Press release
Chinese real and compound chocolate Market - Trends & Forecast, 2016-2022
ReportsWorldwide has announced the addition of a new report title Chinese real and compound chocolate Market - Trends & Forecast, 2016-2022 to its growing collection of premium market research reports.The Chinese real and compound chocolate market has witnessed continued demand during the last few years and is projected to reach 340243.54 tons at a CAGR of 5.90% by 2022 in terms of volume. Chinese real and compound chocolate market has witnessed substantial innovation in inclusion of various healthy ingredients including exotic fruits and vegetables. Most of the chocolate produced in China is not consumed as such, rather used as an ingredient in preparation of cakes, ice-cream coatings, biscuits and other confectionery goods. Hence, compound chocolate dominates the Chinese market in terms of volume in 2015. Chinese consumers are health conscious so they keep a watch on sugar and calorie intake, hence dark chocolate will dominate the market.
Among the various main ingredients of real chocolate, cocoa beans will dominate the Chinese Real market by type and is projected to reach 64,127.70 tons at a CAGR of 6.60% by 2022 in terms of volume. Cocoa paste will be fasted growing market at CAGR 6.73% and is estimated to reach 34,450.38 tons. Non-cocoa powder chocolate dominates among the various main ingredients of compound chocolate and is projected to reach at 59,993.79 tons will grow at a CAGR of 5.30% by 2022 in terms of volume in Chinese compound chocolate.
To view a detailed description and Table of Contents please visit: https://www.reportsworldwide.com/report/chinese-real-and-compound-chocolate-market-trends-forecast-2016-2022
Milk real chocolate will dominate the market, volume will reach 68,524.61tons will grow at CAGR 6.29% , but dark realchocolate will be highest growing market at CAGR 6.54% market volume will reach 57,623.08 tons. Milk compound chocolate will dominate the market growing at CAGR 5.28% market volume will reach 64,754.60 Tons. But dark compound will highest growing market at CAGR 5.79%Cartoon form in real chocolate will be highest growing segment during 2016-2022, while piece form will dominate in the compound chocolate market in China. Food and beverages and bakery products will continue drive higher demand for real and compound chocolate market in China.
Southeast Chinese region has the maximum number of chocolate manufacturers in China, hence will dominate the market followed by East Chinese region. Innovations and product development are the major areas where key players are focusing in China.
Key Players
Mars Inc. (U.S.), Mondelez International, Inc. (U.S.), Hershey Co. (U.S.), Nestle SA (Switzerland), Puratos Group (Belgium), Ferrero (Italy), Barry Callebaut (Switzerland), Jieshou Zhaolong Foods Co, and Yake (China) Co
To Enquire about this Report please visit @ https://www.reportsworldwide.com/enquiry?report_id=36520
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