Growth and opportunities in the global cocoa and chocolate market and its inclusion in the tourism industry

31-08-24

The global cocoa and chocolate market is valued at USD 49.20 billion and is expected to continue to grow in the coming years. This market is mainly driven by the growing demand for chocolate products worldwide, both in mass consumption segments and in the niche of premium chocolates. 

The chocolate industry has seen a boom, not only because of its popularity as an everyday consumer product, but also because of its inclusion in various categories such as health, beauty, wellness and tourism related products.

 This has led producers to constantly innovate flavours, ingredients and processing methods to meet the changing demands of consumers, who are now looking for options that combine indulgence with health benefits.