Press release
Chocolate Market to Reach USD 205.55 Bn by 2030, emerging at a CAGR of 5.1 percent and forecast 2023-2030
Chocolate Market
Our research methodology employs a combination of primary and secondary research, industry expertise, and data analysis techniques to provide accurate and insightful findings.
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What are Chocolate Market Dynamics:
The popularity of dark chocolate is expected to rise over the coming years thanks to the fact that it helps in preventing cardiac diseases, in addition to another usage like chocolate cake and chocolate milk is gaining opportunities in the global market for chocolate.
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Chocolate Market Regional Insights:
Europe:
Dominates the global chocolate market with a market share of 45% in 2023.
Growing demand for sugar-free and fat-free chocolates due to increased health consciousness.
Premium chocolates made from responsibly harvested cocoa gaining traction.
North America:
Held the second-largest market share in 2023.
Increased demand for chocolate confectionery driving market growth.
Major supplier of cocoa to fulfill confectionery requirements.
Asia Pacific:
Expected to grow at a higher CAGR of 6.9% during the forecast period.
Increasing disposable income and adoption of western lifestyles driving market expansion.
Significant growth potential in developing economies.
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What is Chocolate Market Segmentation:
by Product
Milk Chocolate
Dark Chocolate
White Chocolate
by Sales Category
Everyday Chocolate
Premium Chocolate
Seasonal Chocolate
by Distribution Channel
Online Channel
Departmental Store
Supermarket
Hypermarket
Others
Who are Chocolate Market Key Players:
1. Kraft Foods
2. Nestle
3. Moonstruck Chocolatier Co.
4. Mars Inc.
5. Ghirardelli Chocolate Co.
6. Ferrero Group
7. Hershey Foods Corp.
8. Cadbury
9. Meiji Co Ltd
10.Arcor
11.Ezaki Glico Co Ltd
12.August Storck KG.
13.Barry Callebaut
14.Amul
15.Lindt & Sprรผngli Ag.
16.Chocoladefabriken Lindt & Sprungli
17.Cargill
18.Olam International
19.Fuji Oil Company Ltd.
20.ECOM Agroindustrial Corporation Ltd.
21.Cocoa Processing Co. Ltd.
22.Touton S. A.
23.BD Associates Ghana Ltd.
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Table of content for the Chocolate Market includes:
Global Chocolate Market: Research Methodology
Global Chocolate Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3.Global Chocolate Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
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Global Dark Chocolate Market Analysis
According to Verified Market Research, The Global Dark Chocolate Market was valued at USD 44.09 Billion in 2018 and is projected to reach USD 83.34 Billion by 2026, growing at a CAGR of 8.26% from 2019 to 2026.
What is Dark Chocolate?
Dark chocolate is chocolate without milk solids added and has a more prominent chocolate taste than milk chocolate and hence the dark chocolate is more proneโฆ
