Lucintel Forecasts the Global Chocolate Confectionery Market to Reach $123.7 billion by 2030

According to a market report by Lucintel, the future of the global chocolate confectionery market looks promising with opportunities in the supermarket & hypermarket, convenience store, and online markets. The global chocolate confectionery market is expected to reach an estimated $123.7 billion by 2030 with a CAGR of 2.5% from 2024 to 2030. The major drivers for this market are rising demand for premium chocolates and growing popularity of chocolate consumption for festive occasions.

A more than 150 – page report is developed to understand Trends, opportunity and forecast in chocolate confectionery market to 2030 by product (boxed, molded bars, chips & bites, truffles & cups, and others), type (milk, dark, and white), distribution channel (supermarkets & hypermarkets, convenience stores, online, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that molded bar is expected to witness the highest growth over the forecast period.

Within this market, hypermarke and supermarket will remain the largest segment due to growing customer preference for these distribution channels owing to the ease of access to premium and private label chocolate products.

Download sample by clicking on chocolate confectionery market

Europe will remain the largest region over the forecast period due to rising production of artisanal chocolates and presence of key players in the region.

The Hershey Company, Ferrero, Chocoladefabriken Lindt &Sprüngli, Mars, Mondelä“Z International, Nestlé, and Cemoi are the major suppliers in the chocolate confectionery market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]To get access of more than 1000 reports at fraction of cast visit Lucintel’sAnalytics Dashboard.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market &unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1 972.636.5056

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