Organic chocolate market to grow by 2.39% Y-O-Y from 2021 to 2022: Increasing product launches will drive growth - Technavio

NEW YORK, Dec. 14, 2022 /PRNewswire/ -- Organic chocolate market insights -

• Vendors: 15+, including Alter Eco Americas Inc., Barry Callebaut AG, Chocolat Bernrain AG, Compartes Chocolatier, Difiori LLC, Divine Chocolate Ltd., Endangered Species Chocolate LLC, Fortissimo Chocolates Ltd., Giddy Yoyo Inc., HOFER KG, Mason and Co., Mondelez International Inc., Montezumas Direct Ltd., Newmans Own Inc., and Nibmor Inc. among others.
• Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
• Segments: Type and Geography

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From a regional perspective, Europe will account for 39% of the market's growth during the forecast period. The organic chocolate market size is estimated to grow by USD 137.54 million from 2021 to 2026 at a CAGR of 2.71% according to Technavio.

Organic chocolate market - Customer Landscape
To help companies evaluate and develop growth strategies, the report outlines –

• Key purchase criteria
• Adoption rates
• Adoption lifecycle
• Drivers of price sensitivity
• For highlights on customer landscape analysis, download a sample!

Organic chocolate market - Vendor Insights

The global organic chocolate market is fragmented due to the presence of several regional and global vendors. These vendors are trying to increase their sales and overall market share by launching new variants of organic chocolates. They are also launching new marketing campaigns to create awareness and encourage more consumers to buy their products. Technavio report analyzes the market's competitive landscape and offers information on several market vendors including –

• Barry Callebaut AG - The company offers organic chocolates such as Santo Domingo dark chocolate, Sao Tome, and Arriba Milk chocolate.
• Divine Chocolate Ltd. - The company offers organic chocolates such as Dark Chocolate with quinoa and blueberry, lemon, and Dark Chocolate 95 percent.
• HOFER KG - The company offers organic chocolates under the brand name Simply Nature under the subsidiary Aldi.

Organic chocolate market – Market Dynamics

Major Drivers – 

• Product launches
• Health benefits of organic chocolates
• Launch of new marketing campaigns

KEY challenges – 

• Product recalls
• Availability of regular variants of chocolate products
• Stringent regulations associated with chocolates

Drivers & Challenges have an impact on market dynamics and can impact
businesses. Find some insights from a free sample report!

The organic chocolate market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.

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What are the key data covered in this organic chocolate market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the organic chocolate market between 2022 and 2026
• Precise estimation of the size of the organic chocolate market size and its contribution to the market in focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the organic chocolate market industry across APAC, North America, Europe, South America, and Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of organic chocolate market vendors

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• The industrial chocolate market is estimated to grow at a CAGR of 5.06% between 2022 and 2027. The size of the market is forecast to increase by USD 2,699.24 million. Growing consumer awareness about the health benefits of dark chocolate is notably driving the market growth, although factors such as fluctuations in the prices of cocoa and sugar may impede the market growth.
• The truffle chocolate market size is expected to increase by USD 1.22 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 4.17%. The increasing number of new product launches is notably driving the truffle chocolate market growth, although factors such as distribution challenges may impede the market growth.

Table of contents:

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026 
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary 
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers 
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers 
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry 
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition 
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Type

• 5.1 Market segments 
• Exhibit 24: Chart on Type - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Type - Market share 2021-2026 (%)

• 5.2 Comparison by Type 
• Exhibit 26: Chart on Comparison by Type
• Exhibit 27: Data Table on Comparison by Type

• 5.3 Organic dark chocolate - Market size and forecast 2021-2026 
• Exhibit 28: Chart on Organic dark chocolate - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Organic dark chocolate - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Organic dark chocolate - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Organic dark chocolate - Year-over-year growth 2021-2026 (%)

• 5.4 Organic milk chocolate - Market size and forecast 2021-2026 
• Exhibit 32: Chart on Organic milk chocolate - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Organic milk chocolate - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Organic milk chocolate - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Organic milk chocolate - Year-over-year growth 2021-2026 (%)

• 5.5 Organic white chocolate - Market size and forecast 2021-2026 
• Exhibit 36: Chart on Organic white chocolate - Market size and forecast 2021-2026 ($ million)
• Exhibit 37: Data Table on Organic white chocolate - Market size and forecast 2021-2026 ($ million)
• Exhibit 38: Chart on Organic white chocolate - Year-over-year growth 2021-2026 (%)
• Exhibit 39: Data Table on Organic white chocolate - Year-over-year growth 2021-2026 (%)

• 5.6 Market opportunity by Type 
• Exhibit 40: Market opportunity by Type ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview 
• Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation 
• Exhibit 42: Chart on Market share by geography 2021-2026 (%)
• Exhibit 43: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison 
• Exhibit 44: Chart on Geographic comparison
• Exhibit 45: Data Table on Geographic comparison

• 7.3 Europe - Market size and forecast 2021-2026
• Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.4 North America - Market size and forecast 2021-2026
• Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.5 APAC - Market size and forecast 2021-2026
• Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.6 South America - Market size and forecast 2021-2026
• Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.7 Middle East and Africa - Market size and forecast 2021-2026 
• Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026
• Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 Germany - Market size and forecast 2021-2026
• Exhibit 70: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.10 China - Market size and forecast 2021-2026
• Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.11 UK - Market size and forecast 2021-2026
• Exhibit 78: Chart on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on UK - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 7.12 Canada - Market size and forecast 2021-2026
• Exhibit 82: Chart on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 83: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 84: Chart on Canada - Year-over-year growth 2021-2026 (%)
• Exhibit 85: Data Table on Canada - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography 
• Exhibit 86: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges 
• Exhibit 87: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape 
• Exhibit 88: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption 
• Exhibit 89: Overview on factors of disruption

• 9.4 Industry risks 
• Exhibit 90: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered 
• Exhibit 91: Vendors covered

• 10.2 Market positioning of vendors 
• Exhibit 92: Matrix on vendor position and classification

• 10.3 Barry Callebaut AG 
• Exhibit 93: Barry Callebaut AG - Overview
• Exhibit 94: Barry Callebaut AG - Business segments
• Exhibit 95: Barry Callebaut AG - Key news
• Exhibit 96: Barry Callebaut AG - Key offerings
• Exhibit 97: Barry Callebaut AG - Segment focus

• 10.4 Divine Chocolate Ltd. 
• Exhibit 98: Divine Chocolate Ltd. - Overview
• Exhibit 99: Divine Chocolate Ltd. - Product / Service
• Exhibit 100: Divine Chocolate Ltd. - Key offerings

• 10.5 Endangered Species Chocolate LLC 
• Exhibit 101: Endangered Species Chocolate LLC - Overview
• Exhibit 102: Endangered Species Chocolate LLC - Product / Service
• Exhibit 103: Endangered Species Chocolate LLC - Key offerings

• 10.6 HOFER KG 
• Exhibit 104: HOFER KG - Overview
• Exhibit 105: HOFER KG - Product / Service
• Exhibit 106: HOFER KG - Key offerings

• 10.7 Mondelez International Inc. 
• Exhibit 107: Mondelez International Inc. - Overview
• Exhibit 108: Mondelez International Inc. - Business segments
• Exhibit 109: Mondelez International Inc. - Key news
• Exhibit 110: Mondelez International Inc. - Key offerings
• Exhibit 111: Mondelez International Inc. - Segment focus

• 10.8 Montezumas Direct Ltd. 
• Exhibit 112: Montezumas Direct Ltd. - Overview
• Exhibit 113: Montezumas Direct Ltd. - Product / Service
• Exhibit 114: Montezumas Direct Ltd. - Key offerings

• 10.9 Nibmor Inc. 
• Exhibit 115: Nibmor Inc. - Overview
• Exhibit 116: Nibmor Inc. - Product / Service
• Exhibit 117: Nibmor Inc. - Key offerings

• 10.10 Taza Chocolate 
• Exhibit 118: Taza Chocolate - Overview
• Exhibit 119: Taza Chocolate - Product / Service
• Exhibit 120: Taza Chocolate - Key offerings

• 10.11 The Grenada Chocolate Co. Ltd. 
• Exhibit 121: The Grenada Chocolate Co. Ltd. - Overview
• Exhibit 122: The Grenada Chocolate Co. Ltd. - Product / Service
• Exhibit 123: The Grenada Chocolate Co. Ltd. - Key offerings

• 10.12 The Hershey Co. 
• Exhibit 124: The Hershey Co. - Overview
• Exhibit 125: The Hershey Co. - Business segments
• Exhibit 126: The Hershey Co. - Key news
• Exhibit 127: The Hershey Co. - Key offerings
• Exhibit 128: The Hershey Co. - Segment focus

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist 
• Exhibit 129: Inclusions checklist
• Exhibit 130: Exclusions checklist

• 11.3 Currency conversion rates for US$ 
• Exhibit 131: Currency conversion rates for US$

• 11.4 Research methodology 
• Exhibit 132: Research methodology
• Exhibit 133: Validation techniques employed for market sizing
• Exhibit 134: Information sources

• 11.5 List of abbreviations 
• Exhibit 135: List of abbreviations

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