Global Premium Chocolate Market 2024-2028
The premium chocolate market is forecasted to grow by USD 20.8 bn during 2023-2028, accelerating at a CAGR of 9.48% during the forecast period. The report on the premium chocolate market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by new product launches, increasing market indulgence, and burgeoning marketing strategies.
Technavio's premium chocolate market is segmented as below:
- By Distribution Channel
- Offline
- Online
- By Product
- Dark premium chocolate
- White and milk premium chocolate
- By Geographical Landscape
- Europe
- North America
- APAC
- South America
- Middle East and Africa
This study identifies the demand for organic, vegan, sugar-free, and gluten-free chocolates as one of the prime reasons driving the premium chocolate market growth during the next few years. Also, support for sustainable cocoa production and transparency in ingredient labeling will lead to sizable demand in the market.
The report on the premium chocolate market covers the following areas:
- Premium chocolate market sizing
- Premium chocolate market forecast
- Premium chocolate market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading premium chocolate market vendors that include Cargill Inc., CEMOI Group, Champlain Chocolate Co., Chocoladefabriken Lindt and Sprungli AG, Ferrero International S.A., Hotel Chocolat, Lotte Corp., Marks and Spencer Group plc, Mars Inc., Meiji Holdings Co. Ltd., Mondelez International Inc., Nestle SA, Neuhaus NV, Pierre Marcolini Group, RICHART, Savencia SA, Teuscher Chocolates of Switzerland, The Hershey Co., Vosges Haut Chocolat Ltd., and Yildiz Holding AS. Also, the premium chocolate market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.