Identifying Untapped Vegan Chocolate Market Segments: Capitalizing on the Biggest Opportunity of 2024| Lulu's Chocolate, Barry Callebaut, Chocolove

The latest study released on the global 'Vegan Chocolate' market by AMA Research evaluates market size, trend, and forecast to 2030. The 'Vegan Chocolate' market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.

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Some of the key players profiled in the study are:
Alter Eco (United States), Chocoladefabriken Lindt & Sprngli AG (Switzerland), Mondelez International (Cadbury) (United Kingdom), Lulu's Chocolate (United States), Barry Callebaut (Switzerland), Chocolove (United States), Chocolate Inspirations (United States), Theo Chocolate (United States), Purdys Chocolatier (Canada), Ecofina GMBH (iChoc) (Germany)
Vegan chocolate consists of ingredients like cacao, cocoa butter, sugar, vanilla, and other things in which no animal obtained products are used. The cacao content of 50% or more than that is used in vegan chocolate and indicates higher chocolate content. It can be made by adding nuts and dry fruits to enhance its flavors and texture. The chocolates are available in a form of plates or bars in supermarkets, online stores, convenience stores, etc. and it is used in bakery products, confectionery event in cosmetics products.

On 13th August 2020, Leading Swiss chocolatier Lindt & Sprüngli, commonly referred to as just Lindt, is launching its first-ever range of vegan chocolate bars. The plant milk-based chocolates will debut in Germany in November this year and the range will be available in a cookie, hazelnut, and salted caramel flavors respectively.
On 27th May 2020, The Barry Callebaut Group, a manufacturer of chocolate and cocoa products, has signed an agreement to acquire GKC Foods (Australia), a producer of chocolate, coatings, and fillings, serving many consumer chocolate brands in Australia and New Zealand. This strategic acquisition establishes Barry Callebauts direct presence and manufacturing capacity in the growing Australian market.

Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Impact and Economic Slowdown globally. Maintain a competitive edge by sizing up with available business opportunity in Vegan Chocolate Market various segments and emerging territory.

Influencing Market Trend
• Increasing Consumption of Vegan Chocolate Among Vegan Population
• Use of Vegan Chocolate in the Bakery Products
Market Drivers
• Growing Demand for the Health Food Products and Chocolate
• Increasing Application of the Chocolates in the Various Confectionery and other Products
Opportunities:
• Surging Demand for the Vegan Chocolates Among Developing Nations who are Becoming More Health Conscious
Challenges:
• New Entrants in the Vegan Chocolate Market with Low-Quality Fake Products

Analysis by Type (Plate, Bar), Application (Direct Consumption, Cake, Icecreams, Cosmetic Products, Others), Nature (Organic, Conventional), Distribution Channel (Supermarket, Convenience Store, Online Store, Others), Ingredients (Cocoa, Cocoa Butter, Sugar, Others)

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The regional analysis of Global Vegan Chocolate Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2024-2030.

On 24th February 2020, Cadbury is planning to release a new version of its iconic Cadbury Dairy Milk chocolate bar that will be vegan. The company has not confirmed a launch date for the plant-based chocolate, but it has been testing the concept for a while. Cadbury, which is owned by Mondelez International, wants to meet the rising demand for dairy-free candy and snacks.

Table of Content
Chapter One: Industry Overview
Chapter Two: Major Segmentation (Classification, Application and etc.) Analysis
Chapter Three: Production Market Analysis
Chapter Four: Sales Market Analysis
Chapter Five: Consumption Market Analysis
Chapter Six: Production, Sales and Consumption Market Comparison Analysis
Chapter Seven: Major Manufacturers Production and Sales Market Comparison Analysis
Chapter Eight: Competition Analysis by Players
Chapter Nine: Marketing Channel Analysis
Chapter Ten: New Project Investment Feasibility Analysis
Chapter Eleven: Manufacturing Cost Analysis
Chapter Twelve: Industrial Chain, Sourcing Strategy and Downstream Buyers

Read Executive Summary and Detailed Index of full Research Study @ https://www.advancemarketanalytics.com/reports/115943-global-vegan-chocolate-market?utm_source=OpenPR/utm_medium=Rahul

Highlights of the Report
• The future prospects of the global Vegan Chocolate market during the forecast period 2024-2030 are given in the report.
• The major developmental strategies integrated by the leading players to sustain a competitive market position in the market are included in the report.
• The emerging technologies that are driving the growth of the market are highlighted in the report.
• The market value of the segments that are leading the market and the sub-segments are mentioned in the report.
• The report studies the leading manufacturers and other players entering the global Vegan Chocolate market.

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This release was published on openPR.