Global Chocolate Market Size and Trends – Industry Analysis by Key Developments, Players, CAGR Growth Projection to 2025

According to report by BlueWeave Consulting, “Global Chocolate Market, by Type, by Category,  by Distribution Channel, by Region, Growth Potential, Competitive Market Share and Forecast, 2015-2025” The Global chocolate market is projected to grow with a significant growth rate during the forecast period 2019-2025.

Chocolate, one of the mouthwatering foods which are relished by kids, young and middle-aged people. Consumers are now slowly shifting from traditional sweetmeats to the well-wrapped chocolates. Owing to raising awareness about the health benefits of consuming chocolate on a daily basis, shifting consumer preference and rising disposable income drive the demand for chocolate. An Increase in demand for healthy chocolates with a specific nutritional profile, in order to maintain a healthy diet, consumers are showing more interest in sugar- free chocolates.

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Global Chocolate Market Competitive Landscape

Mondelez International, Nestlé SA, Ferrero SpA, Mars, Incorporated, Gujarat Cooperative Milk Marketing Federation Ltd., The Hershey Company, Meiji Co Ltd, Lindt & Sprüngli, Surya Food & Agro Ltd., ITC Limited, August Storck KG, Barry Callebaut, Ezaki Glico Co., Ltd., and Lotus Chocolate Company Limited are the leading player in chocolate market.

Milk Chocolate segment holds the largest market size of the entire chocolate market during the forecast period.

Milk chocolate is one of the most popular cocoa products made with a mixture of sugar, chocolate liquor and condensed milk or whole milk powder. As compared to the dark chocolate, milk chocolate melts easily and has a lighter color and a creamier texture. The chocolate helps in boosting memory, smoothening and hydrating the skin, reducing the risk of heart strokes and attacks, and improving the immune system.

On account of these benefits, backed by the rising purchasing power of the consumers, there has been an increase in the consumption of milk chocolate. The dark chocolate segment is projected to attain a significant market share during the forecast period. Dark chocolate has several health benefits, like improves blood flow, enhances brain function, lowers blood pressure, and reduces the risk of heart diseases which aid to fuel the global chocolate market during the forecast period.

North America accounts for the largest market size in the global chocolate market during the forecast period.

North America accounts for the lion market share of the entire chocolate market due to the escalation in product innovations, and high disposable income. Changing consumer preferences has increased sales of foreign and premium chocolates in occasions such as valentine day, birthday will propel the market. The arrival of chocolate manufacturing multinationals, modern retail trade, changing urban lifestyles fuelled the growth of the chocolate industry. The Asia Pacific emerged as one of the fastest growing region owing to the rising influence of Western culture and habits in countries in the region. With increasing purchasing power, consumers are readily paying for taste and quality products.

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In addition, the report provides analysis of the global chocolate market with respect to the following geographic segments and their high performing regions:

  • North America
  • Europe
  • Asia Pacific (APAC)
  • MEA

Table of Contents

Chapter: 1.    Research Framework

Chapter:  2.    Research Methodology

Chapter:  3.    Executive Summary

Chapter:  4.    Voice of Customer

Chapter:  5.    Industry Insights

Chapter:  6.    Global Chocolate Market Overview

Chapter:  7.    Global Chocolate Market, By Type

Chapter:  8.    Global Chocolate Market, By Category

Chapter:  9.    Global Chocolate Market, By Distribution Channel

Chapter:  10.  Global Chocolate Market, By Region

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