This statistic depicts the retail consumption of chocolate confectionery worldwide from 2012/2013 to 2018/2019. In 2015/2016, about 7.3 million tons of retail chocolate confectionery were consumed worldwide, with consumption expected to reach approximately 7.7 million tons by 2018/2019. Global retail sales of chocolate reached approximately 101 billion U.S. dollars in 2015, with the U.S. accounting for the largest portion of chocolate confectionary sales worldwide that year.

The Chocolate Market report segments the industry into Confectionery Variant (Dark Chocolate, Milk and White Chocolate), Distribution Channel (Convenience Store, Online Retail Store, Supermarket/Hypermarket, Others), and Region (Africa, Asia-Pacific, Europe, Middle East, North America, South America). Five years of historical data and five-year forecasts are provided.

The Hershey Company was the leading chocolate manufacturer in the United States in 2022 in terms of market share. The company held approximately 35.5 percent of the total market, with only Mars as a significant competitor for market leader. In terms of the total confectionery market, Mars has Hershey beat for largest market share, but only barely edged out their competitor by about 0.4 percent. Hershey’s history The Hershey Company was founded in 1894 by Milton Hershey and is headquartered in Hershey, Pennsylvania. The town itself was largely built by Milton Hershey, and many places in the town bear the Hershey name, including Hershey’s Chocolate World and Hersheypark. Hershey’s Chocolatetown at Hersheypark was one of the largest construction projects in the United States as of January 2019, with a cost of 150 million dollars. Hershey’s popularity Hershey’s generous market share in the United States is due to the confectionery company’s popularity across brands. In a 2018 survey, three of the top four most popular chocolate brands among consumers were sold by Hershey. When it comes to Halloween candy, the company’s Reese’s Peanut Butter Cups were the prized chocolate among trick-or-treaters of all ages.

The global Chocolate Market is projected to reach USD 255.58 billion by 2034 With at a CAGR of 5.6% during the forecast period.

Global chocolate market worth at USD 135.75 Billion in 2024, is expected to surpass USD 191.48 Billion by 2034, with a CAGR of 3.5% from 2025 to 2034.

The Canada Chocolate Market is segmented by Confectionery Variant (Dark Chocolate, Milk and White Chocolate) and by Distribution Channel (Convenience Store, Online Retail Store, Supermarket/Hypermarket, Others). Market Value in USD and Volume are both presented. Key data points observed include market segmental split by confections, confectionery variant, sugar content, and distribution channel.

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Dark Chocolate Market Size 2025-2029

The dark chocolate market size is forecast to increase by USD 37.37 billion, at a CAGR of 9.1% between 2024 and 2029.

The market is driven by the growing health consciousness among consumers, fueling the demand for dark chocolate due to its numerous health benefits. Dark chocolate, rich in antioxidants and minerals, is increasingly preferred over milk chocolate. Furthermore, the trend towards gourmet, artisanal, vegan, and gluten-free dark chocolate is gaining momentum, expanding the market's reach and appeal. However, the market faces challenges due to the volatility in raw material prices, primarily cocoa beans.
Producers and manufacturers must navigate this price instability to maintain profitability and competitiveness. To capitalize on the market's growth potential, companies should focus on innovation, catering to diverse consumer preferences, and implementing effective supply chain strategies to mitigate the impact of raw material price fluctuations.

What will be the Size of the Dark Chocolate Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The dynamic nature of the market continues to unfold, driven by evolving consumer preferences and technological advancements. Health benefits associated with dark chocolate, derived from its high cocoa percentage and antioxidant properties, fuel demand across various sectors. Ingredient sourcing, from luxury chocolate to mass market varieties, influences production efficiency and sensory experience. Cocoa beans, the foundation of chocolate production, undergo rigorous quality control measures to ensure consistency and purity. Chocolate liquor, a key ingredient in chocolate bars and confections, is subject to process optimization for improved efficiency and cost savings. Consumer preferences for artisan chocolate, single origin, and fair trade options have led to product innovation and direct sales channels.

Cocoa powder, a versatile ingredient, finds applications in baking and beverages, including ice cream and chocolate cakes. Brand loyalty, driven by unique flavor profiles and sustainability practices, shapes pricing strategies for both luxury and mass market chocolate. Milk solids, cocoa mass, and cocoa butter are essential components in chocolate production, requiring ongoing process optimization to meet consumer demands and dietary restrictions. The continuous unfolding of market activities in the dark chocolate industry underscores the importance of ingredient sourcing, production efficiency, and consumer preferences. The sensory experience, from the first bite of a chocolate bar to the final luscious morsel of a chocolate truffle, remains a key differentiator for brands and manufacturers.

How is this Dark Chocolate Industry segmented?

The dark chocolate industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Conventional
  Organic


Distribution Channel

  Supermarkets
  Online Retail
  Specialty Stores


Product Type

  Bars
  Truffles
  Chips and Chunks
  Others


Geography

  North America

    US
    Canada


  Europe

    Belgium
    France
    Germany
    Italy
    UK


  APAC

    China
    India
    Japan


  Rest of World (ROW)

By Type Insights

The conventional segment is estimated to witness significant growth during the forecast period.

In the dynamic the market, various formats cater to diverse consumer tastes and preferences. Dark chocolate bars, available in varying cocoa percentages, are popular choices, offering a rich, smooth texture and intense cocoa flavor. These bars, ranging from semi-sweet to bittersweet, are favored by chocolate connoisseurs. Additionally, dark chocolate blocks are widely used in baking and confectionery applications due to their versatility. Dark chocolate pieces or chunks, convenient for snacking and recipe incorporation, are also prevalent. Furthermore, the market presents an array of flavored dark chocolate products, infused with fruits, nuts, spices, and herbs, to add complexity and depth to taste profiles.

Dark chocolate is not only consumed as standalone bars but also used in the production of chocolate liquor, chocolate chips, chocolate cakes, chocolate mousses, chocolate truffles, ice cream, and other confectionery items. Wholesale distribution and retail channels ensure easy accessibility to consumers, while quality control measures maintain consistency in product offerings. Brand loyalty is a significant factor, with artisan chocolate and fair trade options appealing to consumers seeking ethically sourced, high-quality ingredients. Production effici

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According to chocolate market statistics, Europe was identified as the largest consumer of chocolate. The chocolate market research report considers consumption patterns of several regions including blank to present a clear picture of the demand of the product globally during the forecast period 2020-2024.

The chocolate market report also provides several other key information including:

CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will drive chocolate market growth during the next five years
Precise estimation of the chocolate market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the chocolate market industry across blank
A thorough analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of chocolate market vendors

The global dark chocolate market, as revealed in a new study published by Fact.MR, is expected to reach US$ 69.97 billion in 2024. Over the forecasted period from 2024 to 2034, revenue from the sales of dark chocolate is forecasted to advance at a CAGR of 7.2%, culminating in a market value of US$ 140.25 billion by 2034-end.

Report Attribute	Detail
Dark Chocolate Market Size (2024E)	US$ 69.97 Billion
Forecasted Market Value (2034F)	US$ 140.25 Billion
Global Market Growth Rate (2024 to 2034)	7.2% CAGR
Market Share of Organic Dark Chocolate (2034F)	55.4%
North America Market Share (2034F)	24.3%
Canada Market Growth Rate (2024 to 2034)	7.7% CAGR
Key Companies Profiled	Mondelez International; The Hershey Company; GCPPL Ltd.; Agostoni Chocolate; Barry Callebaut; Nestlé SA; Unilever and Mars Incorporated; Ghirardelli Chocolate Co.; Chocolatiers (UK) Ltd.; Godiva; Lindt & Sprungli AG; Patchi; Blommer Chocolate Company.

Country-wise Insights

Attribute	United States
Market Value (2024E)	US$ 7.44 Billion
Growth Rate (2024 to 2034)	7.6% CAGR
Projected Value (2034F)	US$ 15.54 Billion

Attribute	China
Market Value (2024E)	US$ 7.66 Billion
Growth Rate (2024 to 2034)	7.2% CAGR
Projected Value (2034F)	US$ 15.39 Billion

Attribute	Japan
Market Value (2024E)	US$ 4.53 Billion
Growth Rate (2024 to 2034)	7.7% CAGR
Projected Value (2034F)	US$ 9.52 Billion

Category-wise Insights

Attribute	Organic Chocolate
Segment Value (2024E)	US$ 37.81 Billion
Growth Rate (2024 to 2034)	7.5% CAGR
Projected Value (2034F)	US$ 77.7 Billion

Attribute	Food & Beverages
Segment Value (2024E)	US$ 53.88 Billion
Growth Rate (2024 to 2034)	7.1% CAGR
Projected Value (2034F)	US$ 106.59 Billion

The revenue in the 'Chocolate Confectionery' segment of the food market in the United States was forecast to continuously increase between 2025 and 2030 by in total *** billion U.S. dollars (+***** percent). After the tenth consecutive increasing year, the revenue is estimated to reach ***** billion U.S. dollars and therefore a new peak in 2030. Notably, the revenue of the 'Chocolate Confectionery' segment of the food market was continuously increasing over the past years.Find other key market indicators concerning the revenue growth and average consumption per capita.The Statista Market Insights cover a broad range of additional markets.

The UK Chocolate Market is segmented by Confectionery Variant (Dark Chocolate, Milk and White Chocolate) and by Distribution Channel (Convenience Store, Online Retail Store, Supermarket/Hypermarket, Others). Market Value in USD and Volume are both presented. Key data points observed include market segmental split by confections, confectionery variant, sugar content, and distribution channel.

Graph and download economic data for Producer Price Index by Industry: Confectionery Manufacturing from Purchased Chocolate: Primary Products (PCU311352311352P) from Dec 2011 to May 2025 about chocolate, confectionery, purchase, primary, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.

The India Chocolate Market is segmented by Confectionery Variant (Dark Chocolate, Milk and White Chocolate) and by Distribution Channel (Convenience Store, Online Retail Store, Supermarket/Hypermarket, Others). Market Value in USD and Volume are both presented. Key data points observed include market segmental split by confections, confectionery variant, sugar content, and distribution channel.

In 2023, the total turnover of companies producing chocolate and confectionary was approximately **** billion British pounds. Between 2011 and 2022 the turnover somewhat fluctuated, reaching a low point of **** billion in 2017. Every week, consumers in the UK spend **** British pounds on different types of confectionery. Filled chocolate bars are the most popular, followed by regular chocolate bars. PRODCOM survey The data shown here comes from the UK Manufacturers' Sales by Product survey (called PRODCOM from “PRODuction COMmunautaire”). The survey is mandated by EU regulations. The aim is to provide a complete overview of the developments of industrial production in the EU area and make country comparisons possible. The data comes directly from the companies which are surveyed by the national statistical institutes of each country. UK producers’ sales of chocolate and confectionary The same drop that is visible in companies’ overall turnover is also visible in the sales value of chocolate, and confectionary, manufactured in the UK. In 2011, the sales value declined by ** percent compared to 2010, amounting to *** million British pounds. The sales value recovered slightly and amounted to approximately *** million British pounds in 2023. Sugar confectionary saw a sales drop between 2012 and 2016, but has since mostly recovered.

The Italy Chocolate Market is segmented by Confectionery Variant (Dark Chocolate, Milk and White Chocolate) and by Distribution Channel (Convenience Store, Online Retail Store, Supermarket/Hypermarket, Others). Market Value in USD and Volume are both presented. Key data points observed include market segmental split by confections, confectionery variant, sugar content, and distribution channel.

The UAE Chocolate Market is segmented by Confectionery Variant (Dark Chocolate, Milk and White Chocolate) and by Distribution Channel (Convenience Store, Online Retail Store, Supermarket/Hypermarket, Others). Market Value in USD and Volume are both presented. Key data points observed include market segmental split by confections, confectionery variant, sugar content, and distribution channel.

Chocolate Market size was valued at USD 130.72 Billion in 2024 and is projected to reach USD 172.89 Billion by 2030. Along with a CAGR of 4.17%.

Statistics illustrates consumption, production, prices, and trade of Chocolate and Cocoa Products in Reunion from 2007 to 2024.

The Asia Pacific Chocolate Market report segments the industry into Confectionery Variant (Dark Chocolate, Milk and White Chocolate), Distribution Channel (Convenience Store, Online Retail Store, Supermarket/Hypermarket, Others), and Country (Australia, China, India, Indonesia, Japan, Malaysia, New Zealand, South Korea, Rest of Asia-Pacific). Get five years of historical data and forecast insights.

Cocoa rose to 8,275.30 USD/T on July 14, 2025, up 1.20% from the previous day. Over the past month, Cocoa's price has fallen 18.06%, and is down 3.20% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Cocoa - values, historical data, forecasts and news - updated on July of 2025.