The vegan chocolate market valuation is likely to be valued at US$ 1,233.9 million in 2023. The market is predicted to grow at a CAGR of 11.9% from 2023 to 2033. The size of the vegan chocolate market is expected to reach US$ 3,814.2 million by 2033.
Vegan Chocolate Market Analysis and Insights
Attributes | Details |
---|---|
Vegan Chocolate Market Value, 2023 | US$ 1,233.9 million |
Projected Market Value, 2033 | US$ 3,814.2 million |
Value-based CAGR, 2023 to 2033 | 11.9% |
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The value of the vegan chocolate market in 2018 was US$ 681.34 million. The market grew at a CAGR of 13% over the historical period from 2018 to 2022.
The number of people turning to veganism accelerated immensely over the historical period. Countries like the United States, the United Kingdom, and Germany saw a rise in the number of people aiming to reduce meat intake. Consequently, the popularity of plant-based products increased significantly. By the end of the historical period, the market size reached US$ 1,110.9 million.
Attributes | Details |
---|---|
Vegan Chocolate Market Value, 2018 | US$ 681.34 million |
Vegan Chocolate Market Value, 2022 | US$ 1,110.9 million |
Historical CAGR, 2018 to 2022 | 13% |
Long-term Analysis of the Vegan Chocolate Market from 2023 to 2033
In 2023, the vegan chocolate market valuation is US$ 1,233.9 million. The market is forecasted to grow at an impressive CAGR of 11.9% from 2023 to 2033.
Awareness is growing among people of the benefits of switching to plant-based diets. Chocolate manufacturers are expected to hop on the vegan trend by expanding their product lines to include vegan chocolates, offering diverse flavors. Differing forms and tastes of vegan chocolate are tipped to keep sales of the product as well as customer retention high.
Organic and sustainable food product trends are predicted to rise over the forecast period. The number of people turning away from sugar consumption is also expected to increase. Brands in the vegan chocolate industry are predicted to keep pace by offering sustainable and sugar-free products. The demand for vegan chocolates is predicted to reach US$ 3,814.2 million by the end of the forecast period.
The vegan chocolate market can be split up into two segments: product types and form. By looking at the segments, the preference of the consumers in the way vegan chocolates are consumed can be observed.
Attributes | Details |
---|---|
Top Product Type | Dark Chocolate |
Market Share in 2023 | 68.4% |
Consumers highly prefer the bitter taste of dark chocolate. The dark chocolate segment accounts for a share of 68.4% of the market by product type. Consumers are increasingly moving away from sugary sweet chocolates. Certain health benefits associated with dark chocolate, such as fighting against the risk of heart conditions and Alzheimer's, have enhanced its sales.
Attributes | Details |
---|---|
Top Form | Bars |
Market Share in 2023 | 74.4% |
Bars are the leading form in which vegan chocolates are consumed. In 2023, bars dominate the market share by form, holding a share of 74.4%.
The popularity of chocolate bars remains evergreen. The trend of healthy chocolate bars is also contributing to the market’s growth.
Countries | CAGR (2023 to 2023) |
---|---|
United States | 11.0% |
Germany | 5.5% |
Japan | 14.8% |
China | 6.3% |
Australia | 12.5% |
The vegan movement is growing its foothold all over the world. Thus, the scope of the market for vegan chocolate is increasing with time. However, certain countries/regions constitute the major share of the market revenue.
North America, Europe, and the Asia Pacific dominate the market. The rising vegan trend in Europe and North America is aiding the demand for vegan chocolates. The increasing population in Asia Pacific aids the growth of the market.
Several people in the United States have a huge appetite for chocolates. Vegan chocolate is also being consumed in large quantities. The United States market accounts for a significant 31.5% of the market share.
American brands like The Hershey Company and Mars, Inc. are giants in the chocolate industry. The portfolios of brands are being expanded to appeal to the vegan population. For example, in June 2022, Mars, Inc. entered the vegan chocolate market by launching its animal-free and lactose-free CO2COA bar.
The Chinese market holds 13.6% of the market share in 2023. Online platforms are aiding the sale of vegan chocolate in China. The vegan population can access chocolates from local and multinational brands online. The online channel is also aiding companies in the Western sphere to expand into China.
Western brands are taking advantage of the rising demand for vegan chocolates in China by launching new products in the country.
For example, in 2019, the German vegan chocolate brand Nu Company entered the Chinese market, rebranding itself as Nuchoc in China.
Europe has a long tradition of chocolate-making and consumption. Chocolate is also a part of many traditions in the region. The vegan chocolate industry is enjoying the benefits of the European people undertaking vegan diets. Germany is one of the leading countries in Europe for vegan chocolates. Germany holds a 9.4% share of the market in 2023.
Germany has a large consumer base that prefers chocolates as a snack. More than 30% of all Germans enjoy chocolate as a relaxing food. The significant German consumer base is also favoring nut-based chocolates. Players in the German market are taking advantage of the Germans’ preference for nut-based chocolates.
For example, Alfred Ritter GmbH & Co. KG offers the Halbbitter-Schokolade Mandel Quinoa vegan chocolate, which has a mix of quinoa and almonds.
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The potential of the vegan chocolate industry is luring multinational chocolate brands. Recognized chocolate brands like Nestlé S.A. and The Hershey Company have entered the market. However, brands that focus solely on vegan chocolates are also thriving.
With the aid of technological advancement, the quality of vegan chocolate is being improved. Technological investments have enabled manufacturers to experiment with tastes and flavors.
Recent Developments in the Vegan Chocolate Market
In 2023, the size of the vegan chocolate market is estimated to be US$ 1,233.9 million.
Artisanal chocolates and chocolates packaged with toys are two of the trends in vegan chocolate.
The vegan chocolate market is expected to progress at a remarkable CAGR of 11.9% during the period from 2023 to 2033.
By 2033, the size of the vegan chocolate market is forecasted to reach US$ 3,814.2 million.
Mondelez International, The Hershey Company, Schmilk Chocolate (Chocolate Hollow, LLC), and Lindt & Sprüngli are some of the prominent players in the vegan chocolate market.
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Product Life Cycle Analysis 3.5. Supply Chain Analysis 3.5.1. Supply Side Participants and their Roles 3.5.1.1. Producers 3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers) 3.5.1.3. Wholesalers and Distributors 3.5.2. Value Added and Value Created at Node in the Supply Chain 3.5.3. List of Raw Material Suppliers 3.5.4. List of Existing and Potential Buyer’s 3.6. Investment Feasibility Matrix 3.7. Value Chain Analysis 3.7.1. Profit Margin Analysis 3.7.2. Wholesalers and Distributors 3.7.3. Retailers 3.8. PESTLE and Porter’s Analysis 3.9. Regulatory Landscape 3.9.1. By Key Regions 3.9.2. By Key Countries 3.10. Regional Parent Market Outlook 3.11. Production and Consumption Statistics 3.12. Import and Export Statistics 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 4.1. Historical Market Size Value (US$ Million) & Volume (MT) Analysis, 2018 to 2022 4.2. Current and Future Market Size Value (US$ Million) & Volume (MT) Projections, 2023 to 2033 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product Type 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Product Type, 2018 to 2022 5.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Product Type, 2023 to 2033 5.3.1. Raw Chocolate 5.3.2. White Chocolate 5.3.3. Dark Chocolate 5.3.4. Others 5.4. Y-o-Y Growth Trend Analysis By Product Type, 2018 to 2022 5.5. Absolute $ Opportunity Analysis By Product Type, 2023 to 2033 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Flavor 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Flavor, 2018 to 2022 6.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Flavor, 2023 to 2033 6.3.1. Unflavored 6.3.2. Flavored 6.4. Y-o-Y Growth Trend Analysis By Flavor, 2018 to 2022 6.5. Absolute $ Opportunity Analysis By Flavor, 2023 to 2033 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product Form 7.1. Introduction / Key Findings 7.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Product Form, 2018 to 2022 7.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Product Form, 2023 to 2033 7.3.1. Bars 7.3.2. Blended 7.3.3. Cookies 7.3.4. Granules 7.3.5. Liquid 7.3.6. Powder 7.3.7. Whole 7.3.8. Others 7.4. Y-o-Y Growth Trend Analysis By Product Form, 2018 to 2022 7.5. Absolute $ Opportunity Analysis By Product Form, 2023 to 2033 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application 8.1. Introduction / Key Findings 8.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Application, 2018 to 2022 8.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Application, 2023 to 2033 8.3.1. Baking Mixes 8.3.2. Snack Bars & Cereals 8.3.3. Candy, Chocolate & Gums 8.3.4. Cocoa Chips & Cookies 8.3.5. Coffee 8.3.6. Dairy & Desserts 8.3.7. Dietary Supplements 8.3.8. Ice Cream & Shake Mix 8.3.9. Condiments, Sauces & Spreads 8.3.10. Sports Bars & Nutrition 8.3.11. Others 8.4. Y-o-Y Growth Trend Analysis By Application, 2018 to 2022 8.5. Absolute $ Opportunity Analysis By Application, 2023 to 2033 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Sales Channel 9.1. Introduction / Key Findings 9.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Sales Channel, 2018 to 2022 9.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Sales Channel, 2023 to 2033 9.3.1. B2B / HoReCa 9.3.2. B2C 9.3.2.1. Hypermarkets /Supermarkets 9.3.2.2. Convenience Stores 9.3.2.3. Mom and Pop Stores 9.3.2.4. Discount Stores 9.3.2.5. Food Specialty Stores 9.3.2.6. Independent Small Groceries 9.3.2.7. Online Retail 9.3.2.8. Others Retail Formats 9.4. Y-o-Y Growth Trend Analysis By Sales Channel, 2018 to 2022 9.5. Absolute $ Opportunity Analysis By Sales Channel, 2023 to 2033 10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 10.1. Introduction 10.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Region, 2018 to 2022 10.3. Current Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Region, 2023 to 2033 10.3.1. North America 10.3.2. Latin America 10.3.3. Western Europe 10.3.4. Eastern Europe 10.3.5. South Asia and Pacific 10.3.6. East Asia 10.3.7. Middle East and Africa 10.4. Market Attractiveness Analysis By Region 11. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022 11.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033 11.2.1. By Country 11.2.1.1. The USA 11.2.1.2. Canada 11.2.2. By Product Type 11.2.3. By Flavor 11.2.4. By Product Form 11.2.5. By Application 11.2.6. By Sales Channel 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Product Type 11.3.3. By Flavor 11.3.4. By Product Form 11.3.5. By Application 11.3.6. By Sales Channel 11.4. Key Takeaways 12. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022 12.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033 12.2.1. By Country 12.2.1.1. Brazil 12.2.1.2. Mexico 12.2.1.3. Rest of Latin America 12.2.2. By Product Type 12.2.3. By Flavor 12.2.4. By Product Form 12.2.5. By Application 12.2.6. By Sales Channel 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Product Type 12.3.3. By Flavor 12.3.4. By Product Form 12.3.5. By Application 12.3.6. By Sales Channel 12.4. Key Takeaways 13. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022 13.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033 13.2.1. By Country 13.2.1.1. Germany 13.2.1.2. United Kingdom 13.2.1.3. France 13.2.1.4. Spain 13.2.1.5. Italy 13.2.1.6. Rest of Western Europe 13.2.2. By Product Type 13.2.3. By Flavor 13.2.4. By Product Form 13.2.5. By Application 13.2.6. By Sales Channel 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By Product Type 13.3.3. By Flavor 13.3.4. By Product Form 13.3.5. By Application 13.3.6. By Sales Channel 13.4. Key Takeaways 14. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022 14.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033 14.2.1. By Country 14.2.1.1. Poland 14.2.1.2. Russia 14.2.1.3. Czech Republic 14.2.1.4. Romania 14.2.1.5. Rest of Eastern Europe 14.2.2. By Product Type 14.2.3. By Flavor 14.2.4. By Product Form 14.2.5. By Application 14.2.6. By Sales Channel 14.3. Market Attractiveness Analysis 14.3.1. By Country 14.3.2. By Product Type 14.3.3. By Flavor 14.3.4. By Product Form 14.3.5. By Application 14.3.6. By Sales Channel 14.4. Key Takeaways 15. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022 15.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033 15.2.1. By Country 15.2.1.1. India 15.2.1.2. Bangladesh 15.2.1.3. Australia 15.2.1.4. New Zealand 15.2.1.5. Rest of South Asia and Pacific 15.2.2. By Product Type 15.2.3. By Flavor 15.2.4. By Product Form 15.2.5. By Application 15.2.6. By Sales Channel 15.3. Market Attractiveness Analysis 15.3.1. By Country 15.3.2. By Product Type 15.3.3. By Flavor 15.3.4. By Product Form 15.3.5. By Application 15.3.6. By Sales Channel 15.4. Key Takeaways 16. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 16.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022 16.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033 16.2.1. By Country 16.2.1.1. China 16.2.1.2. Japan 16.2.1.3. South Korea 16.2.2. By Product Type 16.2.3. By Flavor 16.2.4. By Product Form 16.2.5. By Application 16.2.6. By Sales Channel 16.3. Market Attractiveness Analysis 16.3.1. By Country 16.3.2. By Product Type 16.3.3. By Flavor 16.3.4. By Product Form 16.3.5. By Application 16.3.6. By Sales Channel 16.4. Key Takeaways 17. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 17.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022 17.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033 17.2.1. By Country 17.2.1.1. GCC Countries 17.2.1.2. South Africa 17.2.1.3. Israel 17.2.1.4. Rest of MEA 17.2.2. By Product Type 17.2.3. By Flavor 17.2.4. By Product Form 17.2.5. By Application 17.2.6. By Sales Channel 17.3. Market Attractiveness Analysis 17.3.1. By Country 17.3.2. By Product Type 17.3.3. By Flavor 17.3.4. By Product Form 17.3.5. By Application 17.3.6. By Sales Channel 17.4. Key Takeaways 18. Key Countries Market Analysis 18.1. USA 18.1.1. Pricing Analysis 18.1.2. Market Share Analysis, 2022 18.1.2.1. By Product Type 18.1.2.2. By Flavor 18.1.2.3. By Product Form 18.1.2.4. By Application 18.1.2.5. By Sales Channel 18.2. Canada 18.2.1. Pricing Analysis 18.2.2. Market Share Analysis, 2022 18.2.2.1. By Product Type 18.2.2.2. By Flavor 18.2.2.3. By Product Form 18.2.2.4. By Application 18.2.2.5. By Sales Channel 18.3. Brazil 18.3.1. Pricing Analysis 18.3.2. Market Share Analysis, 2022 18.3.2.1. By Product Type 18.3.2.2. By Flavor 18.3.2.3. By Product Form 18.3.2.4. By Application 18.3.2.5. By Sales Channel 18.4. Mexico 18.4.1. Pricing Analysis 18.4.2. Market Share Analysis, 2022 18.4.2.1. By Product Type 18.4.2.2. By Flavor 18.4.2.3. By Product Form 18.4.2.4. By Application 18.4.2.5. By Sales Channel 18.5. Germany 18.5.1. Pricing Analysis 18.5.2. Market Share Analysis, 2022 18.5.2.1. By Product Type 18.5.2.2. By Flavor 18.5.2.3. By Product Form 18.5.2.4. By Application 18.5.2.5. By Sales Channel 18.6. United Kingdom 18.6.1. Pricing Analysis 18.6.2. Market Share Analysis, 2022 18.6.2.1. By Product Type 18.6.2.2. By Flavor 18.6.2.3. By Product Form 18.6.2.4. By Application 18.6.2.5. By Sales Channel 18.7. France 18.7.1. Pricing Analysis 18.7.2. Market Share Analysis, 2022 18.7.2.1. By Product Type 18.7.2.2. By Flavor 18.7.2.3. By Product Form 18.7.2.4. By Application 18.7.2.5. By Sales Channel 18.8. Spain 18.8.1. Pricing Analysis 18.8.2. Market Share Analysis, 2022 18.8.2.1. By Product Type 18.8.2.2. By Flavor 18.8.2.3. By Product Form 18.8.2.4. By Application 18.8.2.5. By Sales Channel 18.9. Italy 18.9.1. Pricing Analysis 18.9.2. Market Share Analysis, 2022 18.9.2.1. By Product Type 18.9.2.2. By Flavor 18.9.2.3. By Product Form 18.9.2.4. By Application 18.9.2.5. By Sales Channel 18.10. Poland 18.10.1. Pricing Analysis 18.10.2. Market Share Analysis, 2022 18.10.2.1. By Product Type 18.10.2.2. By Flavor 18.10.2.3. By Product Form 18.10.2.4. By Application 18.10.2.5. By Sales Channel 18.11. Russia 18.11.1. Pricing Analysis 18.11.2. Market Share Analysis, 2022 18.11.2.1. By Product Type 18.11.2.2. By Flavor 18.11.2.3. By Product Form 18.11.2.4. By Application 18.11.2.5. By Sales Channel 18.12. Czech Republic 18.12.1. Pricing Analysis 18.12.2. Market Share Analysis, 2022 18.12.2.1. By Product Type 18.12.2.2. By Flavor 18.12.2.3. By Product Form 18.12.2.4. By Application 18.12.2.5. By Sales Channel 18.13. Romania 18.13.1. Pricing Analysis 18.13.2. Market Share Analysis, 2022 18.13.2.1. By Product Type 18.13.2.2. By Flavor 18.13.2.3. By Product Form 18.13.2.4. By Application 18.13.2.5. By Sales Channel 18.14. India 18.14.1. Pricing Analysis 18.14.2. Market Share Analysis, 2022 18.14.2.1. By Product Type 18.14.2.2. By Flavor 18.14.2.3. By Product Form 18.14.2.4. By Application 18.14.2.5. By Sales Channel 18.15. Bangladesh 18.15.1. Pricing Analysis 18.15.2. Market Share Analysis, 2022 18.15.2.1. By Product Type 18.15.2.2. By Flavor 18.15.2.3. By Product Form 18.15.2.4. By Application 18.15.2.5. By Sales Channel 18.16. Australia 18.16.1. Pricing Analysis 18.16.2. Market Share Analysis, 2022 18.16.2.1. By Product Type 18.16.2.2. By Flavor 18.16.2.3. By Product Form 18.16.2.4. By Application 18.16.2.5. By Sales Channel 18.17. New Zealand 18.17.1. Pricing Analysis 18.17.2. Market Share Analysis, 2022 18.17.2.1. By Product Type 18.17.2.2. By Flavor 18.17.2.3. By Product Form 18.17.2.4. By Application 18.17.2.5. By Sales Channel 18.18. China 18.18.1. Pricing Analysis 18.18.2. Market Share Analysis, 2022 18.18.2.1. By Product Type 18.18.2.2. By Flavor 18.18.2.3. By Product Form 18.18.2.4. By Application 18.18.2.5. By Sales Channel 18.19. Japan 18.19.1. Pricing Analysis 18.19.2. Market Share Analysis, 2022 18.19.2.1. By Product Type 18.19.2.2. By Flavor 18.19.2.3. By Product Form 18.19.2.4. By Application 18.19.2.5. By Sales Channel 18.20. South Korea 18.20.1. Pricing Analysis 18.20.2. Market Share Analysis, 2022 18.20.2.1. By Product Type 18.20.2.2. By Flavor 18.20.2.3. By Product Form 18.20.2.4. By Application 18.20.2.5. By Sales Channel 18.21. GCC Countries 18.21.1. Pricing Analysis 18.21.2. Market Share Analysis, 2022 18.21.2.1. By Product Type 18.21.2.2. By Flavor 18.21.2.3. By Product Form 18.21.2.4. By Application 18.21.2.5. By Sales Channel 18.22. South Africa 18.22.1. Pricing Analysis 18.22.2. Market Share Analysis, 2022 18.22.2.1. By Product Type 18.22.2.2. By Flavor 18.22.2.3. By Product Form 18.22.2.4. By Application 18.22.2.5. By Sales Channel 18.23. Israel 18.23.1. Pricing Analysis 18.23.2. Market Share Analysis, 2022 18.23.2.1. By Product Type 18.23.2.2. By Flavor 18.23.2.3. By Product Form 18.23.2.4. By Application 18.23.2.5. By Sales Channel 19. Market Structure Analysis 19.1. Competition Dashboard 19.2. Competition Benchmarking 19.3. Market Share Analysis of Top Players 19.3.1. By Regional 19.3.2. By Product Type 19.3.3. By Flavor 19.3.4. By Product Form 19.3.5. By Application 19.3.6. By Sales Channel 20. Competition Analysis 20.1. Competition Deep Dive 20.1.1. Mondelez International 20.1.1.1. Overview 20.1.1.2. Product Portfolio 20.1.1.3. Profitability by Market Segments 20.1.1.4. Sales Footprint 20.1.1.5. Strategy Overview 20.1.1.5.1. Marketing Strategy 20.1.1.5.2. Product Strategy 20.1.1.5.3. Channel Strategy 20.1.2. The Hershey Company 20.1.2.1. Overview 20.1.2.2. Product Portfolio 20.1.2.3. Profitability by Market Segments 20.1.2.4. Sales Footprint 20.1.2.5. Strategy Overview 20.1.2.5.1. Marketing Strategy 20.1.2.5.2. Product Strategy 20.1.2.5.3. Channel Strategy 20.1.3. Schmilk Chocolate (Chocolate Hollow, LLC) 20.1.3.1. Overview 20.1.3.2. Product Portfolio 20.1.3.3. Profitability by Market Segments 20.1.3.4. Sales Footprint 20.1.3.5. Strategy Overview 20.1.3.5.1. Marketing Strategy 20.1.3.5.2. Product Strategy 20.1.3.5.3. Channel Strategy 20.1.4. Lindt & Sprüngli 20.1.4.1. Overview 20.1.4.2. Product Portfolio 20.1.4.3. Profitability by Market Segments 20.1.4.4. Sales Footprint 20.1.4.5. Strategy Overview 20.1.4.5.1. Marketing Strategy 20.1.4.5.2. Product Strategy 20.1.4.5.3. Channel Strategy 20.1.5. Ritter Sport 20.1.5.1. Overview 20.1.5.2. Product Portfolio 20.1.5.3. Profitability by Market Segments 20.1.5.4. Sales Footprint 20.1.5.5. Strategy Overview 20.1.5.5.1. Marketing Strategy 20.1.5.5.2. Product Strategy 20.1.5.5.3. Channel Strategy 20.1.6. Hu Chocolate 20.1.6.1. Overview 20.1.6.2. Product Portfolio 20.1.6.3. Profitability by Market Segments 20.1.6.4. Sales Footprint 20.1.6.5. Strategy Overview 20.1.6.5.1. Marketing Strategy 20.1.6.5.2. Product Strategy 20.1.6.5.3. Channel Strategy 20.1.7. Alter Eco 20.1.7.1. Overview 20.1.7.2. Product Portfolio 20.1.7.3. Profitability by Market Segments 20.1.7.4. Sales Footprint 20.1.7.5. Strategy Overview 20.1.7.5.1. Marketing Strategy 20.1.7.5.2. Product Strategy 20.1.7.5.3. Channel Strategy 20.1.8. TCHO 20.1.8.1. Overview 20.1.8.2. Product Portfolio 20.1.8.3. Profitability by Market Segments 20.1.8.4. Sales Footprint 20.1.8.5. Strategy Overview 20.1.8.5.1. Marketing Strategy 20.1.8.5.2. Product Strategy 20.1.8.5.3. Channel Strategy 20.1.9. Endorfin Foods 20.1.9.1. Overview 20.1.9.2. Product Portfolio 20.1.9.3. Profitability by Market Segments 20.1.9.4. Sales Footprint 20.1.9.5. Strategy Overview 20.1.9.5.1. Marketing Strategy 20.1.9.5.2. Product Strategy 20.1.9.5.3. Channel Strategy 20.1.10. Sjaak’s 20.1.10.1. Overview 20.1.10.2. Product Portfolio 20.1.10.3. Profitability by Market Segments 20.1.10.4. Sales Footprint 20.1.10.5. Strategy Overview 20.1.10.5.1. Marketing Strategy 20.1.10.5.2. Product Strategy 20.1.10.5.3. Channel Strategy 20.1.11. VGAN Chocolates 20.1.11.1. Overview 20.1.11.2. Product Portfolio 20.1.11.3. Profitability by Market Segments 20.1.11.4. Sales Footprint 20.1.11.5. Strategy Overview 20.1.11.5.1. Marketing Strategy 20.1.11.5.2. Product Strategy 20.1.11.5.3. Channel Strategy 20.1.12. Divine Treasures LLC 20.1.12.1. Overview 20.1.12.2. Product Portfolio 20.1.12.3. Profitability by Market Segments 20.1.12.4. Sales Footprint 20.1.12.5. Strategy Overview 20.1.12.5.1. Marketing Strategy 20.1.12.5.2. Product Strategy 20.1.12.5.3. Channel Strategy 20.1.13. Equal Exchange COOP 20.1.13.1. Overview 20.1.13.2. Product Portfolio 20.1.13.3. Profitability by Market Segments 20.1.13.4. Sales Footprint 20.1.13.5. Strategy Overview 20.1.13.5.1. Marketing Strategy 20.1.13.5.2. Product Strategy 20.1.13.5.3. Channel Strategy 20.1.14. No Whey Chocolate 20.1.14.1. Overview 20.1.14.2. Product Portfolio 20.1.14.3. Profitability by Market Segments 20.1.14.4. Sales Footprint 20.1.14.5. Strategy Overview 20.1.14.5.1. Marketing Strategy 20.1.14.5.2. Product Strategy 20.1.14.5.3. Channel Strategy 21. Assumptions & Acronyms Used 22. Research Methodology
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