The Europe cocoa market reached USD 9.89 Billion in 2024. The market is expected to grow at a CAGR of 4.20% between 2025 and 2034, reaching USD 14.92 Billion by 2034.
In the food and beverages sector, cocoa is primarily used in the production of chocolate, including bars, confectionery and bakery items like cakes, brownies, and muffins among others. Significant consumption of cocoa powder is driven by increasing demand for premium chocolates.
Cocoa besides being used in the foods and beverages industry is also gaining popularity among the Pharmaceutical and healthcare industry. For instance, in February 2024, scientists at the Arctic University of Norway discovered a new form of oral insulin which can be taken as a pill or sugar-free chocolate and could replace injections for curing diabetics. About 61 million people are suffering from diabetes in Europe, out of which 10% have type 1 diabetes, this specialised polymer will help with more precise delivery of insulin.
Cocoa butter also referred to as theobroma oil is an edible fat which is extracted from cocoa beans. Cocoa butter is a key ingredient in the production of chocolate and other confectionery products for its pleasant aroma, smooth texture and melting properties making it an ideal candidate.
Europe Cocoa Market Growth
Application in foods and beverages leads the Europe cocoa market growth since it is primarily used in the production of chocolate.In the food and beverages sector, cocoa is primarily used in the production of chocolate, including bars, confectionery and bakery items like cakes, brownies, and muffins among others. Significant consumption of cocoa powder is driven by increasing demand for premium chocolates.
Cocoa besides being used in the foods and beverages industry is also gaining popularity among the Pharmaceutical and healthcare industry. For instance, in February 2024, scientists at the Arctic University of Norway discovered a new form of oral insulin which can be taken as a pill or sugar-free chocolate and could replace injections for curing diabetics. About 61 million people are suffering from diabetes in Europe, out of which 10% have type 1 diabetes, this specialised polymer will help with more precise delivery of insulin.
Cocoa butter also referred to as theobroma oil is an edible fat which is extracted from cocoa beans. Cocoa butter is a key ingredient in the production of chocolate and other confectionery products for its pleasant aroma, smooth texture and melting properties making it an ideal candidate.
Europe Cocoa Market Segmentation
Europe Cocoa Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:Market Breakup by Type
- Cocoa Butter
- Cocoa Powder
- Cocoa Liquor
Market Breakup by Application
- Food and Beverages _x000D_ _x000D_ Confectionery _x000D_ Dairy _x000D_ Bakery _x000D_ Others _x000D_ _x000D_
- Food and Beverages _x000D_ _x000D_ Confectionery _x000D_ Dairy _x000D_ Bakery _x000D_ Others _x000D_ _x000D_
- Cosmetics and Pharmaceuticals
- Others
- Cosmetics and Pharmaceuticals
- Others
Market Breakup by Country
- Germany
- United Kingdom
- France
- Italy
- Others
Europe Cocoa Market Share
Growth in the Cocoa market is led by confectionaries owing to the significant share that they hold in Europe, Consequently,chocolateproduction is a primary application within confectioneries. Countries like Switzerland, Belgium, and Germany have a strong confectionery industry and produce a wide variety of chocolates.Leading Companies in the Europe Cocoa Market
Market players in the cocoa industry are expanding their scope using cocoa in the pharmaceutical and healthcare industries, this goes beyond the conventional scope of cocoa in the foods and beverage industry. Companies are also establishing their presence in personal care where cocoa lotions have become popular, which enhances their visibility to consumers, thereby contributing to market growth.- Cargill Inc.
- Barry Callebaut AG
- Nestle S.A.
- Mondelez International, Inc.
- BASF SE
- Buhler AG
- Ferrero International S.A.
- Mars Inc.
- Forever Cacao
- GCB Cocoa UK Ltd.
- Others
Table of Contents
1 Executive Summary
2 Market Overview and Stakeholder Insights
3 Economic Summary
4 Country Risk Profiles
5 Global Cocoa Market Overview
6 Europe Cocoa Market Overview
7 Europe Cocoa Market by Type
8 Europe Cocoa Market by Application
9 Europe Cocoa Market by Country
10 Market Dynamics
12 Trade Data Analysis (HS Code - 183, 1804, 1805)
14 Competitive Landscape
Companies Mentioned
- Cargill Inc.
- Barry Callebaut AG
- Nestle S.A.
- Mondelez International, Inc.
- BASF SE
- Buhler AG
- Ferrero International S.A.
- Mars Inc.
- Forever Cacao
- GCB Cocoa UK Ltd.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 105 |
| Published | May 2025 |
| Forecast Period | 2025 - 2034 |
| Estimated Market Value ( USD | $ 9.89 Billion |
| Forecasted Market Value ( USD | $ 14.92 Billion |
| Compound Annual Growth Rate | 4.2% |
| Regions Covered | Europe |
| No. of Companies Mentioned | 10 |
