Global Chocolate Market Industry Analysis Size Share Growth Trends And Forecast 2016 2021

Chocolate Market Size Share Global Analysis Report 2021 20 The global chocolate market is expected to reach usd 109.13 billion in 2024 and grow at a cagr of 4.87% to reach usd 145.14 billion by 2030. ferrero international sa, mars incorporated, mondelēz international inc., nestlé sa and the hershey company are the major companies operating in the market. Chocolate market size & trends. the global chocolate market size was estimated at usd 119.39 billion in 2023 and is anticipated to grow at a compound annual growth rate (cagr) of 4.1% from 2024 to 2030. consumer consciousness regarding the health benefits of eating high quality chocolate, remains the key driver of the market.

Chocolate Market Size Share Trends Analysis Report 2030 The global chocolate market size was valued at usd 113.20 billion in 2022 and is projected to reach usd 156.98 billion by 2031, expanding at a cagr of 3.7% during the forecast period 2023 2031. chocolate is made by baking cacao seeds collected from theobroma cacao tree pods. cacao beans are picked, dried, fermented, and crushed into paste. The global chocolate market attained a value of usd 133.32 billion in 2023, driven by the impulse purchasing behaviour of the consumers. aided by the new product launches, the market is expected to witness a further growth in the forecast period of 2024 2032, growing at a cagr of 4.4%. the market is projected to reach usd 196.43 billion by 2032. To analyze the historical growth in the market size of the global chocolate market from 2016 to 2020. to estimate and forecast the market size of the global chocolate market from 2021 to 2026 and growth rate until 2026. to classify and forecast the global chocolate market based on category, distribution channel, company, and regional distribution. Global chocolate market size was valued at usd 42.29 billion in 2019 and is poised to grow from usd 46.61 billion in 2023 to usd 67.88 billion by 2031, growing at a cagr of 4.98% in the forecast period (2024 2031). growing demand for organic, vegan, sugar free, and gluten free chocolates is driving growth of the global chocolate market.

Chocolate Market Size Share Scope Trends Opportunities Forecast To analyze the historical growth in the market size of the global chocolate market from 2016 to 2020. to estimate and forecast the market size of the global chocolate market from 2021 to 2026 and growth rate until 2026. to classify and forecast the global chocolate market based on category, distribution channel, company, and regional distribution. Global chocolate market size was valued at usd 42.29 billion in 2019 and is poised to grow from usd 46.61 billion in 2023 to usd 67.88 billion by 2031, growing at a cagr of 4.98% in the forecast period (2024 2031). growing demand for organic, vegan, sugar free, and gluten free chocolates is driving growth of the global chocolate market. Market insights & analysis: global chocolate market (2024 30): the global chocolate market size is valued at usd 421 billion 2023 and is estimated to grow at a cagr of around 4.7% during the forecast period, i.e., 2024 30. the market's pivotal factors encompass an increasing desire for organic, vegan, sugar free, and gluten free chocolates. The global chocolate market size is projected to increase by usd 45.78 million at a compound annual growth rate (cagr) of 4.97% between 2022 to 2027. in 2017 the market size was valued at usd 151.8 million. the market is a global industry that involves the production, distribution, and consumption of chocolate products.

Global Industrial Chocolate Market Industry 2021 2027 Market insights & analysis: global chocolate market (2024 30): the global chocolate market size is valued at usd 421 billion 2023 and is estimated to grow at a cagr of around 4.7% during the forecast period, i.e., 2024 30. the market's pivotal factors encompass an increasing desire for organic, vegan, sugar free, and gluten free chocolates. The global chocolate market size is projected to increase by usd 45.78 million at a compound annual growth rate (cagr) of 4.97% between 2022 to 2027. in 2017 the market size was valued at usd 151.8 million. the market is a global industry that involves the production, distribution, and consumption of chocolate products.