Press release
Global Industrial Chocolate Market, by value, is projected to grow at the CAGR over 5.45% by 2022
Industrial Chocolate Industry
In North-America the market for industrial chocolate has been increasing due to rise in disposable incomes and enhanced standards of living, improved versatile demand in food and beverages and other industrial applications. Hence, North American Industrial Chocolate Market is expected to reach USD 25,321 Million at the end of the forecasted period and is expected to grow at CAGR of 5.45% from 2017 to 2022.
Study Objectives of North-American Industrial Chocolate Market
Deep-dive analysis for individual segments and sub-segments for industrial chocolate
To estimate market size by types, application and country
To understand the market dynamics including supply and demand
To provide region level market analysis and future outlook for U.S., Canada and Mexico
Competitive landscaping for the industrial chocolate market evaluating key strategies taken by top players in the market
Company profiling of major players in the market
Value chain analysis of and supply chain analysis industrial chocolate
Analysis of historical market trends, and technologies, and current government regulatory requirements related to industrial chocolate market.
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Key Finding:
The North-American industrial chocolate market has been estimated at USD 18,434 Million in 2016
Projected to reach USD 25,321 million by 2022, at a CAGR of 5.45 % during the forecast period from 2016 to 2022.
On the basis of applications, research & development segment holds at 2,840.5 K MT
Key Players
The key players profiled in North American industrial chocolate market report include- Mondelez, Mars, Blommer, Puratos, Foley’s Candies LP, Cargill, Nestle SA, Hershey, Barry Callebaut, Guittard Chocolate Company, Valrhona, Alpezzi Chocolate, Ghirardelli, Ferrero, Republica del Cacao, and Scharffen Berger.
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Segments
The market for industrial chocolate is segmented on the basis of by types and application. By types, the industrial chocolate is segmented dark, milk and white. By application, the industrial chocolate market is segmented as chocolate bars and flavoring ingredients.
Regional Analysis of North American Industrial Chocolate:
U.S dominates accounts for highest share in the North American industrial chocolate followed by Canada and Mexico, accounting for USD 14,756 million and is expected to grow over USD 20,200 million by 2022, and is expected to grow at CAGR of 5.34 % respectively from 2016 to 2022.
Reasons to Buy
This report includes in-depth study and analysis of North American industrial chocolate segments and sub-segments. It encompasses market segmentation of North-American industrial chocolate type and applications. It helps in identifying key North American industrial chocolate suppliers and consumers in North America. The report will help in investments for the North American industrial chocolate and allied companies providing details on the fast growing segments and regions. In addition, it will provide the North-American industrial chocolate companies to improve profitability by using supply chain strategies, cost effectiveness of various products mentioned in the report.
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR) and Market Research & Consulting Services.
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