Europe Vegan Chocolate Market Size, Share & Industry Trends Analysis Report By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, Online Stores), By Type, By Country and Growth Forecast, 2023

Description

List of Tables

The Europe Vegan Chocolate Market would witness market growth of 11.6% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 3,455.8 tonnes, showcasing a growth of 5.5% (2019-2022).

Many consumers perceive vegan chocolate as healthier because it is often lower in saturated fats and cholesterol than traditional milk chocolate. These chocolates may also suit people with lactose intolerance or milk allergies. The market offers various products, including dark chocolate, milk chocolate alternatives (using plant-based milk like almond or soy), white chocolate alternatives, and various flavors and inclusions such as nuts, fruits, and spices. The development of new ingredients and technologies has enabled manufacturers to create vegan chocolates that closely mimic the taste and texture of traditional chocolate, helping to drive market growth further.

The market is experiencing significant growth driven by various factors, including health consciousness, ethical and environmental concerns, and increasing consumer demand. As more companies invest in product development and marketing, this market will likely expand in the coming years. It aligns with ethical and cruelty-free principles. Consumers are increasingly concerned about the environmental impact of food production. The dairy industry is resource-intensive, and many consumers consider plant-based options like vegan chocolate more sustainable. It is now more readily available in various retail outlets, including grocery stores, specialty shops, and online marketplaces. This increased accessibility has made it easier for consumers to find and purchase vegan chocolate.

European manufacturers are known for their creativity in flavor profiles and ingredient selection. Innovation in vegan chocolate includes incorporating unique and culturally inspired flavors, such as lavender, cardamom, sea salt, and exotic fruit varieties. The industry for plant-based foods has expanded swiftly over the past few years and is projected to increase by a factor of five over the next decade. Up from $29.4 billion in 2020, the demand for plant-based foods could reach $162 billion by 2030. Innovations in vegan chocolate product development are pivotal in enhancing market growth in the European region. Europe region is a significant driver of the plant-based and vegan food sector, and this trend supports the growth of the regional market.

The Germany market dominated the Europe Vegan Chocolate Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $138.9 Million by 2030. The UK market is poised to grow at a CAGR of 10.6% during (2023 - 2030). Additionally, The France market would witness a CAGR of 12.5% during (2023 - 2030).

Based on Distribution Channel, the market is segmented into Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, Online Stores, and Others. Based on Type, the market is segmented into Dark, Milk, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include The Hershey Company (Hershey Trust Company), Nestle S.A, Mars, Inc., Alter Eco (Nextworld Evergreen), Mondelez International, Inc., The Barry Callebaut Group, Plamil Foods Ltd, Lindt & Sprungli AG, Ludwig Weinrich GmbH & Co. KG, and Purdys Chocolatier

Scope of the Study

Market Segments covered in the Report:

By Distribution Channel (Volume, Tonnes, USD Million, 2019-2030)

Supermarkets/Hypermarkets
Convenience Stores
Specialty Stores
Online Stores
Others

By Type (Volume, Tonnes, USD Million, 2019-2030)

Dark
Milk
Others

By Country (Volume, Tonnes, USD Million, 2019-2030)

Germany
UK
France
Russia
Spain
Italy
Rest of Europe

Companies Profiled

The Hershey Company (Hershey Trust Company)
Nestle S.A
Mars, Inc.
Alter Eco (Nextworld Evergreen)
Mondelez International, Inc.
The Barry Callebaut Group
Plamil Foods Ltd
Lindt & Sprungli AG
Ludwig Weinrich GmbH & Co. KG
Purdys Chocolatier

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Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 Europe Vegan Chocolate Market, by Distribution Channel
- 1.4.2 Europe Vegan Chocolate Market, by Type
- 1.4.3 Europe Vegan Chocolate Market, by Country
1.5 Methodology for the research

Chapter 2. Market At a Glance

2.1 Key Highlights

Chapter 3. Market Overview

3.1 Introduction
- 3.1.1 Overview
  - 3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints

Chapter 4. Competition Analysis - Global

4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
4.3 Top Winning Strategies
- 4.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
- 4.3.2 Key Strategic Move: (Product Launches and Product Expansions: 2019, Apr - 2023, Jun) Leading Players
4.4 Porter's Five Force Analysis

Chapter 5. Europe Vegan Chocolate Market, by Distribution Channel

5.1 Europe Supermarkets/Hypermarkets Market, by Country
5.2 Europe Convenience Stores Market, by Country
5.3 Europe Specialty Stores Market, by Country
5.4 Europe Online Stores Market, by Country
5.5 Europe Others Market, by Country

Chapter 6. Europe Vegan Chocolate Market, by Type

6.1 Europe Dark Market, by Country
6.2 Europe Milk Market, by Country
6.3 Europe Others Market, by Country

Chapter 7. Europe Vegan Chocolate Market, by Country

7.1 Germany Vegan Chocolate Market
- 7.1.1 Germany Vegan Chocolate Market, by Distribution Channel
- 7.1.2 Germany Vegan Chocolate Market, by Type
7.2 UK Vegan Chocolate Market
- 7.2.1 UK Vegan Chocolate Market, by Distribution Channel
- 7.2.2 UK Vegan Chocolate Market, by Type
7.3 France Vegan Chocolate Market
- 7.3.1 France Vegan Chocolate Market, by Distribution Channel
- 7.3.2 France Vegan Chocolate Market, by Type
7.4 Russia Vegan Chocolate Market
- 7.4.1 Russia Vegan Chocolate Market, by Distribution Channel
- 7.4.2 Russia Vegan Chocolate Market, by Type
7.5 Spain Vegan Chocolate Market
- 7.5.1 Spain Vegan Chocolate Market, by Distribution Channel
- 7.5.2 Spain Vegan Chocolate Market, by Type
7.6 Italy Vegan Chocolate Market
- 7.6.1 Italy Vegan Chocolate Market, by Distribution Channel
- 7.6.2 Italy Vegan Chocolate Market, by Type
7.7 Rest of Europe Vegan Chocolate Market
- 7.7.1 Rest of Europe Vegan Chocolate Market, by Distribution Channel
- 7.7.2 Rest of Europe Vegan Chocolate Market, by Type

Chapter 8. Company Profiles

8.1 The Hershey Company (Hershey Trust Company)
- 8.1.1 Company overview
- 8.1.2 Financial Analysis
- 8.1.3 Segmental and Regional Analysis
- 8.1.4 Recent strategies and developments:
  - 8.1.4.1 Product Launches and Product Expansions:
- 8.1.5 SWOT Analysis
8.2 Nestle S.A
- 8.2.1 Company Overview
- 8.2.2 Financial Analysis
- 8.2.3 Segmental and Regional Analysis
- 8.2.4 Research & Development Expenses
- 8.2.5 Recent strategies and developments:
  - 8.2.5.1 Product Launches and Product Expansions:
- 8.2.6 SWOT Analysis
8.3 Mars, Inc.
- 8.3.1 Company Overview
- 8.3.2 Recent strategies and developments:
  - 8.3.2.1 Partnerships, Collaborations, and Agreements:
- 8.3.3 SWOT Analysis
8.4 Alter Eco (Nextworld Evergreen)
- 8.4.1 Company Overview
- 8.4.2 Recent strategies and developments:
  - 8.4.2.1 Product Launches and Product Expansions:
- 8.4.3 SWOT Analysis
8.5 Mondelez International, Inc.
- 8.5.1 Company Overview
- 8.5.2 Financial Analysis
- 8.5.3 Regional Analysis
- 8.5.4 Recent strategies and developments:
  - 8.5.4.1 Product Launches and Product Expansions:
  - 8.5.4.2 Acquisition and Mergers:
- 8.5.5 SWOT Analysis
8.6 The Barry Callebaut Group
- 8.6.1 Company Overview
- 8.6.2 Financial Analysis
- 8.6.3 Segmental and Regional Analysis
- 8.6.4 Research & Development Expense
- 8.6.5 Recent strategies and developments:
  - 8.6.5.1 Product Launches and Product Expansions:
- 8.6.6 SWOT Analysis
8.7 Plamil Foods Ltd
- 8.7.1 Company Overview
- 8.7.2 Recent strategies and developments:
  - 8.7.2.1 Product Launches and Product Expansions:
- 8.7.3 SWOT Analysis
8.8 Lindt & Sprungli AG
- 8.8.1 Company Overview
- 8.8.2 Financial Analysis
- 8.8.3 Segmental Analysis
- 8.8.4 Research & Development Expenses
- 8.8.5 Recent strategies and developments:
  - 8.8.5.1 Product Launches and Product Expansions:
- 8.8.6 SWOT Analysis
8.9 Ludwig Weinrich GmbH & Co. KG
- 8.9.1 Company Overview
- 8.9.2 SWOT Analysis
8.10. Purdys Chocolatier
- 8.10.1 Company Overview
- 8.10.2 Recent strategies and developments:
  - 8.10.2.1 Product Launches and Product Expansions:
- 8.10.3 SWOT Analysis

LIST OF TABLES

TABLE 1 Europe Vegan Chocolate Market, 2019 - 2022, USD Million
TABLE 2 Europe Vegan Chocolate Market, 2023 - 2030, USD Million
TABLE 3 Europe Vegan Chocolate Market, 2019 - 2022, Tonnes
TABLE 4 Europe Vegan Chocolate Market, 2023 - 2030, Tonnes
TABLE 5 Partnerships, Collaborations and Agreements- Vegan Chocolate Market
TABLE 6 Product Launches And Product Expansions- Vegan Chocolate Market
TABLE 7 Acquisition and Mergers- Vegan Chocolate Market
TABLE 8 Europe Vegan Chocolate Market, by Distribution Channel, 2019 - 2022, USD Million
TABLE 9 Europe Vegan Chocolate Market, by Distribution Channel, 2023 - 2030, USD Million
TABLE 10 Europe Vegan Chocolate Market, by Distribution Channel, 2019 - 2022, Tonnes
TABLE 11 Europe Vegan Chocolate Market, by Distribution Channel, 2023 - 2030, Tonnes
TABLE 12 Europe Supermarkets/Hypermarkets Market, by Country, 2019 - 2022, USD Million
TABLE 13 Europe Supermarkets/Hypermarkets Market, by Country, 2023 - 2030, USD Million
TABLE 14 Europe Supermarkets/Hypermarkets Market, by Country, 2019 - 2022, Tonnes
TABLE 15 Europe Supermarkets/Hypermarkets Market, by Country, 2023 - 2030, Tonnes
TABLE 16 Europe Convenience Stores Market, by Country, 2019 - 2022, USD Million
TABLE 17 Europe Convenience Stores Market, by Country, 2023 - 2030, USD Million
TABLE 18 Europe Convenience Stores Market, by Country, 2019 - 2022, Tonnes
TABLE 19 Europe Convenience Stores Market, by Country, 2023 - 2030, Tonnes
TABLE 20 Europe Specialty Stores Market, by Country, 2019 - 2022, USD Million
TABLE 21 Europe Specialty Stores Market, by Country, 2023 - 2030, USD Million
TABLE 22 Europe Specialty Stores Market, by Country, 2019 - 2022, Tonnes
TABLE 23 Europe Specialty Stores Market, by Country, 2023 - 2030, Tonnes
TABLE 24 Europe Online Stores Market, by Country, 2019 - 2022, USD Million
TABLE 25 Europe Online Stores Market, by Country, 2023 - 2030, USD Million
TABLE 26 Europe Online Stores Market, by Country, 2019 - 2022, Tonnes
TABLE 27 Europe Online Stores Market, by Country, 2023 - 2030, Tonnes
TABLE 28 Europe Others Market, by Country, 2019 - 2022, USD Million
TABLE 29 Europe Others Market, by Country, 2023 - 2030, USD Million
TABLE 30 Europe Others Market, by Country, 2019 - 2022, Tonnes
TABLE 31 Europe Others Market, by Country, 2023 - 2030, Tonnes
TABLE 32 Europe Vegan Chocolate Market, by Type, 2019 - 2022, USD Million
TABLE 33 Europe Vegan Chocolate Market, by Type, 2023 - 2030, USD Million
TABLE 34 Europe Vegan Chocolate Market, by Type, 2019 - 2022, Tonnes
TABLE 35 Europe Vegan Chocolate Market, by Type, 2023 - 2030, Tonnes
TABLE 36 Europe Dark Market, by Country, 2019 - 2022, USD Million
TABLE 37 Europe Dark Market, by Country, 2023 - 2030, USD Million
TABLE 38 Europe Dark Market, by Country, 2019 - 2022, Tonnes
TABLE 39 Europe Dark Market, by Country, 2023 - 2030, Tonnes
TABLE 40 Europe Milk Market, by Country, 2019 - 2022, USD Million
TABLE 41 Europe Milk Market, by Country, 2023 - 2030, USD Million
TABLE 42 Europe Milk Market, by Country, 2019 - 2022, Tonnes
TABLE 43 Europe Milk Market, by Country, 2023 - 2030, Tonnes
TABLE 44 Europe Others Market, by Country, 2019 - 2022, USD Million
TABLE 45 Europe Others Market, by Country, 2023 - 2030, USD Million
TABLE 46 Europe Others Market, by Country, 2019 - 2022, Tonnes
TABLE 47 Europe Others Market, by Country, 2023 - 2030, Tonnes
TABLE 48 Europe Vegan Chocolate Market, by Country, 2019 - 2022, USD Million
TABLE 49 Europe Vegan Chocolate Market, by Country, 2023 - 2030, USD Million
TABLE 50 Europe Vegan Chocolate Market, by Country, 2019 - 2022, Tonnes
TABLE 51 Europe Vegan Chocolate Market, by Country, 2023 - 2030, Tonnes
TABLE 52 Germany Vegan Chocolate Market, 2019 - 2022, USD Million
TABLE 53 Germany Vegan Chocolate Market, 2023 - 2030, USD Million
TABLE 54 Germany Vegan Chocolate Market, 2019 - 2022, Tonnes
TABLE 55 Germany Vegan Chocolate Market, 2023 - 2030, Tonnes
TABLE 56 Germany Vegan Chocolate Market, by Distribution Channel, 2019 - 2022, USD Million
TABLE 57 Germany Vegan Chocolate Market, by Distribution Channel, 2023 - 2030, USD Million
TABLE 58 Germany Vegan Chocolate Market, by Distribution Channel, 2019 - 2022, Tonnes
TABLE 59 Germany Vegan Chocolate Market, by Distribution Channel, 2023 - 2030, Tonnes
TABLE 60 Germany Vegan Chocolate Market, by Type, 2019 - 2022, USD Million
TABLE 61 Germany Vegan Chocolate Market, by Type, 2023 - 2030, USD Million
TABLE 62 Germany Vegan Chocolate Market, by Type, 2019 - 2022, Tonnes
TABLE 63 Germany Vegan Chocolate Market, by Type, 2023 - 2030, Tonnes
TABLE 64 UK Vegan Chocolate Market, 2019 - 2022, USD Million
TABLE 65 UK Vegan Chocolate Market, 2023 - 2030, USD Million
TABLE 66 UK Vegan Chocolate Market, 2019 - 2022, Tonnes
TABLE 67 UK Vegan Chocolate Market, 2023 - 2030, Tonnes
TABLE 68 UK Vegan Chocolate Market, by Distribution Channel, 2019 - 2022, USD Million
TABLE 69 UK Vegan Chocolate Market, by Distribution Channel, 2023 - 2030, USD Million
TABLE 70 UK Vegan Chocolate Market, by Distribution Channel, 2019 - 2022, Tonnes
TABLE 71 UK Vegan Chocolate Market, by Distribution Channel, 2023 - 2030, Tonnes
TABLE 72 UK Vegan Chocolate Market, by Type, 2019 - 2022, USD Million
TABLE 73 UK Vegan Chocolate Market, by Type, 2023 - 2030, USD Million
TABLE 74 UK Vegan Chocolate Market, by Type, 2019 - 2022, Tonnes
TABLE 75 UK Vegan Chocolate Market, by Type, 2023 - 2030, Tonnes
TABLE 76 France Vegan Chocolate Market, 2019 - 2022, USD Million
TABLE 77 France Vegan Chocolate Market, 2023 - 2030, USD Million
TABLE 78 France Vegan Chocolate Market, 2019 - 2022, Tonnes
TABLE 79 France Vegan Chocolate Market, 2023 - 2030, Tonnes
TABLE 80 France Vegan Chocolate Market, by Distribution Channel, 2019 - 2022, USD Million
TABLE 81 France Vegan Chocolate Market, by Distribution Channel, 2023 - 2030, USD Million
TABLE 82 France Vegan Chocolate Market, by Distribution Channel, 2019 - 2022, Tonnes
TABLE 83 France Vegan Chocolate Market, by Distribution Channel, 2023 - 2030, Tonnes
TABLE 84 France Vegan Chocolate Market, by Type, 2019 - 2022, USD Million
TABLE 85 France Vegan Chocolate Market, by Type, 2023 - 2030, USD Million
TABLE 86 France Vegan Chocolate Market, by Type, 2019 - 2022, Tonnes
TABLE 87 France Vegan Chocolate Market, by Type, 2023 - 2030, Tonnes
TABLE 88 Russia Vegan Chocolate Market, 2019 - 2022, USD Million
TABLE 89 Russia Vegan Chocolate Market, 2023 - 2030, USD Million
TABLE 90 Russia Vegan Chocolate Market, 2019 - 2022, Tonnes
TABLE 91 Russia Vegan Chocolate Market, 2023 - 2030, Tonnes
TABLE 92 Russia Vegan Chocolate Market, by Distribution Channel, 2019 - 2022, USD Million
TABLE 93 Russia Vegan Chocolate Market, by Distribution Channel, 2023 - 2030, USD Million
TABLE 94 Russia Vegan Chocolate Market, by Distribution Channel, 2019 - 2022, Tonnes
TABLE 95 Russia Vegan Chocolate Market, by Distribution Channel, 2023 - 2030, Tonnes
TABLE 96 Russia Vegan Chocolate Market, by Type, 2019 - 2022, USD Million
TABLE 97 Russia Vegan Chocolate Market, by Type, 2023 - 2030, USD Million
TABLE 98 Russia Vegan Chocolate Market, by Type, 2019 - 2022, Tonnes
TABLE 99 Russia Vegan Chocolate Market, by Type, 2023 - 2030, Tonnes
TABLE 100 Spain Vegan Chocolate Market, 2019 - 2022, USD Million
TABLE 101 Spain Vegan Chocolate Market, 2023 - 2030, USD Million
TABLE 102 Spain Vegan Chocolate Market, 2019 - 2022, Tonnes
TABLE 103 Spain Vegan Chocolate Market, 2023 - 2030, Tonnes
TABLE 104 Spain Vegan Chocolate Market, by Distribution Channel, 2019 - 2022, USD Million
TABLE 105 Spain Vegan Chocolate Market, by Distribution Channel, 2023 - 2030, USD Million
TABLE 106 Spain Vegan Chocolate Market, by Distribution Channel, 2019 - 2022, Tonnes
TABLE 107 Spain Vegan Chocolate Market, by Distribution Channel, 2023 - 2030, Tonnes
TABLE 108 Spain Vegan Chocolate Market, by Type, 2019 - 2022, USD Million
TABLE 109 Spain Vegan Chocolate Market, by Type, 2023 - 2030, USD Million
TABLE 110 Spain Vegan Chocolate Market, by Type, 2019 - 2022, Tonnes
TABLE 111 Spain Vegan Chocolate Market, by Type, 2023 - 2030, Tonnes
TABLE 112 Italy Vegan Chocolate Market, 2019 - 2022, USD Million
TABLE 113 Italy Vegan Chocolate Market, 2023 - 2030, USD Million
TABLE 114 Italy Vegan Chocolate Market, 2019 - 2022, Tonnes
TABLE 115 Italy Vegan Chocolate Market, 2023 - 2030, Tonnes
TABLE 116 Italy Vegan Chocolate Market, by Distribution Channel, 2019 - 2022, USD Million
TABLE 117 Italy Vegan Chocolate Market, by Distribution Channel, 2023 - 2030, USD Million
TABLE 118 Italy Vegan Chocolate Market, by Distribution Channel, 2019 - 2022, Tonnes
TABLE 119 Italy Vegan Chocolate Market, by Distribution Channel, 2023 - 2030, Tonnes
TABLE 120 Italy Vegan Chocolate Market, by Type, 2019 - 2022, USD Million
TABLE 121 Italy Vegan Chocolate Market, by Type, 2023 - 2030, USD Million
TABLE 122 Italy Vegan Chocolate Market, by Type, 2019 - 2022, Tonnes
TABLE 123 Italy Vegan Chocolate Market, by Type, 2023 - 2030, Tonnes
TABLE 124 Rest of Europe Vegan Chocolate Market, 2019 - 2022, USD Million
TABLE 125 Rest of Europe Vegan Chocolate Market, 2023 - 2030, USD Million
TABLE 126 Rest of Europe Vegan Chocolate Market, 2019 - 2022, Tonnes
TABLE 127 Rest of Europe Vegan Chocolate Market, 2023 - 2030, Tonnes
TABLE 128 Rest of Europe Vegan Chocolate Market, by Distribution Channel, 2019 - 2022, USD Million
TABLE 129 Rest of Europe Vegan Chocolate Market, by Distribution Channel, 2023 - 2030, USD Million
TABLE 130 Rest of Europe Vegan Chocolate Market, by Distribution Channel, 2019 - 2022, Tonnes
TABLE 131 Rest of Europe Vegan Chocolate Market, by Distribution Channel, 2023 - 2030, Tonnes
TABLE 132 Rest of Europe Vegan Chocolate Market, by Type, 2019 - 2022, USD Million
TABLE 133 Rest of Europe Vegan Chocolate Market, by Type, 2023 - 2030, USD Million
TABLE 134 Rest of Europe Vegan Chocolate Market, by Type, 2019 - 2022, Tonnes
TABLE 135 Rest of Europe Vegan Chocolate Market, by Type, 2023 - 2030, Tonnes
TABLE 136 Key Information -The Hershey Company
TABLE 137 Key Information - Nestle S.A
TABLE 138 key information - Mars, Inc.
TABLE 139 Key information - Alter Eco
TABLE 140 Key Information - Mondelez International, Inc.
TABLE 141 Key Information - The Barry Callebaut Group
TABLE 142 Key Information - Plamil Foods Ltd
TABLE 143 Key Information - Lindt & Sprungli AG
TABLE 144 Key Information - Ludwig Weinrich GmbH & Co. KG
TABLE 145 Key Information - Purdys Chocolatier

Europe Vegan Chocolate Market Size, Share & Industry Trends Analysis Report By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, Online Stores), By Type, By Country and Growth Forecast, 2023 - 2030