Vegan Chocolate Market Share

Market Share of Vegan Chocolate Industry

The market is characterized by the presence of a few well-established and several small- and medium-scale players. Companies are focusing on research and development activities to introduce new and innovative flavors in vegan chocolates. The rise in consumption of vegan chocolates can be ascribed to their distinctive flavor and nutritional properties. Companies are taking efforts to increase marketing and promotional activities to boost their revenue in the vegan chocolate market. Some of the key players operating in the global vegan chocolate market include Mars, Incorporated, Mondelēz International., Nestle SA, Tofutti Brands, Inc., Plamil Foods Ltd, and Barry Callebaut, among others.

Vegan Chocolate Market Leaders

1. Barry Callebaut

2. Tofutti Brands, Inc.

3. Mondelēz International.

4. Nestle SA

5. Mars, Incorporated

*Disclaimer: Major Players sorted in no particular order