EXCLUSIVE MARKET INFORMATION
Chocolate market outlook
A crisis year for cocoa, record high input costs and aggresive reformulation across the board. This report breaks down what every chocolate procurement team needs to know going into Q3-Q4.
- Why cocoa markets are still spiraling (and what’s next)
- How sugar and dairy markets are impacting chocolate pricing
- Ingredient level outlooks for sweeteners, dairy, oils and nuts
- The latest price forecasts for Q3-Q4 2025
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What procurement leaders say about Vesper
“We look at Vesper’s forecasts on a daily basis. Knowing what prices are expected to do in three, six, or nine months is the most important feature for us as buyers”
— Jan Bert Banga, Global Procurement Manager Dairy, Nestle
“Vesper is an excellent benchmark for buyers to double-check whether the quotes they get represent the market.”
— Yue Li, Market Intelligence Manager at Danone