Australia Cocoa Market Growth Analysis Report - Market Size, Share, Forecast Trends and Outlook (2025-2034)

Australia Cocoa Market Trends

The Australia cocoa industry is experiencing growth due to expanding domestic cultivation initiatives in regions like Northern Queensland, rising demand from the premium craft chocolate segment, and government-backed efforts to develop a sustainable and traceable cocoa supply chain. Additionally, increasing interest from food and beverage manufacturers in incorporating locally sourced, high-quality cocoa supports long-term market development. The Australian Cocoa Strategic RD&E Plan (2022-2027) serves as a pivotal framework for growth, focusing on profitable cocoa-growing systems, producing premium-quality cocoa, and fostering a robust cocoa industry within the country.

Domestic cocoa production is strengthening Australia’s food security by reducing import dependence and contributing positively to market revenue. With growing export opportunities, particularly in the Asia-Pacific and European markets, Australia is emerging as a competitive player in the global cocoa industry. Cocoa farming also supports regional economic development by creating jobs across agriculture, manufacturing, and retail sectors. Additionally, innovations in processing, such as bean-to-bar chocolate production, are driving consumer demand for premium, locally produced cocoa products and accelerating market growth.

Australia Cocoa Market Growth

The demand of the Australia cocoa market is witnessing a surge driven by its health benefits, notably its antioxidant and mineral content that promotes cardiovascular health. The processing of cocoa into value-added products such as butter and powder enhances economic returns. Australia's favourable subtropical climate contributes to the production of premium-quality cocoa. The industry also focuses on sustainability, aiming to reduce environmental impacts such as carbon emissions. According to the UN Comtrade Database, Australia imported 485 tonnes of cocoa beans in 2021, valued at USD 3.14 million, highlighting the market's growth potential.

Opportunities in the Australian cocoa market is expanding as cocoa farming plays a significant role in community development, particularly through fair trade initiatives that improve local living standards. Additionally, the industry fosters cultural exchanges with other cocoa-producing nations, further boosting its global engagement. Australia’s craft cocoa market is capitalising on the global shift towards artisanal and organic products, further driving the growth of the chocolate market in Australia.

Australia Cocoa Market Insights

• According to the USDA, U.S. chocolate and cocoa product exports to Australia are estimated at AUD 73.47 million in 2024, reflecting the growing demand for cocoa-based products in the Australian market.
• The NSW Department of Education forecasts Australia’s cocoa production could reach AUD 15-20 million by 2030, providing a promising opportunity for market growth and the establishment of a sustainable domestic industry that could boost both local production and international trade over the coming decade.
• Cocoa cultivation in Australia is primarily concentrated in regions like Darwin, North Queensland, and north-western Western Australia, where favourable climatic conditions support cocoa production, positioning these areas for continued industry expansion and enhanced local supply to meet both domestic consumption and export demands.

Industry News

September 2024

ALDI Australia became the first supermarket in the country to join Tony’s Open Chain, launching the Choceur CHOCO CHANGER chocolate bars. Made from 100% responsibly sourced cocoa, the bars promote transparency and ethical practices in the cocoa supply chain. Available in unique flavours, they aim to support farming communities while offering a delicious, responsible indulgence.

August 2024

Lindt launched the exclusive Lindt Artisan Collection in Australia, featuring the Chocolate Block Collection, Assorted Pralines Box, and chocolate-coated nuts and honeycomb. The collection, crafted with unique Australian flavours, was developed by Lindt’s Melbourne-based Maître Chocolatier and is available through Lindt’s shops and website.

Australia Cocoa Market Drivers

Sustainable Cocoa Farming

Sustainability has emerged as a dominant trend in the Australia cocoa market, driven by escalating consumer demand for eco-friendly and ethically produced products. Australian cocoa farms are increasingly adopting environmentally sustainable practices such as organic farming, agroforestry, and reduced pesticide use to minimise their ecological footprint. In 2023, 85.5% of Nestlé's cocoa was sourced through its Cocoa Plan, benefiting 179,399 farmers, to source 100% sustainably by 2025.  Additionally, fair trade practices are being incorporated to address social and environmental issues, while renewable energy and water conservation strategies are becoming standard. This shift towards sustainability appeals to eco-conscious global consumers willing to pay a premium for responsible sourcing.

Health-Conscious Consumer Trends

The growing emphasis on health and wellness is reshaping the Australia cocoa market dynamics and trends, with a clear shift towards products that offer functional health benefits. Dark chocolate, valued for its high levels of antioxidants and flavonoids, is experiencing increasing demand, while cocoa-based products with lower sugar content, organic ingredients, and additional health benefits such as stress relief and heart health are gaining popularity. In response, Australian cocoa producers are offering clean-label, health-focused products to cater to this health-conscious consumer base. This trend is part of a larger global movement towards nutritious yet indulgent snack options. In April 2023, VEGO, the popular dairy-free brand, launched the VEGO Crisp, made with hazelnut-based chocolate and rice crisps, tapping into the growing demand for healthier alternatives.

Opportunities in the Australia Cocoa Market

The growth of the Australia cocoa market is primarily driven by innovation in product development, with producers creating a diverse range of cocoa-based offerings to meet the evolving consumer demand for healthier, plant-based, and functional options. These products cater to specific dietary preferences, such as vegan, keto, and paleo diets, and extend beyond traditional chocolate bars into sectors like beauty, beverages, and snacks. Recent advancements in cocoa technology, particularly in Queensland, focus on mechanised pod splitting and bean separation, supported by Cadbury Schweppes and government agencies. This research aims to optimise harvesting techniques and develop high-quality cocoa suited to the Australian climate, positioning the industry for future growth and diversification.

Market Restraints

The Australia cocoa market faces several restraints hindering its growth potential, including climate constraints, high production costs, and a lack of large-scale farming expertise. Heavy reliance on imported cocoa, pest challenges, and insufficient investment and infrastructure further limit expansion.

Additionally, competition from established cocoa-producing regions, regulatory barriers, and consumer preferences for imported chocolate contribute to market difficulties. Weather variability, competition from alternative crops, and global trade restrictions also pose significant challenges to Australia's competitiveness in the global cocoa market.

Australia Cocoa Market Share

Market Analysis by Type

According to the Australia cocoa market analysis, cocoa butter is a critical ingredient, known for its smooth texture and rich flavour, essential in chocolate production and cosmetics due to its moisturising properties. The growing demand for premium, ethically sourced products is driving its expansion across the food and beauty sectors. Suppliers such as Juremont, offering a diverse range of cocoa products, including liquor, butter, powder, and nibs, are capitalising on these trends by providing secure supply chains and competitive pricing, while meeting the increasing demand for sustainable certifications.

Cocoa powder is highly valued in the Australia market for its deep flavour and versatility, particularly in baking, beverages, and confectionery. The increasing consumer shift towards health-conscious options is driving demand for cocoa powder, particularly in organic and antioxidant-rich products. This trend is spurring local industry innovation, with producers such as Daintree Estates promoting the health benefits of dark chocolate. Daintree’s commitment to sustainability, through initiatives like rainforest reforestation with Rainforest Rescue, further aligns with the growing consumer preference for eco-friendly products.

Cocoa liquor is an essential component in the Australia cocoa market, known for its rich, intense chocolate flavour and use as a base for premium chocolate production. As demand for high-quality, sustainably sourced ingredients rises, their versatility in various cocoa-based products is driving market growth. Companies like Cocoa Supply, sourcing from small, sustainable farms, are capitalising on this demand by offering premium cacao products, including powder, butter, nibs, and chocolate, all while prioritising social responsibility, transparency, and sustainable farming practices.

Market Analysis by Application

According to the Australia cocoa market report, cocoa remains integral to key food and beverage products such as chocolate, baked goods, and hot drinks. The growing consumer preference for healthier alternatives has highlighted cocoa’s antioxidant properties, particularly flavonoids. This heightened awareness, combined with a strong demand for premium and ethically sourced products, is increasing cocoa’s market share. A notable development is Kokonut Pacific Solomon Islands’ (KPSI) launch of locally produced drinking chocolate in February 2025, demonstrating the growing capacity for cocoa processing and export, benefiting local farmers and reducing cocoa import reliance.

The expansion of cocoa’s application beyond food is a key driver in the growth of the Australia cocoa market. Cocoa butter, prized for its moisturising and anti-inflammatory benefits, is increasingly used in skincare products, while its antioxidant properties are sought after in anti-ageing and health supplements. The rising consumer demand for natural and sustainable ingredients is propelling cocoa's incorporation into cosmetics and pharmaceuticals. With Australia's cosmetics sector valued at AUD 5 billion as per the International Trade Administration, this shift creates new opportunities for local producers to meet both domestic and global demand for eco-friendly, premium products.

Australia Cocoa Market Regional Insights

New South Wales Cocoa Market Overview

New South Wales (NSW) is becoming a significant contributor to Australia's cocoa industry, with certain regions offering ideal climates for cultivation. The market is expanding, emphasising sustainability and premium, locally sourced cocoa, attracting both domestic and international attention. Cocoa Nib, an artisan chocolate shop by Aymee Slaviero, offers indulgent treats such as Raspberry and Almond Slice, alongside Silverskin specialty coffee, set within the scenic Keith Tulloch Wines estate.

Queensland Cocoa Market Trends

As per the Australia cocoa industry analysis, Queensland is experiencing rapid growth in cocoa production, particularly in tropical areas with the perfect climate. Local farmers are focusing on producing high-quality cocoa to meet rising demand for ethical and traceable products. An estimated 15 to 20 hectares of cocoa is cultivated by up to 20 growers in Far North Queensland.

Western Australia Cocoa Market Dynamics

Western Australia’s cocoa market is evolving, with the Kimberley region benefiting from climate conditions suited to cocoa growth. The market is driven by a focus on sustainability, ethical sourcing, and innovative processing. Whistler's, the state's oldest chocolate company, epitomises quality and tradition.

Competitive Landscape

The key players in the Australia cocoa market are integral to its growth, excelling in the production of premium cocoa and chocolate products across sectors such as confectionery, foodservice, and retail. Their focus on innovation and sustainability is a key driver, as they prioritise ethical sourcing, processing, and distribution of cocoa beans. These companies also offer diverse product ranges, emphasising traceability and sustainability, which enhances their competitiveness in both domestic and global markets.

Key Industry Players

Barry Callebaut AG: Barry Callebaut AG, headquartered in Zurich, Switzerland, was established in 1996. It is a leading global manufacturer of high-quality cocoa and chocolate products, serving a wide range of industries including confectionery, foodservice, and retail. The company is known for its innovation and sustainability efforts in cocoa production.

TOUTON S.A.: TOUTON S.A., founded in 1976 and based in Paris, France, is a major global player in the cocoa and coffee trading industry. The company specializes in the sourcing, processing, and distribution of cocoa beans, and it operates with a strong focus on sustainability and ethical sourcing practices.

Olam Food Ingredients (ofi): Olam Food Ingredients (ofi) is a global leader in sustainable food and beverage ingredients, headquartered in Singapore and established in 1989. The company offers a diverse portfolio of products, including cocoa, coffee, and nuts, focusing on traceability and sustainable sourcing practices throughout its global supply chain.

Cemoi Group: Cemoi Group, established in 1814 and headquartered in Perpignan, France, is a renowned chocolate manufacturer and one of Europe's largest producers of chocolate products. The company is involved in all stages of chocolate production, from cocoa sourcing to finished product manufacturing, with a focus on quality and sustainability.

Other key players in the Australia cocoa market report are Cargill, Incorporated, Cocoa Processing Company Limited (CPC), The Cocoa Provider, and Daintree Cocoa Pty Ltd., among others.

Recent Developments

November 2024: Australia bolstered its support for the Solomon Islands' cocoa industry through a partnership with Tupaghotua Cocoa Plantation (TCP), a woman-owned business. The upgrade to TCP's solar drying and processing facilities boosted cocoa production, benefiting 164 small farmers and strengthening both local and export markets, promoting regional economic growth.

March 2024: Australian and Pacific cocoa producers are focusing on the boutique chocolate market, capitalising on unique cocoa bean characteristics. Researchers have mapped these beans' genetics, revealing distinct flavours, while producers like Darryl Kirk aim to meet the growing demand for exotic, single-origin chocolate amidst global cocoa shortages.

Key Features of the Report

• In-depth analysis of Australia Cocoa Market Size and forecast
• Comprehensive segmentation by type, application and region
• Market trends, drivers, and regulatory developments
• Competitive landscape and strategic company profiling
• Recent investments and infrastructure expansion impact
• Technological innovations and future market outlook

Why Choose Expert Market Research?

• Trusted insights backed by extensive primary research
• Actionable data for strategic decision-making
• Region-wise and product-specific analysis
• Expertise across cocoa domain

Call to Action

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