Cocoa rose to 8,632 USD/T on August 7, 2025, up 1.91% from the previous day. Over the past month, Cocoa's price has risen 6.70%, and is up 1.93% 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 August of 2025.

Between 2016 and 2024, the monthly price of cocoa worldwide peaked in April 2024 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.

Europe has a robust chocolate and confectionary manufacturing sector owing to European consumers’ appetite for sweet treats. Europe is the world's leading producer and consumer of chocolate. The continent was responsible for 56% of the world’s cocoa beans in 2021 and accounted for 76% of worldwide chocolate sales. Notably, renowned chocolate manufacturers from Belgium and Switzerland contribute significantly to this high export rate. Germany also leads in per-capita chocolate consumption, consuming an average of 11kg of chocolate per capita annually. Consequently, the huge demand for chocolate within and outside Europe creates a profitable market for European manufacturers. While nominal sales of chocolate and sweets have grown in recent years, in real terms, industry revenue is estimated to fall at a compound annual rate of 2.9% over the five years through 2024, reaching €71.1 billion owing to the massive wave of inflation. The chocolate and confectionery industry faces challenges due to increasing sugar and cocoa prices. These rising costs have compelled European manufacturers to raise their selling prices. Although consumers continued to buy chocolate and sweets despite the price hikes, the growing cost of living threatens to reduce consumption. Statistics show that EU sugar prices alone rose by 80% in the year through June 2023, sparking attempts to minimise sugar usage in chocolate products. Industry revenue is projected to sink by 3.5% in 2024. Confectionary manufacturers are set to implement healthier solutions and pursue more sustainable practices. An increased health awareness among European consumers threatens the consumption of sugary products like chocolate. However, it could also present an opportunity for healthier alternatives like dark chocolate, which contains less sugar. Ethical sourcing and sustainability are becoming more popular as consumers increasingly demand information about their chocolate's origin and production process. As a result, European chocolate manufacturers are keen on sourcing cocoa from sustainable farms and promoting transparency in their supply chains. Overall, industry revenue is forecast to grow at a compound annual rate of 2.1% over the five years through 2029 to reach €78.9 billion.