How big is the cocoa beans market?

The Cocoa Beans Market size is estimated at USD 17.24 billion in 2024, and is expected to reach USD 23.97 billion by 2029, growing at a CAGR of 6.81% during the forecast period (2024-2029). Cocoa beans are a well-known and profitable cash crop. Cocoa beans have been utilized for ages in a variety of applications and have a strong market demand.

What is the cocoa beans trade market?

For the purpose of the study, only full beans are considered. The Cocoa Beans Trade Market is segmented by Geography (North America, Europe, Asia- Pacific, South America, and Africa). The report provides an analysis of cocoa beans' import (volume and value) and export (volume and value).

What is the current cocoa market report for March 2024?

Abidjan, 18 April 2024 – The International Cocoa Organization releases the Cocoa Market Report for March 2024. The current report highlights the following insights: Significant decline in production from the two leading producers i.e., Côte d’Ivoire and Ghana has led prices to rally unabated.