Chocolate Market 2022-2028: Global Size, Share, Growth, Trends

Precision Business Insights published a research report on "Chocolate Market by Type (Dark Chocolate and Milk and White Chocolate), By Dark Chocolate (Softlines/Selflines, Countlines, Molded Chocolates and Other Product Types), By Distribution Channel (Supermarkets/ Hypermarkets, Specialist Retailers, Convenience Stores, Online Channel and Other Distribution Channels) - Global/Region/Country Forecast to 2028".

Chocolate is one of the most lucrative parts of the worldwide confectionary sector. Since the last decade, the chocolate industry is growing to be a multibillion-dollar industry that is predicted to continue to develop in the next years. Over the next few years, rising knowledge of the health benefits of eating chocolate on a regular basis will continue to be a major driver of the global chocolate market. While industrialised countries have established and thriving chocolate markets, a shift in consumer particular tastes and increased expenditure on chocolate and other confectionery items have been recognised as important drivers of industry expansion, particularly in developing countries. Increasing urbanisation and widespread availability of chocolate and its derivatives will continue to drive the global chocolate industry. Chocolate's antioxidant content, blood pressure-lowering capabilities, and ostensibly anti-aging benefits will continue to drive consumption of chocolate as well as chocolate products. Dark chocolate with a higher cocoa content is highly advised for preventing or slowing down ageing and some disorders, such as cardiovascular disease. Chocolate demand will continue to be driven by these and other comparable potential benefits of chocolate in the global market.

View detailed report description here https://precisionbusinessinsights.com/market-reports/chocolate-market/

One of the primary reasons driving the market's growth is significant increase in the f&b industry. Additionally, rising consumer demand for moulded chocolates, which typically feature solid-shaped or segmented bar/block variations infused with various extra flavours or loaded with almonds, raisins, and other fillings, is boosting market growth. Furthermore, growing public knowledge of the health benefits of dark chocolate consumption is propelling the industry forward. Dark chocolate is believed to promote blood circulation in the body, improve brain function, lower blood pressure, and reduce the risk of heart disease when consumed in moderation.

The Global Chocolate Market on the basis of Product, the market is categorized into Traditional Chocolate as well as Artificial Chocolate. On the basis of Traditional Chocolate Type, the market is segregated into Dark Chocolate, Milk Chocolate, and White Chocolate. On the basis of Distribution Channel, the market is divided into Supermarket & Hypermarket, Convenience Store as well as Online.

The presence of a significant number of renowned international chocolate brands, as well as increased chocolate consumption, will continue to propel North America, particularly the United States, to the top of the market. Europe, led by the United Kingdom and Germany, will be another important market. However, APAC, primarily India and China, is predicted to grow at the quickest rate between 2016 and 2024. This increase can be ascribed to the growing impact of the Western lifestyle, as well as increased understanding of chocolate's health advantages. Seasonal as well as festive sales are projected to be popular in rising Asian economies like India.

Request sample report at https://precisionbusinessinsights.com/request-sample?product_id=38830

Some of the major key players in the Chocolate Market are Nestle SA, Fererro Group, Hershey Foods Corporation, Mondelez International (Cadbury), Mars IncMeiji Co Ltd, Kraft Foods, Moonstruck Chocolatier Co., Ghirardelli Chocolate Co.

Contact:
Mr. Satya
Precision Business InsightsTM | Toll Free: +1 866 598 1553
Email: sales@precisionbusinessinsights.com
Kemp House, 152 - 160 City Road, London EC1V 2NX
Web: https://precisionbusinessinsights.com/ | D U N S® Number: 85278174

Precision Business Insights:
We are a market research company that strives to provide the highest quality market research insights. Our diverse market research experts are enthusiastic about market research and therefore produce high-quality research reports. We have over 500 clients with whom we have a good business partnership and capacity to provide in-depth research analysis for more than 30 countries. In addition to deliver more than 150 custom solutions, we already have accounts with the top five medical device manufacturers.

Precision Business Insights offers a variety of cost-effective and customized research services to meet particular research requirements. We are a leading research service provider because of our extensive database built by our experts and the services we provide.

This release was published on openPR.