Chocolate confectionery is expected to be worth over $128 billion in global retail sales by the end of 2023, with a volume of 1.9% CAGR over the next 3 years to 2025, according to Euromonitor.

Notably, Research and Markets'2022 study highlighted the Asia Pacific region as anticipated as having the fastest growth rate in the coming years of 5.72%--with the Chinese market estimated to grow at a CAGR of 6.39%.

We're glad to see positive anticipations for the industry and look forward to seeing more emerging brands in the future!