Chocolate Syrup Market Growing Demand and High Consumption Ratio Towards 2024: Hershey's, Nesquik (Nestle), Santa Cruz Organic, Torani, Smucker's, AHLASKA, Heb, Fox Syrups, Bosco, Walden Farms

Chocolate Syrup syrup is a sweet, Chocolate Syrup-flavored condiment. It is often used as a topping or dessert sauce for various desserts, such as ice cream, or mixed with milk to make Chocolate Syrup milk or blended with milk and ice cream to make a Chocolate Syrup milkshake.
Chocolate Syrup syrup is also used to top puddings and cakes. Some restaurants use an artistic drizzling of Chocolate Syrup syrup to decorate servings of cheesecake or cake, along with other decorations such as cocoa powder, powdered sugar or Chocolate Syrup shavings. Some brands of Chocolate Syrup syrup are marketed as Chocolate Syrup milk syrup (e.g., Nesquik). Other brands are marketed as ice cream sundae toppings.

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Hershey's
Nesquik (Nestle)
Santa Cruz Organic
Torani
Smucker's
AHLASKA
Heb
Fox Syrups
Bosco
Walden Farms

On the basis of product, this report displays the sales volume (K MT), revenue (Million USD), product price (USD/MT), market share and growth rate of each type, primarily split into
Conventional Chocolate Syrup Syrup
Organic Chocolate Syrup Syrup

On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume (K MT), market share and growth rate of Chocolate Syrup Syrup for each application, includin
Coffee
Ice-cream
Cakes
Others

Asia Pacific is the fastest growing region in the global Chocolate Syrup market. It is valued at US$ 26.75 billion in 2016 and it is growing at a CAGR of 8.5%, owing mainly to the rise in disposable incomes of the consumers. Moreover, influence of western habits and culture have augmented the growth of multinational companies, such as Mars, Hershey's, Ferrero, and Ghirardelli in this region. The economies such as Japan, China, South Korea, and India are the major markets of these brands and contribute to the growth of Chocolate Syrup market globally. Cadbury India, was associated with the highest sales over the past few decades, owing to the most attractive brand during the festive reason of this country.

By price range, economy range Chocolate Syrup has the highest demand. During festivals such as Christmas, Easter, and Diwali demand for economy range and mid-range Chocolate Syrup is high due to large population of low-income economy. According to World Bank PovcalNet Database, around 56% of global population is low-income and around 13% is middle-income population. Among products type, molded bars have the highest shares and it was valued at US$ 35.34 billion in 2016.

According to the International Cocoa Organization, the net sales of the Mars Inc. was at the peak in 2016 with US$ 18000 Million followed by, Mondelez International with US$ 12,900 Million.

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