Product Code: ETC13249813 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Drinking Chocolate Market was valued at USD 3.9 Billion in 2024 and is expected to reach USD 6.1 Billion by 2031, growing at a compound annual growth rate of 6.40% during the forecast period (2025-2031).
The Global Drinking Chocolate Market is experiencing steady growth driven by increasing consumer interest in indulgent and premium hot beverage options. The market offers a variety of drinking chocolate products, including powdered mixes, ready-to-drink formulations, and artisanal options made from high-quality cocoa beans. Factors such as rising disposable incomes, changing lifestyles, and growing demand for gourmet experiences are fueling the market expansion. Additionally, the trend towards organic, ethically sourced, and sustainable products is influencing consumer preferences in the drinking chocolate segment. Key players in the market are focusing on product innovation, introducing new flavors and packaging designs to cater to evolving consumer tastes. The market is expected to continue its growth trajectory, with opportunities for further expansion in both developed and emerging markets worldwide.
The Global Drinking Chocolate Market is experiencing a surge in demand due to consumers seeking premium and indulgent hot beverage options. Key trends include the growing popularity of artisanal and organic drinking chocolate products, as well as increased interest in unique flavor combinations such as salted caramel or chili-infused varieties. Health-conscious consumers are also driving the market towards healthier alternatives like sugar-free or plant-based drinking chocolates. Opportunities lie in expanding product portfolios to cater to diverse consumer preferences, leveraging online platforms for sales and marketing, and entering new emerging markets with a focus on product innovation and sustainability. Overall, the market is ripe for growth, fueled by evolving consumer tastes and preferences for high-quality, ethically sourced drinking chocolate products.
The Global Drinking Chocolate Market faces several challenges, including increasing health concerns related to sugar consumption and obesity, the rising popularity of alternative beverages such as coffee and tea, and the impact of fluctuating cocoa prices on production costs. Consumers are becoming more health-conscious and are seeking lower sugar and healthier options, leading to a shift away from traditional drinking chocolate products. Additionally, the competition from other hot beverage options presents a challenge for drinking chocolate manufacturers to differentiate and attract consumers. The dependency on cocoa production and its susceptibility to climate change and market volatility also pose challenges in ensuring a stable supply chain and pricing for drinking chocolate products in the global market.
The Global Drinking Chocolate Market is primarily driven by the growing consumer preference for indulgent and premium hot chocolate beverages, especially among younger demographics seeking unique flavor experiences. Additionally, the increasing demand for organic and natural ingredients in food and beverages has influenced the market, leading to a surge in the availability of organic and ethically sourced drinking chocolate products. The rise of café culture and the popularity of specialty coffee shops have also contributed to the market growth, as consumers increasingly seek high-quality and innovative beverage options. Furthermore, the expanding e-commerce sector has made it easier for consumers to access a wide range of drinking chocolate products from around the world, driving market expansion and offering opportunities for international market players to reach a broader customer base.
Government policies related to the Global Drinking Chocolate Market vary by country, but common themes include regulations on food safety and labeling requirements, taxation on sugary products, and trade agreements affecting the import and export of drinking chocolate products. Some countries have implemented sugar taxes to curb consumption of sugary beverages, which could impact the market for drinking chocolate. Additionally, regulations on cocoa sourcing and fair trade practices may influence the production and marketing of drinking chocolate products. Trade agreements such as tariffs and quotas can also impact the accessibility and competitiveness of drinking chocolate in different markets. Overall, government policies play a significant role in shaping the regulatory environment and market dynamics of the Global Drinking Chocolate Market.
The Global Drinking Chocolate Market is expected to witness steady growth in the coming years due to increasing consumer interest in premium hot chocolate experiences, innovation in product offerings, and the growing popularity of indulgent beverages. Factors such as rising disposable incomes, changing consumer preferences towards gourmet and artisanal products, and the expanding foodservice industry are also driving market growth. Additionally, the rising trend of at-home consumption of hot chocolate as a cozy and comforting treat, especially during colder months, is further fueling market demand. Manufacturers are likely to focus on introducing healthier and functional variants, sustainable packaging solutions, and unique flavor combinations to cater to evolving consumer preferences, positioning the drinking chocolate market for continued expansion globally.
In the global drinking chocolate market, Asia is experiencing rapid growth driven by increasing disposable income and changing consumer preferences towards premium and indulgent beverages. North America remains a key market due to the popularity of gourmet hot chocolates and the trend towards organic and ethically sourced ingredients. In Europe, the market is characterized by a strong tradition of hot chocolate consumption, with a focus on quality and unique flavors. The Middle East and Africa region is seeing a rise in demand for drinking chocolate as a result of shifting consumer lifestyles and a growing café culture. Latin America, known for its rich cocoa heritage, is witnessing a surge in demand for authentic and artisanal drinking chocolates, with a focus on sustainable sourcing practices and traditional recipes.
Global Drinking Chocolate Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Drinking Chocolate Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Drinking Chocolate Market Revenues & Volume, 2021 & 2031F |
3.3 Global Drinking Chocolate Market - Industry Life Cycle |
3.4 Global Drinking Chocolate Market - Porter's Five Forces |
3.5 Global Drinking Chocolate Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Drinking Chocolate Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Global Drinking Chocolate Market Revenues & Volume Share, By Cocoa content, 2021 & 2031F |
3.8 Global Drinking Chocolate Market Revenues & Volume Share, By Distribution channel, 2021 & 2031F |
3.9 Global Drinking Chocolate Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.10 Global Drinking Chocolate Market Revenues & Volume Share, By Flavour, 2021 & 2031F |
3.11 Global Drinking Chocolate Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.12 Global Drinking Chocolate Market Revenues & Volume Share, By Target customers, 2021 & 2031F |
3.13 Global Drinking Chocolate Market Revenues & Volume Share, By End users, 2021 & 2031F |
4 Global Drinking Chocolate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Drinking Chocolate Market Trends |
6 Global Drinking Chocolate Market, 2021 - 2031 |
6.1 Global Drinking Chocolate Market, Revenues & Volume, By Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Drinking Chocolate Market, Revenues & Volume, By Dark chocolate, 2021 - 2031 |
6.1.3 Global Drinking Chocolate Market, Revenues & Volume, By Milk chocolate, 2021 - 2031 |
6.1.4 Global Drinking Chocolate Market, Revenues & Volume, By White, 2021 - 2031 |
6.2 Global Drinking Chocolate Market, Revenues & Volume, By Cocoa content, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Drinking Chocolate Market, Revenues & Volume, By 60-90%, 2021 - 2031 |
6.2.3 Global Drinking Chocolate Market, Revenues & Volume, By 40-60%, 2021 - 2031 |
6.2.4 Global Drinking Chocolate Market, Revenues & Volume, By 30-40%, 2021 - 2031 |
6.2.5 Global Drinking Chocolate Market, Revenues & Volume, By Others, 2021 - 2031 |
6.3 Global Drinking Chocolate Market, Revenues & Volume, By Distribution channel, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Drinking Chocolate Market, Revenues & Volume, By Hypermarkets/supermarkets, 2021 - 2031 |
6.3.3 Global Drinking Chocolate Market, Revenues & Volume, By Specialty store, 2021 - 2031 |
6.3.4 Global Drinking Chocolate Market, Revenues & Volume, By Convenience stores, 2021 - 2031 |
6.3.5 Global Drinking Chocolate Market, Revenues & Volume, By Online store, 2021 - 2031 |
6.3.6 Global Drinking Chocolate Market, Revenues & Volume, By Other, 2021 - 2031 |
6.4 Global Drinking Chocolate Market, Revenues & Volume, By Application, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Drinking Chocolate Market, Revenues & Volume, By Chocolate Drinks, 2021 - 2031 |
6.4.3 Global Drinking Chocolate Market, Revenues & Volume, By Protein Shakes, 2021 - 2031 |
6.4.4 Global Drinking Chocolate Market, Revenues & Volume, By Energy Drinks, 2021 - 2031 |
6.4.5 Global Drinking Chocolate Market, Revenues & Volume, By Coffee Mixes, 2021 - 2031 |
6.4.6 Global Drinking Chocolate Market, Revenues & Volume, By Others, 2021 - 2031 |
6.5 Global Drinking Chocolate Market, Revenues & Volume, By Flavour, 2021 - 2031 |
6.5.1 Overview & Analysis |
6.5.2 Global Drinking Chocolate Market, Revenues & Volume, By Vanilla, 2021 - 2031 |
6.5.3 Global Drinking Chocolate Market, Revenues & Volume, By Caramel, 2021 - 2031 |
6.5.4 Global Drinking Chocolate Market, Revenues & Volume, By Honey, 2021 - 2031 |
6.5.5 Global Drinking Chocolate Market, Revenues & Volume, By Hazelnut, 2021 - 2031 |
6.6 Global Drinking Chocolate Market, Revenues & Volume, By Form, 2021 - 2031 |
6.6.1 Overview & Analysis |
6.6.2 Global Drinking Chocolate Market, Revenues & Volume, By Powder, 2021 - 2031 |
6.6.3 Global Drinking Chocolate Market, Revenues & Volume, By Liquid, 2021 - 2031 |
6.7 Global Drinking Chocolate Market, Revenues & Volume, By Target customers, 2021 - 2031 |
6.7.1 Overview & Analysis |
6.7.2 Global Drinking Chocolate Market, Revenues & Volume, By Adults, 2021 - 2031 |
6.7.3 Global Drinking Chocolate Market, Revenues & Volume, By Kids, 2021 - 2031 |
6.8 Global Drinking Chocolate Market, Revenues & Volume, By End users, 2021 - 2031 |
6.8.1 Overview & Analysis |
6.8.2 Global Drinking Chocolate Market, Revenues & Volume, By Food Service Providers, 2021 - 2031 |
6.8.3 Global Drinking Chocolate Market, Revenues & Volume, By Household/Domestic, 2021 - 2031 |
6.8.4 Global Drinking Chocolate Market, Revenues & Volume, By Corporates, 2021 - 2031 |
6.8.5 Global Drinking Chocolate Market, Revenues & Volume, By Airlines, 2021 - 2031 |
7 North America Drinking Chocolate Market, Overview & Analysis |
7.1 North America Drinking Chocolate Market Revenues & Volume, 2021 - 2031 |
7.2 North America Drinking Chocolate Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Drinking Chocolate Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Drinking Chocolate Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Drinking Chocolate Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Drinking Chocolate Market, Revenues & Volume, By Type, 2021 - 2031 |
7.4 North America Drinking Chocolate Market, Revenues & Volume, By Cocoa content, 2021 - 2031 |
7.5 North America Drinking Chocolate Market, Revenues & Volume, By Distribution channel, 2021 - 2031 |
7.6 North America Drinking Chocolate Market, Revenues & Volume, By Application, 2021 - 2031 |
7.7 North America Drinking Chocolate Market, Revenues & Volume, By Flavour, 2021 - 2031 |
7.8 North America Drinking Chocolate Market, Revenues & Volume, By Form, 2021 - 2031 |
7.9 North America Drinking Chocolate Market, Revenues & Volume, By Target customers, 2021 - 2031 |
7.10 North America Drinking Chocolate Market, Revenues & Volume, By End users, 2021 - 2031 |
8 Latin America (LATAM) Drinking Chocolate Market, Overview & Analysis |
8.1 Latin America (LATAM) Drinking Chocolate Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Drinking Chocolate Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Drinking Chocolate Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Drinking Chocolate Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Drinking Chocolate Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Drinking Chocolate Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Drinking Chocolate Market, Revenues & Volume, By Type, 2021 - 2031 |
8.4 Latin America (LATAM) Drinking Chocolate Market, Revenues & Volume, By Cocoa content, 2021 - 2031 |
8.5 Latin America (LATAM) Drinking Chocolate Market, Revenues & Volume, By Distribution channel, 2021 - 2031 |
8.6 Latin America (LATAM) Drinking Chocolate Market, Revenues & Volume, By Application, 2021 - 2031 |
8.7 Latin America (LATAM) Drinking Chocolate Market, Revenues & Volume, By Flavour, 2021 - 2031 |
8.8 Latin America (LATAM) Drinking Chocolate Market, Revenues & Volume, By Form, 2021 - 2031 |
8.9 Latin America (LATAM) Drinking Chocolate Market, Revenues & Volume, By Target customers, 2021 - 2031 |
8.10 Latin America (LATAM) Drinking Chocolate Market, Revenues & Volume, By End users, 2021 - 2031 |
9 Asia Drinking Chocolate Market, Overview & Analysis |
9.1 Asia Drinking Chocolate Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Drinking Chocolate Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Drinking Chocolate Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Drinking Chocolate Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Drinking Chocolate Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Drinking Chocolate Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Drinking Chocolate Market, Revenues & Volume, By Type, 2021 - 2031 |
9.4 Asia Drinking Chocolate Market, Revenues & Volume, By Cocoa content, 2021 - 2031 |
9.5 Asia Drinking Chocolate Market, Revenues & Volume, By Distribution channel, 2021 - 2031 |
9.6 Asia Drinking Chocolate Market, Revenues & Volume, By Application, 2021 - 2031 |
9.7 Asia Drinking Chocolate Market, Revenues & Volume, By Flavour, 2021 - 2031 |
9.8 Asia Drinking Chocolate Market, Revenues & Volume, By Form, 2021 - 2031 |
9.9 Asia Drinking Chocolate Market, Revenues & Volume, By Target customers, 2021 - 2031 |
9.10 Asia Drinking Chocolate Market, Revenues & Volume, By End users, 2021 - 2031 |
10 Africa Drinking Chocolate Market, Overview & Analysis |
10.1 Africa Drinking Chocolate Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Drinking Chocolate Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Drinking Chocolate Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Drinking Chocolate Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Drinking Chocolate Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Drinking Chocolate Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Drinking Chocolate Market, Revenues & Volume, By Type, 2021 - 2031 |
10.4 Africa Drinking Chocolate Market, Revenues & Volume, By Cocoa content, 2021 - 2031 |
10.5 Africa Drinking Chocolate Market, Revenues & Volume, By Distribution channel, 2021 - 2031 |
10.6 Africa Drinking Chocolate Market, Revenues & Volume, By Application, 2021 - 2031 |
10.7 Africa Drinking Chocolate Market, Revenues & Volume, By Flavour, 2021 - 2031 |
10.8 Africa Drinking Chocolate Market, Revenues & Volume, By Form, 2021 - 2031 |
10.9 Africa Drinking Chocolate Market, Revenues & Volume, By Target customers, 2021 - 2031 |
10.10 Africa Drinking Chocolate Market, Revenues & Volume, By End users, 2021 - 2031 |
11 Europe Drinking Chocolate Market, Overview & Analysis |
11.1 Europe Drinking Chocolate Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Drinking Chocolate Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Drinking Chocolate Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Drinking Chocolate Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Drinking Chocolate Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Drinking Chocolate Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Drinking Chocolate Market, Revenues & Volume, By Type, 2021 - 2031 |
11.4 Europe Drinking Chocolate Market, Revenues & Volume, By Cocoa content, 2021 - 2031 |
11.5 Europe Drinking Chocolate Market, Revenues & Volume, By Distribution channel, 2021 - 2031 |
11.6 Europe Drinking Chocolate Market, Revenues & Volume, By Application, 2021 - 2031 |
11.7 Europe Drinking Chocolate Market, Revenues & Volume, By Flavour, 2021 - 2031 |
11.8 Europe Drinking Chocolate Market, Revenues & Volume, By Form, 2021 - 2031 |
11.9 Europe Drinking Chocolate Market, Revenues & Volume, By Target customers, 2021 - 2031 |
11.10 Europe Drinking Chocolate Market, Revenues & Volume, By End users, 2021 - 2031 |
12 Middle East Drinking Chocolate Market, Overview & Analysis |
12.1 Middle East Drinking Chocolate Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Drinking Chocolate Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Drinking Chocolate Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Drinking Chocolate Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Drinking Chocolate Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Drinking Chocolate Market, Revenues & Volume, By Type, 2021 - 2031 |
12.4 Middle East Drinking Chocolate Market, Revenues & Volume, By Cocoa content, 2021 - 2031 |
12.5 Middle East Drinking Chocolate Market, Revenues & Volume, By Distribution channel, 2021 - 2031 |
12.6 Middle East Drinking Chocolate Market, Revenues & Volume, By Application, 2021 - 2031 |
12.7 Middle East Drinking Chocolate Market, Revenues & Volume, By Flavour, 2021 - 2031 |
12.8 Middle East Drinking Chocolate Market, Revenues & Volume, By Form, 2021 - 2031 |
12.9 Middle East Drinking Chocolate Market, Revenues & Volume, By Target customers, 2021 - 2031 |
12.10 Middle East Drinking Chocolate Market, Revenues & Volume, By End users, 2021 - 2031 |
13 Global Drinking Chocolate Market Key Performance Indicators |
14 Global Drinking Chocolate Market - Export/Import By Countries Assessment |
15 Global Drinking Chocolate Market - Opportunity Assessment |
15.1 Global Drinking Chocolate Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Drinking Chocolate Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Global Drinking Chocolate Market Opportunity Assessment, By Cocoa content, 2021 & 2031F |
15.4 Global Drinking Chocolate Market Opportunity Assessment, By Distribution channel, 2021 & 2031F |
15.5 Global Drinking Chocolate Market Opportunity Assessment, By Application, 2021 & 2031F |
15.6 Global Drinking Chocolate Market Opportunity Assessment, By Flavour, 2021 & 2031F |
15.7 Global Drinking Chocolate Market Opportunity Assessment, By Form, 2021 & 2031F |
15.8 Global Drinking Chocolate Market Opportunity Assessment, By Target customers, 2021 & 2031F |
15.9 Global Drinking Chocolate Market Opportunity Assessment, By End users, 2021 & 2031F |
16 Global Drinking Chocolate Market - Competitive Landscape |
16.1 Global Drinking Chocolate Market Revenue Share, By Companies, 2024 |
16.2 Global Drinking Chocolate Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |