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The chocolate market is forecasted to grow by USD 51.2 billion during 2023-2028, accelerating at a CAGR of 5.28% during the forecast period. The report on the chocolate market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing premiumization of chocolates, introduction of new chocolates, and growing awareness of environmental sustainability and ethical sourcing.
The chocolate market is segmented as below:
By Product
- Milk chocolate
- Dark chocolate
- White chocolate
By Distribution Channel
- Offline
- Online
By Geographical Landscape
- Europe
- North America
- APAC
- South America
- Middle East and Africa
The report on the chocolate market covers the following areas:
- Chocolate market sizing
- Chocolate market forecast
- Chocolate market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global chocolate market: Arcor Group, AUGUST STORCK KG, Barry Callebaut AG, Chocoladefabriken Lindt and Sprungli AG, Crown Confectionery Co. Ltd, Delfi Ltd., Ezaki Glico Co. Ltd., Ferrero International S.A., Ghirardelli Chocolate Co., Gujarat Cooperative Milk Marketing Federation Ltd., Lotte Corp., Mars Inc., Meiji Holdings Co. Ltd., Mondelez International Inc., Moonstruck Chocolate Co., Nestle SA, Orion Corp., The Australian Carob Co., The Hershey Co., Unreal Brands Inc., and Yildiz Holding AS.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is rising innovation in chocolate packaging."
According to the report, one of the major drivers for this market is the increasing premiumization of chocolates.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Arcor Group
- AUGUST STORCK KG
- Barry Callebaut AG
- Chocoladefabriken Lindt and Sprungli AG
- Crown Confectionery Co. Ltd
- Delfi Ltd.
- Ezaki Glico Co. Ltd.
- Ferrero International S.A.
- Ghirardelli Chocolate Co.
- Gujarat Cooperative Milk Marketing Federation Ltd.
- Lotte Corp.
- Mars Inc.
- Meiji Holdings Co. Ltd.
- Mondelez International Inc.
- Moonstruck Chocolate Co.
- Nestle SA
- Orion Corp.
- The Australian Carob Co.
- The Hershey Co.
- Unreal Brands Inc.
- Yildiz Holding AS