According to IMARC Group’s latest report, titled “Premium Chocolate Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.’ the study provides a detailed analysis of the industry, including the global premium chocolate market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How Big Is the Premium Chocolate Market?
The global premium chocolate market size reached US$ 30.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 50.3 Billion by 2028, exhibiting a growth rate (CAGR) of 8.5% during 2023-2028.
What is Premium Chocolate?
Premium chocolates are prepared from various high-quality fine ingredients with superior craftsmanship. They usually comprise a larger quantity of cocoa, which is further infused with exotic flavoring and other components, including almonds, raspberries, pomegranates, blueberry chunks, or alcohol, to provide it a velvety-rich flavor. Premium chocolates are rich in fibers, antioxidants, iron, and magnesium that improve cognitive functions and blood flow, release stress, and are less detrimental to teeth than other chocolates. Consequently, they are extensively used in pastries, confectionery items, baked products, or consumed directly.
What are the growth prospects and trends in the ambulance services industry?
The rapid expansion in the food and beverage (F&B) sector and the increasing consumption of packaged food amongst the younger generation and millennials are primarily driving the market growth. This is further influenced by the growing need for vegan, sugar-free premium chocolates made from various organic ingredients, owing to changing dietary patterns and evolving consumer preferences. Moreover, the rising health consciousness and awareness amongst consumers regarding the detrimental effects of synthetic materials have prompted manufacturers to use non-genetically modified organisms (GMO) ingredients in the formulation of premium chocolates, which is propelling the market growth. Additionally, the introduction of innovative product variants with exotic flavors, such as honey, espresso, peanut butter, mint, and honey, in effective packaging solutions is impelling the market growth. Apart from this, easy product availability across several distribution channels and the seasonal demand for premium chocolates as gifts on multiple occasions are supporting the market growth.
Premium Chocolate Market 2023-2028 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the premium chocolate market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Cargill Incorporated
- Cémoi
- Chocoladefabriken Lindt & Sprüngli AG
- Ferrero International S.A.
- Lake Champlain Chocolates
- Mars Incorporated
- Mondelez International Inc.
- Nestlé S.A.
- Neuhaus
- Pierre Marcolini Group
- The Hershey Company
- Yildiz Holding.
Key Market Segmentation:
The report has segmented the premium chocolate market on the basis of product type, packaging type and distribution channel.
Breakup by Product Type:
- Dark Chocolate
- Milk Chocolate
- White Chocolate
- Others
Breakup by Packaging Type:
- Standard Packaging
- Gift Packaging
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Specialty Stores
- Online Stores
- Others
Breakup by Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Premium Chocolate Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product Type
6.1 Dark Chocolate
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Milk Chocolate
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 White Chocolate
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Others
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Packaging Type
7.1 Standard Packaging
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Gift Packaging
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Distribution Channel
8.1 Supermarkets and Hypermarkets
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Convenience Stores
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Specialty Stores
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Online Stores
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Cargill Incorporated
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 SWOT Analysis
14.3.2 Cémoi
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 Chocoladefabriken Lindt & Sprüngli AG
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.4 Ferrero International S.A.
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 Lake Champlain Chocolates
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 Mars Incorporated
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 SWOT Analysis
14.3.7 Mondelez International Inc.
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.7.4 SWOT Analysis
14.3.8 Nestlé S.A.
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.8.4 SWOT Analysis
14.3.9 Neuhaus
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 Pierre Marcolini Group
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.11 The Hershey Company
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.11.3 Financials
14.3.11.4 SWOT Analysis
14.3.12 Yildiz Holding
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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