Chocolate Market Drivers, Ongoing Trends, Challenges, Top Companies Forecast 2024-2030

The Global Chocolate Market size is valued at USD 421 billion 2023 and is estimated to grow at a CAGR of around 4.7% during the forecast period, i.e., 2024-30.

Global Chocolate Market Driver

High Inclination Towards Specialty Chocolates to Thrive the Market Growth –

In recent years, a notable surge in demand for premium and specialty chocolates, particularly in well-developed markets like the US, France, Belgium, and Germany, has been observed, significantly contributing to the Chocolate Market's growth. One primary driver behind this surge is the increasing consumer preference for transparency in ingredient sourcing for chocolates. This preference stems from various factors, including allergies to specific components like lactose and a rising interest in vegan-friendly options. Additionally, there's a rising demand for chocolates made from specialty cocoa beans, fostering the growth of specialty chocolates.

Request Free Sample Report: https://www.marknteladvisors.com/query/request-sample/chocolate-market.html

What Does Our Research Report Consist of?

MarkNtel Advisors aims to provide stakeholders with accurately curated research report. Whether global, regional, or national, we focus on expanding geographies and areas of expertise to provide a clear picture of the market. Our recently published report on the "Chocolate" is a comprehensive study of the industry, providing unbiased information and statistics. Every significant industry-related topic is covered in the study. By providing accurate data and statistics, it offers a comprehensive image and prognosis of the industry. The market analysis tracks all recent breakthroughs developments made by current manufacturers or developers, focuses on potential end-users, and highlights any obstacles that might hinder the market's growth.

Read Full Report: https://www.marknteladvisors.com/research-library/chocolate-market.html

Period Statistics:

Historical Period: 2019-22

Forecast Years: 2024-30

Understanding the Competitive Landscape:

As the market is characterized by the presence of numerous competitors that provide creative profitable solutions supporting the sector's development, we thoroughly assess all top and emerging competitors by considering market share, gain, sales, product/service portfolio, and other important elements.

• Ghirardelli Chocolate Co
• Ferrero Group
• Mars Inc
• Hershey Foods Corp
• Moonstruck Chocolatier Co
• Barry Callebaut
• Nestle SA
• Amul
• Cadbury
• Others

Let’s Travel to the Diverse Market Regions

Our qualified researchers analysts use all their skills to provide a detailed picture of every region/nation, such as:

By Region

-North America

-South America

-Europe

-The Middle East Africa

-Asia-Pacific

Customization Available - https://www.marknteladvisors.com/query/request-customization/chocolate-market.html

What are the Significant Chocolate Market Segmentations?

We provide a fully-fledged assessment of each segment and its sub-segments to help our clients understand the Chocolate Market. To assist our valued clients, we focus on discovering the primary drivers that are and would shape the industry's expansion. Delve into to know about the fragmentations:

By Chocolate Type

-Milk Chocolate- Market Size Forecast 2019-2030F, USD Million

-White Chocolate- Market Size Forecast 2019-2030F, USD Million

-Dark Chocolate- Market Size Forecast 2019-2030F, USD Million

By Packaging Type

-Molded Bars- Market Size Forecast 2019-2030F, USD Million

-Chips Bites- Market Size Forecast 2019-2030F, USD Million

-Box Assortments- Market Size Forecast 2019-2030F, USD Million

-Chocolate Truffles- Market Size Forecast 2019-2030F, USD Million

By Application

-Food Beverages Industries- Market Size Forecast 2019-2030F, USD Million

-Bakery- Market Size Forecast 2019-2030F, USD Million

-HoReCa- Market Size Forecast 2019-2030F, USD Million

-Retail Consumption

By Category

-Synthetic Chocolates- Market Size Forecast 2019-2030F, USD Million

-Organic Chocolates- Market Size Forecast 2019-2030F, USD Million

By Sales Channel

-Offline- Market Size Forecast 2019-2030F, USD Million

-Supermarkets Hypermarkets- Market Size Forecast 2019-2030F, USD Million

-Convenience Stores- Market Size Forecast 2019-2030F, USD Million

-Brand Owned Outlets- Market Size Forecast 2019-2030F, USD Million

-Online - Market Size Forecast 2019-2030F, USD Million

Key Questions Addressed in the Chocolate Market Research Report:

• What is the estimated size, share, and CAGR of the Chocolate Market during the forecast period?
• What key trends are projected to impact the Chocolate Market from 2024 to 30?
• Which segments and sub-segments are considered in the Chocolate Market research study?
• Who are the key stakeholders and players in the Chocolate Market ?
• What is the anticipated demand for different types of products/services in the Chocolate Market through 2024-30?

About us –

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

Our specialization in niche industries emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing forecasting, trend analysis, among others, for 15 diverse industrial verticals.

Contact Us –

Call: ? +1 628 895 8081 +91 120 4278433

Email: ? [email protected]

Visit to know more: ? https://www.marknteladvisors.com/