Rising Demand for Premium Cocoa Products Boosts Growth of the Drinking Chocolate Market
https://dataintelo.com/report/....global-drinking-choc
The global Drinking Chocolate Market is witnessing robust growth, fueled by rising consumer preference for indulgent beverages, increasing demand for premium cocoa-based products, and the expanding health-conscious demographic seeking antioxidant-rich alternatives. Traditionally associated with comfort and luxury, drinking chocolate is being redefined for modern palates through organic, vegan, and functional formulations.
In 2024, the market is estimated to be valued at USD 5.6 billion and is projected to reach USD 9.8 billion by 2032, expanding at a compound annual growth rate (CAGR) of 6.8%. Key trends such as clean-label ingredients, gourmet flavor infusions, and sustainable sourcing practices are reshaping the market landscape and appealing to a broader range of consumers globally.