According to a recently published report by IndustryARC,
ever-growing appeal of the chocolate products among all groups of people,
increasing brand promotion, innovative and sustainable packaging, and
celebration confectionery and gift boxes will accumulate huge demand for
chocolate confectionery in the foreseeable years. Moreover, trending organic
products have simultaneously influenced the chocolate confectionery market with
premium quality ingredients leveraging significant revenue income in the past
few decades. Owing to a rise in the customer outreach activities by the
manufacturing companies, the global chocolate confectionery market offered
opportunities worth $129.93 billion as of 2018. Additionally, the chocolate
confectionery market demand is projected to grow at a compound annual growth
rate (CAGR) of 2.49% through to 2025, kids being their prime area of focus.
The aforementioned report is titled “Chocolate
Confectionery Market: By Type (Countlines, Bagged Selflines/ Softlines, Alfajores,
Boxed Assortments, Others); By Composition (Milk Chocolate, Dark Chocolate,
White Chocolate, Chocolate Creams, Others); By Distribution Channel
(Supermarkets/ Hypermarkets, Discounters, Convenience Stores, Confectionery
Specialists/Shops, Online Retail, Others) & Geography - Forecast
(2019-2025).” A deeper market analysis by the expert team presents a scope of
opportunity, commercially viable products detailing, a strategic interpretation
of the market scenario, and geographical segmentation from vendor’s
perspective.
Global Chocolate Confectionary Market: Leading Segments:
Chocolate confectionery manufacturing process either
includes cocoa beans as the principal raw material or processed chocolates
across the world. Europe delivers a wide range of chocolate products such as
milk chocolate, dark chocolate, white chocolate, vegan chocolate, and several
others leveraging a burgeoning
scope for the chocolate confectionery industry. Europe is the largest
market for chocolate products; importing 5,222,327 cocoa harvests into the
continent, Germany is the center for chocolate confectionery market in this
region. Due to the perennial demand for chocolates Europe held a robust
regional share of 40.16% in the year 2018. As per the report countlines chocolate
demand by the retailers is evaluated to increase at a CAGR of 2.27% during the
forecast period 2019-2025.
Global Chocolate Confectionary Market: Disruptive Trends
and Growth Drivers:
· Tasteful
Insights into Flavored Chocolates:
Widespread demand for chocolate as an essential part of
desserts and delights over the past years which has led to budding of new innovations in the niche market specifically with variant flavoring. Market players, bakeries, and restaurateurs have added
certain twists and flavoring essence for creating brand new products which
include milkshakes, ice creams, citrus, coffee, and chilly flavored chocolate
confectioneries as well as bacon coated with chocolate. These variants have
popular demand across the overseas and earned huge ROI.
· Celebrations’
Chocolate Innovation:
Festive and special occasion induce huge demand for the
chocolate gift boxes and special designed, premium quality, and signature
gourmet chocolates. Manufacturing companies gain lucrative benefits with
chocolate cards and greetings, chocolate awards, religious and sports themed
chocolates, mixed variety of best chocolate boxes, and many others.
· Organic
Chocolate Confectionary Trend:
Albeit being a mainstream food product, chocolate industry is generating long-term demand from all across the world owing to the continuous development and innovation in this industry gradually gaining traction. Organic trend for the chocolate confectionery is luring public interest worldwide attributing to an array of new products such as chocolate coated vegetables and popcorn, hazelnut, peanut butter, and berries mixed organic chocolates.
Talk to one of our sales representative about the full
report by providing your details in the link below:
https://www.industryarc.com/support.php?id=18631
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What can you expect from the report?
The point-of-use water treatment system market is prepared
with the main agenda to cover the following 20 points:
1. Market Size by Product Categories & Applications 11.
Demand Analysis (Revenue & Volume)
2. Market trends & Relevant Market
Data 12. Country level Analysis
3. Manufacturer Landscape 13. Competitor
Analysis
4. Distributor Landscape 14. Market Shares Analysis
5. Pricing Analysis 15. Value Chain Analysis
6. Top 10 End user Analysis 16. Supply Chain Analysis
7. Product Benchmarking 17. Strategic Analysis
8. Product Developments 18. Current & Future Market
Landscape Analysis
9. Mergers & Acquisition Analysis 19. Opportunity
Analysis
10. Patent Analysis 20. Revenue and Volume Analysis
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About IndustryARC: IndustryARC is a research and consulting firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food and Beverages, Information Technology, and Life sciences and Healthcare.