Base Year
Historical Year
Forecast Year
Value in AUD million
2024-2032
Australia Premium Chocolate Market Outlook
*this image is indicative*
Based on product type, dark chocolate is driving the Australia premium chocolate market growth.
Individuals widely consume dark chocolate as it is rich in antioxidants which help in reducing inflammation, lowering blood pressure, and protecting against stress. Flavonoids present in dark chocolate help to improve blood flow, promote heart health, and reduce the risk of heart-related conditions.
Dark chocolates are rich in nutrients such as iron, copper, magnesium, and manganese and are consumed in moderation as a part of a balanced diet. Dark chocolate with high cocoa content and minimal added sugars is recommended to enhance its health benefits which indicates the substantial growth in the Australia premium chocolate market.
| Australia Premium Chocolate Market Summary | Description | Value |
| Base Year | AUD Million | 2023 |
| Historical period | AUD Million | 2018-2023 |
| Forecast Period | AUD Million | 2024-2032 |
| Market Size 2023 | AUD Million | 775.37 |
| Market Size 2032 | AUD Million | 1,374.75 |
| CAGR 2018-2023 | Percentage | XX% |
| CAGR 2024-2032 | Percentage | 6.6% |
| CAGR 2024-2032 - Market by Region | Australian Capital Territory | 7.2% |
| CAGR 2024-2032 - Market by Region | Western Australia | 6.9% |
| CAGR 2024-2032 - Market by Product Type | Dark Chocolate | 7.4% |
| CAGR 2024-2032 - Market by Distribution Channel | Online Stores | 12.2% |
| 2023 Market Share by Region | Australian Capital Territory | 2.4% |
Confectionery brands like Darell Lea have launched new chocolate flavours like dark chocolate rum and raisin, and white chocolate cookies and cream. Similarly, Macalat has launched a new range of dark chocolate comprising 70 per cent cocoa and plant-based ingredients as a sweetener and incorporated mushrooms to enhance its flavour.
According to the Australian Bureau of Statistics (ABS), the percentage contribution of chocolate to total discretionary energy has increased to 10.2% in 2020-21.
Australia Premium Chocolate Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Product Type
Market Breakup by Distribution Channel
Market Breakup by Region
Speciality stores and online stores are highly preferred by individuals. They offer curated selections of premium chocolates, providing a dedicated shopping experience and a focus on quality and variety. Online stores enhance convenience by allowing customers to explore a wide range of premium chocolate brands, compare reviews, and often access exclusive offerings or gift packages, making them popular among consumers seeking luxury and convenience in chocolate purchases.
| CAGR 2024-2032 - Market by | Region |
| Australian Capital Territory | 7.2% |
| Western Australia | 6.9% |
| Victoria | 6.3% |
| New South Wales | XX% |
| Queensland | XX% |
| Others | XX% |
The growth of the premium chocolate market is fuelled by increasing demand for dark chocolate and increasing cocoa production.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us today for customized, data-driven solutions tailored to your unique requirements!
The Australia premium chocolate market was valued at AUD 775.37 million in 2023.
The market is projected to grow at a CAGR of 6.57% between 2024 and 2032.
The revenue generated from the market is expected to reach AUD 1374.75 million in 2032.
Based on the product type, the premium chocolate market is bifurcated into white chocolate, milk chocolate, and dark chocolate.
Key players in the industry are Chocoladefabriken Lindt & Spruengli AG, Ferrero International S.A., Godiva Australia Pty Ltd., AE Haigh Proprietary Limited, and Chocolatier Australia among others.
The different distribution channels in the premium chocolate market include supermarkets and hypermarkets, convenience stores, speciality stores, online stores, and others.
The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| Report Features | Details |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product Type |
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| Breakup by Distribution Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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