Vegan Chocolate Market to Grasp Excellent Growth by 2030
According to the latest market research report title “Vegan Chocolate Market By Chocolate Type (Milk Chocolate, White Chocolate, Dark Chocolate, Caramel, Nut, Fruit, Others (Praline, Baking, etc.,)), By Flavor Type (Unflavored, Flavored), By Packaging Type (Molded Bars, Chips & Bites, Box Assortments, Chocolate Truffles), By Sales Channel (Offline, [Supermarkets & Hypermarkets, Convenience Stores, Brand Owned Outlets], Online), Others–Forecast to 2024″, published by MarkNtel Advisors, The Global Vegan Chocolate Market size is estimated to grow at a CAGR of around 12.8% during the forecast period, i.e., 2024-30.
The data present in the report exhibit from the historic years (2019-22) and the base year (2023) to put together estimations for the forecast period (2024-30). In the study, our researchers put together reliable, unbiased, and accurate data to enlighten investors about fluctuations in the industry & anticipations on what to expect in the future. Since the industry is dynamic and highly fragmented, this report enables the prominent players to make strategic moves associated with their investments in the coming years.
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Global Vegan Chocolate Market Driver:
Rising Instances of Diseases Among Consumers Fueling the Market Growth – The rate of diseases such as heart attack, diabetes, anaphylaxis, etc, are increasing due to high intakes of dairy products, which results in an increased risk for these diseases. According to the World Health Organization, there have been nearly 10 million deaths in 2020 due to cancer, and the diabetes mortality rate increased by around 3% in 2019. Due to the increasing rate of diseases, consumers are shifting toward a vegan diet, as it tends to contain less saturated fat and cholesterol and more dietary fiber.
According to the American Journal of Clinical Nutrition, individuals who consume a vegan diet have lower serum cholesterol and lower blood pressure, reducing the risk of heart disease. The shifting of consumers towards a vegan diet would increase market growth.
Vegan Chocolate Market Segmentation
The Vegan Chocolate Market is highly robust and fragmented into numerous segments;
By Chocolate Type
-Milk Chocolate- Market Size & Forecast 2019-2030F, USD Million
-White Chocolate- Market Size & Forecast 2019-2030F, USD Million
-Dark Chocolate- Market Size & Forecast 2019-2030F, USD Million
-Caramel- Market Size & Forecast 2019-2030F, USD Million
-Nut- Market Size & Forecast 2019-2030F, USD Million
-Fruit- Market Size & Forecast 2019-2030F, USD Million
-Others (Praline, Baking, etc.,)- Market Size & Forecast 2019-2030F, USD Million
By Flavor Type
-Unflavored- Market Size & Forecast 2019-2030F, USD Million
-Flavored- Market Size & Forecast 2019-2030F, USD Million
By Packaging Type
-Molded Bars- Market Size & Forecast 2019-2030F, USD Million
-Chips & Bites- Market Size & Forecast 2019-2030F, USD Million
-Box Assortments- Market Size & Forecast 2019-2030F, USD Million
-Chocolate Truffles- Market Size & Forecast 2019-2030F, USD Million
By Sales Channel
-Offline- Market Size & Forecast 2019-2030F, USD Million
–Supermarkets & Hypermarkets- Market Size & Forecast 2019-2030F, USD Million
–Convenience Stores- Market Size & Forecast 2019-2030F, USD Million
–Brand Owned Outlets- Market Size & Forecast 2019-2030F, USD Million
-Online – Market Size & Forecast 2019-2030F, USD Million
By Region
-North America
-South America
-Europe
-The Middle East & Africa
-Asia-Pacific
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Key Players Operating in the Vegan Chocolate Market: –
Plamil Foods Ltd
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Endorfin Foods
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Barry Callebaut
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
No Whey Chocolate
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Key Questions Answered:
- What is the projected CAGR of the Vegan Chocolate Market during the forecast period?
- Which segment is expected to lead the Vegan Chocolate Market?
- Who are the prominent players driving market growth?
Key Offerings:
- Market Share, Size, and Revenue Forecast
- Market Dynamics: Growth drivers, restraints, investment opportunities, and key trends
- Landscape: Leading key players and other prominent participants
About MarkNtel Advisors
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
Using such information, our clients can identify attractive investment opportunities & strategize their moves to yield higher ROI (Return of Interest) through an early mover advantage with top-management approaches.
We understand the mounting & diverse needs of our clients. Hence, our analysts focus on emerging industries to provide services that fulfilled their assessment of the current & future industry potential, identify white spaces & hotspots, & venture into new geographies or business segments in the future.
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