Global Chocolate Market Size & Outlook, 2025-2033
Global chocolate market, 2021-2033 (US$M)
Related Markets
Global chocolate market highlights
- The global chocolate market generated a revenue of USD 123,051.4 million in 2024 and is expected to reach USD 184,693.6 million by 2033.
- The market is expected to grow at a CAGR (2025 - 2033) of 4.8% by 2033.
- In terms of segment, traditional accounted for a revenue of USD 126,292.7 million in 2024.
- Artificial is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2024.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2033.
Global data book summary
| Market revenue in 2024 | USD 123,051.4 million |
| Market revenue in 2033 | USD 184,693.6 million |
| Growth rate | 4.8% (CAGR from 2025 to 2033) |
| Largest segment | Traditional |
| Fastest growing segment | Artificial |
| Historical data covered | 2021 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Artificial, Traditional |
Other key industry trends
- In terms of revenue, the North America accounted for 17.3% of the global chocolate market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2033.
- By country, India is the fastest growing regional market and is projected to reach USD 4,270.1 million by 2033.
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Chocolate Market Scope
Chocolate Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Arcor | View profile | 1001-5000 | Buenos Aires, Distrito Federal, Argentina, South America | http://www.arcor.com |
| The Australian Carob Company | View profile | 51-100 | Booborowie, South Australia, Australia, Oceania | https://www.australiancarobs.com |
| Ferrero | View profile | 10001+ | Luxembourg, Luxembourg, Luxembourg, Europe | https://www.ferrero.com |
| The Hershey Co | View profile | 20505 | 19 East Chocolate Avenue, Hershey, PA, United States, 17033 | https://www.thehersheycompany.com |
| Chocoladefabriken Lindt & Spruengli AG | View profile | 14746 | Seestrasse 204, Kilchberg, Switzerland, CH-8802 | https://www.lindt-spruengli.com |
| Mars Group Holdings Corp | View profile | 755 | 1-10-7 Shinjuku, Shinjuku-ku, Tokyo, Japan, 160-0022 | http://www.mars-ghd.co.jp |
| Mondelez International Inc Class A | View profile | 91000 | 905 West Fulton Market, Suite 200, Chicago, IL, United States, 60607 | https://www.mondelezinternational.com |
| Barry Callebaut AG | View profile | 13615 | Hardturmstrasse 181, Zurich, Switzerland, 8005 | https://www.barry-callebaut.com |
| Meiji Holdings Co Ltd | View profile | 24532 | 4-16, Kyobashi 2-chome, Chuo-ku, Tokyo, Japan, 104-0031 | http://www.meiji.com |
| Nestle SA | View profile | 270000 | Avenue Nestle 55, Vevey, Switzerland, CH-1800 | https://www.nestle.com |
Global chocolate market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to chocolate market will help companies and investors design strategic landscapes.
Traditional was the largest segment with a revenue share of 102.63% in 2024. Horizon Databook has segmented the Global chocolate market based on artificial, traditional covering the revenue growth of each sub-segment from 2021 to 2033.
- Global Chocolate Product Outlook (Revenue, USD Million, 2021-2033)
- Traditional
- Dark
- Milk
- White
- Artificial
- Traditional
- Global Chocolate Distribution Channel Outlook (Revenue, USD Million, 2021-2033)
- Supermarket & Hypermarket
- Convenience Store
- Online
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Target buyers of Global chocolate market databook
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Our clientele includes a mix of chocolate market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global chocolate market , including forecasts for subscribers. This global databook contains high-level insights into Global chocolate market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Partial client list
Global chocolate market size, by regions, 2021-2033 (US$M)
Top 10 countries: Chocolate market size, 2024 (US$M)
Global chocolate market share, by product, 2024 & 2033 (%, US$M)
Chocolate market: Opportunity assessment by country
Global chocolate market, by region, 2024 (US$M)
Related statistics
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