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US Chocolate Market US Chocolate Market Research Report: By Chocolate Products Outlook (Dark Chocolate, Milk Chocolate, White Chocolate, Cocoa Powder), By Chocolate Form Outlook (Chocolate Bars, Liquid Chocolate, Truffles Chocolate) and By Chocolate Category Outlook (Conventional, Organic, Lactose-Free, Gluten-Free, Reduced Sugar, Zero Sugar, Multi-Claim) - Forecast to 2035


ID: MRFR/F-B & N/19467-HCR | 100 Pages | Author: MRFR Research Team| December 2023


US Chocolate Market

US Chocolate Market Research Report: By Chocolate Products Outlook (Dark Chocolate, Milk Chocolate, White Chocolate, Cocoa Powder), By Chocolate Form Outlook (Chocolate Bars, Liquid Chocolate, Truffles Chocolate) and By Chocolate Category Outlook (Conventional, Organic, Lactose-Free, Gluten-Free, Reduced Sugar, Zero Sugar, Multi-Claim) - Forecast to 2035.


US Chocolate Market Overview:


As per MRFR analysis, the US Chocolate Market Size was estimated at 31.87 (USD Billion) in 2023. The US Chocolate Market Industry is expected to grow from 33.5(USD Billion) in 2024 to 59 (USD Billion) by 2035. The US Chocolate Market CAGR (growth rate) is expected to be around 5.28% during the forecast period (2025 - 2035).


Key US Chocolate Market Trends Highlighted


The US Chocolate Market is currently seeing several significant trends driven by changing consumer preferences and health awareness. A key market driver is the growing demand for premium and artisanal chocolate. Consumers are increasingly willing to pay more for high-quality products made with ethically sourced ingredients. This shift is influenced by a rising interest in sustainability, leading brands to promote fair trade practices and eco-friendly packaging. Additionally, there is a noticeable trend towards dark chocolate due to its perceived health benefits. Many consumers are opting for chocolates with higher cocoa content as they associate these with fewer sugars and a richer flavor profile.Opportunities to be explored in the US Chocolate Market include the development of innovative flavors and the incorporation of functional ingredients. As consumers lean towards healthier options, incorporating superfoods, proteins, and adaptogens into chocolate products may capture the attention of health-conscious buyers. This trend paves the way for brands to create unique offerings that distinguish themselves in a competitive market. Recent times have also shown a rise in demand for vegan and plant-based chocolate options. With a significant portion of the population adopting veganism or seeking to reduce animal products, brands that offer delicious and satisfying dairy-free alternatives are likely to attract dedicated consumers.Furthermore, the growth of e-commerce channels presents another trend, as more consumers prefer the convenience of ordering chocolate products online, driving brands to enhance their digital presence. These trends reflect the evolving landscape of the US chocolate market and point towards a future where quality, sustainability, and innovation play pivotal roles.

US North American Chocolate Confectionery Market size

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


US Chocolate Market Drivers

Growing Preference for Premium and Artisan Chocolates


The shift towards premium and artisan chocolates is significantly driving the growth of the US Chocolate Market Industry. According to a report from the Specialty Food Association, about 70% of consumers in the United States express a willingness to pay more for high-quality, ethically sourced chocolate. This trend is further supported by the increasing visibility of brands emphasizing artisanal qualities and sustainable sourcing, with the Fair Trade Certified organization reporting a 50% increase in certified products from 2019 to 2022.The premiumization trend caters to consumers looking for luxury experiences in their food purchases, making it a major catalyst for market expansion in the US. Established brands like Godiva and Lindt are expanding their premium offerings in response to this demand, reflecting a growing consumer base that prioritizes quality over price.


Health Consciousness Leading to Dark Chocolate Demand


The rising health consciousness among consumers is boosting the demand for dark chocolate within the US Chocolate Market Industry. Studies published by the American Journal of Clinical Nutrition indicate that dark chocolate, which is rich in flavonoids, has potential health benefits, including improved heart health and reduced inflammation. As a result, there has been a reported increase in dark chocolate consumption by 150% in the last five years among health-oriented consumers in the US.Major food manufacturers like Hershey's and Mondelez are responding by launching new lines of dark chocolate products that are marketed as healthier options, catering to the shift in consumer preferences.


Rapid Growth of E-commerce Platforms for Chocolate Sales


The proliferation of e-commerce platforms is changing the way consumers purchase chocolate, serving as a driving force in the US Chocolate Market Industry. U.S. Department of Commerce data reveals that e-commerce sales grew by 44% in 2020 alone, reflecting a shift in buying habits accelerated by the COVID-19 pandemic. This growth trend has spurred chocolate brands to rapidly enhance their online presence, with many focusing on direct-to-consumer sales channels.This shift has enabled brands like Ghirardelli and Ferrero to reach a wider audience, thus driving overall market growth as consumers prefer the convenience of online shopping paired with the wide range of options available.

US Chocolate Market Segment Insights:

Chocolate Market Chocolate Products Outlook Insights



The Chocolate Products Outlook segment within the US Chocolate Market showcases a diverse array of products that cater to varying consumer preferences and tastes. Dark chocolate has witnessed a significant surge in popularity, attributed to its perceived health benefits and rich flavor profile, making it a favorite among health-conscious consumers. As a result, it is contributing notably to market dynamics, driving innovation in flavor combinations and inclusion of natural ingredients. Milk chocolate remains a classic choice, widely loved for its creaminess and sweetness.Its versatility in baking and confectionery applications contributes to its strong foothold in the market. White chocolate, although not a true chocolate by some standards, appeals to those who prefer a sweeter and creamier taste profile, providing unique opportunities for product development in desserts and gourmet treats. Additionally, cocoa powder serves as a fundamental ingredient in numerous chocolate products, playing a crucial role in driving market growth through its usage in both home baking and commercial food production. The segment has experienced various market growth opportunities driven by consumer demand for premium and artisanal chocolate experiences, as well as trends towards organic and sustainably sourced cocoa.Overall, the Chocolate Products Outlook segment reflects the evolving tastes and preferences of consumers in the United States, revealing a robust landscape where innovation, health trends, and premium experiences shape the future of the chocolate industry. The diverse segmentation encapsulates the breadth of the US Chocolate Market industry, where statistics indicate a consistent rise in consumption across various categories, thus underscoring the importance of each product in enhancing overall market performance and engagement. This consistent growth trajectory highlights the market's adaptability and responsiveness to ever-changing consumer preferences and societal trends, ensuring that each segment remains relevant and significant in both the present and future landscapes of the US Chocolate Market.


US North American Chocolate Confectionery Market segment

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Chocolate Market Chocolate Form Outlook Insights



The US Chocolate Market, specifically focusing on the Chocolate Form Outlook, presents a dynamic and diverse landscape characterized by various forms such as Chocolate Bars, Liquid Chocolate, and Truffles Chocolate. Chocolate Bars have maintained a significant position in the market, often seen as an accessible treat for consumers, appealing to both traditional and health-conscious buyers through the inclusion of premium ingredients. Liquid Chocolate has gained traction, driven by trends towards gourmet experiences and the rise in artisanal chocolate products, highlighting the blend of convenience and indulgence in the market.Truffles Chocolate, noted for its luxurious appeal, continues to capture consumer interest, especially during festive seasons, reflecting a growing trend towards gifting and premium confectionery. The US Chocolate Market data shows a steady rise in demand for innovative flavors and unique textures, contributing to the market growth. The market is influenced by evolving consumer preferences that favor quality and experience, presenting numerous opportunities for brands to innovate and sustain engagement with their audience.

Chocolate Market Chocolate Category Outlook Insights



The US Chocolate Market is experiencing a diverse evolution, driven by changing consumer preferences and health consciousness. The Chocolate Category Outlook illustrates a dynamic landscape, with segments such as Conventional, Organic, Lactose-Free, Gluten-Free, Reduced Sugar, Zero Sugar, and Multi-Claim gaining traction. Conventional chocolate remains a staple in American households due to its affordability and familiar taste, while Organic chocolate is on the rise as consumers increasingly prioritize sustainable sourcing and natural ingredients.Lactose-Free and Gluten-Free options cater to dietary restrictions and health trends, appealing to a broader audience. The Reduced Sugar and Zero Sugar segments are particularly significant for health-conscious consumers, as they seek indulgence without compromising on wellness. The Multi-Claim segment, which often combines various health-benefit labels, is also gaining attention as consumers look for products that align with their specific dietary needs and lifestyles. The growth of these segments reflects a shift towards more mindful consumption, highlighting the importance of adaptability in the US Chocolate Market, as it blends traditional indulgence with modern health preferences.

US Chocolate Market Key Players and Competitive Insights:


The US chocolate market is a vibrant and competitive landscape, characterized by a diverse range of products and players vying for consumer attention. This industry encompasses everything from mass-produced confections to artisanal creations, reflecting changing consumer preferences for quality, flavor, and ethical sourcing. Within this dynamic environment, key trends such as the rising demand for premium chocolates, organic offerings, and health-oriented snacks are influencing competitive strategies. Market participants continuously innovate to capture market share, respond to evolving consumer tastes, and leverage various distribution channels, both online and offline. The competitive advantages in this market often hinge on branding, marketing, product differentiation, and strategic partnerships that enhance visibility and accessibility.Mondelez International maintains a significant presence in the US chocolate market with a portfolio that includes popular brands that appeal to a wide demographic. The company boasts extensive distribution networks that enable it to reach consumers through various retail channels, including convenience stores, supermarkets, and e-commerce platforms. Mondelez Internationalโ€™s strengths lie in its robust marketing strategies, strong brand recognition, and commitment to innovation. By constantly introducing new flavors and limited-edition products, the company taps into consumer trends and preferences, maintaining its competitive edge. Furthermore, Mondelez has invested in sustainability initiatives, aiming to appeal to environmentally conscious consumers, thereby strengthening its market position and enhancing its brand reputation.Ghirardelli stands out in the US chocolate market as a prestigious brand known for high-quality chocolate products and a rich heritage. Ghirardelli's key offerings include premium chocolate bars, baking products, and specialty confections that cater to both retail and food service sectors. The brand emphasizes high-quality ingredients, unique flavors, and a handcrafted approach that appeals to discerning consumers seeking indulgent experiences. Ghirardelli has established a strong market presence through its flagship stores and robust online sales channels, positioning itself effectively within the competitive landscape. The company's strengths lie in its brand legacy, focus on innovative product development, and strategic partnerships that enhance its distribution capabilities. In recent years, Ghirardelli has also engaged in mergers and acquisitions that bolster its portfolio and expand its market reach, enabling it to stay competitive in the evolving US chocolate sector.


Key Companies in the US Chocolate Market Include:

Mondelez International


Ghirardelli


Chocolate Frey


Ferrero


Mars


Nestle


Toblerone


Baker's Chocolate


Godiva


Hershey


Russell Stover


Cargill


General Mills


The Barry Callebaut Group


US Chocolate Market Industry Developments


The US Chocolate Market has seen significant developments recently, particularly with major companies like Mondelez International, Ferrero, and Hershey actively expanding their portfolios. In September 2023, Mondelez International announced the acquisition of a premium chocolate brand, enhancing its presence in the high-end confectionery segment. Ghirardelli, part of Lindt & Sprngli, has also been expanding production capacity to meet growing demand, especially for dark chocolate products, reflecting consumer trends towards healthier options. Mars and Cargill are increasingly investing in sustainable production practices, aiming to improve supply chain transparency and reduce environmental impact. Additionally, Nestle has reported a strong growth trajectory in chocolate sales, driven by innovations in flavors and health-conscious offerings. On the merger and acquisition front, Ferrero's acquisition of a popular snack brand has been confirmed, further diversifying its product range. In recent years, the US chocolate market has experienced a surge in online sales, attributed to shifting consumer behaviors during the pandemic, particularly in 2022. Overall, the evolving market dynamics are marked by strategic expansions, sustainability efforts, and an increasing focus on premiumization, resulting in a vibrant and competitive chocolate landscape in the US.


US Chocolate Market Segmentation Insights

Chocolate Market Chocolate Products Outlook Outlook


Dark Chocolate


Milk Chocolate


White Chocolate


Cocoa Powder

Chocolate Market Chocolate Form Outlook Outlook


Chocolate Bars


Liquid Chocolate


Truffles Chocolate

Chocolate Market Chocolate Category Outlook Outlook


Conventional


Organic


Lactose-Free


Gluten-Free


Reduced Sugar


Zero Sugar


Multi-Claim

Report Scope:
Report Attribute/Metric Source: Details
MARKET SIZE 2018 31.87(USD Billion)
MARKET SIZE 2024 33.5(USD Billion)
MARKET SIZE 2035 59.0(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR) 5.28% (2025 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
MARKET FORECAST PERIOD 2025 - 2035
HISTORICAL DATA 2019 - 2024
MARKET FORECAST UNITS USD Billion
KEY COMPANIES PROFILED Mondelez International, Ghirardelli, Chocolate Frey, Ferrero, Mars, Nestle, Toblerone, Baker's Chocolate, Godiva, Hershey, Russell Stover, Cargill, General Mills, The Barry Callebaut Group
SEGMENTS COVERED Chocolate Products Outlook, Chocolate Form Outlook, Chocolate Category Outlook
KEY MARKET OPPORTUNITIES Dark chocolate health trends, Vegan chocolate products, Sustainable and ethical sourcing, Personalized chocolate experiences, Online chocolate subscription services
KEY MARKET DYNAMICS health consciousness, premium chocolate growth, dark chocolate popularity, sustainable sourcing trends, seasonal demand fluctuations
COUNTRIES COVERED US


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