The chocolate industry, valued at $123bn, is expected to reach $184bn by 2033, with a 4.8% CAGR, according to market analysts Grand View Research.
Minimally-processed chocolate, also known as raw chocolate, is gaining traction in the premium confectionery space, worth $31bn, with its bold flavors and rustic textures.
This trend is characterized by the use of minimal processing and few ingredients, bringing transparency to the industry.
Chocolate is a $123bn industry, with a 4.8% CAGR taking the global market value to $184bn by 2033.
Author's summary: Raw chocolate is a growing trend in the premium confectionery space.