The Latin America, Middle East and Africa Vegan Chocolate Confectionery Market would witness market growth of 13.3% CAGR during the forecast period (2021-2027).
Vegan chocolate contains properties that work like caffeine. It helps in boosting the brain whenever required without any headaches. It is anticipated that a bit of chocolate contains 30mg of caffeine. Therefore, it is suitable for people to drink chocolate.
Thus, vegan chocolates are healthy, useful, and have great taste, which give reasons to vegetarian people to prefer these products. Vegan chocolates do not include animal ingredients; thus, they are enriched with dietary essentials. Vegan chocolates are now available in local grocery stores also. Moreover, people can find a huge variety of vegan chocolate brands in the market. There are several benefits of vegan chocolate such as, contains minerals and vitamins that help in improving brain function and heart health.
A company in the South Africa has launched sugar free and dairy free products of chocolate, which are highly appropriate for vegans and diabetics. The lack of sugar and dairy makes the chocolate consumable for individuals with diabetes, vegans, and people who follow a ketogenic diet and any person who is searching for healthier chocolate options. The growing population who is shifting towards a specific food trend is increasing in this region which would fuel the demand & growth of the regional vegan chocolate confectionery market.
As these chocolates includes high-quality beans and pure ingredient and do not comprise with the taste, people are increasing switching towards this category of the chocolate. These aspects are likely to open up new growth avenues for the regional vegan chocolate confectionery market.
The Molded Bars market dominated the South Africa Vegan Chocolate Confectionery Market by Product in 2020, thereby, achieving a market value of $6,607.5 Thousands by 2027. The Chips & Bites market is estimated to grow at a CAGR of 13% during (2021-2027). Additionally, The Boxed market is expected to witness highest CAGR of 14.9% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Vegan Chocolate Confectionery Market is Predict to reach $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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Vegan Chocolate Confectionery Market, by Type
1.4.2 LAMEA Vegan Chocolate Confectionery Market, by Product
1.4.3 LAMEA 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. LAMEA Vegan Chocolate Confectionery Market by Type
3.1 LAMEA Milk Chocolate Market by Country
3.2 LAMEA Dark Chocolate Market by Country
3.3 LAMEA White Chocolate Market by Country
Chapter 4. LAMEA Vegan Chocolate Confectionery Market by Product
4.1 LAMEA Molded Bars Market by Country
4.2 LAMEA Chips & Bites Market by Country
4.3 LAMEA Boxed Market by Country
4.4 LAMEA Truffles & Cups Market by Country
Chapter 5. LAMEA Vegan Chocolate Confectionery Market by Country
5.1 Brazil Vegan Chocolate Confectionery Market
5.1.1 Brazil Vegan Chocolate Confectionery Market by Type
5.1.2 Brazil Vegan Chocolate Confectionery Market by Product
5.2 Argentina Vegan Chocolate Confectionery Market
5.2.1 Argentina Vegan Chocolate Confectionery Market by Type
5.2.2 Argentina Vegan Chocolate Confectionery Market by Product
5.3 UAE Vegan Chocolate Confectionery Market
5.3.1 UAE Vegan Chocolate Confectionery Market by Type
5.3.2 UAE Vegan Chocolate Confectionery Market by Product
5.4 Saudi Arabia Vegan Chocolate Confectionery Market
5.4.1 Saudi Arabia Vegan Chocolate Confectionery Market by Type
5.4.2 Saudi Arabia Vegan Chocolate Confectionery Market by Product
5.5 South Africa Vegan Chocolate Confectionery Market
5.5.1 South Africa Vegan Chocolate Confectionery Market by Type
5.5.2 South Africa Vegan Chocolate Confectionery Market by Product
5.6 Nigeria Vegan Chocolate Confectionery Market
5.6.1 Nigeria Vegan Chocolate Confectionery Market by Type
5.6.2 Nigeria Vegan Chocolate Confectionery Market by Product
5.7 Rest of LAMEA Vegan Chocolate Confectionery Market
5.7.1 Rest of LAMEA Vegan Chocolate Confectionery Market by Type
5.7.2 Rest of LAMEA 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 LAMEA Vegan Chocolate Confectionery Market, 2017 - 2020, USD Thousands
TABLE 2 LAMEA Vegan Chocolate Confectionery Market, 2021-2027, USD Thousands
TABLE 3 LAMEA Vegan Chocolate Confectionery Market by Type, 2017 - 2020, USD Thousands
TABLE 4 LAMEA Vegan Chocolate Confectionery Market by Type, 2021-2027, USD Thousands
TABLE 5 LAMEA Milk Chocolate Market by Country, 2017 - 2020, USD Thousands
TABLE 6 LAMEA Milk Chocolate Market by Country, 2021-2027, USD Thousands
TABLE 7 LAMEA Dark Chocolate Market by Country, 2017 - 2020, USD Thousands
TABLE 8 LAMEA Dark Chocolate Market by Country, 2021-2027, USD Thousands
TABLE 9 LAMEA White Chocolate Market by Country, 2017 - 2020, USD Thousands
TABLE 10 LAMEA White Chocolate Market by Country, 2021-2027, USD Thousands
TABLE 11 LAMEA Vegan Chocolate Confectionery Market by Product, 2017 - 2020, USD Thousands
TABLE 12 LAMEA Vegan Chocolate Confectionery Market by Product, 2021-2027, USD Thousands
TABLE 13 LAMEA Molded Bars Market by Country, 2017 - 2020, USD Thousands
TABLE 14 LAMEA Molded Bars Market by Country, 2021-2027, USD Thousands
TABLE 15 LAMEA Chips & Bites Market by Country, 2017 - 2020, USD Thousands
TABLE 16 LAMEA Chips & Bites Market by Country, 2021-2027, USD Thousands
TABLE 17 LAMEA Boxed Market by Country, 2017 - 2020, USD Thousands
TABLE 18 LAMEA Boxed Market by Country, 2021-2027, USD Thousands
TABLE 19 LAMEA Truffles & Cups Market by Country, 2017 - 2020, USD Thousands
TABLE 20 LAMEA Truffles & Cups Market by Country, 2021-2027, USD Thousands
TABLE 21 LAMEA Vegan Chocolate Confectionery Market by Country, 2017 - 2020, USD Thousands
TABLE 22 LAMEA Vegan Chocolate Confectionery Market by Country, 2021-2027, USD Thousands
TABLE 23 Brazil Vegan Chocolate Confectionery Market, 2017 - 2020, USD Thousands
TABLE 24 Brazil Vegan Chocolate Confectionery Market, 2021-2027, USD Thousands
TABLE 25 Brazil Vegan Chocolate Confectionery Market by Type, 2017 - 2020, USD Thousands
TABLE 26 Brazil Vegan Chocolate Confectionery Market by Type, 2021-2027, USD Thousands
TABLE 27 Brazil Vegan Chocolate Confectionery Market by Product, 2017 - 2020, USD Thousands
TABLE 28 Brazil Vegan Chocolate Confectionery Market by Product, 2021-2027, USD Thousands
TABLE 29 Argentina Vegan Chocolate Confectionery Market, 2017 - 2020, USD Thousands
TABLE 30 Argentina Vegan Chocolate Confectionery Market, 2021-2027, USD Thousands
TABLE 31 Argentina Vegan Chocolate Confectionery Market by Type, 2017 - 2020, USD Thousands
TABLE 32 Argentina Vegan Chocolate Confectionery Market by Type, 2021-2027, USD Thousands
TABLE 33 Argentina Vegan Chocolate Confectionery Market by Product, 2017 - 2020, USD Thousands
TABLE 34 Argentina Vegan Chocolate Confectionery Market by Product, 2021-2027, USD Thousands
TABLE 35 UAE Vegan Chocolate Confectionery Market, 2017 - 2020, USD Thousands
TABLE 36 UAE Vegan Chocolate Confectionery Market, 2021-2027, USD Thousands
TABLE 37 UAE Vegan Chocolate Confectionery Market by Type, 2017 - 2020, USD Thousands
TABLE 38 UAE Vegan Chocolate Confectionery Market by Type, 2021-2027, USD Thousands
TABLE 39 UAE Vegan Chocolate Confectionery Market by Product, 2017 - 2020, USD Thousands
TABLE 40 UAE Vegan Chocolate Confectionery Market by Product, 2021-2027, USD Thousands
TABLE 41 Saudi Arabia Vegan Chocolate Confectionery Market, 2017 - 2020, USD Thousands
TABLE 42 Saudi Arabia Vegan Chocolate Confectionery Market, 2021-2027, USD Thousands
TABLE 43 Saudi Arabia Vegan Chocolate Confectionery Market by Type, 2017 - 2020, USD Thousands
TABLE 44 Saudi Arabia Vegan Chocolate Confectionery Market by Type, 2021-2027, USD Thousands
TABLE 45 Saudi Arabia Vegan Chocolate Confectionery Market by Product, 2017 - 2020, USD Thousands
TABLE 46 Saudi Arabia Vegan Chocolate Confectionery Market by Product, 2021-2027, USD Thousands
TABLE 47 South Africa Vegan Chocolate Confectionery Market, 2017 - 2020, USD Thousands
TABLE 48 South Africa Vegan Chocolate Confectionery Market, 2021-2027, USD Thousands
TABLE 49 South Africa Vegan Chocolate Confectionery Market by Type, 2017 - 2020, USD Thousands
TABLE 50 South Africa Vegan Chocolate Confectionery Market by Type, 2021-2027, USD Thousands
TABLE 51 South Africa Vegan Chocolate Confectionery Market by Product, 2017 - 2020, USD Thousands
TABLE 52 South Africa Vegan Chocolate Confectionery Market by Product, 2021-2027, USD Thousands
TABLE 53 Nigeria Vegan Chocolate Confectionery Market, 2017 - 2020, USD Thousands
TABLE 54 Nigeria Vegan Chocolate Confectionery Market, 2021-2027, USD Thousands
TABLE 55 Nigeria Vegan Chocolate Confectionery Market by Type, 2017 - 2020, USD Thousands
TABLE 56 Nigeria Vegan Chocolate Confectionery Market by Type, 2021-2027, USD Thousands
TABLE 57 Nigeria Vegan Chocolate Confectionery Market by Product, 2017 - 2020, USD Thousands
TABLE 58 Nigeria Vegan Chocolate Confectionery Market by Product, 2021-2027, USD Thousands
TABLE 59 Rest of LAMEA Vegan Chocolate Confectionery Market, 2017 - 2020, USD Thousands
TABLE 60 Rest of LAMEA Vegan Chocolate Confectionery Market, 2021-2027, USD Thousands
TABLE 61 Rest of LAMEA Vegan Chocolate Confectionery Market by Type, 2017 - 2020, USD Thousands
TABLE 62 Rest of LAMEA Vegan Chocolate Confectionery Market by Type, 2021-2027, USD Thousands
TABLE 63 Rest of LAMEA Vegan Chocolate Confectionery Market by Product, 2017 - 2020, USD Thousands
TABLE 64 Rest of LAMEA 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