Cocoa fell to 5,359.52 USD/T on December 1, 2025, down 0.82% from the previous day. Over the past month, Cocoa's price has fallen 18.29%, and is down 41.61% 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 December of 2025.

The price of chocolate bars in the UK was approximately 6.22 British pounds per kilogram in 2023. This represented an increase of 3.5 percent.

Graph and download economic data for Producer Price Index by Industry: Chocolate and Confectionery Manufacturing (PCU3113531135) from Dec 2011 to Sep 2025 about chocolate, confectionery, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.

This statistic depicts the average annual prices for cocoa from 2014 through 2027*. In 2025, the average price for cocoa stood at eight nominal U.S. dollars per kilogram.

The price for chocolate candy outpaced non-chocolate in 2019, averaging **** U.S. dollars per unit compared to **** for non-chocolate. In private label, chocolate candy was also priced higher than non-chocolate, although the spread between prices was greater. Private label chocolate candy was priced at an average of **** dollars per unit compared to **** for non-chocolate.

Average price per unit explained

The average unit price of a product is derived by dividing the total sales by the number of units sold. This data is valuable in helping to understand pricing of a product that may be sold in multiple formats of size and packaging. By calculating average unit price such variance is neutralized and product prices can be fairly compared. In the example above for instance, sales of private label chocolate candy totaled ***** million U.S. dollars and unit sales totaled **** million units. The former divided by the latter does indeed average **** dollars per unit.

Chocolate bar price in the United States: Get access to datasets from the world's biggest and respectable market research tool. 2 million reports updated monthly.

The average chocolate import price stood at $7,043 per ton in May 2025, stabilizing at the previous month.

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

Graph and download economic data for Producer Price Index by Commodity: Processed Foods and Feeds: Chocolate/Chocolate-Type Confectionery Products, Cacao Beans (WPU025503011) from Dec 2011 to Sep 2025 about chocolate, confectionery, processed, food, commodities, PPI, inflation, price index, indexes, price, and USA.

Cocoa prices in , October, 2025 For that commodity indicator, we provide data from January 1960 to October 2025. The average value during that period was 1.92 USD per kilogram with a minimum of 0.26 USD per kilogram in July 1965 and a maximum of 10.75 USD per kilogram in January 2025. | TheGlobalEconomy.com

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Dark Chocolate Market Size 2025-2029

The dark chocolate market size is forecast to increase by USD 37.37 billion, at a CAGR of 9.1% between 2024 and 2029.

The market is driven by the growing health consciousness among consumers, fueling the demand for dark chocolate due to its numerous health benefits. Dark chocolate, rich in antioxidants and minerals, is increasingly preferred over milk chocolate. Furthermore, the trend towards gourmet, artisanal, vegan, and gluten-free dark chocolate is gaining momentum, expanding the market's reach and appeal. However, the market faces challenges due to the volatility in raw material prices, primarily cocoa beans.
Producers and manufacturers must navigate this price instability to maintain profitability and competitiveness. To capitalize on the market's growth potential, companies should focus on innovation, catering to diverse consumer preferences, and implementing effective supply chain strategies to mitigate the impact of raw material price fluctuations.

What will be the Size of the Dark Chocolate 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.
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The dynamic nature of the market continues to unfold, driven by evolving consumer preferences and technological advancements. Health benefits associated with dark chocolate, derived from its high cocoa percentage and antioxidant properties, fuel demand across various sectors. Ingredient sourcing, from luxury chocolate to mass market varieties, influences production efficiency and sensory experience. Cocoa beans, the foundation of chocolate production, undergo rigorous quality control measures to ensure consistency and purity. Chocolate liquor, a key ingredient in chocolate bars and confections, is subject to process optimization for improved efficiency and cost savings. Consumer preferences for artisan chocolate, single origin, and fair trade options have led to product innovation and direct sales channels.

Cocoa powder, a versatile ingredient, finds applications in baking and beverages, including ice cream and chocolate cakes. Brand loyalty, driven by unique flavor profiles and sustainability practices, shapes pricing strategies for both luxury and mass market chocolate. Milk solids, cocoa mass, and cocoa butter are essential components in chocolate production, requiring ongoing process optimization to meet consumer demands and dietary restrictions. The continuous unfolding of market activities in the dark chocolate industry underscores the importance of ingredient sourcing, production efficiency, and consumer preferences. The sensory experience, from the first bite of a chocolate bar to the final luscious morsel of a chocolate truffle, remains a key differentiator for brands and manufacturers.

How is this Dark Chocolate Industry segmented?

The dark chocolate 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.

Type

  Conventional
  Organic


Distribution Channel

  Supermarkets
  Online Retail
  Specialty Stores


Product Type

  Bars
  Truffles
  Chips and Chunks
  Others


Geography

  North America

    US
    Canada


  Europe

    Belgium
    France
    Germany
    Italy
    UK


  APAC

    China
    India
    Japan


  Rest of World (ROW)

By Type Insights

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

In the dynamic the market, various formats cater to diverse consumer tastes and preferences. Dark chocolate bars, available in varying cocoa percentages, are popular choices, offering a rich, smooth texture and intense cocoa flavor. These bars, ranging from semi-sweet to bittersweet, are favored by chocolate connoisseurs. Additionally, dark chocolate blocks are widely used in baking and confectionery applications due to their versatility. Dark chocolate pieces or chunks, convenient for snacking and recipe incorporation, are also prevalent. Furthermore, the market presents an array of flavored dark chocolate products, infused with fruits, nuts, spices, and herbs, to add complexity and depth to taste profiles.

Dark chocolate is not only consumed as standalone bars but also used in the production of chocolate liquor, chocolate chips, chocolate cakes, chocolate mousses, chocolate truffles, ice cream, and other confectionery items. Wholesale distribution and retail channels ensure easy accessibility to consumers, while quality control measures maintain consistency in product offerings. Brand loyalty is a significant factor, with artisan chocolate and fair trade options appealing to consumers seeking ethically sourced, high-quality ingredients. Production efficiency, i

For the fourth consecutive year, Denmark recorded growth in overseas purchases of chocolate bars with fillings, which increased by 5.3% to 11K tons in 2023.

Snapshot img

Chocolate Market Size 2025-2029

The chocolate market size is forecast to increase by USD 52.7 billion, at a CAGR of 5.1% between 2024 and 2029. Increasing premiumization of chocolates will drive the chocolate market.

Major Market Trends & Insights

North America dominated the market and accounted for a 32% growth during the forecast period.
By Product - Milk chocolate segment was valued at USD 70.70 billion in 2023
By Distribution Channel - Offline segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 44.26 billion
Market Future Opportunities: USD 52.70 billion 
CAGR : 5.1%
North America: Largest market in 2023

Market Summary

The market is a dynamic and evolving industry, marked by continuous innovation and shifting consumer preferences. Premiumization of chocolates, driven by the increasing demand for high-quality, artisanal, and ethically sourced products, is a significant trend shaping the market. Simultaneously, advancements in chocolate packaging technology, such as biodegradable and reusable materials, are gaining traction, addressing consumer concerns around sustainability. However, the market faces challenges, including unstable cocoa prices and declining per capita consumption in key markets. According to recent studies, The market accounted for over 30% of the total confectionery market share in 2020.
Looking ahead, the market is expected to remain robust, with opportunities in emerging regions and the continued expansion of e-commerce platforms. For related markets, explore the dynamic world of the Nut Butter Market and the evolving trends in the Confectionery Coatings Market.

What will be the Size of the Chocolate Market during the forecast period?

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How is the Chocolate Market Segmented and what are the key trends of market segmentation?

The chocolate industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Product

  Milk chocolate
  Dark chocolate
  White chocolate


Distribution Channel

  Offline
  Online


Type

  Traditional
  Artificial


Cocao Content

  Low (<30%)
  Medium (30-60%)
  High (>60%)


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 Product Insights

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

In the dynamic the market, mass production techniques have significantly evolved, enabling the industry to cater to increasing demand. Traceability systems ensure product authenticity and consumer trust, while sensory evaluation methods maintain consistent taste and quality. Shelf life extension is a crucial focus, with quality assurance procedures and rheological properties ensuring optimal texture and preventing fat bloom. Tempering methods, process monitoring systems, and ingredient sourcing are essential components of the chocolate manufacturing process. Waste reduction strategies and sustainable sourcing practices are gaining importance, as is colorimetric analysis for maintaining uniform color. Conching techniques refine the chocolate's flavor, and microbial contamination control is vital for food safety.

Aroma compound profiling and melting point determination contribute to the unique taste experiences consumers expect. Supply chain management and energy efficiency improvements are essential for maintaining profitability and competitiveness. The market's continuous evolution includes product diversification, flavonoid quantification, sugar crystallization, and viscosity measurement. Quality control parameters, packaging optimization, and process optimization strategies ensure product excellence. Cocoa bean fermentation and shear thinning behavior influence the final product's flavor and texture. Flavor compound analysis and polyphenol content are essential for product differentiation and health benefits. According to recent studies, milk chocolate accounts for approximately 60% of the market.

Its popularity is attributed to its smoother and creamier taste. However, the health concerns surrounding milk chocolates have resulted in a decrease in demand, with sales projected to account for 57% of the market by 2027. Meanwhile, dark chocolate, with its higher cocoa solids content, is expected to capture a larger market share, growing from 32% to 39% during the same period. Another trend is the increasing focus on antioxidant capacity and product formulation, with chocolate liquo

The price per unit in the 'Chocolate Confectionery' segment of the food market in the United States was modeled to stand at ***** U.S. dollars in 2024. Following a continuous upward trend, the price per unit has risen by *** U.S. dollars since 2018. Between 2024 and 2030, the price per unit will rise by **** U.S. dollars, continuing its consistent upward trajectory.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Chocolate Confectionery.

Chocolate chip cookies, regardless of packaging size or type. Includes both organic and non-organic, as well as those with raisins, nuts, icing, or other similar features."

For the fourth consecutive year, Spain recorded growth in shipments abroad of chocolate bars with fillings, which increased by 4.2% to 22K tons in 2023.

For the fourth consecutive year, Germany recorded growth in shipments abroad of chocolate bars with fillings, which increased by 2.9% to 196K tons in 2023.

The market size for Switzerland Chocolate in 2021 was estimated at around USD 1.63 Bn. Whereas it will reach USD 2.11 Bn by 2029 with a significant growth rate of 3.28% Market Dynamics of Switzerland Chocolate Market

Key Drivers of Chocolate Market

Increasing Consumption in Developing Economies

The expansion of the middle class and urbanization in nations such as India, China, and Brazil is driving up the demand for chocolate. As disposable incomes rise, so does the desire for premium and imported chocolate varieties. The growth of modern retail and the penetration of e-commerce are making chocolates more accessible, particularly in tier-2 and tier-3 cities. Furthermore, the increasing youth demographic and the culture of gifting during festivals and holidays are contributing to significant volume growth in these emerging markets.

Innovation in Flavors, Formats, and Functional Ingredients

Brands are persistently innovating with unique flavors (such as chili, matcha, and sea salt), inclusions (like nuts, berries, and cereals), and health-oriented ingredients (including probiotics, protein, and plant-based sweeteners). Dark, vegan, sugar-free, and organic chocolates are becoming more popular among health-conscious consumers. Formats such as bite-sized chocolates, drinkable options, and filled bars are also appealing to millennials and Gen Z. These innovations foster product differentiation and enhance brand loyalty in competitive retail settings.

Increasing Demand for Premium and Artisanal Products

Consumers are progressively looking for high-quality, ethically sourced chocolate that features unique textures and rich cocoa content. Premium chocolate brands that provide bean-to-bar traceability, single-origin sourcing, and artisanal presentation are flourishing, particularly in North America and Western Europe. Chocolatiers and gourmet brands are expanding their reach through online platforms and boutique stores to connect with affluent consumers who value indulgence, brand storytelling, and quality over quantity.

Key Restraints in Chocolate Market

Fluctuations in Cocoa Prices and Disruptions in the Supply Chain

Cocoa bean prices are subject to variations due to climatic factors, political unrest in key producing nations such as Côte d'Ivoire and Ghana, and imbalances in global supply and demand. The increasing costs of inputs like sugar, milk, and energy further elevate production expenses. Smaller manufacturers, operating on narrow profit margins, find it challenging to absorb these rising costs, resulting in pricing pressures, reformulations, or diminished profitability, particularly during global shipping delays or agricultural disruptions.

Health Issues Associated with Sugar and Caloric Intake

As consumers grow more health-conscious, worries regarding obesity, diabetes, and sugar consumption are impacting the regular consumption of traditional milk and white chocolates. In some regions, regulatory measures now require front-of-pack nutrition labeling and the implementation of sugar taxes, which may sway consumer preferences. This trend is shifting demand towards dark, low-sugar, or functional alternatives, thereby constraining growth in the mass-market confectionery sector.

Challenges in Environmental and Ethical Sourcing

The cocoa industry faces challenges such as deforestation, child labor, and unethical trade practices, which have resulted in reputational risks for chocolate manufacturers. Brands are increasingly under scrutiny from consumers and advocacy groups regarding their sustainability credentials. Ensuring that cocoa is traceable and ethically sourced (for instance, through certifications like Rainforest Alliance and Fairtrade) introduces additional operational complexity and costs. Failing to meet Environmental, Social, and Governance (ESG) expectations can damage brand equity and lessen appeal, particularly in Western markets where there is a growing emphasis on ethical consumption.

Key Trends of Chocolate Market

Plant-Based and Vegan Chocolate Surge

With the increasing popularity of vegan and flexitarian diets, brands are innovating by creating dairy-free chocolates made from almond, oat, or rice milk. Vegan chocolates have transitioned from a niche market to mainstream availability, offering a diverse range of flavors and premium branding. Companies are also reformulating their products to...

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).

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