According to the recent research report titled ‘Global Chocolate Confectionery Market - Analysis By Product Type (Dark Chocolate, Milk Chocolate, White Chocolate), Distribution Channel, By Region, By Country (2022 Edition): Market Insights and Forecast with Impact of COVID-19 (2022-2027)’ available with MarketStudyReport, global chocolate confectionery market, which was valued at USD 89.21 billion in 2021, is expected to record robust growth through 2027.

The rising population, antioxidant and anti-aging properties, evolving consumer preferences, and blood pressure-lowering capabilities are some of the key factors driving the growth of the global chocolate confectionery market.

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For those unaware, chocolate has always been a top flavor used in the food sector which has compelled manufacturers and brands to make new formats and categories of cocoa. Therefore, chocolate varieties continue to evolve amidst growing trend of snacking and gifting, thus complementing the overall business dynamics..

Chocolate confectionery manufacturers are engaging in several marketing and promotional efforts for increasing product awareness among their target audience. The leading companies are promoting product lines that are free of sweeteners, saturated fat, trans fats, and artificial flavors supportive of ingredients such as organic wheat flour, cane sugar, corn starch, and rice syrup, which in turn is favoring global chocolate confectionary market outlook.

Based on the product type, the market is fragmented into the dark, milk, and white chocolates. Among these, dark chocolate is expected to be the fastest-growing segment during the study period, owing to its strong antioxidant properties which protects against disease-causing free radicals, presence flavonoids that aid in cancer prevention, improves heart health, and cognitive abilities, while cocoa polyphenols aid in cholesterol control.

Moving on to the distribution channel, the market is segmented into offline and online segments.

The country-level analysis of this business space extends to Mexico, Switzerland, India, China, Japan, Australia, France, the U.K., Germany, the U.S., and Canada.

The report claims that Asia Pacific market holds the largest share in global chocolate confectionery market, on account of the rising population and surging disposable income.

The leading companies influencing the global chocolate confectionery market are Pladis Global, Mars Incorporated, Ferrero Group, Ezaki Glico Co. Ltd., Lindt & Sprüngli, Meiji Holdings Company Ltd., The Hershey Company, Mondelez International Inc., and Nestlé S.A.