Press release
Chocolate Market to Reach USD 195.58 Bn by 2029, emerging at a CAGR of 5.1 percent and forecast 2023-2029
Chocolate Market Report Scope:This report delves into the nuances of the global chocolate market, exploring the industry's drivers, restraints, and the role of dark chocolate in the sector's growth.
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Chocolate Market Research Methodology:
A robust research methodology is employed, enabling the analysis of complex data and the presentation of findings in an easily understandable format, providing comprehensive insights into the global chocolate market.
What are Chocolate Market Dynamics:
Dark chocolate's potential health benefits, including antioxidant content, blood pressure-lowering qualities, and its alleged anti-aging properties, are driving the growing acceptance of chocolate and chocolate-related products. It has been observed that dark chocolate with a higher cocoa content is recommended for slowing the aging process and preventing certain diseases, including cardiovascular conditions. The anticipation of these and other potential health benefits is expected to boost chocolate consumption.
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What is 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
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Who are Chocolate Market Key Players:
1. Kraft Foods
2. Nestle
3. Moonstruck Chocolatier Co.
4. Mars Inc.
5. Ghirardelli Chocolate Co.
6. Ferrero Group
7. Hershey Foods Corp.
8. Cadbury
9. Meiji Co Ltd
10.Arcor
11.Ezaki Glico Co Ltd
12.August Storck KG.
13.Barry Callebaut
14.Amul
15.Lindt & Sprรผngli Ag.
16.Chocoladefabriken Lindt & Sprungli
17.Cargill
18.Olam International
19.Fuji Oil Company Ltd.
20.ECOM Agroindustrial Corporation Ltd.
21.Cocoa Processing Co. Ltd.
22.Touton S. A.
23.BD Associates Ghana Ltd.
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Table of content for the Chocolate Market includes:
Chocolate Market: Research Methodology
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
3. Chocolate Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
MandA 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
4.Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Chocolate Market Regional Insights:
In 2022, Europe dominated the global chocolate market, holding the largest market share of 45%. The region's growing popularity of sugar-free and fat-free chocolates, driven by increased health consciousness, is contributing to the growth of premium chocolates made from responsibly harvested cocoa from specific estates.
North America held the second-largest market It is a major supplier of cocoa, fulfilling the requirements of chocolate confectioneries, which has led to market growth.
The Asia-Pacific region is expected to grow at a higher CAGR of 6.9% in the global chocolate market during the forecast period. This growth can be attributed to the rise in disposable income in developing countries and shifts in lifestyle influenced by Western culture.
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Key Offerings:
Past Market Size and Competitive Landscape (2022 to 2029)
Past Pricing and price curve by region (2022 to 2029)
Market Size, Share, Size and Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
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
Lucrative business opportunities with SWOT analysis
Recommendations
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