Global Hot Chocolate Market Size & Outlook, 2019-2027
Global hot chocolate market, 2016-2027 (US$M)
Related Markets
Global hot chocolate market highlights
- The global hot chocolate market generated a revenue of USD 3,238.5 million in 2019 and is expected to reach USD 4,449.0 million by 2027.
- The market is expected to grow at a CAGR (2020 - 2027) of 4% by 2027.
- In terms of segment, offline accounted for a revenue of USD 3,056.1 million in 2019.
- Online is the most lucrative distribution channel segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2019.
- Country-wise, Germany is expected to register the highest CAGR from 2020 to 2027.
Global data book summary
| Market revenue in 2019 | USD 3,238.5 million |
| Market revenue in 2027 | USD 4,449.0 million |
| Growth rate | 4% (CAGR from 2019 to 2027) |
| Largest segment | Offline |
| Fastest growing segment | Online |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Offline, Online |
Other key industry trends
- In terms of revenue, the North America accounted for 23.3% of the global hot chocolate market in 2019.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2027.
- By country, Germany is the fastest growing regional market and is projected to reach USD 61.7 million by 2027.
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Hot Chocolate Market Scope
Hot Chocolate Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global hot 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 hot chocolate market will help companies and investors design strategic landscapes.
Offline was the largest segment with a revenue share of 94.37% in 2019. Horizon Databook has segmented the Global hot chocolate market based on offline, online covering the revenue growth of each sub-segment from 2016 to 2027.
- Global Hot Chocolate Distribution Channel Outlook (Revenue, USD Million, 2016-2027)
- Offline
- Online
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Target buyers of Global hot chocolate market databook
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Our clientele includes a mix of hot 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 hot chocolate market, including forecasts for subscribers. This global databook contains high-level insights into Global hot chocolate market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
Partial client list
Global hot chocolate market size, by regions, 2016-2027 (US$M)
Top 10 countries: Hot chocolate market size, 2019 (US$M)
Global hot chocolate market share, by distribution channel, 2019 & 2027 (%, US$M)
Hot chocolate market: Opportunity assessment by country
Global hot chocolate market, by region, 2019 (US$M)
Related regional statistics
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