Indonesia Cocoa & Cocoa Products Market- Trend Analysis & Forecasts

Indonesia Cocoa & Cocoa Products Market Overview:
Indonesia ranks as the world’s third-largest cocoa producer, with production reaching ** thousand tonnes in 2024, accounting for about 8% of global cocoa output. The market was valued at US$ ** billion in 2023, encompassing raw cocoa beans, cocoa butter, cocoa powder, and chocolate products. Cocoa cultivation is concentrated mainly in Sulawesi and Papua provinces, with ** million smallholder farmers engaged in cocoa farming. The country is both a significant exporter of raw cocoa beans and an emerging processor of value-added cocoa products.

Primary Areas/ Elements of Research & Analysis
The report provides comprehensive and valuable insights into the supply and demand dynamics of the Indonesia cocoa & cocoa products market. Below are the variables considered and analyzed in the report:
• Supply-demand trends, market growth, and trade
• Market structure, conduct, and performance analysis
• Historical and forecasted market size (volume & value)
• Trade analysis (export & import), including key partners, quantities, values, and price trends
• Supply chain mapping, pricing, and regulatory framework
• Competitive landscape profiling of key players
• Factors influencing market performance, including sustainability trends

Market Growth Factors
The cocoa market in Indonesia is forecast to grow at a CAGR of **% through 2030, driven by increasing domestic consumption of chocolate and confectionery products, which rose by **% annually between 2020 and 2023. The government’s commitment to modernize cocoa farming by promoting improved planting materials and better agronomic practices aims to increase yields from the current average of 400 kg/ha to 600 kg/ha by 2030. Export demand from Asia-Pacific and Europe remains robust, especially for specialty and organic cocoa, contributing around 35% to total exports. Investments in cocoa processing facilities are expanding, increasing the share of processed products in total exports from **% in 2020 to **% in 2024.

Market Restraints & Challenges
The Indonesian cocoa sector faces challenges including aging cocoa trees, with over **% of plantations older than 20 years, causing declining productivity and quality issues. Pest and disease outbreaks, particularly cocoa pod borer infestations, lead to yield losses up to **% annually. Price volatility in global cocoa markets, with prices ranging from US$ ** to US$ ** per metric ton during 2022-24, affects farmer income stability. Additionally, infrastructure and logistics bottlenecks, especially in remote growing regions, increase post-harvest losses estimated at **%. Lack of access to credit and low adoption of mechanized processing limit sector modernization.

Market Segmentation
The market segments include raw cocoa beans (**%), processed cocoa products such as cocoa butter and powder (**%), and chocolate and confectionery products (**%). By end-use, about **% of cocoa products serve export markets, while **% cater to growing domestic consumption in food and beverage sectors. Regionally, Sulawesi accounts for nearly **% of cocoa production, with emerging contributions from Papua and Maluku Islands.

Competitive Landscape
The industry is fragmented with a large number of smallholder farmers supported by cooperatives and farmer groups. Key processing players include PT Comextra Cocoa and PT Indonesia Cocoa, focusing on value addition and export quality improvements. International companies like Barry Callebaut and Cargill operate processing facilities, contributing advanced technologies and quality standards. Public-private partnerships are increasing to enhance farmer training, certification, and sustainable production, with over 150,000 farmers participating in sustainability programs by 2024.

Outlook
Indonesia’s cocoa market is expected to expand at a steady pace, reaching production of over ** thousand tons and market valuation exceeding US$ **billion by 2030. Efforts to rejuvenate old plantations, improve pest control, and increase processing capacity will be pivotal. Rising global demand for sustainably produced cocoa and premium chocolate offers growth opportunities. The domestic chocolate market is also forecasted to grow at a CAGR of **% driven by rising incomes and urbanization. Overall, Indonesia is poised to strengthen its position as a key cocoa producer and processor in the Asia-Pacific region.

Scope of the Report:
• Historical Years: 2015-2022
• Base Year: 2023
• Forecast Period: 2024-2030
• Units: Value (US$ Million) and Volume (Thousand Tonnes)
• Report Coverage: Production, Consumption, Export, and Import
• Segments Covered:
By Product (Cocoa Beans and Cocoa Processed Products (Cocoa Paste, Cocoa Butter, Cocoa Butter, and Cocoa Powder))
By Sales (Domestic Consumption and Exports)
• Companies Profiled: The market players include, PT Cargill Indonesia, Barry Callebaut Group, PT Bumitangerang Mesindotama, PT Kakao Mas Gemilang, JB Cocoa Indonesia, Mars Indonesia, Nestlé Indonesia, Olam International, PT Davomas Abadi Tbk, PT Perkebunan Nusantara XII, PT Sinar Mas Agro Resources and Technology, PT Indo Cocoa, Ecom Agroindustrial Corp., and Others.

Please note: It will take 4-5 business days to deliver the report upon receipt the order.