Market revenue in 2021 | USD 12.1 million |
Market revenue in 2028 | USD 33.5 million |
Growth rate | 15.6% (CAGR from 2021 to 2028) |
Largest segment | Molded bars |
Fastest growing segment | Truffles & Cups |
Historical data | 2016 - 2020 |
Base year | 2021 |
Forecast period | 2022 - 2028 |
Quantitative units | Revenue in USD million |
Market segmentation | Molded Bars, Boxed, Chips & Bites, Truffles & Cups |
Key market players worldwide | Chocoladefabriken Lindt & Spruengli AG, Mondelez International Inc Class A, Alter Eco, Equal Exchange, Goodio.fi, Montezuma's Chocolates, Evolved Foods |
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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 39.67% in 2021. Horizon Databook has segmented the Belgium 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.
Key players in the bakery industry are launching new vegan products, especially chocolate confections, and expanding their operations to fulfill the rising demand from consumers. In September 2019, French Made Pâtisserie, a vegan French bakery announced the start of its operations in Belgium. Such market trends are expected to boost the demand for vegan chocolate confectionery over the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the Belgium vegan chocolate confectionery market, including forecasts for subscribers. This country databook contains high-level insights into Belgium vegan chocolate confectionery market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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