Table of Contents
Historical Data, Premium Insights, Market Dynamic, Analysis and Projection, By Product, Analysis and Projection, By Application, Analysis and Projection, By End-Use, Analysis and Projection, By Regional Analysis, Competitive Landscape, Company Profiles, Market Revenue, Sale & Price Analysis
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According to a research report published by Spherical Insights & Consulting, The Global Artisan Chocolate Market Size is Expected to Grow from USD 5.98 Billion in 2023 to USD 20.2 Billion by 2033, Growing at a CAGR of 12.94% during the forecast period 2023-2033.
Browse 210 market data Tables and 45 Figures spread through 190 Pages and in-depth TOC on the Global Artisan Chocolate Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Dark Chocolate, Milk Chocolate, White Chocolate), By End-User (Individual Consumers, Food Service Sector, Retailers, Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.
The artisan chocolate industry is composed of small-batch chocolate producers who produce distinctive, premium chocolate using conventional production techniques. Using only pure cocoa butter sourced from sustainable sources, artisan chocolate is handcrafted. The market for artisan chocolate is expanding due to customers' growing willingness to pay more for high-end, ethically sourced goods. As they learn more about ingredients, health-conscious consumers are looking for gourmet, fair-trade, and organic chocolates. By focusing on manufacturing and sourcing transparency, craft chocolate firms are leveraging this trend. This change is also fuelled by the growth of artisanal food movements and the desire for distinctive flavor sensations. The market's evolution is being shaped by the growing demand for premium and organic chocolates as consumers place a higher priority on ethical, high-quality, and healthful activities. However, the artisan chocolates market suffers some obstacles, such as premium ingredients and the high cost of the production process.
The dark chocolate segment held the largest share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period.
Based on the product type, the global artisan chocolate market is separated into dark chocolate, milk chocolate, and white chocolate. Among these, the dark chocolate segment held a dominant share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period. Its delicious flavor, health advantages, and rising appeal among health-conscious consumers are the reasons for its domination. Dark chocolate, which contains more cocoa than milk chocolate and has less sugar and antioxidants, is frequently seen as a better option.
The individual consumers segment held a major share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period.
On the basis of end-user, the global artisan chocolate market is classified into individual consumers, food service sector, retailers, and others. Among these, the individual consumers segment held a major share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period. This dominance is derived by consumers who value distinctive flavors and premium ingredients, and began to favor luxury chocolates along with rising appeal among health-conscious consumers. Further, romantic getaway events were among the holidays and special occasions that continued to drive segment growth.
Europe is projected to hold the largest share of the global artisan chocolate market over the forecast period.
Europe is projected to dominate the global artisan chocolate market during the forecast period. This regional dominance is attributed to the region's strong history, consumers' strong predilection for high-end chocolate goods, and Europe's rich chocolate heritage are the main reasons for the continent's market supremacy. The sector is seeing innovation and premiumization due to the well-known chocolate-making skills of nations like France, Belgium, and Switzerland, which have further strengthened the regional market expansion. Food safety and ethical sourcing are improved by Europe's strong regulatory system, and the booming tourism sector helps local producers, which propels the regional market revenue.
North America is anticipated to grow at the fastest CAGR growth in the global artisan chocolate market during the forecasting period. The existence of numerous artisanal chocolate producers and the high level of consumer awareness of premium chocolates are driving this regional expansion. Given that customers are increasingly searching for premium chocolates that come from ethical sources, the US market is particularly sizable. It is projected that the market in this region will expand steadily because of the strong demand for upmarket food items and the rising acceptance of upscale products.
Company Profiling
Major key vendors of global artisan chocolate market are Mars Incorporated, Omnom Chocolate, Green & Black’s Organic, The Hershey Company, Artisan Confections Company, Ferrero Group, Lindt & Sprüngli AG, Mondelez International, Inc., Taza Chocolate, Chocoladefabriken Lindt & Sprüngli (USA) Inc., Ghirardelli Chocolate Company, and others.
Key Target Audience
Recent Development
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global artisan chocolate market based on the below-mentioned segments:
Global Artisan Chocolate Market, By Product Type
Global Artisan Chocolate Market, By End-User
Global Artisan Chocolate Market, By Region
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