Chocolate and Gourmet Dates Market, By Product Type (Chocolates, Gourmet Dates), By Packaging Type (Gift Packaging, Standard Packaging), By Distribution Channel (Hypermarkets and Supermarkets, Convenience Stores, Specialty Stores, Online Stores, Others), By Region (North America, Latin America, Europe, Middle East, Africa, Asia Pacific)

Published In : Mar 2023

Code : CMI2566

Pages :242

Formats :

Excel and PDF

Industry : Food and Beverages

Chocolate And Gourmet Dates MarketSize and Trends

The global chocolate and gourmet dates market is expected to be valued at US$ 195.56 billion by 2030 and is expected to register a CAGR of 5.1% in terms of revenue over the forecast period (2023 – 2030). Factors such as the manufacturing of various limited-edition chocolates and stuffed gourmet dates are fueling the growth of the chocolate and gourmet dates market. Increased spending on tourism is resulting in high demand for chocolates and gourmet dates as gifts as chocolates and sweets in general are considered as good options for return gifts and souveniers. Chocolate and gourmet dates are used in confectionery products such as cookies, bread, candies, and others.

Market- Trends

Among packaging type, the standard packaging segment is expected to gain a significant market share during the forecast period, owing to its lower price as compared to gift packaging. Moreover, gourmet dates and chocolates are considered gift products due to their classification as premium food items and therefore, the gift packaging segment’s demand is expected to increase during festivals and occasions such as Thanksgiving, Easter, weddings, birthdays, Valentine’s Day, and others.