Global Organic Cocoa Market Synopsis
The Global Organic Cocoa Market Size Is Expected to Grow from USD 661.03 Million In 2023 To USD 1278 Million By 2032, At A CAGR of 7.6% During the Forecast Period (2024-2032).
Organic cocoa is grown and produced using farming methods, production processes, and with ingredients that comply with USDA organic standards. It must be grown or produced without the use of pesticides, herbicides, synthetic fertilizers, or genetically modified organisms.
- The fruit tree that yields cocoa beans, the cacao tree, is a delicate plant that can be challenging to farm. They are extremely vulnerable to disease and insects, and they need the ideal ratio of sunlight, air, shade, water, and nutrients.
- Different methods are used in cocoa farming by organic farmers. Since all artificial pesticides, fungicides, and fertilizers are prohibited by organic regulations, cocoa farmers must rely on developing integrated pest management strategies and sustainable agricultural practices to protect their crops.
- To avoid pests and disease, organic cocoa farmers work to establish a healthy ecosystem between plants and animals. This frequently entails using cover crops to diversify their crop. Cover crops shade the delicate cocoa trees while also improving the soil, giving the farmer another source of income, and boosting ecosystem biodiversity.
- Cocoa has been found to improve cognitive function and memory. Cocoa has been found to increase blood flow to the brain. Cocoa could prevent age‐related cognitive impairment and forgetfulness.
The Global Organic Cocoa Market Trend Analysis
Increasing Demand for Organic Food Products
- The demand for organic food increased during the COVID-19 pandemic as consumers thought they were healthier and better for immunity. However, the demand for organic food is also growing consistently in all other respects.
- In the last decade, there has been an increase in awareness among people about other positive effects of organic products One of the main reasons to eat organic food is that it does not contain dangerous chemicals and pollutants, as some chemicals have been linked to cancer and other serious health issues. Customers have started to realize that eating organic food also helps them feel more energetic and fit.
- Cocoa powder is rich in theobromine, which helps to reduce inflammation and can protect you from diseases such as heart disease, cancer, and diabetes. Since cocoa is rich in phytonutrients but low in fat and sugar, the calories you get from cocoa powder will be packed with healthy chemicals.
- Organic cocoa contains a healthy amount of caffeine. This helps to boost energy and fight fatigue. Not only does it have a good amount of caffeine, but it contains magnesium as well. Two tablespoons of cocoa powder have about 14% of the body’s daily value of Magnesium. Magnesium has been found to keep the body energized naturally. Thus, the above benefits that organic cocoa gives are responsible for the growth of the market.
Increasing Use of Organic Cocoa In Food And Beverage
- A highly concentrated powder used in beverages and as a flavoring agent, cocoa is made from chocolate liquor, a paste made from the cacao fruit's cocoa beans. The main component of chocolate and chocolate-based treats is cocoa.
- The fluid paste, or liquor, that is used to make cocoa powder and chocolate are derived from the cocoa bean. Direct sales of chocolate include baking chocolate, cocoa in packages, and solid bars for eating. Additionally, confectioners use it as a coating for candy bars, boxed chocolates, and bulk chocolate, and bakers and manufacturers of bakery goods use it as a coating for a variety of cookies and cakes.
- Organic cocoa powders, chocolate liquor, and blends of the two are used in bulk to flavor various food products and to provide flavors in such “chocolate” products as syrups, toppings, chocolate milk, prepared cake mixes, and pharmaceuticals.
- One of the most adored flavors in the world is cocoa. It almost has the potential to become addictive. Smoothies, coffee, and oatmeal all taste great with the rich, intense flavor of cocoa powder. Even savory cocoa sauces are frequently made by people to serve with meat. In addition to its fantastic flavor, cocoa powder has a lot of other advantages. The health benefits of cocoa are truly remarkable owing to these various features organic cocoa is used in different foods and has been creating the lucrative opportunities over the forecast period.
Segmentation Analysis Of The Global Organic Cocoa Market
Global Organic Cocoa market segments cover the Type, Application, and Distribution Channel. By application, Food and Beverages segment is Anticipated to Dominate the Market Over the Forecast period.
- Natural cocoa has a strong chocolate flavor and is light in color and slightly acidic. When baking soda is called for in a recipe, natural cocoa is frequently used. Natural cocoa and baking soda combine to produce a leavening effect that causes the batter to rise during baking because baking soda is an alkali.
- Cakes, ice cream, dairy drinks, and biscuits all use cocoa powder as a flavoring. In addition to being used as a flavor, it is also used to make coatings for frozen desserts or confectioners. The beverage industry uses cocoa powder as well, for making chocolate milk, for instance.
- Chocolate liquor is created by fermenting, drying, roasting, and cracking the beans. The nibs are then ground to remove about 75% of the cocoa butter, leaving behind the dark brown paste. The mass is ground into powder after re-drying (unsweetened cocoa). To balance the natural acidity of Dutch cocoa, an alkali is applied. Unsweetened baking cocoa comes in two varieties: Both are made by partially defatting chocolate liquor and removing almost all of the cocoa butter before being ground into powder.
Regional Analysis of The Global Organic Cocoa Market
Europe Expected to Dominate the Market Over the Forecast period.
- All price points of organic chocolate are offered in Europe, from budget supermarket brands to high-end, premium goods. It is anticipated that demand for organic cocoa will increase over the coming years, primarily due to consumer interest in health and wellness and concerns about the sustainability in this region.
- The largest market for cocoa in the world is Europe, which is also the second-largest market for organic goods. The demand for organic products among consumers is growing, as is the importation of organic cocoa beans into Europe. The growing interest in healthy living and growing concern for sustainability issues are the main factors driving demand for organic products.
- One of the factors driving up demand for organic goods in Europe is the rising interest in healthy living. Additionally, the COVID-19 crisis increased demand for organic products by raising consumer awareness of quality and health. Consumers think organic food is safer and healthier than the conventional fare.
- According to ITC Trade Map, EU-28 imported an estimated 2.0 million tonnes of cocoa beans in 2020. European Commission data show that total EU-28 imports of organic cocoa beans amounted to 76,000 tonnes that year, representing 3.9% of total cocoa bean imports. Organic cocoa bean imports by EU-28 registered 16% growth from 2019 when the share of organic cocoa beans amounted to 2.9% of total cocoa bean imports.
- There is an increasingly large market for organic cocoa in Europe, as supermarkets have expanded and diversified their range of organic products. These factors were responsible for the increased market of cocoa in Europe.
Europe’s total imports of cocoa beans amounted to over 2.2 million tonnes in 2021. Total European cocoa bean imports, about 79% were sourced directly from producing countries in 2021.
Covid-19 Impact Analysis On Global Organic Cocoa Market
The global crisis has been brought on by the emergence of COVID-19, a pandemic that has affected the entire world. All levels of the cocoa industry's supply chains had been disrupted during the first few months of the COVID-19 pandemic. The workforce reduction at the top companies had a significant impact on their ability to produce. Raw material extraction is challenging because of the urgent measures being taken to combat surge ability, such as physical separation and transportation restrictions, as the entire world is on lockdown. The availability of labor is another important consideration, and there is a general labor shortage in the manufacturing of organic cocoa. It takes labor to gather the raw materials, transform them into the finished product, package it, and move it to the industries that will use them. The COVID-19 pandemic has affected every aspect of the value chain, including the global supply chain, manufacturing, packaging, and distribution.
Top Key Players Covered in The Global Organic Cocoa Market
- Kraft Foods Inc. (U.S.)
- Ciranda (U.S.)
- Blommer Chocolate Company (U.S.)
- Artisan Confections Company (U.S.)
- InterNatural Foods LLC (U.S.)
- Wilmor Publishing Corp (U.S.)
- Olam International Limited (Singapore)
- Barry Callebaut AG (Switzerland)
- Tradin Organic Agriculture B.V. (Netherlands)
- Conacado AgroIndustrial S.A. (Dominican Republic)
- Cargill, Inc. (U.S.)
- Pascha Chocolate Co. (U.S.)
- Guan Chong Berhad (Malaysia)
- The Hershey Company (U.S.)
- Jindal Cocoa (India), and Other Major Players.
Key Industry Developments in the Global Organic Cocoa Market
- In April 2024, With the demand for even more sustainable global confectionery products expected to rise, Cargill announced a new commercial partnership with Voyage Foods to scale up and deliver delicious, healthy, and particularly more sustainable alternatives to cocoa-based products, along with nut spreads without their traditional ingredients - peanuts and hazelnuts. Cargill became the exclusive B2B global distributor for Voyage Foods, expanding its traditional chocolate portfolio to bring more sustainable alternatives for cocoa-based products to its customers for the very first time.
- In September 2023, Barry Callebaut Group, the world’s leading manufacturer of high-quality chocolate and cocoa products, announced BC Next Level a strategic investment program aimed at unlocking the full potential of Barry Callebaut. This initiative is designed to pave the way for the next decade of sustainable growth by bringing Barry Callebaut closer to markets and customers while fostering simplicity and digitization.
Global Organic Cocoa Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2032 |
Market Size in 2023: |
USD 661.03 Mn. |
Forecast Period 2024-32 CAGR: |
7.6% |
Market Size in 2032: |
USD 1278 Mn. |
Segments Covered: |
By Type |
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By Application |
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By Distribution Channel |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Type
3.2 By Application
3.3 By Distribution channel
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Organic Cocoa Market by Type
5.1 Organic Cocoa Market Overview Snapshot and Growth Engine
5.2 Organic Cocoa Market Overview
5.3 Cocoa Butter
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2017-2032F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Cocoa Butter: Geographic Segmentation
5.4 Cocoa Liquor
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size (2017-2032F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Cocoa Liquor: Geographic Segmentation
5.5 Cocoa Powder
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size (2017-2032F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Cocoa Powder: Geographic Segmentation
Chapter 6: Organic Cocoa Market by Application
6.1 Organic Cocoa Market Overview Snapshot and Growth Engine
6.2 Organic Cocoa Market Overview
6.3 Food & Beverages
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size (2017-2032F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Food & Beverages: Geographic Segmentation
6.4 Pharmaceutical
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size (2017-2032F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Pharmaceutical: Geographic Segmentation
6.5 Personal Care
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size (2017-2032F)
6.5.3 Key Market Trends, Growth Factors and Opportunities
6.5.4 Personal Care: Geographic Segmentation
6.6 Others
6.6.1 Introduction and Market Overview
6.6.2 Historic and Forecasted Market Size (2017-2032F)
6.6.3 Key Market Trends, Growth Factors and Opportunities
6.6.4 Others: Geographic Segmentation
Chapter 7: Organic Cocoa Market by Distribution channel
7.1 Organic Cocoa Market Overview Snapshot and Growth Engine
7.2 Organic Cocoa Market Overview
7.3 Direct
7.3.1 Introduction and Market Overview
7.3.2 Historic and Forecasted Market Size (2017-2032F)
7.3.3 Key Market Trends, Growth Factors and Opportunities
7.3.4 Direct: Geographic Segmentation
7.4 Indirect
7.4.1 Introduction and Market Overview
7.4.2 Historic and Forecasted Market Size (2017-2032F)
7.4.3 Key Market Trends, Growth Factors and Opportunities
7.4.4 Indirect: Geographic Segmentation
Chapter 8: Company Profiles and Competitive Analysis
8.1 Competitive Landscape
8.1.1 Competitive Positioning
8.1.2 Organic Cocoa Sales and Market Share By Players
8.1.3 Industry BCG Matrix
8.1.4 Heat Map Analysis
8.1.5 Organic Cocoa Industry Concentration Ratio (CR5 and HHI)
8.1.6 Top 5 Organic Cocoa Players Market Share
8.1.7 Mergers and Acquisitions
8.1.8 Business Strategies By Top Players
8.2 KRAFT FOODS INC. (U.S.)
8.2.1 Company Overview
8.2.2 Key Executives
8.2.3 Company Snapshot
8.2.4 Operating Business Segments
8.2.5 Product Portfolio
8.2.6 Business Performance
8.2.7 Key Strategic Moves and Recent Developments
8.2.8 SWOT Analysis
8.3 CIRANDA (U.S.)
8.4 BLOMMER CHOCOLATE COMPANY (U.S.)
8.5 ARTISAN CONFECTIONS COMPANY (U.S.)
8.6 INTERNATURAL FOODS LLC (U.S.)
8.7 WILMOR PUBLISHING CORP (U.S.)
8.8 OLAM INTERNATIONAL LIMITED (SINGAPORE)
8.9 BARRY CALLEBAUT AG (SWITZERLAND)
8.10 TRADIN ORGANIC AGRICULTURE B.V. (NETHERLANDS)
8.11 CONACADO AGROINDUSTRIAL S.A. (DOMINICAN REPUBLIC)
8.12 CARGILL INC. (U.S.)
8.13 PASCHA CHOCOLATE CO. (U.S.)
8.14 GUAN CHONG BERHAD (MALAYSIA)
8.15 THE HERSHEY COMPANY (U.S.)
8.16 JINDAL COCOA (INDIA)
8.17 AND OTHER MAJOR PLAYERS.
Chapter 9: Global Organic Cocoa Market Analysis, Insights and Forecast, 2017-2032
9.1 Market Overview
9.2 Historic and Forecasted Market Size By Type
9.2.1 Cocoa Butter
9.2.2 Cocoa Liquor
9.2.3 Cocoa Powder
9.3 Historic and Forecasted Market Size By Application
9.3.1 Food & Beverages
9.3.2 Pharmaceutical
9.3.3 Personal Care
9.3.4 Others
9.4 Historic and Forecasted Market Size By Distribution channel
9.4.1 Direct
9.4.2 Indirect
Chapter 10: North America Organic Cocoa Market Analysis, Insights and Forecast, 2017-2032
10.1 Key Market Trends, Growth Factors and Opportunities
10.2 Impact of Covid-19
10.3 Key Players
10.4 Key Market Trends, Growth Factors and Opportunities
10.4 Historic and Forecasted Market Size By Type
10.4.1 Cocoa Butter
10.4.2 Cocoa Liquor
10.4.3 Cocoa Powder
10.5 Historic and Forecasted Market Size By Application
10.5.1 Food & Beverages
10.5.2 Pharmaceutical
10.5.3 Personal Care
10.5.4 Others
10.6 Historic and Forecasted Market Size By Distribution channel
10.6.1 Direct
10.6.2 Indirect
10.7 Historic and Forecast Market Size by Country
10.7.1 U.S.
10.7.2 Canada
10.7.3 Mexico
Chapter 11: Europe Organic Cocoa Market Analysis, Insights and Forecast, 2017-2032
11.1 Key Market Trends, Growth Factors and Opportunities
11.2 Impact of Covid-19
11.3 Key Players
11.4 Key Market Trends, Growth Factors and Opportunities
11.4 Historic and Forecasted Market Size By Type
11.4.1 Cocoa Butter
11.4.2 Cocoa Liquor
11.4.3 Cocoa Powder
11.5 Historic and Forecasted Market Size By Application
11.5.1 Food & Beverages
11.5.2 Pharmaceutical
11.5.3 Personal Care
11.5.4 Others
11.6 Historic and Forecasted Market Size By Distribution channel
11.6.1 Direct
11.6.2 Indirect
11.7 Historic and Forecast Market Size by Country
11.7.1 Germany
11.7.2 U.K.
11.7.3 France
11.7.4 Italy
11.7.5 Russia
11.7.6 Spain
11.7.7 Rest of Europe
Chapter 12: Asia-Pacific Organic Cocoa Market Analysis, Insights and Forecast, 2017-2032
12.1 Key Market Trends, Growth Factors and Opportunities
12.2 Impact of Covid-19
12.3 Key Players
12.4 Key Market Trends, Growth Factors and Opportunities
12.4 Historic and Forecasted Market Size By Type
12.4.1 Cocoa Butter
12.4.2 Cocoa Liquor
12.4.3 Cocoa Powder
12.5 Historic and Forecasted Market Size By Application
12.5.1 Food & Beverages
12.5.2 Pharmaceutical
12.5.3 Personal Care
12.5.4 Others
12.6 Historic and Forecasted Market Size By Distribution channel
12.6.1 Direct
12.6.2 Indirect
12.7 Historic and Forecast Market Size by Country
12.7.1 China
12.7.2 India
12.7.3 Japan
12.7.4 Singapore
12.7.5 Australia
12.7.6 New Zealand
12.7.7 Rest of APAC
Chapter 13: Middle East & Africa Organic Cocoa Market Analysis, Insights and Forecast, 2017-2032
13.1 Key Market Trends, Growth Factors and Opportunities
13.2 Impact of Covid-19
13.3 Key Players
13.4 Key Market Trends, Growth Factors and Opportunities
13.4 Historic and Forecasted Market Size By Type
13.4.1 Cocoa Butter
13.4.2 Cocoa Liquor
13.4.3 Cocoa Powder
13.5 Historic and Forecasted Market Size By Application
13.5.1 Food & Beverages
13.5.2 Pharmaceutical
13.5.3 Personal Care
13.5.4 Others
13.6 Historic and Forecasted Market Size By Distribution channel
13.6.1 Direct
13.6.2 Indirect
13.7 Historic and Forecast Market Size by Country
13.7.1 Turkey
13.7.2 Saudi Arabia
13.7.3 Iran
13.7.4 UAE
13.7.5 Africa
13.7.6 Rest of MEA
Chapter 14: South America Organic Cocoa Market Analysis, Insights and Forecast, 2017-2032
14.1 Key Market Trends, Growth Factors and Opportunities
14.2 Impact of Covid-19
14.3 Key Players
14.4 Key Market Trends, Growth Factors and Opportunities
14.4 Historic and Forecasted Market Size By Type
14.4.1 Cocoa Butter
14.4.2 Cocoa Liquor
14.4.3 Cocoa Powder
14.5 Historic and Forecasted Market Size By Application
14.5.1 Food & Beverages
14.5.2 Pharmaceutical
14.5.3 Personal Care
14.5.4 Others
14.6 Historic and Forecasted Market Size By Distribution channel
14.6.1 Direct
14.6.2 Indirect
14.7 Historic and Forecast Market Size by Country
14.7.1 Brazil
14.7.2 Argentina
14.7.3 Rest of SA
Chapter 15 Investment Analysis
Chapter 16 Analyst Viewpoint and Conclusion
Global Organic Cocoa Market |
|||
Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2032 |
Market Size in 2023: |
USD 661.03 Mn. |
Forecast Period 2024-32 CAGR: |
7.6% |
Market Size in 2032: |
USD 1278 Mn. |
Segments Covered: |
By Type |
|
|
By Application |
|
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By Distribution Channel |
|
||
By Region |
|
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Key Market Drivers: |
|
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Frequently Asked Questions :
The forecast period in the Organic Cocoa Market research report is 2024-2032.
Kraft Foods Inc. (U.S.), Ciranda (U.S.), Blommer Chocolate Company (U.S.), Artisan Confections Company (U.S.), InterNatural Foods LLC (U.S.), Wilmor Publishing Corp (U.S.), Olam International Limited (Singapore), Barry Callebaut AG (Switzerland), Tradin Organic Agriculture B.V. (Netherlands), Conacado AgroIndustrial S.A. (Dominican Republic), Cargill Inc. (U.S.), Pascha Chocolate Co. (U.S.), Guan Chong Berhad (Malaysia), The Hershey Company (U.S.), Jindal Cocoa (India), and Other Major Players.
The Organic Cocoa Market is segmented into Type, Application, Distribution Channel, and region. By Type, the market is categorized into Cocoa Butter, Cocoa Liquor, and Cocoa Powder. By Application, the market is categorized into Food & Beverages, Pharmaceutical, Personal Care, and Others. By Distribution Channel, the market is categorized into Direct and Indirect. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
Organic cocoa is grown and produced using farming methods, production processes, and with ingredients that comply with USDA organic standards. It must be grown or produced without the use of pesticides, herbicides, synthetic fertilizers, or genetically modified organisms.
The Global Organic Cocoa Market Size Is Expected to Grow from USD 661.03 Million In 2023 To USD 1278 Million By 2032, At A CAGR of 7.6% During the Forecast Period (2024-2032).