The global demand for Dark Chocolate Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
Dark chocolate is often called bittersweet or semisweet since it is created with cocoa butter rather than lipids such as palm or coconut oils. It has a robust and complex flavor and is high in flavonoids, contributing to the pigment's color. Darker chocolate has more flavonoids, implying that it may have higher health advantages. Dark chocolate has a high cocoa solids content (usually over 60%) and little or no added sugar. Its consumption protects the brain from age-related stress and inflammation, both of which are linked to neurodegenerative diseases like Alzheimer's. Dark chocolate also enhances blood circulation to the brain, which helps with focus, memory, and anxiety. Dark chocolate can be found in various items, including chocolate bars, sweets, and baking chocolate. Dark chocolates must contain cacao beans, sugar, an emulsifier such as soy lecithin to retain texture, and flavorings such as vanilla.
Market Dynamics
The dark chocolate market is likely to grow during the forecast period due to medical benefits associated with cocoa-rich dark chocolates, rising interest for premium dark chocolates as gifts, developing digital channels, players launching limited-edition seasonal chocolates, and increased advertising activities. Increasing disposable income and changing food patterns have increased demand in developing countries. The chocolate business is going through a perception problem as people become more interested in healthy food. The widespread health and wellness trend continues to impact the dark chocolate market, with manufacturers including organic ingredients and natural sweeteners.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of dark chocolate. The growth and trends of dark chocolate industry provide a holistic approach to this study.
Market Segmentation
This section of the dark chocolate market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Bitter Chocolate
- Pure Bitter Chocolate
- Semi-Sweet Chocolate
By Application
- Beverages
- Food
- Personal Care & Cosmetics
- Pharmaceuticals
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Dark Chocolate market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Dark Chocolate Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the dark chocolate market include Ferrero Group, Mars, Mondelez International, Nestle, Alfred Ritter, Amul, August Storck, Blommer Chocolate, Brookside Foods, Cémoi, Chocolate Frey, Crown Confectionery, Ezaki Glico, and Hershey's. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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