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Chocolate Market Report: 2024 Recap & 2025 Forecast

Analyse the notable shifts and trends in the chocolate market during the first whole 2024 with our eoy report. This report delves into key products such as sugar, milk, and cocoa.

Utilising Vesper's detailed data, we identify significant market movements and emerging trends that have impacted the chocolate sector in 2024. The report concludes with a concise outlook for the next year, offering essential insights for strategic planning.

What to expect from the report

The cocoa market reached unprecedented levels in 2024. This report provides:

  • Price Analysis: Historic highs of $11,878 (ICE US) and €11,833 (ICE EU)
  • Production Impact: 13% decline in global production
  • Quality Issues: Assessment of warehouse stock quality concerns
  • Cost Analysis: Detailed breakdown of milk chocolate production costs
  • Regulatory Overview: Impact of upcoming EU Deforestation Regulation
  • And more…

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What is Vesper?

Vesper, vespertool.com, is a commodity intelligence platform that transforms difficult-to-understand data into easy-to-digest intelligence and actionable insights, enabling users to back their decisions with facts. The insights provided by our market analysts in this report are backed-up by Vesper’s real-time and difficult to find data.

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