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United States Chocolate Market Size, Share, Growth, Analysis: By Type: Dark Chocolate, Milk Chocolate, White Chocolate; By Product Type: Pure Chocolate, Compound Chocolate; By Distribution Channel: Supermarkets and Hypermarkets, Convenience Stores, Online Stores, Others; Regional Analysis; Competitive Landscape; 2024-2032
United States Chocolate Market Outlook
The United States chocolate market size reached USD 28.68 billion in 2023. The market is expected to grow at a CAGR of 4.3% between 2024 and 2032, reaching almost USD 41.94 billion by 2032.
Key Takeaways:
- The typical American consumes approximately 9.5 pounds of chocolate each year. Dark chocolate boasts around 26.3 milligrams of potent antioxidants per 100 grams.
- In 2020, private label chocolate accounted for a significant portion of chocolate sales in the U.S., with over half—53%—of all chocolate sales falling under the private label category. This trend underscores the growing popularity of private label chocolate products in the American market.
Chocolate consumption has become deeply embedded in American culture, particularly during major holidays like Easter, Christmas, and Valentine’s Day. During these festive seasons, there is a wide range of chocolate options available in convenient package sizes of 200 calories or less. When purchasing chocolates, American consumers prioritise flavour and taste, prompting the chocolate industry to offer diverse products with different pack sizes and ingredient proportions to promote healthier chocolate consumption driving the United States chocolate market.
Dark chocolates are globally perceived as a healthier option due to their rich iron, flavonoids, and antioxidants. In the U.S., consumers primarily buy chocolate from supermarkets and dollar stores, with preferences leaning towards chocolate bars, blocks, and unwrapped or wrapped pieces, especially during holiday releases. Convenience plays a significant role in the U.S. chocolate market, with one in four consumers prioritizing it.
Milk chocolate is the preferred choice among U.S. consumers due to its sweetness and affordability. Despite global trends towards healthier options, the American market remains relatively unchanged by sugar concerns, with a majority still seeking indulgence from traditional chocolate products.
The pandemic reinforced consumers' reliance on chocolates for stress relief and mood enhancement, driving stable demand even during uncertain times. The market is witnessing a shift towards premium and specialty chocolates, driven by the growing emphasis on bean-to-bar and single-origin cocoa products.
As consumers increasingly seek organic and natural products, the demand for organic chocolate bars is on the rise. Organic chocolates are rich in flavonoids and low in caffeine, promoting healthy blood flow and reducing the risk of cardiovascular issues. This trend presents lucrative opportunities for chocolate manufacturers to tap into new markets and enhance revenue streams and aid in the United States chocolate market development.
Market Segmentation
United States Chocolate Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
- Dark Chocolate
- Milk Chocolate
- White Chocolate
Market Breakup by Product Type
- Pure Chocolate
- Compound Chocolate
Market Breakup by Distribution Channel
- Supermarkets and Hypermarkets
- Convenience Stores
- Online Stores
- Others
Market Breakup by Region
- New England
- Mideast
- Great Lakes
- Plains
- Southeast
- Southwest
- Rocky Mountain
- Far West
Competitive Landscape
Key players in the chocolate market in United States manufacture and offer products utilising different grades of raw materials to support the end users in the market.
- Mars, Incorporated
- Mondelez International, Inc.
- Ferrero International
- Nestlé S.A.
- The Hershey Company
- Barry Callebaut AG
- Grupo Arcor
- Chocoladefabriken Lindt & Sprüngli AG
- August Storck KG
- Meiji Holdings Co., Ltd.
- Blommer Chocolate Company
- Others
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Product Type |
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| Breakup by Distribution Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 North America Chocolate Market Overview
8.1 Key Industry Highlights
8.2 North America Chocolate Historical Market (2018-2023)
8.3 North America Chocolate Market Forecast (2024-2032)
8.4 North America Chocolate Market Share by Country
8.4.1 United States
8.4.2 Canada
9 United States Chocolate Market Overview
9.1 Key Industry Highlights
9.2 United States Chocolate Historical Market (2018-2023)
9.3 United States Chocolate Market Forecast (2024-2032)
10 United States Chocolate Market by Type
10.1 Dark Chocolate
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Milk Chocolate
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 White Chocolate
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
11 United States Chocolate Market by Product Type
11.1 Pure Chocolate
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Compound Chocolate
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
12 United States Chocolate Market by Distribution Channel
12.1 Supermarkets and Hypermarkets
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Convenience Stores
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Online Stores
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 United States Chocolate Market by Region
13.1 New England
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Mideast
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Great Lakes
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Plains
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Southeast
13.5.1 Historical Trend (2018-2023)
13.5.2 Forecast Trend (2024-2032)
13.6 Southwest
13.6.1 Historical Trend (2018-2023)
13.6.2 Forecast Trend (2024-2032)
13.7 Rocky Mountain
13.7.1 Historical Trend (2018-2023)
13.7.2 Forecast Trend (2024-2032)
13.8 Far West
13.8.1 Historical Trend (2018-2023)
13.8.2 Forecast Trend (2024-2032)
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Trade Data Analysis (HS Code – 1806)
16.1 Major Exporting Countries
16.1.1 By Value
16.1.2 By Volume
16.2 Major Importing Countries
16.2.1 By Value
16.2.2 By Volume
17 Price Analysis
18 Competitive Landscape
18.1 Market Structure
18.2 Company Profiles
18.2.1 Mars, Incorporated
18.2.1.1 Company Overview
18.2.1.2 Product Portfolio
18.2.1.3 Demographic Reach and Achievements
18.2.1.4 Certifications
18.2.2 Mondelēz International, Inc.
18.2.2.1 Company Overview
18.2.2.2 Product Portfolio
18.2.2.3 Demographic Reach and Achievements
18.2.2.4 Certifications
18.2.3 Ferrero International
18.2.3.1 Company Overview
18.2.3.2 Product Portfolio
18.2.3.3 Demographic Reach and Achievements
18.2.3.4 Certifications
18.2.4 Nestlé S.A.
18.2.4.1 Company Overview
18.2.4.2 Product Portfolio
18.2.4.3 Demographic Reach and Achievements
18.2.4.4 Certifications
18.2.5 The Hershey Company
18.2.5.1 Company Overview
18.2.5.2 Product Portfolio
18.2.5.3 Demographic Reach and Achievements
18.2.5.4 Certifications
18.2.6 Barry Callebaut AG
18.2.6.1 Company Overview
18.2.6.2 Product Portfolio
18.2.6.3 Demographic Reach and Achievements
18.2.6.4 Certifications
18.2.7 Grupo Arcor
18.2.7.1 Company Overview
18.2.7.2 Product Portfolio
18.2.7.3 Demographic Reach and Achievements
18.2.7.4 Certifications
18.2.8 Chocoladefabriken Lindt & Sprüngli AG
18.2.8.1 Company Overview
18.2.8.2 Product Portfolio
18.2.8.3 Demographic Reach and Achievements
18.2.8.4 Certifications
18.2.9 August Storck KG
18.2.9.1 Company Overview
18.2.9.2 Product Portfolio
18.2.9.3 Demographic Reach and Achievements
18.2.9.4 Certifications
18.2.10 Meiji Holdings Co., Ltd.
18.2.10.1 Company Overview
18.2.10.2 Product Portfolio
18.2.10.3 Demographic Reach and Achievements
18.2.10.4 Certifications
18.2.11 Blommer Chocolate Company
18.2.11.1 Company Overview
18.2.11.2 Product Portfolio
18.2.11.3 Demographic Reach and Achievements
18.2.11.4 Certifications
18.2.12 Others
19 Key Trends and Developments in the Market
List of Key Figures and Tables
1. North America Chocolate Market: Key Industry Highlights, 2018 and 2032
2. United States Chocolate Market: Key Industry Highlights, 2018 and 2032
3. United States Chocolate Historical Market: Breakup by Type (USD Billion), 2018-2023
4. United States Chocolate Market Forecast: Breakup by Type (USD Billion), 2024-2032
5. United States Chocolate Historical Market: Breakup by Product Type (USD Billion), 2018-2023
6. United States Chocolate Market Forecast: Breakup by Product Type (USD Billion), 2024-2032
7. United States Chocolate Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
8. United States Chocolate Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
9. United States Chocolate Historical Market: Breakup by Region (USD Billion), 2018-2023
10. United States Chocolate Market Forecast: Breakup by Region (USD Billion), 2024-2032
11. Major Exporting Countries by Value
12. Major Importing Countries by Value
13. Major Exporting Countries by Volume
14. Major Importing Countries by Volume
15. United States Chocolate Market Structure
Key Questions Answered in the Report
The market is estimated to be valued at USD 28.68 billion in 2023.
The market is projected to grow at a CAGR of 4.3% between 2024 and 2032
The chocolate market is expected to witness significant growth to reach USD 41.94 billion in 2032.
The market is categorised according to its type, which includes dark chocolate, milk chocolate, and white chocolate.
The key market players are Transnet SOC Ltd., Bolloré Chocolate, FedEx Corporation, United Parcel Service, Inc., Schenker AG, C.H. Robinson Worldwide Inc., Deutsche Post AG, DSV A/S, CMA CGM Group (CEVA Chocolate SA), Kuehne + Nagel International AG, Expeditors International of Washington, Inc., Kintetsu World Express Inc., A.P. Møller – Mærsk A/S, and others.
The market is driven by factors that include consumer preferences for organic chocolates, growing demand for chocolate in various products, and increased adoption of high quality and premium chocolate products.
The market is categorised according to its product type, which includes pure chocolate, and compound chocolate.
The United States of America is the largest producer of chocolates in the world.
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