Press release
What's driving the Real and Compound Chocolate Market Growth? Prominent Players: Cargill Incorporated, CEMOI Group, The Hershey Company, Barry Callebaut AG, Nestlé S.A. and more
To Gain More Insights into the Market with Detailed Table of Content and Figures, Click Here:
https://www.fortunebusinessinsights.com/industry-reports/real-and-compound-chocolate-market-101681
List of prominent companies that are operating in the Real and Compound Chocolate Market are:
• Cargill Incorporated
• CEMOI Group
• The Hershey Company
• Barry Callebaut AG
• Nestlé S.A.
• Mars Incorporated
• Mondelez International
• Puratos Group
• Fuji Oil Company Limited
These differences are expected to create lucrative opportunities for market players to develop more affordable chocolate products which will be widely consumed in these fledgling economies. Low-cost chocolate products made by the likes of Nestle and Cadbury are already popular in countries like India. Introduction of newer compound chocolate varieties would broaden the sales horizons of these companies further.
According to the new Fortune Business Insights™ report, titled “Real and Compound Chocolate Market Size, Share & Industry Analysis, By Type (Real Chocolate and Compound Chocolate), By Form (Chips, Slabs, Coatings, and Others), By Application (Confectionery, Bakery, Dairy and Frozen Products, Beverages, and Others), and Regional Forecasts, 2019 – 2026”, the value of the market stood at USD 24.25 billion in 2018. The report additionally provides a comprehensive overview of the overall industry outlook that will play a major role in shaping the future of this market. Moreover, the report contains an in-depth analysis of the various drivers, factors, prospects, trends, and other dynamics that influence the share, size, and revenue, among other aspects, of the market during the forecast period.
Real chocolate consists of cocoa butter that is derived from the cacao bean and needs to undergo the process of tempering. Compound chocolate contains vegetable oil and tempering is not required.
Get Sample PDF:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/real-and-compound-chocolate-market-101681
Growing Demand for Premium Chocolate Offerings to Boost the Market
One of the leading real and compound chocolate market trends is the rising preference for specialty chocolate products, especially from the developed nations such as Germany and the US. As these countries have high disposable incomes, the demand for premium and indulgent confectionery items is persistently high. This demand is given an impetus by the growing awareness of the health benefits associated with chocolates. For instance, dark chocolate is rich with fibre and minerals along with large amounts of antioxidants. The demand for premium chocolate is also showing a positive trend in India and China where incomes are increasing.
Europe to Hold Lion’s Share; Asia-Pacific to Show Healthy Growth Trajectory
Europe is anticipated to lead the real and compound chocolate market share owing to the presence of some of the finest chocolate makers in the region. Moreover, climate in Europe supports the cultivation of high-quality cocoa beans which will provide an additional thrust to the market there. Readiness of consumers to splurge on premium chocolate products will drive the market in North America, which generated a revenue of USD 5.46 billion in 2018. Asia-Pacific will soar at a CAGR of 8.38%, making it the fastest growing region within this market. This will be a result of increasing demand for both real and compound chocolate products in the region.
Adoption of Environmentally-safe Processes to Stimulate Competition
According to the real and compound chocolate market analysis, major companies are undertaking measures that will be less harmful to the environment. Besides this, many players are investing in R&D to launch novel products to diversify their offerings.
Key Industry Developments:
• July 2019: Nestle came out with a first-of-its-kind specialty chocolate that is made entirely from the cocoa bean and its pulp, thereby eliminating the need to add refined sugar. The company plans to launch the first product in Japan by October 2019.
• December 2018: Cargill Incorporated released its “Protect Our Planet” action plan for achieving full cocoa bean traceability. The core of the plan involves stopping any further conversion of forests in Ghana and the Ivory Coast for cocoa cultivation
Get Discount:
https://www.fortunebusinessinsights.com/enquiry/check-discount/real-and-compound-chocolate-market-101681
Contact Us:
Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
Phone:
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
Email: sales@fortunebusinessinsights.com
Website: Fortune Business Insights
Follow us on:
LinkedIn | Twitter | Blogs
About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release What's driving the Real and Compound Chocolate Market Growth? Prominent Players: Cargill Incorporated, CEMOI Group, The Hershey Company, Barry Callebaut AG, Nestlé S.A. and more here
News-ID: 1895682 • Views: …
More Releases from Fortune Business Insights™
World Environment Day 2023: How Saving Water Can Help Us Save The Environment
Wastewater comes from homes, businesses, industrial sites and farms, as well as any stormwater or groundwater that enters the sewer system.
Specialised treatment plants process this wastewater. A combination of technologies is used to achieve the treatment objectives, based on the character of raw wastewater and use of the treated wastewater. These processes include primary, secondary and tertiary treatment. Our research, published today, found wastewater treatment removes a lot of particles,…
Cosmetics Market Research Analysis by Top Key Players, Types, New Trends and For …
The global cosmetics industry was valued at USD 277.67 billion in 2020 and is projected to grow from USD 287.94 billion in 2021 to USD 415.29 billion in 2028, exhibiting a CAGR of 5% during the 2021-2028 period.
In recent times, demand for makeup and skincare products has surged dramatically. Both men and women use it to enhance their overall appearance. The industry offers a wide variety of products, such as hair care, face care,…
Aquafeed Market Trends, Growth, Share, Size and Forecast Research Report 2028
The global aquafeed market size is anticipated to reach USD 85.17 billion by 2028 and exhibit a CAGR of 5.59% during the forecast period. The increasing popularity of aquafeed and the rising investments in the research and developments activities are projected to foster growth for the market. The market's growth is also ascribable to the increasing seafood trade due to the soaring seafood consumption and consumer expenditure on fish and…
Cricket Equipment Market Demand, Recent Trends, Size and Share Estimation by 202 …
The global cricket equipment market size was valued at USD 564.43 million in 2021 and USD 594.46 million in 2022. The market is expected to reach USD 897.02 million by 2029 with a CAGR of 6.05% during the forecast period. Growing demand for cricket bats and equipment from various institutions schools, colleges, cricket clubs, and fitness centers is anticipated to drive market growth. Increasing demand for customized sports products and cricket accessories…
More Releases for Chocolate
Bean-to-bar Chocolate Market Players Gaining Attractive Investments: Dandelion C …
The Latest Study Published by HTF MI Research on the "Bean-to-bar Chocolate Market'' evaluates market size, trend and forecast to 2030. The Bean-to-bar Chocolate market study includes significant research data and evidences to be a practical resource document for managers and analysts is, industry experts and other key people to have an easily accessible and self-analysed study to help understand market trends, growth drivers, opportunities and upcoming challenges as well…
Bean-to-bar Chocolate Market Outlook 2031 Findings By Key Players-Taza Chocolate …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- According to 𝐌𝐑𝐈, the global Bean-to-bar Chocolate Market size in terms of revenue was valued at around USD XX.X billion in 2023 and is expected to reach a value of 𝐔𝐒𝐃 𝐗𝐗.𝐗 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 𝟐𝟎𝟑𝟏, growing at a 𝐂𝐀𝐆𝐑 𝐨𝐟 𝐫𝐨𝐮𝐠𝐡𝐥𝐲 𝐗𝐗.𝐗% 𝐟𝐫𝐨𝐦 𝟐𝟎𝟐𝟒 𝐭𝐨 𝟐𝟎𝟑𝟏. The global Bean-to-bar Chocolate market is projected to grow at a significant growth rate due to several driving factors.
The market for bean-to-bar chocolate is expanding significantly due…
Chocolate Ingredients Market by Type (Milk, Cocoa, Lecithin, Flavors, Others), C …
Data Bridge Market Research analyses that the global chocolate ingredients market to account USD 9.20 billion by 2028 and growing at a CAGR of 4.25% in the forecast period of 2021-2028.
Chocolate Ingredients market research report provides data and information about the scenario of ABC industry which makes it easy to be ahead of the competition in today's speedily altering business environment. Analytical study of this market report aids in formulating…
Sea Salt Chocolate Market Seeking Excellent Growth | GODIVA, Skellings Chocolate …
The latest 125+ page survey report on Global Sea Salt Chocolate Market is released by HTF MI covering various players of the industry selected from global geographies like North America Country (United States, Canada), South America, Asia Country (China, Japan, India, Korea), Europe Country (Germany, UK, France, Italy), Other Country (Middle East, Africa, GCC). A perfect mix of quantitative & qualitative Market information highlighting developments, industry challenges that competitors are…
Milk Chocolate Market ||Ezaki Glico, Kinder Chocolate, Blommer Chocolate, Godiva …
Zion Market Research published a new 110+ pages industry research "Global Milk Chocolate Market Is Expected To Reach Around USD 90.65 Billion By 2025" is exhaustively researched and analyzed in the report to help market players to improve their business tactics and ensure long-term success. The authors of the report have used easy-to-understand language and uncomplicated statistical images but provided thorough information and detailed data on the Global Milk Chocolate…
Dark Chocolate Market By Type (70% Cocoa Dark Chocolate, 75% Cocoa Dark Chocolat …
Global Dark Chocolate Market Analysis
According to Verified Market Research, The Global Dark Chocolate Market was valued at USD 44.09 Billion in 2018 and is projected to reach USD 83.34 Billion by 2026, growing at a CAGR of 8.26% from 2019 to 2026.
What is Dark Chocolate?
Dark chocolate is chocolate without milk solids added and has a more prominent chocolate taste than milk chocolate and hence the dark chocolate is more prone…
