MarkNtel Advisors recently published a report, titled, " Global Vegan Chocolate Market Vegan Chocolate Market Report - 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. As per as the report 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.
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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.
Leading Companies in Global Vegan Chocolate Market:
One Good, Nestle, Alter Eco, The Hershey’s company, Schmilk Chocolate, Chocoladefabriken Lindt Sprungli AG, Taza Chocolate, Goodio, Montezuma’s Direct Ltd., Sjaak’s, Plamil Foods Ltd., Endorfin Foods, Barry Callebaut, No Whey Chocolate, and Others (Creative Nature Ltd., Theo Chocolate, Inc.,).
Global Vegan Chocolate Market Segmentation:
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
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By Region
-North America
-South America
-Europe
-The Middle East Africa
-Asia-Pacific.
Key questions answered in the Global Vegan Chocolate Market are:
- What is Global Vegan Chocolate Market?
- What was the market size in 2023?
- What is the growth rate of the Global Vegan Chocolate Market?
- Which are the factors expected to drive the market growth?
- What are the different segments of the Global Vegan Chocolate Market?
- What segments are covered in the Market?
- Who are the key players in the Global Vegan Chocolate Market?
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