Chocolate Market Growth Outlook 2024–2032
The global chocolate market is on a steady upward trajectory, projected to expand from approximately USD 120.8 billion in 2024 to around USD 186 billion by 2034 an estimated growth rate (CAGR) of 4.4%.Growth is driven by a few key trends: rising consumer interest in healthier options such as dark chocolate (high in antioxidants); burgeoning consumption in fast-growing regions like Asia‑Pacific, thanks to growing disposable income; and elevated chocolate purchases in Europe, where the treat is a staple in grocery carts. Innovation continues through functional and premium products, catering to taste and lifestyle preferences .
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