According to the latest report by IMARC Group, titled "Dark Chocolate Market Report by Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Non-Grocery Retailers, and Others), and Region 2024-2032," the global dark chocolate market size reached US$ 61.0 Billion in 2023. Dark chocolate refers to a type of chocolate that contains a high percentage of cocoa solids. Some of the other ingredients used in its preparation include sugar, flavorings and emulsifiers. It has a richer and more intense flavor as compared to milk chocolates. It is an excellent source of flavonoids and antioxidants while also being a rich source of other essential nutrients, including iron, zinc, copper, phosphorus, manganese, selenium, magnesium and potassium. As a result, it is widely utilized as a key ingredient in the preparation of a vast array of food products, such as chocolate bars, candies, baked goods and beverages.
Global Dark Chocolate Market Trends:
The market is primarily driven by the growing consumption of packaged food items and baked goods across the globe. This can be attributed to the hectic lifestyles of the majority of consumers, changing dietary preferences and inflating per capita income levels, which, in turn, have led to increasing demand for convenience foods. Apart from this, the growing awareness among individuals regarding the health benefits and stress-relieving ability of dark chocolate has also facilitated its uptake on the global level. The consumption of the chocolate plays a crucial role in several neurodegenerative disorders, such as Alzheimer’s disease, as they aid in boosting the blood circulation to the brain. They are also considered helpful in improving memory, enhancing the ability to focus and controlling anxiety levels. Furthermore, the significant expansion of the online retailing and e-commerce sector on the global level is creating a positive outlook for the market. The increasing sales of dark chocolate through online portals have aided the manufacturers to expand their consumer-base, thereby improving their profit margins. This, coupled with the introduction of flavored product variants, such as orange, cranberry and coffee, is providing an impetus to the market growth. On account of the aforementioned factors, the market is expected to grow at a CAGR of 3.9% during 2024-2032.
- On the basis of the distribution channel, the market has been divided into supermarkets and hypermarkets, convenience stores, non-grocery retailers and others.
- On the geographical front, North America holds the leading position in the market, accounting for majority of the total global market. Some of the other key regions include Western Europe, Eastern Europe, Asia, Latin America, Middle East and Africa, and Australasia.
- The competitive landscape of the market has been studied in the report with the detailed profiles of the key players.
|Base Year of the Analysis
|US$ Billion, '000 Tons
|Distribution Channels Covered
|Supermarkets and Hypermarkets, Convenience Stores, Non-Grocery Retailers, Others
|Western Europe, North America, Eastern Europe, Asia, Latin America, Middle East and Africa, Australasia
|10% Free Customization
|Report Price and Purchase Option
|Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
|Post-Sale Analyst Support
|PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Follow us on twitter: @imarcglobal