UK Hot Chocolate Market Size & Outlook, 2019-2027

The hot chocolate market in UK is expected to reach a projected revenue of US$ 59.7 million by 2027. A compound annual growth rate of 3% is expected of UK hot chocolate market from 2020 to 2027.
Revenue, 2019 (US$M)
$47.1
Forecast, 2027 (US$M)
$59.7
CAGR, 2020 - 2027
3%
Report Coverage
UK

UK hot chocolate market highlights

  • The UK hot chocolate market generated a revenue of USD 47.1 million in 2019 and is expected to reach USD 59.7 million by 2027.
  • The UK market is expected to grow at a CAGR of 3% from 2020 to 2027.
  • In terms of segment, offline was the largest revenue generating distribution channel in 2019.
  • Online is the most lucrative distribution channel segment registering the fastest growth during the forecast period.


Hot chocolate market data book summary

Market revenue in 2019USD 47.1 million
Market revenue in 2027USD 59.7 million
Growth rate3% (CAGR from 2019 to 2027)
Largest segmentOffline
Fastest growing segmentOnline
Historical data2016 - 2018
Base year2019
Forecast period2020 - 2027
Quantitative unitsRevenue in USD million
Market segmentationOffline, Online
Key market players worldwideNestle SA, Mondelez International Inc Class A, The Hershey Company, Mars Group Holdings Corp, Chocoladefabriken Lindt & Spruengli AG, Associated British Foods PLC, Xucker, Cocosutra, Haribo, Valrhona, Twinings


Other key industry trends

  • In terms of revenue, UK accounted for 1.5% of the global hot chocolate market in 2019.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
  • In Europe, Germany hot chocolate market is projected to lead the regional market in terms of revenue in 2027.
  • UK is the fastest growing regional market in Europe and is projected to reach USD 59.7 million by 2027.

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Hot Chocolate Market Scope

Hot chocolate market segmentation & scope

Hot Chocolate Market Companies

Name Profile # Employees HQ Website

UK 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 92.99% in 2019. Horizon Databook has segmented the UK hot chocolate market based on offline, online covering the revenue growth of each sub-segment from 2016 to 2027.


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Horizon Databook provides a detailed overview of country-level data and insights on the UK hot chocolate market, including forecasts for subscribers. This country databook contains high-level insights into UK hot chocolate market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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UK hot chocolate market size, by distribution channel, 2016-2027 (US$M)

UK Hot Chocolate Market Share, 2019 & 2027 (US$M)

UK hot chocolate market size, by distribution channel, 2016-2027 (US$M)

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