Latin America Premium Chocolate Market Size & Outlook
The premium chocolate market in Latin America is expected to reach a projected revenue of US$ 1,929.8 million by 2030. A compound annual growth rate of 3.6% is expected of Latin America premium chocolate market from 2025 to 2030.
Revenue, 2024 (US$M)
$1,575.1
Forecast, 2030 (US$M)
$1,929.8
CAGR, 2025 - 2030
3.6%
Report Coverage
Latin America
Related Markets
Latin America premium chocolate market highlights
- The Latin America premium chocolate market generated a revenue of USD 1,617.1 million in 2024.
- The market is expected to grow at a CAGR of 3.6% from 2025 to 2029.
- In terms of segment, milk chocolate was the largest revenue generating product in 2024.
- Dark Chocolate is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2025 to 2029.
Latin America data book summary
| Market revenue in 2024 | USD 1,617.1 million |
| Market revenue in 2029 | USD 1,929.8 million |
| Growth rate | 3.6% (CAGR from 2024 to 2029) |
| Largest segment | Milk chocolate |
| Fastest growing segment | Dark Chocolate |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2029 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Dark Chocolate, Milk Chocolate, White Chocolate |
| Key market players worldwide | Chocoladefabriken Lindt & Spruengli AG, Ferrero, Endangered Species Chocolates, The Hershey Company, Mondelez International Inc Class A, YILDIZ HOLDING, Lake Champlain Chocolates, CÉMOI Group, Rococo Chocolates |
Other key industry trends
- In terms of revenue, Latin America region accounted for 4.9% of the global premium chocolate market in 2024.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2029.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 9,394.6 million by 2029.
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Premium Chocolate Market Scope
Premium chocolate market segmentation & scope
Others
Premium Chocolate Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| CÉMOI Group | View profile | 1001-5000 | Perpignan, Languedoc-Roussillon, France, Europe | https://group.cemoi.com/ |
| Endangered Species Chocolates | View profile | 51-100 | Indianapolis, Indiana, United States, North America | http://www.chocolatebar.com |
| Lake Champlain Chocolates | View profile | 101-250 | Burlington, Vermont, United States, North America | http://lakechamplainchocolates.com |
| Rococo Chocolates | View profile | - | West Norwood, Lambeth, United Kingdom, Europe | http://www.rococochocolates.com |
| Ferrero | View profile | 10001+ | Luxembourg, Luxembourg, Luxembourg, Europe | https://www.ferrero.com |
| Chocoladefabriken Lindt & Spruengli AG | View profile | 14746 | Seestrasse 204, Kilchberg, Switzerland, CH-8802 | https://www.lindt-spruengli.com |
| The Hershey Company | View profile | 10001+ | Hershey, Pennsylvania, United States, North America | http://thehersheycompany.com |
| YILDIZ HOLDING | View profile | 10001+ | Istanbul, Istanbul, Turkey, Europe | http://english.yildizholding.com.tr/en |
| Mondelez International Inc Class A | View profile | 91000 | 905 West Fulton Market, Suite 200, Chicago, IL, United States, 60607 | https://www.mondelezinternational.com |
Latin America premium chocolate market size, by country, 2018-2030 (US$M)
Latin America Premium Chocolate Market Outlook Share, 2024 & 2030 (US$M)
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