Chocolate Based Spreads Market Size and Share

Chocolate Based Spreads Market (2025 - 2030)
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Chocolate Based Spreads Market Analysis by Mordor Intelligence

The global chocolate spread market attained a value of USD 3.42 billion in 2025 and is anticipated to reach USD 4.55 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 5.89%. Market expansion is attributed to evolving consumer preferences toward convenient and indulgent food products, increased disposable income levels, and heightened demand for premium and health-oriented offerings. The acceleration of urbanization and time-constrained lifestyles has generated substantial demand for efficient breakfast solutions and snacks, with chocolate spreads providing both convenience and versatility. Market development is further augmented by product innovations incorporating clean-label, organic, vegan, and reduced-sugar formulations, addressing the increasing health consciousness among consumers. The proliferation of online retail platforms and modern distribution networks has enhanced product accessibility, thereby contributing to market expansion.

Key Report Takeaways

  • By product type, hazelnut spreads led with 52.12% of the chocolate spread market share in 2024; Chocolate Spread (Milk, White, and Dark) variants are projected to expand at a 6.89% CAGR through 2030. 
  • By packaging type, PET and glass jars commanded 68.34% share of the chocolate spread market size in 2024, while squeeze bottles are advancing at a 7.71% CAGR through 2030.
  • By distribution channel, supermarkets and hypermarkets accounted for 46.81% of the chocolate spread market size in 2024; online retail stores are climbing at an 8.67% CAGR through 2030.
  • By geography, Europe held a 44.27% share of the chocolate spread market size in 2024, while Asia-Pacific is advancing at a 7.24% CAGR to 2030. 

Segment Analysis

By Product Type: Hazelnut Dominance Faces Flavor Innovation

The hazelnut chocolate spreads segment maintains a dominant market position with a 52.12% share in 2024, attributed to increasing consumer preferences for premium confectionery products that deliver both nutritional value and superior taste characteristics. The segment's growth is supported by the widespread adoption of hazelnut chocolate spreads as versatile food accompaniments across multiple consumption occasions, including breakfast, snack periods, and dessert applications. In April 2023, Apis India's strategic introduction of its Hazelnut Chocolate Spread, positioned as a nutritionally optimized product featuring energy-enhancement properties, reduced cholesterol content, and elevated protein levels, illustrates the industry's response to evolving consumer requirements for functional indulgence products.

The chocolate spreads segment, comprising milk, white, and dark varieties, demonstrates the highest growth trajectory in the global chocolate spread market, with an anticipated CAGR of 6.89% through 2030. This expansion is attributed to the increasing consumer migration toward premium food products and heightened demand for gourmet chocolate varieties. Milk chocolate spreads maintain their market dominance due to their refined texture and established taste preferences. White and dark chocolate spreads are experiencing increased market penetration, driven by their documented health advantages and distinctive flavor characteristics.

Chocolate Based Spreads Market: Market Share by Product Type
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By Packaging Type: Convenience Drives Innovation

PET and glass jars maintain a dominant market position with 68.34% share in 2024. Glass packaging demonstrates market leadership primarily through its established correlation with premium quality and product authenticity. The traditional glass jar format maintains significant market presence due to its association with heritage value and premium market positioning. Major international manufacturers, including Nutella and Biscoff, implement glass jar packaging for their chocolate spread products to maintain premium market positioning. Glass jars deliver substantial practical advantages, notably their reusability for storage applications, which resonates with environmentally conscious consumers. The combination of premium product presentation and reusability capabilities generates sustained consumer loyalty, particularly within established markets.

The squeeze bottle segment demonstrates significant market expansion in the chocolate-based spreads category, registering a CAGR of 7.71%. This growth trajectory corresponds directly to increasing consumer requirements for convenience and portability, specifically within urban consumer demographics. Squeeze bottle packaging demonstrates functional advantages through efficient dispensing mechanisms and enhanced mobility, establishing market relevance in convenience-oriented consumption patterns. The packaging configuration provides substantial surface area allocation for product information and operational instructions, thereby optimizing retail presence and consumer engagement metrics.

By Distribution Channel: Digital Transformation Accelerates

Supermarkets and hypermarkets dominate the global chocolate-based spreads market distribution channels, accounting for 46.81% of the market in 2024. These retail formats serve as primary purchasing destinations due to their extensive reach and convenience. They offer a comprehensive selection of local and international chocolate spread brands at competitive prices. The ability to physically examine products before purchase particularly appeals to consumers buying food items like spreads. Regular promotional campaigns and discounts in these stores drive consistent sales through both planned and impulse purchases.

The online retail segment for chocolate-based spreads is growing at a CAGR of 8.67% in 2024. This growth aligns with increased global internet usage, as the International Telecommunication Union (ITU) reports that 5.5 billion people, representing 68% of the global population, were online in 2024, an increase from 65% in the previous year [3]Source: International Telecommunication Union (ITU), "Internet use continues to grow, but universality remains elusive, especially in low-income regions", www.itu.int. The expanding internet access has improved consumer reach to e-commerce platforms, where chocolate spreads are purchased due to convenience, product variety, and competitive pricing. Online platforms enable consumers to compare brands, flavors, and packaging options, while offering discounts and product recommendations.

Chocolate Based Spreads Market: Market Share by Distribution Channel
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Geography Analysis

Europe holds 44.27% market share in 2024, driven by traditional consumption patterns and established brand loyalty. The region's mature market generates consistent revenue despite limitations from market saturation and demographic trends. Germany, the United Kingdom, Italy, and France represent key markets with consumers preferring premium and artisanal products. Eastern European countries, particularly Poland, show growth potential through expanding middle-class populations and western-influenced consumption patterns.

Asia-Pacific registers the highest growth rate at 7.24% CAGR through 2030, supported by urbanization, middle-class expansion, and changing breakfast habits favoring convenient nutrition options. China and India present significant market opportunities with developing consumption patterns, while Japan and Australia demonstrate mature markets with premium product preferences. Southeast Asian consumers show strong interest in premium offerings, particularly gourmet dark chocolate, creating opportunities for high-value products.

North America represents a mature market shaped by health-conscious consumers and demand for convenient breakfast options. The United States and Canada feature well-developed distribution networks and retail environments that facilitate premium product launches and brand expansions. Mexico shows emerging market characteristics with an expanding middle class and increasing adoption of international food trends through cultural and media exposure.

Chocolate Based Spreads Market CAGR (%), Growth Rate by Region
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Competitive Landscape

The global chocolate-based spreads market demonstrates moderate consolidation, with major companies maintaining substantial market share through established brand recognition and wide distribution networks. Companies such as Ferrero International SpA, The Hershey Company, Mondelēz International, Inc., and Nestlé S.A. control significant portions of the market. These companies maintain their positions through global presence and effective marketing strategies that build consumer loyalty. Their competitive advantage stems from economies of scale and diverse product portfolios ranging from traditional hazelnut spreads to new formulations that address evolving consumer preferences.

Companies in the market are implementing technological solutions to optimize supply chains and develop alternative ingredients to address raw material cost fluctuations and sustainability requirements. Investment priorities include organic cocoa sourcing, palm oil reduction initiatives, and sustainable packaging development.

Market opportunities exist in developing health-conscious formulations, sustainable packaging solutions, and region-specific flavor variations that target distinct consumer groups and geographic markets. These developments enable product differentiation and market expansion by addressing specific consumer needs, creating growth potential within the competitive and consolidated market structure.

Chocolate Based Spreads Industry Leaders

  1. Ferrero International SpA

  2. The Hershey Company

  3. Nestlé S.A.

  4. Mondelēz International, Inc.

  5. Mars, Incorporated

  6. *Disclaimer: Major Players sorted in no particular order
The Hershey Company, Dr. Oetker, The J.M. Smucker Company, Nestlé Food company, Ferrero SpA Company
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Recent Industry Developments

  • June 2025: Nutella introduced a new variant that combines its cocoa hazelnut spread with roasted peanuts. The product features distinctive yellow packaging, including the lid and label.
  • May 2025: Pip & Nut introduced a premium chocolate hazelnut spread featuring a high concentration of 63% nuts and a reduced sugar content of 9.1g per 100g serving, positioning it as a healthier alternative in the spread category.
  • May 2024: Jif launched its new flavor innovation, Jif Peanut Butter & Chocolate Flavored Spread, which serves as a topping for pancakes, French toast, waffles, and oatmeal.
  • February 2024: Chosen Foods launched a Chocolate Hazelnut Spread made with 100% pure avocado oil instead of palm oil, focusing on simple ingredients.

Table of Contents for Chocolate Based Spreads Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rising demand for convenient breakfast options
    • 4.2.2 Health-oriented product innovations
    • 4.2.3 Increasing awareness of sustainability and clean-label products
    • 4.2.4 Rise in indulgence and premiumization trends
    • 4.2.5 Influence of social media and food trends
    • 4.2.6 Regional taste preferences and product localization
  • 4.3 Market Restraints
    • 4.3.1 High and fluctuating raw material costs
    • 4.3.2 Stringent food safety and labeling regulations
    • 4.3.3 Intense competition and price wars
    • 4.3.4 Supply chain and logistics challenges
  • 4.4 Consumer Behaviour Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter's Five Forces Analysis
    • 4.7.1 Threat of New Entrants
    • 4.7.2 Bargaining Power of Buyers
    • 4.7.3 Bargaining Power of Suppliers
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Intensity of Competitive Rivalry

5. MARKET SIZE AND GROWTH FORECASTS (VALUE AND VOLUME)

  • 5.1 By Product type
    • 5.1.1 Hazelnut Chocolate Spread
    • 5.1.2 Peanut Chocolate Spread
    • 5.1.3 Chocolate Spread (Milk, White, and Dark)
    • 5.1.4 Others
  • 5.2 By Packaging Type
    • 5.2.1 PET/Glass Jars
    • 5.2.2 Squeeze Bottles
    • 5.2.3 Pouches
    • 5.2.4 Others
  • 5.3 By Distribution Channel
    • 5.3.1 Supermarkets/Hypermarkets
    • 5.3.2 Convenience Stores
    • 5.3.3 Online Retail Stores
    • 5.3.4 Other Distribution Channel
  • 5.4 By Geography
    • 5.4.1 North America
    • 5.4.1.1 United States
    • 5.4.1.2 Canada
    • 5.4.1.3 Mexico
    • 5.4.1.4 Rest of North America
    • 5.4.2 Europe
    • 5.4.2.1 Germany
    • 5.4.2.2 United Kingdom
    • 5.4.2.3 Italy
    • 5.4.2.4 France
    • 5.4.2.5 Spain
    • 5.4.2.6 Netherlands
    • 5.4.2.7 Poland
    • 5.4.2.8 Belgium
    • 5.4.2.9 Sweden
    • 5.4.2.10 Rest of Europe
    • 5.4.3 Asia-Pacific
    • 5.4.3.1 China
    • 5.4.3.2 India
    • 5.4.3.3 Japan
    • 5.4.3.4 Australia
    • 5.4.3.5 Indonesia
    • 5.4.3.6 South Korea
    • 5.4.3.7 Thailand
    • 5.4.3.8 Singapore
    • 5.4.3.9 Rest of Asia-Pacific
    • 5.4.4 South America
    • 5.4.4.1 Brazil
    • 5.4.4.2 Argentina
    • 5.4.4.3 Colombia
    • 5.4.4.4 Chile
    • 5.4.4.5 Peru
    • 5.4.4.6 Rest of South America
    • 5.4.5 Middle East and Africa
    • 5.4.5.1 South Africa
    • 5.4.5.2 Saudi Arabia
    • 5.4.5.3 United Arab Emirates
    • 5.4.5.4 Nigeria
    • 5.4.5.5 Egypt
    • 5.4.5.6 Morocco
    • 5.4.5.7 Turkey
    • 5.4.5.8 Rest of Middle East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
    • 6.4.1 Ferrero International SpA
    • 6.4.2 The Hershey Company
    • 6.4.3 Nestle S.A.
    • 6.4.4 Mondel?z International, Inc.
    • 6.4.5 Mars, Incorporated
    • 6.4.6 Gruppo Nutkao
    • 6.4.7 Dr. Oetker (Schwartau)
    • 6.4.8 Barefoot & Chocolate
    • 6.4.9 Nutiva Inc.
    • 6.4.10 Rigoni di Asiago
    • 6.4.11 Barry Callebaut AG
    • 6.4.12 Lotus Bakeries
    • 6.4.13 Lindt & Sprungli
    • 6.4.14 Kraft Heinz Co.
    • 6.4.15 Swasthum Wellness Pvt Ltd
    • 6.4.16 Venchi S.p.A.
    • 6.4.17 Hero Group
    • 6.4.18 Brinkers Food
    • 6.4.19 Wilhelm Reuss
    • 6.4.20 Ligao Foods

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

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Global Chocolate Based Spreads Market Report Scope

Chocolate spread is a sweet chocolate-flavored paste that is eaten mostly spread on slices of bread and toasts or similar grain items such as waffles, pancakes, muffins, and pitas. Although it tastes, smells, and looks like chocolate, it does not solidify, even at room temperature. The chocolate-based spreads market is segmented by distribution channels such as supermarkets/hypermarkets, convenience stores, online stores, specialist stores, and others. The market is also segmented by geography into North America, Europe, Asia-Pacific, South America, and the Middle-East and Africa. For each segment, the market sizing and forecasts have been done on the basis of the value (in USD million).

By Product type
Hazelnut Chocolate Spread
Peanut Chocolate Spread
Chocolate Spread (Milk, White, and Dark)
Others
By Packaging Type
PET/Glass Jars
Squeeze Bottles
Pouches
Others
By Distribution Channel
Supermarkets/Hypermarkets
Convenience Stores
Online Retail Stores
Other Distribution Channel
By Geography
North America United States
Canada
Mexico
Rest of North America
Europe Germany
United Kingdom
Italy
France
Spain
Netherlands
Poland
Belgium
Sweden
Rest of Europe
Asia-Pacific China
India
Japan
Australia
Indonesia
South Korea
Thailand
Singapore
Rest of Asia-Pacific
South America Brazil
Argentina
Colombia
Chile
Peru
Rest of South America
Middle East and Africa South Africa
Saudi Arabia
United Arab Emirates
Nigeria
Egypt
Morocco
Turkey
Rest of Middle East and Africa
By Product type Hazelnut Chocolate Spread
Peanut Chocolate Spread
Chocolate Spread (Milk, White, and Dark)
Others
By Packaging Type PET/Glass Jars
Squeeze Bottles
Pouches
Others
By Distribution Channel Supermarkets/Hypermarkets
Convenience Stores
Online Retail Stores
Other Distribution Channel
By Geography North America United States
Canada
Mexico
Rest of North America
Europe Germany
United Kingdom
Italy
France
Spain
Netherlands
Poland
Belgium
Sweden
Rest of Europe
Asia-Pacific China
India
Japan
Australia
Indonesia
South Korea
Thailand
Singapore
Rest of Asia-Pacific
South America Brazil
Argentina
Colombia
Chile
Peru
Rest of South America
Middle East and Africa South Africa
Saudi Arabia
United Arab Emirates
Nigeria
Egypt
Morocco
Turkey
Rest of Middle East and Africa
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Key Questions Answered in the Report

What is the projected value of the chocolate spread market in 2030?

The chocolate spread market is projected to reach USD 4.55 billion by 2030.

Which region is growing fastest for chocolate spreads?

Asia-Pacific is expanding at a 7.24% CAGR through 2030, making it the fastest-growing region.

Why are squeeze-bottle formats gaining popularity?

Squeeze bottles support on-the-go consumption and mess-free application, leading the packaging segment at a 7.71% CAGR.

How are cocoa price spikes affecting manufacturers?

Record-high cocoa costs compress margins and prompt strategies such as partial cocoa substitution, hedging, and supply-chain diversification.

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