Chocolate Market
Chocolate Market - Global Industry Assessment & Forecast
Segments Covered
- By Product Form Molded, Countlines, Others
- By Application Food Products, Bakery Products, Sugar Confectionery, Desserts, Others, Beverages, Others
- By Pricing Everyday Chocolate, Premium Chocolate, Seasonal Chocolate
- By Distribution Direct Sales (B2B), Supermarkets/Hypermarkets, Convenience Stores, Online Stores, Others
- By Region North America, Europe, Asia Pacific, Latin America, Middle East adn Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 136.76 Million |
Revenue 2030: | USD 193.01 Million |
Revenue CAGR (2023 - 2030): | 4.40% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | Europe |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Research Methodology: Chocolate Market by Product Form by Application by Pricing by Distribution by Region - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
Data Triangulation and Market Size Estimations
FAQ
Frequently Asked Question
What is the global demand for Chocolate in terms of revenue?
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The global Chocolate valued at USD 136.76 Million in 2022 and is expected to reach USD 193.01 Million in 2030 growing at a CAGR of 4.40%.
Which are the prominent players in the market?
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The prominent players in the market are Arcor, Barry Callebaut, Chocoladefabriken Lindt & Sprüngli AG, Chocolaterie Guylian, Ferrero International, Mars Incorporated, Meiji Co. Ltd., Mondelez International Inc. (Kraft Foods), Moonstruck Chocolate Company, Nestlé S.A., The Hershey Company.
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 4.40% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
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The driving factors of the Chocolate include
- Heightened Consumption of Dark Chocolates to Bolster the Global Chocolate Industry
Which region accounted for the largest share in the market?
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Europe was the leading regional segment of the Chocolate in 2022.