Technavio

Cocoa prices set to rise 4.5% a year until 2029, according to market forecasts

A fresh market study has forecast that the cocoa bean market is anticipated to rise by an annual rate of 4.5%, by an additional $3.58 billion by 2029, despite present global uncertainties, writes Neill Barston.

Business news, Cocoa & chocolate, Ingredients, Processing, Sustainability

Chocolate brands including Godiva drive personalised gifting market

Major chocolate brands including Godiva are adding to a continuing upturn in a global personalised Christmas gifting market worth $15 billion by 2028, as AI influences the sector, according to latest industry research, reports Neill Barston.

Business news, Cocoa & chocolate, Ingredients, New products, Regulatory

Premiumisation of chocolate market set to drive $45 billion growth by 2027

A continued trend for premiumisation in chocolate markets is set to fuel its continued growth by a further $45.78 billion by 2027, according to a new industry study, reports Neill Barston.

Business news, Cocoa & chocolate, Ingredients, Packaging, Regulatory, Sustainability

Global chocolate market projected to show $45 billion growth over five years

A sustained pattern of growth has been projected for the global chocolate market, which is expected to deliver a total of $45.78 billion increase in value between 2022 and 2027, with premium brands leading the pack for delivering its enhanced performance, reports Neill Barston.

Business news, Cocoa & chocolate, Ingredients, New products, Regulatory, Sustainability

Seasonal chocolate market set to deliver multi-billion growth

Demand for seasonal chocolate ranges is set to soar by a total of $9 billion over the next four years, according to latest studies from Technavio, writes Neill Barston.

Business news, Cocoa & chocolate, Processing