LONDON--(BUSINESS WIRE)--Technavio has been monitoring the organic chocolate market and it is poised to grow by USD 127.31 million during 2020-2024, progressing at a CAGR of almost 3% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Frequently Asked Questions:
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Based on segmentation by type, which is the leading segment in the market?
Organic dark chocolate.
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What are the major trends in the market?
Growing demand for organic vegan chocolates.
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At what rate is the market projected to grow?
The market is projected to grow at a CAGR of almost 3% during 2020-2024.
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Who are the top players in the market?
Barry Callebaut AG, Divine Chocolate Ltd., Endangered Species Chocolate LLC, Equal Exchange Coop, Mondelēz International Inc., Montezuma's Direct Ltd., NibMor LLC, Taza Chocolate, The Grenada Chocolate Co., and The Hershey Co. are the top players in the market.
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What are the key market drivers and challenges?
The market is driven by the health benefits of organic chocolates. However, product recalls might hamper the growth of the market.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Barry Callebaut AG, Divine Chocolate Ltd., Endangered Species Chocolate LLC, Equal Exchange Coop, Mondelēz International Inc., Montezuma's Direct Ltd., NibMor LLC, Taza Chocolate, The Grenada Chocolate Co., and The Hershey Co. are some of the major market participants. The health benefits of organic chocolates will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Organic Chocolate Market 2020-2024: Segmentation
Organic Chocolate Market is segmented as below:
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Distribution Channel
- Health Food Stores
- Convenience Stores
- Others
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Type
- Organic Dark Chocolate
- Organic Milk Chocolate
- Organic White Chocolate
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Geographic Landscape
- APAC
- North America
- Europe
- South America
- MEA
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Organic Chocolate Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The organic chocolate market report covers the following areas:
- Organic Chocolate Market Size
- Organic Chocolate Market Trends
- Organic Chocolate Market Industry Analysis
This study identifies the growing demand for organic vegan chocolates as one of the prime reasons driving the Organic Chocolate Market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Organic Chocolate Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist organic chocolate market growth during the next five years
- Estimation of the organic chocolate market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the organic chocolate market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of organic chocolate market vendors
Table of Contents:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- Preface
- Preface
- Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
- Value chain analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2019
- Market outlook
- Market size and forecast 2019-2024
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY TYPE
- Market segmentation by type
- Comparison by type
- Organic dark chocolate - Market size and forecast 2019-2024
- Organic milk chocolate - Market size and forecast 2019-2024
- Organic white chocolate - Market size and forecast 2019-2024
- Market opportunity by type
PART 07: CUSTOMER LANDSCAPE
PART 08: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL
- Supermarkets and hypermarkets
- Health food stores
- Convenience stores
- Others
PART 09: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- Europe - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- APAC - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 12: MARKET TRENDS
- Growing demand for seasonal organic chocolates as gifts
- Initiatives to increase organic cocoa production
- Growing demand for organic vegan chocolates
PART 13: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 14: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Barry Callebaut AG
- Divine Chocolate Ltd.
- Endangered Species Chocolate LLC
- Equal Exchange Coop
- Mondelēz International Inc.
- Montezuma's Direct Ltd.
- NibMor LLC
- Taza Chocolate
- The Grenada Chocolate Co.
- The Hershey Co.
PART 15: APPENDIX
- Research methodology
- List of abbreviations
- Definition of market positioning of vendors
PART 16: EXPLORE TECHNAVIO
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