LAMEA Cocoa Market Size, Share & Trends Analysis Report By Application, By Product Type (Cocoa Beans, Cocoa Powder & Cake, Cocoa Butter, Chocolate, and Others), By Country and Growth Forecast, 2023 - 2030

The Latin America, Middle East and Africa Cocoa Market would witness market growth of 6.1% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 373.8 Kilo Tonnes, showcasing a growth of 7.4% (2023-2030).

The incorporation of cocoa into functional foods, such as energy bars, protein snacks, and dietary supplements, is rising. Manufacturers are exploring ways to highlight the nutritional benefits of these to meet the demand for healthier snack options. Plant-based diets have influenced the market, developing dairy-free and vegan chocolate alternatives. This is being used innovatively to create plant-based chocolate products catering to a growing consumer segment.

Cocoa cultivation is vulnerable to climate change, impacting yields and quality. Climate-smart agriculture practices, including agroforestry and sustainable land management, are being adopted to enhance the resilience of farming to environmental challenges. The use of technology, such as satellite imagery and data analytics, is helping farmers optimize farming practices. Precision farming enables better crop management, improving yields, and sustainable production.

As per the International Trade Administration, the United Arab Emirates leads the Gulf Cooperation Council in eCommerce sales, which surged by 53% in 2020 to a record $3.9 billion, or 10% of overall retail sales. The Dubai Chamber of Commerce and Industry signifies that eCommerce will develop $8 billion in sales by 2025 as the UAE region has nearly 100% internet and mobile phone penetration. E-commerce enables businesses in the UAE to sell directly to consumers. Thus, due to these aspects, the market will expand across the LAMEA region in upcoming years.

The Brazil market dominated the LAMEA Cocoa Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $982 Million by 2030. The Argentina market is showcasing a CAGR of 6.6% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 5.6% during (2023 - 2030).

Free Valuable Insights: The Worldwide Cocoa Market is Projected to reach USD 38.3 Billion by 2030, at a CAGR of 4.8%

Based on Application, the market is segmented into Confectionery, Food & Beverages, Cosmetics, and Pharmaceutical. Based on Product Type, the market is segmented into Cocoa Beans, Cocoa Powder & Cake, Cocoa Butter, Chocolate, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

List of Key Companies Profiled

• The Barry Callebaut Group
• JB Foods Limited
• Archer Daniels Midland Company
• Cargill, Incorporated
• Ciranda, Inc.
• Nestle S.A
• Mars, Inc. (Kind LLC)
• Meiji Holdings Co., Ltd.
• Olam International Limited
• The Hershey Company (Hershey Trust Company)

LAMEA Cocoa Market Report Segmentation

By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)

• Confectionery
• Food & Beverages
• Cosmetics
• Pharmaceutical

By Product Type (Volume, Kilo Tonnes, USD Billion, 2019-2030)

• Cocoa Beans
• Cocoa Powder & Cake
• Cocoa Butter
• Chocolate
• Others

By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Cocoa Market, by Application
1.4.2 LAMEA Cocoa Market, by Product Type
1.4.3 LAMEA Cocoa Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Opportunities
3.2.3 Market Restraints
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis

Chapter 4. Strategies Deployed in Cocoa Market.

Chapter 5. LAMEA Cocoa Market, by Application
5.1 LAMEA Confectionery Market, by Country
5.2 LAMEA Food & Beverages Market, by Country
5.3 LAMEA Cosmetics Market, by Country
5.4 LAMEA Pharmaceutical Market, by Country

Chapter 6. LAMEA Cocoa Market, by Product Type
6.1 LAMEA Cocoa Beans Market, by Country
6.2 LAMEA Cocoa Powder & Cake Market, by Country
6.3 LAMEA Cocoa Butter Market, by Country
6.4 LAMEA Chocolate Market, by Country
6.5 LAMEA Others Market, by Country

Chapter 7. LAMEA Cocoa Market, by Country
7.1 Brazil Cocoa Market
7.1.1 Brazil Cocoa Market, by Application
7.1.2 Brazil Cocoa Market, by Product Type
7.2 Argentina Cocoa Market
7.2.1 Argentina Cocoa Market, by Application
7.2.2 Argentina Cocoa Market, by Product Type
7.3 UAE Cocoa Market
7.3.1 UAE Cocoa Market, by Application
7.3.2 UAE Cocoa Market, by Product Type
7.4 Saudi Arabia Cocoa Market
7.4.1 Saudi Arabia Cocoa Market, by Application
7.4.2 Saudi Arabia Cocoa Market, by Product Type
7.5 South Africa Cocoa Market
7.5.1 South Africa Cocoa Market, by Application
7.5.2 South Africa Cocoa Market, by Product Type
7.6 Nigeria Cocoa Market
7.6.1 Nigeria Cocoa Market, by Application
7.6.2 Nigeria Cocoa Market, by Product Type
7.7 Rest of LAMEA Cocoa Market
7.7.1 Rest of LAMEA Cocoa Market, by Application
7.7.2 Rest of LAMEA Cocoa Market, by Product Type

Chapter 8. Company Profiles
8.1 The Barry Callebaut Group
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.6 SWOT Analysis
8.2 JB Foods Limited
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Regional Analysis
8.2.4 SWOT Analysis
8.3 Archer Daniels Midland Company
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.4 Cargill, Incorporated
8.4.1 Company Overview
8.4.2 Recent strategies and developments:
8.4.2.1 Partnerships, Collaborations, and Agreements:
8.4.2.2 Acquisition and Mergers:
8.4.3 SWOT Analysis
8.5 Ciranda, Inc.
8.5.1 Company Overview
8.5.2 SWOT Analysis
8.6 Nestle S.A
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expenses
8.6.5 SWOT Analysis
8.7 Mars, Inc. (Kind LLC)
8.7.1 Company Overview
8.7.2 SWOT Analysis
8.8 Meiji Holdings Co., Ltd.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental Analysis
8.8.4 Research & Development Expense
8.8.5 Recent strategies and developments:
8.8.5.1 Product Launches and Product Expansions:
8.8.6 SWOT Analysis
8.9 Olam International Limited
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 SWOT Analysis
8.10. The Hershey Company (Hershey Trust Company)
8.10.1 Company overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 SWOT Analysis

TABLE 1 LAMEA Cocoa Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Cocoa Market, 2023 - 2030, USD Million
TABLE 3 LAMEA Cocoa Market, 2019 - 2022, Kilo Tonnes
TABLE 4 LAMEA Cocoa Market, 2023 - 2030, Kilo Tonnes
TABLE 5 LAMEA Cocoa Market, by Application, 2019 - 2022, USD Million
TABLE 6 LAMEA Cocoa Market, by Application, 2023 - 2030, USD Million
TABLE 7 LAMEA Cocoa Market, by Application, 2019 - 2022, Kilo Tonnes
TABLE 8 LAMEA Cocoa Market, by Application, 2023 - 2030, Kilo Tonnes
TABLE 9 LAMEA Confectionery Market, by Country, 2019 - 2022, USD Million
TABLE 10 LAMEA Confectionery Market, by Country, 2023 - 2030, USD Million
TABLE 11 LAMEA Confectionery Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 12 LAMEA Confectionery Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 13 LAMEA Food & Beverages Market, by Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Food & Beverages Market, by Country, 2023 - 2030, USD Million
TABLE 15 LAMEA Food & Beverages Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 16 LAMEA Food & Beverages Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 17 LAMEA Cosmetics Market, by Country, 2019 - 2022, USD Million
TABLE 18 LAMEA Cosmetics Market, by Country, 2023 - 2030, USD Million
TABLE 19 LAMEA Cosmetics Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 20 LAMEA Cosmetics Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 21 LAMEA Pharmaceutical Market, by Country, 2019 - 2022, USD Million
TABLE 22 LAMEA Pharmaceutical Market, by Country, 2023 - 2030, USD Million
TABLE 23 LAMEA Pharmaceutical Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 24 LAMEA Pharmaceutical Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 25 LAMEA Cocoa Market, by Product Type, 2019 - 2022, USD Million
TABLE 26 LAMEA Cocoa Market, by Product Type, 2023 - 2030, USD Million
TABLE 27 LAMEA Cocoa Market, by Product Type, 2019 - 2022, Kilo Tonnes
TABLE 28 LAMEA Cocoa Market, by Product Type, 2023 - 2030, Kilo Tonnes
TABLE 29 LAMEA Cocoa Beans Market, by Country, 2019 - 2022, USD Million
TABLE 30 LAMEA Cocoa Beans Market, by Country, 2023 - 2030, USD Million
TABLE 31 LAMEA Cocoa Beans Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 32 LAMEA Cocoa Beans Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 33 LAMEA Cocoa Powder & Cake Market, by Country, 2019 - 2022, USD Million
TABLE 34 LAMEA Cocoa Powder & Cake Market, by Country, 2023 - 2030, USD Million
TABLE 35 LAMEA Cocoa Powder & Cake Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 36 LAMEA Cocoa Powder & Cake Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 37 LAMEA Cocoa Butter Market, by Country, 2019 - 2022, USD Million
TABLE 38 LAMEA Cocoa Butter Market, by Country, 2023 - 2030, USD Million
TABLE 39 LAMEA Cocoa Butter Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 40 LAMEA Cocoa Butter Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 41 LAMEA Chocolate Market, by Country, 2019 - 2022, USD Million
TABLE 42 LAMEA Chocolate Market, by Country, 2023 - 2030, USD Million
TABLE 43 LAMEA Chocolate Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 44 LAMEA Chocolate Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 45 LAMEA Others Market, by Country, 2019 - 2022, USD Million
TABLE 46 LAMEA Others Market, by Country, 2023 - 2030, USD Million
TABLE 47 LAMEA Others Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 48 LAMEA Others Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 49 LAMEA Cocoa Market, by Country, 2019 - 2022, USD Million
TABLE 50 LAMEA Cocoa Market, by Country, 2023 - 2030, USD Million
TABLE 51 LAMEA Cocoa Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 52 LAMEA Cocoa Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 53 Brazil Cocoa Market, 2019 - 2022, USD Million
TABLE 54 Brazil Cocoa Market, 2023 - 2030, USD Million
TABLE 55 Brazil Cocoa Market, 2019 - 2022, Kilo Tonnes
TABLE 56 Brazil Cocoa Market, 2023 - 2030, Kilo Tonnes
TABLE 57 Brazil Cocoa Market, by Application, 2019 - 2022, USD Million
TABLE 58 Brazil Cocoa Market, by Application, 2023 - 2030, USD Million
TABLE 59 Brazil Cocoa Market, by Application, 2019 - 2022, Kilo Tonnes
TABLE 60 Brazil Cocoa Market, by Application, 2023 - 2030, Kilo Tonnes
TABLE 61 Brazil Cocoa Market, by Product Type, 2019 - 2022, USD Million
TABLE 62 Brazil Cocoa Market, by Product Type, 2023 - 2030, USD Million
TABLE 63 Brazil Cocoa Market, by Product Type, 2019 - 2022, Kilo Tonnes
TABLE 64 Brazil Cocoa Market, by Product Type, 2023 - 2030, Kilo Tonnes
TABLE 65 Argentina Cocoa Market, 2019 - 2022, USD Million
TABLE 66 Argentina Cocoa Market, 2023 - 2030, USD Million
TABLE 67 Argentina Cocoa Market, 2019 - 2022, Kilo Tonnes
TABLE 68 Argentina Cocoa Market, 2023 - 2030, Kilo Tonnes
TABLE 69 Argentina Cocoa Market, by Application, 2019 - 2022, USD Million
TABLE 70 Argentina Cocoa Market, by Application, 2023 - 2030, USD Million
TABLE 71 Argentina Cocoa Market, by Application, 2019 - 2022, Kilo Tonnes
TABLE 72 Argentina Cocoa Market, by Application, 2023 - 2030, Kilo Tonnes
TABLE 73 Argentina Cocoa Market, by Product Type, 2019 - 2022, USD Million
TABLE 74 Argentina Cocoa Market, by Product Type, 2023 - 2030, USD Million
TABLE 75 Argentina Cocoa Market, by Product Type, 2019 - 2022, Kilo Tonnes
TABLE 76 Argentina Cocoa Market, by Product Type, 2023 - 2030, Kilo Tonnes
TABLE 77 UAE Cocoa Market, 2019 - 2022, USD Million
TABLE 78 UAE Cocoa Market, 2023 - 2030, USD Million
TABLE 79 UAE Cocoa Market, 2019 - 2022, Kilo Tonnes
TABLE 80 UAE Cocoa Market, 2023 - 2030, Kilo Tonnes
TABLE 81 UAE Cocoa Market, by Application, 2019 - 2022, USD Million
TABLE 82 UAE Cocoa Market, by Application, 2023 - 2030, USD Million
TABLE 83 UAE Cocoa Market, by Application, 2019 - 2022, Kilo Tonnes
TABLE 84 UAE Cocoa Market, by Application, 2023 - 2030, Kilo Tonnes
TABLE 85 UAE Cocoa Market, by Product Type, 2019 - 2022, USD Million
TABLE 86 UAE Cocoa Market, by Product Type, 2023 - 2030, USD Million
TABLE 87 UAE Cocoa Market, by Product Type, 2019 - 2022, Kilo Tonnes
TABLE 88 UAE Cocoa Market, by Product Type, 2023 - 2030, Kilo Tonnes
TABLE 89 Saudi Arabia Cocoa Market, 2019 - 2022, USD Million
TABLE 90 Saudi Arabia Cocoa Market, 2023 - 2030, USD Million
TABLE 91 Saudi Arabia Cocoa Market, 2019 - 2022, Kilo Tonnes
TABLE 92 Saudi Arabia Cocoa Market, 2023 - 2030, Kilo Tonnes
TABLE 93 Saudi Arabia Cocoa Market, by Application, 2019 - 2022, USD Million
TABLE 94 Saudi Arabia Cocoa Market, by Application, 2023 - 2030, USD Million
TABLE 95 Saudi Arabia Cocoa Market, by Application, 2019 - 2022, Kilo Tonnes
TABLE 96 Saudi Arabia Cocoa Market, by Application, 2023 - 2030, Kilo Tonnes
TABLE 97 Saudi Arabia Cocoa Market, by Product Type, 2019 - 2022, USD Million
TABLE 98 Saudi Arabia Cocoa Market, by Product Type, 2023 - 2030, USD Million
TABLE 99 Saudi Arabia Cocoa Market, by Product Type, 2019 - 2022, Kilo Tonnes
TABLE 100 Saudi Arabia Cocoa Market, by Product Type, 2023 - 2030, Kilo Tonnes
TABLE 101 South Africa Cocoa Market, 2019 - 2022, USD Million
TABLE 102 South Africa Cocoa Market, 2023 - 2030, USD Million
TABLE 103 South Africa Cocoa Market, 2019 - 2022, Kilo Tonnes
TABLE 104 South Africa Cocoa Market, 2023 - 2030, Kilo Tonnes
TABLE 105 South Africa Cocoa Market, by Application, 2019 - 2022, USD Million
TABLE 106 South Africa Cocoa Market, by Application, 2023 - 2030, USD Million
TABLE 107 South Africa Cocoa Market, by Application, 2019 - 2022, Kilo Tonnes
TABLE 108 South Africa Cocoa Market, by Application, 2023 - 2030, Kilo Tonnes
TABLE 109 South Africa Cocoa Market, by Product Type, 2019 - 2022, USD Million
TABLE 110 South Africa Cocoa Market, by Product Type, 2023 - 2030, USD Million
TABLE 111 South Africa Cocoa Market, by Product Type, 2019 - 2022, Kilo Tonnes
TABLE 112 South Africa Cocoa Market, by Product Type, 2023 - 2030, Kilo Tonnes
TABLE 113 Nigeria Cocoa Market, 2019 - 2022, USD Million
TABLE 114 Nigeria Cocoa Market, 2023 - 2030, USD Million
TABLE 115 Nigeria Cocoa Market, 2019 - 2022, Kilo Tonnes
TABLE 116 Nigeria Cocoa Market, 2023 - 2030, Kilo Tonnes
TABLE 117 Nigeria Cocoa Market, by Application, 2019 - 2022, USD Million
TABLE 118 Nigeria Cocoa Market, by Application, 2023 - 2030, USD Million
TABLE 119 Nigeria Cocoa Market, by Application, 2019 - 2022, Kilo Tonnes
TABLE 120 Nigeria Cocoa Market, by Application, 2023 - 2030, Kilo Tonnes
TABLE 121 Nigeria Cocoa Market, by Product Type, 2019 - 2022, USD Million
TABLE 122 Nigeria Cocoa Market, by Product Type, 2023 - 2030, USD Million
TABLE 123 Nigeria Cocoa Market, by Product Type, 2019 - 2022, Kilo Tonnes
TABLE 124 Nigeria Cocoa Market, by Product Type, 2023 - 2030, Kilo Tonnes
TABLE 125 Rest of LAMEA Cocoa Market, 2019 - 2022, USD Million
TABLE 126 Rest of LAMEA Cocoa Market, 2023 - 2030, USD Million
TABLE 127 Rest of LAMEA Cocoa Market, 2019 - 2022, Kilo Tonnes
TABLE 128 Rest of LAMEA Cocoa Market, 2023 - 2030, Kilo Tonnes
TABLE 129 Rest of LAMEA Cocoa Market, by Application, 2019 - 2022, USD Million
TABLE 130 Rest of LAMEA Cocoa Market, by Application, 2023 - 2030, USD Million
TABLE 131 Rest of LAMEA Cocoa Market, by Application, 2019 - 2022, Kilo Tonnes
TABLE 132 Rest of LAMEA Cocoa Market, by Application, 2023 - 2030, Kilo Tonnes
TABLE 133 Rest of LAMEA Cocoa Market, by Product Type, 2019 - 2022, USD Million
TABLE 134 Rest of LAMEA Cocoa Market, by Product Type, 2023 - 2030, USD Million
TABLE 135 Rest of LAMEA Cocoa Market, by Product Type, 2019 - 2022, Kilo Tonnes
TABLE 136 Rest of LAMEA Cocoa Market, by Product Type, 2023 - 2030, Kilo Tonnes
TABLE 137 Key Information – The Barry Callebaut Group
TABLE 138 Key Information – JB Foods Limited
TABLE 140 Key Information – Cargill, Incorporated
TABLE 141 Key Information – Ciranda, Inc.
TABLE 142 Key Information – Nestle S.A
TABLE 143 key information – Mars, Inc.
TABLE 144 Key Information – Meiji Holdings Co., Ltd.
TABLE 145 key Information – Olam International Limited
TABLE 146 Key Information –The Hershey Company

List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Cocoa Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Cocoa Market
FIG 4 Porter’s Five Forces Analysis – Cocoa Market
FIG 5 LAMEA Cocoa Market share, by Application, 2022
FIG 6 LAMEA Cocoa Market share, by Application, 2030
FIG 7 LAMEA Cocoa Market, by Application, 2019 - 2030, USD Million
FIG 8 LAMEA Cocoa Market share, by Product Type, 2022
FIG 9 LAMEA Cocoa Market share, by Product Type, 2030
FIG 10 LAMEA Cocoa Market, by Product Type, 2019 - 2030, USD Million
FIG 11 LAMEA Cocoa Market share, by Country, 2022
FIG 12 LAMEA Cocoa Market share, by Country, 2030
FIG 13 LAMEA Cocoa Market, by Country, 2019 - 2030, USD Million
FIG 14 SWOT Analysis: The Barry Callebaut Group
FIG 15 SWOT Analysis: JB Foods Limited
FIG 16 SWOT Analysis: Archer Daniels Midland Company
FIG 17 Recent strategies and developments: Cargill, Incorporated
FIG 18 SWOT Analysis: Cargill, Incorporated
FIG 19 SWOT Analysis: Ciranda, Inc.
FIG 20 SWOT Analysis: Nestle S.A
FIG 21 Swot Analysis: Mars, Inc.
FIG 22 SWOT Analysis: Meiji Holdings Co., Ltd.
FIG 23 SWOT Analysis: Olam International Limited
FIG 24 SWOT Analysis: The Hershey Company