The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Vegan Chocolate Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape. The research company provides an extensive range of strategic reports on diverse industry verticals to substantial and varied client bases, including multinational corporations, financial institutions, governments, and individuals, among others.
Vegan Chocolate Industry Analytical Overview (2024-2030): Drivers, Opportunities, Challenges, and Trends,
According to the latest report, Vegan Chocolate Market size is estimated to grow at a CAGR of around 12.8% during the forecast period, i.e., 2024-30. The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data. These include the widespread segmentation, geography, and recent developments, entailing information on the fluctuation in the demand, sales, revenue, and other parameters experienced and expected in the industry for the forecasting year i.e. 2024 to 2030.
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What is Included in Vegan Chocolate Market Segmentation?
The report has segmented the market into the following categories:
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
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
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Key Factor Driver Vegan Chocolate Industry Growth by 2030
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.
Who are the Key Players Operating in the Vegan Chocolate Industry?
The top companies of the Vegan Chocolate market ruling the industry are:
- One Good
- Nestle
- Alter Eco
- The Hershey 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., etc.)
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FAQs (Frequently Ask Questions)
- What are the industry’s overall statistics or estimates including CARG and USD Value of the forecasting years?
- What are the trends influencing the current scenario of the Vegan Chocolate Market?
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- Which is the Leading segment in the market?
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MarkNtel Advisors is a leading consulting, data analytics, and market research firm 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.
We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
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