Cocoa rose to 8,275.30 USD/T on July 14, 2025, up 1.20% from the previous day. Over the past month, Cocoa's price has fallen 18.06%, and is down 3.20% 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 July of 2025.

In 2024, the global cocoa bean market increased by 36% to $23.2B, rising for the second year in a row after two years of decline. In general, the total consumption indicated a temperate expansion from 2012 to 2024: its value increased at an average annual rate of +4.3% 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 +46.1% against 2022 indices.

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.

The market value of cocoa in all regions worldwide is forecast to grow between 2020 and 2028. Europe is the region with largest market value and is forecast to be valued at just over 8 billion U.S. dollars by 2028.

In 2024, the Ghanian cocoa bean market increased by 35% to $829M, rising for the second consecutive year after two years of decline. In general, consumption, however, saw a mild contraction. As a result, consumption attained the peak level of $2B. From 2021 to 2024, the growth of the market remained at a lower figure.

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Upon thorough cocoa industry analysis and research, the following factors has been identified as the critical market trends during the forecast period 2020-2024:

Initiatives toward zero deforestation for cocoa farming worldwide

The cocoa market report also provides several other key information including:

CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will drive cocoa market growth during the next five years
Precise estimation of the cocoa market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the cocoa market industry across Europe, MEA, APAC, North America, and South America
A thorough analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of cocoa market vendors

The Nigerien cocoa bean market declined markedly to $72M in 2024, which is down by -35.4% against the previous year. Over the period under review, consumption continues to indicate a deep setback. As a result, consumption reached the peak level of $1.6B. From 2015 to 2024, the growth of the market failed to regain momentum.

The revenue in the 'Chocolate Confectionery' segment of the food market in Mexico was forecast to continuously increase between 2025 and 2030 by in total *** billion U.S. dollars (+***** percent). After the tenth consecutive increasing year, the revenue is estimated to reach *** billion U.S. dollars and therefore a new peak in 2030. Notably, the revenue of the 'Chocolate Confectionery' segment of the food market was continuously increasing over the past years.Find other key market indicators concerning the average price per unit (PPU) and average revenue per user (ARPU).The Statista Market Insights cover a broad range of additional markets.

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On analysis of the Cocoa Market, it was observed that Global will post the highest growth among all the regions. This conclusion was made after through examination of the growth prospects of the market across several regions including Europe, MEA, APAC, North America, and South America.

The cocoa market report also provides several other key information including:

CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will drive cocoa market growth during the next five years
Precise estimation of the cocoa market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the cocoa market industry across Europe, MEA, APAC, North America, and South America
A thorough analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of cocoa market vendors

• Fat Reduced Cocoa Powder Market Scope:

Global Fat Reduced Cocoa Powder Market is estimated to be valued US$ XX.X million in 2019. The report on Fat Reduced Cocoa Powder Market provides qualitative as well as quantitative analysis in terms of market dynamics, competition scenarios, opportunity analysis, market growth, etc. for the forecast year up to 2029. The global fat reduced cocoa powder market is segmented on the basis of type, application, and geography.

Europe market was valued at US$ XX.X million in 2018 and is projected to reach US$ XX.X million in 2029, and register a CAGR of X.X% during the forecast period, according to a new Market.us (Prudour Research) study. Read More

The revenue growth in the 'Cocoa' segment of the hot drinks market in Brazil was forecast to decrease between 2024 and 2029 by in total 2.4 percentage points. This overall decrease does not happen continuously, notably not in 2026 and 2028. The indicator is estimated to amount to 4.33 percent in 2029. Find other key market indicators concerning the revenue and average consumption per capita. The Statista Market Insights cover a broad range of additional markets.

Global Cocoa Powder is segmented by Application (Bakery, Confectionery, Beverages, Cosmetics), Type (Natural, Dutch-Processed, Black, Organic) and Geography(North America, LATAM, West Europe, Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA)

As of 2021, the price of cocoa in Ghana was projected at 2.4 U.S. dollars per kilogram. This price was forecast to reach 2.5 U.S. dollars per kilogram between 2022 and 2024. However, in 2025, it is expected that 2.6 U.S. dollars would be paid for every kilogram of cocoa purchased from Ghana. The country is a leading producer of cocoa worldwide.

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.

The market size of cocoa in the Asia-Pacific region amounted to over *** billion U.S. dollars in 2020. The cocoa market size in the Asia-Pacific region was forecast to reach over *** billion U.S. dollars by 2028.

The price per unit in the 'Chocolate Confectionery' segment of the food market in the United States was forecast to continuously increase between 2025 and 2030 by in total *** U.S. dollars (+***** percent). After the tenth consecutive increasing year, the price per unit is estimated to reach ***** U.S. dollars and therefore a new peak in 2030. Notably, the price per unit of the 'Chocolate Confectionery' segment of the food market was continuously increasing over the past years.Find more key insights for the price per unit in countries and regions like the revenue in the 'Fresh Fruits' segment of the food market in the world and the average volume per capita in the 'Convenience Food' segment of the food market in Panama.The Statista Market Insights cover a broad range of additional markets.

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Chocolate Consumption Trends – Forecast Period 2020-2024

Factors such as increasing premiumization of chocolates will further boost the consumption volume of chocolate during the forecast period 2020-2024. The consumption trends will aid vendors in gauging the demand for the product during the next five years.

The chocolate market report also provides several other key information including:

CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will drive chocolate market growth during the next five years
Precise estimation of the chocolate market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the chocolate market industry across blank
A thorough analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of chocolate market vendors

The increasing premiumization of chocolates is notably driving the chocolate market growth, although factors such as unstable cocoa prices and declining per capita consumption may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the chocolate industry.

Cocoa Nibs Market has various product segments such as organic and conventional. Organic Cocoa Nibs are produced using cocoa beans that are grown without the use of synthetic pesticides or fertilizers. Conventional Cocoa Nibs are produced using cocoa beans that are grown using conventional farming methods, which may include the use of synthetic pesticides and fertilizers. Recent developments include: In 2019, a company called Tyson Foods also launched its new brand of snacks for its consumers. This new development in the company is expected to have a positive effect on the market and generate more revenue., In the year 2020, Nestle S.A launched its new range of products called Kitkat Gold. The new product is expected to increase the brand value of the company and its foothold in the market.. Key drivers for this market are: Growing Demand for Health-Conscious Products. Potential restraints include: The naturally bitter flavor of cocoa nibs may not appeal to all consumers, potentially limiting their adoption compared to sweeter chocolate products. Notable trends are: Increasing demand for natural ingredients is driving the market growth.

The Dominican cocoa bean market surged to $52M in 2024, growing by 17,402% against the previous year. Over the period under review, consumption continues to indicate a moderate expansion. Cocoa bean consumption peaked at $270M in 2022; however, from 2023 to 2024, consumption failed to regain momentum.

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