Market revenue in 2021 | USD 26.2 million |
Market revenue in 2028 | USD 66.4 million |
Growth rate | 14.2% (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 43.13% in 2021. Horizon Databook has segmented the Germany 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.
The trend of veganism is significantly rising among consumers in Germany. According to a study conducted in seven European countries by Veganz Group, a Berlin-based producer and supermarket chain, the vegan population in the country increased from 1.3 million in 2016 to 2.6 million in 2020. These consumer trends are anticipated to boost the demand for vegan chocolate confectionery in the country over the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany vegan chocolate confectionery market, including forecasts for subscribers. This country databook contains high-level insights into Germany vegan chocolate confectionery market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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