July 9, 2024

Global Sweet Dark Chocolate  Industry to Reach USD 12,637.14 Million by 2030|Report By IMR

Sweet Dark Chocolate Market

The Global Sweet Dark Chocolate Market size was reasonably estimated to be approximately USD 7,692.78 Million in 2022 and is poised to generate revenue over USD 12,637.14 Million by the end of 2030, projecting a CAGR of around 5.67% from 2022 to 2030.

An indulgence is thought to be dark chocolate. It is richer than milk chocolate and frequently combined with cheese and wine to provide a mouth-watering experience. Due to its dryness, harsh aftertaste, and gritty texture, dark chocolate has a deeper chocolate flavor than milk chocolate and does not include milk solids.

Key Players For The Sweet Dark Chocolate Market

Cemoi Chocolatier (France),Republica del Cacao (Ecuador),Nestlé S.A. (Switzerland),Mars Incorporated (U.S.),Fuji Oil Holdings Inc. (Japan),Guittard Chocolate Co. (U.S.),Ghirardelli Chocolate Co. (U.S.),Varihona Inc. (France),Barry Callebaut AG (Switzerland),Alpezzi Chocolate SA De CV (Mexico),Kerry Group Plc (Ireland),Olam International Ltd. (Singapore),Tcho Ventures Inc. (U.S.),The Hershey Company (U.S.),Cargill Incorporated (U.S.), and Other Major Players

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Introspective Market Research delivers comprehensive market research studies, providing valuable insights and strategic guidance to global businesses. We ensure reliable reports for informed decision-making.

With In-Depth examination of several affecting internal and external factors such as supply and sales channels, including upstream and downstream fundamentals, this report presents a complete analysis on the Sweet Dark Chocolate market ecosystem. To ensure the utmost accuracy and reliability, we draw upon numerous primary and secondary sources. Employing industry-standard tools such as Porter’s Five Forces Analysis, SWOT Analysis, and Price Trend Analysis, our research provides a comprehensive evaluation of the market segments and market landscape. This research study goes beyond conventional boundaries with extensive geographical coverage, allowing for a comprehensive understanding of regional trends.

Key Market Drivers:

Increasing Demand for Items Including Cocoa Because Of Its Health Benefits

Key Market Restraints:

Fluctuating Raw Material Prices

Key Opportunities:

Increasing R&D Activities And Increased Modernization In New Products

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Market Segmentation          

By Type          

  • 70% Cocoa Dark Chocolate
  • 75% Cocoa Dark Chocolate
  • 80% Cocoa Dark Chocolate
  • 90% Cocoa Dark Chocolate

By Application          

  • Beverages
  • Food And bakery
  • Personal Care & Cosmetics
  • Pharmaceuticals
  • Others

 Regional Analysis In Sweet Dark Chocolate Market

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

COVID-19 Impact On The Sweet Dark Chocolate Market

Low sales volumes driven on by the COVID-19 pandemic as well as supply-side problems with quality and certification had an effect on the cocoa market. The Fine Cacao & Chocolate Institute (FCCI) undertook a study on the COVID-19 pandemic’s effects on exports, and the findings were alarming. In the Dominican Republic, sources state that the strict lockdown prevented farmers and producers from visiting the plantations for a number of weeks before the government authorized exceptions.

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