Organic Chocolate Confectionery Market Size Worth $1,397.6 Million By 2028: Grand View Research, Inc.

SAN FRANCISCO, June 8, 2021 /PRNewswire/ -- The global organic chocolate confectionery market size is expected to reach USD 1,397.6 million by 2028, registering a CAGR of 6.8% over the forecast period, according to a new report by Grand View Research, Inc. Increasing preference for organic food products is a major factor contributing to the growth of the market. Rapid consumerism and rising disposable income levels are bolstering the market growth. Furthermore, several market players have introduced strategies for branding their chocolate confectionery in novel ways, such as organic versions.

Key suggestions from the report:

• Europe is expected to register the fastest growth rate during forecast years
• This growth is credited to the easy availability of artisanal chocolates and constant innovations with consistent product quality
• The chips & bites segment is expected to register the fastest CAGR during forecast years
• Supermarkets/hypermarkets platform held the largest market share in 2020 and will expand further at a steady CAGR from 2021 to 2028

Read 185 page research report with ToC on "Organic Chocolate Confectionery Market Size, Share & Trends Analysis Report By Type (Milk, Dark), By Product (Molded Bars, Chips & Bites), By Distribution Channel (Online, Super/Hypermarkets), And Segment Forecasts, 2021 - 2028" at: https://www.grandviewresearch.com/industry-analysis/organic-chocolate-confectionery-market

This has also resulted in the growing consumption of these items, especially dark chocolate. The supermarkets & hypermarkets segment accounted for the largest revenue share in 2020. A large number of consumers prefer buying organic chocolate confectioneries from hypermarkets & supermarkets due to the shopping experience offered by these stores. Physical verification of these items, as well as expert assistance, is a significant factor in the development of this distribution channel.

The milk chocolate segment accounted for the largest share of the global revenue in 2020. Milk chocolate bars are becoming increasingly common in cooking and baking. Milk chocolate is a popular ingredient in a variety of cakes, pastries, and confections. It has a creamier texture and flavor than other chocolate varieties, thus, it is preferred over other chocolate varieties. The market is fragmented in nature, with the presence of a large number of global and regional players.

Grand View Research has segmented the global organic chocolate confectionery market on the basis of product, type, distribution channel and region:

• Organic Chocolate Confectionery Product Outlook (Volume, Thousand Units; Revenue, USD Million, 2016 - 2028)
• Boxed
• Molded Bars
• Chips & Bites
• Truffles & Cups
• Organic Chocolate Confectionery Type Outlook (Volume, Thousand Units; Revenue, USD Million, 2016 - 2028)
• Milk
• Dark
• White
• Organic Chocolate Confectionery Distribution Channel Outlook (Volume, Thousand Units; Revenue, USD Million, 2016 - 2028)
• Supermarkets/Hypermarkets
• Online
• Others
• Organic Chocolate Confectionery Regional Outlook (Volume, Thousand Units; Revenue, USD Million, 2016 - 2028)
• North America
• U.S.
• Mexico
• Canada
• Europe
• Germany
• U.K.
• France
• Switzerland
• Italy
• Russia
• The Netherlands
• Spain
• Sweden
• Denmark
• Belgium
• Asia Pacific
• China
• Japan
• South Korea
• Australia
• Central & South America
• Brazil
• Middle East & Africa
• South Africa
• Saudi Arabia
• Israel

List of Key Players of Organic Chocolate Confectionery Market

• Pascha Chocolate Co.
• Theo Chocolate, Inc.
• Rococo Chocolates London Ltd.
• Pana Organic
• Original Beans
• Doisy And Dam
• Green and Black's
• Lake Champlain Chocolates
• Love Cocoa
• Daylesford Organic Ltd.
• K'UL CHOCOLATE
• Seed & Bean
• Taza Chocolate
• Alter Eco
• Equal Exchange Coop.

Find more research reports on  Consumer F&B Industry, by Grand View Research:

• Chocolate Confectionery Market – The global chocolate confectionery market size was valued at USD 123.7 billion in 2016 and is expected to grow at a CAGR of 2.5% during the forecast period.
• Liquor Confectionery Market – The global liquor confectionery market size was valued at USD 553.8 million in 2018 and is expected to register a CAGR of 5.1% from 2019 to 2025.
• Vegan Confectionery Market – The global vegan confectionery market size was valued at USD 816.0 million in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 11.8% from 2020 to 2027.

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About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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SOURCE Grand View Research, Inc.