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In 2020, global cocoa bean production reached 5.8 million tonnes, with Ivory Coast leading at 38% of the total, followed by Ghana and Indonesia. Cocoa beans, cocoa butter, and cocoa powder are traded on futures markets, with London focusing on West African cocoa and New York on Southeast Asian cocoa.
Cocoa pods on a tree in Ivory Coast. Ivory Coast (Côte d'Ivoire) leads the world in production and export of the cocoa beans used in the manufacture of chocolate, [1] as of 2024 producing 45% of the world’s cocoa.
Cocoa beans and cocoa harvest processing. Ghana's cocoa production grew an average of 16 per cent between 2000 and 2003. [18] Cocoa has a long production cycle, far longer than many other tropical crops, and new hybrid varieties need over five years to come into production, and a further 10 to 15 years for the tree to reach its full bearing potential.
India's production of cocoa beans has risen significantly. This year it hit 110,000 tonnes, up 40% from 2015. But it's still not enough to meet demand from local chocolate and confectionary makers.
Compared to traditional cocoa bean production, growing it in a lab allows for greater control over the final product, according to Beressi Golomb. “We’re combining biotech, agritech and AI to ...
In 2010, cocoa production accounted for only 0.3% of agricultural GDP. [1] Average cocoa beans production in Nigeria between 2000 and 2010 was 389,272 tonnes per year [ 1 ] rising from 170,000 tonnes produced in 1999.
Most bulk cocoa is produced in West Africa. [6] Ghana produces the highest quality bulk beans, [2] as Cadbury has maintained its reputation based off using beans from Ghana and as Ghana has retained a high degree of structural control over its cocoa industry. Cocoa in Ghana is cultivated for a consistent flavor, which is understood in European ...
Theobroma cacao (cacao tree or cocoa tree) is a small (6–12 m (20–39 ft) tall) evergreen tree in the family Malvaceae. [1] [3] Its seeds - cocoa beans - are used to make chocolate liquor, cocoa solids, cocoa butter and chocolate. [4] Although the tree is native to the tropics of the Americas, the largest producer of cocoa beans in 2022 was ...