top of page

Chocolate market perspective

Global Industrial Chocolate Market to Reach $77.4 Billion by 2030. In the changed post-COVID-19 business landscape, the global market for Industrial Chocolate estimated at US$54.7 Billion in the year 2022, is projected to reach a revised size of US$77.4 Billion by 2030, growing at aCAGR of 4.4% over the period 2022-2030.



Confectionery, one of the segments analyzed in the report, is projected to record 4% CAGR and reach US$22.1 Billion by the end of the analysis period. Considering the ongoing post-pandemic recovery, growth in the Biscuits & Bakery Products segment is readjusted to a revised 4.3% CAGR for the next 8-year period.


The Industrial Chocolate market in the U.S. is estimated at US$12.3 Billion in the year 2022. China, the world`s second-largest economy, is forecast to reach a projected market size of US$6.7 Billion by the year 2030 trailing a CAGR of 6.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.5% and 3.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.1% CAGR.


GLOBAL MARKET PERSPECTIVE:

World Recent Past, Current & Future Analysis for

Industrial Chocolate by Geographic Region - USA, Canada, Japan,

China, Europe, Asia-Pacific, Latin America, Middle East and

Africa Markets - Independent Analysis of Annual Sales in US$

Million for Years 2022 through 2027 and % CAGR


World Historic Review for Industrial Chocolate by

Geographic Region - USA, Canada, Japan, China, Europe,

Asia-Pacific, Latin America, Middle East and Africa Markets -

Independent Analysis of Annual Sales in US$ Million for Years

2012 through 2021 and % CAGR

Source: https://www.globenewswire.com/

21 views0 comments

Comments


bottom of page