Premium Chocolate Market - Forecast(2021 - 2026)
Premium Chocolate Market Overview Premium Chocolate Market size is estimated to reach $48.2 billion by 2026, growing at a CAGR of 9.6% during the forecast period 2021-2026. Premium chocolates are high-quality chocolate variants that are produced from ultra-fine ingredients and are infused with a variety of exotic flavors, including peanut butter, caramel, mint, honey, tropical fruits , espresso, and others. Premium chocolates are increasingly being adopted across the world owing to the growing awareness about the benefits of premium chocolates and the rise in the branding of premium chocolates as gifts by the key players. The rise in the demand for dark chocolates made with cocoa powder, growing adoption of skimmed milk chocolate among the young population, increase in the popularity of gourmet chocolates prepared from ultra-fine cocoa beans, and growing investment by the key players to develop quality and healthier premium chocolates are the factors that are set to drive the growth ...