In 2023, the UK imported 15.500 million kilograms of cocoa powder not containing added sugar or other sweetening matter. The forecast indicates a slight but consistent annual growth in imports: 0.93% in 2024, 0.93% in 2025, 0.91% in 2026, 0.89% in 2027, and 0.86% in 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is approximately 0.90%.
Future trends to watch for include:
- Potential shifts in health-conscious consumer preferences impacting demand for sugar-free cocoa products.
- Global cocoa supply chain dynamics, including fluctuations in cocoa bean production and trade policies.
- Technological advancements in cocoa powder processing that may influence market dynamics.