Global Chocolate (Milk, Dark, White) Market is anticipated to grow to the market size of above USD 169 Billion by end of the forecasted period of 2026.
Chocolates are considered the most preferred confectionery items consumed globally. People of all age groups are very much attracted to the consumption of chocolates. The introduction of various innovations in chocolate concerning taste, flavor, ingredients, quantity, along with the increase in per capita income in countries like China & India has increased the demand for chocolates. In consideration of global consumption, countries like Switzerland, Ireland, United Kingdom, Germany, and Sweden top the list. The market is being segmented into regions like North America, Europe, Asia Pacific, South America, and the Middle East. Out of all regions, the European market poses as the prominent market, while the United States and Germany is the largest revenue generator and Switzerland is the largest chocolate exporters. The advertising and branding activities have played an important role in changing the perception of customers from viewing chocolate as just a kid's dessert to a premium gifting option.
The report titled “Global Chocolate Market Outlook 2026” shows a detailed overview into the Chocolate industry globally. Chocolate is a delight in its every bite. It is loved by the consumers, irrespective of their age, but most commonly by youngsters. Nowadays Chocolate, as a medium is used to display emotions, like love, respect, friendship. With the advent of new flavors, textures, tastes, traditional sweets are being replaced by chocolates. Global Chocolate Market is anticipated to hit the market size of above USD 169 Billion by end of the forecasted period of 2026. Europe is consistently being the top revenue generator. Branding and packaging play a pivotal role in targeting consumers. Germany was the largest chocolate exporter, while Switzerland was the biggest market for chocolate consumption in 2020.
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The purchase preferences also depend on the type of chocolate, which is segmented into the categories of milk chocolates, dark chocolates, and white chocolates. As the time changes, consumer preference towards chocolate has shifted from milk chocolates to dark chocolates.
Major Companies present in the market
Ferrero SPA, Group Arcor, Theo Chocolate, Kellogg Company, Cacau show, La Maison du Chocolat, Ezaki Glico Co, Meiji Holdings Co. Ltd, Lindt and Sprüngli AG, Mars Incorporated, Mondelez International, Morinaga & Co. Ltd, Hershey Company, Nestle S.A, Thorntons, Patchi, August Storck KG, Barry Callebaut, Godiva choclatier, Stella Bernrain Blommer Chocolates Company, Confiserie Leonidas, Mary’s Chocolate, Lotte Confectionery, United Confectionery manufacturers, Cemoi Group, France Neuhaus, Belgium, Brookside Chocolates
Considered in this report
• Geography: Global
• Base year: 2020
• Estimated year: 2021
• Forecast year: 2026
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Manmayi Raval
Research Consultant
Aspects covered in this report
• Global chocolate market with its value and forecast along with its segments
• Region-wise chocolate market analysis
• Various divers and challenges
• Ongoing trends and developments
• Five force models
• Top profiled companies
• Strategic recommendation
Regions covered in the report
• North America
• Europe
• South America
• Asia-Pacific
• Middle-East & Africa
Types of chocolates in the report
• Milk chocolate
• Dark chocolate
• White chocolate
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The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.
Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to chocolate industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
Keywords: Global, North America, South, America, Europe, Middle East, Africa, Asia, Asia-Pacific, India, Japan, USA, Canada, Mexico, UK, Italy, France, Chocolate, Milk , Dark, White, Retailing, Organic, Natural, Everyday, Seasonal, Premium, Gourmet
This report would help you answer the following questions:
1. What is the market size and forecast of the Global Chocolate Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the Global Chocolate Market during the forecast period?
3. Which region outstands in the Global Chocolate Market?
4. Which are the segments to invest in over the forecast period in the Global Chocolate Market?
5. What is the competitive strategic window for opportunities in the Global Chocolate Market?
6. What are the technology trends and regulatory frameworks in the Global Chocolate Market?
7. What are the major companies in the Global Chocolate Market?
Companies Mentioned
Ezaki Glico Co., Limited
Lindt & Sprungli Group
Lotte Confectionery Co., Limited
Mars Incorporated
Meiji Holdings Co., Limited
Nestle SA
Ferrero SPA
Mondelez International
Hershey Company
Barry Callebaut
Godiva choclatier
Table of Contents
Table of Contents
1. Executive Summary
2. Report Methodology
3. Market Structure
3.1. Market Considerate
4. Global Chocolate Market Outlook
4.1. Market Size by Value
4.2. Market Share
4.2.1. By Type
4.2.2. By Application
4.2.3. By Sales Channel
4.2.4. By Region
4.2.5. By Country
4.2.6. By Company
5. Global Dark Chocolate Market Outlook
6. Global White Chocolate Market Outlook
7. Global Milk Chocolate Market Outlook
8. North America Chocolate Market Outlook
8.1. Market Size by Value
8.2. Market Share
8.2.1. By Type
8.2.2. By Application
8.2.3. By Sales Channel
8.2.4. By Country
8.3. US Chocolate Market Outlook
8.3.1. Market Size by Value
8.3.2. Market Share
8.3.2.1. By Type
8.3.2.2. By Application
8.4. Canada Chocolate Market Outlook
8.4.1. Market Size by Value
8.4.2. Market Share
8.4.2.1. By Type
8.4.2.2. By Application
8.5. Mexico Chocolate Market Outlook
8.5.1. Market Size by Value
8.5.2. Market Share
8.5.2.1. By Type
8.5.2.2. By Application
9. Europe Chocolate Market Outlook
9.1. Market Size by Value
9.2. Market Share
9.2.1. By Type
9.2.2. By Application
9.2.3. By Sales Channel
9.2.4. By Country
9.3. UK Chocolate Market Outlook
9.3.1. Market Size by Value
9.3.2. Market Share
9.3.2.1. By Type
9.3.2.2. By Application
9.4. Germany Chocolate Market Outlook
9.4.1. Market Size by Value
9.4.2. Market Share
9.4.2.1. By Type
9.4.2.2. By Application
9.5. France Chocolate Market Outlook
9.5.1. Market Size by Value
9.5.2. Market Share
9.5.2.1. By Type
9.5.2.2. By Application
9.6. Italy Chocolate Market Outlook
9.6.1. Market Size by Value
9.6.2. Market Share
9.6.2.1. By Type
9.6.2.2. By Application
9.7. Spain Chocolate Market Outlook
9.7.1. Market Size by Value
9.7.2. Market Share
9.7.2.1. By Type
9.7.2.2. By Application
10. Asia Pacific Chocolate Market Outlook
10.1. Market Size by Value
10.2. Market Share
10.2.1. By Type
10.2.2. By Application
10.2.3. By Sales Channel
10.2.4. By Country
10.3. China Chocolate Market Outlook
10.3.1. Market Size by Value
10.3.2. Market Share
10.3.2.1. By Type
10.3.2.2. By Application
10.4. Japan Chocolate Market Outlook
10.4.1. Market Size by Value
10.4.2. Market Share
10.4.2.1. By Type
10.4.2.2. By Application
10.5. India Chocolate Market Outlook
10.5.1. Market Size by Value
10.5.2. Market Share
10.5.2.1. By Type
10.5.2.2. By Application
10.6. Australia Confectionery Market Outlook
10.6.1. Market Size by Value
10.6.2. Market Share
10.6.2.1. By Type
10.6.2.2. By Application
11. Latin America Chocolate Market Outlook
11.1. Market Size by Value
11.2. Market Share
11.2.1. By Type
11.2.2. By Application
11.2.3. By Sales Channel
11.2.4. By Country
11.3. Brazil Chocolate Market Outlook
11.3.1. Market Size by Value
11.3.2. Market Share
11.3.2.1. By Type
11.3.2.2. By Application
11.4. Argentina Chocolate Market Outlook
11.4.1. Market Size by Value
11.4.2. Market Share
11.4.2.1. By Type
11.4.2.2. By Application
11.5. Chile Chocolate Market Outlook
11.5.1. Market Size by Value
11.5.2. Market Share
11.5.2.1. By Type
11.5.2.2. By Application
12. Middle East & Africa Chocolate Market Outlook
12.1. Market Size by Value
12.2. Market Share
12.2.1. By Type
12.2.2. By Application
12.2.3. By Sales Channel
12.2.4. By Country
12.3. UAE Chocolate Market Outlook
12.3.1. Market Size by Value
12.3.2. Market Share
12.3.2.1. By Type
12.3.2.2. By Application
12.4. Saudi Arabia Chocolate Market Outlook
12.4.1. Market Size by Value
12.4.2. Market Share
12.4.2.1. By Type
12.4.2.2. By Application
12.5. Israel Chocolate Market Outlook
12.5.1. Market Size by Value
12.5.2. Market Share
12.5.2.1. By Type
12.5.2.2. By Application
12.6. South Africa Chocolate Market Outlook
12.6.1. Market Size by Value
12.6.2. Market Share
12.6.2.1. By Type
12.6.2.2. By Application
13. Market Dynamics
13.1. Key Drivers
13.2. Key Challenges
14. Market Trends and Developments
15. Company Profiles
15.1. Barry Callebaut
15.2. Ezaki Glico Co. Ltd
15.3. Ferrero
15.4. Godiva Chocolatier, Inc.
15.5. Lindt & Sprungli AG
15.6. Lotte Confectionery
15.7. Mars Wrignery
15.8. Meiji Holdings Co. Ltd
15.9. Mondel?z International
15.10. Nestle S.A
15.11. The Hershey Company
16. Strategic Recommendations
17. Disclaimer
List of Tables
Table 1: Global Chocolate Market Share By Application (2015, 2020 & 2026F)
Table 2: Global Chocolate Market Share by Sales Channel (2015, 2020 & 2026F)
Table 3: Global Chocolate Market Share by Region (2015, 2020 & 2026F)
Table 4: Global Confectionery MarketSize by Country (2015, 2020 & 2026F)
Table 5: Global Chocolate Market Share by Company (2020)
Table 6: North America Chocolate Market Share By Application (2015, 2020 & 2026F)
Table 7: North America Chocolate Market Share by Sales Channel (2015, 2020 & 2026F)
Table 8: North America Chocolate Market Share By Value By Country (2015, 2020 & 2026F)
Table 9: US Chocolate Market Share By Application (2015, 2020 & 2026F)
Table 10: Canada Chocolate Market Share By Application (2015, 2020 & 2026F)
Table 11: Mexico Chocolate Market Share By Application (2015, 2020 & 2026F)
Table 12: Europe Chocolate Market Share By Application (2015, 2020 & 2026F)
Table 13: Europe Chocolate Market Share by Sales Channel (2015, 2020 & 2026F)
Table 14: Europe Chocolate Market Share By Value By Country (2015, 2020 & 2026F)
Table 15: UK Chocolate Market Share By Application (2015, 2020 & 2026F)
Table 16: Germany Chocolate Market Share By Application (2015, 2020 & 2026F)
Table 17: France Chocolate Market Share By Application (2015, 2020 & 2026F)
Table 18: Italy Chocolate Market Share By Application (2015, 2020 & 2026F)
Table 19: Spain Chocolate Market Share By Application (2015, 2020 & 2026F)
Table 20: Asia Pacific Chocolate Market Share By Application (2015, 2020 & 2026F)
Table 21: Asia Pacific Chocolate Market Share by Sales Channel (2015, 2020 & 2026F)
Table 22: Asia Pacific Chocolate Market Share By Value By Country (2015, 2020 & 2026F)
Table 23: China Chocolate Market Share By Application (2015, 2020 & 2026F)
Table 24: Japan Chocolate Market Share By Application (2015, 2020 & 2026F)
Table 25: India Chocolate Market Share By Application (2015, 2020 & 2026F)
Table 26: Australia Confectionery Market Share By Application (2015, 2020 & 2026F)
Table 27: Latin America Chocolate Market Share By Application (2015, 2020 & 2026F)
Table 28: Latin America Chocolate Market Share by Sales Channel (2015, 2020 & 2026F)
Table 29: Latin America Chocolate Market Share By Value By Country (2015, 2020 & 2026F)
Table 30: Brazil Chocolate Market Share By Application (2015, 2020 & 2026F)
Table 31: Argentina Chocolate Market Share By Application (2015, 2020 & 2026F)
Table 32: Chile Chocolate Market Share By Application (2015, 2020 & 2026F)
Table 33: Middle East & Africa Chocolate Market Share By Application (2015, 2020 & 2026F)
Table 34: Middle East & Africa Chocolate Market Share by Sales Channel (2015, 2020 & 2026F)
Table 35: Middle East & Africa Chocolate Market Share By Value By Country (2015, 2020 & 2026F)
Table 36: UAE Chocolate Market Share By Application (2015, 2020 & 2026F)
Table 37: Saudi Arabia Chocolate Market Share By Application (2015, 2020 & 2026F)
Table 38: Israel Chocolate Market Share By Application (2015, 2020 & 2026F)
Table 39: South Africa Chocolate Market Share By Application (2015, 2020 & 2026F)
Table 40: Key Facts of Barry Callebaut
Table 41: Key Facts of Ezaki Glico Co. Ltd
Table 42: Key Facts of Ferrero
Table 43: Key Facts of Godiva Chocolatier, Inc.
Table 44: Key Facts of Lindt & Sprungli AG
Table 45: Key Facts of Lotte Confectionery
Table 46: Key Facts of Mars Wrignery
Table 47: Key Facts of Meiji Holdings Co. Ltd
Table 48: Key Facts of Mondel?z International
Table 49: Key Facts of Nestle S.A
Table 50: Key Facts of The Hershey Company
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List of Figures
Figure 1: Global Chocolate Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 2: Global Chocolate Market Share By Type (2015, 2020 & 2026F)
Figure 3: Global Dark Chocolate Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 4: Global White Chocolate Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 5: Global Milk Chocolate Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 6: North America Chocolate Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 7: North America Chocolate Market Share By Type (2015, 2020 & 2026F)
Figure 8: US Chocolate Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 9: US Chocolate Market Share By Type (2015, 2020 & 2026F)
Figure 10: Canada Chocolate Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 11: Canada Chocolate Market Share By Type (2015, 2020 & 2026F)
Figure 12: Mexico Chocolate Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 13: Mexico Chocolate Market Share By Type (2015, 2020 & 2026F)
Figure 14: Europe Chocolate Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 15: Europe Chocolate Market Share By Type (2015, 2020 & 2026F)
Figure 16: UK Chocolate Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 17: UK Chocolate Market Share By Type (2015, 2020 & 2026F)
Figure 18: Germany Chocolate Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 19: Germany Chocolate Market Share By Type (2015, 2020 & 2026F)
Figure 20: France Chocolate Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 21: France Chocolate Market Share By Type (2015, 2020 & 2026F)
Figure 22: Italy Chocolate Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 23: Italy Chocolate Market Share By Type (2015, 2020 & 2026F)
Figure 24: Spain Chocolate Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 25: Spain Chocolate Market Share By Type (2015, 2020 & 2026F)
Figure 26: Asia Pacific Chocolate Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 27: Asia Pacific Chocolate Market Share By Type (2015, 2020 & 2026F)
Figure 28: China Chocolate Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 29: China Chocolate Market Share By Type (2015, 2020 & 2026F)
Figure 30: Japan Chocolate Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 31: Japan Chocolate Market Share By Type (2015, 2020 & 2026F)
Figure 32: India Chocolate Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 33: India Chocolate Market Share By Type (2015, 2020 & 2026F)
Figure 34: Australia Confectionery Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 35: Australia Confectionery Share By Type (2015, 2020 & 2026F)
Figure 36: Latin America Chocolate Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 37: Latin America Chocolate Market Share By Type (2015, 2020 & 2026F)
Figure 38: Brazil Chocolate Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 39: Brazil Chocolate Market Share By Type (2015, 2020 & 2026F)
Figure 40: Argentina Chocolate Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 41: Argentina Chocolate Market Share By Type (2015, 2020 & 2026F)
Figure 42: Chile Chocolate Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 43: Chile Chocolate Market Share By Type (2015, 2020 & 2026F)
Figure 44: Middle East & Africa Chocolate Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 45: Middle East & Africa Chocolate Market Share By Type (2015, 2020 & 2026F)
Figure 46: UAE Chocolate Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 47: UAE Chocolate Market Share By Type (2015, 2020 & 2026F)
Figure 48: Saudi Arabia Chocolate Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 49: Saudi Arabia Chocolate Market Share By Type (2015, 2020 & 2026F)
Figure 50: Israel Chocolate Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 51: Israel Chocolate Market Share By Type (2015, 2020 & 2026F)
Figure 52: South Africa Chocolate Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 53: South Africa Chocolate Market Share By Type (2015, 2020 & 2026F)
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