The Europe Vegan Chocolate Confectionery Market would witness market growth of 11.9% CAGR during the forecast period (2021-2027).
A surge in the number of environmental protection campaigns and awareness about cruelty against animals are estimated to be the main aspects to give rise to the growth of the vegan chocolate confectionery market. The popularity of vegan chocolate confectionary is more among the population that follow vegan diet or flexitarian or having lactose intolerance & other food allergies. People are more conscious about their health and this trend is boosting the demand for vegan products. Therefore, it is anticipated that the rising vegan population will propel the demand for vegan products in the upcoming years.
The love for chocolate is all pervasive around the world. The European region is no exception to this fact. Many new researches have indicated that the graph of consumption of vegan chocolate in the region is constantly increasing. This massive surge is credited to the holiday-themed chocolates, and various festivals and events taking place in the Europe. In addition to it, the trend of including the plant-based ingredients in the chocolate sector is emerging across the Europe. In response to such a trend, manufacturers are constantly adapting to this trend by replacing milk with nut-or-grain extracted milk.
Owing to the higher preferences toward the vegan chocolate around the world, vegans now can enjoy their festivals and other events with this category of chocolates. Furthermore, consumers in the region are highly going towards veganism due to the growing concerns about the environment and fulfilling the needs & requirements sustainably. These factors are likely to accelerate the demand of the product across the key countries of the region, thereby boosting the growth of the regional vegan chocolate confectionery market.
The Germany market dominated the Europe Boxed Market by Country in 2020, thereby, achieving a market value of $11,703.3 Thousands by 2027. The UK market is exhibiting a CAGR of 11.9% during (2021-2027). Additionally, The France market is poised to grow at a CAGR of 14.3% during (2021-2027).
Based on Type, the market is segmented into Milk Chocolate, Dark Chocolate and White Chocolate. Based on Product, the market is segmented into Molded Bars, Chips & Bites, Boxed and Truffles & Cups. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Vegan Chocolate Confectionery Market Size will Hit $1 Billion by 2027, at a CAGR of 12.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Mondelez International, Inc., Equal Exchange Coop, Endorfin Foods, Raaka Chocolate Ltd., Goodio, No Whey Chocolate, Theo Chocolate, Inc., Endangered Species Chocolate, LLC, Alter Eco, Inc., and Taza Chocolate
Scope of the Study
Market Segments Covered in the Report:
By Type
- Milk Chocolate
- Dark Chocolate
- White Chocolate
By Product
- Molded Bars
- Chips & Bites
- Boxed
- Truffles & Cups
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Mondelez International, Inc
- Equal Exchange Coop
- Endorfin Foods
- Raaka Chocolate Ltd.
- Goodio
- No Whey Chocolate
- Theo Chocolate, Inc.
- Endangered Species Chocolate, LLC
- Alter Eco, Inc.
- Taza Chocolate
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Vegan Chocolate Confectionery Market, by Type
1.4.2 Europe Vegan Chocolate Confectionery Market, by Product
1.4.3 Europe Vegan Chocolate Confectionery Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Europe Vegan Chocolate Confectionery Market by Type
3.1 Europe Milk Chocolate Market by Country
3.2 Europe Dark Chocolate Market by Country
3.3 Europe White Chocolate Market by Country
Chapter 4. Europe Vegan Chocolate Confectionery Market by Product
4.1 Europe Molded Bars Market by Country
4.2 Europe Chips & Bites Market by Country
4.3 Europe Boxed Market by Country
4.4 Europe Truffles & Cups Market by Country
Chapter 5. Europe Vegan Chocolate Confectionery Market by Country
5.1 Germany Vegan Chocolate Confectionery Market
5.1.1 Germany Vegan Chocolate Confectionery Market by Type
5.1.2 Germany Vegan Chocolate Confectionery Market by Product
5.2 UK Vegan Chocolate Confectionery Market
5.2.1 UK Vegan Chocolate Confectionery Market by Type
5.2.2 UK Vegan Chocolate Confectionery Market by Product
5.3 France Vegan Chocolate Confectionery Market
5.3.1 France Vegan Chocolate Confectionery Market by Type
5.3.2 France Vegan Chocolate Confectionery Market by Product
5.4 Russia Vegan Chocolate Confectionery Market
5.4.1 Russia Vegan Chocolate Confectionery Market by Type
5.4.2 Russia Vegan Chocolate Confectionery Market by Product
5.5 Spain Vegan Chocolate Confectionery Market
5.5.1 Spain Vegan Chocolate Confectionery Market by Type
5.5.2 Spain Vegan Chocolate Confectionery Market by Product
5.6 Italy Vegan Chocolate Confectionery Market
5.6.1 Italy Vegan Chocolate Confectionery Market by Type
5.6.2 Italy Vegan Chocolate Confectionery Market by Product
5.7 Rest of Europe Vegan Chocolate Confectionery Market
5.7.1 Rest of Europe Vegan Chocolate Confectionery Market by Type
5.7.2 Rest of Europe Vegan Chocolate Confectionery Market by Product
Chapter 6. Company Profiles
6.1 Mondelez International, Inc.
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Regional Analysis
6.1.4 Research & Development Expenses
6.1.5 Recent strategies and developments:
6.1.5.1 Partnerships, Collaborations, and Agreements:
6.1.5.2 Acquisition and Mergers:
6.2 Equal Exchange Coop
6.2.1 Company Overview
1.1.1 Financial Analysis
6.2.2 Segmental Analysis
6.3 Endorfin Foods
6.3.1 Company Overview
6.4 Raaka Chocolate Ltd.
6.4.1 Company Overview
6.4.2 Recent Strategies and Developments:
6.4.2.1 Product Launches and Product Expansions:
6.5 Goodio
6.5.1 Company Overview
6.5.2 Recent Strategies and Developments:
6.5.2.1 Partnerships, Collaborations, and Agreements:
6.5.2.2 Product Launches and Product Expansions:
6.6 No Whey Chocolate
6.6.1 Company Overview
6.7 Theo Chocolate, Inc.
6.7.1 Company Overview
6.7.2 Recent Strategies and Developments:
6.7.2.1 Product Launches and Product Expansions:
6.8 Endangered Species Chocolate, LLC
6.8.1 Company Overview
6.8.2 Recent Strategies and Developments:
6.8.2.1 Product Launches and Product Expansions:
6.9 Alter Eco, Inc.
6.9.1 Company Overview
6.9.2 Recent Strategies and Developments:
6.9.2.1 Product Launches and Product Expansions:
6.10. Taza Chocolate
6.10.1 Company Overview
TABLE 1 Europe Vegan Chocolate Confectionery Market, 2017 - 2020, USD Thousands
TABLE 2 Europe Vegan Chocolate Confectionery Market, 2021-2027, USD Thousands
TABLE 3 Europe Vegan Chocolate Confectionery Market by Type, 2017 - 2020, USD Thousands
TABLE 4 Europe Vegan Chocolate Confectionery Market by Type, 2021-2027, USD Thousands
TABLE 5 Europe Milk Chocolate Market by Country, 2017 - 2020, USD Thousands
TABLE 6 Europe Milk Chocolate Market by Country, 2021-2027, USD Thousands
TABLE 7 Europe Dark Chocolate Market by Country, 2017 - 2020, USD Thousands
TABLE 8 Europe Dark Chocolate Market by Country, 2021-2027, USD Thousands
TABLE 9 Europe White Chocolate Market by Country, 2017 - 2020, USD Thousands
TABLE 10 Europe White Chocolate Market by Country, 2021-2027, USD Thousands
TABLE 11 Europe Vegan Chocolate Confectionery Market by Product, 2017 - 2020, USD Thousands
TABLE 12 Europe Vegan Chocolate Confectionery Market by Product, 2021-2027, USD Thousands
TABLE 13 Europe Molded Bars Market by Country, 2017 - 2020, USD Thousands
TABLE 14 Europe Molded Bars Market by Country, 2021-2027, USD Thousands
TABLE 15 Europe Chips & Bites Market by Country, 2017 - 2020, USD Thousands
TABLE 16 Europe Chips & Bites Market by Country, 2021-2027, USD Thousands
TABLE 17 Europe Boxed Market by Country, 2017 - 2020, USD Thousands
TABLE 18 Europe Boxed Market by Country, 2021-2027, USD Thousands
TABLE 19 Europe Truffles & Cups Market by Country, 2017 - 2020, USD Thousands
TABLE 20 Europe Truffles & Cups Market by Country, 2021-2027, USD Thousands
TABLE 21 Europe Vegan Chocolate Confectionery Market by Country, 2017 - 2020, USD Thousands
TABLE 22 Europe Vegan Chocolate Confectionery Market by Country, 2021-2027, USD Thousands
TABLE 23 Germany Vegan Chocolate Confectionery Market, 2017 - 2020, USD Thousands
TABLE 24 Germany Vegan Chocolate Confectionery Market, 2021-2027, USD Thousands
TABLE 25 Germany Vegan Chocolate Confectionery Market by Type, 2017 - 2020, USD Thousands
TABLE 26 Germany Vegan Chocolate Confectionery Market by Type, 2021-2027, USD Thousands
TABLE 27 Germany Vegan Chocolate Confectionery Market by Product, 2017 - 2020, USD Thousands
TABLE 28 Germany Vegan Chocolate Confectionery Market by Product, 2021-2027, USD Thousands
TABLE 29 UK Vegan Chocolate Confectionery Market, 2017 - 2020, USD Thousands
TABLE 30 UK Vegan Chocolate Confectionery Market, 2021-2027, USD Thousands
TABLE 31 UK Vegan Chocolate Confectionery Market by Type, 2017 - 2020, USD Thousands
TABLE 32 UK Vegan Chocolate Confectionery Market by Type, 2021-2027, USD Thousands
TABLE 33 UK Vegan Chocolate Confectionery Market by Product, 2017 - 2020, USD Thousands
TABLE 34 UK Vegan Chocolate Confectionery Market by Product, 2021-2027, USD Thousands
TABLE 35 France Vegan Chocolate Confectionery Market, 2017 - 2020, USD Thousands
TABLE 36 France Vegan Chocolate Confectionery Market, 2021-2027, USD Thousands
TABLE 37 France Vegan Chocolate Confectionery Market by Type, 2017 - 2020, USD Thousands
TABLE 38 France Vegan Chocolate Confectionery Market by Type, 2021-2027, USD Thousands
TABLE 39 France Vegan Chocolate Confectionery Market by Product, 2017 - 2020, USD Thousands
TABLE 40 France Vegan Chocolate Confectionery Market by Product, 2021-2027, USD Thousands
TABLE 41 Russia Vegan Chocolate Confectionery Market, 2017 - 2020, USD Thousands
TABLE 42 Russia Vegan Chocolate Confectionery Market, 2021-2027, USD Thousands
TABLE 43 Russia Vegan Chocolate Confectionery Market by Type, 2017 - 2020, USD Thousands
TABLE 44 Russia Vegan Chocolate Confectionery Market by Type, 2021-2027, USD Thousands
TABLE 45 Russia Vegan Chocolate Confectionery Market by Product, 2017 - 2020, USD Thousands
TABLE 46 Russia Vegan Chocolate Confectionery Market by Product, 2021-2027, USD Thousands
TABLE 47 Spain Vegan Chocolate Confectionery Market, 2017 - 2020, USD Thousands
TABLE 48 Spain Vegan Chocolate Confectionery Market, 2021-2027, USD Thousands
TABLE 49 Spain Vegan Chocolate Confectionery Market by Type, 2017 - 2020, USD Thousands
TABLE 50 Spain Vegan Chocolate Confectionery Market by Type, 2021-2027, USD Thousands
TABLE 51 Spain Vegan Chocolate Confectionery Market by Product, 2017 - 2020, USD Thousands
TABLE 52 Spain Vegan Chocolate Confectionery Market by Product, 2021-2027, USD Thousands
TABLE 53 Italy Vegan Chocolate Confectionery Market, 2017 - 2020, USD Thousands
TABLE 54 Italy Vegan Chocolate Confectionery Market, 2021-2027, USD Thousands
TABLE 55 Italy Vegan Chocolate Confectionery Market by Type, 2017 - 2020, USD Thousands
TABLE 56 Italy Vegan Chocolate Confectionery Market by Type, 2021-2027, USD Thousands
TABLE 57 Italy Vegan Chocolate Confectionery Market by Product, 2017 - 2020, USD Thousands
TABLE 58 Italy Vegan Chocolate Confectionery Market by Product, 2021-2027, USD Thousands
TABLE 59 Rest of Europe Vegan Chocolate Confectionery Market, 2017 - 2020, USD Thousands
TABLE 60 Rest of Europe Vegan Chocolate Confectionery Market, 2021-2027, USD Thousands
TABLE 61 Rest of Europe Vegan Chocolate Confectionery Market by Type, 2017 - 2020, USD Thousands
TABLE 62 Rest of Europe Vegan Chocolate Confectionery Market by Type, 2021-2027, USD Thousands
TABLE 63 Rest of Europe Vegan Chocolate Confectionery Market by Product, 2017 - 2020, USD Thousands
TABLE 64 Rest of Europe Vegan Chocolate Confectionery Market by Product, 2021-2027, USD Thousands
TABLE 65 Key Information –Mondelez International, Inc.
TABLE 66 Key Information – Equal Exchange Coop
TABLE 67 Key Information –Endorfin Foods
TABLE 68 Key Information – Raaka Chocolate Ltd.
TABLE 69 Key Information – Goodio
TABLE 70 Key Information – No Whey Chocolate
TABLE 71 Key Information – Theo Chocolate, Inc.
TABLE 72 Key Information –Endangered Species Chocolate, LLC
TABLE 73 Key Information –Alter Eco, Inc.
TABLE 74 Key Information – Taza Chocolate
List of Figures
FIG 1 Methodology for the research
FIG 2 FIG 1 Recent strategies and developments: Mondelez International, Inc.
FIG 3 FIG 2 Recent strategies and developments: Goodio