Global Chocolate (Milk, Dark, White) Market Overview, 2020-2025

Global Chocolate (Milk, Dark, White) Market Overview, 2020-2025

Bonafide Research 07-07-2020 173 Pages Figures : 89 Tables : 15
Region : Global Category : Food & Beverages Food

1. Ezaki Glico Co., Limited

2. Lindt & Sprungli Group

3. Lotte Confectionery Co., Limited

4. Mars Incorporated

5. Meiji Holdings Co., Limited


The report titled "Global Chocolate Market By Value, By Segment (Milk Chocolate, Dark Chocolate, White Chocolate), By Region (North America, Europe, South America, Asia-Pacific, Middle-East & AfricaBy Application (Everyday, Premium, Gourmet, Seasonal), Overview, 2020-2025" provides a complete performance analysis regarding the segments present in the global chocolate market along with its historical and forecasted analysis. Chocolates are considered the most popular as well as the most loved food and beverage products consumed by the people of any all age groups. Chocolates, been viewed as the major threat around the world is highly supported by mass production after the advent of the industrial revolution. With the increasing popularity of consuming chocolates, its plantations have increased in the areas such as West Africa & South East Asia. Countries like Ghana, Nigeria, Brazil, Indonesia etc. accounts for the world's largest cacao supply. Opportunities that are expected to change the dynamics of this industry are lower penetration in developing economies, organic and healthier chocolate, and the use of chocolate in the functional food menu. The global chocolate market has observed a rise in consumption as well as the production of the chocolates. Regions like Europe, North America have highly contributed to this growth whereas Asia Pacific has been viewed as a promising market. This is due to the growing demand from countries like China, Japan, India, etc. At a global stage, the countries like United States, Germany, Switzerland, and Belgium are responsible for the major production of chocolates. Growth in the region's economy that is directly or indirectly affecting the people's lifestyle can be viewed as one of the factors driving its chocolate market. It is expected that for the forecasted period the Middle-East & African region will continue the trend with an even faster rate of above 10% CAGR till the year 2025. Nowadays, people being conscious while choosing food products have provided the same approach while purchasing chocolates. Consumers seemed to be more tending towards the natural and organic ingredients in the chocolate. This habit of consumers has provided a positive effect on the dark chocolate segment of the market over the dominating milk chocolate products. Growing attraction towards such healthy ingredients in chocolates has indirectly benefitted the premium segment of the chocolate market. Continuing the same trend the dark chocolate segment is expected to pose the growth above 8% in the forecasted period. Purchasing such forms of confectionary items have highly accompanied by the strong sales of products through supermarkets and online markets which is also been viewed as the prominent mode of distribution channel for chocolates. Major companies in the market Ferrero SPA, Cacau show, La Maison du Chocolat, Ezaki Glico Co, Meiji Holdings Co. Ltd, Lindt and Sprüngli AG, Mars Incorporated, Mondelez International, Morinaga & Co. Ltd, Hershey Company, Nestle S.A, Barry Callebaut, Godiva choclatier, Lotte, Confectionery, United Confectionery manufacturers Considered in this report • Geography: Global • Base year: 2019 • Estimated year: 2020 • Forecast year: 2025 Aspects covered in this report • Global chocolate market with its value and forecast along with its segments • Region-wise chocolate market analysis Regions covered in the report • North America • Europe • South America • Asia-Pacific • Middle-East & Africa Types of chocolates in the report • Milk chocolate • Dark chocolate • White chocolate Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to chocolate industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

Read More

Card image cap

Interested in this report?
Get your FREE sample!

Requirement Gathering & Methodology
Data Collection Techniques
Our Research Team & Data Sourcing
Data Science & Analytical Tools
Data Visualization & Presentation Skills
Project/ Report Delivery & After Sales Services