Barry Callebaut reveals chocolate trends for 2023 and beyond
This is the third year that the company has produced 'Top Chocolate Trends' reports.
Barry Callebaut has identified top chocolate trends for this year and upcoming years. For 2023, they are: Intense Indulgence, Mindful Indulgence, and Healthy Indulgence.
Chocolate confectionery is an important and dynamic market, expected to be worth over $128 billion/ €107 billion in global retail sales by the end of 2023, with a volume Compound Annual Growth Rate (CAGR) of 1.9% CAGR over the next 3 years to 2025, according to Euromonitor 2022 research. Innovation plays a key role in that growth projection to meet the latest needs of consumers. The type of indulgence consumers choose depends on their mood or mindset, and their specific attitude towards life.