Vegan Chocolate Market To Grow Faster Than Dairy, Experts Predict
The dairy-free and vegan chocolate market is expected to see enormous growth in the next nine years, outpacing conventional dairy alternatives. New data suggests that the plant-based chocolate sector, currently valued at $1 billion, will reach $4 billion by 2032. This equates to a 15.5 percent annual growth rate. Comparatively, the overall chocolate market, valued at $262.5 billion in 2022, is likely to grow at just 3.7 percent, annually.
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