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Top 10 Cocoa Producing Countries in the World
Feb 7, 2025
The sheer scale and volume of cocoa production is remarkable. As of 2023, the total cultivation of cocoa is over 5 million tonnes per year. To put that in perspective, that's equivalent to 11.023 billion pounds. In monetary terms, cocoa production reached an astounding $16 billion in 2023, with projections indicating a rise to $22 billion by 2028, reflecting a seven percent increase in value per year. Cocoa’s versatility is unmatched, serving as the foundation for beloved products like chocolate, cocoa powder, and cocoa butter, as well as cocoa-based beverages such as hot cocoa, smoothies, and even energy drinks. Beyond the culinary world, cocoa’s fatty acids and beneficial properties make it a sought-after ingredient in cosmetic products. Fascinatingly, nearly half of the world’s cocoa comes from just two countries, Côte d'Ivoire and Ghana. This article will delve into the top 10 cocoa-producing countries across the globe, highlighting their contributions to this thriving industry.
Côte d'Ivoire — 2,377,442 tons
Côte d'Ivoire, also known as Ivory Coast, stands in a league of its own as the world's biggest supplier of cocoa beans, with exports valued at $3.33 billion in 2023. Raw cocoa beans make up 70% of exports, while cocoa paste accounts for 12% and cocoa butter for 7%. The industry has a wide network of stakeholders, including 200,000 farmers in the Cocoa Life community, a network dedicated to building partnerships and new initiatives for the betterment of all stakeholders. In recent years, the West African nation has dealt with a wide array of geopolitical challenges and the effects of anthropogenic climate change. However, the overall situation remains stable and conducive to continued production growth. An October report from 2024 highlighted a bullish 10% increase in the harvest forecast for 2024-2025, following a new pod count, which involves assessing the number of cocoa pods on trees during a specific period.
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