Australia Chocolate Market Size & Outlook, 2023-2030

The chocolate market in Australia is expected to reach a projected revenue of US$ 874.9 million by 2030. A compound annual growth rate of 5% is expected of Australia chocolate market from 2024 to 2030.
Revenue, 2023 (US$M)
$619.8
Forecast, 2030 (US$M)
$874.9
CAGR, 2024 - 2030
5%
Report Coverage
Australia

Australia chocolate market highlights

  • The Australia chocolate market generated a revenue of USD 619.8 million in 2023 and is expected to reach USD 874.9 million by 2030.
  • The Australia market is expected to grow at a CAGR of 5% from 2024 to 2030.
  • In terms of segment, traditional was the largest revenue generating product in 2023.
  • Artificial is the most lucrative product segment registering the fastest growth during the forecast period.

Chocolate market data book summary

Market revenue in 2023USD 619.8 million
Market revenue in 2030USD 874.9 million
Growth rate5% (CAGR from 2023 to 2030)
Largest segmentTraditional
Fastest growing segmentArtificial
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationTraditional, Artificial
Key market players worldwideBarry Callebaut AG, Chocoladefabriken Lindt & Spruengli AG, Mondelez International Inc Class A, Nestle SA, The Hershey Co, Ferrero, Mars Group Holdings Corp, Meiji Holdings Co Ltd, Arcor, The Australian Carob Company

Other key industry trends

  • In terms of revenue, Australia accounted for 0.5% of the global chocolate market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China chocolate market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 3,225.8 million by 2030.

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Chocolate Market Companies

Name Profile # Employees HQ Website

Australia 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 99.47% in 2023. Horizon Databook has segmented the Australia chocolate market based on traditional, artificial covering the revenue growth of each sub-segment from 2018 to 2030.


  • Australia Chocolate Product Outlook (Revenue, USD Million, 2018-2030)
    • Traditional
      • Dark
      • Milk
      • White
    • Artificial
  • Australia Chocolate Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
    • Supermarket & Hypermarket
    • Convenience Store
    • Online

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Target buyers of Australia chocolate market databook

  • Our clientele includes a mix of chocolate market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Australia chocolate market , including forecasts for subscribers. This country databook contains high-level insights into Australia chocolate market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Australia chocolate market size, by product, 2018-2030 (US$M)

Australia Chocolate Market Outlook Share, 2023 & 2030 (US$M)

Australia chocolate market size, by product, 2018-2030 (US$M)

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