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. 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 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 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?
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