WebThe global chocolate market size reached a value of around USD 127.7 billion in 2024. The market is further expected to grow at a CAGR of 4.4% in the forecast period of 2024 … WebJan 6, 2024 · Understanding the Global Chocolate Market. Let’s look at chocolate manufacturing and consumption overall. Retail sales around the world topped $98 billion in 2024. While Europe has an estimated 35% market share, chocolate consumption is strong throughout the world, from the U.S. to Brazil to the Asia-Pacific region.

Top Chocolate Industry Trends of 2024 CircleUp

WebMar 1, 2024 · The Global Carob Chocolate Market size is expected to reach $1. 1 billion by 2027, rising at a market growth of 5. 5% CAGR during the forecast period. Carob chocolates are made up of dried carob pods. WebMay 12, 2024 · The share of the global chocolate market relies on its production and high manufacturing economies of scale, which encourages global market expansion, standardised products, and centralised production (Yip and Coundouriotis 1991).Figure 1 evidenced that Europe comprises the largest market share in the chocolate industry: … how to uninstall gemalto

Top 3 Ways the Chocolate Industry is Changing SmartAsset

WebAs a result, the chocolate industry is large and doesn’t look to be slowing down any time soon. Today, the global chocolate industry is valued at $171 billion and is expected to grow at a Compound Annual Growth Rate (CAGR) of over 4.50% between 2024 and 2028, according to Vantage Market Research. That being said, while the industry is growing ... WebNov 16, 2024 · Forecast of the market size for cocoa and chocolate in North America from 2016 to 2027 (in billion U.S. dollars) Premium Statistic. U.S.: change in revenue of chocolate confectionery in the United ... WebThe chocolate market has been evolving for decades and has adhered to regional trends. The global chocolate market has witnessed a substantial rise owing to factors such as … how to uninstall geforce experience driver