Global Organic Chocolates Market by Types (Organic Dark Chocolate, Organic Milk Chocolate, and Organic White Chocolate), Distribution Channels (Supermarkets, Health Food Stores, Convenience Stores, and Others), and Regions (Asia Pacific, North America, Europe, Latin America, and Middle East & Africa) Forecasts, 2021-2028
The global organic chocolates market is projected to register a high CAGR during the forecast period, between 2021 and 2028. An organic chocolate product ensures that soil, ecosystem, and health have been protected by legal regulations. In the organic farming industry, farmers use organic methods and organic processors, natural dyes and compounds, to produce chocolate of stellar quality.
To increase the visibility of the organic chocolate products, chocolate confectionery manufacturers carry out a variety of marketing & promotional activities. The mainstream chocolate market was nearly stable. However, the craft chocolate market encountered difficulties during the COVID-19 pandemic. Consumers purchasing power was affected by the global recession in 2020. During the pandemic, seasonal demand for confectionary items decreased in the US as reported by the National Confectioners Association in October 2020.
Market Trends, Drivers, Restraints, and Opportunities:
- Increasing number of health-conscious consumers preference for healthy varieties of products, such as organic chocolates, is estimated to boost the organic chocolate market.
- Growing awareness about the benefits of organic chocolates such as improvement in blood flow, lowers blood pressure, and enhancement in brain function is expected to fuel the market growth.
- Rising number of marketing campaigns aimed at children is positively influencing the growth of the market.
- Increasing preference for organic food products is a major contributing factor to the growth of the market.
- The preference for dark chocolates is expected to positively influence the organic chocolate market growth.
Scope of the report:
The report on global organic chocolates market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.
| Attributes | Details |
| Report Title | Global Organic Chocolates Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast |
| Base Year | 2020 |
| Historic Data | 2018 & 2019 |
| Forecast Period | 2021–2028 |
| Segmentation | Types (Organic Dark Chocolate, Organic Milk Chocolate, and Organic White Chocolate), Distribution Channels (Supermarkets, Health Food Stores, Convenience Stores, and Others) |
| Regional Scope | Asia Pacific, North America, Europe, Latin America, and Middle East & Africa |
| Report Coverage | Market scope, analysis, share, competitive analysis, growth facts, restraints, opportunities, and revenue forecast |
| Key Players Covered in the Report | Barry Callebaut AG, Divine Chocolate Ltd., Endangered Species Chocolate LLC, Equal Exchange Coop, Mondel?z International Inc., Montezuma's Direct Ltd., NibMor LLC, Taza Chocolate, The Grenada Chocolate Co., and The Hershey Co. |
Organic Chocolates Market Segment Insights:
Organic Dark Chocolate segment is projected to hold significant market share
In the terms of types, the market can be divided into organic dark chocolates, organic milk chocolates, and organic white chocolates. The organic dark chocolates segment dominated the market in 2020, and is estimated to grow at a steady rate in the projected timeline. The dark chocolate variety of organic chocolate has much higher cocoa content than other varieties of organic chocolate, which means it is packed with health-promoting nutrients. Organic dark chocolate enhances blood flow, lowers blood pressure, and improves cognitive function. Additionally, dark chocolate contains polyphenols, which are antioxidants that help in lowering blood cholesterol, which are also called low-density lipoproteins (LDLs).
Supermarket segment is anticipated to account for a substantial share
Based on distribution channels, the global organic chocolates market can be segmented into supermarkets, health food stores, convenience stores, and others. The supermarkets segment accounted for a large revenue share in 2020. Supermarkets provide consumers with a great shopping experience that makes them more likely to purchase organic chocolates. In order to develop this distribution channel, it is crucial to verify these items physically and to have expert assistance on hand. Transactions have become much simpler due to simple payment systems that comply with the regulatory requirements of various countries. Moreover, the rising number of smart supermarkets in the developed economies is driving the growth of the market segment.
Europe is expected to dominate the market
In terms of regions, the market can be categorized as Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Europe was a large market for organic chocolates in 2019, and the region is estimated to continue to offer maximum growth opportunities to the market vendors during the forecast period. With more health-conscious consumers seeking organic food options, and more retailers keeping organic chocolate in stores, the organic chocolate market in Europe is estimated to grow at a sustainable rate in the coming years. Moreover, increasing production of artisanal chocolates and constant innovation of flavors are major factors fueling the regional market's growth. High-quality products with good health and environmental benefits are in demand among consumers.
Segments
Segments Covered in the Report
By Types
- Organic Dark Chocolates
- Organic Milk Chocolates
- Organic White Chocolates
By Distribution Channels
- Supermarkets
- Health Food Stores
- Convenience Stores
- Others
By Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
By Key Players
- Barry Callebaut AG
- Divine Chocolate Ltd.
- Endangered Species Chocolate LLC
- Equal Exchange Coop
- Mondelēz International Inc.
- Montezuma's Direct Ltd.
- NibMor LLC
- Taza Chocolate
- The Grenada Chocolate Co.
- The Hershey Co.
Competitive Landscape
Key players in the global organic chocolates market are Barry Callebaut AG, Divine Chocolate Ltd., Endangered Species Chocolate LLC, Equal Exchange Coop, Mondelēz International Inc., Montezuma's Direct Ltd., NibMor LLC, Taza Chocolate, The Grenada Chocolate Co., and The Hershey Co. These players engage in mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence.
2. Assumptions and Acronyms Used
3. Research Methodology
4. Organic Chocolates Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Organic Chocolates Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Organic Chocolates Market - Supply Chain
4.5. Global Organic Chocolates Market Forecast
4.5.1. Organic Chocolates Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Organic Chocolates Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Organic Chocolates Market Absolute $ Opportunity
5. Global Organic Chocolates Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Organic Chocolates Market Size and Volume Forecast by Types
5.3.1. Organic Dark Chocolates
5.3.2. Organic Milk Chocolates
5.3.3. Organic White Chocolates
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Organic Chocolates Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Organic Chocolates Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Organic Chocolates Demand Share Forecast, 2019-2026
7. North America Organic Chocolates Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Organic Chocolates Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Organic Chocolates Market Size and Volume Forecast by Types
7.4.1. Organic Dark Chocolates
7.4.2. Organic Milk Chocolates
7.4.3. Organic White Chocolates
7.5. Basis Point Share (BPS) Analysis by Types
7.6. Y-o-Y Growth Projections by Types
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Organic Chocolates Demand Share Forecast, 2019-2026
8. Latin America Organic Chocolates Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Organic Chocolates Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Organic Chocolates Market Size and Volume Forecast by Types
8.4.1. Organic Dark Chocolates
8.4.2. Organic Milk Chocolates
8.4.3. Organic White Chocolates
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Organic Chocolates Demand Share Forecast, 2019-2026
9. Europe Organic Chocolates Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Organic Chocolates Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Organic Chocolates Market Size and Volume Forecast by Types
9.4.1. Organic Dark Chocolates
9.4.2. Organic Milk Chocolates
9.4.3. Organic White Chocolates
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Organic Chocolates Demand Share Forecast, 2019-2026
10. Asia Pacific Organic Chocolates Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Organic Chocolates Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Organic Chocolates Market Size and Volume Forecast by Types
10.4.1. Organic Dark Chocolates
10.4.2. Organic Milk Chocolates
10.4.3. Organic White Chocolates
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Organic Chocolates Demand Share Forecast, 2019-2026
11. Middle East & Africa Organic Chocolates Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Organic Chocolates Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Organic Chocolates Market Size and Volume Forecast by Types
11.4.1. Organic Dark Chocolates
11.4.2. Organic Milk Chocolates
11.4.3. Organic White Chocolates
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Organic Chocolates Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Organic Chocolates Market: Market Share Analysis
12.2. Organic Chocolates Distributors and Customers
12.3. Organic Chocolates Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Barry Callebaut AG
12.4.2. Divine Chocolate Ltd.
12.4.3. Endangered Species Chocolate LLC
12.4.4. Equal Exchange Coop
12.4.5. Mondelēz International Inc.
12.4.6. Montezuma's Direct Ltd.
12.4.7. NibMor LLC
12.4.8.
Segments Covered in the Report
By Types
- Organic Dark Chocolates
- Organic Milk Chocolates
- Organic White Chocolates
By Distribution Channels
- Supermarkets
- Health Food Stores
- Convenience Stores
- Others
By Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
By Key Players
- Barry Callebaut AG
- Divine Chocolate Ltd.
- Endangered Species Chocolate LLC
- Equal Exchange Coop
- Mondelēz International Inc.
- Montezuma's Direct Ltd.
- NibMor LLC
- Taza Chocolate
- The Grenada Chocolate Co.
- The Hershey Co.
Key players in the global organic chocolates market are Barry Callebaut AG, Divine Chocolate Ltd., Endangered Species Chocolate LLC, Equal Exchange Coop, Mondelēz International Inc., Montezuma's Direct Ltd., NibMor LLC, Taza Chocolate, The Grenada Chocolate Co., and The Hershey Co. These players engage in mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence.
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