Charting Growth: Vegan Chocolate Market By 2030, Showcasing a CAGR of 12.8%

How big is the Global Vegan Chocolate market?

According to MarkNtel Advisors study, The Global Vegan Chocolate Market size is projected 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 Trend:

Growing Demand for Vegan-Based Products Propels Market Growth – Individuals are shifting towards plant-based products such as nut protein, salted caramel, and brown butter. Vegan chocolates are diabetic friendly which helps to reduce heart-related disease and are a healthy alternative for diabetic patients. The growing awareness of health among consumers is increasing the growth of vegan-based chocolates. Consumers who love sweets can freely avail these vegan chocolates as they are beneficial for health and do not cause any harmful side effects. Therefore, the growing demand for vegan-based products is increasing market growth and is expected to drive the market in the forecast period as well.

Leading Companies in the 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
Others (Creative Nature Ltd., Theo Chocolate, Inc.,)

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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

The milk chocolate segment is anticipated to dominate the Global Vegan Chocolate Market.

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

Regional/ Countries Insight:

North America
Latin America
Europe
Asia-Pacific
The Middle East & Africa

Europe holds a significant market share in the Global Vegan Chocolate Market, due to increasing demand for plant-based and dairy-free products. Veganism and vegetarianism have been becoming more popular in the region as consumers seek alternative options for traditional chocolates.

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About MarkNtel Advisors:

MarkNtel Advisors is a leading consulting, data analytics, and market research company that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

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