Press release
Compound Chocolate Market: Coronavirus Impact - Key Takeaways; Key Players- Cargill, Archer Daniels Midland Company, Barry Callebaut Group, Wilmar International and more
Top Leaders Overview:
Some of the leading players operating in the global market includes;
• Cargill
• Archer Daniels Midland Company
• Barry Callebaut Group
• Wilmar International
• Blommer Chocolate Company
Increasing Usage of Compound Chocolates to Boost Growth in Bakery Segment
The report classifies the global compound chocolate market on the bases of three segments, namely, by type, by application, and by geography. In terms on type, the market is further divided into stab, chip, coatings, and others. Out of these, the coatings segment is gaining impetus and growing rapidly. This is because it is used for numerous purposes. Chocolate-coated sweets, for instance, is popular across the globe.
Browse Complete Report:
https://www.fortunebusinessinsights.com/industry-reports/compound-chocolate-market-100735
This in turn, has resulted in higher demand for the compound coating segment. By application, the market is grouped into bakery, dairy, confectionary, and others. Amongst these, bakery application is one of the largest sectors for compound chocolates. This is because the bakers have started replacing couverture chocolate with compound chocolate.
Rise in Demand for Premium Chocolates Likely to Favor Growth of Market in Europe
The global compound chocolate market is geographically divided into North America, the Middle East and Africa, Europe, Latin America, and Asia Pacific. South America and Asia Pacific are anticipated to witness growth in the compound chocolate market during the forecast period. This is mainly because of a rise in the number of production bases, increasing melting resistance, and high potential of exports to the western markets.
Reasonable rates and suitable production scenario for cocoa powder have in turn, resulted in the growth of compound chocolate market in these regions. Europe, on the other hand, is anticipated to exhibit notable growth of the compound chocolate market because of people’s shift towards premium range of chocolates. Premium chocolates in this region are made with compound chocolates.
Major Segmentation includes:
By Type
• Chip
• Slab
• Coatings
• Others
By Application
• Confectionery
• Bakery
• Dairy
• Others
By Geography
Get Sample PDF:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/compound-chocolate-market-100735
The Middle East and Africa are projected to emerge as flourishing regions during the forthcoming years. This will occur due to the availability of abundant raw materials and promising consumption dynamics. Also, a rise in the demand for premium bakery products is predicted to contribute to the growth of compound chocolate market in the Middle East.
Barry Callebaut, Cargill Cocoa & Chocolate, and Other Prominent Market Players Aim to Increase Sales Through Innovative Product Launches
Barry Callebaut one of the largest producers and grinders of cocoa, headquartered in Switzerland, announced the launch of its range of premium chocolate compounds and couverture chocolates in August 2018, under Van Houten, a traditional European brand, in India. It was done to give the professional chefs and artisans access to the intensity of flavor and color of compounds and chocolates in their recipes.
Cargill Cocoa & Chocolate, a global supplier of high quality chocolate and cocoa products, unveiled the new additions to its fillings and coatings range for snacks and bakery. According to the company, these new products will broaden the manufacturers’ capabilities. This is because of the modern innovations that are created to respond to the customer preferences and key trends.
Have Any Query? Ask Our Research Experts
https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/compound-chocolate-market-100735
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 939123ac
APAC : +91 744 740 1245
Email: sales@fortunebusinessinsights.com
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 Compound Chocolate Market: Coronavirus Impact - Key Takeaways; Key Players- Cargill, Archer Daniels Midland Company, Barry Callebaut Group, Wilmar International and more here
News-ID: 2127133 • Views: …
More Releases from Fortune BUsiness Insights
Future of Renewable Energy Market Insights: Growth Drivers, and Regional Develop …
Global Renewable Energy Market Overview
The global renewable energy market size was valued at USD 954 billion in 2023. The market is projected to grow from USD 1,020.94 billion in 2024 to USD 1,574.17 billion by 2032, exhibiting a CAGR of 5.56% during the forecast period. Asia Pacific dominated the renewable energy market with a market share of 67.76% in 2023. The Renewable energy market in the U.S. is projected to…
DC Drives Market Overview: Opportunities, Growth Drivers, and Key Applications
Market Overview
The global DC drives market size was valued at USD 4.34 billion in 2018 and is projected to reach USD 9.23 billion by 2032, exhibiting a CAGR of 5.59% during the forecast period of 2019-2032. Asia Pacific dominated the global market with a share of 28.8% in 2018. The DC drives market in the U.S. is projected to grow significantly, reaching an estimated value of USD 1.59 billion by…
Humanoid Robots Market: An In-depth B2B Analysis of Size, Share, and Future Grow …
Brief Market Overview:
The global humanoid robots market is rapidly transitioning from a nascent field into a major growth sector, with its value escalating from USD 2.43 billion in 2023 to a projected USD 66.0 billion by 2032, demonstrating a remarkable CAGR of 45.5%.
These complex machines, which merge mechanical, electrical, and software engineering, are moving beyond research labs into real-world applications across industrial, service, and household sectors. This explosive growth…
Methanol Market Poised for Remarkable Growth, set to Reach USD 46.32 billion by …
The global methanol market size was valued at USD 31.26 billion in 2023. It is projected to grow from USD 32.70 billion in 2024 to USD 46.32 billion by 2032, exhibiting a CAGR of 4.5% during the forecast period.
The global methanol market size is set to gain traction from the urgent need to lower environmental pollution caused by the surging usage of heavy fuels, such as diesel and gasoline. Pollution…
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…
