Impact of COVID-19 on the Chocolate Market Industry Overview, Top Manufactures, Market Size, Opportunities and Forecast by 2025

-

 The global chocolate market grew at a CAGR of around 5% during 2014-2019. Looking forward, IMARC Group expects the market to continue its moderate growth during the next five years. Chocolate, extracted from the roasted cacao seeds, is primarily used in confectioneries and bakery products. The surging demand for chocolates in the food and beverage industry is one of the major factors augmenting the market growth. Furthermore, the wide availability of chocolates in different forms, such as dark chocolate, chocolate syrup, milk chocolate, sprinkles, etc., also propels the product demand. Additionally, the rising popularity of molded chocolates in innovative solid shapes and sizes, further drives the market growth.

Download PDF Brochure of the “Chocolate Market” @  https://www.imarcgroup.com/prefeasibility-report-chocolate-manufacturing-plant/requestsample

The changing consumer inclination towards newer chocolate variants infused with additional flavors is currently driving the product demand. Moreover, the rising consumer awareness towards several health benefits associated with dark chocolate, further bolsters the market growth. Besides this, the emergence of e-commerce has allowed chocolate manufacturers to conduct business-to-consumer operations, thereby expanding their consumer base. Additionally, changing tastes and preferences of the health-conscious consumers have led to the introduction of gluten-free chocolates in the market. Furthermore, the premiumization of chocolate-based products, along with the increasing penetration of innovative packaging, is further expected to boost the market growth.

Explore full report with table of contents: https://www.imarcgroup.com/prefeasibility-report-chocolate-manufacturing-plant

Breakup by Product Type:

  • White Chocolate
  • Milk Chocolate
  • Dark Chocolate
  • Others

Breakup by Product Form:

  • Molded
  • Countlines
  • Others

Breakup by Application:

  • Food Applications
    • Bakery Products
    • Sugar Confectionery
    • Desserts
    • Others
  • Beverage Applications
  • Other Industrial Applications


Breakup by Pricing:

  • Everyday Chocolate
  • Premium Chocolate
  • Seasonal Chocolate

Breakup by Distribution:

  • Direct Sales (B2B)
  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Online Stores
  • Others

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa


Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being Arcor, Barry Callebaut, Chocoladefabriken Lindt & Sprüngli AG, Chocolaterie Guylian, Ferrero International, Mars Incorporated, Meiji Co. Ltd., Mondelez International Inc. (Kraft Foods), Moonstruck Chocolate Company, Nestlé S.A., The Hershey Company, etc.

Browse Related Report

https://www.imarcgroup.com/pizza-crust-market

https://www.imarcgroup.com/nutritional-bar-market

https://www.imarcgroup.com/meat-substitutes-market

Contact US: IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Website: https://www.imarcgroup.com/
Email: sales@imarcgroup.com
USA: +1-631-791-1145
Follow us on twitter: @imarcglobal
Linkedin: https://www.linkedin.com/company/imarc-group

Note: As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

If you want to need latest primary and secondary data (2020-2025) with Cost Module, Business Strategy, Distribution Channel, etc. click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Location: United States

Comments

Post a Comment

Popular posts from this blog

$1197 Billion Global Advertising Market Size to Expand at a CAGR of 9% during 2019-2023

-
Advertising is a form of mass media communication which helps in endorsing a product, service or idea. It enhances the consumers’ awareness regarding the new product launches and assists them in their purchasing decisions. Some of the traditional mass media communication sources are newspapers, television, radio and magazines, while contemporary advertising means include social media, blogs, websites, text messages, etc. A new research report by IMARC Group, titled  “Global Advertising Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023” , estimates that the market was approximately US$ 734 Billion in 2017. The report further anticipates the market to cross US$ 1197 Billion by 2023, at a projected CAGR of nearly 9% over the forecast period. Request for a free sample copy of this report:   https://www.imarcgroup.com/global-advertising-market/requestsample Market Drivers/Constraints: Over the years, consumers’ expenditure on entertainment as well as media
Read more

Xylitol Market to Reach US$ 1,225 Million by 2025 , Industry Overview, Growth Rate and Forecast

-
As per the latest report by IMARC Group, titled “ Xylitol Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025 ”, the  global  xylitol market   size  reached US$ 875 Million in 2019. Xylitol is a sugar alcohol with a crystalline and granular structure and sweetness, which is comparable to sucrose. Also known as wood sugar, it is derived from xylose that occurs naturally in various fruits and vegetables. On a commercial scale, xylitol can be produced by chemical and biotechnological processes. With the rising health-consciousness, consumers are willing to spend more on natural sweeteners, such as xylitol, as it has around 75% fewer carbohydrates and 40% lesser calories as compared to table sugar. Request for a free sample copy of this report:  https://www.imarcgroup.com/xylitol-market/requestsample Global Xylitol Market Trends: Xylitol finds applications in numerous industries ranging from food and beverage (F&B), pharmaceutical, cosmetics
Read more

OpenStack Service Market Research Report 2019, Industry Trends, Share, Size, Demand and Future Scope

-
 According to the IMARC Group,  OpenStack  refers to an open-source platform that enables users to freely access, modify, and share the source code. It is a form of Infrastructure-as-a-service (IaaS) that facilitates communication and storage between the computer hardware and the cloud. OpenStack includes various computing services, consisting of object and block storages, networking and shared file systems, etc. These services are used for web hosting, conducting big data projects, delivering software-as-a-Service (SaaS), and effectively utilizing resources through a web interface. Request for a free sample copy of this report:  https://www.imarcgroup.com/openstack-service-market/requestsample The rising adoption of cloud-based and internet-enabled services is driving the  OpenStack service market . In recent times, OpenStack has emerged as a cost-efficient service that fortifies virtual computing infrastructure, thereby enabling the customized modification of hardware and software co
Read more