openPR Logo
Press release

Chocolate Hazelnut Spread Market To Increase at Steady Growth Rate

03-01-2018 12:27 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Chocolate Hazelnut Spread Market: Introduction

The chocolate hazelnut spread is a sweet chocolate flavored paste which is mostly spread on toasts, bread, doughnuts, pancakes and other similar grain products. The spread usually contains cocoa, hazelnut, sugar and palm or vegetable oil and sometimes also contain butter, milk, and additional flavors. The chocolate hazelnut spreads and peanut butter are slowly replacing the jam and marmalade as the most popular breakfast spreads due to its higher palatability. Hence, there is significant growth in the sales of chocolate hazelnut spreads in the past few years. The chocolate hazelnut spread is becoming an integral part of every breakfast. Manufacturers are also offering low calorie, gluten free and reduced fat chocolate hazelnut spread to cater increasing demand from health consciousness people especially in the developed markets. Moreover, new brands are providing stiff competition to already established brands by applying key driving factors such as continuous product innovation. Apart from using it as spreads, chocolate hazelnut spread can also be used as ice cream topping, to spread over croissants, to make instant hot chocolate, added to any dessert for a gourmet touch and much more.

Request to view Sample Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=34361

Chocolate Hazelnut Spread Market: Segmentation

The chocolate hazelnut spread market can be segmented by source, packaging type, distribution channel, and region. On the basis of source, the chocolate hazelnut spread market can be segmented into organic and conventional. On the basis of packaging type, the chocolate hazelnut spread market can be segmented into bottles, pouches, cups, and others. On the basis of a distribution channel, the chocolate hazelnut spread market can be segmented into direct sales and indirect sales. The indirect sales market can be further sub-segmented into the specialty stores, hypermarket/supermarket, convenience stores, online retailers and others.

Chocolate Hazelnut Spread Market: Dynamics

Owing to rapid urbanization globally, lifestyle of people is becoming increasingly hectic which have resulted in shortage of time for cooking thus people are preferring ready-to-eat and ready-to-cook food products which promotes the usage of readymade spreads hence driving the growth of hazelnut spread over the forecast period. Another factor towards the growth of chocolate hazelnut spread market is the availability of organic, low fat, low sugar and gluten free hazelnut spread products in the market to cater the demand for health conscious consumer. Moreover, owing to the availability of healthier variants of hazelnut spreads, old age groups are also preferring the chocolate hazelnut spread while earlier only children and young people were the key consumers segment of chocolate hazelnut spread. However, the fluctuating prices of raw materials such as cocoa and sugar and the instability of its supply is expected to hamper the chocolate hazelnut spread market growth in the near future. In addition, the decline in the sales of bakery products like bread, toast etc., and growing popularity of cereals is anticipated to be a key restraining factor for the growth of the global chocolate hazelnut spread market.

Buy this Report at: https://www.transparencymarketresearch.com/checkout.php?rep_id=34361<ype=S

Chocolate Hazelnut Spread Market: Regional Outlook

On the basis of the regional outlook, chocolate hazelnut spread market is segmented into five different regions: North America, Latin America, Europe, Middle East and Africa and Asia Pacific. North America and Europe is expected to dominate the chocolate hazelnut spread market over the forecast period owing high consumer awareness, high shelf visibility of the product in the retail chains and growing consumer preference for chocolate hazelnut spreads over other alternatives. APAC region is anticipated to exhibit significant growth rate over the forecast period owing to increasing preference of chocolate hazelnut spread due to its delectable taste and increasing urban population coupled with increasing per capita expenditure on ready to eat food products.

Chocolate Hazelnut Spread Market: Key Player:

Some of the major players operating in chocolate hazelnut spread market include Barefoot & Chocolate, Rigoni di Asiago, Dr. Oetker India Pvt. Ltd., Young's (Private) Limited., Andros SAS, Date Lady, Flourish, Ferrero SpA, The Hershey Company, Hormel Foods Corporation, The J.M. Smucker Company and other regional players.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMRโ€™s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

US Office Contact

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Chocolate Hazelnut Spread Market To Increase at Steady Growth Rate here

News-ID: 962547 • Views: โ€ฆ

More Releases from Transparency Market Research

Genome Editing Market to Reach US$ 17.5 Billion by End of 2031: Transparency Market Research, Inc.
Genome Editing Market to Reach US$ 17.5 Billion by End of 2031: Transparency Mar โ€ฆ
In 2022, the global ๐†๐ž๐ง๐จ๐ฆ๐ž ๐„๐๐ข๐ญ๐ข๐ง๐  ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ reached a valuation of US$ 5.5 billion. Forecasts indicate a robust advancement, with a projected Compound Annual Growth Rate (CAGR) of 13.9% from 2023 to 2031, culminating in a figure exceeding US$ 17.5 billion by the conclusion of 2031. The genome editing market experiences significant growth driven by several factors including the rise in prevalence of genetic disorders, increased demand for personalized medicine, andโ€ฆ
Cancer Supportive Care Drugs Market to Exceed US$ 16.7 Billion by 2031: Transparency Market Research, Inc. Study
Cancer Supportive Care Drugs Market to Exceed US$ 16.7 Billion by 2031: Transpar โ€ฆ
In 2022, the global ๐‚๐š๐ง๐œ๐ž๐ซ ๐’๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ๐ข๐ฏ๐ž ๐‚๐š๐ซ๐ž ๐ƒ๐ซ๐ฎ๐ ๐ฌ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ commanded a valuation of US$ 14.3 billion. Forecasts suggest a steady growth trajectory, with a projected Compound Annual Growth Rate (CAGR) of 1.7% from 2023 to 2031, culminating in a figure exceeding US$ 16.7 billion by the conclusion of 2031. The escalating global burden of cancer emerges as a pivotal driver propelling the expansion of the market for cancer supportive care drugs.โ€ฆ
Dry Bulk Shipping Market Insights: 2023, Progressive Trends, Growth Opportunities and Revenue Forecast to 2031
Dry Bulk Shipping Market Insights: 2023, Progressive Trends, Growth Opportunitie โ€ฆ
The global dry bulk shipping market is poised for significant growth from 2023 to 2031, driven by increasing demand for commodities, infrastructure development, and the global economic recovery. Dry bulk shipping involves the transportation of unpackaged, dry commodities such as coal, iron ore, grains, and minerals, among others. This article provides an overview of the market, its size and growth prospects, key segmentation, regional analysis, drivers and challenges, trends, competitiveโ€ฆ
Hydrogen Sulfide Scavengers Market size to reach US$ 734.8 Mn by 2031
Hydrogen Sulfide Scavengers Market size to reach US$ 734.8 Mn by 2031
Hydrogen sulfide scavengers play a pivotal role in neutralizing hydrogen sulfide, a hazardous gas prevalent in various industrial processes such as oil & gas production, wastewater treatment, and pulp & paper manufacturing. These scavengers effectively mitigate the risks associated with hydrogen sulfide, including corrosion, toxicity, and environmental pollution. ๐†๐ž๐ญ ๐š ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ (๐”๐ฌ๐ž ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ž ๐Œ๐š๐ข๐ฅ ๐ˆ๐ ๐Ÿ๐จ๐ซ ๐๐ฎ๐ข๐œ๐ค ๐‘๐ž๐ฌ๐ฉ๐จ๐ง๐ฌ๐ž) - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=50223&utm_source=OPENPR%2FJayashrib&utm_campaign=OPENPR Market Size and Growth: The market for hydrogenโ€ฆ

All 5 Releases


More Releases for Chocolate

White Chocolate Market Seeking Excellent Growth | Agostoni Chocolate, Blommer Ch โ€ฆ
A new business intelligence report released by AMA with title "White Chocolate Market" has abilities to raise as the most significant market worldwide as it has remained playing a remarkable role in establishing progressive impacts on the universal economy. The Global White Chocolate Market Report offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary statistics sources andโ€ฆ
Global Chocolate Confectionery Market | Chocolate Confectionery Industry | Choco โ€ฆ
Chocolate confectionery refers to any solid or semi-solid food primarily composed of chocolate or cocoa with/without the addition of fruit or nuts. It includes specific food made by coating & embodying chocolate sugar confectionery, but does not include biscuits cooked, filled & flavored with chocolate or chocolate ice cream/baked chocolate flavored confectionery. According to study, โ€œGlobal Chocolate Confectionery Market: Market Segments: By Product(Boxed, Countlines, Molded Bars, Seasonal Chocolates, Straight-line and Others);โ€ฆ
Global Milk Chocolate Market 2020 Future Trends - Ezaki Glico, Kinder Chocolate, โ€ฆ
The โ€œMilk Chocolate Market by Form (Bar, Candies, Chocolate Coated Nuts, Chocolate Chips, and Others), by Nature (Organic and Conventional), by Application (Food & Beverages, Personal Care, Pharmaceuticals and Cosmetics), and by Distribution Channel (Hypermarkโ€ A fundamental outline of the Milk Chocolate niche is presented by the Milk Chocolate report that entails definitions, classifications, applications together with industry chain framework. The Milk Chocolate report provides a far-reaching evaluation of necessaryโ€ฆ
Sea Salt Chocolate Market Seeking Excellent Growth | GODIVA, Skellings Chocolate โ€ฆ
The latest 125+ page survey report on Global Sea Salt Chocolate Market is released by HTF MI covering various players of the industry selected from global geographies like North America Country (United States, Canada), South America, Asia Country (China, Japan, India, Korea), Europe Country (Germany, UK, France, Italy), Other Country (Middle East, Africa, GCC). A perfect mix of quantitative & qualitative Market information highlighting developments, industry challenges that competitors areโ€ฆ
Milk Chocolate Market ||Ezaki Glico, Kinder Chocolate, Blommer Chocolate, Godiva โ€ฆ
Zion Market Research published a new 110+ pages industry research "Global Milk Chocolate Market Is Expected To Reach Around USD 90.65 Billion By 2025" is exhaustively researched and analyzed in the report to help market players to improve their business tactics and ensure long-term success. The authors of the report have used easy-to-understand language and uncomplicated statistical images but provided thorough information and detailed data on the Global Milk Chocolateโ€ฆ
Dark Chocolate Market By Type (70% Cocoa Dark Chocolate, 75% Cocoa Dark Chocolat โ€ฆ
Global Dark Chocolate Market Analysis According to Verified Market Research, The Global Dark Chocolate Market was valued at USD 44.09 Billion in 2018 and is projected to reach USD 83.34 Billion by 2026, growing at a CAGR of 8.26% from 2019 to 2026. What is Dark Chocolate? Dark chocolate is chocolate without milk solids added and has a more prominent chocolate taste than milk chocolate and hence the dark chocolate is more proneโ€ฆ