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Premium Chocolate Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global premium chocolate market reached a value of US$ XX Billion in 2021. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Premium chocolates are made using high-quality fine ingredients with superior craftsmanship. They are widely available in different variants, ranging from dark, milk, and white, with exotic flavors like mint, honey, beer, espresso, blueberry, raspberry, pomegranate, and peanut butter. They can easily be differentiated from their regular counterparts based on their high price, luxury packaging, and rich taste and texture. Nowadays, companies are offering aesthetically- pleasing packages that can be customized according to customer preferences. The increasing consumer inclination towards personalized chocolates is driving the demand for premium chocolates across the globe.

Premium Chocolate Market Trends:

The growing awareness among individuals of the health benefits of chocolates, along with inflating per capita income levels, represents one of the key factors driving the demand for premium chocolates around the world. Chocolate aids in relieving stress, improving memory, controlling anxiety levels, enhancing the ability to focus, and boosting blood circulation to the brain. Moreover, it is utilized as a key ingredient in preparing candies, baked goods, nutritional bars, and beverages. This, in confluence with the rising consumption of packaged food items on account of hectic lifestyles and changing dietary preferences, is contributing to the market growth. Apart from this, the increasing health consciousness among individuals is catalyzing the demand for organic, vegan, sugar-free, and gluten-free variants. Furthermore, leading market players are offering limited-edition premium chocolates fortified with high-quality nuts, grains, and cereals for special occasions, such as Christmas, Diwali, and New Year, via e-commerce channels. This, coupled with the rising awareness of online retailing and associated benefits like free shipping and the availability of attractive discounts, is anticipated to provide lucrative opportunities to market players in the coming years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global premium chocolate market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product type, packaging type and distribution channel.

Breakup by Product Type:

  • Dark Chocolate
  • Milk Chocolate
  • White Chocolate
  • Others
     

Breakup by Packaging Type:

  • Standard Packaging
  • Gift Packaging
     

Breakup by Distribution Channel:

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Specialty Stores
  • Online Stores
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Cargill Incorporated, Cémoi, Chocoladefabriken Lindt & Sprüngli AG, Ferrero International S.A., Lake Champlain Chocolates, Mars Incorporated, Mondelez International Inc., Nestlé S.A., Neuhaus, Pierre Marcolini Group, The Hershey Company and Yildiz Holding.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Product Type, Packaging Type, Distribution Channel, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Cargill Incorporated, Cémoi, Chocoladefabriken Lindt & Sprüngli AG, Ferrero International S.A., Lake Champlain Chocolates, Mars Incorporated, Mondelez International Inc., Nestlé S.A., Neuhaus, Pierre Marcolini Group, The Hershey Company and Yildiz Holding.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global premium chocolate market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global premium chocolate market?
  • What are the key regional markets?
  • What is the breakup of the market based on the product type?
  • What is the breakup of the market based on the packaging type?
  • What is the breakup of the market based on the distribution channel?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global premium chocolate market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Premium Chocolate Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Product Type
    6.1    Dark Chocolate
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Milk Chocolate
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    White Chocolate
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Others
        6.4.1 Market Trends
        6.4.2 Market Forecast
7    Market Breakup by Packaging Type
    7.1    Standard Packaging
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Gift Packaging
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by Distribution Channel
    8.1    Supermarkets and Hypermarkets
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Convenience Stores
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Specialty Stores
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Online Stores
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Others
        8.5.1 Market Trends
        8.5.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Cargill Incorporated
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
           14.3.1.3 SWOT Analysis
        14.3.2    Cémoi
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
        14.3.3    Chocoladefabriken Lindt & Sprüngli AG
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
           14.3.3.3 Financials
        14.3.4    Ferrero International S.A.
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
        14.3.5    Lake Champlain Chocolates
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
        14.3.6    Mars Incorporated
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
           14.3.6.3 SWOT Analysis
        14.3.7    Mondelez International Inc.
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
           14.3.7.3 Financials
           14.3.7.4 SWOT Analysis
        14.3.8    Nestlé S.A.
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
           14.3.8.3 Financials
           14.3.8.4 SWOT Analysis
        14.3.9    Neuhaus
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
        14.3.10    Pierre Marcolini Group
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
        14.3.11    The Hershey Company
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio
           14.3.11.3 Financials
           14.3.11.4 SWOT Analysis
        14.3.12    Yildiz Holding
           14.3.12.1 Company Overview
           14.3.12.2 Product Portfolio

List of Figures

Figure 1: Global: Premium Chocolate Market: Major Drivers and Challenges
Figure 2: Global: Premium Chocolate Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Premium Chocolate Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Premium Chocolate Market: Breakup by Product Type (in %), 2021
Figure 5: Global: Premium Chocolate Market: Breakup by Packaging Type (in %), 2021
Figure 6: Global: Premium Chocolate Market: Breakup by Distribution Channel (in %), 2021
Figure 7: Global: Premium Chocolate Market: Breakup by Region (in %), 2021
Figure 8: Global: Premium Chocolate (Dark Chocolate) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Premium Chocolate (Dark Chocolate) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Premium Chocolate (Milk Chocolate) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Premium Chocolate (Milk Chocolate) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Premium Chocolate (White Chocolate) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Premium Chocolate (White Chocolate) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Premium Chocolate (Other Product Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Premium Chocolate (Other Product Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Premium Chocolate (Standard Packaging) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Premium Chocolate (Standard Packaging) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Premium Chocolate (Gift Packaging) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Premium Chocolate (Gift Packaging) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Premium Chocolate (Supermarkets and Hypermarkets) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Premium Chocolate (Supermarkets and Hypermarkets) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Premium Chocolate (Convenience Stores) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Premium Chocolate (Convenience Stores) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Premium Chocolate (Specialty Stores) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Premium Chocolate (Specialty Stores) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Premium Chocolate (Online Stores) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Premium Chocolate (Online Stores) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Premium Chocolate (Other Distribution Channels) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Premium Chocolate (Other Distribution Channels) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: North America: Premium Chocolate Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: North America: Premium Chocolate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: United States: Premium Chocolate Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: United States: Premium Chocolate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Canada: Premium Chocolate Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Canada: Premium Chocolate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Asia-Pacific: Premium Chocolate Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Asia-Pacific: Premium Chocolate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: China: Premium Chocolate Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: China: Premium Chocolate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Japan: Premium Chocolate Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Japan: Premium Chocolate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: India: Premium Chocolate Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: India: Premium Chocolate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: South Korea: Premium Chocolate Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: South Korea: Premium Chocolate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Australia: Premium Chocolate Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Australia: Premium Chocolate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Indonesia: Premium Chocolate Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Indonesia: Premium Chocolate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Others: Premium Chocolate Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Others: Premium Chocolate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Europe: Premium Chocolate Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Europe: Premium Chocolate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Germany: Premium Chocolate Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Germany: Premium Chocolate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: France: Premium Chocolate Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: France: Premium Chocolate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: United Kingdom: Premium Chocolate Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: United Kingdom: Premium Chocolate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Italy: Premium Chocolate Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Italy: Premium Chocolate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Spain: Premium Chocolate Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Spain: Premium Chocolate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Russia: Premium Chocolate Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Russia: Premium Chocolate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Others: Premium Chocolate Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Others: Premium Chocolate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Latin America: Premium Chocolate Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Latin America: Premium Chocolate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Brazil: Premium Chocolate Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Brazil: Premium Chocolate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Mexico: Premium Chocolate Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Mexico: Premium Chocolate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Others: Premium Chocolate Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Others: Premium Chocolate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Middle East and Africa: Premium Chocolate Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Middle East and Africa: Premium Chocolate Market: Breakup by Country (in %), 2021
Figure 78: Middle East and Africa: Premium Chocolate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Global: Premium Chocolate Industry: SWOT Analysis
Figure 80: Global: Premium Chocolate Industry: Value Chain Analysis
Figure 81: Global: Premium Chocolate Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Premium Chocolate Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Premium Chocolate Market Forecast: Breakup by Product Type (in Million US$), 2022-2027
Table 3: Global: Premium Chocolate Market Forecast: Breakup by Packaging Type (in Million US$), 2022-2027
Table 4: Global: Premium Chocolate Market Forecast: Breakup by Distribution Channel (in Million US$), 2022-2027
Table 5: Global: Premium Chocolate Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Premium Chocolate Market: Competitive Structure
Table 7: Global: Premium Chocolate Market: Key Players

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