Chocolate in China: Enter the sweet chocolate market
Posted: Thu Jan 23, 2025 9:08 am
Over the years, Chinese tastes have evolved due to globalisation and increasing purchasing power. Chocolate was once considered something rare or for special occasions, but now it reigns supreme on store shelves. From luxury Belgian chocolate made by master chocolatiers to mass distribution of chocolate products, the Chinese chocolate market is one of the most promising for brands looking to export their activities abroad.
With nearly 1.4 billion Chinese people and a growing middle class, it is a italy phone number list opportunity for brands to win over and retain a wide audience. The Chinese chocolate market size is projected to grow from $3.83 billion in 2023 to $4.85 billion in 2028, at a CAGR of 4.81% over the forecast period (2023-2028). Therefore, the Chinese chocolate market is an attractive option for foreign manufacturers looking to introduce chocolate and cocoa products into China.
Overview of the Chinese chocolate market
As one of the most consumed and appreciated food products, chocolate is the most popular sweet dessert in the world, with a global industry expected to reach $160.9 billion by 2027.
Although China lags far behind the US and Switzerland in terms of chocolate consumption, it has witnessed increasing demand in recent years, making it a very promising industry in China, especially for foreign chocolate companies.
With nearly 1.4 billion Chinese people and a growing middle class, it is a italy phone number list opportunity for brands to win over and retain a wide audience. The Chinese chocolate market size is projected to grow from $3.83 billion in 2023 to $4.85 billion in 2028, at a CAGR of 4.81% over the forecast period (2023-2028). Therefore, the Chinese chocolate market is an attractive option for foreign manufacturers looking to introduce chocolate and cocoa products into China.
Overview of the Chinese chocolate market
As one of the most consumed and appreciated food products, chocolate is the most popular sweet dessert in the world, with a global industry expected to reach $160.9 billion by 2027.
Although China lags far behind the US and Switzerland in terms of chocolate consumption, it has witnessed increasing demand in recent years, making it a very promising industry in China, especially for foreign chocolate companies.