Fairtrade Chocolate Market

Global Fairtrade Chocolate Market by Sources (Organic Fairtrade chocolates, and Regular Fairtrade chocolates), Types (Bars, Chips & Chunks, and Others), Certifications (UTZ Certified, Fairtrade International Certified, Fairtrade USA Certified, Rainforest Alliance Certified, and Others), Sales Channels {Offline (Supermarkets, Convenience Stores, Department Stores, Specialty Stores, and Others), Online (Company-owned Websites, and E-commerce)}, and Regions (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)

  • Report ID: FB-1276
  • Author: Growth Market Reports
  • Rating: 4.9
  • Total Reviews: 2
  • No. Of Pages: 293
  • Format:
  • Pub. Date: 12-05-2021
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Market Outlook:

The global Fairtrade Chocolate market was valued at USD 11,372.83 Million in 2019 and is projected to reach USD 34,137.23 Million by 2027, expanding at a CAGR of 15.2% during the forecast period. Demand for Fairtrade Chocolate is driven by the impulse purchasing behavior of consumers, increasing trend pertaining to fair trade chocolate consumption reducing child labor, increasing customer inclination towards organic Fairtrade chocolates, and increasing preference of consumers towards Fairtrade chocolate.

Fairtrade Chocolate Market Key Takeaways

Fairtrade chocolate is made from cacao beans bought from farmers who are paid a fair price for their crop, instead of a low-price set by the market. The profit margins for farmers are high, which helps them to improve their standard of living and prevents exploitation. These farmers receive additional Fairtrade premiums for investing in community development. Fairtrade standards ban forced labor and child labor and encourage environmentally-sustainable farming practices. Additionally, production of Fairtrade chocolate involves 100% organic chocolate, which prevents the use of harmful chemicals. Growth in chocolate industries, due to the increasing demand for Fairtrade chocolate, is anticipated to fuel the market during the forecast period.

Market Dynamics

Rising income of consumers and their changing lifestyles are key factors increasing impulse purchase of Fairtrade chocolates. Color and packaging played an important role in the purchase of chocolates by consumers over the years. Hence, rising phenomenon of impulse buying is boosting the sales of Fairtrade chocolates worldwide, thus driving the market.

Implementation of stringent regulations pertaining to child labor in various countries is encouraging companies to shift their production unit and encourage farmers to produce Fairtrade chocolates instead of regular chocolates that involve child labor. Fairtrade practices in chocolate production help reduce the need for child labor, as workers earn fair wages, which result in a smaller number of children working to support their families. Cocoa used in Fairtrade chocolate is not harvested by children. Rising awareness regarding Fairtrade practices is anticipated to drive the market.

Consumers have shown an inclination towards organic chocolates in most countries. Organic chocolates are mostly purchased from supermarkets and hypermarkets, owing to the unique variety of attractive products being offered in such places, ready packaging of products, appealing in-store promotions, and consistent quality. Additionally, consumers are willing to pay for high-end chocolates. Hence, manufacturers are increasingly turning towards organic chocolates which is anticipated to increase the demand for Fairtrade chocolates.

The Fairtrade chocolate market is highly driven by the taste preferences of consumers. It is important that the companies focus on product development and marketing strategies such as packaging to gain a wider consumer base and capture new markets. The market is expected to incline towards Fairtrade chocolates during the forecast period.

The supply of Fairtrade chocolate drivers tends to be the stronger influencer of chocolate’s price instability. Many commodities are used to manufacture Fairtrade chocolates, but the main ingredient is cocoa. Supply fluctuations are a result of a number of factors, from political and civil unrest to labor issues and the effect of weather, diseases, and pests on crop yields. For instance, long periods of dry weather are not conducive to cocoa bean growth, resulting in supply shortages. Hence, the limited supply of cocoa is hampering the Fairtrade chocolate market during the forecast period.

Confectionery companies always count on consumers to boost the sale of Fairtrade chocolates at the time of Christmas and other holiday seasons. Seasonal and festive sales of chocolate are projected to surge in the next few years. Gifting chocolate hampers and bouquets are popular consumer trends in the market, which are expected to strongly favor the market during the forecast period. Additionally, lucrative growth opportunities lie in organic and fair-trade chocolates, which are anticipated to completely change the market dynamics.

Segmental Outlook

Based on sources, the Fairtrade chocolate market is segregated into organic Fairtrade chocolate and regular Fairtrade chocolate. Regular Fairtrade chocolate is expected to grow at a significant rate during the forecast period. Non-organic chocolate involves cacao and sugar, which is grown with the help of chemical fertilizers, pesticides, and herbicides, which have a negative effect on the environment. The organic Fairtrade chocolate segment is projected to account for a substantial share of the market during the forecast period. Rising health consciousness and increasing consumer awareness about the demerits of consuming chemical-containing products are anticipated to increase the sale of organic Fairtrade chocolates, thus fueling the global Fairtrade chocolate market.

In terms of types, the Fairtrade chocolate market is classified as bars, chips and chunks, and others. The bars segment is expected to grow at a rapid pace during the forecast period, owing to increasing demand for organic chocolate bars. The chips and chunks segment is anticipated to grow at a rapid pace during the forecast period. Chocolate chunks are available in irregular sizes, while chips are available in small teardrop shape. These are extensively used in baked products such as cookies or muffins.

Fairtrade Chocolate Market by Types

Based on certifications, the global Fairtrade chocolate is segregated into UTZ Certified, Fairtrade International Certified, Fairtrade USA Certified, and Others. The UTZ is committed to creating an efficient sustainability program with effective certification and traceability tools for socially and environmentally responsible cocoa production that meet the needs of producers and markets. The Fair trade USA helps producers access high wages and create safe working conditions. This certification-authorizing body has grown into a leading market-based model of sustainable production, trade, and consumption of Fairtrade chocolates.

Fairtrade Chocolate Market by Certifications

In terms of sales channels, the global Fairtrade chocolate is segmented into online and offline. The online segment is further segmented into company-owned websites and e-commerce. The offline segment is sub-segmented into supermarkets, convenience stores, department stores, and others. The supermarket sub-segment is expected to expand at a rapid pace during the forecast period, due to availability of Fairtrade chocolates. Furthermore, supermarkets are placing premium Fairtrade chocolates, such as organic Fairtrade chocolate, around the point of sale for a high-priced impulse purchase. The convenience stores sub-segment is projected to expand at a rapid pace during the forecast period, due to the sale of a limited range of Fairtrade chocolates. The e-commerce sub-segment is anticipated to grow at a significant rate during the forecast period due to rising number of online purchases of chocolates as gifts among consumers.

Regional Outlook

On the basis of regions, the global Fairtrade chocolate market is fragmented into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. North America accounted for a significant share of the market in 2019 due to the presence of a large number of companies offering Fairtrade chocolate in the US. The market in Europe is expected to grow at a rapid pace during the forecast period, due to the presence of certified cocoa and Fairtrade chocolate market in UK and Germany. South Africa dominates the Fairtrade chocolate market in the Middle East & Africa, as around 30% of the total world’s cocoa is produced in Ghana. China accounts for the largest share of the market in Asia Pacific, while the market in Japan is projected to expand at a rapid pace during the forecast period. The use of Fairtrade cocoa and chocolate is growing in developing economies such as India and China due to the growing consumption of cocoa.

Fairtrade Chocolate Market by Regions

Key Benefits for Industry Participants & Stakeholders

  • In-depth analysis of the global Fairtrade chocolate market
  • Historical, current, and projected market size in terms of value (USD million) and volume (tons)
  • Potential & niche segments and regions exhibiting promising growth covered
  • Industry drivers, restraints, and opportunities covered in the study
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fairtrade Chocolate Market Overview
   4.1 Introduction
      4.1.1 Market Taxonomy
      4.1.2 Market Definition
      4.1.3 Macro-Economic Factors Impacting the Market Growth
   4.2 Fairtrade Chocolate Market Dynamics
      4.2.1 Market Drivers
      4.2.2 Market Restraints
      4.2.3 Market Opportunity
   4.3 Fairtrade Chocolate Market - Supply Chain Analysis
      4.3.1 List of Key Suppliers
      4.3.2 List of Key Distributors
      4.3.3 List of Key Consumers
   4.4 Key Forces Shaping the Fairtrade Chocolate Market
      4.4.1 Bargaining Power of Suppliers
      4.4.2 Bargaining Power of Buyers
      4.4.3 Threat of Substitution
      4.4.4 Threat of New Entrants
      4.4.5 Competitive Rivalry
   4.5 Global Fairtrade Chocolate Market Size & Forecast, 2017-2027
      4.5.1 Fairtrade Chocolate Market Size and Y-o-Y Growth
      4.5.2 Fairtrade Chocolate Market Absolute $ Opportunity
4.6 Global Chocolate & Cocoa Market Outlook

   4.7 Global Fairtrade Chocolate Pricing Analysis, 2017-2027
   4.8 Global Fairtrade Chocolate - Certification and Key Regulations Overview
   4.9 The Global Organic Chocolate Market Overview
   4.10 Fairtrade Chocolate Consumption Pattern/ Sentiment Analysis
   4.11 Top of Mind Brands - Fairtrade Chocolate
   4.12 Fairtrade Chocolate Market Overview & Growth Analysis - Japan
Chapter 5 Global Fairtrade Chocolate Market Analysis and Forecast By Source
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities By Source
      5.1.2 Basis Point Share (BPS) Analysis By Source
      5.1.3 Absolute $ Opportunity Assessment By Source
   5.2 Fairtrade Chocolate Market Size Forecast By Source
      5.2.1 Organic Fairtrade Chocolate
      5.2.2 Regular Fairtrade Chocolate
   5.3 Market Attractiveness Analysis By Source
Chapter 6 Global Fairtrade Chocolate Market Analysis and Forecast By Type
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities By Type
      6.1.2 Basis Point Share (BPS) Analysis By Type
      6.1.3 Absolute $ Opportunity Assessment By Type
   6.2 Fairtrade Chocolate Market Size Forecast By Type
      6.2.1 Plate
      6.2.2 Chips & Crunches
      6.2.3 Others
   6.3 Market Attractiveness Analysis By Type
Chapter 7 Global Fairtrade Chocolate Market Analysis and Forecast By Certificates
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities By Certificates
      7.1.2 Basis Point Share (BPS) Analysis By Certificates
      7.1.3 Absolute $ Opportunity Assessment By Certificates
   7.2 Fairtrade Chocolate Market Size Forecast By Certificates
      7.2.1 UTZ Certified
      7.2.2 Fairtrade International Certified
      7.2.3 Fairtrade USA
      7.2.4 Certified Rainforest Alliance Certified
      7.2.5 Others
   7.3 Market Attractiveness Analysis By Certificates
Chapter 8 Global Fairtrade Chocolate Market Analysis and Forecast By Sales Channel
   8.1 Introduction
      8.1.1 Key Market Trends & Growth Opportunities By Sales Channel
      8.1.2 Basis Point Share (BPS) Analysis By Sales Channel
      8.1.3 Absolute $ Opportunity Assessment By Sales Channel
   8.2 Fairtrade Chocolate Market Size Forecast By Sales Channel
      8.2.1 Offline
         8.2.1.1 Supermarket Convenience Stores
         8.2.1.2 Department Stores
         8.2.1.3 Specialty Stores
         8.2.1.4 Others
      8.2.2 Online
         8.2.2.1 Company-owned Websites
         8.2.2.2 E-commerce
   8.3 Market Attractiveness Analysis By Sales Channel
Chapter 9 Global Fairtrade Chocolate Market Analysis and Forecast by Region
   9.1 Introduction
      9.1.1 Key Market Trends & Growth Opportunities by Region
      9.1.2 Basis Point Share (BPS) Analysis by Region
      9.1.3 Absolute $ Opportunity Assessment by Region
   9.2 Fairtrade Chocolate Market Size Forecast by Region
      9.2.1 North America
      9.2.2 Europe
      9.2.3 Asia Pacific
      9.2.4 Latin America
      9.2.5 Middle East & Africa (MEA)
   9.3 Market Attractiveness Analysis by Region
Chapter 10 Coronavirus Disease (COVID-19) Impact
   10.1 Introduction
   10.2 Current & Future Impact Analysis
   10.3 Economic Impact Analysis
   10.4 Government Policies
   10.5 Investment Scenario
Chapter 11 North America Fairtrade Chocolate Analysis and Forecast
   11.1 Introduction
   11.2 North America Fairtrade Chocolate Market Size Forecast by Country
      11.2.1 U.S.
      11.2.2 Canada
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 North America Fairtrade Chocolate Market Size Forecast By Source
      11.6.1 Organic Fairtrade Chocolate
      11.6.2 Regular Fairtrade Chocolate
   11.7 Basis Point Share (BPS) Analysis By Source
   11.8 Absolute $ Opportunity Assessment By Source
   11.9 Market Attractiveness Analysis By Source
   11.10 North America Fairtrade Chocolate Market Size Forecast By Type
      11.10.1 Plate
      11.10.2 Chips & Crunches
      11.10.3 Others
   11.11 Basis Point Share (BPS) Analysis By Type
   11.12 Absolute $ Opportunity Assessment By Type
   11.13 Market Attractiveness Analysis By Type
   11.14 North America Fairtrade Chocolate Market Size Forecast By Certificates
      11.14.1 UTZ Certified
      11.14.2 Fairtrade International Certified
      11.14.3 Fairtrade USA
      11.14.4 Certified Rainforest Alliance Certified
      11.14.5 Others
   11.15 Basis Point Share (BPS) Analysis By Certificates
   11.16 Absolute $ Opportunity Assessment By Certificates
   11.17 Market Attractiveness Analysis By Certificates
   11.18 North America Fairtrade Chocolate Market Size Forecast By Sales Channel
      11.18.1 Offline
         11.18.1.1 Supermarket Convenience Stores
         11.18.1.2 Department Stores
         11.18.1.3 Specialty Stores
         11.18.1.4 Others
      11.18.2 Online
         11.18.2.1 Company-owned Websites
         11.18.2.2 E-commerce
   11.19 Basis Point Share (BPS) Analysis By Sales Channel
   11.20 Absolute $ Opportunity Assessment By Sales Channel
   11.21 Market Attractiveness Analysis By Sales Channel
Chapter 12 Europe Fairtrade Chocolate Analysis and Forecast
   12.1 Introduction
   12.2 Europe Fairtrade Chocolate Market Size Forecast by Country
      12.2.1 Germany
      12.2.2 France
      12.2.3 Italy
      12.2.4 U.K.
      12.2.5 Spain
      12.2.6 Russia
      12.2.7 Rest of Europe
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Europe Fairtrade Chocolate Market Size Forecast By Source
      12.6.1 Organic Fairtrade Chocolate
      12.6.2 Regular Fairtrade Chocolate
   12.7 Basis Point Share (BPS) Analysis By Source
   12.8 Absolute $ Opportunity Assessment By Source
   12.9 Market Attractiveness Analysis By Source
   12.10 Europe Fairtrade Chocolate Market Size Forecast By Type
      12.10.1 Plate
      12.10.2 Chips & Crunches
      12.10.3 Others
   12.11 Basis Point Share (BPS) Analysis By Type
   12.12 Absolute $ Opportunity Assessment By Type
   12.13 Market Attractiveness Analysis By Type
   12.14 Europe Fairtrade Chocolate Market Size Forecast By Certificates
      12.14.1 UTZ Certified
      12.14.2 Fairtrade International Certified
      12.14.3 Fairtrade USA
      12.14.4 Certified Rainforest Alliance Certified
      12.14.5 Others
   12.15 Basis Point Share (BPS) Analysis By Certificates
   12.16 Absolute $ Opportunity Assessment By Certificates
   12.17 Market Attractiveness Analysis By Certificates
   12.18 Europe Fairtrade Chocolate Market Size Forecast By Sales Channel
      12.18.1 Offline
         12.18.1.1 Supermarket Convenience Stores
         12.18.1.2 Department Stores
         12.18.1.3 Specialty Stores
         12.18.1.4 Others
      12.18.2 Online
         12.18.2.1 Company-owned Websites
         12.18.2.2 E-commerce
   12.19 Basis Point Share (BPS) Analysis By Sales Channel
   12.20 Absolute $ Opportunity Assessment By Sales Channel
   12.21 Market Attractiveness Analysis By Sales Channel
Chapter 13 Asia Pacific Fairtrade Chocolate Analysis and Forecast
   13.1 Introduction
   13.2 Asia Pacific Fairtrade Chocolate Market Size Forecast by Country
      13.2.1 China
      13.2.2 Japan
      13.2.3 South Korea
      13.2.4 India
      13.2.5 Australia
      13.2.6 South East Asia (SEA)
      13.2.7 Rest of Asia Pacific (APAC)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Asia Pacific Fairtrade Chocolate Market Size Forecast By Source
      13.6.1 Organic Fairtrade Chocolate
      13.6.2 Regular Fairtrade Chocolate
   13.7 Basis Point Share (BPS) Analysis By Source
   13.8 Absolute $ Opportunity Assessment By Source
   13.9 Market Attractiveness Analysis By Source
   13.10 Asia Pacific Fairtrade Chocolate Market Size Forecast By Type
      13.10.1 Plate
      13.10.2 Chips & Crunches
      13.10.3 Others
   13.11 Basis Point Share (BPS) Analysis By Type
   13.12 Absolute $ Opportunity Assessment By Type
   13.13 Market Attractiveness Analysis By Type
   13.14 Asia Pacific Fairtrade Chocolate Market Size Forecast By Certificates
      13.14.1 UTZ Certified
      13.14.2 Fairtrade International Certified
      13.14.3 Fairtrade USA
      13.14.4 Certified Rainforest Alliance Certified
      13.14.5 Others
   13.15 Basis Point Share (BPS) Analysis By Certificates
   13.16 Absolute $ Opportunity Assessment By Certificates
   13.17 Market Attractiveness Analysis By Certificates
   13.18 Asia Pacific Fairtrade Chocolate Market Size Forecast By Sales Channel
      13.18.1 Offline
         13.18.1.1 Supermarket Convenience Stores
         13.18.1.2 Department Stores
         13.18.1.3 Specialty Stores
         13.18.1.4 Others
      13.18.2 Online
         13.18.2.1 Company-owned Websites
         13.18.2.2 E-commerce
   13.19 Basis Point Share (BPS) Analysis By Sales Channel
   13.20 Absolute $ Opportunity Assessment By Sales Channel
   13.21 Market Attractiveness Analysis By Sales Channel
Chapter 14 Latin America Fairtrade Chocolate Analysis and Forecast
   14.1 Introduction
   14.2 Latin America Fairtrade Chocolate Market Size Forecast by Country
      14.2.1 Brazil
      14.2.2 Mexico
      14.2.3 Rest of Latin America (LATAM)
   14.3 Basis Point Share (BPS) Analysis by Country
   14.4 Absolute $ Opportunity Assessment by Country
   14.5 Market Attractiveness Analysis by Country
   14.6 Latin America Fairtrade Chocolate Market Size Forecast By Source
      14.6.1 Organic Fairtrade Chocolate
      14.6.2 Regular Fairtrade Chocolate
   14.7 Basis Point Share (BPS) Analysis By Source
   14.8 Absolute $ Opportunity Assessment By Source
   14.9 Market Attractiveness Analysis By Source
   14.10 Latin America Fairtrade Chocolate Market Size Forecast By Type
      14.10.1 Plate
      14.10.2 Chips & Crunches
      14.10.3 Others
   14.11 Basis Point Share (BPS) Analysis By Type
   14.12 Absolute $ Opportunity Assessment By Type
   14.13 Market Attractiveness Analysis By Type
   14.14 Latin America Fairtrade Chocolate Market Size Forecast By Certificates
      14.14.1 UTZ Certified
      14.14.2 Fairtrade International Certified
      14.14.3 Fairtrade USA
      14.14.4 Certified Rainforest Alliance Certified
      14.14.5 Others
   14.15 Basis Point Share (BPS) Analysis By Certificates
   14.16 Absolute $ Opportunity Assessment By Certificates
   14.17 Market Attractiveness Analysis By Certificates
   14.18 Latin America Fairtrade Chocolate Market Size Forecast By Sales Channel
      14.18.1 Offline
         14.18.1.1 Supermarket Convenience Stores
         14.18.1.2 Department Stores
         14.18.1.3 Specialty Stores
         14.18.1.4 Others
      14.18.2 Online
         14.18.2.1 Company-owned Websites
         14.18.2.2 E-commerce
   14.19 Basis Point Share (BPS) Analysis By Sales Channel
   14.20 Absolute $ Opportunity Assessment By Sales Channel
   14.21 Market Attractiveness Analysis By Sales Channel
Chapter 15 Middle East & Africa (MEA) Fairtrade Chocolate Analysis and Forecast
   15.1 Introduction
   15.2 Middle East & Africa (MEA) Fairtrade Chocolate Market Size Forecast by Country
      15.2.1 Saudi Arabia
      15.2.2 South Africa
      15.2.3 UAE
      15.2.4 Rest of Middle East & Africa (MEA)
   15.3 Basis Point Share (BPS) Analysis by Country
   15.4 Absolute $ Opportunity Assessment by Country
   15.5 Market Attractiveness Analysis by Country
   15.6 Middle East & Africa (MEA) Fairtrade Chocolate Market Size Forecast By Source
      15.6.1 Organic Fairtrade Chocolate
      15.6.2 Regular Fairtrade Chocolate
   15.7 Basis Point Share (BPS) Analysis By Source
   15.8 Absolute $ Opportunity Assessment By Source
   15.9 Market Attractiveness Analysis By Source
   15.10 Middle East & Africa (MEA) Fairtrade Chocolate Market Size Forecast By Type
      15.10.1 Plate
      15.10.2 Chips & Crunches
      15.10.3 Others
   15.11 Basis Point Share (BPS) Analysis By Type
   15.12 Absolute $ Opportunity Assessment By Type
   15.13 Market Attractiveness Analysis By Type
   15.14 Middle East & Africa (MEA) Fairtrade Chocolate Market Size Forecast By Certificates
      15.14.1 UTZ Certified
      15.14.2 Fairtrade International Certified
      15.14.3 Fairtrade USA
      15.14.4 Certified Rainforest Alliance Certified
      15.14.5 Others
   15.15 Basis Point Share (BPS) Analysis By Certificates
   15.16 Absolute $ Opportunity Assessment By Certificates
   15.17 Market Attractiveness Analysis By Certificates
   15.18 Middle East & Africa (MEA) Fairtrade Chocolate Market Size Forecast By Sales Channel
      15.18.1 Offline
         15.18.1.1 Supermarket Convenience Stores
         15.18.1.2 Department Stores
         15.18.1.3 Specialty Stores
         15.18.1.4 Others
      15.18.2 Online
         15.18.2.1 Company-owned Websites
         15.18.2.2 E-commerce
   15.19 Basis Point Share (BPS) Analysis By Sales Channel
   15.20 Absolute $ Opportunity Assessment By Sales Channel
   15.21 Market Attractiveness Analysis By Sales Channel
Chapter 16 Competition Landscape
   16.1 Fairtrade Chocolate Market: Competitive Dashboard
   16.2 Global Fairtrade Chocolate Market: Market Share Analysis, 2019
   16.3 Company Profiles (Details - Overview, Financials, Developments, Strategy)
      16.3.1 Divine Chocolate Limited
      16.3.2 Barry Callebaut Japan Ltd.
      16.3.3 Chocolate and Love
      16.3.4 Belvas
      16.3.5 Chocolat Bernrain AG / Chocolat Stella SA
      16.3.6 EMVI Chocolate
      16.3.7 Endangered Species Chocolate, LLC.
      16.3.8 Fran's Chocolates, Ltd.
      16.3.9 LILY'S SWEETS
      16.3.10 CHOCOLATE DESIGN COMPANY
      16.3.11 Alter Eco
      16.3.12 Tony’s Chocolonely
      16.3.13 Whitakers Chocolates
      16.3.14 People Tree
      16.3.15 Minimal
      16.3.16 Lotus Concept Co., Ltd.
      16.3.17 Meji Co., Ltd.
Key Segments Covered
By Sources
  • Organic Fairtrade Chocolate
  • Regular Fairtrade Chocolate
By Types
  • Bars
  • Chips & Chunks
  • Others
By Certifications
  • UTZ Certified
  • Fairtrade International Certified
  • Fairtrade USA Certified
  • Rainforest Alliance Certified
  • Others
By Sales Channels
  • Offline
    • Supermarkets
    • Convenience Stores
    • Department Stores
    • Specialty Stores
    • Others
  • Online
    • Company-owned Websites
    • E-commerce
By Regions
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
Key Market Players Profiled in the Report
  • Divine Chocolate Limited
  • Barry Callebaut
  • Chocolate and Love
  • Belvas Chocolate
  • Stella Bernrain
  • EMVI Chocolate
  • Endangered Species Chocolate
  • Fran's Chocolates
  • Lily's Sweets
  • Prominent manufacturers operating in the global Fairtrade Chocolate market include Divine Chocolate Limited, Barry Callebaut, Chocolate and Love, Belvas Chocolate, Stella Bernrain, EMVI Chocolate, Endangered Species Chocolate, Fran's Chocolates, Lidl US, and Lily's Sweets.
  • These companies are considered as key manufacturers of sulfonated asphalt based on their revenue, research & development (R&D) activities, regional presence, and supply chain management system.

Fairtrade Chocolate Market key Takeaways

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FAQ Section

Some frequently asked quetions about this report!

Additional company profiles are provided on request. For a discussion related to above findings, click Speak to Analyst

Yes, the report provides supply chain analysis along with a list of raw material suppliers, manufacturers, distributors, and customers.

According to the Growth Market Reports, the market for Fairtrade chocolate is likely to register a CAGR of 15.2% during forecast period 2020-2027, with an anticipated valuation of USD 34,137.23 million by the end of 2027.

In addition to market size (in USD Million) and, company market share (in % for base year 2019), other data such as macro-economic factors and COVID-19 impact on the value chain are available in the final report.

Applications in the global Fairtrade chocolate market includes manufacturing of chocolates, cocoa production, and others.

Demand for Fairtrade chocolate is expected to continue to increase over the forecast period, taking into account impulse purchasing behavior of consumers, increasing trend pertaining to fair trade chocolate consumption reducing child labor, increasing customer inclination towards organic Fairtrade chocolates, and increasing preference of consumers towards Fairtrade chocolate.

Factors such as competitive strength and market positioning are key areas, which are considered while selecting top companies to be profiled.

The market is expected to witness a slight decrease in YOY between 2019 and 2020, owing to the negative impact of COVID-19 pandemic on the Fairtrade chocolate market.

The base year considered for the global Fairtrade chocolate market report is 2019. The complete analysis period is 2017 to 2027, wherein, 2017 & 2018 are the historic years and the forecast is provided from 2020 to 2027.

Major Manufactures are Divine Chocolate Limited, Barry Callebaut, Chocolate and Love, and Belvas Chocolate.