Global Premium Chocolate Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Premium Chocolate Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global Premium Chocolate market finds that the global Premium Chocolate market reached a value of USD 4073.84 million in 2022. It’s expected that the market will achieve USD 6198.47 million by 2028, exhibiting a CAGR of 7.25% during the forecast period.

Drivers

Because the pure chocolate is rich in a natural antioxidant, flavonoids, this substance prevents the deposition of fat in the blood on the inner wall of the blood vessel, protects the cardiovascular from aging, and prevents blood vessel embolism.

Chocolate is rich in a flavanol substance that promotes the production of nitric oxide that relaxes the blood vessels. Studies have shown that high blood pressure in the liver and liver damage are closely related to chronic liver disease, and chocolate can improve blood flow in the liver has been confirmed in earlier studies.

Restraints

The international trade war has caused problems in the import and export tariffs of cocoa beans. The changes in raw materials have affected the production costs of the chocolate industry. The price changes have affected the sales of chocolate.

Chocolate is a food with high energy density. The content of sodium and sugar in chocolate is low, but the fat content (especially the content of saturated fat) is still relatively high, but it will still gain weight when eaten more, especially after eating and processing dark chocolate with ingredients such as sugar, fat, and whole milk.

Company Overview:

Chocoladefabriken Lindt & Sprüngli, Yıldız Holding, Ferrero, Nestle and The Hershey Company are the five key players in the global Premium Chocolate market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Premium Chocolate market in the past 5 years.

Chocoladefabriken Lindt & Sprüngli AG, together with its subsidiaries, develops, produces, and sells chocolate products worldwide. The company sells its products under the Lindt, Ghirardelli, Russell Stover, Whitman’s, Caffarel, Hofbauer, Küfferle, and Pangburn’s brand names. It serves customers through a network of distributors, as well as in approximately 400 own shops. Chocoladefabriken Lindt & Sprüngli AG was founded in 1845 and is headquartered in Kilchberg, Switzerland.

Yildiz Holding A.S. produces, distributes, and exports food and other products. It offers biscuits, chocolates, confectionary products, cooking oils, margarine, dairy products, instant and frozen food products, breads, meat products, fruit juices, drinks, and non-alcoholic beverages. The company also provides sanitary towels, baby diapers, cosmetics, cleaning products, and personal care products. In addition, it offers breakfast cereals and grains, chewing gums, candies, noodles, pastas, spices, and seasonings. Further, the company operates shops and supermarkets. It offers its products through distribution networks internationally.

Key Companies in the global Premium Chocolate market covered in Chapter 3:

Neuhaus
The Hershey Company
Guylian
Cargill
Chocoladefabriken Lindt & Sprüngli
Nestle
Yıldız Holding
Vosges Haut-Chocolat
Ferrero
Mondelēz International
Hotel Chocolat

In Chapter 4 and Chapter 14.2, on the basis of types, the Premium Chocolate market from 2018 to 2029 is primarily split into:

Premium Dark Chocolate
Premium Milk Chocolate
Premium White Chocolate

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Premium Chocolate market from 2018 to 2029 covers:

Food Service Sector
Travel Retail
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)