The health benefits of cocoa include relief from high blood pressure, cholesterol, obesity, constipation, diabetes, bronchial asthma, cancer, chronic fatigue syndrome and various neurodegenerative diseases. Cocoa is rich in minerals such as iron, magnesium, calcium, phosphorous, copper and manganese. It is also a good source of selenium, potassium and zinc while providing the body with carbohydrates, protein and dietary fiber.