Dark chocolate carries a rich and intense flavour, and is an excellent source of flavonoids which contribute to its pigment. The main ingredient in dark chocolate is cocoa that provides phytochemicals (an antioxidant). Various health benefits offered by dark chocolate such as high content of phytochemicals in dark chocolates are expected to drive growth of the market over the forecast period.
According to the latest report, positive view among consumers about the health benefits of dark chocolates will continue to drive demand of this market. Dark chocolates are considered as rich sources of antioxidants, and rising consumer awareness on the health benefits of antioxidants is contributing to the growth in demand.
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Top Key Vendors
Key players operating in the global dark chocolate market include Mars Inc., The Hershey Company, Nestlé S.A., Godiva, Amul, Lindt & Sprüngli AG, Ghirardelli Chocolate Co., Patchi, Harry & David Holdings, Inc., and Mondelez International.
Market Outlook:
Dark chocolates attracts an enormous health conscious customer base owing to the presence of antioxidants. Moreover, dark chocolate is largely sold over milk chocolate during occasions and festivals such as Valentine’s Day, Easter, Halloween, Christmas.
Various product developments in case of major players are expected to drive growth of the dark chocolate market over the forecast period. For instance, Nestle S.A. is focused on expanding its product offerings in India by introducing dips and dark chocolates.
Market Trends:
Europe and North America both are the largest market globally. Switzerland have hubs of dark chocolate production and consumption both, whereas US leading the dark chocolate market in terms of revenue share in north america market.
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