Chocolate Market Dynamics – Driver, Segment & Competition FY2030

Overview of the Global Chocolate Market: Key Statistics and Trends:

According to the latest report by MarkNtel Advisors, titled “Global Chocolate Market By Chocolate Type (Milk Chocolate, White Chocolate, Dark Chocolate), By Packaging Type (Molded Bars, Chips & Bites, Box Assortments, Chocolate Truffles), By Application (Food & Beverages Industries [Bakery, HoReCa], Retail Consumption), By Category (Synthetic Chocolates, Organic Chocolates), By Sales Channel Offline, [Supermarkets & Hypermarkets Convenience Stores, Brand Owned Outlets], Online) and Others, The Global 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 provides a thorough analysis of the market, covering competitor dynamics, regional insights, and a detailed breakdown of industry segments.

Global Chocolate Market Growth and Scope:

Base Year: 2024

Forecast Period: 2025-30

Historical Data: 2020-23

CAGR (2025-2030): 4.17%

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Global Chocolate Market Trend:

Growing Trend for Single-origin & Certified Chocolates – The market for fine-flavored cocoa is witnessing significant growth in regions such as Europe and North America. Gourmet chocolates rely on ultra and high-end beans, while regular and lower-grade fine beans cater to premium chocolates in countries like the UK, Brazil, the US, China, India, the Netherlands, Germany, and Switzerland. This surge is fueled by health consciousness and the pursuit of more exclusive products. The trending premium cocoa market, characterized by sustainability certifications and single-origin offerings, is driving the overall growth of the Chocolate Market.

Further, to meet the rising demand, manufacturers are rolling out their ranges of single-origin & premium chocolates. These strategic moves are enabling brands to supplement profit margins and expand their industry presence with a more favorable brand image, consequently fostering market growth.

A Comprehensive Analysis of Leading Companies of Chocolate Market by MarkNtel Advisors:

• The Hershey Company

• Ferrero Group

• Mondelez International

• Barry Callebaut

• Cargill, Incorporated.

• Nestle

• Mars, Incorporated & its Affiliates

• Gujarat Coorperative Milk Marketing Federation (GCMMF)

• Cocoa Processing Company Limited

• Ghirardelli Chocolate Company

• Puratos

• Guittard Chocolate Company

• Valrhona

• Arcor Group

• Others (Orion, Moonstruck Chocolate Co., etc.)

Key Chocolate Market Segmentation:

Explore Our Comprehensive Study: https://www.marknteladvisors.com/research-library/chocolate-market.html

-By Chocolate Type

• Milk Chocolate

• Dark Chocolate

• White Chocolate

The Dark Chocolate category secured the leading market share in 2022 and is anticipated to maintain its dominance in the coming forecast years.

-By Application

• Food & Beverages Industries

• Retail Consumption

The Food & Beverage sector is experiencing robust growth, capturing the largest share & presenting ample opportunities for expansion within the Chocolate Market.

-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 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

• Online - Market Size & Forecast 2019-2030, USD Million & Kilo Tons

Geographical Analysis

-By Region

• North America

• South America

• Europe

• The Middle East & Africa

• Asia-Pacific

Europe is predicted to dominate the Global Chocolate Market in the upcoming years. The region is a pivotal center for industrial chocolate production, home to major global producers, mainly in Belgium, the Netherlands, Germany, and Switzerland.

Key Reports Highlights:

• Market Dimensions & Projections

• Pricing Evaluation,

• Recent Strategic Moves by Companies,

• Primary Stakeholders,

• Analysis of Import and Export Trends,

• Competitive Landscape Assessment,

• Emerging Opportunities,

• Market Trends and Indicators

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Key Advantages of the Report by MarkNtel Advisors:

• Accurate Revenue Projections: The report provides precise revenue estimates for the market and its key sub segments, benefiting both market leaders and new entrants.

• Strategic Insights for Stakeholders: By understanding the competitive landscape, stakeholders can strategically position their businesses and develop effective go-to-market strategies.

• Comprehensive Market Dynamics Analysis: The report offers valuable insights into the key drivers, restraints, challenges, and opportunities within the market, helping stakeholders make well-informed decisions.

Note: If you need additional information not included in the report, we can customize it to suit your requirements.

About Us –

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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