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

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

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Making Chocolate From Cacao Beans

Making chocolate from cacao beans is a complex and fascinating process that involves several stages, each crucial in unlocking the rich flavors and smooth texture that we associate with chocolate. The process begins with the cultivation and harvesting of cacao trees, which are primarily grown in tropical regions around the world.

Once the cacao pods are ripe, they are carefully harvested by hand. The pods contain pulpy white fruit and numerous cacao beans covered in a slimy mucilage. The beans and the surrounding pulp are extracted from the pods and placed in large fermentation bins or boxes.

Fermentation is a crucial step in chocolate production as it helps develop the chocolate's flavor and removes the bitterness naturally present in cacao beans. The beans are left to ferment for several days, undergoing chemical reactions that break down the pulp and mucilage. This fermentation process is usually carried out in a controlled environment, with regular turning of the beans to ensure even fermentation.

Once the fermentation is complete, the beans are spread out to dry under the sun or using specialized drying equipment. This step is essential to reduce the moisture content of the beans and prevent mold or bacterial growth. Proper drying can take several days or even weeks, depending on the climate conditions and the desired moisture level.

After drying, the cacao beans are ready for the next crucial step: roasting. Roasting brings out the characteristic chocolate flavors and aromas by further developing the beans' chemical composition. The beans are roasted at specific temperatures and durations, which vary depending on the desired flavor profile. The roasting process also helps loosen the shell or husk surrounding each bean.

Once roasted, the beans are cracked and winnowed to remove the shells, resulting in cacao nibs. These nibs can be further processed into various forms depending on the desired outcome. Grinding the nibs produces cocoa liquor, the liquid form of chocolate that contains both cocoa solids and cocoa butter. The liquor can be pressed to separate the cocoa solids from the cocoa butter - the fat component of chocolate. This separation allows the two elements to be recombined in different proportions to create various chocolate products.

The cocoa solids can be processed into cocoa powder, which is often used in baking and culinary applications, while the cocoa butter can be used to make chocolate bars, confections, or even cosmetics. The proportions of cocoa solids, cocoa butter, sugar, and other ingredients vary depending on the type of chocolate being produced.

The final step in chocolate making is conching and tempering. Conching involves continuously mixing and kneading the chocolate mass for several hours or even days. This process helps meld the flavors, smooth out the texture, and reduce any residual bitterness. Tempering is the process of carefully heating and cooling the chocolate to achieve the desired crystalline structure, ensuring a shiny appearance and a smooth texture.

Making chocolate from cacao beans is a time-consuming and intricate process that requires skill, precision, and expertise. From the cultivation and fermentation of the cacao beans to the roasting, grinding, and tempering, each step contributes to unlocking the full flavor potential of the cacao and transforming it into the delicious chocolate we all love.

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
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Top 10 Import Markets for Cocoa Bean in the World
Mar 8, 2024
Eye 155

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 1597

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 615

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 3281

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 6481

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 1558

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 10470

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 1661

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 1407

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