Europe Premium Chocolate Market Overview
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Size in 2024: USD 12.7 Billion
Market Forecast in 2033: USD 23.0 Billion
Market Growth Rate: 6.5% (2025-2033)
The Europe premium chocolate market was valued at USD 12.7 Billion in 2024 and is projected to grow to USD 23.0 Billion by 2033, with an expected compound annual growth rate (CAGR) of 6.5% from 2025 to 2033.
Europe Premium Chocolate Market Trends:
The market for premium chocolates in Europe is expanding, due to the many consumers who prefer quality over mass produced chocolates which is crafted in a special way and to top it off, ethical chocolate sources are also picked out. One of the main reasons that led to this was the knowing consumer demand for better experience when using certain products as they are willing to go the extra distance to acquire products that are unique.
Although this notion was mostly pushed by chocolate lovers, who stand behind a higher amount of cocoa and lower amounts of sugar infused in dark chocolates being a healthier option. Along with the growing trend of eating dark chocolate, the discourse surrounding ethical ingredients is also growing, therefore including vegan and fair-trade qualifications. Seasonal demand, around holidays and special occasions, also help boost the market as premium chocolate has a customary relegation to being gifted.
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Europe Premium Chocolate Market Scope and Growth Analysis:
The market of Europe’s premium chocolate portfolio encompasses a single origin dark chocolate, luxury truffles and an assortment of bars. It was noted in the market analysis that besides the larger well-known companies, there are some smaller niche of chocolatiers that are innovative and use better quality ingredients. The growth of demand for premium chocolate products, however, is not solely dependent on the traditional sale channels of department stores but, rather on the evolution of online retailing which allows the customer to choose from a wider range of chocolate products.
One more promising trend, which is about customization, of when the consumer can have a chocolate product, or its wrapping, made to order, is also becoming a trend especially in the gifts market. The European region has not only a large share of the world premium chocolate market as it has the largest production tradition of chocolate, developed consumers, and permanent growth of the new trends in taste and form of the product.
IMARCs report provides a deep dive into the Europe premium chocolate market analysis, outlining the current trends, underlying market demand, and growth trajectories.
By the IMARC Group, the Top Competitive Landscapes Operating in the Industry:
Europe Premium Chocolate Industry Segmentation:
The report has segmented the market into the following categories:
Breakup by Product Type:
Breakup by Packaging Type:
Breakup by Distribution Channel:
Breakup by Country:
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Key highlights of the Report:
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