Cocoa fell to 8,211.11 USD/T on August 1, 2025, down 3.47% from the previous day. Over the past month, Cocoa's price has fallen 0.17%, but it is still 9.00% 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 August of 2025.

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.

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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

Cocoa prices have dropped significantly due to demand concerns and market challenges, affecting the chocolate industry.

Cocoa prices have surged due to short covering and global demand changes, with notable shifts in regional grindings and production forecasts impacting the market.

Cocoa prices show mixed trends due to global demand concerns, with significant impacts on production and sales.

Cocoa prices have plummeted, with significant drops in both NY and London futures. Key factors include reduced cocoa grindings, favorable weather in major producing regions, and high inventory levels.

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).

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...

Cocoa futures hit unprecedented levels as declining production in Ivory Coast raises supply concerns, affecting global markets.

Discover how hedge funds exiting the cocoa futures market have led to price surges and increased volatility, reshaping global cocoa trade dynamics.

In value terms, cocoa exports amounted to $43M in 2016. The total export value increased at an average annual rate of +3.0% over the period from 2007 to 2016, however, the trend pattern remained relat...

An analysis of the recent resurgence in cocoa futures, driven by supply apprehensions and West Africa's key role in global production.

Discover how global economic changes are affecting chocolate prices and demand, with insights into the top exporters navigating these challenges.

Hershey's large-scale cocoa bean purchase has shaken the market, causing increased volatility and affecting global cocoa trade dynamics.

Explore the recent decline in cocoa prices driven by reduced chocolate demand and revised sales forecasts by major chocolate producers.

Ivory Coast, the world's largest cocoa producer, considers increasing cocoa prices due to proposed U.S. tariffs, potentially affecting American consumers.

Cocoa prices are soaring due to tight market conditions and weather concerns in West Africa, with Ivory Coast at the center of the supply challenges.

In October 2022, the cocoa bean price amounted to $2,550 per ton (CIF, Spain), falling by -3.5% against the previous month.

In December 2022, the cocoa bean price was $2,761 per ton CIF Germany, roughly the same as the previous month.