Manya Rathore
Research expert covering India
Cocoa and chocolate market in Latin America - statistics & facts
In 2023, the Americas was the region with the second largest production volume of cocoa beans in the world, accounting for over 20 percent of the total global production. For centuries, cocoa and chocolate have been very popular all over the world, but cocoa production is not without challenges and issues. The chocolate market, however, especially the Latin American and Caribbean chocolate confectionery market, is poised to continue growing in the foreseeable future.
