Chocolate Confectionery Market Navigating the Growth Trajectory, 2030
The global chocolate confectionery market is poised for significant growth, with a projected Compound Annual Growth Rate (CAGR) of 7.5%. By 2030, it is expected to reach a substantial value of US$258.9 billion, marking a notable increase from its 2023 value of US$156.1 billion. This market encompasses a broad spectrum of chocolate-based products, including bars, truffles, and pralines. Several factors are propelling this growth. Firstly, there is a rising global demand for sweets, coupled with evolving consumer preferences favoring indulgent treats. Major industry players are actively contribu
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