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Chocolate Market Booming in 2019: Existing and Future Growth Insights of Leading Key Players Like Ferrero, Ezaki Glico, Nestle, Mars, Mondelez, Blommer, Lindt, Godiva, Barry Callebaut, Stella Bernrain, Brookside, Hershey's, Kinder among others

05-16-2019 04:25 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Worldwide Market Reports

Chocolate Market Share

Chocolate Market Share

Global Chocolate Market was valued at US$ 99.60 Billion in 2016, according to Chocolate Market Report by Price Range (Economic Chocolate, Mid-Range Chocolate, Premium Chocolate), by Flavor (White Chocolate, Milk Chocolate, Dark Chocolate), by Product Types (Box Chocolate, Chocolate Countlines, Chocolate Straightlines, Molded Bars, Novelties, and Others), by Distribution Channels (Supermarket, Hypermarket, Convenience Store, Online Channel, Departmental Store, and Others), published by Coherent Market Insights. The Chocolate Market is expected to register a CAGR of 6.6% over the forecast period (2017 - 2025) to reach US$ 172.22 billion by 2025.

Browse a Sample Copy of this Report: www.worldwidemarketreports.com/sample/202388

During the festive season, the chocolate demand reaches its peak backed by huge sales of numerous chocolate products. Moreover, the health benefits of chocolate, such as suppressing the blood-pressure, antioxidant enrichment, anti-aging, and relieving stress are the advantages contributing to the growth of chocolate market globally. According to Health and Human Services, there was 11% reduction in cholesterol of the patients after 15 days of consumption of dark chocolate. However, fluctuating raw material prices, supply instability, and political instability in the economies manufacturing cacao are the restraints for the growth of global chocolate market.
Browse 200 market data tables* and 90 figures* on ""Chocolate" - Global forecast to 2025.

The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.

Market Segment by Manufacturers, this report covers:
Ferrero, Ezaki Glico, Nestle, Mars, Mondelez, Blommer, Lindt, Godiva, Barry Callebaut, Stella Bernrain, Brookside, Hershey's, Kinder

Key Trends and Analysis of Chocolate Market:

• On the basis of flavor, milk chocolate segment dominates the global chocolate market, followed by dark chocolate. Milk chocolate market contributed to 39.65% share in 2016 and it is growing at a CAGR of 6.0% during the forecast period of 2017 - 2025. Dark chocolate is fastest growing segment growing with a CAGR of 8.3% during the forecast period. Dark chocolate are made from cocoa, which has major health benefits, such as blood flow rate improving and it can reduce the risk of cardiovascular diseases. Therefore, with increase in awareness about the benefits of dark chocolate market for the same is expected to increase over the forecast period.

• In the product type, molded bars segment is dominant. It was valued at US$ 35.34 billion in 2016 and it is growing with a CAGR of 6.7% during the forecast period of 2017 – 2025.

• The Middle East and Africa are witnessed to have a significant growth in the chocolate market. The major regions such as the U.S. and Europe are expanding their business in Africa and the consumption rate of the premium chocolates, such as Ferrero and Lindt are increasing at a fast pace in the Middle East. According to the Gulf News, chocolate market is huge in UAE with an estimated business of US$ 54.4 million annually.

• Asia Pacific is the fastest growing region in the global chocolate 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 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.

• Europe led the chocolate market and was valued at US$ 29.07 billion in 2016. Owing to the presence of large number of manufactures especially in U.K. and Germany. According to National Confectionary Association (NCA), Germany led one-fourth of the Western European in sales and consumption in 2016.

Else place an Inquire before Purchase “Global Chocolate Market Size, Status and Forecast 2025: www.worldwidemarketreports.com/quiry/202388

Market Segments Coverage of Chocolate are-

Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Chocolate in these regions, from 2013 to 2025 (forecast), covering
North America
Europe
China
Japan
Southeast Asia
India

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Milk
Dark
White
others

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
Boxed
Countlines
Molded Bars
Seasonal Chocolates
Straightlines
Others

There are 15 Chapters to deeply display the global Chocolate market.
Chapter 1, to describe Chocolate Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Chocolate, with sales, revenue, and price of Chocolate, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Chocolate, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the key regions, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Chocolate market forecast, by regions, type and application, with sales and revenue, from 2018 to 2025;
Chapter 13, 14 and 15, to describe Chocolate sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source

Talk to Analyst: www.worldwidemarketreports.com/speakanalyst/202388

About Us:
Worldwide Market Reports is your one-stop repository of detailed and in-depth market research reports compiled by an extensive list of publishers from across the globe. We offer reports across virtually all domains and an exhaustive list of sub-domains under the sun. The in-depth market analysis by some of the most vastly experienced analysts provide our diverse range of clients from across all industries with vital decision making insights to plan and align their market strategies in line with current market trends.

Mr. Shah
Worldwide Market Reports
Tel: +1 415 871 0703
Email: sales@worldwidemarketreports.com

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