The widespread health and wellness trend continues to have an impact on the dark chocolate market, with manufacturers incorporating organic ingredients and natural sweeteners. The preference for dark chocolate over milk chocolate due to its health benefits remains unchanged.
Data Bridge Market Research analyses that the dark chocolate market was valued at USD 55.5 billion in 2021 and is expected to reach the value of USD 102.73 billion by 2029, at a CAGR of 8.00% during the forecast period of 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Some of the major players operating in the dark chocolate market are:
- Cemoi Chocolatier (France)
- Republica del Cacao (Ecuador)
- Nestlé S.A. (Switzerland)
- Mars Incorporated (U.S.)
- Fuji Oil Holdings Inc. (Japan)
- Guittard Chocolate Co. (U.S.)
- Ghirardelli Chocolate Co. (U.S.)
- Varihona Inc. (France)
- Barry Callebaut AG (Switzerland)
- Alpezzi Chocolate SA De CV (Mexico)
- Kerry Group Plc (Ireland),
- Olam International Ltd. (Singapore)
- Tcho Ventures Inc. (U.S.)
- The Hershey Company (U.S.)
- Cargill, Incorporated (U.S.)
- Blommer Chocolate Company (U.S.)
- Foley's Candies LP (Canada)
- Puratos Group Nv (Belgium)
- Ferrero International S.A. (Italy)
Global Dark Chocolate Market Scope
The dark chocolate market is segmented on the basis of product type, type, application and sales channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Organic Dark Chocolate
- Convectional Dark Chocolate
Type
- 70% Cocoa Dark Chocolate
- 75% Cocoa Dark Chocolate
- 80% Cocoa Dark Chocolate
- 90% Cocoa Dark Chocolate
Application
- Food
- Beverages
- Personal Care and Cosmetics
- Pharmaceuticals
- Other Applications
Sales channel
- Food
- Beverages
- Personal Care and Cosmetics
- Pharmaceuticals
- Other Applications
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Dark Chocolate Market Regional Analysis/Insights
The dark chocolate market is analysed and market size insights and trends are provided by country, product type, type, application and sales channel as referenced above.
The countries covered in the dark chocolate market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Europe dominates the dark chocolate market due to rising consumer demand for dark products, increased product availability in retail stores, increased emphasis on texture for a multisensory experience, and rising consumer income levels in this region.
The Middle East and Africa are expected to be the fastest growing regions in terms of dark chocolate market growth because of the increasing number of specialty retailers and recent changes in lifestyle and consumption patterns in this region
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