World - Cocoa Beans - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

World - Cocoa Beans - Market Analysis, Forecast, Size, Trends and Insights

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Chocolate Making From Cocoa Beans

Chocolate making from cocoa beans is a multi-step process that involves several stages of harvesting, fermenting, drying, roasting, grinding, and conching. This intricate process is necessary to transform the humble cocoa bean into the delicious chocolate bars and treats that we enjoy.

The first step in chocolate making is harvesting the cocoa beans. The beans are found in large pods that grow on cocoa trees. Harvesters carefully cut the pods from the trees and remove the beans inside. The beans and pulp are then placed in containers to ferment for several days. Fermentation is a crucial step as it helps develop the chocolate's flavor and aroma.

After fermentation, the cocoa beans are spread out to dry either in the sun or using drying machines. Drying can take up to a week and is necessary to reduce the moisture content of the beans. Proper drying ensures that the beans can be stored without molding and helps to concentrate their flavor.

Once the beans are fully dried, they are ready for roasting. Roasting involves heating the beans to bring out their flavors and to remove any remaining moisture. The temperature and duration of roasting can vary depending on the desired flavor profile and the type of chocolate being produced.

After roasting, the cocoa beans are cracked and winnowed, which removes the outer shell and produces cocoa nibs. These nibs can be ground into a paste called cocoa liquor or chocolate liquor. The cocoa liquor can further be processed to separate the cocoa solids from cocoa butter. The solids are then finely ground to produce cocoa powder, while the cocoa butter is used in various chocolate recipes for its smooth texture and rich flavor.

To create the smooth and creamy texture of chocolate, the cocoa liquor is subjected to a process called conching. Conching involves mixing and grinding the chocolate mixture for hours or even days at a controlled temperature. This process helps refine and distribute the cocoa butter evenly throughout the chocolate, resulting in a smooth and silky texture.

Once the chocolate is conched, it is tempered to give it a shiny appearance and prevent it from easily melting. Tempering involves carefully heating and cooling the chocolate to specific temperatures. The tempered chocolate can then be molded into various shapes or used in other chocolate-making processes.

Finally, the chocolate is poured into molds or used to coat various confections, such as truffles or bars. It is then cooled and solidified before being packaged and ready for consumption.

This report provides an in-depth analysis of the global cocoa bean market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 661 - Cocoa beans

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
    3. HARVESTED AREA AND YIELD BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam
  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Harvested Area, By Country, 2012-2023
    7. Yield, By Country, 2012-2023
    8. Imports, In Physical Terms, By Country, 2012–2023
    9. Imports, In Value Terms, By Country, 2012–2023
    10. Import Prices, By Country Of Destination, 2012–2023
    11. Exports, In Physical Terms, By Country, 2012–2023
    12. Exports, In Value Terms, By Country, 2012–2023
    13. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Yield And Growth
    12. Exports And Growth
    13. Export Prices And Growth
    14. Market Size And Growth
    15. Per Capita Consumption
    16. Imports And Growth
    17. Import Prices
    18. Production, In Physical Terms, 2012–2023
    19. Production, In Value Terms, 2012–2023
    20. Area Harvested, 2012–2023
    21. Yield, 2012–2023
    22. Production, By Country, 2023
    23. Production, In Physical Terms, By Country, 2012–2023
    24. Harvested Area, By Country, 2023
    25. Harvested Area, By Country, 2012-2023
    26. Yield, By Country, 2012-2023
    27. Imports, In Physical Terms, 2012–2023
    28. Imports, In Value Terms, 2012–2023
    29. Imports, In Physical Terms, By Country, 2023
    30. Imports, In Physical Terms, By Country, 2012–2023
    31. Imports, In Value Terms, By Country, 2012–2023
    32. Import Prices, By Country, 2012–2023
    33. Exports, In Physical Terms, 2012–2023
    34. Exports, In Value Terms, 2012–2023
    35. Exports, In Physical Terms, By Country, 2023
    36. Exports, In Physical Terms, By Country, 2012–2023
    37. Exports, In Value Terms, By Country, 2012–2023
    38. Export Prices, 2012–2023
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Blog
Event
Top 10 Import Markets for Cocoa Bean in the World
Mar 8, 2024
Eye 176

Discover the top 10 countries by import value of cocoa beans in the global market. Learn about key statistics and market trends in the cocoa bean industry.

The Global Cocoa Market Struggles for Restoring Plummeted Demand
Apr 7, 2021
Eye 1637

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. 

Which Country Imports the Most Cocoa Beans in the World?
Jul 26, 2018
Eye 617

In 2016, the amount of cocoa bean imported worldwide stood at X tons, surging by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from X>

Which Country Exports the Most Cocoa Beans in the World?
Jul 26, 2018
Eye 3289

In 2016, the global cocoa bean exports totaled X tons, falling by -X% against the previous year level. The total export volume increased at an average annual rate of +X% over the period from ...

Which Country Consumes the Most Cocoa Beans in the World?
Feb 9, 2018
Eye 6495

Global cocoa consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.

Which Country Exports the Most Cocoa Beans in the World?
Feb 1, 2018
Eye 1561

In value terms, cocoa beans exports amounted to $X in 2016. Overall, it indicated a strong increase from 2007 to 2016: the total exports value increased at an average annual rate of +X% over the l...

Which Country Imports the Most Cocoa Beans in the World?
Jan 25, 2018
Eye 10486

In value terms, cocoa beans imports stood at $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some notic...

Which Country Produces the Most Cocoa in the World?
Oct 23, 2017
Eye 1667

In 2015, the countries with the highest levels of cocao production were Côte D'Ivoire (X thousand tons), Ghana (X thousand tons), Indonesia (X thousand tons), together accounting for X% of total output.

Cocoa Bean Market - Côte d'Ivoire’s Cocoa Bean Exports Surged 49% in 2014
Sep 22, 2015
Eye 1410

Côte d'Ivoire dominates in the global сocoa bean trade. In 2014, Côte d'Ivoire exported X thousand tons of сocoa beans totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its

Free Data: Cocoa Beans - World