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

Published May 29, 2025
Length 150 Pages
SKU # EMAR20078773

Description

The Mexico cocoa market size is projected to grow at a CAGR of 2.70% between 2025 and 2034. The market is being driven by the rising demand for cocoa in cosmetics and personal care applications and the growing preference for organic cocoa.

Climate change in Mexico is leading to an increase in the number of plant-based diseases, which is adversely impacting the cultivation of cocoa beans. However, an increase in international collaboration and private sector investments is expected to overcome this challenge. For example, the United Kingdom government is training cocoa farmers in the state of Tabasco with the objective of improving cocoa yields through its Partnering for Accelerated Climate Transitions (PACT) program.

Cocoa cultivation is mostly concentrated in Tabasco (68.8%) and Chiapas (31.1%) in Mexico. As per the Mexico cocoa market analysis, 1552770 hectares of land can be further utilised for the cultivation of criollo and organic varieties of cocoa, making Mexico one of the leading exporters of fine and ordinary cocoa beans globally.

The increasing use of cocoa butter in skincare products due to its anti-ageing and moisturising properties is expected to drive the Mexico cocoa market expansion. Cocoa butter is an extremely popular ingredient in cosmetic products as it prevents skin dryness and reduces wrinkles. Its anti-inflammatory properties also help in relieving eczema and psoriasis.

Besides, with the growing awareness regarding the benefits of organic produce among consumers and food manufacturers, the demand for organic cocoa is significantly rising. The surging demand for premium and organic confectionery is likely to further favour the Mexico cocoa market growth in the coming years.

Market Segmentation

Mexico Cocoa Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Product

Cocoa Butter
Cocoa Liquor
Cocoa Powder

Market Breakup by Application

Food and Beverages _x000D_ _x000D_ Confectionery _x000D_ Dairy _x000D_ Bakery _x000D_ Others _x000D_ _x000D_
Food and Beverages _x000D_ _x000D_ Confectionery _x000D_ Dairy _x000D_ Bakery _x000D_ Others _x000D_ _x000D_
Cosmetics and Pharmaceuticals
Others
Cosmetics and Pharmaceuticals
Others

Market Breakup by Region

Baja California
Northern Mexico
The Bajío
Central Mexico
Pacific Coast
Yucatan Peninsula

Competitive Landscape

The key Mexico cement market players are:

Euro-American Cacao Company, S. de R.L. de C.V.
Barry Callebaut AG
Cargill, Incorporated
IMCO
Others

Table of Contents

150 Pages
1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Regions
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Latin America Cocoa Market Overview
5.1 Key Industry Highlights
5.2 Latin America Cocoa Historical Market (2018-2024)
5.3 Latin America Cocoa Market Forecast (2025-2034)
5.4 Latin America Cocoa Market Share by Country
5.4.1 Brazil
5.4.2 Mexico
5.4.3 Argentina
5.4.4 Others
6 Mexico Cocoa Market Overview
6.1 Key Industry Highlights
6.2 Mexico Cocoa Historical Market (2018-2024)
6.3 Mexico Cocoa Market Forecast (2025-2034)
7 Mexico Cocoa Market by Product
7.1 Cocoa Butter
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.2 Cocoa Liquor
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
7.3 Cocoa Powder
7.3.1 Historical Trend (2018-2024)
7.3.2 Forecast Trend (2025-2034)
8 Mexico Cocoa Market by Application
8.1 Food and Beverages
8.1.1 Historical Trend (2018-2024)
8.1.2 Forecast Trend (2025-2034)
8.1.3 Breakup by Type
8.1.3.1 Confectionery
8.1.3.2 Dairy
8.1.3.3 Bakery
8.1.3.4 Others
8.2 Cosmetics and Pharmaceuticals
8.2.1 Historical Trend (2018-2024)
8.2.2 Forecast Trend (2025-2034)
8.3 Others
9 Mexico Cocoa Market by Region
9.1 Baja California
9.1.1 Historical Trend (2018-2024)
9.1.2 Forecast Trend (2025-2034)
9.2 Northern Mexico
9.2.1 Historical Trend (2018-2024)
9.2.2 Forecast Trend (2025-2034)
9.3 The Bajío
9.3.1 Historical Trend (2018-2024)
9.3.2 Forecast Trend (2025-2034)
9.4 Central Mexico
9.4.1 Historical Trend (2018-2024)
9.4.2 Forecast Trend (2025-2034)
9.5 Pacific Coast
9.5.1 Historical Trend (2018-2024)
9.5.2 Forecast Trend (2025-2034)
9.6 Yucatan Peninsula
9.6.1 Historical Trend (2018-2024)
9.6.2 Forecast Trend (2025-2034)
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyers Powers
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Trade Data Analysis (HS Code: 18)
12.1 Major Importing Countries
12.1.1 By Volume
12.1.2 By Value
12.2 Major Exporting Countries
12.2.1 By Volume
12.2.2 By Value
13 Price Analysis
14 Competitive Landscape
14.1 Supplier Selection
14.2 Key Global Players
14.3 Key Regional Players
14.4 Key Player Strategies
14.5 Company Profiles
14.5.1 Euro-American Cacao Company, S. de R.L. de C.V.
14.5.1.1 Company Overview
14.5.1.2 Product Portfolio
14.5.1.3 Demographic Reach and Achievements
14.5.1.4 Certifications
14.5.2 Barry Callebaut AG
14.5.2.1 Company Overview
14.5.2.2 Product Portfolio
14.5.2.3 Demographic Reach and Achievements
14.5.2.4 Certifications
14.5.3 Cargill, Incorporated
14.5.3.1 Company Overview
14.5.3.2 Product Portfolio
14.5.3.3 Demographic Reach and Achievements
14.5.3.4 Certifications
14.5.4 IMCO
14.5.4.1 Company Overview
14.5.4.2 Product Portfolio
14.5.4.3 Demographic Reach and Achievements
14.5.4.4 Certifications
14.5.5 Others
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