Global: cocoa market revenue by country 2022

The revenue ranking in the 'Cocoa' segment of the hot drinks market is lead by the United States with 1.6 billion U.S. dollars, while Japan is following with 921.01 million U.S. dollars. In contrast, Austria is at the bottom of the ranking with 59.6 million U.S. dollars, showing a difference of 1.5 billion U.S. dollars to the United States.

Find other insights concerning similiar markets and segments, such as a ranking of subsegments in Kenya regarding revenue in the Hot Drinks market as a whole and a ranking of subsegments in Russia regarding share in the segment Coffee .

Revenue of the cocoa market worldwide in 2022, by country (in million U.S. dollars)

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Supplementary notes

Data provided by Statista Market Insights are estimates.

Definition:

The Cocoa market consists of powder and powder mixes for the preparation of cocoa drinks or hot chocolate. It does not include other products based on cocoa (such as chocolate bars) or premade, Ready-to-Drink (RTD) cocoa drinks which are instead aggregated into Non-Carbonated Soft Drinks in the Non-Alcoholic Drinks market.

Additional Information:

The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (per kilogram), as well as sales channels. Per capita figures refer to the whole population. The market only covers at-home sales (e.g. sales via supermarkets, hypermarkets, convenience stores). Out-of-home sales (e.g. sales in Hotels, restaurants, bars) are only shown as a separate box in the aggregated Hot Drinks market. All prices include all sales and consumption taxes and are valued at consumer prices.

One cup of cocoa or hot chocolate is assumed to contain 5.3 grams of cocoa. One kilogram therefore represents roughly 190 cup equivalents. In the cocoa market, the most important player is Nestlé (Nesquik).

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