Organic Chocolate Market Size was valued at USD 0.55 billion in 2022. The Organic Chocolate market industry is projected to grow from USD 0.59 Billion in 2023 to USD 0.98 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 8.60% during the forecast period (2023 - 2030). Rising preference for healthy food products and growing product launches are the key market drivers enhancing market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Organic chocolate has changed from being the newest fad to a standard, essential feature. There are numerous opportunities for the confectionery industry due to consumers' growing interest in organic goods. Shops, independent producers, and well-known, recognizable brands are all stocking shelves with increasing organic products. More and more merchants are becoming aware of this label's potential.
Cocoa must satisfy certain requirements in order to receive organic certification. Organic farming standards restrict the use of artificial fertilizers and pesticides. They also call for particular approaches and procedures for soil preservation and plant protection that guarantee transparency and traceability. Worldwide organic standards vary a little, but they all generally aim to preserve the well-being of people, soils, and ecosystems. Several factors motivate businesses to obtain organic certification. These factors could be consumer demand, brand reputation enhancement, environmental concerns, and adding weight to sustainability claims. An end product cannot be certified as organic unless every participant in the supply chain has registered with a control organization or body. Verifying that an actor follows organic rules is the responsibility of the control agency or body.
Additionally, one of the factors driving up demand for organic goods is the rising interest in healthy living. Additionally, the COVID-19 crisis increased demand for organic products by raising consumer awareness of quality and health. Consumers think organic food is safer and healthier than the conventional fare. Thus, such factors are enhancing the Organic Chocolate market CAGR ly.
Figure 1: Â Imports if Cocoa beans per region
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Furthermore, as the demand for organic cocoa is increasing, the import and export are also increasing, aiding the growth of the Organic Chocolate market revenue. Europe is the second-largest Region for organic goods and the largest market for cocoa in the world. Both the importation of organic cocoa beans into Europe and consumer interest in organic goods are rising. Concern for sustainability issues and a rise in interest in healthy living drive demand for organic products. With 56% of all imports, Europe is the world's largest buyer of cocoa beans. Asia imports 26% of the world's cocoa beans, compared to North America and Latin America's combined 17%. In 2021, more than 2.2 million tonnes of cocoa beans (HS code 1801)) were imported into Europe. The import volume decreased by 1.2% per year between 2017 and 2021.
The Organic Chocolate market segmentation, based on type, is segmented into Dark, White, Milk, and Others. The milk segment held the majority share in 2022 in the Organic Chocolate market revenue. Milk chocolate bars are now frequently used in baking and cooking. The ingredient is widely used in a selection of cakes, pastries, and confections. It is used to coat nuts, vegetables, and cakes. The increasing use of milk chocolate is anticipated to propel its demand even during the forecast period. The dark segment is anticipated to be the fastest-growing segment during the forecast period. Dark chocolate contains a lot of antioxidants, which aid in shielding the skin from the sun's damaging rays. The demand for organic foods free of artificial additives is increasing as consumers in developed and developing nations become more health conscious.
August 2018 Divine Chocolate, a fair-trade chocolate manufacturer, will soon introduce its first line of organic chocolate bars. The new chocolate bars will be made with cocoa from a farmers' cooperative on the west African island of So Tomé, according to Divine, which bills itself as "the only chocolate company in the world which is 100% Fairtrade and owned by cocoa farmers."
January 2023 NUTSLA has released DT Organic Dark Chocolate, a chocolate bar that is vegan/paleo, made with no added sugar, and contains no more than six straightforward, organic ingredients. A variety of flavors, including Almond Crunch, Cashew Butter, and Peanut Butter, are offered for the bars.
The Organic Chocolate market segmentation, based on type, includes store-based and non-store-based. The store-based segment dominated the market in 2022. Many customers prefer to buy organic chocolate confectionery from hypermarkets and supermarkets because of the shopping experience they offer. Physical product verification and professional assistance are key components in the growth of this market. Additionally, customers frequently make impulsive purchases of confections at the checkout counters of stores, thus fueling the market growth. Non-Store based segment is projected to be the faster-growing segment during the forecast period, 2022-2030. Online distribution channels' ability to make shopping more convenient is anticipated to fuel the segment's expansion. Simple payment systems that adhere to different countries regulatory standards have made transactions much easier. Major producers concentrate on online distribution channels to draw in new customers.
Figure 2: Â Organic Chocolate Market, by Distribution Channel, 2022 & 2030 (USD billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
By Region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North America Organic Chocolate market accounted for USD 0.3 billion in 2022 and is expected to exhibit a significant CAGR growth during the study period. The regional market has been driven by rising consumer awareness of the product's health benefits and rising demand for premium and seasonal chocolates. Food products that are organic and fairtrade certified have gained a lot of popularity among North American consumers in recent years.
Further, the major countries studied in the market report are: The U.S., Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 3: Â ORGANIC CHOCOLATE MARKET SHARE BY REGION 2022 (%)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe Organic Chocolate market accounts for the second-largest market share. Increased artisanal chocolate production, ongoing flavor innovations, and in-store promotions fuel the regional market's expansion. Customers are searching for high-quality, safe goods for the environment and their health. Further, the France Organic Chocolate market held the largest market share, and the Germany Organic Chocolate market was the fastest-growing market in the European Region.
The Asia-Pacific Organic Chocolate Market is expected to grow at the fastest CAGR from 2022 to 2030. Due to rising discretionary income levels among consumers in the Region, the market in Asia Pacific is expanding rapidly. Demand for organic cocoa has increased across the confectionery, beverage, bakery, and dairy industries as consumers' ability to spend money on healthy products have increased. Demand for organic cocoa in the area is anticipated to increase due to the increasing popularity of chocolate and cocoa flavors in various food products. Moreover, the China Organic Chocolate market held the largest market share, and the India Organic Chocolate market was the fastest-growing in Asia-Pacific.
The Major market players are focused on diversifying their product portfolios by investing heavily within their R&D departments. Additionally, players are focused on integrating various market developments such as new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other companies in the market to widen their presence further. The dominant players in the Organic Chocolate industry further offer to optimize their supply chains to widen their profit margins.
To reduce operating costs, the market leaders in the Organic Chocolate industry are offering their products at a moderate price. During the forecast period, the Organic Chocolate industry has produced highly viable products. The Organic Chocolate market major player such as Green & Black, Artisan Confections Company, Newman’s Own, Kicking Horse Chocolate, Endangered Species Chocolate, and Lake Champion Chocolates, and others are working to expand the market demand by investing in research and development activities.
Green & Black is a company that manufactures chocolates. The Fairtrade Foundation certifies organic chocolate. We're pleased to say that Maya Gold was the first chocolate in the UK to receive the Fairtrade seal in 1994. In September 2022, with the Smooth line's introduction, Mondelez was extending the reach of its premium organic chocolate line, Green & Black. At launch, only two flavors are available: Plain 50% Cocoa and Mint.
Lake Champion Chocolates is a Vermont Chocolate Company, a forerunner in the American chocolate movement that works to produce only the finest-tasting chocolates conceivable. In August 2020, Lake Champlain Chocolates launched a new chocolate bar collection inspired by nature. The Vermont chocolatier's line was developed out of a desire for chocolate to preserve and protect healing moments, both in life and in our environment, and is made from organic and fair trade certified extra-dark chocolate.
Organic Chocolate Industry Developments
August 2022: Hu Kitchen, a vegan chocolate company, introduces dairy products from grass-fed cows. With a clear "grass-fed" message, Hu Kitchen, the most popular vegan chocolate company in the world, is expanding its line of dairy milk chocolate products.
September 2022: Theobroma Chocolat, known for its organic chocolate goods, is innovating by introducing Yummy Zero Sugar, a new plant-based, sugar-free organic chocolate, to consumers worldwide. Since this Canadian business, established in Quebec, began operations, social manufacturing has been a crucial tenet of innovation efforts.
| Report Attribute/Metric | Details |
| Market Size 2022 | USD 0.55 billion |
| Market Size 2023 | USD 0.59 billion |
| Market Size 2030 | USD 0.98 billion |
| Compound Annual Growth Rate (CAGR) | 8.60% (2023-2030) |
| Base Year | 2022 |
| Market Forecast Period | 2023-2030 |
| Historical Data | 2019 - 2021 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Type, Distribution Channel, and Region |
| Geographies Covered | North America, Europe, Asia Pacific, and Rest of the World |
| Countries Covered | The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled | Green & Black, Artisan Confections Company, Newman’s Own, Kicking Horse Chocolate, Endangered Species Chocolate, and Lake Champion Chocolates |
| Key Market Opportunities | ·        Growing youth population |
| Key Market Dynamics | ·        New product launches ·        Rising disposable income |
Organic Chocolate Market Highlights:
Frequently Asked Questions (FAQ) :
The Organic Chocolate market size was valued at USD 0.55 Billion in 2022.
The market is projected to grow at a CAGR of 8.60% during the forecast period, 2022-2030.
North America had the largest share of the market
The key players in the market are Green & Black, Artisan Confections Company, Newman’s Own, Kicking Horse Chocolate, Endangered Species Chocolate, and Lake Champion Chocolates.
The milk category dominated the market in 2022.
The store-based had the largest share of the market.
Research Analyst Harshita post graduate mba in business administration from welingkar institute, mumbai and 5 years of experience in the field of product market research. as a research analyst, i have cross-domain experience in packaging, and industrial automation & equipment. i am currently looking after the research process of packaging, logistics & transportation, and industrial automation & equipment at market research future reports. my responsibilities at the organization involve handling syndicate and custom reports as well as responding to client inquiries, and organize, co-ordinate with a group of 5 to 6 persons to manage all workflows.
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