Gluten-free Chocolate Market Growth & Trends
The global gluten-free chocolate market size is projected to reach USD 2.88 billion in 2030 and is projected to grow at a CAGR of 8.3% from 2024 to 2030. Increasing prevalence of celiac disease is the key factor driving the product demand. Moreover, gluten-free chocolates are a healthier option than the usual chocolates, which is also driving their demand. Rising concerns regarding a large number of undiagnosed cases of individuals with gluten allergy or gluten intolerance may have a negative impact on the market growth over the coming years.The dark chocolate product segment holds the largest share in the market owing to its growing popularity. Rising awareness regarding the health benefits of dark chocolate, such as lowered levels of stress and risks of neurodegenerative disorders like Alzheimer’s disease, will boost the demand further. Other benefits include improved blood circulation, memory, and ability to focus and lowered anxiety levels.
North America grow significantly over the forecast period. will expand further due to high number of cases of celiac disease in U.S. The manufacturers in North America focus on providing high-quality products by using latest production techniques, which is also driving the region’s growth.
Gluten-free Chocolate Market Report Highlights
- Dark chocolate segment dominated the market and accounted for a share of 38.8% in 2023 and is expected to grow at the fastest CAGR of 8.7% over the forecast period
- North American gluten-free chocolate market is anticipated to grow significantly over the forecast period
- These manufacturers focus more on product development, capacity expansion, and M&A to gain a higher market share
Why should you buy this report?
- Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
- Competitive Landscape: Explore the market presence of key players worldwide.
- Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
- Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.
This report addresses:
- Market intelligence to enable effective decision-making
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
- Product innovation listing for you to stay ahead of the curve
- COVID-19's impact and how to sustain in these fast-evolving markets
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Table of Contents
Companies Mentioned
- THE HERSHEY COMPANY
- Endangered Species Chocolate
- Chocoladefabriken Lindt & Sprüngli AG
- Ferrero
- Taza Chocolate
- Stivii Corp.
- Nature's Path Foods
- Mondelēz International
- Dr. Schär AG/Spa
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 100 |
Published | August 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 1.66 Billion |
Forecasted Market Value ( USD | $ 2.88 Billion |
Compound Annual Growth Rate | 8.3% |
Regions Covered | Global |
No. of Companies Mentioned | 9 |