In comparison, Cocoa is the smallest segment in the Hot Drinks market. Nestlé is by far the most important player in the segment.
The market for Hot Drinks Drinks is structured into retail sales for at home consumption and on-premise or foodservice sales for out-of-home consumption. The at-home market, also called off-trade market, covers all retail sales via super- and hypermarkets, convenience stores or similar sales channels. The out-of-home market, also called on-trade market, away-from-home market or HORECA encompasses all sales to hotels, restaurants, catering, cafés, bars and similar hospitality service establishments. Both the at-home and the out-of-home market are valued at retail selling prices including all sales and consumption taxes. The price per unit in the out-of-home market always references the total price over the amount of tea consumed, regardless of the other components of the finished beverage. One cup of cocoa or hot chocolate is assumed to contain 5.3 grams of cocoa. One kilogram therefore represents roughly 190 cup equivalents. The valuation of the out-of-home segment at retail prices means a significant change of the market definition in comparison to earlier iterations of the Consumer Market Outlook, as out-of-home consumption was valued at wholesale prices before. This means, market totals are not comparable to published data from prior years.
- Cocoa powder
- Drinking chocolate
- Other Cocoa products, e.g. chocolate bars
- Chocolate Drinks (Ready To Drink)
Hot Drinks 2020 - Cocoa
Statista Consumer Market Outlook - Segment ReportDownload
Revenue Revenue Growth
in the Cocoa market in million US$ in percent
- Revenue Growth
Average Revenue per Capita
in the Cocoa market in US$
Cocoa, or hot chocolate, is the smallest Hot Drinks segment by value and volume. Consumption is concentrated in established chocolate-consuming countries – mostly Western countries. Here, a general trend towards lower sugar consumption as well as a decline in child population have inhibited growth over the review period.
Out of Home Revenue Share Out of Home Volume Share
in the Cocoa market in percent in percent
- Out of Home Revenue Share
- Out of Home Volume Share
Volume Volume Growth
in the Cocoa market in million kilograms in percent
- Volume Growth
Average Volume per Capita
in the Cocoa market in kilograms
Price per Unit
in the Cocoa market in US$
Global Comparison - Revenue
in the Cocoa market in million US$
The Cocoa market is built on resources from the Statista platform as well as on in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. We evaluate the status quo of the market, monitor trends, and create an independent forecast regarding market developments of the global Cocoa industry.
Here you can find more studies and statistics about "Cocoa".