The Organic Chocolate Market is being driven by Increasing premiumization of organic chocolates
The Organic Chocolate Market is expected to grow at a CAGR of 6.05% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 345.01 million. The organic chocolate market is witnessing a notable shift towards sustainability and ethical sourcing practices. Notable chocolate manufacturers are investing in initiatives that prioritize fair trade, ensuring cocoa farmers receive equitable compensation and promoting eco-friendly farming methods. Hu Kitchen, a leading vegan chocolate brand, recently expanded its product line with the launch of dairy milk chocolate sourced from grass-fed cows. Theobroma Chocolat, known for its organic offerings, introduced "Yummy Zero Sugar," a groundbreaking innovation in the organic chocolate sector. These developments underscore the industry's commitment to sustainability and ethical practices.
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Which Factors Are Causing a Surge in Market Growth?
The market is segmented based on Type (Organic dark chocolate, Organic milk chocolate, Organic white chocolate) Distribution Channel (Offline, Online) Geography (Europe, North America, APAC, South America, Middle East and Africa).
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
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Key Features in Organic Chocolate Market Research Report
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The Organic Chocolate market is a segment of the Confectionery industry that specializes in Organic Chocolate products. Shops selling Organic goods source their Cocoa beans from Organic farming practices, avoiding the use of Artificial Fertilizers and Pesticides for Soil preservation and Plant protection. Brands like Valeo Foods, ChocoBee, and others offer Organic Chocolate Spreads in Dark, Milk, and Hazelnut varieties. Organic Food Fairs showcase a range of Organic Food Products, including Fruit Spreads, Jams, and Marmalades, as part of the Organic Chocolate Confectioneries trend. The Cocoa Industry focuses on producing Healthy Eating alternatives to Conventional Chocolates and Beverages, using Cocoa Powder from Organic sources.
The organic chocolate market is a significant segment of the global packaged foods and meats market, falling under the food products category. This market encompasses businesses involved in the production and processing of organic chocolate, adhering to organic farming practices that exclude the use of artificial fertilizers and pesticides. Technavio's market analysis calculates the market size based on the consolidated revenue of these vendors, excluding manufacturers of food processing equipment and packaged alcoholic and non-alcoholic beverages, including mineral waters. The confectionery industry, specifically organic shops, plays a crucial role in the distribution and sale of these organic chocolate products. Organic farming practices contribute to soil preservation, ensuring a sustainable and eco-friendly chocolate production process.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
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