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Premium Chocolate Trends and Forecast
The future of the global premium chocolate market looks promising with opportunities in the hypermarket/supermarket, specialty store, and online markets. The global premium chocolate market is expected to reach an estimated $46.2 billion by 2030 with a CAGR of 7.6% from 2024 to 2030. The major drivers for this market are rising demand for limited-edition chocolate and significant demand for organic, vegan, sugar-free, and gluten-free chocolates.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Premium Chocolate by Segment
The study includes a forecast for the global premium chocolate by product, distribution channel, and region.
Premium Chocolate Market by Product [Shipment Analysis by Value from 2018 to 2030]:
• Dark
• Milk
• White
Premium Chocolate Market by Distribution Channel [Shipment Analysis by Value from 2018 to 2030]:
• Hypermarkets/Supermarkets
• Specialty Stores
• Online
• Others
Premium Chocolate Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Premium Chocolate Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies premium chocolate companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the premium chocolate companies profiled in this report include-
• Chocoladefabriken Lindt & Sprüngli
• Ferrero International
• Endangered Species Chocolate
• The Hershey Company
• Mondelez International
• Yildiz Holding
• Godiva
Premium Chocolate Market Insights
Lucintel forecasts that dark will remain the largest segment over the forecast period due to its increasing consumption among people given to its various benefits, such as improve immunity power, healthy bones and teeth, promote heart health, enhance mood, and lower blood pressure.
Europe will remain the largest region over the forecast period.
Features of the Global Premium Chocolate Market
Market Size Estimates: Premium chocolate market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Premium chocolate market size by product, distribution channel, and region in terms of value ($B).
Regional Analysis: Premium chocolate market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different products, distribution channels, and regions for the premium chocolate market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the premium chocolate market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the premium chocolate market size?
Answer: The global premium chocolate market is expected to reach an estimated $46.2 billion by 2030.
Q2. What is the growth forecast for premium chocolate market?
Answer: The global premium chocolate market is expected to grow with a CAGR of 7.6% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the premium chocolate market?
Answer: The major drivers for this market are rising demand for limited-edition chocolate and significant demand for organic, vegan, sugar-free, and gluten-free chocolates.
Q4. What are the major segments for premium chocolate market?
Answer: The future of the premium chocolate market looks promising with opportunities in the hypermarket/supermarket, specialty store, and online markets.
Q5. Who are the key premium chocolate market companies?
Answer: Some of the key premium chocolate companies are as follows:
• Chocoladefabriken Lindt & Sprüngli
• Ferrero International
• Endangered Species Chocolate
• The Hershey Company
• Mondelez International
• Yildiz Holding
• Godiva
Q6. Which premium chocolate market segment will be the largest in future?
Answer: Lucintel forecasts that dark will remain the largest segment over the forecast period due to its increasing consumption among people given to its various benefits, such as improve immunity power, healthy bones and teeth, promote heart health, enhance mood, and lower blood pressure.
Q7. In premium chocolate market, which region is expected to be the largest in next 5 years?
Answer: Europe will remain the largest region over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the premium chocolate market by product (dark, milk, and white), distribution channel (hypermarkets/supermarkets, specialty stores, online, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Premium Chocolate Market, Premium Chocolate Market Size, Premium Chocolate Market Growth, Premium Chocolate Market Analysis, Premium Chocolate Market Report, Premium Chocolate Market Share, Premium Chocolate Market Trends, Premium Chocolate Market Forecast, Premium Chocolate Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Premium Chocolate Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Premium Chocolate Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Premium Chocolate Market by Product
3.3.1: Dark
3.3.2: Milk
3.3.3: White
3.4: Global Premium Chocolate Market by Distribution Channel
3.4.1: Hypermarkets/Supermarkets
3.4.2: Specialty Stores
3.4.3: Online
3.4.4: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Premium Chocolate Market by Region
4.2: North American Premium Chocolate Market
4.2.2: North American Premium Chocolate Market by Distribution Channel: Hypermarkets/Supermarkets, Specialty Stores, Online, and Others
4.3: European Premium Chocolate Market
4.3.1: European Premium Chocolate Market by Product: Dark, Milk, and White
4.3.2: European Premium Chocolate Market by Distribution Channel: Hypermarkets/Supermarkets, Specialty Stores, Online, and Others
4.4: APAC Premium Chocolate Market
4.4.1: APAC Premium Chocolate Market by Product: Dark, Milk, and White
4.4.2: APAC Premium Chocolate Market by Distribution Channel: Hypermarkets/Supermarkets, Specialty Stores, Online, and Others
4.5: ROW Premium Chocolate Market
4.5.1: ROW Premium Chocolate Market by Product: Dark, Milk, and White
4.5.2: ROW Premium Chocolate Market by Distribution Channel: Hypermarkets/Supermarkets, Specialty Stores, Online, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Premium Chocolate Market by Product
6.1.2: Growth Opportunities for the Global Premium Chocolate Market by Distribution Channel
6.1.3: Growth Opportunities for the Global Premium Chocolate Market by Region
6.2: Emerging Trends in the Global Premium Chocolate Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Premium Chocolate Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Premium Chocolate Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Chocoladefabriken Lindt & Sprüngli
7.2: Ferrero International
7.3: Endangered Species Chocolate
7.4: The Hershey Company
7.5: Mondelez International
7.6: Yildiz Holding
7.7: Godiva
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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