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North America 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

Published Date : 11-Mar-2024

Pages: 117

Formats: PDF

The North America Cocoa Market would witness market growth of 4.6% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 843.7 Kilo Tonnes, showcasing a growth of 4.6% (2019-2022).

The confectionery industry remains the primary adopter of cocoa, utilizing it as a fundamental ingredient in producing various chocolate products. The timeless appeal of chocolate and innovative product offerings has sustained the demand for this product within this sector. The adoption of this in confectionery extends from mass-produced chocolate bars to artisanal, premium creations catering to diverse consumer tastes and preferences. It's adoption in the beverage industry has seen a remarkable expansion.

The growing demand for premium and specialty beverages has further fuelled the adoption of high-quality cocoa in producing chocolate-based drinks. The adoption of this in the cosmetics and personal care industry is marked using its butter. It is recognized for its moisturizing and emollient properties, so this butter is widely adopted in skincare products, lip balms, hair conditioners, and other beauty formulations. Consumer preferences for natural ingredients and a desire for products that provide sensory pleasure and skin benefits promote its growth in this industry.

The Mexican Online Sales Association estimates that the domestic e-commerce sector was worth USD 19.7 billion in 2021, an increase of 27% over 2020. In 2021, there were 57.5 million users of Mexican eCommerce, up 11% from the previous year. In 2020, women made up 51% of Mexican eCommerce users. E-commerce platforms allow the businesses to implement effective digital marketing strategies in Mexico. Social media campaigns, influencer collaborations, and online advertising increase brand visibility, attracting a wider audience and driving sales in Mexico. Hence, the factors mentioned above will drive the regional market growth.

The US market dominated the North America Cocoa Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $7,475.4 Million by 2030. The Canada market is experiencing a CAGR of 6.9% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 6% during (2023 - 2030).

Free Valuable Insights: The Cocoa Market is Predict 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 U.S., Mexico, Canada, and Rest of North America.

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)

North America 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)

  • US
  • Canada
  • Mexico
  • Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Cocoa Market, by Application
1.4.2 North America Cocoa Market, by Product Type
1.4.3 North America 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. North America Cocoa Market, by Application
5.1 North America Confectionery Market, by Country
5.2 North America Food & Beverages Market, by Country
5.3 North America Cosmetics Market, by Country
5.4 North America Pharmaceutical Market, by Country

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

Chapter 7. North America Cocoa Market, by Country
7.1 US Cocoa Market
7.1.1 US Cocoa Market, by Application
7.1.2 US Cocoa Market, by Product Type
7.2 Canada Cocoa Market
7.2.1 Canada Cocoa Market, by Application
7.2.2 Canada Cocoa Market, by Product Type
7.3 Mexico Cocoa Market
7.3.1 Mexico Cocoa Market, by Application
7.3.2 Mexico Cocoa Market, by Product Type
7.4 Rest of North America Cocoa Market
7.4.1 Rest of North America Cocoa Market, by Application
7.4.2 Rest of North America 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 North America Cocoa Market, 2019 - 2022, USD Million
TABLE 2 North America Cocoa Market, 2023 - 2030, USD Million
TABLE 3 North America Cocoa Market, 2019 - 2022, Kilo Tonnes
TABLE 4 North America Cocoa Market, 2023 - 2030, Kilo Tonnes
TABLE 5 North America Cocoa Market, by Application, 2019 - 2022, USD Million
TABLE 6 North America Cocoa Market, by Application, 2023 - 2030, USD Million
TABLE 7 North America Cocoa Market, by Application, 2019 - 2022, Kilo Tonnes
TABLE 8 North America Cocoa Market, by Application, 2023 - 2030, Kilo Tonnes
TABLE 9 North America Confectionery Market, by Country, 2019 - 2022, USD Million
TABLE 10 North America Confectionery Market, by Country, 2023 - 2030, USD Million
TABLE 11 North America Confectionery Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 12 North America Confectionery Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 13 North America Food & Beverages Market, by Country, 2019 - 2022, USD Million
TABLE 14 North America Food & Beverages Market, by Country, 2023 - 2030, USD Million
TABLE 15 North America Food & Beverages Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 16 North America Food & Beverages Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 17 North America Cosmetics Market, by Country, 2019 - 2022, USD Million
TABLE 18 North America Cosmetics Market, by Country, 2023 - 2030, USD Million
TABLE 19 North America Cosmetics Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 20 North America Cosmetics Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 21 North America Pharmaceutical Market, by Country, 2019 - 2022, USD Million
TABLE 22 North America Pharmaceutical Market, by Country, 2023 - 2030, USD Million
TABLE 23 North America Pharmaceutical Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 24 North America Pharmaceutical Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 25 North America Cocoa Market, by Product Type, 2019 - 2022, USD Million
TABLE 26 North America Cocoa Market, by Product Type, 2023 - 2030, USD Million
TABLE 27 North America Cocoa Market, by Product Type, 2019 - 2022, Kilo Tonnes
TABLE 28 North America Cocoa Market, by Product Type, 2023 - 2030, Kilo Tonnes
TABLE 29 North America Cocoa Beans Market, by Country, 2019 - 2022, USD Million
TABLE 30 North America Cocoa Beans Market, by Country, 2023 - 2030, USD Million
TABLE 31 North America Cocoa Beans Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 32 North America Cocoa Beans Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 33 North America Cocoa Powder & Cake Market, by Country, 2019 - 2022, USD Million
TABLE 34 North America Cocoa Powder & Cake Market, by Country, 2023 - 2030, USD Million
TABLE 35 North America Cocoa Powder & Cake Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 36 North America Cocoa Powder & Cake Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 37 North America Cocoa Butter Market, by Country, 2019 - 2022, USD Million
TABLE 38 North America Cocoa Butter Market, by Country, 2023 - 2030, USD Million
TABLE 39 North America Cocoa Butter Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 40 North America Cocoa Butter Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 41 North America Chocolate Market, by Country, 2019 - 2022, USD Million
TABLE 42 North America Chocolate Market, by Country, 2023 - 2030, USD Million
TABLE 43 North America Chocolate Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 44 North America Chocolate Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 45 North America Others Market, by Country, 2019 - 2022, USD Million
TABLE 46 North America Others Market, by Country, 2023 - 2030, USD Million
TABLE 47 North America Others Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 48 North America Others Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 49 North America Cocoa Market, by Country, 2019 - 2022, USD Million
TABLE 50 North America Cocoa Market, by Country, 2023 - 2030, USD Million
TABLE 51 North America Cocoa Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 52 North America Cocoa Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 53 US Cocoa Market, 2019 - 2022, USD Million
TABLE 54 US Cocoa Market, 2023 - 2030, USD Million
TABLE 55 US Cocoa Market, 2019 - 2022, Kilo Tonnes
TABLE 56 US Cocoa Market, 2023 - 2030, Kilo Tonnes
TABLE 57 US Cocoa Market, by Application, 2019 - 2022, USD Million
TABLE 58 US Cocoa Market, by Application, 2023 - 2030, USD Million
TABLE 59 US Cocoa Market, by Application, 2019 - 2022, Kilo Tonnes
TABLE 60 US Cocoa Market, by Application, 2023 - 2030, Kilo Tonnes
TABLE 61 US Cocoa Market, by Product Type, 2019 - 2022, USD Million
TABLE 62 US Cocoa Market, by Product Type, 2023 - 2030, USD Million
TABLE 63 US Cocoa Market, by Product Type, 2019 - 2022, Kilo Tonnes
TABLE 64 US Cocoa Market, by Product Type, 2023 - 2030, Kilo Tonnes
TABLE 65 Canada Cocoa Market, 2019 - 2022, USD Million
TABLE 66 Canada Cocoa Market, 2023 - 2030, USD Million
TABLE 67 Canada Cocoa Market, 2019 - 2022, Kilo Tonnes
TABLE 68 Canada Cocoa Market, 2023 - 2030, Kilo Tonnes
TABLE 69 Canada Cocoa Market, by Application, 2019 - 2022, USD Million
TABLE 70 Canada Cocoa Market, by Application, 2023 - 2030, USD Million
TABLE 71 Canada Cocoa Market, by Application, 2019 - 2022, Kilo Tonnes
TABLE 72 Canada Cocoa Market, by Application, 2023 - 2030, Kilo Tonnes
TABLE 73 Canada Cocoa Market, by Product Type, 2019 - 2022, USD Million
TABLE 74 Canada Cocoa Market, by Product Type, 2023 - 2030, USD Million
TABLE 75 Canada Cocoa Market, by Product Type, 2019 - 2022, Kilo Tonnes
TABLE 76 Canada Cocoa Market, by Product Type, 2023 - 2030, Kilo Tonnes
TABLE 77 Mexico Cocoa Market, 2019 - 2022, USD Million
TABLE 78 Mexico Cocoa Market, 2023 - 2030, USD Million
TABLE 79 Mexico Cocoa Market, 2019 - 2022, Kilo Tonnes
TABLE 80 Mexico Cocoa Market, 2023 - 2030, Kilo Tonnes
TABLE 81 Mexico Cocoa Market, by Application, 2019 - 2022, USD Million
TABLE 82 Mexico Cocoa Market, by Application, 2023 - 2030, USD Million
TABLE 83 Mexico Cocoa Market, by Application, 2019 - 2022, Kilo Tonnes
TABLE 84 Mexico Cocoa Market, by Application, 2023 - 2030, Kilo Tonnes
TABLE 85 Mexico Cocoa Market, by Product Type, 2019 - 2022, USD Million
TABLE 86 Mexico Cocoa Market, by Product Type, 2023 - 2030, USD Million
TABLE 87 Mexico Cocoa Market, by Product Type, 2019 - 2022, Kilo Tonnes
TABLE 88 Mexico Cocoa Market, by Product Type, 2023 - 2030, Kilo Tonnes
TABLE 89 Rest of North America Cocoa Market, 2019 - 2022, USD Million
TABLE 90 Rest of North America Cocoa Market, 2023 - 2030, USD Million
TABLE 91 Rest of North America Cocoa Market, 2019 - 2022, Kilo Tonnes
TABLE 92 Rest of North America Cocoa Market, 2023 - 2030, Kilo Tonnes
TABLE 93 Rest of North America Cocoa Market, by Application, 2019 - 2022, USD Million
TABLE 94 Rest of North America Cocoa Market, by Application, 2023 - 2030, USD Million
TABLE 95 Rest of North America Cocoa Market, by Application, 2019 - 2022, Kilo Tonnes
TABLE 96 Rest of North America Cocoa Market, by Application, 2023 - 2030, Kilo Tonnes
TABLE 97 Rest of North America Cocoa Market, by Product Type, 2019 - 2022, USD Million
TABLE 98 Rest of North America Cocoa Market, by Product Type, 2023 - 2030, USD Million
TABLE 99 Rest of North America Cocoa Market, by Product Type, 2019 - 2022, Kilo Tonnes
TABLE 100 Rest of North America Cocoa Market, by Product Type, 2023 - 2030, Kilo Tonnes
TABLE 101 Key Information – The Barry Callebaut Group
TABLE 102 Key Information – JB Foods Limited
TABLE 104 Key Information – Cargill, Incorporated
TABLE 105 Key Information – Ciranda, Inc.
TABLE 106 Key Information – Nestle S.A
TABLE 107 key information – Mars, Inc.
TABLE 108 Key Information – Meiji Holdings Co., Ltd.
TABLE 109 key Information – Olam International Limited
TABLE 110 Key Information –The Hershey Company

List of Figures
FIG 1 Methodology for the research
FIG 2 North America Cocoa Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Cocoa Market
FIG 4 Porter’s Five Forces Analysis – Cocoa Market
FIG 5 North America Cocoa Market share, by Application, 2022
FIG 6 North America Cocoa Market share, by Application, 2030
FIG 7 North America Cocoa Market, by Application, 2019 - 2030, USD Million
FIG 8 North America Cocoa Market share, by Product Type, 2022
FIG 9 North America Cocoa Market share, by Product Type, 2030
FIG 10 North America Cocoa Market, by Product Type, 2019 - 2030, USD Million
FIG 11 North America Cocoa Market share, by Country, 2022
FIG 12 North America Cocoa Market share, by Country, 2030
FIG 13 North America 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

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