Press release
Chocolate Market to Hit USD 195.58 Bn and Emergent Growth Rate of 5.1 percent by 2029: Industry Analysis and Forecast (2022-2029) Trends, Statistics, Dynamics, segmentation
Pune 22 Feb 2023: As per the report published by Maximize Market research, a global business research and consultancy firm, the total global market for "Chocolate Market" was USD 131.37 Bn in 2021 and is expected to grow at a CAGR of 5.1 percent over the forecast period to reach USD 195.58 Bn by 2029.Chocolate Market Report Scope and Research Methodology
The report provides a thorough analysis of the global, local and regional Chocolate Market. It also provides an in-depth analysis of the market and includes meaningful Insights, facts and industry-validated market statistics. The report provides the Chocolate market size estimation along with existing as well as future trends. The report includes primary as well as secondary data collection approaches with qualitative and quantitative methods. The primary data approach includes interviews with significant opinion leaders and Industry experts such as Business owners, market owners marketing specialists. The secondary data method is a combination of the reviews of the financial and annual reports of top manufacturers. To understand Chocolate market penetration, the report provides a demand and pricing analysis of the competitive markets for Chocolate.
Know More About The Report: https://www.maximizemarketresearch.com/market-report/global-chocolate-market/13157/
For a segment-wise analysis of the Chocolate market, it is divided by Product, Sales Category and Distribution channel. The report provides information on market risks, restraints, drivers and opportunities, and market barriers and challenges. SWOT analysis was used to identify the strength and weaknesses of the Chocolate market while PESTLE was used to provide information about the business direction and growth targets of the Chocolate market.
Increasing demand for sugar-free and organic Chocolates drives the growth of the market
An increasing preference towards the health conscious and rising awareness about the harmful effects of synthetic products resulted in increasing demand for sugar-free, gluten-free and organic products.
During the forecast period, the market growth is expected to be driven by an increase in the prevention of cardiac diseases and premiumization of the Chocolate -based products. Chocolate's antioxidant content and blood pressure-lowering quality help to increase the demand for chocolate-related products. The market growth is expected to be hampered by fluctuations in the price of the raw materials of cocoa beans as well as cocoa butters.
Request For Free Inquiry Report : https://www.maximizemarketresearch.com/inquiry-before-buying/13157
Europe holds the Chocolate Market during the forecast period
In 2021, Europe dominated the largest market share at 45 percent. The regional market growth is driven by increasing the popularity of natural ingredients among consumers, rising the production facilities for confectionery and increasing the innovation of new flavors in chocolates.
In 2021, the North American region held the second-largest chocolate market share due to increasing demand for chocolate confectionery and rising consumption. During the forecast period, the market is expected to grow at the fastest CAGR of 6.9 percent. This is due to customer preference towards the changing lifestyles based on the western culture and rising disposable income.
Chocolate Market Segmentation
By Product
Milk Chocolate
Dark Chocolate
White Chocolate
By Sales Category
Everyday Chocolate
Premium Chocolate
Seasonal Chocolate
By Distribution Channel
Online Channel
Departmental Store
Supermarket
Hypermarket
Others
Chocolate Market Key Players include:
Kraft Foods
Nestle
Moonstruck Chocolatier Co.
Mars Inc.
Ghirardelli Chocolate Co.
Ferrero Group
Hershey Foods Corp.
Cadbury
Meiji Co Ltd
Arcor
Ezaki Glico Co Ltd
August Storck KG.
Barry Callebaut
Amul
Lindt & Sprüngli Ag.
Chocoladefabriken Lindt & Sprungli
Cargill
Olam International
Fuji Oil Company Ltd.
ECOM Agroindustrial Corporation Ltd.
Cocoa Processing Co. Ltd.
Touton S. A.
BD Associates Ghana Ltd.
Request For Free Sample Report : https://www.maximizemarketresearch.com/request-sample/13157
Table of for Global Chocolate Market:
Global Chocolate Market: Research Methodology
Global Chocolate Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Chocolate Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Chocolate Market Segmentation
Global Market, by Product (2021-2029)
Global Market, by Sales Category (2021-2029)
Global Market, by Distribution Channel (2021-2029)
Purchase Report : https://www.maximizemarketresearch.com/checkout/?method=PayPal&reportId=13157&type=Single%20User
Regional Global Chocolate Market(2021-2029)
Regional Market, by Product (2021-2029)
Regional Market, by Sales Category (2021-2029)
Regional Market, by Distribution Channel (2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis of the Product, Sales Category , Distribution Channel and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Maximize Market Research Food & Beverages research firm, has also published the following reports:
Chocolate Beer Market: Global Industry Analysis (2022-2029) : know more
https://www.maximizemarketresearch.com/market-report/global-chocolate-beer-market/17210/
Confectionery Market- Global Industry Analysis and Forecast (2022-2029) : know more
https://www.maximizemarketresearch.com/market-report/confectionery-market/145910/
Global Industrial Chocolate Market: Industry Analysis and Forecast (2021-2027) By Product type and Application. : know more
https://www.maximizemarketresearch.com/market-report/global-industrial-chocolate-market/121594/
White Chocolate Market: Global Industry Analysis and Forecast (2022-2029) : know more
https://www.maximizemarketresearch.com/market-report/global-white-chocolate-market/108339/
Global Chocolate inclusions & Decorative Market- Industry Analysis and Forecast (2020-2027) - By Type, End-Use, and Region. : know more
https://www.maximizemarketresearch.com/market-report/global-chocolate-inclusions-decorative-market/83036/'
Sugar-Free Cookies Market: Sugar-Free Cookies continue to gain popularity, seeing USD 22.60 billion in revenue in 2021: know more
https://www.maximizemarketresearch.com/market-report/sugar-free-cookies-market/167133/
Cookies Market: Global Industry Analysis and Forecast (2022-2029) : know more
https://www.maximizemarketresearch.com/market-report/global-cookies-market/33308/
Cookies & Cakes Market Analysis and Forecast (2021-2027) by Type, Distribution Channel and Region: know more
https://www.maximizemarketresearch.com/market-report/cookies-cakes-market/124419/
Coconut Sugar Market: The growing use of Coconut Sugar by the Food and Beverage sector to boost the market growth: know more
https://www.maximizemarketresearch.com/market-report/coconut-sugar-market/165214/
Contact Maximize Market Research:
3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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