The global vegan chocolate market is anticipated to grow at a significant CAGR of 4.6% during the forecast period. Increasing demand for vegan products among the population, who are more concerned about their fitness and health is the major factor driving the growth of the vegan chocolate market across the globe. Vegan chocolates are high in proteins and contain low calories and fats which aids to lose weight. According to the World Health Organization (WHO), in 2019, an estimated 38.2 million children under the age of 5 years were overweight or obese and 39 million children under the age of 5 were overweight or obese in 2020. The increasing incidences of obesity have decreased the consumption of traditional chocolates as they contain processed sugar which increases the weight due to which the demand for vegan chocolate increases and led to the growth of the vegan chocolate market across the globe. 

Moreover, vegan chocolates also support boosting the immune system and regulate blood flow in the body which is also a major factor in the growth of the vegan chocolate market globally. Increased awareness regarding fitness and physical activity among people made them stop consuming traditional unhealthy chocolates and shift towards a healthy alternative which increases the demand for vegan chocolates in the market. Many companies expanded their production to fulfill the demand of consumers and to compete in the market which also contributes to the growth of the vegan chocolate market across the globe. For instance, in April 2022, Indian plant-based chocolate firm CARRA launched a dairy-free white chocolate bar, aiming to ‘plug the gaps in its portfolio to appeal to a wider consumer base. The firm started its plant-based portfolio with dark chocolates of which it now has 10 SKUs, then milk chocolates with two SKUs and now it has launched its white variant, lemon, and cranberry.

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Market Coverage

The market number available for – 2023-2031
Base year- 2023
Forecast period- 2024-2031

Segment Covered- 

By Product Type
By Flavour Type
By Distribution Channel

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape – Anhui Fuguang Life Technology Co. Ltd., BOROSIL, Hamilton Housewares Pvt. Ltd., Laken Productos Deportivos S.A., New Leaf Retail Technologies Pvt. Ltd. (Nestasia), and others.

Vegan Chocolate Market Report Segment

By Product Type

Dark
White
Other

By Flavour Type

Caramel
Brown Butter
Coconut Milk
Other Flavour

By Distribution Channel

Online 
Offline 

A full Report of Vegan Chocolate Market is Available @  https://www.omrglobal.com/industry-reports/vegan-chocolate-market

Vegan Chocolate Market Report Segment by Region

North America                                                                                                           

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa 

Company Profiles 

Alfred Ritter GmbH & Co. KG (RITTER SPORT)
Alter Eco
Chocoladefabriken Lindt & Sprüngli AG
DIVINE CHOCOLATE LTD.
Endorfin Foods
Hu Master Holdings, LLC
Ludwig Weinrich GmbH & Co. KG
Mondel?z Global LLC 
Newman’s Own, Inc. 
Perfect Day, Inc.
Plamil Foods Ltd.
.Schmilk Chocolate By Chocolate Hollow, LLC
TCHO Ventures
The Hershey Co.
The Kraft Heinz Co.
Tofutti Brands, Inc.
VGAN Chocolate
World Preservation Foundation

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