Industry analysis of Chocolate : Based on Product, Application and Region

Chocolate Market

Chocolate is a typically sweet, usually brown comfort food prepared from cocoa tree in the form of blocks, liquid, or paste. Chocolate is used as flavoring ingredients in several foodstuffs, such as chocolate brownies, cakes, chocolate cookies, bars, and candies. The main ingredient cocoa provides phytochemicals, which is an antioxidant. The content of phytochemicals is high in dark chocolates. Chocolate increases serotonin levels in the brain and the gut and improves immune system.

The increasing awareness of health benefits associated with chocolate is major factor propelling growth of the chocolate market. Consuming chocolate offers health benefits such as blood pressure suppressing property, antioxidant enrichment, and anti-aging. Furthermore, increasing demand for chocolate and chocolate-base products on seasonal and festival occasion significantly contributes to growth of the chocolate market. High demand for chocolate in confectionery market further fuels growth of the market. For instance, according to Coherent Market Insights’ analysis, the confectionery market is expected to witness CAGR of 3.8% during the forecast period of 2017 – 2025.

Chocolate Market Is Expected To Grow From Usd 120.5 Billion In 2020 And Reach Usd 200.4 Billion By 2027, Growing At A Cagr Of 3.8% Period 2021-2027 

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Coherent Market Insights most recent report on Chocolate Market analyzes the impact of the novel coronavirus (COVID-19) on the industry. The report includes the global industry outlook in the light of the current market situation, trends, key industry players, and how these factors are expected to boost the Chocolate market over the projection horizon.

The top key players included in this

Mars, Hershey, Nestlé, Barry Callebaut, Kraft Foods, Ferrero, Moonstruck Chocolatier Co., Ghirardelli Chocolate Co., and Mondelez International (Cadbury).

The global Chocolate market report promises exact records regarding various factors driving or constraining business sector improvement. Key stakeholders can don’t forget statistics, tables & figures referred to in this Chocolate report for strategic planning which lead to the success of the organizations


Points Covered in the Chocolate Market Report

  1. The Chocolate market report covers regional as well as sub-regional analysis of the market. It includes factual as well as statistical analysis with information obtained from the company website, annual reports, and the in-house database. The report also offers country-level insights into factors affecting the growth of the market in the respective country.

  2. The report encompasses quantitative and quantitative analysis of the market and different factors such as political analysis, economic analysis, and socio-economic factors affecting the growth of the market.

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  • In-depth understanding of key industry trends shaping the present growth dynamics
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