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Global chocolate market projected to show $45 billion growth over five ...
A sustained pattern of growth has been projected for the global chocolate market, which is expected to deliver a total of $45.78 billion increase in value between 2022 and 2027, with premium brands leading the pack for delivering its enhanced performance, reports Neill Barston.
Cocoa rally and market tumult hoist systematic hedge funds
Record cocoa prices and markets whipped around by inflation and geopolitics helped hedge funds using systematic strategies outperform their peers in the first quarter, according to industry ...
Premium Chocolate Market Size, Share & Trends Report, 2030
The global premium chocolate market size was valued at USD 75.32 billion in 2021 and will expand further at a compound annual growth rate (CAGR) of 9.3% from 2022 to 2030. The major factors propelling the growth of premium product ranges are continuous innovation by manufacturers among products which is pushing the envelope towards various new flavors to attract consumers
Cocoa prices hit $10,000 per metric ton for the first time ever - CNBC
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Cocoa prices surge to record highs during the Easter shopping season
Cocoa prices surge to record highs during the Easter shopping season Chocolate rabbits are around 7% more expensive than last year and cost around $2.99, according to NeilsenIQ
Exclusive: African cocoa plants run out of beans as global chocolate ...
Major African cocoa plants in Ivory Coast and Ghana have stopped or cut processing because they cannot afford to buy beans, four trading sources said, meaning chocolate prices around the world are ...
Chocolate prices to keep rising as West Africa's cocoa crisis deepens
A cocoa pod grows on a farm in Osino in the Eastern Region, Ghana, February 27, 2024. REUTERS/Francis Kokoroko. In its most sobering assessment to date, according to data compiled since 2018 and ...
Chocolate Market Size, Share, Research and Analysis | 2032
The global chocolate market size reached a value of around USD 133.32 billion in 2023. The market is further expected to grow at a CAGR of 4.4% in the forecast period of 2024-2032 to attain a value of USD 196.43 billion by 2032. Chocolate Market | Global Industry Report, Size, Share, Growth, Price Analysis, Trends, Outlook and Forecast 2024 ...
Chocolate Market Size, Share and Growth Analysis 2025 | AMR
The leading market players have focused on consumer preferences, which are likely to generate growth in regions of Latin America, Middle East, and Africa. The report on the global chocolate market is segmented based on type of chocolate, sales category, and geography. Based on type of chocolate, it includes dark, milk, and white chocolate.
How sweet it isn't: Cocoa prices hit record highs ahead of Easter ...
Iconic chocolate brand linked to child labor in Ghana 07:46. Chocolate Easter bunnies and eggs will likely come at a higher cost for consumers this year as the price of cocoa climbs to record highs.
Chocolate is having a moment | CNN Business
In the year through October 30, chocolate sales hit $17.7 billion in US retail, according to data from market research firm IRI, up from $14.6 billion for the year in 2019. Chocolate sales are ...
Cocoa Powers Toward $10,000 as Shortages Drive Relentless Rally
Cocoa climbed near an unprecedented $10,000 a ton in New York as a global shortage rattles the market and raises the cost of chocolate.. Futures have more than doubled this year to an all-time ...
Chocolate Market Size & Share, Growth Analysis 2024-2032
Chocolate Market size was valued at USD 120.42 billion in 2023 and is estimated to expand at 3.3% CAGR from 2024 to 2032. People of all ages love chocolate because of its special blend of rich flavor and sweetness as well as its ability to increase endorphin production. Additionally, chocolate's appeal has grown across a variety of events, from ...
As cocoa prices soar this Easter, chocolatiers consider alternatives ...
Cocoa prices are surging so high, the Easter Bunny might want to hoard its chocolate. Consumers hunting for Easter eggs and chocolate bunnies this year can expect sticker shock similar to ...
Chocolate Market Size & Share Analysis - Industry Research Report ...
The chocolate market in Europe registered a CAGR of 4.41% during the forecast period. North America is the second-largest chocolate market globally. The sales value of chocolates is anticipated to grow by 29.40% in 2027 compared to 2022. Americans have a strong affinity for chocolate, and it is often associated with celebrations, special ...
Cocoa Is More Expensive Than Copper as It Tops $9,000 - Bloomberg.com
Cocoa extended its surge — gaining more than $700 per ton in a single day and surpassing $9,000 for the first time ever — as a supply crunch grips the market and chocolate makers grapple for ...
Chocolate Market Size, Share & Trends Analysis Report 2030
Chocolate Market Size & Trends. The global chocolate market size was estimated at USD 119.39 billion in 2023 and is anticipated to grow at a compound annual growth rate (CAGR) of 4.1% from 2024 to 2030. Consumer consciousness regarding the health benefits of eating high-quality chocolate, remains the key driver of the market.
Chocolate Market: Global Industry Trends, Share, Size, Growth ...
Description. Methodology. The global chocolate market size reached US$ 156.8 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 181.8 Billion by 2028, exhibiting a CAGR of 2.5% during 2022-2028. Chocolate is a sweet, edible product made from roasted and ground cocoa beans. It is rich in carbohydrates, essential ...
Chocolate Market: Global Industry Analysis and Forecast 2030
Chocolate Market size was valued at US$ 145.11 Bn in 2023 and the total revenue is expected to grow at 5.1% through 2024 to 2030, reaching nearly US$ 205.55 Bn. Chocolate Market Overview: Chocolate is made by baking cacao seeds from Theobroma cacao tree pods. To make the paste, the cacao beans are gathered, roasted, dried, and pulverised.
Chocolate Market to Surpass USD 273.4 Billion by 2033, with Sustainable ...
According to Marketresearch.biz, the industrial chocolate market is marked by robust competitiveness, led by major players like Mars Incorporated, Ferrero International, Mondelez International Inc ...
Statistics & Facts on Chocolate Consumption and Industry | Statista
United States. While changing consumer behavior, such as increased attention to sustainable food production and healthy lifestyle choices, poses new challenges for the chocolate industry to ensure ...
Chocolademarkt reviews, ervaringen en beoordelingen
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North America Chocolate Market Size Report, 2030 - Grand View Research
Report Overview. The North America chocolate market size was valued at USD 39.4 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.3% from 2022 to 2030. Impulse purchases and increased interest in luxury and premium chocolates are two key elements driving the market.Chocolate manufacturers are increasingly ...
Chocolate Market Size, Opportunity & Forecast 2020-2026 - KBV Research
The Global Chocolate Market size is expected to reach $171.6 billion by 2026, rising at a market growth of 5.3% CAGR during the forecast period. Chocolate is the most widely-consumed sweet treat in the world. The World Cocoa Foundation states that cocoa beans have a consumption value of over 3 million tons every year.
Rich cocoa prices hitting shoppers with bitter chocolate costs as ...
The company has said it commands a 13% share in the global chocolate market. It acknowledged price increases of up to 15% within its chocolate category in 2023 and higher prices will likely be a key factor in meeting revenue growth forecasts for up to 5% in 2024.
Cocoa Breaks $10,000 Record, With Pricier Chocolate to Follow
Cocoa futures surged above an unprecedented $10,000 a metric ton on Tuesday before erasing gains and taking a breather from a historic rally that has seen prices of the key chocolate ingredient ...
Chocolate Market Research | Global Industry Analysis & Forecast To 2028
The global chocolate market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The market is driven by factors such as increasing demand for chocolate in emerging economies and growing health consciousness among consumers. The dark chocolate segment accounted for the largest share of the global chocolate market ...
Chocolate Market - Persistence Market Research
Chocolate Market Outlook (2022-2032) The global chocolate market was valued at US$ 47 Bn in 2021 and is likely to reach US$ 80 Bn by 2032, expanding at a CAGR of 5% during the forecast period (2022-2032). Europe is projected to capture the largest share of the global chocolate market during the forecast period. Report Attribute.
Cocoa and Chocolate Market Size, Trends | Growth Report, 2029
The global cocoa and chocolate market size was valued at USD 46.61 billion in 2021. The market is projected to grow from USD 48.29 billion in 2022 to USD 67.88 billion by 2029, exhibiting a CAGR of 4.98% during the forecast period. The global COVID-19 pandemic has been unprecedented and staggering, with experiencing lower-than-anticipated ...
US Chocolate Market SIZE & SHARE ANALYSIS - Mordor Intelligence
The US Chocolate Market is expected to reach USD 27.07 billion in 2024 and grow at a CAGR of 5.22% to reach USD 36.72 billion by 2030. Chocoladefabriken Lindt & Sprüngli AG, Ferrero International SA, Mars Incorporated, Mondelēz International Inc. and The Hershey Company are the major companies operating in the market.
31 Current Chocolate Statistics (Market Data 2024) - Dame Cacao
The chocolate market in China is projected to reach $4 billion by 2025. The global chocolate industry is worth $127.9 billion in 2024. In 2021, just 2 countries grew over 60% of the global cacao supply. Just 3.1% of the world's cocoa is certified organic. Cacao farmers only earn an average of 6% of the final price of a chocolate bar.
Chocolate Market Size USD 193.01 Million by 2030 - Vantage Market Research
Market Synopsis. Global Chocolate Market is valued at USD 136.76 Million in the year 2022 and is projected to reach a value of USD 193.01 Million by the year 2030. The Market is expected to grow at a Compound Annual Growth Rate (CAGR) of 4.40% over the forecast period. Chocolate is a sweet food that has been around since ancient times.
Costco fans excited about chocolate nest cake’s return for Easter: ‘I ...
Costco fans in the United Kingdom were excited to see the company’s round chocolate nest cake had returned to some stores ahead of Easter weekend. The cake looks like a bird's nest made out of ...