Press release
Cocoa and Chocolate Market Size to Hit USD 245.97 Billion by 2031, Growing at 6.44% CAGR Amid Rising Dark Chocolate Consumption
Explore the cocoa and chocolate market (2026-2031) with Mordor Intelligence. Get in-depth insights on market size, share, revenue, segments, key drivers, latest trends, and growth opportunities shaping the future of sustainable construction.Cocoa and Chocolate Market Overview and Introduction
The cocoa and chocolate market continues to expand steadily, supported by shifting consumer preferences and broader accessibility across regions. According to Mordor Intelligence, the cocoa and chocolate market [https://www.mordorintelligence.com/industry-reports/cocoa-and-chocolate-market?utm_source=abnewswire] size was valued at USD 169.12 billion in 2025 and is estimated to reach USD 180.01 billion in 2026, further projected to grow to USD 245.97 billion by 2031, registering a CAGR of 6.44% during the cocoa and chocolate market forecast period.
The cocoa and chocolate market is growing steadily as consumers increasingly prefer premium and high-quality chocolate, with rising demand for dark chocolate and expanding online retail channels supporting this trend. Despite challenges such as fluctuating cocoa prices, manufacturers are maintaining growth through pricing strategies and product adjustments. Europe continues to hold a significant cocoa and chocolate market share, while Asia-Pacific is emerging as a fast-growing region driven by rising incomes and consumption, keeping the overall market outlook positive.
Key Trends in the Cocoa and Chocolate Market
Premium Chocolate Demand Rising
One of the most noticeable cocoa and chocolate market trends is the increasing demand for premium and specialty chocolate products. Consumers are moving away from mass-produced chocolates and showing greater interest in products that offer unique flavors, higher cocoa content, and authentic sourcing. This shift is especially visible in urban markets, where consumers value quality and brand storytelling.
Health Awareness Driving Dark Chocolate Consumption
Health-conscious consumers are playing a major role in shaping the cocoa and chocolate market growth. Dark chocolate, particularly variants with high cocoa content, is gaining popularity due to its perceived health benefits. This includes its association with heart health and antioxidant properties. As a result, chocolate is increasingly being positioned beyond indulgence and closer to functional food categories.
Expansion of Cocoa Processing in Asia-Pacific
The Asia-Pacific region is becoming an important hub within the cocoa and chocolate industry, not only for consumption but also for production. Investments in local cocoa grinding and processing facilities are helping reduce dependency on imports and enabling manufacturers to cater to regional preferences more effectively. This shift is supporting faster market expansion in countries such as India, China, and Southeast Asia.
Cocoa and Chocolate Market Segmentation
By Product Type
* Dark Chocolate
* Milk/White Chocolate
* Industrial Chocolate
* Filled/Compound Chocolate
By End User
* Foodservice
* Retail
* Industrial
By Nature
* Conventional
* Organic
By Geography
* North America
* Europe
* Asia-Pacific
* South America
* Middle East and Africa
Explore Our Full Library of Food & Beverage Research Industry Reports - [https://www.mordorintelligence.com/market-analysis/food-beverage?utm_source=abnewswire]
Key Players in the Cocoa and Chocolate Market
* Barry Callebaut AG
* Mars Incorporated
* Nestle S.A.
* Ferrero Group
* Mondelez International, Inc.
Conclusion
The cocoa and chocolate market forecast indicates steady growth driven by evolving consumer preferences, expanding distribution channels, and increasing demand for premium products. While challenges such as raw material price volatility and regulatory requirements remain, the industry continues to adapt through strategic sourcing and product innovation.
Overall, the cocoa and chocolate market size is set to grow consistently, supported by a balance of traditional consumption patterns and new opportunities across product categories and regions.
Industry Related Reports:
[https://www.mordorintelligence.com/industry-reports/chocolate-market?utm_source=abnewswire] - The Chocolate Market was valued at USD 113.95 billion in 2025 and is expected to reach USD 152.45 billion by 2031, growing at a CAGR of 4.97%. Growth is driven by increasing demand for premium and dark chocolate, expanding retail and online channels, and rising consumer preference for indulgent yet high-quality confectionery products.
[https://www.mordorintelligence.com/industry-reports/united-states-chocolate-market?utm_source=abnewswire] - The United States chocolate market stood at USD 27.42 billion in 2025 and is projected to reach USD 37.42 billion by 2031, registering a CAGR of 5.47%. Growth is supported by strong demand for premium, organic, and functional chocolates, along with continuous product innovation and well-established retail distribution networks.
[https://www.mordorintelligence.com/industry-reports/uk-chocolate-market?utm_source=abnewswire] - The United Kingdom chocolate market was valued at USD 12.48 billion in 2025 and is expected to grow to USD 16.81 billion by 2031, at a CAGR of 5.12%. Market expansion is driven by rising interest in premium and ethically sourced chocolate, increasing health-conscious consumption patterns, and growing demand for artisanal products.
About Mordor Intelligence:
Mordor Intelligence is a trusted partner for businesses seeking comprehensive and actionable market intelligence. Our global reach, expert team, and tailored solutions empower organizations and individuals to make informed decisions, navigate complex markets, and achieve their strategic goals.
With a team of over 550 domain experts and on-ground specialists spanning 150+ countries, Mordor Intelligence possesses a unique understanding of the global business landscape. This expertise translates into comprehensive syndicated and custom research reports covering a wide spectrum of industries, including aerospace & defense, agriculture, animal nutrition and wellness, automation, automotive, chemicals & materials, consumer goods & services, electronics, energy & power, financial services, food & beverages, healthcare, hospitality & tourism, information & communications technology, investment opportunities, and logistics.
Media Contact
Company Name: Mordor Intelligence
Contact Person: Jignesh Thakkar
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=cocoa-and-chocolate-market-size-to-hit-usd-24597-billion-by-2031-growing-at-644-cagr-amid-rising-dark-chocolate-consumption]
Phone: +1 617-765-2493
Address:11th Floor, Rajapushpa Summit, Nanakramguda Rd, Financial District, Gachibowli media@mordorintelligence.com
City: Hyderabad
State: Telangana 500008
Country: India
Website: https://www.mordorintelligence.com/industry-reports/cocoa-and-chocolate-market?utm_source=abnewswire
Legal Disclaimer: Information contained on this page is provided by an independent third-party content provider. ABNewswire makes no warranties or responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you are affiliated with this article or have any complaints or copyright issues related to this article and would like it to be removed, please contact retract@swscontact.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Cocoa and Chocolate Market Size to Hit USD 245.97 Billion by 2031, Growing at 6.44% CAGR Amid Rising Dark Chocolate Consumption here
News-ID: 4477092 • Views: …
More Releases from ABNewswire
1752vc Launches Multi-Modal AI Pitch Deck Analyzer Trained on 25,000+ Decks and …
Built on tens of thousands of hours of due diligence calls and investor meetings, the free tool at 1752.ai delivers institutional-quality pitch feedback to founders in under 60 seconds
Santa Monica, CA - April 17, 2026 - 1752vc [http://1752.vc/?utm_source=abnews], today announced the launch of its multi-modal AI Pitch Deck Analyzer, available for free at http://1752.ai. Unlike generic AI tools, this analyzer was built specifically for startup founders. It's trained on over…
Vital Brain Health Enhances Focus with Specialized Neurofeedback for ADHD in Pas …
Vital Brain Health highlights specialized neurofeedback for ADHD in Pasadena, CA, offering professionals a drug-free path to mental clarity. Led by Dr. Giancarlo Licata, the clinic utilizes non-invasive brain training to strengthen executive function and emotional regulation. This science-backed approach helps high-achieving adults overcome distractibility and burnout without medication, providing a structured framework for long-term neurological wellness and peak performance.
LOS ANGELES, CA - April 17, 2026 - Vital Brain Health…
Understanding the Etiwanda Heights Development: Scope, Background, and Community …
Rancho Cucamonga residents have heard about the Etiwanda Heights but don't fully understand the scope of the project.
Residents across Rancho Cucamonga are increasingly seeking clear, factual information about the proposed Etiwanda Heights development, a project that has evolved significantly since its original approval.
The Etiwanda Heights project, located in the northern portion of Rancho Cucamonga, was initially approved for approximately 3,000 residential units. Updated plans now reflect a proposed buildout of…
South Tampa Medical Practice Prioritizes Blood Filtration Protocols to Address P …
AgeRejuvenation utilizes EBOO therapy for chronic pain in South Tampa to address the biological triggers of persistent discomfort. This advanced protocol employs extracorporeal blood filtration and oxygenation to help patients manage systemic inflammation and toxic load. High-performing professionals can access this non-invasive, drug-free solution to restore functional vitality. The medical team focuses on purifying the internal environment to support long-term wellness.
SOUTH TAMPA, FL - April 15, 2026 - AgeRejuvenation utilizes…
More Releases for Chocolate
Bean-to-bar Chocolate Market Players Gaining Attractive Investments: Dandelion C …
The Latest Study Published by HTF MI Research on the "Bean-to-bar Chocolate Market'' evaluates market size, trend and forecast to 2030. The Bean-to-bar Chocolate market study includes significant research data and evidences to be a practical resource document for managers and analysts is, industry experts and other key people to have an easily accessible and self-analysed study to help understand market trends, growth drivers, opportunities and upcoming challenges as well…
Bean-to-bar Chocolate Market Outlook 2031 Findings By Key Players-Taza Chocolate …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- According to 𝐌𝐑𝐈, the global Bean-to-bar Chocolate Market size in terms of revenue was valued at around USD XX.X billion in 2023 and is expected to reach a value of 𝐔𝐒𝐃 𝐗𝐗.𝐗 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 𝟐𝟎𝟑𝟏, growing at a 𝐂𝐀𝐆𝐑 𝐨𝐟 𝐫𝐨𝐮𝐠𝐡𝐥𝐲 𝐗𝐗.𝐗% 𝐟𝐫𝐨𝐦 𝟐𝟎𝟐𝟒 𝐭𝐨 𝟐𝟎𝟑𝟏. The global Bean-to-bar Chocolate market is projected to grow at a significant growth rate due to several driving factors.
The market for bean-to-bar chocolate is expanding significantly due…
Chocolate Ingredients Market by Type (Milk, Cocoa, Lecithin, Flavors, Others), C …
Data Bridge Market Research analyses that the global chocolate ingredients market to account USD 9.20 billion by 2028 and growing at a CAGR of 4.25% in the forecast period of 2021-2028.
Chocolate Ingredients market research report provides data and information about the scenario of ABC industry which makes it easy to be ahead of the competition in today's speedily altering business environment. Analytical study of this market report aids in formulating…
Sea Salt Chocolate Market Seeking Excellent Growth | GODIVA, Skellings Chocolate …
The latest 125+ page survey report on Global Sea Salt Chocolate Market is released by HTF MI covering various players of the industry selected from global geographies like North America Country (United States, Canada), South America, Asia Country (China, Japan, India, Korea), Europe Country (Germany, UK, France, Italy), Other Country (Middle East, Africa, GCC). A perfect mix of quantitative & qualitative Market information highlighting developments, industry challenges that competitors are…
Milk Chocolate Market ||Ezaki Glico, Kinder Chocolate, Blommer Chocolate, Godiva …
Zion Market Research published a new 110+ pages industry research "Global Milk Chocolate Market Is Expected To Reach Around USD 90.65 Billion By 2025" is exhaustively researched and analyzed in the report to help market players to improve their business tactics and ensure long-term success. The authors of the report have used easy-to-understand language and uncomplicated statistical images but provided thorough information and detailed data on the Global Milk Chocolate…
Dark Chocolate Market By Type (70% Cocoa Dark Chocolate, 75% Cocoa Dark Chocolat …
Global Dark Chocolate Market Analysis
According to Verified Market Research, The Global Dark Chocolate Market was valued at USD 44.09 Billion in 2018 and is projected to reach USD 83.34 Billion by 2026, growing at a CAGR of 8.26% from 2019 to 2026.
What is Dark Chocolate?
Dark chocolate is chocolate without milk solids added and has a more prominent chocolate taste than milk chocolate and hence the dark chocolate is more prone…
