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Chocolate Market in the Era of COVID-19 | Mondelez International, Nestlé SA, Ferrero SpA, Mars, Incorporated

09-25-2020 02:18 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Report Ocean

Chocolate Market

Chocolate Market

Global Chocolate Market, By Type (Milk Chocolate, Dark Chocolate, and White Chocolate), By Category (Molded, Countlines, Pouches & Bags, Boxed & Others), By Distribution Channel (Retail Stores, Specialty Retailers and Online Distributors), By Region (North America, Europe, Asia Pacific, Middle East & Africa and Latin America), Growth Potential, Competitive Market Size and Forecast, 2025 Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Chocolate market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Chocolate market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get complete Report (Including Full TOC, List of Tables & Figures, Chart). - In-depth Analysis Pre & Post COVID-19 Market Estimates

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Chocolate, one of the mouthwatering foods which are relished by kids, young and middle-aged people. Consumers are now slowly shifting from traditional sweetmeats to the well-wrapped chocolates. Owing to raising awareness about the health benefits of consuming chocolate on a daily basis, shifting consumer preference and rising disposable income drive the demand for chocolate. An Increase in demand for healthy chocolates with a specific nutritional profile, in order to maintain a healthy diet, consumers are showing more interest in sugar- free chocolates. Nowadays chocolates are preferred at the most auspicious festivals like Diwali, Raksha Bandhan in countries India, Pakistan and Middle East Nations and also on occasions like birthdays, weddings and engagements. Additionally, the use of chocolate as functional foods due to high nutritional value and stress relieving ability coupled with an increase in seasonal and festival are likely to fuel market growth.

Milk Chocolate segment holds the largest market size of the entire chocolate market during the forecast period.

Milk chocolate is one of the most popular cocoa products made with a mixture of sugar, chocolate liquor and condensed milk or whole milk powder. As compared to the dark chocolate, milk chocolate melts easily and has a lighter color and a creamier texture. The chocolate helps in boosting memory, smoothening and hydrating the skin, reducing the risk of heart strokes and attacks, and improving the immune system. On account of these benefits, backed by the rising purchasing power of the consumers, there has been an increase in the consumption of milk chocolate. The dark chocolate segment is projected to attain a significant market share during the forecast period. Dark chocolate has several health benefits, like improves blood flow, enhances brain function, lowers blood pressure, and reduces the risk of heart diseases which aid to fuel the global chocolate market during the forecast period.

North America accounts for the largest market size in the global chocolate market during the forecast period.

North America accounts for the lion market share of the entire chocolate market due to the escalation in product innovations, and high disposable income. Changing consumer preferences has increased sales of foreign and premium chocolates in occasions such as valentine day, birthday will propel the market. The arrival of chocolate manufacturing multinationals, modern retail trade, changing urban lifestyles fuelled the growth of the chocolate industry. The Asia Pacific emerged as one of the fastest growing region owing to the rising influence of Western culture and habits in countries in the region. With increasing purchasing power, consumers are readily paying for taste and quality products.

Global Chocolate Market Competitive Landscape

Companies such as Mondelez International, Nestlé SA, Ferrero SpA, Mars, Incorporated, Gujarat Cooperative Milk Marketing Federation Ltd., The Hershey Company, Meiji Co Ltd, Lindt & Sprüngli, Surya Food & Agro Ltd., ITC Limited, August Storck KG, Barry Callebaut, Ezaki Glico Co., Ltd., and Lotus Chocolate Company Limited are the leading player in chocolate market.

The in-depth analysis of the report provides the growth potential, upcoming trends and statistics of Global Chocolate Market size & forecast. The report promises to provide state-of-the-art technology of chocolate and industry insights which help decision makers to take sound strategic decisions. Furthermore, the report also analyzes the market drivers and challenges and competitive analysis of the market.

A combination of factors, including COVID-19 containment situation, end-use market recovery & Recovery Timeline of 2020/ 2021
covid-19 scenario Market Behavior/ Level of Risk and Opportunity End Industry Behavior/ Opportunity Assessment Expected Industry Recovery Timeline Business Impact Horizon
Opening of Economy by Q3 2020 xx xx xx xx
Recovery – Opening of Economy extended till Q4 2020 / Q1 2021 xx xx xx xx

Geographical Breakdown: Regional level analysis of the market, currently covering North America, Europe, China & Japan
Countries: Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam

In-Depth Qualitative COVID 19 Outbreak Impact Analysis Include Identification And Investigation Of The Following Aspects: Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, Porter’s Fiver Forces. The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios. The report basically gives information about the Market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.

(Check Our Exclusive Offer: Ask for Discount to our Representative)
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Changing Forecasts in a Time of Crisis: explores key issues, including:
• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size covering both the historic growth of the market, the impact of the Covid 19 virus and forecasting its recovery.
• Market segmentations break down market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery path of Covid 19 for all regions, key developed countries and major emerging markets.
• Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Key questions answered: The Study Explore COVID 19 Outbreak Impact Analysis

• What should be entry strategies, countermeasures to economic impact, and marketing channels?
• What are market dynamics?
• What are challenges and opportunities?
• What is economic impact on market?
• What is current market status? What’s market competition in this industry, both company, and country wise? What’s market analysis by taking applications and types in consideration?

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Key Points Covered in Chocolate Market Report:

Chapter 1: Overview of Chocolate Market: The Study Explore COVID 19 Outbreak Impact Analysis
• Definition
• Specifications
• Classification
• Applications
• Regions

Chapter 2: Market Competition by Players/Suppliers: Detailed Overview of COVID 19 Outbreak Impact Analysis
• Manufacturing Cost Structure
• Raw Material and Suppliers
• Manufacturing Process
• Industry Chain Structure

Chapter 3: Sales (Volume) and Revenue (Value) by Region: Detailed Overview of COVID 19 Outbreak Impact Analysis
• Sales
• Revenue and market share

Chapter 4, 5 and 6: Chocolate Market by Type, Application & Players/Suppliers Profiles: Detailed Overview of COVID 19 Outbreak Impact Analysis
• Market Share by Type & Application
• Growth Rate by Type & Application
• Drivers and Opportunities
• Company Basic Information

Chapter 7, 8 and 9: Chocolate Manufacturing Cost, Sourcing & Marketing Strategy Analysis: Detailed Overview of COVID 19 Outbreak Impact Analysis
• Key Raw Materials Analysis
• Upstream Raw Materials Sourcing
• Marketing Channel

Chapter 10 and 11: Chocolate Market Effect Factors Analysis and Market Size (Value and Volume) Forecast: Detailed Overview of COVID 19 Outbreak Impact Analysis

• Sales Volume, Revenue Forecast (by Type, Application & Region)

Chapter 12, 13, 14 and 15: Chocolate Market Research Findings and Conclusion, appendix and data source
• Methodology/Research Approach
• Data Source (Secondary Sources & Primary Sources)
• Market Size Estimation

Continued….
……..and view more in complete table of Contents

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Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

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