The global chocolate market is estimated to be valued at well over $100 billion. In 2025, it is estimated to reach $182 billion. Between 2019 and 2025, the market is expected to develop at a CAGR of 4.78 percent. Chocolate is one of the most popular foods on the planet. It’s produced from cocoa liquor, cocoa seeds, cocoa butter, sugar, and milk, and it comes in a variety of flavors. Some countries are famous for their chocolate manufacturing and the high quality of their chocolate. Chocolate is high in antioxidants and has been linked to an increase in high-density lipoproteins. Sugar is not present in large quantities in dark chocolate with a high cocoa content. It has a more bitter flavor than other chocolates and may take some getting used to. There were reports in 2012 that there would be a big chocolate shortage due to insufficient supply. The news of shortages even caused cocoa prices to rise. However, supply continues to surpass demand for the time being, and there appears to be no immediate cause for concern. Chocolate manufacturers such as Mondelez International and Kraft Heinz are considered to be among the safest picks. This is owing to the fact that these businesses obtain their raw materials from a wide range of countries. These companies have attracted the attention of some of the world’s most prestigious investors. Berkshire Hathaway owns more than $13 billion in Kraft Heinz.
Insider Monkey dives in and takes a look at the biggest sources of one of the most beloved foods in the world, starting with number 25: To become a big player in the cocoa market, the Philippines must do a lot more. In the ranking of the top chocolate-producing countries in the world, Togo is ranked 24th. Togolese cacao has a peculiar flavor. Congo’s cocoa production fell by a third between 2018 and 2019. Madagascar is home to some excellent cocoa kinds, which are grown by 33,000 farmers. Liberia may not be as well-developed in the chocolate industry as other West African countries, but it is rapidly growing as a global participant. Around 250,000 farmers in Guatemala are involved in the cultivation and production of cocoa. Tanzania is ranked 19th on our list of the world’s top chocolate producers. Tanzania saw a 13% drop in production. For details on the topmost countries on this list, click Top 25 Chocolate Producing Countries in the World.
