Global Industrial Chocolate Market is expected to rise to an estimated value of USD 72,407 million by 2026, registering a CAGR of 4.2% during the forecast period of 2019-2026. This rise in market value can be attributed to the rising need of plant protein and also the rising amount of health concerns and veganism worldwide.
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Industrial chocolate is usually brown and sweet, they are made from cocoa liquor or paste. The paste/cocoa liquor undergoes a process called coaching in which butter along with other ingredients like sugar and powdered milk are added into it. Industrial chocolate industry has low technology barrier and is a labour intensive industry. Currently, there are many producing companies in the chocolate industry.
Major Key players profiled in this report are:
Nestle Mondelēz International, Mars Incorporated, Barry Callebaut, The Hershey Company, Ferrero, Cargill Incorporated, LOTTE Co. Ltd. Chocoladefabriken Lindt & Sprüngli AG, Yildiz Holdings, Moonstruck Chocolatier, Meiji Holdings Co. Ltd., Blommer Chocolate Company, Foley’s Candies LP, Kerry Group.
This market report puts forth an absolute overview of the market that contains various aspects of market analysis, product definition, market segmentation, key developments, and the existing vendor landscape. The market report covers company profiling of key players in the market, carefully analyzing their core competencies, and drawing a competitive landscape for the market. In this report, industry trends are formulated on macro level which assists comprehend market place and possible future issues. Company snapshot, geographical presence, product portfolio, and recent developments are taken into account for studying the company profiles.
Major Market Drivers:
- Growing awareness on the health benefits of pure and dark chocolate
- Rising disposable income of population in developing countries
- Expensive raw materials and uncertain climatic condition is expected to act as a restraint for the market.
- Rising chocolate substitute market
Table of Contents:
- Market Segmentation
- Market Overview
- Executive Summary
- Premium Insights
- Global, By Component
- Product Type
- Industry Type
- Company Landscape
- Company Profiles
- Related Reports
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This report puts across the idea of high level analysis of major market segments and identification of opportunities. It accomplishes comprehensive analysis of profiles of key market players that provides a competitive landscape. Market analysis and market segmentation has been carried out in terms of markets, geographic scope, years considered for the study, currency and pricing, research methodology, primary interviews with key opinion leaders, DBMR market position grid, DBMR market challenge matrix, secondary sources, and assumptions.
By Application (Confectionery, Biscuits and bakery products, Dairy and desserts, Ice creams and frozen items, Cereals and other industrial chocolate applications)
Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)
Reasons to Purchase this Report:
- Current and future of global Industrial Chocolate market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
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