Europe Premium Chocolate Market to Grow at 6.5% During 2025-2033, Catalyzed by Increasing Popularity of Organic Chocolates

December 03, 2024 | Food & Beverages

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According to the latest report by IMARC Group, titled "Europe Premium Chocolate Market Report by Product Type (Dark Chocolate, Milk Chocolate, White Chocolate, and Others), Packaging Type (Standard Packaging, Gift Packaging), Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Specialty Stores, Online Stores, and Others), and Country 2025-2033," the Europe premium chocolate market size reached USD 12.7 Billion in 2024. Premium chocolates refer to the edible products obtained by fermenting and roasting good quality seeds that are obtained from the pods of the Theobroma cacao trees. Commonly rich in caffeine, phenethylamine, theobromine and flavonoids, they can be widely available in dark, milk or white variants. These premium chocolates require superior craftsmanship to manufacture variants with a richer taste and texture when compared with the regular chocolates. These variants are also wrapped in aesthetically- pleasing packages to grab the attention of the customers instantaneously. These chocolates are additionally infused with a vast array of unconventional flavors, including mint, salt, caramel, espresso, hazelnut, peanut butter and tropical fruits, due to which they are widely gaining prominence among the masses.

Europe Premium Chocolate Market Trends:

The market in Europe is primarily driven by the increasing preference for premium and good quality chocolates among the masses. Growing awareness regarding the adverse effects of consuming synthetic and cheaply-sourced products is also contributing to the increasing demand for premium chocolates. Along with this, the advent of sugar-free and organic chocolates in the market is gaining widespread prominence among the masses. This can be accredited to the rising health consciousness among individuals in the region. Additionally, vegan and gluten-free variants are experiencing extensive popularity among vegans and people with gluten allergy. The market is further driven by the rising demand for limited edition seasonal premium chocolates across Europe. Supported by the increasingly popular trend of gifting premium chocolates as a luxury present in the region, this is providing a thrust to the market growth. Moreover, there has been an increase in the number of private-label chocolatiers in the region who specialize in artisanal and specialized products. They produce fine quality chocolates with exotic flavors and also customize variants according to the requirements of the customers. Coupled with the strong presence of efficient e-commerce facilities in Europe, this is providing an impetus to the market growth. Some of the other factors contributing to the market growth include the rising popularity of liquor-based premium chocolates and the increasing uptake of premium textured chocolates that are fortified with high-quality nuts, grains, and cereals. Looking forward, the market value is projected to reach USD 23.0 Billion by 2033, expanding at a CAGR of 6.5% during 2025-2033.

Market Summary:

Based on the product type, the market has been divided into dark chocolate, milk chocolate, white chocolate and others.
On the basis of the packaging type, the market has been bifurcated into standard and gift packaging.
Based on the distribution channel, the market has been classified into supermarkets and hypermarkets, convenience stores, specialty stores, online stores, and others.
On the geographical front, the market has been segmented into Germany, France, the United Kingdom, Italy, Spain, Switzerland, Belgium, Netherlands, Poland, Russia and others.
The competitive landscape of the industry has been examined in the report with the detailed profiles of the key players. Some of these players include Cemoi Group, Chocoladefabriken Lindt & Sprüngli AG, Hershey Company, Ferrero International S.A., Mars Incorporated, Mondelez International Inc, Nestlé S.A., Neuhaus (United Belgian Chocolate Makers), Pierre Marcolini Group and Pladis Global (Yildiz Holding).

Report Scope:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Billion USD
Segment Coverage	Product Type, Packaging Type, Distribution Channel, Country
Countries Covered	Germany, France, United Kingdom, Italy, Spain, Switzerland, Belgium, Netherlands, Poland, Russia, Others
Companies Covered	Cemoi Group, Chocoladefabriken Lindt & Sprüngli AG, Hershey Company, Ferrero International S.A, Mars Incorporated, Mondelez International Inc, Nestlé S.A., Neuhaus (United Belgian Chocolate Makers), Pierre Marcolini Group and Pladis Global (Yildiz Holding)
Customization Scope	10% Free Customization
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)

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Europe Premium Chocolate Market to Grow at 6.5% During 2025-2033, Catalyzed by Increasing Popularity of Organic Chocolates

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