Cocoa Market Analysis 2025: Trends, Export Stats, and Global Supplier Comparisons
Overview of the Global Cocoa Market
The global cocoa market is experiencing robust growth, projected to reach USD 26.7 billion by 2024, with an expected CAGR of 4.7% from 2025 to 2034. This surge is driven by increased demand in the food and beverage industry and growing use in cosmetics and pharmaceuticals. Emerging economies, particularly in Asia-Pacific, are becoming key growth areas, while Europe and North America maintain strong demand for premium and sustainable cocoa.
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As sustainability, traceability, and ethical sourcing become mainstream, cocoa exporters that offer transparency and quality are gaining competitive advantage
Top Cocoa Exporting Countries in 2025
According to the International Cocoa Organization (ICCO), these are the top producers for the 2024/25 season:
Country
Production (Metric Tons)
Côte d’Ivoire
2,230,000
Ghana
883,652
Indonesia
700,000
Nigeria
287,000
Brazil
250,000
Ecuador
250,000
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Indonesia maintains its status as the third-largest cocoa producer globally, and is increasingly sought after due to its quality and growing export capabilities.
Indonesia’s Cocoa Export Landscape
Indonesia’s cocoa exports are growing at a healthy pace of 5.8% year-over-year, supported by investments in sustainable farming practices and smallholder empowerment programs. Notably, Indonesia has increased shipments to:
Singapore and Philippines (in Southeast Asia)
India and Australia (South Asia and Oceania)
Russia, Middle East, and African markets (emerging premium demand)
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The expansion into diverse markets shows Indonesia’s agility in aligning supply chain capabilities with global consumption trends
Global Cocoa Consumption Trends
Cocoa consumption is rapidly evolving, driven by changing consumer behavior:
Asia-Pacific is leading the global growth, with countries like China, India, and Indonesia consuming more chocolate and cocoa-based beverages than ever before.
Europe remains the dominant consumer, accounting for over 45% of global imports, particularly in Germany, France, and the UK.
North America shows increasing interest in organic and fair-trade cocoa, especially for artisanal and bean-to-bar chocolate segments.
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Ethical and origin-conscious consumers are becoming more influential in shaping supplier standards.
Country
Production (2024/2025)
Notable Strenghts
Côte d’Ivoire
2,230,000
Largest producer, traditional exporter
Ghana
883,652
Strong cooperatives, quality focus
Indonesia
700,000
Sustainable practices, quality beans
Nigeria
287,000
Cost-effective production
Brazil
250,000
Emerging premium market
Ecuador
250,000
Renowned for fine-flavor cocoa
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Indonesia stands out with its growing reputation for sustainable and single-origin cocoa, ideal for brands emphasizing traceability and quality.
Exotic Cocoa (XTC): Redefining Export Excellence
Exotic Cocoa (XTC) is emerging as a key player among Indonesian exporters, blending deep respect for Indonesia’s agricultural heritage with modern export scalability and complianc. The brand offers:
Premium, single-origin cocoa
Consistent supply and scalable volumes
Ethical sourcing and climate-resilient farming
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XTC partners with chocolate manufacturers, distributors, and foodservice buyers looking for a reliable and authentic Indonesian cocoa supplier
Looking Ahead
As the global market leans toward transparency, traceability, and taste, Indonesia is poised to shape the next era of cocoa trade. With continuous improvements in infrastructure, farming, and partnerships, exporters like XTC will lead this evolution.
Choosing Indonesia as your cocoa source isn’t just a strategic decision, it’s a move toward sustainable excellence.
References:
International Cocoa Organization (ICCO): Quarterly Bulletin (Feb 2025)