Premium Chocolate Market Size To Reach $40.60 Billion By 2030

Premium Chocolate Market Growth & Trends

The global premium chocolate market size is estimated to reach USD 40.60 billion in 2030 and is projected to grow at a CAGR of 4.3% from 2025 to 2030, according to a new report by Grand View Research, Inc.  Rising consumer demand for high-quality and artisanal products is a major force driving the market growth. Consumers today are more informed and discerning about the products they purchase, especially when it comes to food. This has led to a shift from mass-produced chocolates to those made with superior ingredients and crafted using traditional, small-batch methods. Artisanal chocolate makers often emphasize quality over quantity, using higher cocoa content, minimal processing, and natural ingredients without artificial additives or preservatives. This results in a richer, more authentic flavor, which appeals to consumers seeking a gourmet experience.

The trend toward ethical and sustainable production has also played a critical role in boosting demand for premium chocolates. Many consumers, particularly millennials and Gen Z, are increasingly conscious of the social and environmental impact of their purchases. They seek out chocolates that use ethically sourced cocoa beans, often certified by organizations such as Fair Trade or Rainforest Alliance, ensuring fair wages and better working conditions for farmers. Organic and non-GMO certifications further appeal to health-conscious buyers who prioritize purity and sustainability in their food choices.

In addition, unique flavors and innovative combinations are key factors attracting premium chocolate buyers. Beyond traditional flavors, chocolatiers are experimenting with exotic ingredients like spices, fruits, and botanicals, creating new taste experiences that differentiate premium products from regular chocolates. This experimentation extends to the inclusion of ingredients like single-origin cocoa, which can offer distinctive regional flavor profiles, much like wine. This sense of exclusivity and novelty increases the appeal of premium chocolates for consumers who value not only taste but also the story behind the product.

The premiumization trend is also a significant driver of the demand for premium and luxury chocolates, reflecting a broader shift in consumer preferences toward higher-quality, more indulgent products. As disposable incomes rise and lifestyles become more aspirational, especially in emerging markets, consumers are increasingly seeking products that offer more than just basic functionality or taste. In the context of chocolates, this means choosing brands and products that offer an elevated experience with a focus on craftsmanship, superior ingredients, and exclusivity.

 Request a free sample copy or view report summary: Premium Chocolate Market Report

Premium Chocolate Market Report Highlights

• The premium chocolate industry in Asia Pacific is expected to grow at a CAGR of 7.0% over the forecast period from 2025 to 2030. The rising disposable incomes among middle-class populations are further attributing the sales of the market in Asia Pacific regions. In addition, the rising urbanization and increasing consumer spending on luxury lifestyles and products are further encouraging the sales of the industry in this region. Moreover, the growth of the industry over the last decade has increased in large part due to the growing awareness of the health benefits of certain types of chocolates and their growing popularity in Asia Pacific countries.

• Dark premium chocolate is expected to grow at a CAGR of 4.8% from 2025 to 2030. Dark chocolates are infused with a rich source of fiber, loaded with magnesium, copper, iron, zinc, and other minerals which are known as healthy sources. These minerals can improve immunity power and can help in keeping bones and teeth healthy further propelling the segment growth. These chocolates are made from 70% or more dark cocoa, which is in high demand among consumers in the current market.

• Premium chocolate bars are expected to grow at a CAGR of 5.0% from 2025 to 2030. Consumers are becoming more discerning about the quality of ingredients used in chocolate. Premium chocolate bars often emphasize high cocoa content, organic ingredients, and natural flavorings, appealing to health-conscious and quality-focused consumers.

• Sales through online channels are expected to grow at a CAGR of 7.4% from 2025 to 2030. The demand for premium chocolates through online stores is primarily driven by convenience, wider selections, and targeted marketing strategies that cater to specific consumer preferences. Retailers like Amazon and specialty online chocolate shops, such as Chococurb, have expanded their offerings to include a variety of premium brands, appealing to consumers seeking quality products that may not be available in local stores.

Premium Chocolate Market Segmentation

Grand View Research has segmented the global premium chocolate market based on product, type, distribution channel, and region:

Premium Chocolate Product Outlook (Revenue, USD Million, 2018 - 2030)

• Dark Chocolate

• Milk Chocolate

• White Chocolate

Premium Chocolate Type Outlook (Revenue, USD Million, 2018 - 2030)

• Chocolate Bars

• Boxed Chocolates

• Assortments

• Others

Premium Chocolate Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

• Hypermarkets & Supermarkets

• Specialty Stores

• Grocery Stores

• Convenience Stores

• Online

• Others

Premium Chocolate Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • U.K.

  • France

  • Italy

  • Spain

• Asia Pacific

  • China

  • India

  • Japan

  • Australia & New Zealand

  • South Korea

• Central & South America

  • Brazil

  • Argentina

• Middle East & Africa

  • South Africa

List of Key Players in Premium Chocolate Market

• Chocoladefabriken Lindt & Sprüngli AG

• Ferrero International S.A.

• Endangered Species Chocolate

• The Hershey Company

• Mondelez International

• Yildiz Holding Inc.

• Lake Champlain Chocolate Co.

• Mars, Inc.

• CEMOI Group

• Rococo Chocolates