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 produc