In five years, the global cocoa market is projected to be worth $2.1 billion while the market for chocolate will reach $131.7 billion in 2019, according to a new report from researchers MarketsandMarkets.
The report analyzes the cocoa and chocolate market by geography (Asia-Pacific, Europe, North America, rest of the world), type (cocoa butter/powder/liquid, white/dark/milk chocolate), and application (food and beverage, pharmaceuticals, cosmetics, confectionary).