GITNUX MARKETDATA REPORT 2024

The Most Surprising Chocolate Industry Statistics And Trends in 2024

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Chocolate is one of the most beloved treats around the world. From a simple bar to elaborate desserts, chocolate has been enjoyed for centuries and continues to be an important part of many cultures. The global chocolate industry is worth billions of dollars each year, with new trends emerging every day. In this blog post, we will explore some interesting statistics about the current state of the chocolate industry worldwide. We’ll look at market size and growth projections as well as consumer preferences and production numbers from major players in the sector such as Cadbury, Mondelez International, Fair Trade Chocolate sales figures and more. So let’s dive into these delicious facts about our favorite treat.

The Most Important Statistics
The global chocolate market size was valued at USD 130.56 billion in 2020. This statistic is a testament to the immense popularity of chocolate around the world. It highlights the sheer size of the chocolate market and the potential for growth in the industry. It also serves as a reminder of the importance of the chocolate industry to the global economy. The European Union is the largest consumer of chocolate, accounting for 47% of consumption. This statistic is a testament to the immense influence the European Union has on the chocolate industry. It highlights the fact that the EU is the largest consumer of chocolate, and that its consumption accounts for nearly half of the total global consumption. This is a powerful indicator of the EU’s impact on the chocolate industry, and it is an important statistic to consider when discussing the industry’s overall performance.

Chocolate Industry Statistics Overview

Cadbury was the leading confectionery brand in the UK in 2020, with a value of over 2 billion USD.

This statistic is a testament to the success of Cadbury in the UK confectionery market in 2020. It highlights the brand’s dominance in the industry, with a value of over 2 billion USD, and serves as a reminder of the power of the Cadbury brand. This statistic is an important indicator of the health of the chocolate industry in the UK, and provides insight into the current trends in the market.

Approximately 4.7 million metric tons of cocoa beans were processed worldwide in 2020.

This statistic is a testament to the sheer magnitude of the chocolate industry. It shows that despite the challenges of 2020, the production of cocoa beans was still able to reach an impressive 4.7 million metric tons. This is a clear indication of the resilience of the chocolate industry and its ability to continue to provide consumers with their favorite treats.

The U.S. chocolate market is expected to reach USD 45.25 billion by 2027.

This statistic is a testament to the immense potential of the U.S. chocolate market. It shows that the industry is expected to grow significantly over the next few years, indicating that now is the perfect time to invest in the chocolate industry. This statistic is a key indicator of the industry’s future success and should be taken into consideration when discussing the chocolate industry.

Mondelez operates in more than 80 countries and employs around 80,000 individuals globally.

This statistic is a testament to the reach and influence of Mondelez in the chocolate industry. With operations in more than 80 countries and a workforce of 80,000, it is clear that Mondelez is a major player in the global chocolate market. This statistic highlights the sheer size and scope of the company, and its ability to bring its products to a wide range of consumers.

Cocoa production is expected to increase by 3.3% annually between 2021 and 2026.

This statistic is a key indicator of the future of the Chocolate Industry. It shows that cocoa production is expected to grow steadily over the next five years, indicating that the industry is likely to remain strong and profitable. This is good news for chocolate makers, as it means they can continue to produce high-quality products and meet the demands of their customers.

Around 60% of the world’s cocoa beans come from West Africa, primarily Ivory Coast and Ghana.

This statistic is a crucial piece of information when it comes to understanding the chocolate industry. It highlights the importance of West Africa as a major source of cocoa beans, and the reliance of the chocolate industry on the region. It also sheds light on the Ivory Coast and Ghana as the two main producers of cocoa beans, and the impact they have on the global chocolate industry.

Fair Trade chocolate sales grew by 64% in 2020.

The remarkable 64% growth in Fair Trade chocolate sales in 2020 is a testament to the increasing consumer demand for ethically sourced products. This surge in sales indicates that more and more people are becoming aware of the importance of supporting sustainable and ethical practices in the chocolate industry.

There are roughly 2.2 million children in child labor on cocoa farms in West Africa.

This statistic is a stark reminder of the harsh reality of the chocolate industry. It highlights the exploitation of children in West Africa, who are forced to work in cocoa farms with little to no pay. This statistic serves as a call to action, urging us to take a stand against the injustices of the chocolate industry and to ensure that children are not subjected to such labor.

The U.S. is the second-largest chocolate consumer in the world (behind the EU), accounting for 20% of the market share.

This statistic is a testament to the immense popularity of chocolate in the United States. It highlights the fact that the U.S. is a major player in the global chocolate market, accounting for a significant portion of the market share. This is an important point to consider when discussing the chocolate industry, as it demonstrates the potential for growth and success in the U.S. market.

In 2020, the value of Swiss chocolate export amounted to 872 million Swiss Francs.

This statistic is a testament to the immense success of the Swiss chocolate industry. It shows that the industry is thriving and that Swiss chocolate is in high demand around the world. This statistic is a great indicator of the health of the chocolate industry and provides insight into the current state of the industry.

Approximately 6.4 million metric tons of chocolate was consumed globally in 2019.

This statistic is a testament to the immense popularity of chocolate around the world. It speaks to the sheer magnitude of the chocolate industry and its impact on the global economy. It also highlights the fact that chocolate is a beloved treat that is enjoyed by millions of people every year. This statistic is an important indicator of the health of the chocolate industry and provides valuable insight into the industry’s growth and success.

In the U.S., 58.8% of total dollar sales for candy and chocolate are contributed by everyday chocolate.

This statistic is a testament to the power of everyday chocolate in the U.S. candy and chocolate industry. It shows that the majority of dollar sales in this sector are driven by the popularity of chocolate, indicating that it is a key player in the industry. This is an important insight for anyone looking to gain a better understanding of the chocolate industry and its dynamics.

The global organic chocolate market size was valued at USD 732.03 million in 2020.

This statistic is a testament to the immense growth of the organic chocolate market, indicating that the industry is thriving. It is a clear indication that the demand for organic chocolate is on the rise, and that the industry is in a strong position to capitalize on this trend. This statistic is an important piece of information for anyone interested in the chocolate industry, as it provides a snapshot of the current state of the market.

The chocolate industry produces approximately 2.5 million metric tons of sugar annually.

This statistic is a testament to the sheer magnitude of the chocolate industry’s sugar consumption. It serves as a reminder of the sheer scale of the industry and its reliance on sugar as a key ingredient. It also highlights the potential environmental and health implications of such a large-scale sugar production.

The chocolate industry experienced a 3% value growth between 2018 and 2019.

This statistic is indicative of the chocolate industry’s success in the past year, demonstrating that the industry has seen a steady increase in value. This is an important piece of information for anyone interested in the Chocolate Industry, as it shows that the industry is continuing to grow and thrive.

Conclusion

The global chocolate industry is a thriving and ever-growing market. In 2020, the global chocolate market size was valued at USD 130.56 billion, with Europe being the largest consumer of chocolate accounting for 47% of consumption. The U.S., meanwhile, is the second-largest consumer in the world (behind Europe), contributing 20% to total dollar sales for candy and chocolate products alone. Additionally, cocoa production has been steadily increasing over recent years; approximately 4.7 million metric tons were processed worldwide in 2020 while an estimated 6.4 million metric tons were consumed globally in 2019 – this number is expected to grow even further by 2025 when dark chocolate will be projected as one of fastest growing segments within that time frame due to its health benefits and popularity among consumers around the globe..

Overall, it’s clear that despite some challenges such as child labor on cocoa farms or environmental concerns related to sugar production from cocoa beans – both issues which are actively addressed by organizations like Fair Trade – there’s no denying that demand for quality chocolates continues to rise year after year across all markets worldwide making it a lucrative business opportunity worth exploring now more than ever before.

References

0. – https://www.grandviewresearch.com

1. – https://www.foodnavigator.com

2. – https://www.globenewswire.com

3. – https://www.statista.com

4. – https://www.israel21c.org

5. – https://www.slideshare.net

6. – https://www.worldatlas.com

7. – https://www.imarcgroup.com

8. – https://www.chocosuisse.ch

9. – https://www.foodnavigator-usa.com

10. – https://www.makechocolatefair.org

FAQs

What is the global revenue of the chocolate industry?

The global chocolate industry revenue is estimated to reach $182.09 billion by 2025.

Which country is the largest consumer of chocolate?

The United States is currently the largest consumer of chocolate, followed by Germany and the United Kingdom.

Which company dominates the global chocolate market?

The top player in the global chocolate market is currently Mondelez International (owner of brands such as Cadbury and Milka) with a market share of approximately 12%.

What is the approximate annual per capita consumption of chocolate in the United States?

The average American consumes about 9.5 pounds (4.3 kilograms) of chocolate each year.

What is the most common type of chocolate consumed worldwide?

Milk chocolate is the most common type, accounting for around 50% of all chocolate consumption.

How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

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