Phoenix Research Publishes 2026 “Global Cocoa Powder Market Outlook – Press Release”
Global Cocoa Powder Market to Reach ~USD 36.8 Billion by 2033, Driven by Premium Chocolate Demand, Clean-Label Adoption, and High-Flavanol Innovation
February 2026 | Phoenix Research
The Global Cocoa Powder Market is projected to grow from USD 24.6 billion in 2025 to approximately USD 36.8 billion by 2033, registering a CAGR of ~5.2% during the forecast period (2026–2033), according to the latest analysis by Phoenix Research.
The Global Cocoa Powder Market continues to demonstrate steady expansion, supported by rising demand across chocolate, confectionery, bakery, dairy, beverage, and functional food applications. Cocoa powder remains a foundational raw material within the global chocolate ecosystem while gaining increased relevance in health-oriented formulations due to its natural antioxidant and flavanol content.
Premium chocolate consumption, expanding packaged bakery production, and rising demand for cocoa-based beverages such as hot chocolate, RTD dairy drinks, and protein shakes are strengthening global industrial demand. Additionally, clean-label ingredient positioning and sustainable sourcing certifications are becoming central competitive differentiators across both B2B and retail segments.
Europe currently holds the largest market share, driven by its strong chocolate manufacturing heritage, established confectionery brands, and high per-capita cocoa consumption. Asia-Pacific represents the fastest-growing region, supported by urbanization, westernized dietary adoption, expanding middle-class populations, and growing processed food industries across China, India, Japan, and Southeast Asia.
Rachna Patni, Analyst – Food & Beverages Industry at Phoenix Research, stated:
“The cocoa powder market is evolving beyond traditional commodity dynamics into a premium and sustainability-led growth cycle. High-flavanol functional cocoa, blockchain-enabled traceability, and ethical sourcing partnerships are redefining value creation. Companies integrating AI-driven supply chain optimization and diversified regional processing capacity will secure long-term competitive resilience.”
Key Market Highlights
- Europe remains the largest market, supported by strong chocolate production and premium confectionery demand.
- Asia-Pacific is the fastest-growing region, driven by urbanization and rising chocolate consumption.
- Natural Cocoa Powder represents the leading product segment globally.
- High-Flavanol & Functional Cocoa is gaining traction in nutraceutical and wellness applications.
- Sustainable & Certified Cocoa (Fairtrade, Organic, Rainforest Alliance) is strengthening brand positioning.
- Traceability Technology & AI-driven supply chain analytics are enhancing procurement transparency and margin management.
Phoenix Research’s latest report provides comprehensive Global Cocoa Powder Market revenue forecasts, detailed segmentation analysis, competitive benchmarking, regional intelligence, commodity price trend evaluation, and AI-backed strategic insights across key international markets.
📈 For a detailed look at the full report, visit:
👉 https://www.pheonixresearch.com/food-beverages/bakery-confectionery/market-report/global-cocoa-powder-market/
About Phoenix Research
Phoenix Research is a global market intelligence and strategic advisory firm delivering data-driven insights across the Food & Beverages industry and other high-growth sectors. Through advanced forecasting models, AI-powered analytics, and strategic intelligence frameworks, the firm enables stakeholders to identify emerging opportunities and achieve sustainable competitive advantage.
Media Contact:
Phoenix Research
Email: Media@pheonixresearch.com
Website: www.pheonixresearch.com