Chocolate and Gourmet Dates Market, By Product Type (Chocolates, Gourmet Dates), By Packaging Type (Gift Packaging, Standard Packaging), By Distribution Channel (Hypermarkets and Supermarkets, Convenience Stores, Specialty Stores, Online Stores, Others), By Region (North America, Latin America, Europe, Middle East, Africa, Asia Pacific)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
Chocolate and gourmet dates have high health benefits. The growing importance of organic food is boosting demand for gourmet dates. Increasing attraction towards chocolates and gourmet dates as gifts is expected to boost the market growth during the forecast period. For instance, gift-packaged chocolates and gourmet dates have higher demand during occasions such as Thanksgiving, Easter, birthdays, Valentine’s Day, and others.
Market Dynamics
Among product type, chocolates segment was dominant in the chocolate and gourmet dates market in 2022 owing to increasing awareness regarding the health benefits of chocolates such as the presence of cocoa in chocolates. Cocoa is a good source of antioxidants, health-conscious people often prefer dark chocolates. Moreover, a growing confectionery industry is another influencing factor for increasing demand for chocolates and gourmet dates.
Apart from these factors, chocolate festivals and events such as Chocolate Show New York, Choco-Late Festival: Brugge, Belgium, and others organized globally is another attraction for chocolate lovers. These festivals will attract more chocolate buyers and tourists in these regions, which in turn is expected to have a direct impact on increasing sales of chocolate and gourmet dates during the forecast period.
Among regions, Europe held a significant market share in 2022 due to increasing tourism and increased manufacture and export of chocolates from this region. Moreover, the presence of key manufacturers such as Lindt & Sprungli AG, Nestle S.A., Ferrero Group, Deliciously Dates, and Confiseur Laderach AG in Europe is expected to boost the European market for chocolate and gourmet dates during the forecast period.
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