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Real and Compound Chocolate Market to Grow at a CAGR of 6.34% over 2025 to 2032; Increasing Shoppers’ Preference for Indulgent Confectionery Products to Fuel Market Growth

June 17, 2025 | Food & Beverages

The global real and compound chocolate market size was valued at USD 36.60 billion in 2024. The market is expected to rise from USD 38.57 billion in 2025 to USD 59.29 billion by 2032, exhibiting a CAGR of 6.34% during the forecast period. Fortune Business Insights™ presents this information in its report titled “Real and Compound Chocolate Market Size, Share & Industry Analysis, By Category (Real Chocolate and Compound Chocolate), By Type (Milk Chocolate, Dark Chocolate, and White Chocolate), By Form (Chips, Slabs, Coatings, and Others), By Application (Confectionery, Bakery, Dairy and Frozen Desserts, Beverages, and Others), and Regional Forecast, 2025 - 2032”.


Real chocolate uses cocoa butter and cocoa mass, while compound chocolate substitutes these with vegetable oils. Real and compound chocolates are made by roasting nutrient-rich seeds, enhancing flavor and technical properties such as heat and bloom resistance, ideal for diverse climates and applications. Rising disposable incomes, especially in developing countries, are driving global demand for premium, indulgent chocolate products, fueling market growth.


Barry Callebaut Planned to Develop a Profitable Cocoa Farming Model for the Industry


In April 2024, Barry Callebaut established FFI to lead efforts in creating a fully scalable and sustainable cocoa farming model. The initiative integrates technology development and farmer collaboration to modernize cultivation practices, supporting the company’s long-term vision for responsible cocoa sourcing and industry-wide impact.


Increased Consumption of Premium and Innovative Confectioneries to Drive Market Growth


Despite market maturity, global demand for premium chocolate remains steady, driven by consumer interest in rich cocoa content and gourmet experiences. In the U.S., artisan chocolates and innovative flavor combinations are highly sought after. Taste and texture remain key purchase drivers. Ongoing product innovation, including sweet and savory blends, supports continued growth in the market.


Nevertheless, fluctuations in the price and supply of raw materials hamper the global real and compound chocolate market growth.


Industry Participants Focus on Innovations to Improve Product Quality


Leading real and compound chocolate companies such as Barry Callebaut, Cargill, and Puratos drive the market through innovation and sustainable sourcing. Key strategies include developing new, health-focused products and ensuring traceable, ethically sourced cocoa. Their dominance ensures continuous advancement in product quality, appeal, and environmental responsibility.


List of Key Players Mentioned in the Report:



  • Barry Callebaut AG (Switzerland)

  • Puratos Group (Belgium)

  • Mondelez International (U.S.)

  • Cargill Incorporated (U.S.)

  • Nestlé S.A. (Switzerland)

  • Fuji Oil Company Limited (Japan)

  • The Hershey Company (U.S.)

  • Mars Incorporated (U.S.)

  • Olam International (Singapore)

  • Cémoi Group (France)


To get a detailed report summary and research scope of this market, click here:


https://www.fortunebusinessinsights.com/industry-reports/real-and-compound-chocolate-market-101681


Key Industry Development:



  • March 2024- In a move to diversify its offerings, Cargill India introduced block chocolates, chocolate chips, and cocoa powder under the NatureFresh Professional brand. Tailored for the food and bakery sectors in India, these products aim to meet the needs of manufacturers seeking premium chocolate ingredients for a variety of applications.


Further Report Findings



  • By type, the market is fragmented into milk chocolate, dark chocolate, and white chocolate. The milk chocolate segment leads the global real and compound chocolate market, driven by its widespread consumption and versatility in confectionery products. Its creamy texture, made from milk solids and cocoa butter, is ideal for a range of products, including cakes, shakes, and hot chocolate. This versatility supports the continued growth and popularity of milk chocolate in various applications.

  • With the largest real and compound chocolate market share and a value of USD 16.76 billion in 2024, Europe dominated due to its advanced cocoa processing and manufacturing infrastructure. The region hosts global leaders such as Barry Callebaut and Olam International, fueling strong competition. European firms often process cocoa in-house or source from regional suppliers, ensuring high demand and quality across the chocolate value chain.

  • With a massive customer base and evolving preferences, North America’s real and compound chocolate market thrives on demand for healthier, premium, and festive treats. The U.S. leads the region, supported by a USD 37 billion confectionery industry and a surge in chocolate-infused bakery products. Brands are innovating with cocoa compounds and nibs to meet the rising “better-for-me” product demand.

  • Asia Pacific ranks third in the market, driven by a rising millennial population and demand for premium chocolates in India, China, and Japan. Cocoa processing at origin, up by 11% in FY2024, boosts regional supply and flavor quality. Key players such as Cargill and Barry Callebaut strengthen Indonesia’s grinding capabilities, while SMEs contribute through value-added specialty cocoa products.


Table of Segmentation






































Study Period



2019-2032



Base Year



2024



Estimated Year



2025



Forecast Period



2025-2032



Historical Period



2019-2023



Growth Rate



CAGR of 6.34% from 2025 to 2032



Unit



Value (USD Billion) and Volume (Million Tons)



Segmentation



By Category



  • Real Chocolate

  • Compound Chocolate


By Type



  • Milk Chocolate

  • Dark Chocolate

  • White Chocolate


By Form



  • Chips

  • Slabs

  • Coatings

  • Others


By Application



  • Confectionery

  • Bakery

  • Dairy and Frozen Desserts

  • Beverages

  • Others


By Region



  • North America (By Category, Type, Form, Application, and Country)

    • U.S. (By Category)

    • Canada (By Category)

    • Mexico (By Category)



  • Europe (By Category, Type, Form, Application, and Country)

    • Spain (By Category)

    • France (By Category)

    • Italy (By Category)

    • U.K. (By Category)

    • Germany (By Category)

    • Russia (By Category)

    • Switzerland (By Category)

    • Belgium (By Category)

    • Austria (By Category)

    • Rest of Europe (By Category)



  • Asia Pacific (By Category, Type, Form, Application, and Country)

    • China (By Category)

    • India (By Category)

    • Japan (By Category)

    • Australia (By Category)

    • New Zealand (By Category)

    • Malaysia (By Category)

    • Indonesia (By Category)

    • Thailand (By Category)

    • Rest of Asia Pacific (By Category)



  • South America (By Category, Type, Form, Application, and Country)

    • Brazil (By Category)

    • Argentina (By Category)

    • Rest of South America (By Category)



  • Middle East & Africa (By Category, Type, Form, Application, and Country)

    • South Africa (By Category)

    • UAE (By Category)

    • Rest of Middle East & Africa (By Category)




Real and Compound Chocolate market
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  • 2019-2023
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