The global cocoa market attained a value of USD 28.40 Billion in 2025 and is projected to expand at a CAGR of 4.40% through 2035. The market is further expected to achieve USD 43.68 Billion by 2035. As per the analysis by Expert Market Research, the market is expected to be driven by the rising consumption in the food and beverages industry and the cosmetics industry.
The cocoa market is driven by the food and beverages sector's high demand for cocoa products like chocolates and cocoa-based drinks. These products are favoured not only for their rich flavour but also for their health benefits, attributed to their high flavanol content. Cocoa's antioxidant properties are increasingly recognized in the cosmetic and pharmaceutical industries, where it is used to combat ageing effects and environmental damage. Cocoa’s ability to lower blood pressure and improve cardiovascular health is gaining popularity among consumers, fueling its growth across various industries worldwide.
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Cocoa butter holds a significant share in the cocoa market, serving as a crucial ingredient in chocolate production for various food and cosmetic products. It is utilized in both liquid and solid forms, playing essential roles in chocolates, cakes, ice creams, and skin care items like creams and conditioners.
Latest Updates on Top Cocoa Companies Worldwide 2026
In April 2026, Barry Callebaut reported its half-year fiscal 2025/26 results, with sales volume down 6.9 percent as cocoa bean prices fell 53 percent in eight weeks, while its Global Cocoa recurring EBIT rose 111 percent on improved margins.
In April 2026, Hartree Partners completed its acquisition of French soft-commodity trader Touton, one of the most significant consolidation moves in the cocoa and coffee trading sector.
In February 2026, Cocoa Processing Company, maker of Golden Tree chocolate, outlined a strategy to expand across Africa via AfCFTA, already exporting to Togo, Nigeria, and Benin, as it marked its 60th anniversary.
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Top 10 Cocoa Companies in the World
1. Barry Callebaut AG
| Headquarters: |
Zürich, Switzerland |
| Establishment: |
1996 |
| Website: |
https://www.barry-callebaut.com/ |
| CEO: |
Peter Feld |
| Stock Ticker: |
SIX: BARN |
| Key Brands: |
Callebaut, Cacao Barry, Carma, Mona Lisa |
Barry Callebaut AG stands as a global frontrunner in the production of premium chocolate and cocoa goods. The company is deeply involved in every stage, from cocoa bean procurement to crafting the finest chocolates, encompassing chocolate fillings, embellishments, and compounds. They market their products under a range of distinguished brands, such as Callebaut®, Cacao Barry®, Carma®, and the specialized decorating expert Mona Lisa®. In April 2026, Barry Callebaut reported its half-year fiscal 2025/26 results, with sales volume down 6.9 percent as cocoa prices fell sharply, while its Global Cocoa recurring EBIT rose 111 percent on improved margins.
2. TOUTON S.A.
| Headquarters: |
Bordeaux, France |
| Establishment: |
1848 |
| Website: |
https://www.touton.com/ |
| Owner: |
Hartree Partners (acquired 2026) |
| Market Position: |
One of the top five cocoa traders worldwide |
| Sustainability Tool: |
Proprietary PACT Standard for responsible sourcing |
Touton is recognized as a prominent player in the global agro-industrial sector, specializing in the responsible sourcing of cocoa, coffee, vanilla, and natural ingredients. As one of the top five cocoa traders worldwide, the company operates with a supply network comprising 250 tier one suppliers. In addition to this, Touton operates a cocoa processing facility and takes pride in achieving an impressive 90% sustainability rate within its direct cocoa supply chain. In April 2026, Hartree Partners completed its acquisition of Touton, with the company continuing under its existing brand and leadership.
3. Olam Food Ingredients (ofi)
| Headquarters: |
Singapore |
| Establishment: |
1989 |
| Website: |
https://www.ofi.com/ |
| CEO: |
A. Shekhar |
| Parent Company: |
Olam Group |
| Global Presence: |
Over 110 manufacturing facilities worldwide |
Olam Food Ingredients (Ofi) is dedicated to providing food and beverage ingredients on a global scale. Ofi holds the esteemed position of being the leading global cocoa originator. The company delivers its products through widespread manufacturing through over 110 facilities and offers a diverse range of natural, delectable, and nutritious offerings.
4. Cemoi Group
| Headquarters: |
Perpignan, France |
| Establishment: |
1962 |
| Website: |
https://group.cemoi.com/ |
| Parent Company: |
Baronie Group (since 2021) |
| Operations: |
11 factories and 3 warehouses |
| Focus: |
Conventional and organic cocoa, processed primarily in France |
CÉMOI has evolved into one of the foremost chocolate manufacturers globally, exerting a significant presence in international markets. The CÉMOI group, headquartered in Perpignan, encompasses 11 factories and 3 warehouses. The group is dedicated to sourcing the finest conventional and organic cocoa beans, emphasizing proximity to producers, and subsequently processes these beans primarily within the borders of France.
5. Cargill, Incorporated
| Headquarters: |
Minnetonka, Minnesota, United States |
| Establishment: |
1865 |
| Website: |
https://www.cargill.com/ |
| Chairman and CEO: |
Brian Sikes |
| Status: |
Privately Held (Family-Owned) |
| Key Cocoa Brands: |
Gerkens cocoa powders, Cargill Craft cocoa liquors |
Cargill, Incorporated, a multinational food company headquartered in the United States, operates across various sectors, including agriculture, finance, and industrial products on a global scale. The company plays a crucial role in connecting customers with essential ingredients, linking farmers to markets, and ensuring that people and animals have the sustenance they need for their daily sustenance.
6. Cocoa Processing Company Limited (CPC)
| Headquarters: |
Tema, Ghana |
| Establishment: |
1965 |
| Website: |
https://www.goldentreeghana.com/ |
| Stock Ticker: |
GSE: CPC |
| Flagship Brand: |
Golden Tree |
| Processing Capacity: |
65,000 metric tonnes of premium Ghana cocoa beans |
Cocoa Processing Company Limited (CPC), located in Tema, operates three factories, which include two cocoa factories and a confectionery factory. These facilities are primarily engaged in the transformation of raw cocoa beans into semi-finished cocoa products. Notably, the CPC factories exclusively process the finest, high-quality Ghana cocoa beans without any blending. The annual processing capacity of the cocoa factories amounts to a substantial 65,000 metric tonnes of premium Ghana cocoa beans.
7. ECOM Agroindustrial Corp. Limited
| Headquarters: |
Pully, Switzerland |
| Establishment: |
1849 |
| Website: |
https://www.ecomtrading.com/ |
| Status: |
Privately Held (Family-Owned) |
| Market Position: |
Fourth-largest cocoa trader globally |
| Sustainability: |
Smarter Cocoa Charter, sourcing from over 30 countries |
ECOM is globally recognized as a leader in the field of soft commodity services, with a primary emphasis on coffee, cocoa, and cotton. The company’s workforce includes more than a thousand agronomists and field personnel deployed worldwide, driving innovative on-site initiatives and sustainability programs aimed at benefiting their customers and farming communities on a global scale.
8. PRONATEC AG
| Headquarters: |
Winterthur, Switzerland |
| Establishment: |
1976 |
| Website: |
https://www.pronatec.com/ |
| Status: |
Privately Held |
| Specialisation: |
Organic and Fairtrade certified cocoa ingredients |
| Product Range: |
Semi-finished cocoa, chocolate, coatings, sugar, vanilla, spices |
PRONATEC, a trailblazer in the worldwide organic and fair trade sector for over four and a half decades, specializes in providing premium, certified ingredients to its international clientele in the food and cosmetics sectors. The company's product catalogue comprises semi-finished cocoa products, chocolate, coatings, sugar, vanilla, and spices, featuring an array of organic and fairtrade labels.
9. Blommer Chocolate Company
| Headquarters: |
Chicago, Illinois, United States |
| Establishment: |
1939 |
| Website: |
https://www.blommer.com/ |
| Parent Company: |
Fuji Oil Holdings (Japan) |
| Market Position: |
Largest cocoa processor and ingredient chocolate supplier in North America |
| Facilities: |
Four manufacturing sites across North America |
Blommer Chocolate Company stands as the foremost cocoa processor and ingredient chocolate supplier in North America. Leveraging its four strategically positioned manufacturing facilities within the continent, the company offers holistic business solutions to both domestic and international clients of varying scales, operating in the confectionery, baking, and dairy sectors.
10. Crown of Holland (Tradin Organic Agriculture B.V.)
| Headquarters: |
Amsterdam, Netherlands |
| Establishment: |
1939 |
| Website: |
https://www.crownofholland.com/ |
| Parent Company: |
Tradin Organic (Acomo N.V.) |
| Specialisation: |
Certified organic cocoa processing |
| Technology: |
Whole-bean roasting and nib roasting |
Crown of Holland is Tradin Organic's cocoa processing plant located in the Netherlands. Specializing in the processing of certified organic cocoa beans, the company employ both whole-bean roasting technology and nib roasting technology. The company provides a range of organic certifications and offers fully traceable alternative certifications, including options tailored for specific customer projects.
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