No sugar chocolate is mainly prepared from mixed cocoa butter, cocoa powder, and sugar to prepare a solid confectionery product. There are several varieties of chocolate classified in accordance with the amount of cocoa that is used to prepare a particular formulation.
Due to the COVID-19 pandemic, the global No Sugar Chocolate market size is estimated to be worth US$ million in 2021 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe No Sugar Chocolate market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe No Sugar Chocolate landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
Dark Chocolate accounting for % of the No Sugar Chocolate global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While B2B (Direct Sales) segment is altered to an % CAGR throughout this forecast period and will hold a share about % in 2028.
The global major manufacturers of No Sugar Chocolate include The Kroger Co., Godiva Chocolatier, August Storck KG, Ghirardelli Chocolate, Lindt & Sprungli, Carbolite Foods, Inc., M&M's, Nestl?(C) SA and Mars, Incorporated, etc. In terms of revenue, the global 3 largest players have a % market share of No Sugar Chocolate in 2021.
This report focuses on No Sugar Chocolate volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall No Sugar Chocolate market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, etc.
Global No Sugar Chocolate Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Dark Chocolate
White Chocolate
Milk Chocolate
Segment by Application
B2B (Direct Sales)
B2C (Indirect Sales)
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
The Kroger Co.
Godiva Chocolatier
August Storck KG
Ghirardelli Chocolate
Lindt & Sprungli
Carbolite Foods, Inc.
M&M's
Nestl?(C) SA
Mars, Incorporated
Mondelez International
Russell Stover
Ferrero SpA
The Hershey Company