Market Overview

The worldwide Chocolate Market is projected to reach a CAGR of 4.79% by the end of 2028. Chocolate is the most famous and generally consumed item across North America and has likewise gone through numerous changes to fulfill changing business sector needs. Premium natural products covered with chocolate are one of the greatest-selling items across North America and the European region. These organic products incorporate cranberry, blueberry, pomegranate, and numerous others. Premium chocolates are effectively available at a few general stores and in a few worldwide general stores. Without sugar chocolates and dim chocolates is one more classification that had colossal interest among shoppers that miss the mark on the sweet tooth. Pungent chocolate tidbits, for example, potato chips and popcorn, are likewise liked by buyers of arising economies. Such solid patterns and creative chocolate items are supposed to drive the worldwide chocolate market during the conjecture time frame.
The market development is basically determined by the prevalence of chocolate for the end goal of giving. Besides, the developing interest for an expense or solid fixings in chocolate items and imaginative bundling are likewise filling the market development. In any case, the rising occurrence of stoutness and other well-being concerns followed by fluctuating unrefined substance costs are dialling back the market development.

Market Segmentation
The various product categories that make up the global chocolate market include dark chocolate, milk chocolate, white chocolate, and cocoa powder. Shape-based categories, such as truffles, liquid chocolate, and chocolate bars, have been created for the worldwide chocolate market. Conventional, organic, lactose-free, gluten-free, reduced sugar, zero sugar, and multi-claim chocolate products each have their own segment of the market. Based on distribution methods, the world’s chocolate market has been classified into three groups: food production, food service, and food retail.

Regional Analysis
Europe represented the biggest share of 39.65% of the chocolate market in 2020. This region houses sweet shop creation plants of a few global organizations like Settle S.A., Mondelez Worldwide, Inc., Mars, Consolidated, Lindt and Sprüngli AG, and Ferrero SA. These huge dessert shop organizations significantly drive the utilization of chocolate in the Europe region. Additionally, rising customer interest for normal fixings in the food application for enhancing helps the deals of chocolate.
The rest of the World incorporates Asia-Pacific, South America, and the Center East and Africa. Asia-Pacific is the most appealing business sector for chocolate makers, with fast extensions and advancements replacing the application enterprises in the region’s arising economies. China is one of the main business sectors in the region, representing the biggest piece of the pie during the survey time frame.

Major Players
The key players in the global Chocolate Market are Mondelez International, Inc. (US), Nestlé S.A. (Switzerland), Blommer Chocolate Company (US), Barry Callebaut (Switzerland), Puratos Group (Belgium), Lindt & Sprüngli AG (Switzerland), Ferrero Group (Luxembourg), Mars Incorporated (US), Ezaki Glico Co., Ltd. (Japan), Pladis Global (London), Orion Corp. (South Korea), Meiji Holding Co. Ltd. (Japan), General Mills Inc. (US), Guittard Chocolate Company (US), and The Hershey Company (US).

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY 16

1.1 MARKET ATTRACTIVENESS ANALYSIS 17

1.1.1 GLOBAL CHOCOLATE MARKET, BY PRODUCT TYPE 18

1.1.2 GLOBAL CHOCOLATE MARKET, BY FORM 19

1.1.3 GLOBAL CHOCOLATE MARKET, BY CATEGORY 20

1.1.4 GLOBAL CHOCOLATE MARKET, BY DISTRIBUTION CHANNEL 21

2 MARKET INTRODUCTION 22

2.1 SCOPE OF THE STUDY 22

2.2 RESEARCH OBJECTIVE 22

2.3 MARKET STRUCTURE 22

2.4 KEY BUYING CRITERIA 23

3 RESEARCH METHODOLOGY 24

3.1 RESEARCH PROCESS 24

3.2 PRIMARY RESEARCH 25

3.3 SECONDARY RESEARCH 26

3.4 MARKET SIZE ESTIMATION 27

3.5 FORECAST MODEL 28

3.6 LIST OF ASSUMPTIONS & LIMITATIONS 29

4 MARKET DYNAMICS 30

4.1 INTRODUCTION 30

4.2 DRIVERS 31

4.2.1 USE OF PREMIUM OR HEALTHY INGREDIENTS IN CHOCOLATE PRODUCTS 31

4.2.2 CREATIVE PACKAGING 31

4.2.3 POPULARITY OF CHOCOLATE FOR GIFTING 31

4.2.4 POTENTIAL DEMAND OF CHOCOLATE FROM VARIOUS INDUSTRIES 32

4.2.5 DRIVERS IMPACT ANALYSIS 33

4.3 RESTRAINT 33

4.3.1 RISING INCIDENCE OF OBESITY AND OTHER HEALTH CONCERNS 33

4.3.2 FLUCTUATING RAW MATERIAL PRICES 34

4.3.3 RESTRAINT IMPACT ANALYSIS 35

4.4 OPPORTUNITIES 35

4.4.1 GROWING DEMAND FOR HEALTH & WELLNESS PRODUCTS 35

4.4.2 PROMOTIONAL ACTIVITIES 35

4.4.3 GROWING DEMAND FOR NATURAL FOOD INGREDIENTS 36

4.5 CHALLENGES 36

4.5.1 INCREASING HEALTH CONSCIOUSNESS AMONG CONSUMERS 36

5 MARKET FACTOR ANALYSIS 37

5.1 VALUE CHAIN ANALYSIS 37

5.1.1 RAW MATERIAL PROCUREMENT 38

5.1.2 PROCESSING 38

5.1.3 PACKAGING 38

5.2 SUPPLY CHAIN ANALYSIS 39

5.3 PORTER’S FIVE FORCES MODEL 40

5.3.1 THREAT OF NEW ENTRANTS 40

5.3.2 BARGAINING POWER OF SUPPLIERS 41

5.3.3 BARGAINING POWER OF BUYERS 41

5.3.4 THREAT OF SUBSTITUTES 41

5.3.5 INTENSITY OF RIVALRY 41

5.4 IMPACT OF THE COVID-19 OUTBREAK ON GLOBAL CHOCOLATE MARKET 42

5.4.1 OVERVIEW 42

5.5 PRICING ANALYSIS 43

6 GLOBAL CHOCOLATE MARKET, BY PRODUCT TYPE 44

6.1 OVERVIEW 44

6.1.1 GLOBAL CHOCOLATE MARKET ESTIMATES & FORECAST, BY PRODUCT TYPE, 2020–2028 45

6.2 DARK CHOCOLATE 45

6.2.1 DARK CHOCOLATE: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2028 45

6.3 MILK CHOCOLATE 46

6.3.1 MILK CHOCOLATE: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2028 46

6.4 WHITE CHOCOLATE 46

6.4.1 WHITE CHOCOLATE: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2028 46

6.5 COCOA POWDER 47

6.5.1 COCOA POWDER: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2028 47

7 GLOBAL CHOCOLATE MARKET, BY FORM 48

7.1 OVERVIEW 48

7.1.1 GLOBAL CHOCOLATE MARKET ESTIMATES & FORECAST, BY FORM, 2020–2028 49

7.2 CHOCOLATE BARS 49

7.2.1 CHOCOLATE BARS: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2028 49

7.3 LIQUID CHOCOLATE 50

7.3.1 LIQUID CHOCOLATE: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2028 50

7.4 TRUFFLES CHOCOLATE 50

7.4.1 TRUFFLES CHOCOLATE: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2028 50

7.5 OTHERS 51

7.5.1 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2028 51

8 GLOBAL CHOCOLATE MARKET, BY CATEGORY 52

8.1 OVERVIEW 52

8.1.1 GLOBAL CHOCOLATE MARKET ESTIMATES & FORECAST, BY CATEGORY, 2020–2028 53

8.2 CONVENTIONAL 53

8.2.1 CONVENTIONAL: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2028 54

8.3 ORGANIC 54

8.3.1 ORGANIC: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2028 54

8.4 LACTOSE-FREE 55

8.4.1 LACTOSE-FREE: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2028 55

8.5 GLUTEN-FREE 55

8.5.1 GLUTEN-FREE: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2028 55

8.6 REDUCED SUGAR 56

8.6.1 REDUCED SUGAR: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2028 56

8.7 ZERO SUGAR 56

8.7.1 ZERO SUGAR: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2028 56

8.8 MULTI-CLAIM 57

8.8.1 MULTI-CLAIM: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2028 57

9 GLOBAL CHOCOLATE MARKET, BY DISTRIBUTION CHANNEL 58

9.1 OVERVIEW 58

9.1.1 GLOBAL CHOCOLATE MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2020–2028 59

9.2 FOOD PRODUCTION 60

9.2.1 FOOD PRODUCTION: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2028 60

9.3 FOODSERVICE 60

9.3.1 FOODSERVICE: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2028 60

9.4 FOOD RETAIL 61

9.4.1 FOOD RETAIL: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2028 61

10 GLOBAL CHOCOLATE MARKET, BY REGION 62

10.1 OVERVIEW 62

10.1.1 GLOBAL CHOCOLATE MARKET ESTIMATES & FORECAST, BY REGION, 2020–2028 63

10.2 NORTH AMERICA 64

10.2.1 NORTH AMERICA CHOCOLATE MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020–2028 64

10.2.2 NORTH AMERICA CHOCOLATE MARKET ESTIMATES & FORECAST, BY PRODUCT TYPE, 2020–2028 65

10.2.3 NORTH AMERICA CHOCOLATE MARKET ESTIMATES & FORECAST, BY FORM, 2020–2028 65

10.2.4 NORTH AMERICA CHOCOLATE MARKET ESTIMATES & FORECAST, BY CATEGORY, 2020–2028 66

10.2.5 NORTH AMERICA CHOCOLATE MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2020–2028 67

10.2.6 US 68

10.2.7 CANADA 71

10.2.8 MEXICO 74

10.3 EUROPE 77

10.3.1 EUROPE CHOCOLATE MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020–2028 77

10.3.2 EUROPE CHOCOLATE MARKET ESTIMATES & FORECAST, BY PRODUCT TYPE, 2020–2028 78

10.3.3 EUROPE CHOCOLATE MARKET ESTIMATES & FORECAST, BY FORM, 2020–2028 78

10.3.4 EUROPE CHOCOLATE MARKET ESTIMATES & FORECAST, BY CATEGORY, 2020–2028 79

10.3.5 EUROPE CHOCOLATE MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2020–2028 80

10.3.6 UK 81

10.3.7 GERMANY 84

10.3.8 FRANCE 87

10.3.9 ITALY 90

10.3.10 SPAIN 93

10.3.11 RUSSIA 96

10.3.12 REST OF EUROPE 99

10.4 REST OF THE WORLD 102

10.4.1 REST OF THE WORLD CHOCOLATE MARKET ESTIMATES & FORECAST, BY REGION, 2020–2028 103

10.4.2 REST OF THE WORLD CHOCOLATE MARKET ESTIMATES & FORECAST, BY PRODUCT TYPE, 2020–2028 103

10.4.3 REST OF THE WORLD CHOCOLATE MARKET ESTIMATES & FORECAST, BY FORM, 2020–2028 103

10.4.4 REST OF THE WORLD CHOCOLATE MARKET ESTIMATES & FORECAST, BY CATEGORY, 2020–2028 104

10.4.5 REST OF THE WORLD CHOCOLATE MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2020–2028 105

10.4.6 ASIA-PACIFIC 106

10.4.7 SOUTH AMERICA 109

10.4.8 MIDDLE EAST 112

10.4.9 AFRICA 115

11 COMPETITIVE LANDSCAPE 118

11.1 INTRODUCTION 118

11.1.1 MARKET STRATEGY ANALYSIS 118

11.2 COMPETITIVE BENCHMARKING 119

11.3 KEY DEVELOPMENTS & GROWTH STRATEGIES 120

11.3.1 PRODUCT DEVELOPMENTS 120

11.3.2 ACQUISITIONS 121

11.3.3 CONTRACT & AGREEMENT 121

11.3.4 EXPANSIONS 121

12 COMPANY PROFILES 122

12.1 MONDELEZ 122

12.1.1 COMPANY OVERVIEW 122

12.1.2 FINANCIAL OVERVIEW 123

12.1.3 PRODUCTS OFFERED 124

12.1.4 KEY DEVELOPMENTS 124

12.1.5 SWOT ANALYSIS 125

12.1.6 KEY STRATEGIES 125

12.2 NESTLÉ S.A. 126

12.2.1 COMPANY OVERVIEW 126

12.2.2 FINANCIAL OVERVIEW 127

12.2.3 PRODUCTS OFFERED 127

12.2.4 KEY DEVELOPMENTS 128

12.2.5 SWOT ANALYSIS 128

12.2.6 KEY STRATEGIES 128

12.3 BLOMMER CHOCOLATE COMPANY 129

12.3.1 COMPANY OVERVIEW 129

12.3.2 FINANCIAL OVERVIEW 129

12.3.3 PRODUCTS OFFERED 129

12.3.4 KEY DEVELOPMENTS 129

12.3.5 SWOT ANALYSIS 130

12.3.6 KEY STRATEGIES 130

12.4 BARRY CALLEBAUT 131

12.4.1 COMPANY OVERVIEW 131

12.4.2 FINANCIAL OVERVIEW 131

12.4.3 PRODUCTS OFFERED 132

12.4.4 KEY DEVELOPMENTS 132

12.4.5 SWOT ANALYSIS 133

12.4.6 KEY STRATEGIES 133

12.5 PURATOS GROUP 134

12.5.1 COMPANY OVERVIEW 134

12.5.2 FINANCIAL OVERVIEW 134

12.5.3 PRODUCTS OFFERED 134

12.5.4 KEY DEVELOPMENTS 135

12.5.5 SWOT ANALYSIS 135

12.5.6 KEY STRATEGIES 136

12.6 LINDT & SPRÜNGLI AG 137

12.6.1 COMPANY OVERVIEW 137

12.6.2 FINANCIAL OVERVIEW 137

12.6.3 PRODUCTS OFFERED 138

12.6.4 KEY DEVELOPMENTS 138

12.6.5 KEY STRATEGIES 138

12.7 FERRERO GROUP 139

12.7.1 COMPANY OVERVIEW 139

12.7.2 FINANCIAL OVERVIEW 139

12.7.3 PRODUCTS OFFERED 139

12.7.4 KEY DEVELOPMENTS 139

12.7.5 KEY STRATEGIES 139

12.8 MARS INCORPORATED 140

12.8.1 COMPANY OVERVIEW 140

12.8.2 FINANCIAL OVERVIEW 140

12.8.3 RODUCTS OFFERED 140

12.8.4 KEY DEVELOPMENTS 140

12.8.5 KEY STRATEGIES 140

12.9 EZAKI GLICO CO., LTD. 141

12.9.1 COMPANY OVERVIEW 141

12.9.2 FINANCIAL OVERVIEW 141

12.9.3 PRODUCTS/SERVICES OFFERED 142

12.9.4 KEY DEVELOPMENTS 142

12.9.5 KEY STRATEGIES 142

12.10 PLADIS GLOBAL 143

12.10.1 COMPANY OVERVIEW 143

12.10.2 FINANCIAL OVERVIEW 143

12.10.3 PRODUCTS/SERVICES OFFERED 143

12.10.4 KEY DEVELOPMENTS 144

12.10.5 KEY STRATEGIES 144

12.11 ORION CORP. 145

12.11.1 COMPANY OVERVIEW 145

12.11.2 FINANCIAL OVERVIEW 145

12.11.3 PRODUCTS/SERVICES OFFERED 145

12.11.4 KEY DEVELOPMENTS 145

12.11.5 KEY STRATEGIES 146

12.12 MEIJI HOLDINGS CO., LTD. 147

12.12.1 COMPANY OVERVIEW 147

12.12.2 FINANCIAL OVERVIEW 147

12.12.3 PRODUCTS/SERVICES OFFERED 148

12.12.4 KEY DEVELOPMENTS 148

12.12.5 KEY STRATEGIES 148

12.13 GENERAL MILLS, INC. 149

12.13.1 COMPANY OVERVIEW 149

12.13.2 FINANCIAL OVERVIEW 149

12.13.3 PRODUCTS/SERVICES OFFERED 150

12.13.4 KEY DEVELOPMENTS 152

12.13.5 KEY STRATEGIES 152

12.14 GUITTARD CHOCOLATE COMPANY 153

12.14.1 COMPANY OVERVIEW 153

12.14.2 FINANCIAL OVERVIEW 153

12.14.3 PRODUCTS/SERVICES OFFERED 153

12.14.4 KEY DEVELOPMENTS 154

12.14.5 KEY STRATEGIES 154

12.15 THE HERSHEY COMPANY 155

12.15.1 COMPANY OVERVIEW 155

12.15.2 FINANCIAL OVERVIEW 155

12.15.3 PRODUCTS/SERVICES OFFERED 156

12.15.4 KEY DEVELOPMENTS 157

12.15.5 KEY STRATEGIES 157

13 APPENDIX 158

13.1 REFERENCES 158

13.2 RELATED REPORTS 158

The post Chocolate Market Research Report —Forecast till 2028 first appeared on CRI Report.

Market Overview

The North America chocolate market has observed a substantial CAGR of 3.96% over the last few years. The market growth is anticipated to be driven by the rising consumption of confectionery products across North America. Increasing demand for premium chocolate products is anticipated to act as one of the significant drivers of the chocolate market in North America. The popularity of chocolate as a gift item is likely to upsurge its demand during the forecast period. The rising incidence of obesity is expected to restrict the sales of chocolate during the forecast period. On the other hand, the fluctuating raw material price is also anticipated to create an obstacle for the manufacturers of chocolate.
Chocolate is one of the popular confectioneries among consumers of North America. It is produced from cocoa seeds, cocoa liquor, cocoa butter, sugar, and milk. Chocolate is rich in carbohydrates, and it is an excellent source of instant energy. The high sugar content in chocolate is accelerating the demand for low sugar content chocolate among the population of the US owing to the increasing obesity over the last few years. There are three different types of chocolate available in the market, which include milk, dark, and white. Among that, milk is the popular type among consumers.

Chocolate is the most popular and widely consumed product across North America and has also undergone many transformations to meet changing market demand. It is broadly categorized on the basis of the amount of cocoa it contains. Milk chocolate captures more than 50% of overall chocolate consumption in the region but may contain as little as 10% cocoa. On the other hand, chocolates are considered “dark” if they contain more than 60% cocoa. The market growth is mainly driven by the popularity of chocolate for gifting purposes. Moreover, the growing demand for a premium or healthy ingredients in chocolate products and creative packaging are also fueling the market growth. However, the rising incidence of obesity and other health concerns followed by fluctuating raw material prices are slowing down the market growth. Market players are witnessing several growth opportunities due to the growing demand for health & wellness products and promotional activities.

Market Segmentation

Based on product type, the North America chocolate market has been segmented into the dark, milk, and white. Based on category, the North America chocolate market has been segmented into conventional and organic. Based on nature, the North America chocolate market has been segmented into mass and premium. Based on the distribution channel, the North America chocolate market has been segmented into store-based and non-store-based.

Regional Analysis

The US accounted for the largest market share of 83.52% in 2020, with a market value of USD 22,313.3 million; the market is expected to register a CAGR of 3.78% during the forecast period. Canada was the second-largest market in 2020, valued at USD 3,061.7 million; the market is projected to exhibit a CAGR of 4.05%. However, the market in Mexico is expected to register the highest CAGR of 6.41%.

Major Players

The key players operating in the global chocolate market include Blommer Chocolate Company, Puratos Group, Barry Callebaut, Valrhona, TCHO Chocolate, Paris Gourmet, CasaLuker S.A, Max Felchlin AG, Lindt & Sprüngli AG, and Clasen Quality Chocolate.

COVID 19 Impacts

We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.

The post North America Chocolate Market Research Report Forecast to 2028 first appeared on CRI Report.

Market Overview
CRI has released a report titled Chocolate Market – Analysis of Market Size, Share & Trends for 2014 – 2020 and Forecasts to 2031. The market is anticipated to reach USD 192.2 billion by 2030 at CAGR of 4.7% over the period from 2021 to 2030. . According to the report, emphasizes on the detailed understanding of some decisive factors such as size, share, sales, forecast trends, supply, production, demands, industry and CAGR in order to provide a comprehensive outlook of the global market

Chocolate Market Market: Key Players

Nestle S.A.,
Barry Callebaut,
Arcor,
Chocoladefabriken Lindt & Sprüngli AG,
Mondelez International,Inc.,
The Hershey Company,
Mars,
Incorporated,
Ferrero Group,
TheAustralian Carob Co,
and Meiji Holdings Co., Ltd.

Segmentation
The global Chocolate Market is segmented as follows:

By Type of Chocolate

Dark
White
Milk
By Sales Category

Everyday Chocolate
Premium Chocolate
Seasonal Chocolate

Chocolate Market Market Dynamics
Chocolate Market Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
COVID-19 pre and post business impact analysis
Detailed overview of the parent market
Changing market dynamics in the industry
In-depth market segmentation
What is the Chocolate Market Market growth?
Which segment accounted for the largest Chocolate Market Market share?
Who are the key players in the Griddles Market?
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint
Note: Although care has been taken to maintain the highest levels of accuracy in CRI’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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The post Global Chocolate Market Analysis and Forecast Report 2030 first appeared on CRI Report.

For compound chocolate, it is growing rapidly owing to the lower cost alternative. Ingredients such as coconut oil, palm oil, soybean oil, rapeseed oil, and cottonseed oil are regarded less expensive compared to cocoa butter. Moreover, substances such as vegetable oil are commonly used in place of cocoa butter for compound chocolate production. As a result, a lot of time and cost is saved by chocolate manufacturers in processing compound chocolates which is one of the factors driving the growth of the market. Additionally, Omega-3 fatty acids enriched chocolate spreads using soybean and coconut oils, have shown a potential for the growth of compound chocolates as the consumers tend to eat healthy food.

Regional Analysis
The global real and compound chocolate market is segmented into North America, Europe, Asia Pacific, Latin America, and the rest of the world. The European region is anticipated to account for the maximum market share in the global real chocolate market throughout the forecast period of 2017–2023. The segment is projected to reach to 2,173.4 kilo tons by the end of 2023. Moreover, the Asia Pacific region is likely to witness a high growth rate of 3.49% in the real and compound chocolate market during the forecast period.

Segments
On the basis of type, it is segmented into real chocolate; further sub-segmented into dark, milk, white, compound chocolate; further sub-segmented into dark, milk, white, and others. Based on application, it is segmented into bakery, confectionery, desserts, syrups, seasoning, spreads, and others.

Key Players
The leading market players in the global real and compound chocolate market primarily are Mars Inc. (U.S.), Mondelez International, Inc. (U.S.), The Hershey Co. (U.S.), Barry Callebaut AG (Switzerland), Nestle S.A. (Switzerland), Blommer Chocolate Company (U.S.), Foley’s Candies Ltd. (Canada), Guittard Chocolate Company, PURATOS Group NV (Belgium), Ferrero SPA (Italy), Alpezzi Chocolate (Mexico), Ghirardelli Chocolate Company (U.S.), Valrhona Inc. (France), Republica del cacao (South America), TCHO (U.S.), Puratos Group NV (Belgium), Barry Callebaut AG (Switzerland), Meiji Co., Ltd. (Japan), Lindt & Sprüngli SpA (Italy), Fujian Yake Food Co., Ltd. (China), Aalst Chocolate Pte. Ltd. (Singapore), and Beryl’s Chocolate & Confectionery Sdn. Bhd.(Malaysia).

Target Audience

• Food and beverages manufacturers
• Chocolate manufacturers
• Raw material suppliers
• End-users (food & beverages industry)
• Retailers and wholesalers
• E-commerce companies
• Traders, importers, and exporters

Key Findings
• The global real and compound chocolate market is projected to reach USD 136.99 billion by 2023 at a growth rate of 2.11% and 2.81%, respectively
• The application of real and compound chocolate in seasonings is witnessed to be the fastest growing segment over the forecast period.

Regional and Country Analysis of the Real & Compound Chocolate Market, Development & Demand Forecast to 2023
As per the MRFR analysis, the global real and compound chocolate market is poised to reach 5,022.8 kilo tons and 4,017-kilotons, respectively, by 2023.

Country-Level Analysis

North America
o U.S.
o Canada
o Mexico
Europe
o Germany
o U.K.
o France
o Italy
o Rest of Europe
Asia Pacific
o China
o India
o Japan
o Australia & New Zealand
o Rest of Asia Pacific
Rest of the World
o Middle East
o Latin America
o Africa

Table of Contents:

1 Introduction
1.1 Definition
1.1.1 Real Chocolate
1.1.2 Compound Chocolate
1.2 Scope of the Study
1.2.1 Research Methodology
1.3 Assumptions
1.4 Limitations
1.5 Market Structure
1.6 Research Methodology
1.6.1 Research Process
1.6.2 Primary Research
1.6.3 Secondary Research
1.6.4 Forecast Model
2 Executive Summary & Premium Insights
2.1 Executive Summary
2.2 Premium Insights
2.2.1 Global Real & Compound Chocolate Market: Market Mapping & Research Methodology
2.2.2 Market Overview: Global Real & Compound Chocolate Market
2.2.3 Industry Trends and Market Environment: Global Real & Compound chocolate Market
3 Market Dynamics
3.1 Introduction
3.2 Drivers – Real Chocolate
3.2.1 Premium chocolate bars, and innovative chocolate products that use combinations of premium or healthy ingredients
3.2.2 Creative packaging
3.2.3 Personalization
3.2.4 Advanced technology
3.2.4.1 3D-Technology
3.3 Restraints- Real Chocolate
3.3.1 Rise in obese population
3.3.2 Other health-concerns
3.4 Opportunity – Real Chocolate
3.4.1 Advertising will spur the sales of real chocolate
3.4.2 Growing demand for health and wellness products
3.5 Challenges- Real Chocolate
3.5.1 Gap between consumption and production of cocoa bean
3.6 Drivers of Compound Chocolate
3.6.1 Lower-cost alternative
3.6.2 Efficiency in production with lesser time and cost
3.6.3 Different applications varying from choco-chip cookies to the chocolate coated ice cream bars
3.7 Restraints – Compound Chocolate
3.7.1 Regulations
3.7.2 Functional defaults
3.7.3 Rising health issues due to use of vegetable oils
3.7.4 Contamination of chocolate products
3.8 Opportunities – Compound Chocolate
3.8.1 Omega-3 fatty acids enriched chocolate spreads using soybean and coconut oils
3.8.2 Emphasis on developing markets
3.8.3 Positive outlook for confectionery, biscuits and beverages
3.9 Challenges – Compound Chocolate
3.9.1 Shelf life issues
3.1 Import & Export analysis of Chocolate Industry
3.11 Innovations in Process/Application
3.12 Patents Scenario
3.13 Macroeconomic Indicators Analysis
3.13.1 Pestle Analysis-U.S.
3.13.2 Pestle Analysis-China
3.14 Market Factor Analysis
3.14.1 Introduction
3.14.2 Value Chain Analysis
3.14.3 Supply Chain Analysis
3.14.4 Porter’s Five Forces
3.14.5 Porter’s 5 Forces Analysis: Real & Compound chocolate Market
3.14.5.1 Threat of New Entrants
3.14.5.2 Threat of Substitutes
3.14.5.3 Bargaining Power of Buyers
3.14.5.4 Bargaining Power of Suppliers
3.14.5.5 Intensity of Rivalry
4 Global Real Chocolate Market, By Type
4.1 Global Real Chocolate Market Segmentation
4.1.1 Dark
4.1.2 Milk
4.1.3 White
5 Global Real Chocolate Market, By Application
5.1 Global Real Chocolate Market Segmentation
5.1.1 Bakery
5.1.2 Confectionery
5.1.3 Desserts
5.1.4 Syrups
5.1.5 Seasoning
5.1.6 Spreads
5.1.7 Others
6 Global Real Chocolate Market, By Region
6.1 Global Real Chocolate Market, By Region
6.2 North America Real Chocolate Market, By Type
6.3 North America Real Chocolate Market, By Application
6.4 North America Real chocolate Market, By Country
6.4.1 U.S.
6.4.2 Canada
6.4.3 Mexico
6.5 Europe Real chocolate Market, By Type
6.6 Europe Real Chocolate Market, By Application
6.7 Europe Real chocolate Market, By Country
6.7.1 U.K.
6.7.2 Germany
6.7.3 France
6.7.4 Italy
6.7.5 Rest of Europe
6.8 Asia Pacific Real chocolate Market, By Type
6.9 Asia Pacific Real Chocolate Market, By Application
6.1 Asia Pacific Real chocolate Market, By Country
6.10.1 China
6.10.2 Japan
6.10.3 India
6.10.4 Australia & New Zealand
6.10.5 Rest of Asia Pacific
6.11 Rest of the World Real chocolate Market, By Type
6.12 Rest of the World Real Chocolate Market, By Application
6.13 Rest of the World Real chocolate Market, By Region
6.13.1 Latin America
6.13.2 Middle East
6.13.3 Africa
7 Global Compound Chocolate Market By Type
7.1 Global Compound Chocolate Market by Type
7.1.1 Dark
7.1.2 Milk
7.1.3 White
7.1.4 Others
8 Global Compound Chocolate Market By Application
8.1 Global Compound Chocolate Market by Application
8.1.1 Bakery
8.1.2 Confectionery
8.1.3 Desserts
8.1.4 Syrups
8.1.5 Seasoning
8.1.6 Spreads
8.1.7 Others
9 Global Compound Chocolate Market By Region
9.1 North America Compound Chocolate Market
9.1.1 U.S.
9.1.2 Canada
9.1.3 Mexico
9.2 Europe Compound Chocolate Market
9.2.1 Germany
9.2.2 U.K.
9.2.3 France
9.2.4 Italy
9.2.5 Rest of Europe
9.3 Asia Pacific Compound Chocolate Market
9.3.1 China
9.3.2 Japan
9.3.3 India
9.3.4 Australia & New Zealand
9.3.5 Rest of APAC
9.4 Rest of World Compound Chocolate Market
9.4.1 Latin America
9.4.2 Middle East
9.4.3 Africa
10 Competitive Landscape
11 Company Profiles
11.1 Mars Inc.
11.1.1 Overview
11.1.2 Company Snapshot
11.1.3 Product Portfolio
11.1.4 Business Strategy
11.1.5 Key Developments
11.2 Mondelez International, Inc.
11.2.1 Overview
11.2.2 Company Snapshot
11.2.3 Product Portfolio
11.2.4 Product Portfolio
11.2.5 Business Strategies
11.2.6 Key Developments
11.3 The Hershey Co.
11.3.1 Overview
11.3.2 Company Snapshot
11.3.2.1 Business Strategies
11.3.2.2 Key Developments
11.4 Barry Callebaut AG
11.4.1 Overview
11.4.2 Company Snapshot
11.4.2.1 Barry Callebaut AG
11.4.2.2 Product Portfolio
11.4.2.3 Business Strategies
11.4.2.4 Key Developments
11.5 Nestle S.A.
11.5.1 Overview
11.5.1.1 Company Snapshot
11.5.1.1.1 Nestle S.A.
11.5.1.2 Product Portfolio
11.5.1.3 Key Developments
11.6 Blommer Chocolate Company
11.6.1 Overview
11.6.1.1 Company Snapshot
11.6.1.2 Product Portfolio
11.6.1.3 Business Strategy
11.6.1.4 Recent Developments
11.7 Foley’s Candies Ltd
11.7.1.1 Overview
11.7.1.2 Company Snapshot
11.7.1.3 Product Portfolio
11.7.1.4 Key Developments
11.8 Guittard Chocolate Company
11.8.1 Overview
11.8.1.1 Company Snapshot
11.8.1.2 Product Portfolio
11.9 PURATOS Group NV
11.9.1 Overview
11.9.1.1 Company Snapshot
11.9.1.2 Product Portfolio
11.9.1.3 Key Developments
11.1 Ferrero SPA
11.10.1 Overview
11.10.2 Company Snapshot
11.10.3 Product Portfolio
11.10.3.1 Key Developments
11.11 Alpezzi Chocolate
11.11.1 Overview
11.11.2 Company Snapshot
11.11.2.1 Product Portfolio
11.12 Ghirardelli Chocolate Company
11.12.1 Overview
11.12.2 Company Snapshot
11.12.3 Product Portfolio
11.12.4 Key Developments
11.13 Valrhona Inc.
11.13.1 Overview
11.13.2 Company Snapshot
11.13.2.1 Products Portfolio
11.14 Republica del cacao
11.14.1 Overview
11.14.1.1 Company Snapshot
11.14.1.2 Products Portfolio
11.15 TCHO
11.15.1 Overview
11.15.1.1 Company Snapshot
11.15.1.2 PRODUCT PORTFOLIO

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