The North America Vegan Chocolate Confectionery Market would witness market growth of 11.5% CAGR during the forecast period (2021-2027).
The consumers are following the culture of a plant-based diet which is broadening the scope of the product around the world. Additionally, there is an increase in the number of lactose-intolerant people who are growing along with the consumer who is preferring a vegan diet, which is surging the market growth around the world. The foodservice sectors are integrating plant-based products in their menus leading to a surge in market growth.
Besides this, the market growth of the product is also propelling due to the growth in the number of campaigns and awareness regarding environmental protection and cruelty against animals. Moreover, nowadays children and adults are facing problems like food-related allergies and lactose intolerance, which has changed their preferences in the past few years.
North America would witness the surge in vegan chocolate confectionery as there is a rise in the vegan population in Canada and U.S. Additionally, this region will witness huge growth in the market size due to the existing reputed product manufacturers in the sub-continent and the launching of new food ideas accompanying marketability of vegan diet among baby boomers and millennial population. According to a report, in the U.S., there was a huge increase in the sales of vegan foods in the last few years. Moreover, there is almost more than double increase in the vegan trends, which will fuel the market revenue in this region over the forecast period.
The US market dominated the North America Dark Chocolate Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $95,643.4 Thousands by 2027. The Canada market is experiencing a CAGR of 13.9% during (2021-2027). Additionally, The Mexico market would witness a CAGR of 12.9% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Vegan Chocolate Confectionery Market is Estimated to Reach USD 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
- US
- Canada
- Mexico
- Rest of North America
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 North America Vegan Chocolate Confectionery Market, by Type
1.4.2 North America Vegan Chocolate Confectionery Market, by Product
1.4.3 North America 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. North America Vegan Chocolate Confectionery Market by Type
3.1 North America Milk Chocolate Market by Country
3.2 North America Dark Chocolate Market by Country
3.3 North America White Chocolate Market by Country
Chapter 4. North America Vegan Chocolate Confectionery Market by Product
4.1 North America Molded Bars Market by Country
4.2 North America Chips & Bites Market by Country
4.3 North America Boxed Market by Country
4.4 North America Truffles & Cups Market by Country
Chapter 5. North America Vegan Chocolate Confectionery Market by Country
5.1 US Vegan Chocolate Confectionery Market
5.1.1 US Vegan Chocolate Confectionery Market by Type
5.1.2 US Vegan Chocolate Confectionery Market by Product
5.2 Canada Vegan Chocolate Confectionery Market
5.2.1 Canada Vegan Chocolate Confectionery Market by Type
5.2.2 Canada Vegan Chocolate Confectionery Market by Product
5.3 Mexico Vegan Chocolate Confectionery Market
5.3.1 Mexico Vegan Chocolate Confectionery Market by Type
5.3.2 Mexico Vegan Chocolate Confectionery Market by Product
5.4 Rest of North America Vegan Chocolate Confectionery Market
5.4.1 Rest of North America Vegan Chocolate Confectionery Market by Type
5.4.2 Rest of North America 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 North America Vegan Chocolate Confectionery Market, 2017 - 2020, USD Thousands
TABLE 2 North America Vegan Chocolate Confectionery Market, 2021-2027, USD Thousands
TABLE 3 North America Vegan Chocolate Confectionery Market by Type, 2017 - 2020, USD Thousands
TABLE 4 North America Vegan Chocolate Confectionery Market by Type, 2021-2027, USD Thousands
TABLE 5 North America Milk Chocolate Market by Country, 2017 - 2020, USD Thousands
TABLE 6 North America Milk Chocolate Market by Country, 2021-2027, USD Thousands
TABLE 7 North America Dark Chocolate Market by Country, 2017 - 2020, USD Thousands
TABLE 8 North America Dark Chocolate Market by Country, 2021-2027, USD Thousands
TABLE 9 North America White Chocolate Market by Country, 2017 - 2020, USD Thousands
TABLE 10 North America White Chocolate Market by Country, 2021-2027, USD Thousands
TABLE 11 North America Vegan Chocolate Confectionery Market by Product, 2017 - 2020, USD Thousands
TABLE 12 North America Vegan Chocolate Confectionery Market by Product, 2021-2027, USD Thousands
TABLE 13 North America Molded Bars Market by Country, 2017 - 2020, USD Thousands
TABLE 14 North America Molded Bars Market by Country, 2021-2027, USD Thousands
TABLE 15 North America Chips & Bites Market by Country, 2017 - 2020, USD Thousands
TABLE 16 North America Chips & Bites Market by Country, 2021-2027, USD Thousands
TABLE 17 North America Boxed Market by Country, 2017 - 2020, USD Thousands
TABLE 18 North America Boxed Market by Country, 2021-2027, USD Thousands
TABLE 19 North America Truffles & Cups Market by Country, 2017 - 2020, USD Thousands
TABLE 20 North America Truffles & Cups Market by Country, 2021-2027, USD Thousands
TABLE 21 North America Vegan Chocolate Confectionery Market by Country, 2017 - 2020, USD Thousands
TABLE 22 North America Vegan Chocolate Confectionery Market by Country, 2021-2027, USD Thousands
TABLE 23 US Vegan Chocolate Confectionery Market, 2017 - 2020, USD Thousands
TABLE 24 US Vegan Chocolate Confectionery Market, 2021-2027, USD Thousands
TABLE 25 US Vegan Chocolate Confectionery Market by Type, 2017 - 2020, USD Thousands
TABLE 26 US Vegan Chocolate Confectionery Market by Type, 2021-2027, USD Thousands
TABLE 27 US Vegan Chocolate Confectionery Market by Product, 2017 - 2020, USD Thousands
TABLE 28 US Vegan Chocolate Confectionery Market by Product, 2021-2027, USD Thousands
TABLE 29 Canada Vegan Chocolate Confectionery Market, 2017 - 2020, USD Thousands
TABLE 30 Canada Vegan Chocolate Confectionery Market, 2021-2027, USD Thousands
TABLE 31 Canada Vegan Chocolate Confectionery Market by Type, 2017 - 2020, USD Thousands
TABLE 32 Canada Vegan Chocolate Confectionery Market by Type, 2021-2027, USD Thousands
TABLE 33 Canada Vegan Chocolate Confectionery Market by Product, 2017 - 2020, USD Thousands
TABLE 34 Canada Vegan Chocolate Confectionery Market by Product, 2021-2027, USD Thousands
TABLE 35 Mexico Vegan Chocolate Confectionery Market, 2017 - 2020, USD Thousands
TABLE 36 Mexico Vegan Chocolate Confectionery Market, 2021-2027, USD Thousands
TABLE 37 Mexico Vegan Chocolate Confectionery Market by Type, 2017 - 2020, USD Thousands
TABLE 38 Mexico Vegan Chocolate Confectionery Market by Type, 2021-2027, USD Thousands
TABLE 39 Mexico Vegan Chocolate Confectionery Market by Product, 2017 - 2020, USD Thousands
TABLE 40 Mexico Vegan Chocolate Confectionery Market by Product, 2021-2027, USD Thousands
TABLE 41 Rest of North America Vegan Chocolate Confectionery Market, 2017 - 2020, USD Thousands
TABLE 42 Rest of North America Vegan Chocolate Confectionery Market, 2021-2027, USD Thousands
TABLE 43 Rest of North America Vegan Chocolate Confectionery Market by Type, 2017 - 2020, USD Thousands
TABLE 44 Rest of North America Vegan Chocolate Confectionery Market by Type, 2021-2027, USD Thousands
TABLE 45 Rest of North America Vegan Chocolate Confectionery Market by Product, 2017 - 2020, USD Thousands
TABLE 46 Rest of North America Vegan Chocolate Confectionery Market by Product, 2021-2027, USD Thousands
TABLE 47 Key Information –Mondelez International, Inc.
TABLE 48 Key Information – Equal Exchange Coop
TABLE 49 Key Information –Endorfin Foods
TABLE 50 Key Information – Raaka Chocolate Ltd.
TABLE 51 Key Information – Goodio
TABLE 52 Key Information – No Whey Chocolate
TABLE 53 Key Information – Theo Chocolate, Inc.
TABLE 54 Key Information –Endangered Species Chocolate, LLC
TABLE 55 Key Information –Alter Eco, Inc.
TABLE 56 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