According to the report, The global industrial chocolate market size is expected to reach USD 1 billion by 2028, growing at a CAGR of 8% from 2021 to 2028.
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The latest research report published by Evolve Business Intelligence examines the impacts of numerous market aspects on the global INDUSTRIAL CHOCOLATE industry, including an overview of current market size and forecast for key segments and regions, driving forces of the market, the probable effects of the main trends, how all this will affect the business plan, SWOT analysis of the critical sectors for each of the main competitors, customers and more! Providing valuable data on conglomerates likely to impact this industry is essential for any company planning to invest properly over the next 5 years. These results complement our initial quantitative study to facilitate any new investments or threat planning traits in existing sectors through a strategic business plan.
Impact of COVID-19
The current COVID-19 pandemic has had a significant impact on the industry. Several financial impacts and disruptions were felt over a long period. Our research interviewed numerous delegates from this industry, in all geographic markets, to gather useful information to address the potential challenges that the COVID-19 pandemic may bring in the future.
In terms of the impact of COVID 19, the Industrial Chocolate Market report also includes the following data points:
- Impact of COVID-19
- Government aid and industry stimulus policies
- Recent corporate developments to address negative impacts
- Window of opportunity and post-COVID trend
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Some of the major industrial chocolate players with the highest market share include Mondelez International, Barry Callebaut, The Hershey Company, Ferrero. These players are using new product development as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
- Mondelez International
- Barry Callebaut
- The Hershey Company
- Cargill Inc.
- LOTTE Co. Ltd
- Yildiz Holdings
- Chocolate maker Moonstruck
- Meiji Holdings Co.Ltd
- Blommer Chocolate Factory
Market segment by Distribution channel focusing on the market share, consumption trend and growth rate of the INDUSTRIAL CHOCOLATE market:
Market segment by Application focusing on the market share, consumption trend and growth rate of the INDUSTRIAL CHOCOLATE market:
- Cookies and baked goods
- Dairy products and dessertscreams and frozen products
- Other industrial applications of chocolate
Market segment by Type focusing on the market share, consumption trend and growth rate of the INDUSTRIAL CHOCOLATE market:
- Milk/White Chocolate
- Dark chocolate
Market segment by Product focusing on the market share, consumption trend and growth rate of the INDUSTRIAL CHOCOLATE market:
- Softlines/ Selflines
- Molded chocolates
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Worldwide geographical coverage of industrial chocolate:
- The rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia-Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- South Africa
- Rest of MEA
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