It is estimated for the global chocolate market to witness growth at a CAGR of 4.1% during the forecast period of 2022 to 2030. The market witnessed growth at a CAGR of 3.3% during the previous forecast period of 2018 to 2021. Chocolate was a trendy drink for rich Europeans throughout the 18th century. The Industrial Revolution allowed chocolate to be mass-produced and brought the treat to the masses. The popularity led to the development of cacao tree plantations. Enslaved people farmed most of the plantations.