The global chocolate market is set to surpass $130 billion by 2024, with key trends like Intense Indulgence, Mindful Indulgence, and Healthy Indulgence shaping consumer preferences. Major players such as Lindt, Nestlé, and Ferrero are strategically expanding, driven by consumer demand for taste, health benefits, and sustainability. The premium chocolate segment, valued at $34.18 billion in 2023, is expected to grow significantly, with a projected revenue of nearly $63 billion by 2030, fueled by factors like personalized flavors and rising disposable incomes.

Chocolate Market Trends and Growth