PUBLISHER: Renub Research | PRODUCT CODE: 1422485
PUBLISHER: Renub Research | PRODUCT CODE: 1422485
Dark Chocolate Market, Size, Global Forecast 2024-2030, Industry Trends, Share, Growth, Insight, Impact of Inflation, Company Analysis
Dark Chocolate Market size is expected to reach US$ 104.45 Billion by 2030, as per Renub Research. Chocolates are trendy foods in the world and are an essential confectionery item. Chocolates are the favorite of children. It has been traded internationally for decades, mainly from the underdeveloped to the developed world. Chocolates have significant levels of complexity and flavor. It is made from the fruit of the cocoa tree and has uses, such as being used as an ingredient in beverages and various kinds of confectionery. The demand for chocolates, specifically dark chocolate, is high because of its health benefits.
Dark chocolate is a chocolate without milk included and has a denser chocolate taste than milk chocolate. The essential ingredients in dark chocolates are cacao beans, sugar, an emulsifier, soy lecithin to safeguard texture, and flavorings, for example, vanilla. Various kinds of dark chocolates contrast the level of cocoa solids in the bar. Dark chocolate has a rich and extreme flavor and is a rich source of flavonoids, which add to its color. The higher the concentration of flavonoids, the darker the chocolate.
For years, dark chocolate has been identified for its numerous health benefits. Its bioactive additives, together with polyphenols, flavonoids, procyanidins, and nutrients and minerals, enhance the immune system and promote overall health. Dark chocolate assistances protect towards diverse diseases along with cardiovascular diseases, cancers, Alzheimer's, and Parkinson's. It is a purposeful food with antidiabetic, anti-inflammatory, and anti-microbial properties. It additionally facilitates manage weight and improves lipid profile. However, all through the processing of dark chocolate, some nutrients get lost. Fortification is a manner to enhance the general nutrient content material of darkish chocolate.
Dark Chocolate Market is expected to grow at a CAGR of 7.81% from 2024 to 2030
Several ingredients were used for fortification, which include fruits (mulberry, chokeberries, and elderberries), spices (cinnamon), phytosterols, peanut oil, probiotics (in particular Lactobacillus, bacillus spices), prebiotics (inulin, xanthan gum, and maltodextrin), flavonoids, and flavan-3-ols. These fortifications increased the overall antioxidant and vital fatty acid content at the same time as lowering the entire calorie content. Sometimes, fortification changed into done to improve physical properties like viscosity and rheological and overall consumer acceptance by enhancing its bitter flavor. Dark Chocolate Market turned into worth US$ 61.70 Billion in 2023.
Market for darkish chocolate has acquired a boost because of the growing interest in health and comfort
The surge in health and wellbeing cognizance and interest has substantially improved the dark chocolate marketplace. With a higher cocoa solids percent as compared to take advantage of chocolate, darkish chocolate is identified for diverse health advantages, including better heart fitness, infection reduction, and antioxidant provision. Consequently, consumers are more and more turning to dark chocolate as a more fit alternative inside the chocolate spectrum. This shift in choices has pushed a heightened demand for darkish chocolate products, prompting manufacturers to introduce new and modern sorts to fulfill the evolving needs of this increasing market.
Customers are buying pricier chocolates, attracting multinational companies to the global market
Multinational manufactures are increasingly more coming into the worldwide dark chocolate market due to the growing consumer choice for premium sweets. Customers were growing their preference for more high-priced candies, indicating a surge in demand for highend confectioneries. This shift in buyer behavior has triggered companies to pay attention on the top class dark chocolate sector as greater discerning consumers are seeking out unique flavor profiles and multiplied flavor studies. By catering to evolving tastes, organizations goal to capture a bigger marketplace proportion and take benefit of lucrative worldwide dark chocolate market opportunities.
Rising sugar and cocoa price push companies to are searching for opportunity components and packaging alternatives to decrease expenses and offer more inexpensive products
Due to increased sugar and cocoa prices, businesses must keep in mind alternative ingredients and packaging solutions. This strategic shift has led to exploring substitutes for conventional ingredients and adopting sustainable and value-effective packaging to mitigate cost and offer low-cost products to customers. The purpose is to diversify inputs and optimize packaging strategies even as navigating the challenges of risky commodity prices to preserve buyer affordability. By showcasing adaptability, organizations reveal their dedication to handing over cost to customers in changing economics landscapes.
Organic and sustainable products market is anticipated to grow due to multiplied demand
Recently, heightened awareness of meals choices' environmental and ethical implications has led consumers to scrutinize their consumption styles. Dark chocolate, derived from ethically sourced, organic cocoa beans cultivated thru sustainable practices, is gaining recognition. A growing customer desire for clean-label products without synthetic components and preservatives drives this shift. The demand for awesome dark chocolate is surging as people are trying to find indulgence aligned with their values. This trend signifies a broader motion toward ethically sourced and environmentally conscious meals alternatives, reflecting a conscientious consumer base prioritizing taste and the responsible sourcing of substances in their buying choices.
Key Player
Nestle S.A., The Hershey Company, Mondelez International, Inc., AMUL Industries Pvt Ltd, Meiji Holdings Co. Ltd, Saputo Inc, Chocoladefabriken Lindt, and Sprungli AG, and Hotel Chocolat Group plc are the prominent companies in the Dark Chocolate Market.
Renub Research latest report "Global Dark Chocolate Market by Product Type (70% Cocoa Dark Chocolate, 75% Cocoa Dark Chocolate, 80% Cocoa Dark Chocolate, and 90% Cocoa Dark Chocolate), Application (Confectionery, Functional Food & Beverage, Pharmaceuticals, and Cosmetics), Distribution Channel (Convenience Stores, Supermarkets and Hypermarkets, Non-Grocery retailers, and Others), Region (North America (United States and Canada), Europe (France, Germany, Italy, Spain, United Kingdom, Belgium, Netherlands, Turkey), Asia Pacific (China, Japan, India, Australia, South Korea, Thailand, Malaysia, Indonesia, New Zealand), Latin America (Brazil, Mexico, Argentina), Middle East & Africa (South Africa, Saudi Arabia, UAE), Company Analysis (Nestle S.A., The Hershey Company, Mondelez International, Inc., AMUL Industries Pvt Ltd, Meiji Holdings Co. Ltd, Saputo Inc, Chocoladefabriken Lindt, and Sprungli AG, and Hotel Chocolat Group plc)" provides complete details on Global Dark Chocolate Industry.
Type - Market breakup from 4 viewpoints
- 1. 70% Cocoa Dark Chocolate
- 2. 75% Cocoa Dark Chocolate
- 3. 80% Cocoa Dark Chocolate
- 4. 90% Cocoa Dark Chocolate
Application - Market breakup from 4 viewpoints
- 1. Confectionery
- 2. Functional Food & Beverage
- 3. Pharmaceuticals
- 4. Cosmetics
Distribution Channel - Market breakup from 4 viewpoints
- 1. Convenience Stores
- 2. Supermarkets and Hypermarkets
- 3. Non-Grocery retailers
- 4. Others
Country - Market breakup from 25 viewpoints
- 1. North America
- 1.1. United States
- 1.2. Canada
- 2. Europe
- 2.1. France
- 2.2. Germany
- 2.3. Italy
- 2.4. Spain
- 2.5. United Kingdom
- 2.6. Belgium
- 2.7. Netherland
- 2.8. Turkey
- 3. Asia Pacific
- 3.1. China
- 3.2. Japan
- 3.3. India
- 3.4. South Korea
- 3.5. Thailand
- 3.6. Malaysia
- 3.7. Indonesia
- 3.8. Australia
- 3.9. New Zealand
- 4. Latin America
- 4.1. Brazil
- 4.2. Mexico
- 4.3. Argentina
- 5. Middle East & Africa
- 5.1. Saudi Arabia
- 5.2. UAE
- 5.3. South Africa
All Key players have been covered from 3 viewpoints
- Overview
- Recent Development
- Revenue
Company Analysis
- 1. Nestle S.A.
- 2. The Hershey Company
- 3. Mondelez International, Inc.
- 4. AMUL Industries Pvt Ltd
- 5. Meiji Holdings Co. ltd
- 6. Saputo Inc
- 7. Chocoladefabriken Lindt and Sprungli AG
- 8. Hotel Chocolat Group plc
Table of Contents
1. Introduction
2. Research & Methodology
3. Executive Summary
4. Market Dynamics
- 4.1 Growth Drivers
- 4.2 Challenges
5. Global Dark Chocolate Market
6. Market Share - Global Dark ChocolateAnalysis
- 6.1 By Type
- 6.2 By Application
- 6.3 By Distribution Channel
- 6.4 By Countries
7. Type - Global Dark Chocolate Market
- 7.1 70% Cocoa Dark Chocolate
- 7.2 75% Cocoa Dark Chocolate
- 7.3 80% Cocoa Dark Chocolate
- 7.4 90% Cocoa Dark Chocolate
8. Application - Global Dark Chocolate Market
- 8.1 Confectionery
- 8.2 Functional Food & Beverage
- 8.3 Pharmaceuticals
- 8.4 Cosmetics
9. Distribution Channel - Global Dark Chocolate Market
- 9.1 Supermarkets and Hypermarkets
- 9.2 Convenience Stores
- 9.3 Non-Grocery Retailers
- 9.4 Others
10. Countries - Global Dark Chocolate Market
- 10.1 North America
- 10.1.1 United States
- 10.1.2 Canada
- 10.2 Europe
- 10.2.1 France
- 10.2.2 Germany
- 10.2.3 Italy
- 10.2.4 Spain
- 10.2.5 United Kingdom
- 10.2.6 Belgium
- 10.2.7 Netherland
- 10.2.8 Turkey
- 10.3 Asia Pacific
- 10.3.1 China
- 10.3.2 Japan
- 10.3.3 India
- 10.3.4 South Korea
- 10.3.5 Thailand
- 10.3.6 Malaysia
- 10.3.7 Indonesia
- 10.3.8 Australia
- 10.3.9 New Zealand
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.2 Mexico
- 10.4.3 Argentina
- 10.5 Middle East & Africa
- 10.5.1 Saudi Arabia
- 10.5.2 UAE
- 10.5.3 South Africa
11. Porter's Five Forces Analysis - Global Dark Chocolate Market
- 11.1 Bargaining Power of Buyers
- 11.2 Bargaining Power of Suppliers
- 11.3 Degree of Rivalry
- 11.4 Threat of New Entrants
- 11.5 Threat of Substitutes
12. SWOT Analysis - Global Dark Chocolate Market
- 12.1.1 Strength
- 12.1.2 Weakness
- 12.1.3 Opportunity
- 12.1.4 Threat
13. Key Players
- 13.1 Nestle S.A.
- 13.1.1 Overview
- 13.1.2 Recent Development
- 13.1.3 Revenue Analysis
- 13.2 The Hershey Company
- 13.2.1 Overview
- 13.2.2 Recent Development
- 13.2.3 Revenue Analysis
- 13.3 Mondelez International, Inc.
- 13.3.1 Overview
- 13.3.2 Recent Development
- 13.3.3 Revenue Analysis
- 13.4 AMUL Industries Pvt Ltd
- 13.4.1 Overview
- 13.4.2 Recent Development
- 13.4.3 Revenue Analysis
- 13.5 Meiji Holdings Co. ltd
- 13.5.1 Overview
- 13.5.2 Recent Development
- 13.5.3 Revenue Analysis
- 13.6 Saputo Inc
- 13.6.1 Overview
- 13.6.2 Recent Development
- 13.6.3 Revenue Analysis
- 13.7 Chocoladefabriken Lindt and Sprungli AG
- 13.7.1 Overview
- 13.7.2 Recent Development
- 13.7.3 Revenue Analysis
- 13.8 Hotel Chocolat Group plc
- 13.8.1 Overview
- 13.8.2 Recent Development
- 13.8.3 Revenue Analysis
List of Figures
- Figure-01: Global - Dark Chocolate Market (Billion US$), 2018 - 2023
- Figure-02: Global - Forecast for Dark Chocolate Market (Billion US$), 2024 - 2030
- Figure-03: Type - 70% Cocoa Dark Chocolate Market (Billion US$), 2018 - 2023
- Figure-04: Type - Forecast for 70% Cocoa Dark Chocolate Market (Billion US$), 2024 - 2030
- Figure-05: Type - 75% Cocoa Dark Chocolate Market (Billion US$), 2018 - 2023
- Figure-06: Type - Forecast for 75% Cocoa Dark Chocolate Market (Billion US$), 2024 - 2030
- Figure-07: Type - 80% Cocoa Dark Chocolate Market (Billion US$), 2018 - 2023
- Figure-08: Type - Forecast for 80% Cocoa Dark Chocolate Market (Billion US$), 2024 - 2030
- Figure-09: Type - 90% Cocoa Dark Chocolate Market (Billion US$), 2018 - 2023
- Figure-10: Type - Forecast for 90% Cocoa Dark Chocolate Market (Billion US$), 2024 - 2030
- Figure-11: Application - Confectionery Market (Billion US$), 2018 - 2023
- Figure-12: Application - Forecast for Confectionery Market (Billion US$), 2024 - 2030
- Figure-13: Application - Functional Food & Beverage Market (Billion US$), 2018 - 2023
- Figure-14: Application - Forecast for Functional Food & Beverage Market (Billion US$), 2024 - 2030
- Figure-15: Application - Pharmaceuticals Market (Billion US$), 2018 - 2023
- Figure-16: Application - Forecast for Pharmaceuticals Market (Billion US$), 2024 - 2030
- Figure-17: Application - Cosmetics Market (Billion US$), 2018 - 2023
- Figure-18: Application - Forecast for Cosmetics Market (Billion US$), 2024 - 2030
- Figure-19: Distribution Channel - Supermarkets and Hypermarkets Market (Billion US$), 2018 - 2023
- Figure-20: Distribution Channel - Forecast for Supermarkets and Hypermarkets Market (Billion US$), 2024 - 2030
- Figure-21: Distribution Channel - Convenience Stores Market (Billion US$), 2018 - 2023
- Figure-22: Distribution Channel - Forecast for Convenience Stores Market (Billion US$), 2024 - 2030
- Figure-23: Distribution Channel - Non-Grocery Retailers Market (Billion US$), 2018 - 2023
- Figure-24: Distribution Channel - Forecast for Non-Grocery Retailers Market (Billion US$), 2024 - 2030
- Figure-25: Distribution Channel - Others Market (Billion US$), 2018 - 2023
- Figure-26: Distribution Channel - Forecast for Others Market (Billion US$), 2024 - 2030
- Figure-27: United States - Dark Chocolate Market (Million US$), 2018 - 2023
- Figure-28: United States - Forecast for Dark Chocolate Market (Million US$), 2024 - 2030
- Figure-29: Canada - Dark Chocolate Market (Million US$), 2018 - 2023
- Figure-30: Canada - Forecast for Dark Chocolate Market (Million US$), 2024 - 2030
- Figure-31: France - Dark Chocolate Market (Million US$), 2018 - 2023
- Figure-32: France - Forecast for Dark Chocolate Market (Million US$), 2024 - 2030
- Figure-33: Germany - Dark Chocolate Market (Million US$), 2018 - 2023
- Figure-34: Germany - Forecast for Dark Chocolate Market (Million US$), 2024 - 2030
- Figure-35: Italy - Dark Chocolate Market (Million US$), 2018 - 2023
- Figure-36: Italy - Forecast for Dark Chocolate Market (Million US$), 2024 - 2030
- Figure-37: Spain - Dark Chocolate Market (Million US$), 2018 - 2023
- Figure-38: Spain - Forecast for Dark Chocolate Market (Million US$), 2024 - 2030
- Figure-39: United Kingdom - Dark Chocolate Market (Million US$), 2018 - 2023
- Figure-40: United Kingdom - Forecast for Dark Chocolate Market (Million US$), 2024 - 2030
- Figure-41: Belgium - Dark Chocolate Market (Million US$), 2018 - 2023
- Figure-42: Belgium - Forecast for Dark Chocolate Market (Million US$), 2024 - 2030
- Figure-43: Netherland - Dark Chocolate Market (Million US$), 2018 - 2023
- Figure-44: Netherland - Forecast for Dark Chocolate Market (Million US$), 2024 - 2030
- Figure-45: Turkey - Dark Chocolate Market (Million US$), 2018 - 2023
- Figure-46: Turkey - Forecast for Dark Chocolate Market (Million US$), 2024 - 2030
- Figure-47: China - Dark Chocolate Market (Million US$), 2018 - 2023
- Figure-48: China - Forecast for Dark Chocolate Market (Million US$), 2024 - 2030
- Figure-49: Japan - Dark Chocolate Market (Million US$), 2018 - 2023
- Figure-50: Japan - Forecast for Dark Chocolate Market (Million US$), 2024 - 2030
- Figure-51: India - Dark Chocolate Market (Million US$), 2018 - 2023
- Figure-52: India - Forecast for Dark Chocolate Market (Million US$), 2024 - 2030
- Figure-53: South Korea - Dark Chocolate Market (Million US$), 2018 - 2023
- Figure-54: South Korea - Forecast for Dark Chocolate Market (Million US$), 2024 - 2030
- Figure-55: Thailand - Dark Chocolate Market (Million US$), 2018 - 2023
- Figure-56: Thailand - Forecast for Dark Chocolate Market (Million US$), 2024 - 2030
- Figure-57: Malaysia - Dark Chocolate Market (Million US$), 2018 - 2023
- Figure-58: Malaysia - Forecast for Dark Chocolate Market (Million US$), 2024 - 2030
- Figure-59: Indonesia - Dark Chocolate Market (Million US$), 2018 - 2023
- Figure-60: Indonesia - Forecast for Dark Chocolate Market (Million US$), 2024 - 2030
- Figure-61: Australia - Dark Chocolate Market (Million US$), 2018 - 2023
- Figure-62: Australia - Forecast for Dark Chocolate Market (Million US$), 2024 - 2030
- Figure-63: New Zealand - Dark Chocolate Market (Million US$), 2018 - 2023
- Figure-64: New Zealand - Forecast for Dark Chocolate Market (Million US$), 2024 - 2030
- Figure-65: Brazil - Dark Chocolate Market (Million US$), 2018 - 2023
- Figure-66: Brazil - Forecast for Dark Chocolate Market (Million US$), 2024 - 2030
- Figure-67: Mexico - Dark Chocolate Market (Million US$), 2018 - 2023
- Figure-68: Mexico - Forecast for Dark Chocolate Market (Million US$), 2024 - 2030
- Figure-69: Argentina - Dark Chocolate Market (Million US$), 2018 - 2023
- Figure-70: Argentina - Forecast for Dark Chocolate Market (Million US$), 2024 - 2030
- Figure-71: Saudi Arabia - Dark Chocolate Market (Million US$), 2018 - 2023
- Figure-72: Saudi Arabia - Forecast for Dark Chocolate Market (Million US$), 2024 - 2030
- Figure-73: UAE - Dark Chocolate Market (Million US$), 2018 - 2023
- Figure-74: UAE - Forecast for Dark Chocolate Market (Million US$), 2024 - 2030
- Figure-75: South Africa - Dark Chocolate Market (Million US$), 2018 - 2023
- Figure-76: South Africa - Forecast for Dark Chocolate Market (Million US$), 2024 - 2030
- Figure-77: Nestle S.A. - Global Revenue (Billion US$), 2018 - 2023
- Figure-78: Nestle S.A. - Forecast for Global Revenue (Billion US$), 2024 - 2030
- Figure-79: The Hershey Company - Global Revenue (Billion US$), 2018 - 2023
- Figure-80: The Hershey Company - Forecast for Global Revenue (Billion US$), 2024 - 2030
- Figure-81: Mondelez International, Inc. - Global Revenue (Billion US$), 2018 - 2023
- Figure-82: Mondelez International, Inc. - Forecast for Global Revenue (Billion US$), 2024 - 2030
- Figure-83: AMUL Industries Pvt Ltd - Global Revenue (Billion US$), 2018 - 2023
- Figure-84: AMUL Industries Pvt Ltd - Forecast for Global Revenue (Billion US$), 2024 - 2030
- Figure-85: Meiji Holdings Co. ltd - Global Revenue (Billion US$), 2018 - 2023
- Figure-86: Meiji Holdings Co. ltd - Forecast for Global Revenue (Billion US$), 2024 - 2030
- Figure-87: Saputo Inc - Global Revenue (Billion US$), 2018 - 2023
- Figure-88: Saputo Inc - Forecast for Global Revenue (Billion US$), 2024 - 2030
- Figure-89: Chocoladefabriken Lindt and Sprungli AG - Global Revenue (Billion US$), 2018 - 2023
- Figure-90: Chocoladefabriken Lindt and Sprungli AG - Forecast for Global Revenue (Billion US$), 2024 - 2030
- Figure-91: Hotel Chocolat Group plc - Global Revenue (Billion US$), 2018 - 2023
- Figure-92: Hotel Chocolat Group plc - Forecast for Global Revenue (Billion US$), 2024 - 2030
List of Tables
- Table-01: Global - Dark Chocolate Market Share by Type (Percent), 2018 - 2023
- Table-02: Global - Forecast for Dark Chocolate Market Share by Type (Percent), 2024 - 2030
- Table-03: Global - Dark Chocolate Market Share by Application (Percent), 2018 - 2023
- Table-04: Global - Forecast for Dark Chocolate Market Share by Application (Percent), 2024 - 2030
- Table-05: Global - Dark Chocolate Market Share by Distribution Channel (Percent), 2018 - 2023
- Table-06: Global - Forecast for Dark Chocolate Market Share by Distribution Channel (Percent), 2024 - 2030
- Table-07: Global - Dark Chocolate Market Share by Countries (Percent), 2018 - 2023
- Table-08: Global - Forecast for Dark Chocolate Market Share by Countries (Percent), 2024 - 2030
