Dark Chocolate Market size is expected to reach US$ 104.45 Billion by 2030 Chocolates are trendy foods in the world and are an essential confectionery item. Chocolates are the favorite of children. It has been traded internationally for decades, mainly from the underdeveloped to the developed world. Chocolates have significant levels of complexity and flavor. It is made from the fruit of the cocoa tree and has uses, such as being used as an ingredient in beverages and various kinds of confectionery. The demand for chocolates, specifically dark chocolate, is high because of its health benefits.
Dark chocolate is a chocolate without milk included and has a denser chocolate taste than milk chocolate. The essential ingredients in dark chocolates are cacao beans, sugar, an emulsifier, soy lecithin to safeguard texture, and flavorings, for example, vanilla. Various kinds of dark chocolates contrast the level of cocoa solids in the bar. Dark chocolate has a rich and extreme flavor and is a rich source of flavonoids, which add to its color. The higher the concentration of flavonoids, the darker the chocolate.
For years, dark chocolate has been identified for its numerous health benefits. Its bioactive additives, together with polyphenols, flavonoids, procyanidins, and nutrients and minerals, enhance the immune system and promote overall health. Dark chocolate assistances protect towards diverse diseases along with cardiovascular diseases, cancers, Alzheimer's, and Parkinson's. It is a purposeful food with antidiabetic, anti-inflammatory, and anti-microbial properties. It additionally facilitates manage weight and improves lipid profile. However, all through the processing of dark chocolate, some nutrients get lost. Fortification is a manner to enhance the general nutrient content material of darkish chocolate.
This latest report “Global Dark Chocolate Market by Product Type (70% Cocoa Dark Chocolate, 75% Cocoa Dark Chocolate, 80% Cocoa Dark Chocolate, and 90% Cocoa Dark Chocolate), Application (Confectionery, Functional Food & Beverage, Pharmaceuticals, and Cosmetics), Distribution Channel (Convenience Stores, Supermarkets and Hypermarkets, Non-Grocery retailers, and Others), Region (North America (United States and Canada), Europe (France, Germany, Italy, Spain, United Kingdom, Belgium, Netherlands, Turkey), Asia Pacific (China, Japan, India, Australia, South Korea, Thailand, Malaysia, Indonesia, New Zealand), Latin America (Brazil, Mexico, Argentina), Middle East & Africa (South Africa, Saudi Arabia, UAE), Company Analysis (Nestlé S.A., The Hershey Company, Mondelez International, Inc., AMUL Industries Pvt Ltd, Meiji Holdings Co. Ltd, Saputo Inc, Chocoladefabriken Lindt, and Sprungli AG, and Hotel Chocolat Group plc)” provides complete details on Global Dark Chocolate Industry.
2. 75% Cocoa Dark Chocolate
3. 80% Cocoa Dark Chocolate
4. 90% Cocoa Dark Chocolate
2. Functional Food & Beverage
3. Pharmaceuticals
4. Cosmetics
2. Supermarkets and Hypermarkets
3. Non-Grocery retailers
4. Others
1.1 United States
1.2 Canada
2. Europe
2.1 France
2.2 Germany
2.3 Italy
2.4 Spain
2.5 United Kingdom
2.6 Belgium
2.7 Netherland
2.8 Turkey
3. Asia Pacific
3.1 China
3.2 Japan
3.3 India
3.4 South Korea
3.5 Thailand
3.6 Malaysia
3.7 Indonesia
3.8 Australia
3.9 New Zealand
4. Latin America
4.1 Brazil
4.2 Mexico
4.3 Argentina
5. Middle East & Africa
5.1 Saudi Arabia
5.2 UAE
5.3 South Africa
2 The Hershey Company
3 Mondelez International, Inc.
4 AMUL Industries Pvt Ltd
5 Meiji Holdings Co. ltd
6 Saputo Inc
7 Chocoladefabriken Lindt and Sprungli AG
8 Hotel Chocolat Group plc
Dark chocolate is a chocolate without milk included and has a denser chocolate taste than milk chocolate. The essential ingredients in dark chocolates are cacao beans, sugar, an emulsifier, soy lecithin to safeguard texture, and flavorings, for example, vanilla. Various kinds of dark chocolates contrast the level of cocoa solids in the bar. Dark chocolate has a rich and extreme flavor and is a rich source of flavonoids, which add to its color. The higher the concentration of flavonoids, the darker the chocolate.
For years, dark chocolate has been identified for its numerous health benefits. Its bioactive additives, together with polyphenols, flavonoids, procyanidins, and nutrients and minerals, enhance the immune system and promote overall health. Dark chocolate assistances protect towards diverse diseases along with cardiovascular diseases, cancers, Alzheimer's, and Parkinson's. It is a purposeful food with antidiabetic, anti-inflammatory, and anti-microbial properties. It additionally facilitates manage weight and improves lipid profile. However, all through the processing of dark chocolate, some nutrients get lost. Fortification is a manner to enhance the general nutrient content material of darkish chocolate.
Dark Chocolate Market is expected to grow at a CAGR of 7.81% from 2024 to 2030
Several ingredients were used for fortification, which include fruits (mulberry, chokeberries, and elderberries), spices (cinnamon), phytosterols, peanut oil, probiotics (in particular Lactobacillus, bacillus spices), prebiotics (inulin, xanthan gum, and maltodextrin), flavonoids, and flavan-3-ols. These fortifications increased the overall antioxidant and vital fatty acid content at the same time as lowering the entire calorie content. Sometimes, fortification changed into done to improve physical properties like viscosity and rheological and overall consumer acceptance by enhancing its bitter flavor. Dark Chocolate Market turned into worth US$ 61.70 Billion in 2023.Market for darkish chocolate has acquired a boost because of the growing interest in health and comfort
The surge in health and wellbeing cognizance and interest has substantially improved the dark chocolate marketplace. With a higher cocoa solids percent as compared to take advantage of chocolate, darkish chocolate is identified for diverse health advantages, including better heart fitness, infection reduction, and antioxidant provision. Consequently, consumers are more and more turning to dark chocolate as a more fit alternative inside the chocolate spectrum. This shift in choices has pushed a heightened demand for darkish chocolate products, prompting manufacturers to introduce new and modern sorts to fulfill the evolving needs of this increasing market.Customers are buying pricier chocolates, attracting multinational companies to the global market
Multinational manufactures are increasingly more coming into the worldwide dark chocolate market due to the growing consumer choice for premium sweets. Customers were growing their preference for more high-priced candies, indicating a surge in demand for highend confectioneries. This shift in buyer behavior has triggered companies to pay attention on the top class dark chocolate sector as greater discerning consumers are seeking out unique flavor profiles and multiplied flavor studies. By catering to evolving tastes, organizations goal to capture a bigger marketplace proportion and take benefit of lucrative worldwide dark chocolate market opportunities.Rising sugar and cocoa price push companies to are searching for opportunity components and packaging alternatives to decrease expenses and offer more inexpensive products
Due to increased sugar and cocoa prices, businesses must keep in mind alternative ingredients and packaging solutions. This strategic shift has led to exploring substitutes for conventional ingredients and adopting sustainable and value-effective packaging to mitigate cost and offer low-cost products to customers. The purpose is to diversify inputs and optimize packaging strategies even as navigating the challenges of risky commodity prices to preserve buyer affordability. By showcasing adaptability, organizations reveal their dedication to handing over cost to customers in changing economics landscapes.Organic and sustainable products market is anticipated to grow due to multiplied demand
Recently, heightened awareness of meals choices' environmental and ethical implications has led consumers to scrutinize their consumption styles. Dark chocolate, derived from ethically sourced, organic cocoa beans cultivated thru sustainable practices, is gaining recognition. A growing customer desire for clean-label products without synthetic components and preservatives drives this shift. The demand for awesome dark chocolate is surging as people are trying to find indulgence aligned with their values. This trend signifies a broader motion toward ethically sourced and environmentally conscious meals alternatives, reflecting a conscientious consumer base prioritizing taste and the responsible sourcing of substances in their buying choices.Key Player
Nestlé S.A., The Hershey Company, Mondelez International, Inc., AMUL Industries Pvt Ltd, Meiji Holdings Co. Ltd, Saputo Inc, Chocoladefabriken Lindt, and Sprungli AG, and Hotel Chocolat Group plc are the prominent companies in the Dark Chocolate Market.This latest report “Global Dark Chocolate Market by Product Type (70% Cocoa Dark Chocolate, 75% Cocoa Dark Chocolate, 80% Cocoa Dark Chocolate, and 90% Cocoa Dark Chocolate), Application (Confectionery, Functional Food & Beverage, Pharmaceuticals, and Cosmetics), Distribution Channel (Convenience Stores, Supermarkets and Hypermarkets, Non-Grocery retailers, and Others), Region (North America (United States and Canada), Europe (France, Germany, Italy, Spain, United Kingdom, Belgium, Netherlands, Turkey), Asia Pacific (China, Japan, India, Australia, South Korea, Thailand, Malaysia, Indonesia, New Zealand), Latin America (Brazil, Mexico, Argentina), Middle East & Africa (South Africa, Saudi Arabia, UAE), Company Analysis (Nestlé S.A., The Hershey Company, Mondelez International, Inc., AMUL Industries Pvt Ltd, Meiji Holdings Co. Ltd, Saputo Inc, Chocoladefabriken Lindt, and Sprungli AG, and Hotel Chocolat Group plc)” provides complete details on Global Dark Chocolate Industry.
Type - Market breakup from 4 viewpoints
1. 70% Cocoa Dark Chocolate2. 75% Cocoa Dark Chocolate
3. 80% Cocoa Dark Chocolate
4. 90% Cocoa Dark Chocolate
Application - Market breakup from 4 viewpoints
1. Confectionery2. Functional Food & Beverage
3. Pharmaceuticals
4. Cosmetics
Distribution Channel - Market breakup from 4 viewpoints
1. Convenience Stores2. Supermarkets and Hypermarkets
3. Non-Grocery retailers
4. Others
Country - Market breakup from 25 viewpoints
1. North America1.1 United States
1.2 Canada
2. Europe
2.1 France
2.2 Germany
2.3 Italy
2.4 Spain
2.5 United Kingdom
2.6 Belgium
2.7 Netherland
2.8 Turkey
3. Asia Pacific
3.1 China
3.2 Japan
3.3 India
3.4 South Korea
3.5 Thailand
3.6 Malaysia
3.7 Indonesia
3.8 Australia
3.9 New Zealand
4. Latin America
4.1 Brazil
4.2 Mexico
4.3 Argentina
5. Middle East & Africa
5.1 Saudi Arabia
5.2 UAE
5.3 South Africa
All Key players have been covered from 3 viewpoints
- Overview
- Recent Development
- Revenue
Company Analysis
1 Nestlé S.A.2 The Hershey Company
3 Mondelez International, Inc.
4 AMUL Industries Pvt Ltd
5 Meiji Holdings Co. ltd
6 Saputo Inc
7 Chocoladefabriken Lindt and Sprungli AG
8 Hotel Chocolat Group plc
Table of Contents
1. Introduction2. Research & Methodology3. Executive Summary5. Global Dark Chocolate Market
4. Market Dynamics
6. Market Share - Global Dark ChocolateAnalysis
7. Type - Global Dark Chocolate Market
8. Application - Global Dark Chocolate Market
9. Distribution Channel - Global Dark Chocolate Market
10. Countries - Global Dark Chocolate Market
11. Porter’s Five Forces Analysis - Global Dark Chocolate Market
12. SWOT Analysis - Global Dark Chocolate Market
13. Key Players
List of Figures:
List of Tables:
Companies Mentioned
- Nestlé S.A.
- The Hershey Company
- Mondelez International, Inc.
- AMUL Industries Pvt Ltd
- Meiji Holdings Co. ltd
- Saputo Inc
- Chocoladefabriken Lindt and Sprungli AG
- Hotel Chocolat Group plc
Methodology
In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.
Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.
Primary Research
The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develop the analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth, and forecast
The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:
- Chief executives and VPs of leading corporations specific to the industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
- Key opinion leaders (KOLs)
Secondary Research
The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, webcasts, and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
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