Global Vegan Chocolate Confectionery Market Size & Outlook

The vegan chocolate confectionery industry worldwide is expected to reach a projected revenue of US$ 1,414.5 million by 2028. A compound annual growth rate of 14.9% is expected of the worldwide vegan chocolate confectionery industry from 2022 to 2028.
Revenue, 2021 (US$M)
$535.6
Forecast, 2028 (US$M)
$1,414.5
CAGR, 2022 - 2028
14.9%
Report Coverage
Worldwide

Global vegan chocolate confectionery market, 2016-2028 (US$M)

Global vegan chocolate confectionery market highlights

  • The global vegan chocolate confectionery market generated a revenue of USD 535.6 million in 2021 and is expected to reach USD 1,414.5 million by 2028.
  • The market is expected to grow at a CAGR (2022 - 2028) of 14.9% by 2028.
  • In terms of segment, molded bars accounted for a revenue of USD 228.8 million in 2021.
  • Chips & Bites is the most lucrative type segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2021.
  • Country-wise, Russia is expected to register the highest CAGR from 2022 to 2028.

Global data book summary

Market revenue in 2021USD 535.6 million
Market revenue in 2028USD 1,414.5 million
Growth rate14.9% (CAGR from 2021 to 2028)
Largest segmentMolded bars
Fastest growing segmentChips & Bites
Historical data covered2016 - 2020
Base year for estimation2021
Forecast period covered2022 - 2028
Quantitative unitsRevenue in USD million
Market segmentationMolded Bars, Boxed, Chips & Bites, Truffles & Cups

Other key industry trends

  • In terms of revenue, the North America accounted for 37.2% of the global vegan chocolate confectionery market in 2021.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2028.
  • By country, Russia is the fastest growing regional market and is projected to reach USD 13.8 million by 2028.

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Vegan Chocolate Confectionery Market Companies

Name Profile # Employees HQ Website

Global vegan chocolate confectionery 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 vegan chocolate confectionery market will help companies and investors design strategic landscapes.


Molded bars was the largest segment with a revenue share of 42.72% in 2021. Horizon Databook has segmented the Global vegan chocolate confectionery market based on molded bars, boxed, chips & bites, truffles & cups covering the revenue growth of each sub-segment from 2016 to 2028.


  • Global Vegan Chocolate Confectionery Type Outlook (Revenue, USD Million, 2016-2028)
    • Molded Bars
    • Boxed
    • Chips & Bites
    • Truffles & Cups
  • Global Vegan Chocolate Confectionery Product Outlook (Revenue, USD Million, 2016-2028)
    • Milk
    • Dark
    • White
  • Global Vegan Chocolate Confectionery Distribution Channel Outlook (Revenue, USD Million, 2016-2028)
    • Offline
    • Online

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Target buyers of Global vegan chocolate confectionery market databook

  • Our clientele includes a mix of vegan chocolate confectionery market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • 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 global-level data and insights on the Global vegan chocolate confectionery market, including forecasts for subscribers. This global databook contains high-level insights into Global vegan chocolate confectionery market from 2016 to 2028, including revenue numbers, major trends, and company profiles.

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Global vegan chocolate confectionery market size, by regions, 2016-2028 (US$M)

Top 10 countries: Vegan chocolate confectionery market size, 2021 (US$M)

Global vegan chocolate confectionery market share, by type, 2021 & 2028 (%, US$M)

Vegan chocolate confectionery market: Opportunity assessment by country

Global vegan chocolate confectionery market, by region, 2021 (US$M)

Global vegan chocolate confectionery market size, by regions, 2016-2028 (US$M)

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