Chocolate Market Growth and Development Insight - Size, Share, Growth, and Industry Analysis

The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape.

In-Depth Market Overview of Global Chocolate Industry (2025-2030):

According to the latest report, the Chocolate Market size was valued at USD 130.72 Billion in 2024 and is projected to reach USD 172.89 Billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 4.17% during the forecast period, i.e., 2025-30. The report demonstrates the prominent factors propelling the exponential growth of the Chocolate Market .

Key Takeaways: Beneficial for Stakeholders and Clients

·        Historic Period: 2020-2023

·        Base year: 2024

·        Forecast Years: 2025-2030

·        CAGR (2025-2030):  4.17%

·        Market Value in 2024: USD 130.72 Billion

·        Market Value in 2030: USD 172.89 Billion

What are the major Driver the Chocolate Market industry?

High Inclination Towards Specialty Chocolates to Thrive the Market Growth – In recent years, a notable surge in demand for premium and specialty chocolates, particularly in well-developed markets like the US, France, Belgium, and Germany, has been observed, significantly contributing to the Chocolate Market's growth. One primary driver behind this surge is the increasing consumer preference for transparency in ingredient sourcing for chocolates. This preference stems from various factors, including allergies to specific components like lactose and a rising interest in vegan-friendly options. Additionally, there's a rising demand for chocolates made from specialty cocoa beans, fostering the growth of specialty chocolates.

Another emerging trend boosting demand is the preference for clean-label and organic products, driven by a growing emphasis on overall health and wellness. This trend has notably increased the demand for dark and sugar-free chocolates.

Download a sample PDF of this report to gain insights into the complete report structure

https://www.marknteladvisors.com/query/request-sample/chocolate-market.html

Chocolate Market Segmentation

The Chocolate Market analysis of MarkNtel Advisors explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:

  • By Chocolate Type
    • Milk Chocolate- Market Size & Forecast 2019-2030, USD Million & Kilo Tons
    • White Chocolate- Market Size & Forecast 2019-2030, USD Million & Kilo Tons
    • Dark Chocolate- Market Size & Forecast 2019-2030, USD Million & Kilo Tons
  • By Packaging Type
    • Flexible Packaging- Market Size & Forecast 2019-2030, USD Million & Kilo Tons
    • Rigid Packaging- Market Size & Forecast 2019-2030, USD Million & Kilo Tons
  • By Application
    • Food & Beverages Industries- Market Size & Forecast 2019-2030, USD Million & Kilo Tons
      • Bakery- Market Size & Forecast 2019-2030, USD Million & Kilo Tons
      • HoReCa- Market Size & Forecast 2019-2030, USD Million & Kilo Tons
    • Retail Consumption
  • By Category
    • Synthetic Chocolates- Market Size & Forecast 2019-2030, USD Million & Kilo Tons
    • Organic Chocolates- Market Size & Forecast 2019-2030, USD Million & Kilo Tons
  • By Sales Channel
    • Offline- Market Size & Forecast 2019-2030, USD Million & Kilo Tons
      • Supermarkets & Hypermarkets- Market Size & Forecast 2019-2030, USD Million & Kilo Tons
      • Convenience Stores- Market Size & Forecast 2019-2030, USD Million & Kilo Tons
      • Brand Owned Outlets- Market Size & Forecast 2019-2030, USD Million & Kilo Tons
    • Online - Market Size & Forecast 2019-2030, USD Million & Kilo Tons
  • By Region
    • North America
    • South America
    • Europe
    • The Middle East & Africa
    • Asia-Pacific

As per the regional aspect, the Chocolate Market is expected to be dominated by North America

by capturing the potential market share. 

 

Explore further details about this research report-

https://www.marknteladvisors.com/research-library/chocolate-market.html

Top Companies in the Global Chocolate  

Ghirardelli Chocolate Co, Ferrero Group, Mars Inc, Hershey Foods Corp, Moonstruck Chocolatier Co, Barry Callebaut, Nestle SA, Amul, Cadbury, and others

 Other Reports: 

South Sudan New Commercial Vehicle market

South Sudan Used Commercial Vehicle market

Southeast Asia Luxury Eyewear market


Recent Developments by the Leading Companies:

In January 2024, Ferrero Group, declared the launch of plant-based Nutella in Italy. The new vegan-certified chocolate spread aimed at lactose-intolerant consumers and flexitarians replaces milk powder with a plant-based ingredient while retaining palm oil in the recipe.

2022: Hershey's introduced a special chocolate bar honoring women and girls, named "Celebrate SHE." The bar's design featured the word 'SHE' at the heart of its milk chocolate composition.

2021: In collaboration with Lagardère, Ferrero introduced 'Ferrero Rocher Tablets' to the travel-retail channel.

Why Markntel Advisor Report?

Well-known business Prospects: Our accurate analysis market research report serves as a treasure map for discovering potential markets and novel product avenues. Additionally, it facilitates comparisons of products and services.

Thoughtful Customer Insights: A market report provides the marketing department with an in-depth understanding of customer requirements and desires. This information is bound to enhance products, adjust pricing, and refine advertising strategies.

Empowering Data-Backed Judgement: Our comprehensive Market research encompasses a wide spectrum of activities, including precise market sizing, detailed segment analysis, accurate demand forecasting, competitor identification, and meticulous pricing trend monitoring.

Need personalized insights? Click here to customize this report-

https://www.marknteladvisors.com/query/request-customization/chocolate-market.html

For Further Queries:

Contact Us

MarkNtel Advisors

+1 628 895 8081, +91 120 4278433

sales@marknteladvisors.com

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H-159, Sector 63, Noida, Uttar Pradesh - 201301, India

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