Organic Chocolate Confectionery Market SWOT Analysis, Penetration and Growth Prospect Mapping

Organic Chocolate Confectionery Industry Overview

The global organic chocolate confectionery market size was valued at USD 824.1 million in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 6.8% from 2021 to 2028. Increasing preference for healthy food products is a major factor contributing to the growth of the market. Chocolate confectionery manufacturing companies conduct several marketing & promotional activities to increase the outreach of their products. The COVID-19 outbreak has disrupted the market. The consumption of mainstream chocolate was nearly stable; however, the craft chocolate segment witnessed difficulties during the time. The global recession in 2020 affected the purchasing power of consumers. As per a report published by the National Confectioners Association in October 2020, seasonal demand for confectionery declined in the U.S. due to the pandemic.

As chocolate confectioneries are often consumed out of home or on the go, the sales of these products declined initially in 2020. Factors, such as growing consumerism and rising disposable incomes further strengthen the growth of the market. Besides, several market players have adopted strategies of branding their chocolate confectionery items in innovative ways, such as healthy variants.

Gather more insights about the market drivers, restraints and growth of the Global Organic Chocolate Confectionery market

Moreover, attractive product packaging, creative branding activities, and promotional events raise customer appetite for these chocolates. In addition, in this market, marketing campaigns aimed at children are gaining traction. Increasing awareness of the nutritive value of cocoa-rich chocolate is one of the several factors driving the market. Iron, magnesium, copper, and other minerals, such as potassium, phosphorous, and zinc, are abundant in dark chocolate.

Furthermore, dark chocolate is high in antioxidants, which help protect the skin from the sun’s harmful rays. Consumers in both developed and developing countries are becoming more health-conscious, thus, the demand for organic foods that are free of synthetic additives is on the rise. Furthermore, e-commerce has widened the opportunity for the producers by providing them an extensive selling distribution channel.

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Confectionery Market – The global confectionery market size was valued at USD 298.23 billion in 2021 and is projected to expand at a compound annual growth rate (CAGR) of 4.3% from 2022 to 2028.

Sugar-free Confectionery Market – The global sugar-free confectionery market size was valued at USD 1.88 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 5.1% from 2020 to 2027.

Organic Chocolate Confectionery Industry Segmentation

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 (Revenue, USD Million, 2016 – 2028)

• North America
• Europe
• Asia Pacific
• Central & South America
• MEA (Middle East & Africa)

Key Companies profiled:

Some prominent players in the global Organic Chocolate Confectionery Industry include

• 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.

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