Cocoa Ingredients Market Size to Hit USD 13.81 Billion in 2025

Cocoa Ingredients Market Size, Growth, and Trends 2025 to 2034

The global cocoa ingredients market size is forecasted to expand from USD 13.81 billion in 2025 to USD 20.70 billion by 2034, growing at a CAGR of 4.6% during the forecast period from 2025 to 2034. This market is expected to witness steady growth over the forecast period, supported by rising consumption of premium chocolate, expanding applications in bakery, confectionery,

Last Updated: 02 December 2025 Category: Food Services Industry Insight Code: 5940 Format: PDF / PPT / Excel

Cocoa Ingredients Market Size, Share and Regional Insights

The global cocoa ingredients market size reached at USD 13.20 billion in 2024 and is anticipated to increase from USD 13.81 billion in 2025 to an estimated USD 20.70 billion by 2034, witnessing a CAGR of 4.6% during the forecast period from 2025 to 2034. The market is driven by the increasing consumer preference towards sustainable and health-conscious products.

Cocoa Ingredients Market Size 2025 to 2034

Key Highlights

  • By region, North America dominated the market revenue in 2024.
  • By region, Europe is expected to grow fastest during the forecast period.
  • By region, Asia Pacific is expected to grow at a notable rate during the forecast period.
  • By application, the chocolates segment held a major market share in 2024.
  • By application, the confectionery segment is projected to grow at a CAGR between 2025 and 2034.
  • By type, the cocoa powder segment dominated the global market revenue in 2024.
  • By type, the cocoa butter segment is expected to grow fastest during the forecast period.
  • By form, the solid cocoa segment held a major market share in 2024.
  • By form, the liquid cocoa segment is projected to grow at a CAGR between 2025 and 2034.
  • By end use, the food industry segment held a major market revenue in 2024.
  • By end use, the beverage industry segment is projected to grow at a CAGR between 2025 and 2034.

Industry Coverage

Study Coverage Details
Growth Rate from 2025 to 2034 CAGR of 4.6%
Market Size in 2025 USD 13.81 Billion
Market Size in 2026 USD 14.44 Billion
Market Size by 2034 USD 20.70 Billion
Largest Market North America
Base Year 2024
Forecast Period 2025 to 2034
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

What is Cocoa Ingredients Market in 2024?

Cocoa ingredients start with cacao beans, which are processed into cocoa solids, cocoa butter, and cocoa liquor. Cocoa powder contains fat, protein, and carbohydrates, along with minerals such as magnesium and manganese. Other ingredients such as lecithin, milk, and sugar can be added, depending on the product. 

The cocoa ingredients market growth is driven by various factors such as the increasing consumer preference towards ethically sourced and sustainable cocoa, expansion of use of cocoa beyond confectionery into food products and beverages and increasing consumer demand for healthy and premium chocolate products. In addition, increasing disposable incomes in emerging countries and rising innovation in product development, including functional ingredients and plant-based alternatives, are expected to drive market growth. 

  • Industry Growth Overview: Between 2025 and 2034, the cocoa ingredients industry is expected to see rapid growth due to the increasing consumer interest in dark chocolate and its health benefits, increasing demand for dark chocolate and its health benefits, increasing demand for beverages, confectionery and dark chocolate and its health benefits, increasing demand for beverages, confectionery and dark chocolate and its health benefits, increasing demand for beverages, confectionery and chocolate. In addition, the market growth of cocoa ingredients market is also driven by the increasing focus on quality, innovation and sustainability, increasing consumer awareness towards health and wellness and expansion of food and beverage industry, especially in Asia-Pacific, Europe and Middle East and Africa.
  • Increasing consumer preference towards sustainability: The preference towards sustainability in cocoa ingredients industry is driven by increasing consumer demand for environmentally friendly and ethically sourced products, coupled with increasing focus on
  • Startup Ecosystem: The startup ecosystem in the cocoa ingredients industry is significantly focused on innovation in alternative and sustainable cocoa sources, driven by volatile prices, ethical concerns, and climate issues in the traditional supply chain. Various companies are integrating new technologies or sustainable practices into their existing operations, which may expected to drive the growth of the cocoa ingredients market.

How do Advanced Technologies Revolutionize the Market?

The rise of technological advancements in the cocoa ingredients industry focuses on enhancing sustainability, efficiency and quality through methods such as automation, cold-pressing, and advanced fermentation. The rise of innovations such as new processing techniques, precision fermentation for functional ingredients, and AI-powered supply chain monitoring. These technologies improved nutritional value and higher yields and enable better flavor while helping address supply chain issues such as deforestation. These factors are expected to revolutionize the growth of the cocoa ingredients market in the coming years. 

Trade Analysis of Cocoa Ingredients Market: Import & Export Statistics

  • India: India imported 8,541 shipments of chocolate between October 2023 to September 2024, based on chocolate import in India statistics. Over 54,700 shipments of dark chocolate had been imported across the globe, according to chocolate import data for 2025. Mostly from Switzerland, Singapore and Luxembourg, India also imported 138.37 million worth of chocolate between 2024 to 2025. 
  • China: Cocoa Powder is the 992nd most exported product in China and exported 25.3 million of cocoa powder in 2024. The main destination of China’s cocoa powder exports was Indonesia (1.56M), Morocco (1.98M), Algeria (2.48M), Thailand (2.55M) and Philippines (3.03M).

Value Chain Analysis of Cocoa Ingredients Market

Raw Material Procurement

  • In the cocoa ingredients industry, the raw material procurement deals with strategic procedure of purchasing, evaluating, processing, sourcing and packaging of clean-label food products from the various natural, plant-based, natural, sustainable and processed beverages.

Packaging and Branding

  • Branding and Packaging for global cocoa ingredients market focuses on creating packaging which may ensures remain stable, safe and fresh by protecting them from contamination, light and moisture.

Waste Management and Recycling

  • The waste management and recycling industry for cocoa ingredients include rejected batches and leftover raw materials such as sweeteners, flavors and tastes of baker products and dark chocolates, that boosts the growth of the market.

Cocoa Ingredients Industry Regulatory Landscape: Global Regulations

Country Regulatory Body Key Regulations Focus Areas Notable Notes
India Food Safety and Standards Authority of India (FSSAI) Food Safety and Standards (Packaging and Safety Regulations) and Licensing and Registration of Food Businesses) The cocoa ingredients market focuses on protein-rich and functional beverages industries, enhance nutritional profile and sustainability and health and wellness. The market also focuses on consumer health, dietary supplements and functional beverages due to rich nutritional profile.  Cocoa ingredients are highly utilized in the natural and protein-rich beverage ingredients for their capacity to enhance the efficiency, consistency and quality of high-quality beverages, to enhance consumer immune system and health and wellness.

Regional Insights

Why Does North America Dominating the Cocoa Ingredients Market Revenue in 2024?

North America dominated the global market revenue in 2024. The market growth in the region is driven by factors such as the increasing consumer interest in sustainably sourced, organic and premium products, rise in health-conscious consumers, increasing demand for confectionery and chocolate products, increasing busy lifestyles, growing expansion of e-commerce platforms, increasing demand for natural, functional and sustainable beverages, increasing demand for high-quality protein-rich beverages, consumer awareness of nutrition and increasing consumer focus towards sustainability. 

The U.S. Cocoa Ingredients Market Trends

The U.S. dominated the cocoa ingredients industry in 2024, driven by the increasing demand for clean-label products and premiumization, increasing consumer preference towards in plant-based and healthier options such as dark chocolate, and increasing consumer demand for cocoa-based and chocolate products in food and beverages.

Europe is expected to grow fastest during the forecast period. The cocoa ingredients market growth in the region is driven by factors such as the increasing consumer busy and changing lifestyles, convenience, increasing consumer preference towards ethically produced and clean-label ingredients, increasing consumer preference towards functional and sustainable food and beverages, growing rapid urbanization, increasing demand for convenient and quick nutrition solutions, increasing disposable and rising innovation in applications across beverages, bakery and confectionery. The UK, Germany and France are the fastest growing countries driving the market growth. 

The UK Cocoa Ingredients Market Trends

The cocoa ingredients industry in the UK is growing significantly, driven by increasing demand for sustainable, ethically sourced and premium products and increasing health-conscious consumers. In addition, major drivers such as increasing demand for cocoa-based beverages and increasing use of cocoa powder in various chocolates and chocolate products, further drive the market growth in the country.

Asia Pacific is expected to grow at a notable rate during the forecast period. The cocoa ingredients market growth in the region is attributed to the factors such as the growing food and beverage industry, increasing government regulatory frameworks in the chocolate sector, increasing demand for dark chocolates, increasing busy and changing lifestyles seeking for easy and quick chocolate products, increasing consumer focus on clean-label ingredients and sustainability and increasing demand for functional and sustainable food and beverages. China, India, Japan and South Korea are the notable countries driving the market growth.

India Cocoa Ingredients Market Trends

The market growth in the country is attributed to the factors such as increasing affordability, increasing demand for sustainable and ethically sourced options, increasing adoption of chocolate options with healthy options, increasing consumer consciousness, increasing demand for dark chocolates, and rapid urbanization. 

How Does Middle East and Africa are Fueling the Cocoa Ingredients Market in 2024?

The market growth in the region is driven by increasing demand for functional and artisanal chocolate products, changing consumer preferences, and rapid urbanization. Market growth is also attributed to increasing disposable incomes, increasing awareness of health benefits, increasing rapid consumption of dark chocolates, and increasing consumer trends towards health and wellness. South Africa, UAE, Saudi Arabia and Kuwait are the major countries driving the market growth. 

South Africa Cocoa Ingredients Market Trends

The cocoa ingredients industry in South Africa is driven by the growing rapid expansion of food and beverage industry, increasing consumer preference towards ethically sourced and sustainable food options and increasing consumer health awareness. Major drivers such as rising innovation in packaging and processing and increasing changing and modern lifestyles, which further drive market growth in South Africa.

South America Cocoa Ingredients Market Trends

The cocoa ingredients industry is the largest in countries and driven by increasing preference towards premium and healthier products, emphasis on traceable and sustainable sourcing, preference in organic and specialty cocoa and major consumption and production for chocolate and cocoa products. Brazil, Mexico and Argentina are the major countries in the region.

Mexico Cocoa Ingredients Market Trends

The market growth in Mexico is driven by factors such as evolving consumer preferences towards premium and healthier products, emphasis on traceable and sustainable sourcing, global interest in organic and specialty cocoa, increasing local consumption of chocolate products and increasing demand for both traditional chocolate products.

Segmental Insights

Application Insights

Why is Chocolates Segment Dominating the Cocoa Ingredients Market?

The chocolate segment dominated the global market revenue in 2024. Chocolates play an important role in the cocoa ingredients industry, driven by increasing use of cocoa ingredients in products such as beverages and baked products, increasing consumer demand for functional, healthy and premium chocolates such as dark chocolates, increasing consumer trend towards health and wellness, increasing demand for artisanal chocolates and increasing consumer focus towards sustainable and ethical sourcing.

The Confectionery Segment is Expected to Grow Fastest During the Forecast Period. 

The segment growth in the market is driven by factors such as increasing demand for ethically sourced and natural ingredients, expansion of e-commerce platforms, rising innovation in products such as plant-based and functional chocolates, increasing changing consumer preferences towards sustainable and healthier options, premiumization of products and increasing disposable incomes.

The beverages segment is expected to grow at a notable rate during the forecast period. The beverage segment is expected for continuous engagement among indulgent and health-conscious consumers, with increasing consumer preference towards specialty coffee, hot cocoa and chocolate-flavored drinks. In addition, beverage application also plays a crucial role in the cocoa ingredients market, with beverages representing a growing area and major area of demand, further drives the market growth.

Type Insights

How Does the Cocoa Powder Dominating the Cocoa Ingredients Market?

The cocoa powder segment dominated the global market revenue in 2024. Cocoa powder is a major ingredient in the market due to its broad application and versatility in beverages, bakery and confectionery, driven by its functional and flavor properties. The significance of cocoa powder is further driven by rising technological advancements in processing and increasing consumer demand for health-oriented and indulgent products, including functional foods rich in antioxidants.

The Cocoa Butter Segment is Expected to Grow Fastest During the Forecast Period. 

The segment growth in the market is attributed to the factors such as the increasing demand and innovation for substitutes, increasing volatile and high price of conventional cocoa butter, increasing use in the expanding personal care and confectionery sectors, increasing demand for ethically sourced and premium products and increasing consumer preference towards natural ingredients in cosmetics and food.

The cocoa cake segment is expected to grow at a notable rate during the forecast period. Cocoa cake is a major component in the global market, significantly serving as a major ingredient in cocoa powder, which is highly utilized in a huge range of dairy products, beverages and baked products. It gives baked products their signature color, helps control moisture, provides intense chocolate flavor as a byproduct of cocoa butter extraction. 

Form Insights

What Factors Help Solid Ingredients Segment to Grow in 2024?

The solid ingredients segment dominated the global cocoa ingredients market in 2024. Solid cocoa ingredients are vital to the cocoa market, as they are source of chocolate’s texture, color and flavor and are crucial for manufacturing everything from chocolate bars to several beverages and baked products. They also include cocoa powder, which is highly utilized for its concentrated cocoa solids and flavor. In addition, the increasing demand for functional, darker and healthier chocolate products is further driving the market growth.

The Liquid Ingredients Segment is Expected to Grow Fastest During the Forecast Period. 

Liquid cocoa ingredients such as cocoa liquor are essential for versatility, allowing rapid processing in applications including fillings, high-quality chocolate and beverages. They also streamline throughput, support efficient production lines and provide a rich flavor foundation for both novel and traditional products, such as flavored supplements and dairy-free options.

The powder ingredients segment is expected to grow at a notable rate during the forecast period. Cocoa powder play an important role in the cocoa ingredients market as a essential and versatile ingredient for creating a huge range of products such as baked goods, beverages and chocolate. The primary function of powder ingredients to provide a deep color and rich flavor and highly used in products from milk drinks and ice cream to nutritional supplements to artisan confections. 

End Use Insights

Why is Food Industry Segment Dominating the Cocoa Ingredients Market?

The food industry segment dominated the global market revenue in 2024. The segment growth in the market is attributed to the factors such as the increasing applications in the beverage, dairy and bakery sectors, rising innovations in product development, increasing consumer preference towards ethically sourced and sustainable cocoa, increasing disposable incomes in developing countries and increasing consumer demand for functional and premium products.

The Beverage Industry is Expected to Grow at a Notable Rate During the Forecast Period. 

The segment growth in the cocoa ingredients market is driven by factors such as increasing consumer preference towards sustainable and ethically sourced beverages, and increasing demand for healthier, functional and premium drinks. These factors are supported by expansion of e-commerce and increasing disposable incomes, which enable for wider accessibility and greater purchasing to diverse cocoa-based products, further increase the demand for beverage industry.

The cosmetics industry segment is expected to grow at a notable rate during the forecast period. The growth of the cosmetic industry in the market is driven by the increasing demand for organic and natural products and the ingredient’s moisturizing, antioxidant and natural properties. In addition, other factors such as increasing industry trend of using cocoa-based ingredients across food and beverage and increasing awareness of cocoa’s skin-enriching and anti-inflammatory benefits, further increase the demand for cosmetic industry.

Recent Developments in the Cocoa Ingredients Market

CSN Ingredients Group

  • Launch: In November 2025, a Nexture company, CSN Ingredients Group launched the new carob-based range of cocoa alternatives, Nuare. This cocoa alternative designed to unlock untapped creative potential in baking and ice cream formulations while also growing sustainability demands and addressing market volatility concerns. (Source: Asia Food Journal)

Celleste Bio

  • Launch: In October 2025, Celleste Bio launched the first chocolate-grade cocoa butter made using plant cell culture technology. The aim behind this launch was to support cocoa supply stability amid ongoing market challenges. (Source: Food Ingredients first)

Top Vendors in Cocoa Ingredients Market & Their Offerings

  • Barry Callebaut: The company serving various industries from food manufacturers to artisans, focuses on both chocolate and cocoa products and as one of the world's largest suppliers.
  • Cargill: It has significant export revenue and operates with a focus on vertical integration and sustainability, as it is the major player in cocoa processing. 
  • Olam International: This company demonstrating its significant role in the global supply chain and leads in export volume and revenue.

Other Top Companies

Segment Covered in the Report

By Application 

  • Chocolates
  • Confectionery
  • Beverages
  • Bakery Products
  • Dairy Products

By Type 

  • Cocoa Powder
  • Cocoa Butter
  • Cocoa Cake
  • Cocoa Liquor

By Form 

  • Liquid
  • Solid
  • Powder

By End Use 

  • Food Industry
  • Beverage Industry
  • Cosmetics Industry
  • Pharmaceutical Industry

By Region

  • North America
  • Europe
  • Asia Pacific
  • MEA
  • Latin America
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  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Vidyesh Swar, Senior Research Analyst at Towards Food & Beverages, specializes in market research, focusing on supply-demand evaluation, pricing analysis, alternative proteins, plant-based foods, and sustainable food technologies within the industry.

Learn more about Vidyesh Swar

Aditi Shivarkar, with 14+ years in Food and Beverages market research, specializes in food, beverage, and eco-friendly packaging. She ensures accurate, actionable insights, driving Towards FnB's excellence in industry trends and sustainability.

Learn more about Aditi Shivarkar

Related Insights

FAQ's

The cocoa ingredients market reached USD 13.20B in 2024 and is projected to grow to USD 20.70B by 2034, registering a 4.6% CAGR. Growth is driven by premiumization, sustainability demand, and expansion across beverages and functional foods.

Key trends include rising demand for dark and premium chocolates, clean-label preferences, sustainable sourcing, and growth in functional food applications. Technological upgrades in processing and traceability also shape competitive strategies.

North America leads in revenue due to premium and sustainable product demand, while Europe shows the fastest growth and Asia Pacific demonstrates strong long-term potential driven by urbanization and rising chocolate consumption.

Chocolate and confectionery remain dominant, with high demand for premium and functional variants. The beverages category is the fastest expanding due to specialty drinks, cocoa-based lattes, and wellness beverages.

Cocoa butter is expected to grow fastest due to its increasing use in personal care, plant-based products, and premium confectionery. Technological innovations in cocoa butter alternatives also create new value pools.

The market is consolidated among major players like Barry Callebaut, Cargill, and Olam, with growing disruption from startups focused on sustainable alternatives, precision fermentation, and specialty cocoa ingredients.

High-potential segments include plant-based cocoa substitutes, functional cocoa powders, cell-culture cocoa butter, and specialty dark chocolate applications catering to health and premium trends.

Emerging regions like India, China, and South-East Asia are witnessing rapid growth from rising disposable incomes, busy lifestyles, and strong adoption of premium and functional chocolate-based beverages and foods.