Cocoa rose to 10,208.10 USD/T on June 9, 2025, up 0.34% from the previous day. Over the past month, Cocoa's price has risen 9.29%, and is up 7.62% 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 June of 2025.

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).

Report Features	Details
Product Name	Cocoa Butter
Synonyms	Theobroma oil, Cacoa butter
Supplier Database	Bo International, Olam International, Guan Chong Berhad (GCB), Wuxi Huadong Cocoa Food Co.,Ltd, Lotus Chocolate Co. Ltd., Nuts.com
Region/Countries Covered	Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency	US$ (Data can also be provided in local currency)
Supplier Database Availability	Yes
Customization Scope	The report can be customized as per the requirements of the customer
Post-Sale Analyst Support	360-degree analyst support after report delivery

The price of cocoa butter in the United States for 2023 reached 5691 USD/MT. The price of cocoa butter in Germany for 2023 reached 5871 USD/MT.

Explore IMARC’s newly published report, titled “Cocoa Butter Pricing Report 2025: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of cocoa butter pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

The global cocoa mass market is projected to expand at a CAGR of XX% during the forecast period (2023-2030). The market is valued at XXX million in 2023 and is expected to reach XXX million by 2030. Cocoa mass, a versatile and rich ingredient, is widely used in the production of chocolate, confectionery, and bakery products. Growing demand for premium chocolate and confectionery items, coupled with increased awareness of the health benefits associated with cocoa, is driving the market growth. The market is also fueled by the rising disposable income and changing consumer preferences in emerging economies. Major players in the cocoa mass market include Cargill, Olam International, Barry Callebaut, SunOpta, Blommer, Niche Cocoa Industry Ltd, Ciranda, United Cocoa Processor, JB Cocoa, Cofina Cocoa, and Altınmarka. These companies are engaged in product innovation, expansion, and strategic partnerships to strengthen their market presence. The market is also influenced by factors such as fluctuating cocoa bean prices, weather conditions, and geopolitical issues in cocoa-producing regions.

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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 increasing popularity of chocolate-flavored beverages. This trend is particularly prominent in emerging economies, where consumers' disposable income is on the rise, leading to a growing demand for indulgent food and beverage products. However, market expansion is not without challenges. Volatility in the prices of cocoa beans, influenced by weather conditions and supply chain inconsistencies, poses a significant risk to market growth. Furthermore, regulatory hurdles impact adoption, with stricter regulations on the use of cocoa in food and beverage products in various regions. To capitalize on market opportunities and navigate challenges effectively, companies must focus on supply chain optimization, exploring alternative sources for cocoa beans, and investing in research and development to create innovative, sustainable, and cost-effective cocoa-based products.
By addressing these challenges and leveraging market trends, players in the market can seize opportunities for growth and maintain a competitive edge.

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

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The market encompasses various segments, including cocoa bean farming, agronomy, harvesting, baking, confectionery, organic, shade-grown, and agroforestry. Cocoa bean antioxidants and flavonoids have gained significant attention due to their health benefits, driving research and development in the industry. Sustainable cocoa bean farming practices, such as agroforestry, are increasingly adopted to ensure long-term productivity and environmental sustainability. The organic segment continues to grow as consumers demand healthier and ethically sourced products. Cocoa bean cultivation techniques and conferences serve to exchange knowledge and innovations, fostering market competitiveness.
The baking sector utilizes cocoa beans to create a wide range of delectable treats, while confectionery companies incorporate them into their premium chocolate products. Overall, the market exhibits dynamic trends and continuous evolution, catering to diverse consumer preferences and industry demands.

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.

Application

  Confectionery
  Functional food and beverage
  Cosmetics
  Others


Product

  Cocoa butter
  Cocoa powder
  Cocoa beverages
  Others


Type

  Forastero
  Trinitario
  Criollo
  Forastero
  Trinitario
  Criollo


Nature

  Organic
  Conventional
  Organic
  Conventional


Sale Channel

  B2B
  B2C
  B2B
  B2C


Geography

  North America

    US
    Canada


  Europe

    Belgium
    France
    Germany
    Italy
    The Netherlands


  APAC

    China
    India
    Indonesia


  Rest of World (ROW)

By Application Insights

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

The market experiences continuous growth due to the increasing demand for cocoa-based chocolate and confectionery products, particularly low-fat alkalized or natural cocoa powders in items like toffee, hard candy, boiled sweets, marshmallows, count lines, and fondants. This trend is driven by consumers' preference for healthier options. Companies such as Mars and Nestle are innovating by launching products with high cocoa mass, enhancing chocolate liquor flavor. For instance, Prodigy Snacks Ltd, a UK confectionery firm, introduced Phenomenoms, a new chocolate biscuit range in two flavors on May 30, 2022. Cocoa bean processing involves several stages, including fermentation, drying, grinding, and packaging, which must adhere to sustainability and certification standards.

Regulations, labor concerns, and technology advancements impact the market dynamics. Cocoa bean storage, acquisitions, and logistics are crucial for maintaining quality and efficiency. Pests, diseases, and counterfeiting pose challenges, while research and breeding efforts aim to increase yield and improve flavor. The market is competitive, with various alternatives and deforestation concerns. Cocoa bean trading, automation, and genetics also influence production and pricing.

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The Confectionery segment was valued at USD 5.14 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

Europe is estimated to contribute 39% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape th

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

Report Features	Details
Product Name	Cocoa
Synonyms	Cacao, Cocoa bean, Chocolate bean
HS Code	18010000
Industrial Uses	Chocolate Production, Baking and Confectionery,Beverages, Cosmetics, Pharmaceuticals, Nutraceuticals
Supplier Database	Cargill Incorporated, Cocoa Processing Company Limited (CPC), ECOM Agroindustrial Corp. Limited, PRONATEC AG, Blommer Chocolate Company, Tradin Organic Agriculture B.V.
Region/Countries Covered	Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency	US$ (Data can also be provided in local currency)
Supplier Database Availability	Yes
Customization Scope	The report can be customized as per the requirements of the customer
Post-Sale Analyst Support	360-degree analyst support after report delivery

In March 2023, the cocoa butter price stood at $5,136 per ton (FOB, Netherlands), with an increase of 2.7% against the previous month.

In 2024, the global cocoa butter market increased by 42% to $13.6B, rising for the second consecutive year after two years of decline. Over the period under review, the total consumption indicated a strong increase from 2012 to 2024: its value increased at an average annual rate of +6.8% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period.

Graph and download economic data for Producer Price Index by Commodity: Processed Foods and Feeds: Cocoa Butter, Liquor, and Cocoa Base Chocolate Syrup Made from Cacao Beans (WPU025401053) from Dec 2011 to Jun 2020 about chocolate, cocoa, fat, processed, food, commodities, PPI, inflation, price index, indexes, price, and USA.

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

Report Features	Details
Product Name	Chocolate Liquor
Synonyms	Cocoa liquor, Cocoa paste, Cocoa mass
Industrial Uses	Dark chocolate, White chocolate, Milk chocolate, Chocolate bars, Chocolate powders
Supplier Database	Guan Chong Berhad (GCB), Wuxi Huadong Cocoa Food Co.,Ltd, Lotus Chocolate Co. Ltd, Olam International
Region/Countries Covered	Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency	US$ (Data can also be provided in local currency)
Supplier Database Availability	Yes
Customization Scope	The report can be customized as per the requirements of the customer
Post-Sale Analyst Support	360-degree analyst support after report delivery

10992 United States import shipment records of Cocoa mass from Na with prices, volume & current Buyer’s suppliers relationships based on actual United States import trade database.

9189 Global import shipment records of Cocoa Mass with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

United States - Producer Price Index by Commodity: Processed Foods and Feeds: Cocoa Butter, Liquor, and Cocoa Base Chocolate Syrup Made from Cacao Beans was 103.00000 Index Dec 2011=100 in June of 2020, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Processed Foods and Feeds: Cocoa Butter, Liquor, and Cocoa Base Chocolate Syrup Made from Cacao Beans reached a record high of 124.80000 in December of 2015 and a record low of 86.00000 in July 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: Cocoa Butter, Liquor, and Cocoa Base Chocolate Syrup Made from Cacao Beans - last updated from the United States Federal Reserve on June of 2025.

After three years of growth, purchases abroad of cocoa butter decreased by -11.7% to 112K tons in 2023.

The global food-grade cocoa butter market is experiencing robust growth, driven by increasing demand for chocolate and confectionery products worldwide. The market size in 2025 is estimated at $2.5 billion, exhibiting a Compound Annual Growth Rate (CAGR) of 5% from 2025 to 2033. This growth is fueled by several factors, including rising disposable incomes in emerging economies, increasing consumer preference for premium chocolate products, and the expanding use of cocoa butter in cosmetics and pharmaceuticals. The natural cocoa butter segment holds a significant market share due to its perceived health benefits and growing consumer awareness of natural ingredients. Key application areas include chocolate making, which remains the dominant segment, followed by candy making and other applications such as cosmetics and pharmaceuticals. Geographic expansion into rapidly developing markets in Asia-Pacific and the Middle East & Africa is contributing significantly to market expansion. However, challenges such as fluctuating cocoa bean prices, supply chain disruptions, and sustainability concerns related to cocoa production act as restraints on market growth. Major players like Barry Callebaut, Cargill, and Olam International are actively investing in research and development to improve cocoa butter quality, sustainability, and production efficiency, further shaping the market dynamics. The market's future trajectory is projected to remain positive, with sustained growth across different segments and regions. The increasing demand for ethically sourced and sustainable cocoa butter will likely drive innovation in farming practices and supply chain management. This focus on sustainability, coupled with rising consumer preference for premium and specialized chocolate products, will present lucrative opportunities for industry participants. Companies are expected to focus on product diversification, strategic partnerships, and geographic expansion to capitalize on this promising market outlook. The increasing popularity of cocoa butter in health and beauty products is also anticipated to create additional avenues for market expansion in the coming years.

Global Cocoa market size 2025 was XX Million. Cocoa Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.

Graph and download economic data for Producer Price Index by Industry: Chocolate and Confectionery Manufacturing from Cacao: Cocoa Butter/Liquor/Cocoa Base Chocolate Syrup, Cacao Beans (PCU31135131135173) from Dec 2011 to Jun 2016 about chocolate, cocoa, confectionery, beans, fat, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.

The Industrial Chocolate Production industry has experienced growth, despite volatility from fluctuating cocoa prices. The industry's production, which includes processed cocoa beans to manufacture cocoa products, including cocoa powder, liquor and butter, is largely destined for chocolate confectionery producers, although bakers and dairy beverage producers also buy cocoa products to infuse into their foods. In recent years, fluctuations in cocoa prices have been offset by improving disposable incomes and greater demand for premium chocolate goods. Despite an added emphasis on health consciousness by American consumers, overall industry revenue has been increasing at a CAGR of 8.7% over the past five years and is expected to reach $3.4 billion in 2024, including a 34.0% revenue boost in 2024 alone. Revenue for producers corresponds with demand for chocolate and the price of cocoa beans. High demand for chocolate raises the selling price of cocoa beans and products, especially when supply is limited. This allows industrial chocolate producers to charge higher prices for products. Conversely, weak demand and falling cocoa prices devalue inventory, forcing losses on operators. Cocoa prices fluctuated wildly in recent years, which has ultimately made it difficult for producers to optimally price goods, even as overall selling prices have risen slightly in recent years. As a result, profit only marginally increased over the past five years. Market conditions are expected to be more stable moving forward, although a projected decline in cocoa prices will hurt selling prices for industrial chocolate producers. According to current projections, the world price of cocoa will decline moving forward. This will outweigh new opportunities for small companies, which will enter the industry to meet demand from health-conscious and environmentally friendly consumers who seek to purchase organic, sustainably sourced cocoa that demands premium prices. Consequently, industry revenue is forecast to contract at a CAGR of 1.1% over the five years to 2029 to $3.2 billion in 2029.

In May 2022, the cocoa butter price per ton amounted to $4,826 (CIF, US), remaining constant against the previous month.

The cocoa derivatives market is estimated to be worth USD 25.23 billion in 2025 and is projected to reach USD 72.96 billion by 2035, expanding at a CAGR of 11.2% over the forecast period. The industry is on an upward trajectory due to the rise in demand for cocoa-based ingredients in various sectors including food, drinks, and cosmetics.

Metrics	Values
Industry Size (2025E)	USD 25.23 billion
Industry Value (2035F)	USD 72.96 billion
CAGR (2025 to 2035)	11.2%

Semi-Annual Market Update

Particular	Value CAGR
H1 (2024 to 2034)	10.8%
H2 (2024 to 2034)	11.2%
H1 (2025 to 2035)	10.9%
H2 (2025 to 2035)	11.4%

Segment-wise Analysis

Segment	Value Share (2025)
Cocoa Butter (By Type)	42%

Segment	Value Share (2025)
Bakery & Confectionery (By Application)	55%

Country-wise Analysis

Countries	CAGR (2025 to 2035)
USA	5.5%
UK	5.1%
France	5.8%
Germany	6.3%
Italy	5.2%
South Korea	4.7%
Japan	4.5%
China	4.2%
Australia	5.0%
New Zealand	4.9%

Competitive Outlook

Company Name	Estimated Market Share (%)
Barry Callebaut	22-26%
Cargill	18-22%
Olam International	14-18%
Blommer Chocolate Company	10-14%
ECOM Agroindustrial Corp.	8-12%
Other Companies (combined)	30-40%