The demand for vegan products has risen sharply in recent years and the rise is expected to continue. Many consumers are reducing their consumption of foods of animal origin to prevent animal suffering and to live a more sustainable and healthier life. This trend has also made an impact on the chocolate industry. According to a report by Grand View Research, the global market for vegan chocolate is expected to reach USD 1.41 billion by 2027 with an annual growth rate of 14.8%.