Markets

Insider Trading

Hedge Funds

Retirement

Opinion

16 Highest Quality Chocolate Brands in the US

Page 1 of 9

In this article, we will discuss the 16 highest quality chocolate brands in the US. You can skip our detailed discussion of the chocolate industry and see the 5 Highest Quality Chocolate Brands in the US. 

The Evolving Chocolate Market: Growth, Trends, and Challenges

Chocolate, a beloved treat enjoyed by people worldwide, has a rich history and a universal appeal that transcends cultures and generations. From indulgent desserts to simple sweet snacks, it continues to be a staple of happiness and celebration. The global chocolate market is experiencing steady growth, with a market size estimated at $119.39 billion in 2023. This market is projected to expand at a compound annual growth rate (CAGR) of 4.1% from 2024 to 2030.

An estimated 7.5 million metric tons of chocolate is used annually worldwide, or around 2.2 pounds (1 kg) of chocolate per person, according to a report by Dame Cacao. According to IndexBox, the United States is the biggest importer of chocolate, with $955 million in 2023 imports, followed by France with $772.5 million.

The chocolate market is changing due to consumer awareness, fueling an increase in demand for gourmet chocolates. Chocolate that is organic, vegan, gluten-free, and sugar-free is becoming more and more popular, according to the National Confectioners Association’s State of Treating Report 2021. Because of their unique flavors, single-origin and bean-to-bar chocolates are becoming increasingly popular. Dark chocolate’s popularity is further fueled by research showing its health benefits, such as increased blood circulation and a high flavonoid content.

In contrast to the overall market’s 18.13% increase, the confectionary industry saw a small 3.74% year-to-date (YTD) increase. Price increases have been caused by rising input costs, especially for cocoa, which has risen in the last 12 months due to crop diseases in West Africa, which accounts for about 80% of global cocoa production, according to Food & Drink Digital. A JP Morgan research claims that chocolate companies are raising prices for consumers to offset the rising cost of cocoa, which hit $10,000 per metric ton in March 2024. Regarding this, Ken Goldman, lead equities research analyst at JP Morgan for U.S. Food Producers and Retailers, said the following:

“In the U.S., Hershey has been very clear that list pricing is still one of the most important arrows in their quiver to offset inflation. Over the next year or two, they will probably pass on more cocoa inflation, and consumers will see higher prices for their chocolate as a result.”

Market Leaders and Economic Challenges in the Confectionery Industry

The confectionery industry is further impacted by the general economic climate, which includes factors like inflation and interest rates. Sectors like confectionery may be impacted by decreased discretionary expenditure brought on by rising costs for necessities like food.

On the other hand, medium-term cocoa prices are anticipated to moderate somewhat and maybe level off at $6,000 per metric ton. This might be the consequence of better weather and more cocoa trees being planted, which could offer some respite.

Players like Mondelez International, Inc. (NASDAQ:MDLZ) and The Hershey Company (NYSE:HSY) have been largely contributing to the Chocolate market. For example, Mondelez International, Inc. (NASDAQ:MDLZ) holds the no. 2 global position in chocolate with almost 13% market share. Its chocolate brands include iconic names such as Cadbury, Milka, Toblerone, Hu, Green & Black’s, Daim, Lacta, Marabou, 5 Star, Alpen Gold, Freia, and Côte d’Or. The company’s Q3 2024 results showed strong performance, with net revenues rising by 1.9% to $9.2 billion. Organic net revenue grew by 5.4%, driven by higher net pricing and favorable volume/mix. Adjusted EPS increased by 28.6% to $0.99 (constant currency). Free cash flow for the first nine months reached $2.5 billion. Key drivers of growth included strong performance in Europe (8.1% growth), Asia, Middle East & Africa (5.8%), and North America (3.7%).

While we acknowledge the potential of MDLZ as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than MDLZ but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

Our Methodology 

Our methodology carefully ranks chocolate brands based on a consensus-driven evaluation, taking into account key factors such as the quality of cocoa beans, ingredient composition, flavor profile, and consumer recommendations. By assessing these metrics, we have established a definitive ranking of the highest-quality chocolate brands in the U.S. For instance, the top-ranked brand earned a perfect score of 1 (16/16 = 1), while the second-place brand received a score of 0.93 (15/16 = 0.93).

At Insider Monkey we are obsessed with the stocks that hedge funds pile into. The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).

Here is our list of the 16 highest-quality chocolate brands in the US.

16. Kit Kat  

Insider Monkey Score: 0.062 

Kit Kat, produced by Nestlé, is recognized as one of the highest-quality chocolate brands in the United States. In recent years, Kit Kat has contributed to Nestlé’s overall growth. While the company faced challenges such as inflation and cost pressures, it reported organic growth of 7.2% with pricing contributing to this growth.

Kit Kat has introduced and then discontinued several excellent chocolate products; nevertheless, its Dark Chocolate Block, which has an astounding cocoa content of 76, is still sold in the US market.

15. Scharffen Berger

Insider Monkey Score: 0.12 

Scharffen Berger has established itself as one of the highest-quality chocolate brands in the United States, pioneering the American craft chocolate movement since its founding in 1996. Scharffen Berger’s dedication to quality begins with its bean selection process. The company sources the finest cacao beans from small growers worldwide, carefully blending beans from various origins to create complex and exquisite flavor profiles.

Scharffen Berger offers a diverse range of premium chocolate products for consumers and culinary professionals, including chocolate bars with cacao percentages from 41% to 82%, convenient baking chocolate portions, and dark chocolate flats for charcuterie boards. Their flavored varieties feature innovative combinations such as milk chocolate with coconut and coffee, and 70% dark chocolate with cherries, almonds, and salt.

The brand’s quality has been recognized by chefs and bakers, who prefer Scharffen Berger for its consistent performance in culinary applications.

14. Andres’ Confiserie Suisse 

Insider Monkey Score: 0.18 

Founded in 1955 by André and Elsbeth Bollier, who immigrated from Switzerland, André’s Confiserie Suisse has been a staple in Kansas City for nearly 70 years. The company is now managed by their grandson, René Bollier, who has continued the family tradition of producing high-quality Swiss-style chocolates. The business has evolved over the years, transitioning from a focus on European-style lunches and pastries to prioritizing chocolate production, which now constitutes 65% of its revenue.

André’s chocolates, crafted using three generations of Swiss-trained expertise, embody rich, authentic Swiss flavors. Their standout offerings, like Nussbergerli Sticks and chocolate-covered almonds, reflect a commitment to quality ingredients and innovative flavors.

13. Raaka Chocolate

Insider Monkey Score: 0.25 

Raaka Chocolate is renowned for its commitment to producing high-quality, bean-to-bar chocolate. Based in Brooklyn, New York, the company emphasizes transparency, sustainability, and innovative flavors, making it a standout in the U.S. chocolate industry.

All of Raaka’s products are gluten-, dairy-, and soy-free, and certified organic and kosher. The factory is allergen-free, ensuring no nuts, dairy, or gluten are present in almost all bars. Raaka practices transparent trade by paying significantly above the Fair Trade price for cacao. For instance, in 2022, they paid $5.20 per kg for cacao from the Dominican Republic and $5.00 per kg from Tanzania, compared to the Fair Trade price of $2.71 per kg.

Raaka offers unique, high-quality chocolate bars, including the sugar-free 100% Cacao Dark Chocolate, the naturally sweet Strawberry & Coconut 80% Dark Chocolate, and the Bourbon Cask Aged bar with maple sugar for a distinct flavor.

12. Chocolove

Insider Monkey Score: 0.31 

Chocolove is renowned for producing premium European-style chocolate in the United States, with its headquarters located in Boulder, Colorado. The company produces 26 different chocolate bars, each with distinct flavors and cocoa content clearly stated on the packaging, which was a pioneering move in the U.S. market. Chocolove products are widely available through major retail chains and online platforms, making them easily accessible to consumers across the United States. Recent expansions have included availability at Target stores, further increasing their market reach.

11. Vosges Haut-Chocolate 

Insider Monkey Score: 0.37 

Founded in 1998 by Katrina Markoff in Chicago, Illinois, Vosges Haut-Chocolat pioneered the concept of exotic chocolate by fusing spices, herbs, nuts, and flavors from around the world with premium chocolate. Vosges prioritizes non-GMO, traceable cacao for ethical sourcing and quality. As a certified WBE and DBE, the company delivers sustainable luxury in its signature purple boxes. Limited edition offerings, such as the Nordic Forest Chalet Chocolate Calendar of Advent, showcase the brand’s creativity and attention to detail.

10. Cadbury

Insider Monkey Score: 0.43 

Cadbury, a brand under Mondelez International, is recognized as one of the highest-quality chocolate brands in the United States. Founded in 1824 in Birmingham, England, Cadbury has a long-standing tradition of producing high-quality chocolate products. The brand is particularly known for its Dairy Milk chocolate bar, which has become iconic globally. As of 2023, Cadbury’s brand value is estimated at $3.83 billion, reflecting a remarkable growth of 47.6% from the previous year.

Cadbury emphasizes the use of quality ingredients in its products. The brand’s commitment to high standards is evident in its sourcing practices, where it aims to use sustainably sourced cocoa. The company’s famous slogan, “There’s a Glass and a Half in Everyone,” highlights its dedication to rich and creamy chocolate experiences.

9. John Kelly

Insider Monkey Score: 0.5 

John Kelly Chocolates, founded in 2004 by John Kelson and Kelly Green, has established itself as one of the premier chocolate brands in the United States.  The founders emphasize using all-natural ingredients, including fair trade chocolate, which is non-GMO, soy-free, and gluten-free, catering to a health-conscious consumer base.

The brand’s flagship product, truffle fudge, is described as having a silky ganache-like center coated in chocolate. This innovative twist on traditional fudge has garnered attention for its unique texture and flavor profile. In addition to truffle fudge, John Kelly offers a diverse range of products including walnut caramel clusters, molded chocolates, salted caramels, and chocolate-dipped fruits.

Page 1 of 9

AI Fire Sale: Insider Monkey’s #1 AI Stock Pick Is On A Steep Discount

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

The whispers are turning into roars.

Artificial intelligence isn’t science fiction anymore.

It’s the revolution reshaping every industry on the planet.

From driverless cars to medical breakthroughs, AI is on the cusp of a global explosion, and savvy investors stand to reap the rewards.

Here’s why this is the prime moment to jump on the AI bandwagon:

Exponential Growth on the Horizon: Forget linear growth – AI is poised for a hockey stick trajectory.

Imagine every sector, from healthcare to finance, infused with superhuman intelligence.

We’re talking disease prediction, hyper-personalized marketing, and automated logistics that streamline everything.

This isn’t a maybe – it’s an inevitability.

Early investors will be the ones positioned to ride the wave of this technological tsunami.

Ground Floor Opportunity: Remember the early days of the internet?

Those who saw the potential of tech giants back then are sitting pretty today.

AI is at a similar inflection point.

We’re not talking about established players – we’re talking about nimble startups with groundbreaking ideas and the potential to become the next Google or Amazon.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 10,000% Return: This AI Stock is a Diamond in the Rough (But Our Help is Key!)

The AI revolution is upon us, and savvy investors stand to make a fortune.

But with so many choices, how do you find the hidden gem – the company poised for explosive growth?

That’s where our expertise comes in.

We’ve got the answer, but there’s a twist…

Imagine an AI company so groundbreaking, so far ahead of the curve, that even if its stock price quadrupled today, it would still be considered ridiculously cheap.

That’s the potential you’re looking at. This isn’t just about a decent return – we’re talking about a 10,000% gain over the next decade!

Our research team has identified a hidden gem – an AI company with cutting-edge technology, massive potential, and a current stock price that screams opportunity.

This company boasts the most advanced technology in the AI sector, putting them leagues ahead of competitors.

It’s like having a race car on a go-kart track.

They have a strong possibility of cornering entire markets, becoming the undisputed leader in their field.

Here’s the catch (it’s a good one): To uncover this sleeping giant, you’ll need our exclusive intel.

We want to make sure none of our valued readers miss out on this groundbreaking opportunity!

That’s why we’re slashing the price of our Premium Readership Newsletter by a whopping 70%.

For a ridiculously low price of just $29.99, you can unlock a year’s worth of in-depth investment research and exclusive insights – that’s less than a single restaurant meal!

Here’s why this is a deal you can’t afford to pass up:

• Access to our Detailed Report on this Game-Changing AI Stock: Our in-depth report dives deep into our #1 AI stock’s groundbreaking technology and massive growth potential.

• 11 New Issues of Our Premium Readership Newsletter: You will also receive 11 new issues and at least one new stock pick per month from our monthly newsletter’s portfolio over the next 12 months. These stocks are handpicked by our research director, Dr. Inan Dogan.

• One free upcoming issue of our 70+ page Quarterly Newsletter: A value of $149

• Bonus Reports: Premium access to members-only fund manager video interviews

• Ad-Free Browsing: Enjoy a year of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.

• 30-Day Money-Back Guarantee:  If you’re not absolutely satisfied with our service, we’ll provide a full refund within 30 days, no questions asked.

 

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $29.99.

2. Enjoy a year of ad-free browsing, exclusive access to our in-depth report on the revolutionary AI company, and the upcoming issues of our Premium Readership Newsletter over the next 12 months.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!


No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a year later!

A New Dawn is Coming to U.S. Stocks

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…