Market Overview:
The global dairy-free chocolate market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing awareness about lactose intolerance and other food allergies, and the rising demand for vegan products. In addition, the growing trend of snacking is also contributing to the growth of this market. The dark chocolate segment is expected to account for a major share of the global dairy-free chocolate market in 2018. This segment is projected to grow at a CAGR of 8% during the forecast period from 2018 to 2030.
Product Definition:
A chocolate that does not contain dairy products. This type of chocolate is important for people who are lactose intolerant or have a milk allergy.
Dark Chocolate:
Chocolate is a food product prepared from cocoa seeds. It has high nutritional value and it's also an excellent source of energy. Dark chocolate contains higher percentage of cocoa than milk or white chocolates, which makes it healthier as well as more flavorful.
Cocoa is the key ingredient in dark chocolate that gives it its flavor and health benefits.
Alternative Dairy-free Milks Chocolate:
The global dairy-free milks chocolate market size was valued at USD 1.10 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period on account of rising health consciousness among consumers across the globe. The product demand is also fueled by increasing awareness regarding adverse effects associated with dairy products such as high cholesterol, obesity, and diabetes along with other chronic diseases that are prevalent in adults as well as children from birth.
Application Insights:
The market is segmented on the basis of application into supermarkets, convenience stores, online sales and others. The supermarkets accounted for a share of over 60% in 2017 owing to their dominance in terms of reach and retail space occupied as well as size. Moreover, the presence of various products such as ice creams, yogurts & dairy alternatives and other desserts that are lactose-free helps increase the product demand from this channel.
Online sales are expected to expand at a CAGR exceeding 11% from 2018 to 2030 due to increasing e-commerce penetration across countries such as India, China Japan Brazil which has resulted in increased availability of dairy free chocolates at affordable prices along with easy payment options through credit cards etc. Other applications include foodservice industries including restaurants and hotels where dark chocolate is used for making truffles which can be consumed either alone or with coffee/tea or another beverage thereby contributing towards overall revenue generation during said period.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast years owing to growing vegan population and increasing awareness about dairy-free products. Asia Pacific is projected to be the fastest-growing regional market from 2018 to 2030 due to rising health consciousness among consumers, improving standards of living, and increasing disposable income levels in developing countries such as China and India. Moreover, rising demand for chocolate with improved taste as compared to other substitutes will drive growth over the forecast period.
Growth Factors:
- Increasing demand for dairy-free chocolate from vegan population
- Rising awareness about the health benefits of dairy-free chocolate
- Growing popularity of dark chocolate among consumers
- Proliferation of artisanal chocolatiers and chocolates shops selling dairy-free chocolate products
- Introduction of new flavors and varieties in dairy-free chocolate market
Scope Of The Report
Report Attributes
Report Details
Report Title
Dairy-Free Chocolate Market Research Report
By Type
Dark Chocolate, Alternative Dairy-free Milks Chocolate
By Application
Supermarket, Convenience Store, Online Sales, Other
By Companies
Alter Eco, Chocolove, Chocolate Inspirations, Eating Evolved, Endangered Species, Endorphin Foods, Equal Exchange, Goodio, Hu, Lindt, Lulu' s, Taza, Theo Chocolate, Thrive Market, UliMana
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
183
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Dairy-Free Chocolate Market Report Segments:
The global Dairy-Free Chocolate market is segmented on the basis of:
Types
Dark Chocolate, Alternative Dairy-free Milks Chocolate
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Supermarket, Convenience Store, Online Sales, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Alter Eco
- Chocolove
- Chocolate Inspirations
- Eating Evolved
- Endangered Species
- Endorphin Foods
- Equal Exchange
- Goodio
- Hu
- Lindt
- Lulu' s
- Taza
- Theo Chocolate
- Thrive Market
- UliMana
Highlights of The Dairy-Free Chocolate Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Dark Chocolate
- Alternative Dairy-free Milks Chocolate
- By Application:
- Supermarket
- Convenience Store
- Online Sales
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Dairy-Free Chocolate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Dairy-free chocolate is chocolate that does not contain dairy products.
Some of the key players operating in the dairy-free chocolate market are Alter Eco, Chocolove, Chocolate Inspirations, Eating Evolved, Endangered Species, Endorphin Foods, Equal Exchange, Goodio, Hu, Lindt, Lulu' s, Taza, Theo Chocolate, Thrive Market, UliMana.
The dairy-free chocolate market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Dairy-Free Chocolate Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Dairy-Free Chocolate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Dairy-Free Chocolate Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Dairy-Free Chocolate Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Dairy-Free Chocolate Market Size & Forecast, 2018-2028
4.5.1 Dairy-Free Chocolate Market Size and Y-o-Y Growth
4.5.2 Dairy-Free Chocolate Market Absolute $ Opportunity
Chapter 5 Global Dairy-Free Chocolate Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Dairy-Free Chocolate Market Size Forecast by Type
5.2.1 Dark Chocolate
5.2.2 Alternative Dairy-free Milks Chocolate
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Dairy-Free Chocolate Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Dairy-Free Chocolate Market Size Forecast by Applications
6.2.1 Supermarket
6.2.2 Convenience Store
6.2.3 Online Sales
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Dairy-Free Chocolate Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Dairy-Free Chocolate Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Dairy-Free Chocolate Analysis and Forecast
9.1 Introduction
9.2 North America Dairy-Free Chocolate Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Dairy-Free Chocolate Market Size Forecast by Type
9.6.1 Dark Chocolate
9.6.2 Alternative Dairy-free Milks Chocolate
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Dairy-Free Chocolate Market Size Forecast by Applications
9.10.1 Supermarket
9.10.2 Convenience Store
9.10.3 Online Sales
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Dairy-Free Chocolate Analysis and Forecast
10.1 Introduction
10.2 Europe Dairy-Free Chocolate Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Dairy-Free Chocolate Market Size Forecast by Type
10.6.1 Dark Chocolate
10.6.2 Alternative Dairy-free Milks Chocolate
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Dairy-Free Chocolate Market Size Forecast by Applications
10.10.1 Supermarket
10.10.2 Convenience Store
10.10.3 Online Sales
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Dairy-Free Chocolate Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Dairy-Free Chocolate Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Dairy-Free Chocolate Market Size Forecast by Type
11.6.1 Dark Chocolate
11.6.2 Alternative Dairy-free Milks Chocolate
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Dairy-Free Chocolate Market Size Forecast by Applications
11.10.1 Supermarket
11.10.2 Convenience Store
11.10.3 Online Sales
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Dairy-Free Chocolate Analysis and Forecast
12.1 Introduction
12.2 Latin America Dairy-Free Chocolate Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Dairy-Free Chocolate Market Size Forecast by Type
12.6.1 Dark Chocolate
12.6.2 Alternative Dairy-free Milks Chocolate
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Dairy-Free Chocolate Market Size Forecast by Applications
12.10.1 Supermarket
12.10.2 Convenience Store
12.10.3 Online Sales
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Dairy-Free Chocolate Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Dairy-Free Chocolate Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Dairy-Free Chocolate Market Size Forecast by Type
13.6.1 Dark Chocolate
13.6.2 Alternative Dairy-free Milks Chocolate
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Dairy-Free Chocolate Market Size Forecast by Applications
13.10.1 Supermarket
13.10.2 Convenience Store
13.10.3 Online Sales
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Dairy-Free Chocolate Market: Competitive Dashboard
14.2 Global Dairy-Free Chocolate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Alter Eco
14.3.2 Chocolove
14.3.3 Chocolate Inspirations
14.3.4 Eating Evolved
14.3.5 Endangered Species
14.3.6 Endorphin Foods
14.3.7 Equal Exchange
14.3.8 Goodio
14.3.9 Hu
14.3.10 Lindt
14.3.11 Lulu' s
14.3.12 Taza
14.3.13 Theo Chocolate
14.3.14 Thrive Market
14.3.15 UliMana
