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Crunchy Chocolate Market to Reach $28.10 Billion by 2030: Valued at $19.06 Billion in 2023, Growing at a 5.7% CAGR

08-13-2024 10:29 AM CET | Consumer Goods & Retail

Press release from: STELLAR MARKET RESEARCH

Crunchy Chocolate Market

Crunchy Chocolate Market

Anticipated Growth in Revenue:

The Crunchy Chocolate Market size was valued at USD 19.06 Bn. in 2023 and the total Global Crunchy Chocolate revenue is expected to grow at a CAGR of 5.7% from 2024 to 2030, reaching nearly USD 28.10 Bn. by 2030.

Crunchy Chocolate Market Overview:

"Crunchy Chocolate" refers to chocolate that has a crispy and crunchy texture due to the addition of ingredients such as nuts, cereal, or crispy rice. The report provides an in-depth analysis of the market, examining key trends, drivers, challenges, regional insights, and future growth prospects. The health and wellness trend is also influencing the Crunchy Chocolate market. There is a growing demand for products that feature functional ingredients such as protein, fiber, and superfoods, appealing to health-conscious consumers. The segment of the market is particularly lucrative, as consumers are willing to pay a premium for snacks that offer nutritional benefits.



Brands that incorporate these health-focused ingredients into their products are well-positioned to capture a significant share of the market. Premiumization is another remarkable trend within the Crunchy Chocolate market. High-quality products made with single-origin cocoa and organic ingredients are attracting discerning consumers who prioritize superior taste and quality. These consumers are willing to pay more for premium products, driving revenue growth in the segment. By focusing on premium ingredients and superior product quality, brands differentiate themselves and build a loyal customer base.

๐”๐ง๐ฅ๐จ๐œ๐ค ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐จ๐Ÿ ๐Ž๐ฎ๐ซ ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ:https://www.stellarmr.com/report/Crunchy-Chocolate-Market/1975

What are Crunchy Chocolate Market Dynamics?

Seasonal events and festivals such as Easter, Christmas, and Valentine's Day drive increased consumption of chocolate products, including crunchy chocolates. Chocolate manufacturers capitalize on these occasions by offering special promotions, limited-edition flavors, and themed packaging. The seasonal and festive demand for crunchy chocolates significantly influences sales trends, market share dynamics, and consumer behavior patterns, with chocolate manufacturers strategically leveraging these occasions to drive revenue growth and brand engagement within the Crunchy Chocolate Market.

๐๐ž๐ž๐ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง? ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž + ๐†๐ซ๐š๐ฉ๐ก๐ฌ ๐‡๐ž๐ซ๐ž:https://www.stellarmr.com/report/req_sample/Crunchy-Chocolate-Market/1975

What is Crunchy Chocolate Market Regional Insight?

In the UK, chocolate remains a beloved indulgence, with a staggering 95% of Brits enjoying it. However, there's been a noticeable shift in consumption habits, with four out of five Britons now treating chocolate less frequently, typically once a week or even less. This change can be attributed to stricter regulations governing the display of HFSS (High in Fat, Sugar, or Salt) products in stores since October 2022. As a result, chocolate products are less prominently showcased to consumers, leading to a decline in impulse purchases. Previously, promotional deals drove nearly 70% of Brits to impulsively buy chocolate in 2022, but by 2023, the figure had decreased to just one-third. The significant alteration in consumer behavior towards chocolate consumption has direct implications for the Crunchy Chocolate Market, potentially reducing spontaneous purchases. To counteract the trend, the market needs to adopt more strategic marketing approaches to sustain sales amidst changing consumer preferences.

What is Crunchy Chocolate Market Segmentation?

By Chocolate Type

Bar

Toffee Bites

Truffles

Balls

Others

By Age Group

Millennial

Gen A/Z

Gen X/Boomers

By Distribution Channel

Supermarket/Hypermarket

Convenience stores

Dollar Stores

Food Services

Duty-free Outlets

E-Commerce

Others

๐…๐‘๐„๐„ ๐†๐ž๐ญ ๐š ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ!https://www.stellarmr.com/report/req_sample/Crunchy-Chocolate-Market/1975

Some of the current players in the Crunchy Chocolate Market are:

Barry Callebaut
Cargill
Ferrero
Ezaki Glico
Nestle
Mars
Mondelez
Blommer
Brookside
Hershey's
Valrhona
Key Offerings:

Past Market Size and Competitive Landscape
Crunchy Chocolate Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Crunchy Chocolate Market Segmentation - A detailed analysis by Product
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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Contact Stellar Market Research:
S.no.8, h.no. 4-8 Pl.7/4 Kothrud
Pinnac Memories Fl. No. 3
Kothrud, Pune, Maharashtra, 411029
sales@stellarmr.com
+91 9607365656

About Stellar Market Research
Established in 2018, Stellar Market Research is an India-based consulting and advisory firm focused on helping clients reach their business transformation objectives with advisory services and strategic business. The company's vision is to be an integral part of the client's business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.

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