Chocolate is one of the most consumed food products across the globe, mostly by the youngsters. It is mainly made from cocoa seeds, cocoa liquor, cocoa butter, milk, and sugar and are often served with different varieties of flavours. Moreover, to survive with the competition in the market, the chocolate vendors have started introducing new flavours in chocolates like ginger, lavender, hibiscus and many more to impress the customers for buying their chocolate products.
It has been observed that, globally the purchase of “Dark Chocolate” sees the highest rate of sales in the global chocolate market list than other types of chocolates. Dark chocolate contains higher amount of cocoa in it, which is highly suggested for preventing or slowing the human ageing process as well as some disorders including cardiovascular diseases.
As reported by the Actual Market Research on “Global Chocolate Market Outlook 2026” shows a detailed overview of the Chocolate industries worldwide. Chocolates are mostly popular and consumed more by the young generation. Today chocolates are also been replaced by traditional sweets and been gifted to others too. The Global Chocolate Market is expected to rise the market size of above USD 169 Billion by end of the forecasted period of 2026. Globally, Europe is consistently ranking at the top revenue generator in the chocolate market and Germany as the largest chocolate exporter. Whereas Switzerland was the biggest market for chocolate consumption in the year 2020.
The spread of the COVID-19 pandemic has led to lockdowns in Europe and many other international markets. The mainstream chocolate consumption is stable, but the craft chocolate segments are facing difficulties. In the cocoa-producing countries, lockdowns have put a hold on the supply chains. During pandemic the lockdown time most of the chocolate markets were shut down and because of the same the markets started losing consumers. The market was also impacted because of consumers were more conscious about their health and most of the time consumed vegetables and other healthy stuffs.
Major Companies present in the market are:
1. Ferrero SPA
2. Group Arcor
3. Theo Chocolate
4. Kellogg Company
5. Cacau show
6. La Maison du Chocolate
7. Ezaki Glico Co
8. Meiji Holdings Co. Ltd
9. Lindt and Sprüngli AG
10. Mars Incorporated
11. Mondelez International
12. Morinaga & Co. Ltd
13. Hershey Company
14. Nestle S.A
15. Thorntons
16. Patchi
17. August Storck KG
18. Barry Callebaut
19. Godiva choclatier
20. Stella Bernrain
21. Blommer Chocolates Company
22. Confiserie Leonidas
23. Mary’s Chocolate
24. Lotte Confectionery
25. United Confectionery manufacturers
26. Cemoi Group
27. France Neuhaus
28. Brookside Chocolates
Considered in this report
• Geography: Global
• Base year: 2020
• Estimated year: 2021
• Forecast year: 2026
Aspects covered in this report
• Global chocolate market with its value and forecast along with its segments
• Region-wise chocolate market analysis
• Various divers and challenges
• Ongoing trends and developments
• Five force models
• Top profiled companies
• Strategic recommendation
Regions covered in the report
• North America
• Europe
• South America
• Asia-Pacific
• Middle-East & Africa
Types of chocolates in the report
• Milk chocolate
• Dark chocolate
• White chocolate
The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.
Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to chocolate industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
Keywords: Global, North America, South, America, Europe, Middle East, Africa, Asia, Asia-Pacific, India, Japan, USA, Canada, Mexico, UK, Italy, France, Chocolate, Milk , Dark, White, Retailing, Organic, Natural, Everyday, Seasonal, Premium, Gourmet
This report would help you answer the following questions:
1. What is the market size and forecast of the Global Chocolate Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the Global Chocolate Market during the forecast period?
3. Which region outstands in the Global Chocolate Market?
4. Which are the segments to invest in over the forecast period in the Global Chocolate Market?
5. What is the competitive strategic window for opportunities in the Global Chocolate Market?
6. What are the technology trends and regulatory frameworks in the Global Chocolate Market?
7. What are the major companies in the Global Chocolate Market?
Asia-Pacific dominates the market and is the largest and fastest-growing market in the animal growth promoters industry globally
Download Sample
We are friendly and approachable, give us a call.