Dark Chocolate Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Dark Chocolate Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Dark chocolate, also known as bittersweet or semisweet chocolate, is made from cocoa butter instead of fats such as palm and coconut oils. Dark chocolate carries a rich and intense flavour, and is an excellent source of flavonoids which contribute to its pigment. The greater amount of flavonoids contributes to darker chocolate and potentially greater health benefits. It contains a very high percentage of cocoa solids, generally more than 60% with little or no added sugar. Some of the products manufactured using dark chocolate include chocolate bars, candies and baking chocolate. The latest report by IMARC Group titled, “Dark Chocolate Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, finds that the global dark chocolate market reached a value of US$ 52.4 Billion in 2020.

Eating dark chocolate protects the brain from age-related stress and inflammation which play an important role in the neurodegenerative disorders such as Alzheimer’s disease. Moreover, it also helps in boosting blood circulation to the brain, which can improve the ability to focus; improving memory, and controlling the anxiety levels. Owing to these factors, the global dark chocolate market is expected to exhibit moderate growth during the next five years.

The report has analysed the global dark chocolate market on the basis of distribution channels, covering super- and hyper-markets, convenience stores, non-grocery retailers and others. The report has further segmented the market on the basis of region, covering Western Europe, North America, Eastern Europe, Asia, Latin America, Middle East and Africa and Australasia. Currently, Western Europe represents the largest region for dark chocolate, accounting for the majority of the market share.

This report provides a deep insight into the global dark chocolate industry covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. The report also provides a comprehensive analysis for setting up a dark chocolate manufacturing plant. The study analyses the processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, consultants, and all those who have any kind of stake or are planning to foray into the dark chocolate industry in any manner.

Key Questions Answered in This Report:

How has the global dark chocolate market performed so far and how will it perform in the coming years?
What are the key regions in the global dark chocolate market?
What has been the impact of COVID-19 on the global dark chocolate market?
What are the major distribution channels in the global dark chocolate market?
What are the price trends of dark chocolate?
What are the various stages in the value chain of the global dark chocolate industry?
What are the key driving factors and challenges in the global dark chocolate industry?
What is the structure of the global dark chocolate industry and who are the key players?
What is the degree of competition in the global dark chocolate industry?
What are the profit margins in the global dark chocolate industry?
What are the key requirements for setting up a dark chocolate manufacturing plant?
How is dark chocolate manufactured?
What are the various unit operations involved in a dark chocolate manufacturing plant?
What is the total size of land required for setting up a dark chocolate manufacturing plant?
What are the machinery requirements for setting up a dark chocolate manufacturing plant?
What are the raw material requirements for setting up a dark chocolate manufacturing plant?
What are the packaging requirements for dark chocolate?
What are the transportation requirements for dark chocolate?
What are the utility requirements for setting up a dark chocolate manufacturing plant?
What are the manpower requirements for setting up a dark chocolate manufacturing plant?
What are the infrastructure costs for setting up a dark chocolate manufacturing plant?
What are the capital costs for setting up a dark chocolate manufacturing plant?
What are the operating costs for setting up a dark chocolate manufacturing plant?
What will be the income and expenditures for a dark chocolate manufacturing plant?
What is the time required to break-even?


1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Chocolate Industry
5.1 Market Overview
5.2 Market Performance
5.2.1 Volume Trends
5.2.2 Value Trends
5.3 Market Breakup by Region
5.4 Market Breakup by Product
5.5 Market Breakup by Packaging
5.6 Market Breakup by End-Use
5.7 Market Share of Key Players
5.8 Market Forecast
6 Global Dark Chocolate Industry
6.1 Market Overview
6.2 Market Performance
6.2.1 Volume Trends
6.2.2 Value Trends
6.3 Impact of COVID-19
6.4 Price Analysis
6.4.1 Key Price Indicators
6.4.2 Price Structure
6.4.3 Price Trends
6.5 Market by Region
6.6 Market by Distribution Channel
6.7 Market Forecast
6.8 SWOT Analysis
6.8.1 Overview
6.8.2 Strengths
6.8.3 Weaknesses
6.8.4 Opportunities
6.8.5 Threats
6.9 Value Chain Analysis
6.9.1 Overview
6.9.2 Cocoa Growers
6.9.3 Cocoa Grinders
6.9.4 Coverture/Industrial Chocolate Manufacturers
6.9.5 End Use Industries
6.9.6 Chocolate Manufacturers
6.9.7 Distributors
6.9.8 Exporters
6.9.9 Retailers
6.10 Porters Five Forces Analysis
6.10.1 Overview
6.10.2 Bargaining Power of Buyers
6.10.3 Bargaining Power of Suppliers
6.10.4 Degree of Rivalry
6.10.5 Threat of New Entrants
6.10.6 Threat of Substitutes
6.11 Key Success and Risk Factors
7 Performance of Key Regions
7.1 Western Europe
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 North America
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Eastern Europe
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Asia
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Latin America
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Middle East and Africa
7.6.1 Market Trends
7.6.2 Market Forecast
7.7 Australasia
7.7.1 Market Trends
7.7.2 Market Forecast
8 Performance by Distribution Channel
8.1 Supermarkets and Hypermarkets
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Convenience Stores
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Non-Grocery Retailers
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Others
8.4.1 Market Trends
8.4.2 Market Forecast
9 Competitive Landscape
10 Dark Chocolate Manufacturing Process
10.1 Product Overview
10.2 Detailed Process Flow
10.3 Various Types of Unit Operations Involved
10.4 Mass Balance and Raw Material Requirements
11 Project Details, Requirements and Costs Involved
11.1 Land, Location and Site Development
11.2 Construction Requirements and Expenditures
11.3 Plant Machinery
11.4 Machinery Pictures
11.5 Raw Materials Requirements and Expenditures
11.6 Raw Material and Final Product Pictures
11.7 Packaging Requirements and Expenditures
11.8 Transportation Requirements and Expenditures
11.9 Utilities Requirements and Expenditures
11.10 Manpower Requirements and Expenditures
11.11 Other Capital Investments
12 Dark Chocolate Manufacturing Plant: Loans and Financial Assistance
13 Dark Chocolate Manufacturing Plant: Project Economics
13.1 Capital Cost of the Project
13.2 Techno-Economic Parameters
13.3 Product Pricing and Margins Across Various Levels of the Supply Chain
13.4 Taxation and Depreciation
13.5 Income Projections
13.6 Expenditure Projections
13.7 Financial Analysis
13.8 Profit Analysis
14 Key Player Profiles
List of Figures
Figure 1: Global: Dark Chocolate Market: Major Drivers and Challenges
Figure 2: Global: Chocolate Market: Sales Volume (in '000 Tons), 2015-2020
Figure 3: Global: Chocolate Market: Sales Value (in Billion US$), 2015-2020
Figure 4: Global: Chocolate Market: Breakup by Region (in %), 2020
Figure 5: Global: Chocolate Market: Breakup by Product (in %), 2020
Figure 6: Global: Chocolate Market: Breakup by Packaging (in %), 2020
Figure 7: Global: Chocolate Market: Breakup by End-Use (in %), 2020
Figure 8: Global: Chocolate Market: Share of Key Players (in %), 2020
Figure 9: Global: Chocolate Market Forecast: Sales Volume (in '000 Tons), 2021-2026
Figure 10: Global: Chocolate Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 11: Global: Dark Chocolate Market: Sales Volume (in '000 Tons), 2015-2020
Figure 12: Global: Dark Chocolate Market: Sales Value (in Million US$), 2015-2020
Figure 13: Dark Chocolate Market: Price Structure (US$/Ton)
Figure 14: Global: Dark Chocolate Market: Average Prices (in US$/Ton), 2015-2020
Figure 15: Global: Dark Chocolate Market Forecast: Average Prices (in US$/Ton), 2021-2026
Figure 16: Global: Dark Chocolate Market: Breakup by Region (in %), 2020
Figure 17: Global: Dark Chocolate Market: Breakup by Distribution Channel (in %), 2020
Figure 18: Global: Dark Chocolate Market Forecast: Sales Volume (in '000 Tons), 2021-2026
Figure 19: Global: Dark Chocolate Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Global: Dark Chocolate Industry: SWOT Analysis
Figure 21: Global: Dark Chocolate Industry: Value Chain Analysis
Figure 22: Global: Dark Chocolate Industry: Porter’s Five Forces Analysis
Figure 23: Global: Dark Chocolate Market Forecast: Breakup by Region (in %), 2026
Figure 24: Western Europe: Dark Chocolate Market: Sales Volume (in '000 Tons), 2015 & 2020
Figure 25: Western Europe: Dark Chocolate Market Forecast: Sales Volume (in '000 Tons), 2021-2026
Figure 26: North America: Dark Chocolate Market: Sales Volume (in '000 Tons), 2015 & 2020
Figure 27: North America: Dark Chocolate Market Forecast: Sales Volume (in '000 Tons), 2021-2026
Figure 28: Eastern Europe: Dark Chocolate Market: Sales Volume (in '000 Tons), 2015 & 2020
Figure 29: Eastern Europe: Dark Chocolate Market Forecast: Sales Volume (in '000 Tons), 2021-2026
Figure 30: Asia: Dark Chocolate Market: Sales Volume (in '000 Tons), 2015 & 2020
Figure 31: Asia: Dark Chocolate Market Forecast: Sales Volume (in '000 Tons), 2021-2026
Figure 32: Latin America: Dark Chocolate Market: Sales Volume (in '000 Tons), 2015 & 2020
Figure 33: Latin America: Dark Chocolate Market Forecast: Sales Volume (in '000 Tons), 2021-2026
Figure 34: Middle East and Africa: Dark Chocolate Market: Sales Volume (in '000 Tons), 2015 & 2020
Figure 35: Middle East and Africa: Dark Chocolate Market Forecast: Sales Volume (in '000 Tons), 2021-2026
Figure 36: Australasia: Dark Chocolate Market: Sales Volume (in '000 Tons), 2015 & 2020
Figure 37: Australasia: Dark Chocolate Market Forecast: Sales Volume (in '000 Tons), 2021-2026
Figure 38: Global: Dark Chocolate Market: Sales through Supermarkets and Hypermarkets (in '000 Tons), 2015 & 2020
Figure 39: Global: Dark Chocolate Market Forecast: Sales through Supermarkets and Hypermarkets (in '000 Tons), 2021-2026
Figure 40: Global: Dark Chocolate Market: Sales through Convenience Stores (in '000 Tons), 2015 & 2020
Figure 41: Global: Dark Chocolate Market Forecast: Sales through Convenience Stores (in '000 Tons), 2021-2026
Figure 42: Global: Dark Chocolate Market: Sales through Non-Grocery Retailers (in '000 Tons), 2015 & 2020
Figure 43: Global: Dark Chocolate Market Forecast: Sales through Non-Grocery Retailers (in '000 Tons), 2021-2026
Figure 44: Global: Dark Chocolate Market: Sales through Other Distribution Channels (in '000 Tons), 2015 & 2020
Figure 45: Global: Dark Chocolate Market Forecast: Sales through Other Distribution Channels (in '000 Tons), 2021-2026
Figure 46: Dark Chocolate Manufacturing: Detailed Process Flow
Figure 47: Dark Chocolate Manufacturing: Conversion Rate of Feedstocks
Figure 48: Dark Chocolate Manufacturing: Breakup of Capital Costs (in %)
Figure 49: Dark Chocolate Production: Manufacturing Cost Breakup (in %)
Figure 50: Dark Chocolate Manufacturing Plant: Margins Across Various Stages of the Supply Chain
List of Tables
Table 1: Global: Chocolate Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Dark Chocolate Market: Key Industry Highlights, 2020 and 2026
Table 3: Global: Dark Chocolate Market Forecast: Breakup by Region (in '000 Tons), 2021-2026
Table 4: Global: Dark Chocolate Market Forecast: Breakup by Distribution Channel (in '000 Tons), 2021-2026
Table 5: Global: Dark Chocolate Market: Competitive Structure
Table 6: Dark Chocolate Manufacturing Plant: Raw Material Requirements (in Tons/Day)
Table 7: Dark Chocolate Manufacturing Plant: Costs Related to Land and Site Development (in US$)
Table 8: Dark Chocolate Manufacturing Plant: Costs Related to Civil Works (in US$)
Table 9: Dark Chocolate Manufacturing Plant: Machinery Costs (in US$)
Table 10: Dark Chocolate Manufacturing Plant: Raw Material Requirements (in Tons/Day) and Expenditures (US$/Ton)
Table 11: Dark Chocolate Manufacturing Plant: Costs Related to Utilities (in US$)
Table 12: Dark Chocolate Manufacturing Plant: Costs Related to Salaries and Wages (in US$)
Table 13: Dark Chocolate Manufacturing Plant: Costs Related to Other Capital Investments (in US$)
Table 14: Dark Chocolate Manufacturing Plant: Capital Costs (in US$)
Table 15: Dark Chocolate Manufacturing Plant: Techno-Economic Parameters
Table 16: Dark Chocolate Manufacturing Plant: Taxation (in US$)
Table 17: Dark Chocolate Manufacturing Plant: Depreciation (in US$)
Table 18: Dark Chocolate Manufacturing Plant: Income Projections (in US$)
Table 19: Dark Chocolate Manufacturing Plant: Expenditure Projections (in US$)
Table 20: Dark Chocolate Manufacturing Plant: Cash Flow Analysis Without Considering the Income Tax Liability (in US$)
Table 21: Dark Chocolate Manufacturing Plant: Cash Flow Analysis on Considering the Income Tax Liability (in US$)
Table 22: Dark Chocolate Manufacturing Plant: Profit and Loss Account (in US$)

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