The vegan chocolate confectionery market in Germany is expected to reach a projected revenue of US$ 66.4 million by 2028. A compound annual growth rate of 14.2% is expected of Germany vegan chocolate confectionery market from 2022 to 2028.
Chocoladefabriken Lindt & Spruengli AG, Mondelez International Inc Class A, Alter Eco, Equal Exchange, Goodio.fi, Montezuma's Chocolates, Evolved Foods
Other key industry trends
In terms of revenue, Germany accounted for 4.9% of the global vegan chocolate confectionery market in 2021.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
In Europe, UK vegan chocolate confectionery market is projected to lead the regional market in terms of revenue in 2028.
Switzerland is the fastest growing regional market in Europe and is projected to reach USD 26.1 million by 2028.
The trend of veganism is significantly rising among consumers in Germany. According to a study conducted in seven European countries by Veganz Group, a Berlin-based producer and supermarket chain, the vegan population in the country increased from 1.3 million in 2016 to 2.6 million in 2020. These consumer trends are anticipated to boost the demand for vegan chocolate confectionery in the country over the forecast period.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Vegan Chocolate Confectionery Market will help companies and investors design strategic landscapes.
Molded Bars was the largest segment with a revenue share of 43.13% in 2021.
Horizon Databook has segmented the Germany vegan chocolate confectionery market based on molded bars, boxed, chips & bites, truffles & cups covering the revenue growth of each sub-segment from 2016 to 2028.
The trend of veganism is significantly rising among consumers in Germany. According to a study conducted in seven European countries by Veganz Group, a Berlin-based producer and supermarket chain, the vegan population in the country increased from 1.3 million in 2016 to 2.6 million in 2020. These consumer trends are anticipated to boost the demand for vegan chocolate confectionery in the country over the forecast period.
Germany Vegan Chocolate Confectionery Market Type Outlook (Revenue, USD Million , 2016-2028)
Molded Bars
Boxed
Chips & Bites
Truffles & Cups
Germany Vegan Chocolate Confectionery Market Product Outlook (Revenue, USD Million , 2016-2028)
Milk
Dark
White
Germany Vegan Chocolate Confectionery Market Distribution Channel Outlook (Revenue, USD Million , 2016-2028)
Offline
Online
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany vegan chocolate confectionery market, including forecasts for subscribers. This country databook contains high-level insights into Germany vegan chocolate confectionery market from 2016 to 2028, including revenue numbers, major trends, and company profiles.