Chocolate Industry

Chocolate Market Trends, Demand, Top Companies, Size, Share, Growth and Forecast 2021-2026 – Queen Anne and Mangolia News

According to the latest report of the IMARC group, entitled “Chocolate Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, offers a comprehensive analysis of the industry, which includes information on chocolate market outlook. The report also includes competitor and regional analysis, as well as contemporary advancements in the global market. The global chocolate market reached a value of US$125 billion in 2020. Looking ahead, IMARC Group expects the market to grow at a CAGR of around 5% during the period 2021- 2026.

Chocolate refers to a food product made from roasted cocoa beans, consumed as candy. It is used to make beverages and to flavor or coat various confections and baked goods, such as cakes, muffins, cookies, brownies, shakes, etc. Chocolate includes small amounts of the stimulant alkaloids, theobromine and caffeine which are high in carbohydrates and an excellent source of quick energy. Apart from this, regular consumption of premium chocolate in moderate amounts helps in improving blood circulation in the body, improving brain functions, minimizing blood pressure, reducing the risk of heart diseases, etc.

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Like the novel coronavirus (COVID-19[feminine]) the crisis is taking over the world, we are constantly monitoring the changes in the markets, as well as the purchasing behavior of consumers around the world and our estimates on the latest market trends and forecasts are made after taking into account the impact of this pandemic.

Global Chocolate Market Trends:

Expanding food and beverage industry across the globe is one of the major factors increasing the growth of the chocolate market. In addition to this, the wide availability of chocolates in various forms, like dark chocolate, chips, chocolate syrup, white chocolate, etc., is also catalyzing the demand for the products. Additionally, the growing popularity of molded chocolates in innovative solid shapes and sizes acts as another significant growth driver. Additionally, changing consumer preferences towards new chocolate variants infused with additional flavors is propelling the growth of the market. Additionally, the growing awareness of several health benefits associated with dark chocolate is further bolstering the global market. Apart from this, the premiumization of chocolate products, along with the growing penetration of innovative packaging, is expected to drive the chocolate market during the forecast period.

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Competitive landscape with key players:

The report has also analyzed the competitive landscape of the market with some of the key players.

  • Arcor
  • Barry Callebaut
  • Chocolate factory Lindt & Sprüngli AG
  • Guylian Chocolate Factory
  • Ferrero International
  • Mars Incorporated
  • Meiji Co.Ltd.
  • Mondelez International Inc. (Kraft Foods)
  • Moonstruck Chocolate Company
  • Nestlé SA
  • The Hershey Company

Chocolate Market Segmentation:

Our report has categorized the market based on region, product type, product form, application, price, and distribution.

Breakdown by product type:

Breakdown by product form:

Breakdown by application:

  • Foodstuffs
  • Baked goods
  • Sweet Confectionery
  • Desserts
  • Others
  • Beverages
  • Others

Breakdown by price:

  • everyday chocolate
  • Premium chocolate
  • Seasonal chocolate

Distribution by distribution:

  • Direct sales (B2B)
  • Supermarkets/Hypermarkets
  • convenience stores
  • Online stores
  • Others

Breakdown by region:

  • North America (USA, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia-Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)

Main highlights of the report:

  • Market Performance (2015-2020)
  • Market Outlook (2021-2026)
  • Porter’s Five Forces Analysis
  • Market drivers and success factors
  • SWOT analysis
  • Value chain
  • Complete mapping of the competitive landscape

We update our reports, if you want the latest primary and secondary data (2022-2027) with cost module, business strategy, competitive landscape, etc. Click request a free sample report, the report will be emailed to you in PDF format within 24-48 hours of payment confirmation.

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The IMARC Group is a leading market research firm providing management strategies and market research worldwide. We partner with clients across all industries and geographies to identify their most important opportunities, address their most critical challenges and transform their businesses.

IMARC’s information products include major business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverages, travel and tourism, nanotechnology and new processing methods are at the top of the list. company expertise.

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