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Chocolate News - what's new in the world of chocolate
Our chocolate guru, Pam Williams, featured on Good Morning America.
Chocolate news that would be of interest to chocolate aficionados and industry professionals as well as the latest articles focused on chocolate and health.
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"If you look at the remarkable growth trajectory of chocolate and candy over the last two years - it is absolutely quite a story. No one in my opionion in the modern history of the [chocolate] business has seen growth like this." John Downs, NCA President and CEO.
According to Future Market Insights, the global premium chocolate market is set to witness growth at a CAGR of 8.8% over the forecast period (2022-2032) and top a valuation of USD 67.8 Bn by 2032. The premium chocolate market is experiencing significant growth due to rising consumer demand for high-quality and indulgent confectionery products. With its superior taste, exquisite craftsmanship, and use of fine ingredients, the premium chocolate market offers a luxurious sensory experience. Key players are focusing on innovative flavors, unique packaging, and sustainable sourcing to cater to discerning consumers seeking premium indulgence. The premium chocolate market is influenced by organic ingredients in terms of trends, such as clean labelling, which has a significant effect on market growth. Due to the numerous health advantages of quality chocolate, there is a huge demand for it.
The United States Chocolate Market size is expected to grow from USD 22.24 billion in 2023 to USD 25.66 billion by 2028, at a CAGR of 2.91% during the forecast period (2023-2028) according to Mordor Intelligence. "Chocolate consumption in the region is supported by the high demand, purchasing power, and consumption pattern of the consumers. In the United States, chocolate eaters normally buy chocolate twice a week, and its sale increases on holidays and weekends, as consumers are more likely to treat themselves and others with chocolate. The United States holds the largest market share in North America in terms of chocolate consumption and production volumes".
The Europe Chocolate Market size is projected to increase by USD 17,691.38 million and the market size is estimated to grow at a CAGR of 4.95% between 2022 and 2027 according to Technvoio. "The rising trend of product premiumization in the chocolate market is expected to have a positive impact on the market in the coming years. There is a growing trend of product premiumization in Europe which is also influencing the chocolate segment as well. Some of the main buyers of the premium segment include consumers who are conscious of the brand and quality".
SkyQuest projects that the Asia Pacific cocoa and chocolate market will attain a value of USD 10.03 billion by 2030, with a CAGR of 6.03% over the forecast period (2023-2030). The industry manufacturers are employing a growing emphasis on producing high-quality cocoa beans using sustainable methods. This focus on sustainability is driving the demand for premium cocoa and chocolate products in the Asia Pacific cocoa and chocolate market. Furthermore, in response to consumer preferences, companies operating in the market actively manufacture and offer high-end products, including single-origin chocolates.
IMARC Group expects the India chocolate market to reach US$ 4.1 Billion by 2028, exhibiting a growth rate (CAGR) of 8.8% during 2023-2028. "The increasing consumer preference for premium chocolates majorly drives the market in India. This can be supported by the rising affluence of the middle-class population and their growing exposure to international tastes and trends. Along with this, gifting chocolates on festive occasions, such as Diwali and Raksha Bandhan, has become a cultural norm, thus enhancing the sales of chocolate in the country. Additionally, India is witnessing a significant shift in consumption patterns, with health-conscious consumers seeking out dark chocolates due to their perceived health benefits".
The Middle East and Africa premium chocolate market is expected to grow significantly in the forecast period of 2023 to 2030. Data Bridge Market Research analyses that the market is growing with a CAGR of 4.0% in the forecast period of 2023 to 2030 and is expected to reach USD 1,652,879.56 thousand by 2030. The major factor driving the growth of the Middle East and Africa Premium chocolate market is the rise in demand for highly luxurious chocolates.
What our Graduates have to say:
lovesomechocolates @ecolechocolat I started as a novice "rookie" chocolatier in my home 3.5 short years ago. Mostly self taught. Lots (and lots) of trial and error. I had a lot of the basics down when I took your Professional Chocolatier Course, but lacked in technique. Thanks to you I continue to polish my craft. There's quite a bit I still need to perfect. But I am light years ahead of where I was even a year ago. I'm proud to say I'm an @ecolechocolat graduate. And I'm hopeful to continue pursuing future coursework and being a lifelong learner. My dream is to blossom from a craft chocolatier in lil 'ol Long Beach California into a Master Chocolatier who's traveled the globe and experienced all that the world has to offer in chocolate. This is my joy and passion! Thank you for helping me perfect my skills and inspiring my dream!
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Chocolate & Health
For an excellent overview about chocolate and health, watch our Chocolate Masters Hangout video
We always have a number of students interested in working with chocolate and making chocolate products that meet their dietary choices, such as organic, fair trade, sustainable and functional (i.e., low or no sugar, keto, ingredient-enhanced, raw, no GMO, gluten-free, vegan, etc.). This mirrors the global demand for specialized chocolate products that has grown steadily over the past 15 years. Those students take the recipes and formulations our programs in any direction they want or need to go. LEARN MORE...
Chocolate & Health News
These Dark Chocolate Bars Are so Satisfying, You’ll Forget They’re Fairly Healthy. Full Story
High Intake of Chocolate in Morning Helps Reduce Blood Sugar and Weight: Study
These Cacao Health Benefits Are Sure to Blow Your Mind - Cacao is one heck of a magical food. Not only is it used to make chocolate, but it's packed with antioxidants, minerals, and even some fiber to boot. (And again, it makes chocolate.) Full Story
One Surprising Effect of Eating Chocolate, New Study Says. Now, new research suggests it may help you burn more calories while sitting on the couch. Full Story
Does cocoa make you smarter: the cognitive benefits of flavanols revealed. Full Story
Consuming dark chocolate may be linked to a lower risk of depression. Full Story
Italian researchers studying chocolate and memory have found that chocolate consumption may help to improve memory and other measures of cognitive performance. Full Story
Researchers at Penn State have found that roasting cocoa beans may help to preserve nutrients and even boost the effects of some antioxidants. Full Story
Danish scientists may have found a reason for the link between reduced heart disease and cocoa consumption. Their research suggests that chocolate consumption may lower risk for atrial fibrillation or irregular heart beat that can lead to stroke, heart failure and other health issues. Full Story
Antioxidant properties of the phytochemicals found in chocolate may reduce risk of some types of cancer. Full Story
Results of a small study suggest that cocoa consumption could help to reduce risk of heart disease in post menopausal women. Full Story
Scientists starting a four year study to look at the impact of cocoa extract taken as a pill on health outcomes including heart attack and stroke. Full Story
Higher cocoa content does not necessarily mean that a chocolate bar is healthier for you. Researchers find that cocoa percentage may not be linked to flavanol content. Full Story
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