According to the latest report by IMARC Group, titled "Dark Chocolate Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on dark chocolate market report. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global dark chocolate market size reached US$ 58.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 76.0 Billion by 2028, exhibiting a growth rate (CAGR) of 4.1% during 2023-2028.

What are dark chocolate?

Dark chocolate is a chocolate that comprises a higher quantity of cocoa solids and less sugar than milk chocolate. It is typically made from cocoa beans, sugar, and a small amount of cocoa butter. The cocoa solids in dark chocolate provide numerous health benefits, such as being high in antioxidants, improving heart health, and reducing inflammation. It possesses mood-boosting properties due to the presence of compounds like phenylethylamine and theobromine. The cocoa solids percentage in dark chocolate can vary from around 70% to 99%, with higher percentages generally indicating a more intense and bitter flavor. Dark chocolate is often enjoyed as a snack or used in cooking and baking and can be found in a variety of forms, such as bars, chips, and powder.

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What are the growth prospects and trends in the dark chocolate industry?

The global market is majorly driven by the increasing consumer awareness of the health benefits of dark chocolate. In line with this, the rising popularity of premium and luxury dark chocolate products is significantly contributing to the market growth. Furthermore, the growing health consciousness among consumers is positively influencing the market. Apart from this, the escalating demand for organic and natural food products is catalyzing the market. Moreover, the rapid product utilization in various applications such as confectionery, bakery products, snacks, and desserts is propelling the market. Besides, dark chocolate manufacturers are introducing new flavors and varieties to appeal to a wider audience. This is expected to expand the market and attract new customers. Additionally, the widespread availability of the product via several distribution channels is providing a boost to the market.

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Dark Chocolate Market Segmentation:

Our report has categorized the market based on region and distribution Channel.

Breakup by Distribution Channel:

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Non-Grocery Retailers
  • Others

Breakup by Region:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:

  • Market Performance (2017-2022)
  • Market Outlook (2023-2028)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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