openPR Logo
Press release

Chocolate Market Expanding at a CAGR of 5% during 2021-2026

09-09-2021 04:00 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Chocolate Market

Chocolate Market

According to the latest report by IMARC Group, titled "Chocolate Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026," the global chocolate market reached a value of US$ 125 Billion in 2020. Chocolates refer to consumable food items that are prepared by using roasted and ground cacao seeds that are found in the pods of the Theobroma cacao trees. The chocolate liquor and cocoa butter obtained from the beans are further mixed in varying proportions in order to manufacture dark, milk, white, and couverture chocolates. These edibles are widely available in the market in numerous forms, such as blocks, cubes and molten. They are rich in alkaloids, including phenethylamine, caffeine, theobromine and flavonoids. Consequently, they are commonly used as flavoring ingredients in the preparation of diverse beverages, bakery goods and confectionery products, such as cake, cookies, brownies, pudding, milkshakes, and ice creams.

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Request to get the sample report: https://www.imarcgroup.com/prefeasibility-report-chocolate-manufacturing-plant/requestsample

Global Chocolate Market Trends:

The global market is primarily driven by considerable growth in the food and beverages sector. This can be accredited to the inflating disposable income levels of the masses and their shifting dietary preferences, which has contributed to a rise in the consumption of ready-to-eat bakery and confectionery products, wherein chocolate is commonly utilized as an indispensable ingredient. The market is further driven by the increasing awareness regarding the numerous health benefits associated with dark chocolates. These variants comprise soluble fibers and bioactive compounds while being a rich source of antioxidants. As a result, moderate consumption of cocoa-rich chocolates is known to lower blood pressure levels, improve brain functions and minimize the chances of developing cardiac diseases. Supported by the rising sales of chocolates through organized online and offline retail channels, this is expected to provide a thrust to the market growth. Some of the other factors contributing to the market include the growing prominence of sugar- and gluten-free chocolates among health-conscious consumers, the widespread popularity of chocolates as festive gifts and the increasing premiumization of chocolate-based products. On account of the aforementioned factors, the market is expected to grow at a CAGR of around 5% during the forecast period (2021-2026).

Explore full report with table of contents: https://www.imarcgroup.com/prefeasibility-report-chocolate-manufacturing-plant

Competitive Landscape with Key players:

The report has also analysed the competitive landscape of the market with some of the key players being.

Arcor
Barry Callebaut
Chocoladefabriken Lindt & Sprüngli AG
Chocolaterie Guylian
Ferrero International
Mars Incorporated
Meiji Co. Ltd.
Mondelez International Inc. (Kraft Foods)
Moonstruck Chocolate Company
Nestlé S.A.
The Hershey Company

Chocolate Market Segmentation:

Our report has categorized the market based on region, product type, product form, application, pricing and distribution.

Breakup by Product Type:

White Chocolate
Milk Chocolate
Dark Chocolate
Others

Breakup by Product Form:

Molded
Countlines
Others

Breakup by Application:

Food Products
Bakery Products
Sugar Confectionery
Desserts
Others
Beverages
Others

Breakup by Pricing:

Everyday Chocolate
Premium Chocolate
Seasonal Chocolate

Breakup by Distribution:

Direct Sales (B2B)
Supermarkets/Hypermarkets
Convenience Stores
Online Stores
Others

Breakup by Region:

North America (United States, Canada)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:

Market Performance (2015-2020)
Market Outlook (2021-2026)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape

We are updating our reports, If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Competitive landscape, etc. Click request free sample report, the report will be delivered to you in PDF format via email within 24 to 48 hours after the payment confirmation.

Other Reports of IMARC Group:

India Roofing Market: https://www.imarcgroup.com/india-roofing-market

Oyster Market: https://www.imarcgroup.com/oyster-market

Oleoresin Market: https://www.imarcgroup.com/oleoresin-market

E-Pharmacy Market: https://www.imarcgroup.com/e-pharmacy-market

Virtual Events Market: https://www.imarcgroup.com/virtual-events-market

Light Sensors Market: https://www.imarcgroup.com/light-sensors-market

Flow Cytometry Market: https://www.imarcgroup.com/flow-cytometry-market

Solar Vehicle Market: https://www.imarcgroup.com/solar-vehicle-market

Metalworking Fluids Market: https://www.imarcgroup.com/metalworking-fluids-market

Frozen Pizza Market: https://www.imarcgroup.com/frozen-pizza-market

Contact US:

IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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 Chocolate Market Expanding at a CAGR of 5% during 2021-2026 here

News-ID: 2388320 • Views:

More Releases from IMARC Group

India Seafood Market Outlook 2025-2033: Key Trends, Size, Share and Growth Insights
India Seafood Market Outlook 2025-2033: Key Trends, Size, Share and Growth Insig …
As indicated in the latest market research report published by IMARC Group, titled "India Seafood Market Report by Type (Fish, Shrimps, Others), Form (Fresh/Chilled, Frozen/Canned, Processed), Distribution Channel (Off Trade, On Trade), and Region 2025-2033," this report provides an in-depth analysis of the industry, featuring insights into the market. It encompasses competitor and regional analyses, as well as recent advancements in the market. Market Size & Future Growth Potential: The India seafood
India Mutual Funds Market: Size, Share, Trends, Growth and Industry Outlook 2025-2033
India Mutual Funds Market: Size, Share, Trends, Growth and Industry Outlook 2025 …
Mutual Funds Market in India 2025: Base Year: 2024 Historical Years: 2019-2024 Forecast Years: 2025-2033 Market Size in 2024: USD 2.50 Billion Market Size in 2033: USD 5.90 Billion Market Growth Rate (CAGR) 2025-2033: 10.03% How Big is the India Mutual Funds Industry? The India mutual funds market size reached USD 2.50 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 5.90 Billion by 2033, exhibiting a growth rate (CAGR) of 10.03% during 2025-2033. Request
Dimethyl Ether Market Valuation to Reach USD 15.73 Billion by 2033 - Industry Expanding at a CAGR of 8.09%
Dimethyl Ether Market Valuation to Reach USD 15.73 Billion by 2033 - Industry Ex …
Market Overview: The dimethyl ether market is experiencing significant growth momentum, driven by increasing demand for cleaner fuel alternatives, expanding applications in various industries, and supportive government policies promoting sustainable energy solutions. According to IMARC Group's latest research publication, "Dimethyl Ether Market Size, Share, Trends and Forecast by Raw Material, Application, End-Use Industry, and Region, 2025-2033", the global dimethyl ether market size reached USD 7.22 Billion in 2024. Looking forward, IMARC
Glucometer Manufacturing Plant Report 2025: Unit Setup, Cost and Requirements, Project Economics
Glucometer Manufacturing Plant Report 2025: Unit Setup, Cost and Requirements, P …
Setting up a glucometer manufacturing plant requires thorough market research alongside a minute understanding of numerous operating factors such as unit processes, purchasing of raw materials, utility supply, infrastructure creation, equipment and technology specifications, human resource planning, logistics, and cash outlay. IMARC Group's report titled "Glucometer Manufacturing Plant Cost Analysis Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a

All 5 Releases


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