Vegan Chocolate Confectionery Market Set to Soar as Plant-Based Indulgence Gains Global Popularity

The global vegan chocolate confectionery market is on a high-growth trajectory, expected to reach USD 809.7 million in 2024 and surge to USD 1,871.1 million by 2030, registering a CAGR of 15.0% from 2025 to 2030. This expansion is fueled by the rising global shift toward plant-based lifestyles, with consumers increasingly embracing vegan diets for health, environmental, and ethical reasons.

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Distribution Channel Insights

Offline retail remains the dominant sales channel, led by major supermarket and grocery chains such as Whole Foods, Walmart, and Target. These outlets have expanded their plant-based sections to include a wide range of vegan chocolates, making it easier for consumers to access dairy-free confections alongside everyday grocery items.

In-store promotions, including sampling events, discounts, and educational displays, continue to be effective in capturing consumer attention and driving impulse purchases. 

Type Insights

Vegan milk chocolate continues to dominate the type segment, supported by innovations in plant-based milk substitutes such as almond, oat, and coconut milk. These formulations provide creamy textures and indulgent flavors without dairy, meeting the needs of lactose-intolerant consumers and those opting for guilt-free, plant-based desserts.

The segment is also characterized by a wave of flavor experimentation, ranging from classic salted caramel to fruit-infused and spiced blends, reinforcing vegan milk chocolate’s place as a mainstream indulgence in the broader chocolate market.

Product Insights

In 2024, molded chocolate bars emerged as the leading product category, accounting for 42.3% of the global market share. Their convenience, portability, and shelf-ready packaging make them a go-to snack for health-conscious consumers seeking clean-label treats. Companies are also investing in product innovation and collaborations to bring unique options to market.

For instance, Lindt collaborated with ChoViva, a cocoa-free chocolate manufacturer, to introduce a limited-edition Soft & Creamy Hazelnut Bar. The product featured a cocoa-free inner layer and a dairy-free outer shell, catering to consumers seeking alternatives to traditional chocolate formulations.