Market revenue in 2021 | USD 9.2 million |
Market revenue in 2028 | USD 26.1 million |
Growth rate | 16.1% (CAGR from 2021 to 2028) |
Largest segment | Molded bars |
Fastest growing segment | Chips & Bites |
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 40.22% in 2021. Horizon Databook has segmented the Switzerland 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 vegetarianism/veganism is substantially growing in Switzerland. People are becoming more and more aware of environmental concerns and animal cruelty. According to the statistics published in July 2019 by ‘LIVEKINDLY’, an estimated 3% of Switzerland’s population, which is around 250,000 people, is vegan.
Younger people and working-class population are propelling the demand for vegan food, including chocolate confectionery. These consumer trends foretell strong 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 Switzerland vegan chocolate confectionery market, including forecasts for subscribers. This country databook contains high-level insights into Switzerland vegan chocolate confectionery market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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