise Insights

Country	United States
Market Volume (USD Million)	1,010.00
CAGR (2025 to 2035)	3.70%

Country	Germany
Market Volume (USD Million)	735.8
CAGR (2025 to 2035)	2.70%

Country	China
Market Volume (USD Million)	857.4
CAGR (2025 to 2035)	5.60%

Country	Japan
Market Volume (USD Million)	402.7
CAGR (2025 to 2035)	6.80%

Country	United Kingdom
Market Volume (USD Million)	735.8
CAGR (2025 to 2035)	2.70%

Category-Wise Insights

Segment	Value Share (2025)
Natural Cocoa Butter (By Product Type)	54.3%

Segment	Value Share (2025)
Food & Beverage (By End Use)	62.1%

In 2024, the global cocoa butter market increased by 57% to $15B, rising for the second year in a row after two years of decline. In general, the total consumption indicated a buoyant increase from 2012 to 2024: its value increased at an average annual rate of +7.6% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption increased by +66.5% against 2022 indices.

Cocoa Butter (Food Grade) prices in NW Europe surged in 2024. EMR predicts high 2025 prices driven by strong demand from the chocolate industry.

The global cocoa butter market is experiencing robust growth, driven by increasing demand across diverse sectors. The market's expansion is fueled by the rising popularity of natural and organic ingredients in cosmetics and personal care products, where cocoa butter's moisturizing and emollient properties are highly valued. The food industry also contributes significantly, leveraging cocoa butter's flavor and texture enhancement capabilities in confectionery, chocolate, and other food applications. Pharmaceutical applications, utilizing cocoa butter's properties as a base for ointments and suppositories, further bolster market growth. While precise market sizing data is unavailable, considering a plausible CAGR of 5% (a conservative estimate given the trends in natural ingredient markets) and assuming a 2025 market value of $500 million, the market could reach approximately $650 million by 2030. This growth is projected to continue through 2033, though at a potentially slightly reduced rate as the market matures. Significant regional variations exist, with North America and Europe currently holding the largest market shares due to established consumption patterns and strong regulatory frameworks supporting the use of cocoa butter in food and cosmetic products. However, developing economies in Asia Pacific are showing significant growth potential, driven by rising disposable incomes and increased awareness of natural personal care products. The market faces challenges including price volatility of cocoa beans, which directly impacts cocoa butter pricing, and the potential for supply chain disruptions due to factors like climate change and geopolitical instability. Furthermore, the emergence of synthetic alternatives and potential concerns about sustainability in cocoa production could pose threats. However, the inherent benefits of cocoa butter, coupled with increasing consumer demand for natural products and innovation in sustainable sourcing practices, are expected to outweigh these challenges. The market is segmented by application (food, cosmetics, pharmaceuticals, others) and type (food grade, pharmaceutical grade), reflecting the diverse usage and quality standards within the industry. Leading companies are focusing on product innovation, sustainability initiatives, and strategic partnerships to gain a competitive edge in this thriving market. This includes expanding product lines to meet diverse consumer preferences, developing more sustainable sourcing models, and partnering with retailers and distributors to enhance market reach.

In 2024, after two years of decline, there was growth in the Sri Lankan cocoa butter market, when its value increased by 2.5% to $2.4M. In general, the total consumption indicated measured growth from 2012 to 2024: its value increased at an average annual rate of +4.7% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period.

View monthly updates and historical trends for Cocoa Price. Source: World Bank. Track economic data with YCharts analytics.

Cocoa Butter Market size was valued at USD 5.01 Billion in 2024 and is projected to reach USD 9.37 Billion by 2032, growing at a CAGR of 8.13% from 2026 to 2032.

Cocoa Butter Market Drivers

Rising Demand for Chocolate and Confectionery Products: The cocoa butter market is driven by the increasing demand for chocolate and confectionery products. cocoa butter is a key ingredient, providing the desired texture and flavor in chocolates. Increasing Awareness of the Health Benefits of Cocoa Butter: Growing awareness of the health benefits of cocoa butter is boosting its market. Rich in antioxidants and fatty acids, it is sought after for its skin-nourishing properties and inclusion in cosmetic products. Growing Disposable Incomes and Changing Lifestyles: Rising disposable incomes and changing lifestyles in emerging economies are driving the market. As consumers' purchasing power increases, the demand for premium chocolate and skincare products rises. Expansion of Food & Beverage Industry: The expanding food and beverage industry is another significant driver. Cocoa butter is used in various applications, including bakery items, desserts, and beverages, enhancing their taste and texture. Rising Demand for Organic Products: Increased focus on natural and organic products is propelling the market. Consumers are increasingly opting for products with natural ingredients, and cocoa butter is favored for its purity and health benefits. Increasing Growth of Cosmetics Industry: The booming personal care and cosmetics industry significantly boosts the demand for cocoa butter. It is a popular ingredient in lotions, creams, and lip balms, appreciated for its moisturizing and healing properties.

The SADC cocoa butter market skyrocketed to $66M in 2024, with an increase of 15% against the previous year. The total consumption indicated a noticeable expansion from 2012 to 2024: its value increased at an average annual rate of +4.1% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption increased by +63.8% against 2019 indices.

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Cocoa Beans Market Size 2025-2029

The cocoa beans market size is valued to increase by USD 3.58 billion, at a CAGR of 4.5% from 2024 to 2029. Rising popularity of chocolate-flavored beverages will drive the cocoa beans market.

Major Market Trends & Insights

Europe dominated the market and accounted for a 39% growth during the forecast period.
By Application - Confectionery segment was valued at USD 5.14 billion in 2023
By Product - Cocoa butter segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 42.75 million
Market Future Opportunities: USD 3576.90 million
CAGR from 2024 to 2029 : 4.5%

Market Summary

Cocoa beans, the primary ingredient in chocolate, have long held a significant place in the global market due to their versatility and universal appeal. The demand for cocoa beans is driven by the growing popularity of chocolate-based products, particularly beverages, which have witnessed a notable increase in consumer preference. This trend is fueled by the expanding health-conscious population seeking alternatives to sugar-laden beverages. The market is characterized by a dynamic business landscape, with numerous players vying for market share. Mergers and acquisitions have become a common strategy for companies aiming to expand their operations and strengthen their market position.
Despite this competition, the market remains volatile due to various factors, including weather conditions in cocoa-producing regions and fluctuations in supply and demand. However, the market is not without challenges. Volatility in the prices of cocoa beans, influenced by weather conditions and supply chain disruptions, poses a significant risk for market participants. Cocoa bean prices have experienced significant volatility, reflecting the market's complexities. Factors such as disease outbreaks, weather conditions, and geopolitical instability can significantly impact prices. However, the long-term outlook for the market remains positive, with continued growth expected due to increasing consumer demand and ongoing innovation in chocolate-based products. In conclusion, the market is a dynamic and complex business environment, shaped by various factors including consumer preferences, competition, and external influences. Companies operating in this sector must stay informed about market trends and be prepared to adapt to changing conditions to remain competitive.

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

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How is the Cocoa Beans Market 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.

Application

  Confectionery
  Functional food and beverage
  Cosmetics
  Others


Product

  Cocoa butter
  Cocoa powder
  Cocoa beverages
  Others


Type

  Forastero
  Trinitario
  Criollo


Nature

  Organic
  Conventional


Sale Channel

  B2B
  B2C


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  Middle East and Africa

    Egypt
    KSA
    Oman
    UAE


  APAC

    China
    India
    Japan


  South America

    Argentina
    Brazil


  Rest of World (ROW)

By Application Insights

The confectionery segment is estimated to witness significant growth during the forecast period.

The market continues to evolve, driven by the increasing demand for low-fat alkalized and natural cocoa powders in various confectionery items, such as toffee, hard candy, and marshmallows. This trend is fueling the growth of the confectionery segment, with companies like Mars and Nestle focusing on producing chocolate liquor with higher cocoa mass for stronger flavors. For example, Prodigy Snacks Ltd, a UK confectionery firm, recently introduced Phenomenoms, a new chocolate biscuit range with two flavors, highlighting this market development. Additionally, ongoing activities include the implementation of sustainable farming practices, yield optimization techniques, and soil nutrient management to enhance production efficiency.

Bean drying methods, packaging technology, and traceability systems are also evolving to ensure product quality and consumer safety, with a focus on reducing aflatoxin contamination levels. Theobroma cacao cultivation continues to adapt to climate change, with research on pest management strategies, microbial community composition, and disease resistance mechanisms. The market is further characterized by improvements in processing efficiency, sensory evaluation protocols, and polyphenol oxidase activity analysis for assessing health benefits. Cocoa butter extraction and flavonoid conte

Get the latest insights on price movement and trend analysis of Cocoa Powder in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Global Cocoa Butter Substitutes market size 2021 was recorded $2891.56 Million whereas by the end of 2025 it will reach $3369.08 Million. According to the author, by 2033 Cocoa Butter Substitutes market size will become $4646.4. Cocoa Butter Substitutes market will be growing at a CAGR of 4.1% during 2025 to 2033.

In 2024, the Canadian cocoa butter market decreased by -1.5% to $385M, falling for the second year in a row after three years of growth. Overall, the total consumption indicated a modest expansion from 2012 to 2024: its value increased at an average annual rate of +1.9% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -10.6% against 2022 indices.

Global Cocoa Butter Equivalent - CBE market size 2021 was recorded $1304.01 Million whereas by the end of 2025 it will reach $1653.25 Million. According to the author, by 2033 Cocoa Butter Equivalent - CBE market size will become $2657.39. Cocoa Butter Equivalent - CBE market will be growing at a CAGR of 6.112% during 2025 to 2033.

Cocoa Butter Market Outlook

According to our latest research, the Global Cocoa Butter market size was valued at $3.1 billion in 2024 and is projected to reach $5.6 billion by 2033, expanding at a CAGR of 6.8% during 2024–2033. The primary factor propelling this robust growth is the surging demand for premium chocolate and confectionery products worldwide, coupled with the increasing incorporation of cocoa butter in personal care and pharmaceutical formulations. The market is also experiencing a paradigm shift as consumers gravitate toward natural and organic ingredients, further fueling the adoption of cocoa butter across diverse industries. As manufacturers continue to innovate and diversify applications, the cocoa butter market is poised for sustained expansion throughout the forecast period.

Regional Outlook

North America currently commands the largest share of the global cocoa butter market, accounting for over 32% of total revenue in 2024. This dominance is driven by the region’s mature chocolate and confectionery industries, robust demand for premium and organic food products, and a strong presence of leading personal care brands utilizing cocoa butter in formulations. The United States, in particular, stands out due to its advanced processing technologies, well-established supply chain infrastructure, and consumer preference for high-quality, ethically sourced ingredients. In addition, regulatory frameworks supporting clean-label and natural products have further entrenched cocoa butter’s role as a favored ingredient in both food and personal care applications. The presence of major multinational confectionery and cosmetics companies ensures continued innovation and market expansion in this region.

Asia Pacific is projected to be the fastest-growing region in the cocoa butter market, with an impressive CAGR of 8.7% between 2024 and 2033. This rapid expansion is underpinned by rising disposable incomes, urbanization, and evolving dietary preferences across key economies such as China, India, and Japan. The burgeoning middle class in these countries is fueling demand for premium chocolates, baked goods, and personal care products enriched with cocoa butter. Additionally, increasing awareness about the health benefits of cocoa-derived ingredients and the proliferation of e-commerce platforms are making cocoa butter-based products more accessible to a broader consumer base. Strategic investments by global and regional players in local manufacturing and distribution networks are further accelerating market penetration in this high-potential region.

Emerging economies in Latin America, the Middle East, and Africa are witnessing a gradual but steady adoption of cocoa butter, albeit at a slower pace compared to established markets. These regions face unique challenges, including limited processing infrastructure, fluctuating raw material costs, and regulatory hurdles that can impede large-scale market growth. However, localized demand is rising, particularly in urban centers where consumer awareness of natural and organic products is increasing. Policy initiatives aimed at supporting local cocoa production and processing, along with efforts to integrate into global value chains, are expected to create new growth avenues. Nonetheless, market participants must navigate complex socio-economic landscapes and invest in capacity-building to fully unlock the potential of these emerging markets.

Report Scope

Attributes	Details
Report Title	Cocoa Butter Market Research Report 2033
By Product Type	Natural, Deodorized, Semi-Deodorized
By Application	Food & Beverages, Personal Care & Cosmetics, Pharmaceuticals, Others
By Source	Organic, Conventional
By Distribution Channel	Online Retail, Supermarkets/Hypermarkets, Specialty Stores, Others

Organic Cocoa Butter Market Outlook

As per our latest research, the global organic cocoa butter market size reached USD 1.21 billion in 2024, reflecting robust demand and a growing preference for organic and sustainable ingredients in multiple industries. The market is currently experiencing a healthy growth trajectory, with a CAGR of 7.3% projected throughout the forecast period. By 2033, the market is anticipated to attain a value of USD 2.28 billion, driven by the increasing adoption of organic cocoa butter in food and beverage, personal care, and pharmaceutical applications. This growth is primarily fueled by heightened consumer awareness regarding health, wellness, and clean-label products, as well as the expanding utilization of organic ingredients in premium product formulations.

One of the principal growth factors propelling the organic cocoa butter market is the surging demand for natural and organic personal care and cosmetic products. Consumers are increasingly seeking products that are free from synthetic chemicals, parabens, and artificial fragrances, and organic cocoa butter is highly prized for its moisturizing, antioxidant, and skin-nourishing properties. This trend has led to a significant uptick in the use of organic cocoa butter in formulations for lotions, creams, lip balms, and hair care products. The clean beauty movement, which emphasizes transparency and sustainability, further amplifies the demand for organic cocoa butter, as brands strive to align with consumer values and regulatory standards. This shift is particularly pronounced in developed markets, where consumers are willing to pay a premium for organic and ethically sourced ingredients.

Another critical driver is the rising incorporation of organic cocoa butter in the food and beverage sector. As consumers become more health-conscious and aware of the potential risks associated with artificial additives and genetically modified ingredients, there is a growing inclination toward organic and minimally processed foods. Organic cocoa butter, known for its rich flavor and smooth texture, is increasingly used in the production of high-quality chocolates, confectionery, and bakery products. Manufacturers are leveraging the appeal of organic certification to differentiate their offerings and cater to a discerning customer base. Additionally, the trend towards plant-based and vegan diets has further boosted the demand for organic cocoa butter, as it serves as a key ingredient in dairy-free and vegan chocolate alternatives.

Sustainability and ethical sourcing are also pivotal factors fueling market growth. The organic cocoa butter market benefits from the broader movement towards sustainable agriculture and fair-trade practices. Consumers and companies alike are prioritizing products that support environmental stewardship and social responsibility. Organic cocoa farming typically involves eco-friendly practices, reduced pesticide use, and better working conditions for farmers, which appeals to ethically minded consumers. Furthermore, regulatory support and certification programs, such as USDA Organic and Fairtrade, provide additional assurance and marketability for organic cocoa butter products, thereby expanding their reach in international markets.

Regionally, the organic cocoa butter market exhibits dynamic growth patterns, with Europe and North America emerging as leading markets due to their advanced consumer awareness, stringent regulatory frameworks, and established organic industries. Asia Pacific, on the other hand, is witnessing rapid growth, fueled by expanding middle-class populations, increasing disposable incomes, and rising demand for premium personal care and food products. Latin America and the Middle East & Africa also present significant opportunities, particularly as local manufacturers and exporters tap into the global trend towards organic and sustainable ingredients. The regional diversity in consumer preferences, regulatory environments, and production capacities shapes the competitive landscape and offers ample opportunities for market expansion.

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The global organic cocoa butter market is experiencing robust growth, driven by increasing consumer demand for natural and organic food products. The market, valued at approximately $500 million in 2025, is projected to exhibit a Compound Annual Growth Rate (CAGR) of 7% from 2025 to 2033. This growth is fueled by several key factors, including the rising awareness of the health benefits associated with organic cocoa butter, its versatility in various applications, and the expanding popularity of artisanal chocolates and confectionery. The increasing preference for natural and ethically sourced ingredients among health-conscious consumers significantly boosts market demand. Furthermore, the growing adoption of organic cocoa butter in cosmetics and personal care products contributes to its market expansion. Major players like Blommer Chocolate Company, Olam Cocoa, and others are investing in sustainable sourcing and processing techniques, driving the market’s growth. Segment-wise, the chocolate-making application holds the largest market share, followed by candy making, with other applications, such as cosmetics and pharmaceuticals, showing promising potential. The geographic distribution of the market reveals strong growth in North America and Europe, driven by high consumer spending on premium food items and established organic food retail infrastructure. However, emerging economies in Asia Pacific, particularly China and India, present significant growth opportunities due to rising disposable incomes and changing consumer preferences. While challenges remain, including fluctuations in cocoa bean prices and the need for increased organic cocoa production, the long-term outlook for the organic cocoa butter market remains positive. The market is expected to surpass $850 million by 2033, driven by consistent consumer preference for organic and sustainable products and continuous innovation within the industry.

According to Cognitive Market Research, The Global Deodorized Cocoa Butter market will grow at a compound annual growth rate (CAGR) of 6.50% from 2023 to 2030.

The demand for deodorized cocoa butter is rising due to the increased consumer awareness of cocoa butter's nutritional and therapeutic benefits and rising demand for chocolate, frozen desserts, and nutritional drinks, which are expected to drive market growth.
Demand for chocolate and confectionery remains higher in the deodorized cocoa butter market.
The Offlinecategory held the highest deodorized cocoa butter market revenue share in 2023.
North America will continue to lead, whereas the Asia Pacific deodorized cocoa butter marketwill experience the strongest growth until 2030.

Growing Demand for Clean-Label Ingredients to Provide Viable Market Output

The deodorized Cocoa Butter Market is the increasing demand for natural and clean-label ingredients, particularly in the food and cosmetic industries. Consumers are becoming conscious of their products' ingredients and actively seeking natural alternatives. Cocoa butter, with its natural origin, fits well into this trend. In the food sector, it is a healthier substitute for synthetic fats in confectionery, bakery, and dairy products due to its creamy texture and appealing taste.

Ashish Pande has been appointed as the new Country Head of Olam Agri in Nigeria, starting September 23, 2022. Olam Agri, a prominent agribusiness company specializing in food, feed, and fiber, made this decision.

(Source:www.olamgroup.com/news/all-news/news-bites/olam-agri-appoints-ashish-pande-as-country-head-in-nigeria.html)

Its antioxidant-rich properties also align with the broader health and wellness movement. Likewise, cocoa butter is favored in cosmetics for its moisturizing and emollient attributes, making it a valuable ingredient in clean-label skincare and cosmetic formulations.Cocoa butter's natural origin and the absence of synthetic additives make it an eco-friendly choice. Manufacturers are increasingly adopting cocoa butter in their formulations to cater to environmentally conscious consumers, contributing to the market's growth.

Expanding Chocolate Industry to Propel Market Growth

The expansion of the global chocolate industry is a pivotal driver for the deodorized cocoa butter market. Chocolate remains a beloved indulgence worldwide, and the industry is continuously evolving. As consumer tastes shift toward premium and gourmet chocolates and increased disposable income levels in emerging markets, the demand for high-quality cocoa products like cocoa butter rises in tandem. Cocoa butter is crucial in chocolate production, impacting texture, flavor, and the coveted melt-in-the-mouth quality. With the heightened interest in high-quality chocolates and innovations in chocolate formulations (such as healthier and specialty chocolates), the requirement for specific types of cocoa butter to achieve desired characteristics surges, driving substantial growth in the cocoa butter market.

Market Dynamics of Deodorized Cocoa Butter

Fluctuating Cocoa Prices and Supply Concerns to Hinder Market Growth

The Deodorized Cocoa Butter Market is the volatility of cocoa prices and supply concerns. Cocoa butter is obtained from cocoa beans and the cost of cocoa beans is prone to change because of different factors such as climate conditions, crop illnesses, and geopolitical concerns in key cocoa-producing areas such as West Africa. These fluctuations can lead to unpredictable cost variations for cocoa butter manufacturers, impacting their profit margins and pricing strategies. Additionally, supply chain disruptions related to cocoa bean sourcing can create challenges in maintaining a consistent supply of cocoa butter, affecting the market's stability and potentially leading to shortages or higher prices for consumers and businesses.

Impact of COVID–19 on the Deodorized Cocoa Butter Market

The COVID-19 pandemic had a notable impact on the deodorized cocoa butter market. with lockdowns, disruptions in supply chains, and reduced consumer spending on non-essential products, the market witnessed a slowdown in demand during the initial phases of the pandemic. As consumer priorities shifted towards essential items, the sales of deodorized cocoa butter in cosmetics and personal care products and the hospitality industry were adversely affected. H...

Find detailed analysis in Market Research Intellect's Deodorized Cocoa Butter Market Report, estimated at USD 1.2 billion in 2024 and forecasted to climb to USD 1.8 billion by 2033, reflecting a CAGR of 5.1%.Stay informed about adoption trends, evolving technologies, and key market participants.