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

Australia Cocoa Market Trends

The Australia cocoa market is expanding as global chocolate consumption drives increasing demand. The industry supports economic growth by generating jobs in agriculture and processing. Cocoa farming diversifies Australia's agricultural sector, and the emphasis on sustainable practices attracts eco-conscious consumers. The country's unique climate also produces high-quality cocoa, making it appealing in premium markets. The Australian Cocoa Strategic RD&E Plan (2022-2027) is a crucial initial step for the industry's growth. It outlines three main priorities: profitable cocoa-growing systems, high-quality Australian cocoa for premium markets, and fostering a successful cocoa industry in Australia.

Domestic cocoa production reduces Australia's dependency on imports, improving food security and positively impacting the Australia cocoa market revenue. Export potential is robust, particularly within the Asia-Pacific and European markets. Cocoa farming stimulates regional economies, creating employment opportunities across various sectors, from agriculture to retail. Innovations in processing, such as bean-to-bar chocolate, further contribute to the industry's growth.

Australia Cocoa Market Growth

The demand for the Australia cocoa market is increasing due to its health benefits, such as promoting cardiovascular health with its antioxidants and minerals. Cocoa processing into products like butter and powder boosts economic returns. Australia's climate, particularly in subtropical areas, is ideal for high-quality cocoa. The industry also provides educational opportunities and reduces environmental impacts, such as carbon emissions. Data from the UN Comtrade Database reveals that in 2021, Australia imported 485 tonnes of cocoa beans, with a total value of USD 3.14 million.

Opportunities in the Australia cocoa market are expanding as cocoa farming contributes to community development through fair trade and improved living standards. The industry encourages cultural exchanges with other cocoa-producing nations, and Australia's craft cocoa market is flourishing, in line with the global trend towards artisanal products. With health-conscious consumers increasingly seeking organic options, the market is catering to this demand, while cocoa farms offer tourism experiences to further boost the sector.

Australia Cocoa Market Insights

• According to the USDA, U.S. chocolate and cocoa product exports to Australia are projected to reach USD 46.89 million in 2024. This highlights the increasing demand for cocoa-based products in Australia, offering significant export potential for local cocoa producers to meet both domestic and international market needs.
• The NSW Department of Education forecasts that Australia’s cocoa production could reach USD 15-20 million by 2030. This growth presents a promising opportunity for the Australian cocoa market, with the potential to establish a robust domestic industry and increase local and international trade in the coming decade.
• As per the industry reports, the cocoa cultivation in Australia is concentrated in regions near Darwin, North Queensland, and north-western Western Australia. These areas benefit from suitable climates for cocoa production, creating a foundation for industry expansion and increased 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 become a significant trend in the Australia cocoa market, driven by consumer demand for eco-friendly products. Cocoa farms are increasingly adopting sustainable practices, such as organic farming, agroforestry, and reduced pesticide use, to reduce environmental impact. Additionally, Australian cocoa producers are incorporating fair trade practices to ensure that both social and environmental concerns are addressed. Many farms are also embracing renewable energy sources and implementing water conservation strategies. This shift towards sustainability is particularly appealing in global markets, where eco-conscious consumers are willing to pay a premium for environmentally responsible products. In 2023, 85.5% of Nestlé's cocoa was sourced through its Cocoa Plan, benefitting 179,399 farmers, with the goal to source 100% sustainably by 2025.

Health-Conscious Consumer Trends

In Australia, the growing focus on health and wellness has significantly influenced the Australia cocoa market dynamics and trends, with consumers increasingly seeking products that offer health benefits. Dark chocolate, prized for its antioxidant and flavonoid content, is in high demand. Additionally, there is a rising interest in cocoa-based products with minimal sugar, organic ingredients, and functional health benefits, such as stress relief and improved heart health. Australian cocoa producers are responding to these trends by offering clean-label, healthier options to meet the needs of health-conscious consumers. This shift aligns with the global movement towards nutritious yet indulgent snacks. In April 2023, VEGO, the popular dairy-free brand, launched the VEGO Crisp, made with hazelnut-based chocolate and rice crisps, catering to the growing demand for healthier alternatives.

Opportunities in the Australia Cocoa Market

The growth of the Australia cocoa market is being driven by producers innovating with new cocoa-based products to cater to evolving consumer preferences. This includes healthier, plant-based, and functional chocolate options that meet specific dietary requirements, such as vegan, keto, and paleo diets. Cocoa is also being used in non-chocolate products like beauty items, beverages, and snacks. These innovations are opening new market segments and expanding beyond traditional chocolate bars. As demand for versatile cocoa products increases, Australian producers are exploring ways to diversify their offerings and attract a wider customer base. Recent advancements in Australian cocoa technology focus on establishing a viable cocoa industry in Queensland. Key initiatives include mechanized pod splitting and bean separation, supported by companies like Cadbury Schweppes and government agencies. Research aims to grow high-quality cocoa suited to the climate and develop efficient harvesting techniques.

Market Restraints

The Australia cocoa market faces several challenges despite growth potential. These include climate limitations, high production costs, and a lack of expertise in large-scale farming. Farmers also rely heavily on imported cocoa and face pest issues. Limited investment and infrastructure, along with competition from established cocoa regions, hinder industry growth. Additionally, consumer preferences for imported chocolate, regulatory barriers, and price sensitivity make it harder for local producers to thrive.

Weather variability, competition from alternative crops, and global trade barriers further constrain market expansion. Furthermore, the slow development of the industry and rising consumer interest in non-cocoa alternatives may impede Australia’s ability to compete in the global cocoa market.

Australia Cocoa Market Share

Market Analysis by Type

According to the Australia cocoa market analysis, cocoa butter is a key ingredient, renowned for its smooth texture and rich flavour. Essential in chocolate production, it also has applications in cosmetics and skincare due to its moisturising properties. As the demand for premium products rises, its versatility boosts growth in both the food and beauty industries. Juremont, a long-time supplier of Barry Callebaut cocoa products, offers a range of cocoa liquor, butter, powder, and nibs, providing expert advice, secure supply chains, and competitive pricing, with various sustainable certifications.

Cocoa powder is highly valued in the Australian market for its deep flavour and versatility, primarily used in baking, beverages, and confectionery. With increasing consumer interest in health-conscious options, cocoa powder's antioxidant-rich qualities are particularly appealing in natural and organic products. This growing demand is driving innovation within the local cocoa industry. Daintree Estates, based in Far North Queensland's Daintree region, offers locally grown chocolate. Their products promote the health benefits of dark chocolate while supporting sustainability through initiatives such as rainforest reforestation projects with Rainforest Rescue.

Cocoa liquor, made from ground cocoa beans, is a vital component of the Australia cocoa market. It provides a rich, intense chocolate flavour and serves as the base for premium chocolate production. As the demand for high-quality, sustainably sourced ingredients grows, its versatility in various cocoa-based foods and beverages further fuels market expansion. Cocoa Supply, a family-owned business, offers premium cacao products like cacao powder, butter, nibs, and chocolate, sourced from sustainable, small family farms. They pride themselves on social responsibility, transparent pricing, and supporting sustainable cacao farming practices, using the high-quality "Arriba" Nacional cocoa bean.

Market Analysis by Application

According to the Australia cocoa market report, cocoa plays a key role in food and beverage products such as chocolate, baked goods, and hot drinks. With increasing consumer interest in healthier options, cocoa’s antioxidant properties, including flavonoids, are gaining recognition. This awareness, alongside the demand for premium and ethical products, strengthens cocoa’s presence in the industry. In February 2025, Kokonut Pacific Solomon Islands (KPSI) launched a locally produced drinking chocolate to mark its 20th anniversary, celebrating the expansion of cocoa processing and exports through the Solomon Islands-Australia Partnership. The product supports local farmers, promotes sustainable income, and reduces dependence on cocoa imports.

The Australia Cocoa market growth is boosted as its benefits are also extending beyond food, increasingly being incorporated into cosmetics and pharmaceuticals. Cocoa butter, with its moisturising and anti-inflammatory properties, is highly sought after in skincare, while its antioxidants are featured in anti-aging products and health supplements. As consumer demand for natural and sustainable ingredients grows, Australia’s cocoa market continues to expand within these industries. The International Trade Administration values Australia's cosmetics sector at USD 3.5 billion, with its focus on sustainability and premium products further driving cocoa’s role in eco-friendly cosmetics, thus offering new opportunities for local cocoa producers in both domestic and global markets.

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 Australia cocoa market key players are known for producing high-quality cocoa and chocolate products across sectors like confectionery, foodservice, and retail. They are recognised for innovation and a strong commitment to sustainability in cocoa production. These companies focus on ethically sourcing, processing, and distributing cocoa beans, while offering a diverse product range, including cocoa, coffee, and nuts, with a strong emphasis on traceability and sustainability throughout their global supply chains.

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.