Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Chocolate Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of around 4.6% during the review period (2022 to 2027).
Chocolate is one of the most profitable parts of the worldwide confectionary sector. Since the last decade, the chocolate industry has been a multibillion-dollar industry that is likely to continue to develop in the next years. Over the next few years, rising knowledge of the health benefits of eating chocolate on a regular basis will continue to be a major driver of the global chocolate market.Chocolate consumption also reduces the release of cortisol, a stress hormone. Rather than relying on medication, customers could incorporate ingredients in their normal diet that reduce health issues. Chocolate is likely to continue to grow in popularity in the coming years due to its ability to ease the mind and induce happiness.
The demand for cocoa in chocolate goods has risen, prompting manufacturers to blend higher-quality products to match rising consumer tastes. Furthermore, chocolates have been identified as one of the best pressure relievers and anti-aging confectionary goods, which is expected to increase demand for chocolate-based products.
Top Key players in the Chocolate Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Metal Plating and Chocolate Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report includes Barry Callebaut, Stella Bernrain, Lindt, Chocolat Frey, Chocolats Halba, Läderach, Felchlin, Pfister Chocolatier, Favarger, Camillebloch, Alprose, Gysi, Cailler (Nestle), Villars, Mondel?z International, Maestrani Schweizer Schokoladen, Confiserie Sprüngli
Barry Callebaut Introduces Dairy-Free Compound to Satisfy the Growing Demand for Plant-Based Solutions
November 03, 2021
Barry Callebaut, the world’s leading manufacturer of high-quality chocolate and cocoa products, announced today the launch of its latest new dairy-free and plant-based solution, Dairy-Free Compounds under its namesake brand. This new chocolate product innovation joins Barry Callebaut’s North American existing Plantcraft range of dairy-free chocolates, nuts, cocoa powders, and cacaofruit experience ingredients.
By Type, it is segmented into
European consumers place greater emphasis on the quality of chocolates, owing to increasing health concerns involving cheaper chocolates in the region and a surge in the popularity of fine cocoa. Therefore, European consumers are willing to pay more for chocolate products that meet their demand. The European consumer’s paradigm shift toward high-quality chocolate products (such as single-origin chocolates, organic chocolates, handmade chocolates, artisan chocolates, etc.) is a major factor driving the chocolate market in the region. There is a tremendous demand for dark chocolates, as they have lower amounts of sugar, paired with a rich bitter taste of concentrated cocoa.
All these factors greatly affect the Chocolate Market growth. It further aims at providing complete overview on detailed assessment of significant features of different industries including sales volume, market revenue, and demand size, sales growth, pricing analysis and changing market growth factors in regions such as Follows,
The Chocolate Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Chocolate Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report Attributes
|
|
Report Details |
Forecast Period 2022 to 2028 CAGR |
|
|
By Type |
|
|
By Applications |
|
|
By Companies
|
|
Barry Callebaut, Stella Bernrain, Lindt, Chocolat Frey, Chocolats Halba, Läderach, Felchlin, Pfister Chocolatier, Favarger, Camillebloch, Alprose, Gysi, Cailler (Nestle), Villars, Mondel?z International, Maestrani Schweizer Schokoladen, Confiserie Sprüngli |
Regions Covered
|
|
|
Countries Covered |
|
|
Base Year
|
|
2022 |
Historical Year
|
|
2017 to 2021 |
Forecast Year
|
|
2022 to 2027 |
Number of Pages |
| 120 |
Customization Available
|
| Yes, the report can be customized as per your needs |
Key Takeaways from this Healthcare IT Report
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
What is the study period of this market?
The Chocolate Market is studied from 2017 - 2027.
What is the growth rate of Chocolate Market?
The Chocolate Market is growing at a CAGR of 4.6% over the next 5 years.
Who are the key players in Chocolate Market?
Barry Callebaut, Stella Bernrain, Lindt, Chocolat Frey, Chocolats Halba, Läderach, Felchlin, Pfister Chocolatier, Favarger, Camillebloch, Alprose, Gysi, Cailler (Nestle), Villars, Mondel?z International, Maestrani Schweizer Schokoladen, Confiserie Sprüngli
What region does this Chocolate Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Chocolate Market?
Chocolate Bars, Flavoring Ingredient,Others
What are the major Applications of Chocolate Market?
Dark Chocolate, Others
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
Reach us with your research requirements and we shall provide the optimum solution to suit your needs.
Discounts available for multiple report purchases.