- Report - Vegan Chocolate Market
Vegan Chocolate Market
Market Insights on Vegan Chocolate covering sales outlook, demand forecast & up-to-date key trends
Vegan Chocolate Market by Product Type, Flavor, Product Form, Application, Sales Channel & Region - Forecast 2022 – 2032
Vegan Chocolate Market Outlook (2022 – 2032)
[342 Pages Report] The vegan chocolate market is valued at USD 1.0 Bn in 2022 and is projected to grow at a
CAGR of 15.5% during the forecast period, to reach a value of USD 4.0 Bn by 2032. Newly released data from
Future Market Insights market analysis shows that global vegan chocolate demand is projected to grow year-on-year
(Y-o-Y) growth of 14.7% in 2022.
Market Size Value in 2022
USD 1.0 Bn
Market Forecast Value in 2032
USD 4.0 Bn
Global Growth Rate (2022 to 2032)
~ 15.5% CAGR
Forecast Period
2022-2032
Collective Value Share: Top 3 Countries (2021A)
48.2%
Vegan chocolate is any chocolate manufactured without the use of animal substances. For any chocolate lover
looking for vegan chocolate, the first thing one looks into is at the ingredient list. Vegan chocolate manufacturers are
suggested to produce chocolate bars with the fewest ingredients possible like sugar, chocolate liquor, cocoa butter
and vanilla as a standard chocolate bars. The fewer the ingredients in vegan chocolate bar, the more the product will
be attractive among consumers.
2017-2021 Vegan Chocolate Market Outlook Compared to 2022-2032 Forecast
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Vegan chocolate demand grew at 15.5% CAGR between 2017 and 2021. Vegans prefer high-quality dark chocolate
with a cacao content of 50% or more. According to vegan chocolate market study, more than 3 in 10 German
consumers consumes chocolate to unwind and relax, and the percentage almost same