IMARC Group has published a market research report titled “Europe Dark Chocolate Market Report by Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Non-Grocery Retailers, and Others), and Region 2023-2028“, offers a comprehensive analysis of the industry, which comprises insights on the Europe dark chocolate market trends. The market size reached US$ 26.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 31.8 Billion by 2028, exhibiting a growth rate (CAGR) of 2.8% during 2023-2028.
Dark chocolate contains a higher percentage of cocoa solids and cocoa butter compared to milk chocolate. It has a rich, bittersweet flavor due to the increased cocoa content and less added sugar. It has several potential health benefits, such as being a source of antioxidants, which reduces the risk of chronic diseases like heart disease and cancer. It contains compounds that can stimulate the production of endorphins in the brain, promoting feelings of pleasure and well-being. It also contains small amounts of caffeine, which can provide a mild energy boost and improve mood. As it improves cognitive function by increasing blood flow to the brain due to the presence of its flavonoids, the demand for dark chocolate is rising in Europe.
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Europe Dark Chocolate Market Trends and Drivers:
At present, the growing demand for artisanal dark chocolates with unique flavor profiles and higher cocoa content represents one of the key factors positively influencing the market in Europe. Additionally, the increasing adoption of plant-based diets among individuals is catalyzing the demand for dark chocolate products that are free from animal-derived ingredients. As a result, key players are introducing a wider range of vegan-friendly dark chocolate options to enhance their sales, which is supporting the growth of the market. In line with this, the rising health consciousness among people is increasing the adoption of dark chocolates as they improve heart health by increasing blood flow, reducing blood pressure, and improving cholesterol levels. Moreover, the escalating demand for dark chocolate in skin care products helps protect the skin from damage caused by UV radiation, reducing inflammation and improving circulation. This, coupled with the thriving personal care industry, is bolstering the market growth in the region. Apart from this, the growing utilization of dark chocolate in preparing savory dishes, such as chili, mole sauce, braised meats, and marinades, to add depth and complexity is offering a favorable market outlook.
Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Non-Grocery Retailers
- Others
Breakup by Country:
- Germany
- France
- United Kingdom
- Italy
- Spain
- Others
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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