The demand for organic chocolate has grown favourably around the world due to its relatively inelastic demand. Reports that gauge the food, beverages & nutrition industry have been made available by Market Research Future which creates reports on several industry verticals that review the market growth and prospects. The market is forecasted to attain a CAGR of over 2.5% in the approaching period.
The increasing focus on reducing the uses of artificial chemical preservatives is motivating the organic chocolate market. Moreover, the upsurge in health consciousness and clean label products is expected to bolster the growth of the organic chocolate market in the coming years. Moreover, the positive shift in consumer demand towards organic chocolate is expected to create new opportunities for growth in the impending years.
The significant contenders outlined in the Organic Chocolate Market Analysis globally are Artisan Confections Company (U.S.), Taza Chocolate (U.S.), Alter Eco (France), Hocolat Bernrain AG/ Chocolat Stella SA (Switzerland), Newman’s Own (U.S.), Green & Black’s (U.K.), Kicking Horse Chocolate Co. Ltd. (Canada), Endangered Species Chocolate, LLC. (U.S.), Luigi Lavazza S.p.A. (Italy), and Lake Champlain Chocolates (U.S.) are among others.