Global Chocolate Market (2019-2025)- Report, Outlook & 6Wresearch

0
569

Global Chocolate Market Overview

Global Chocolate Market is developing as manufacturers are cutting down the usage of chemical additives like Cargill have gone a step ahead and removed lecithin from its cocoa and chocolate offerings. Neste SA introduced a limited-edition green tea matcha KitKat in the United Arab Emirates, Saudi Arabia, and Kuwait in October 2019. Lindt & Sprüngli debuted a new Lindt Chocolate Boutique at Zurich Airport in May 2019, a new counter where Lindt Master Chocolatiers produce daily fresh chocolate masterpieces.

Increasing the disposable income of consumers coupled with shifting taste preferences from traditional sweets to confectionery products is driving the demand of the global chocolate market. Moreover, a growing population, increasing urbanization, and easy availability of the product would be some of the major factors leading to growth in demand for chocolates worldwide. Increasing competition due to the presence of a large number of players in the market would result in a decline in the prices of chocolates augmenting the growth of the global chocolate market.

According to 6Wresearch, the Global Chocolate market size is projected to grow at a CAGR of 3.5% during 2019–25. Based on chocolate types, milk chocolate captured the majority of the market revenue share in 2018 and is expected to lead the market revenues during the forecast period as well owing to the easy availability of the product and growing consumer preference towards sweeter chocolates. However, Dark chocolate is projected to witness substantial growth over the next six years due to growing.

Europe dominates the global chocolate market owing to increasing consumer demand for dark chocolate in the region. However, the Asia Pacific region, especially emerging economies such as India, China, and Japan are projected to witness substantial revenue growth over the coming years due to the growing young population in the region.

Key Highlights of the Report:-

  • Global Chocolate Market Overview
  • Global Chocolate Market Outlook
  • Global Chocolate Market Forecast
  • Market Drivers and Restraints
  • Global Chocolate Market Price Trends
  • Global Chocolate Market Trends and Industry Life Cycle
  • Porter’s Five Force Analysis
  • Market Opportunity Assessment
  • Global Chocolate Market Share, By Regions
  • Global Chocolate Market Share, By Players
  • Company Profiles
  • Key Strategic Recommendations

About us: -

6wresearch is the premier, one-stop market intelligence and advisory center, known for its best-in-class business research and consulting activity. We provide industry research reports and consulting services across different industries and geographies which provide industry players an in-depth coverage and help them in decision-making before investing or entering into a particular geography. Our Research Process Outsourcing (RPO) division enables our clients to reduce their costs by outsourcing their research needs and focusing on their core competencies.

Contact Us:-

Phone: +911143024305 | Email Id: sales@6wresearch.com

Search
Nach Verein filtern
Read More
Literature
Therapy in Kauai
Therapy in Kauai Working with a clinician is like putting puzzle pieces together. Explore the...
Von Painter Dandenong 2022-09-18 18:03:11 0 756
Other
Preserving Freshness: Why Cosmetics Tin Containers Are Essential for Your Products
In the ever-evolving world of cosmetics, packaging plays a crucial role in preserving product...
Von Nikita Containers 2024-03-13 11:25:52 0 171
Other
Metal Fabrication Market to Reach $20.52 Billion by 2029
Metal Fabrication Market : Due to an increase in the need for metal processing and machining in...
Von Rutuja Shinde 2023-07-25 17:22:31 0 487
Other
Escorts in Lahore +923011114937
Lahore Escorts, the cultural capital of Pakistan, is a city bustling with a vibrant nightlife. As...
Von Komal Gupta 2023-11-23 06:41:57 0 326
Art
Accurate SAP C_LCNC_02 Exam Questions PDF Material
2023 Latest Prep4pass C_LCNC_02 PDF Dumps and C_LCNC_02 Exam Engine Free Share:...
Von Xuz Pop 2023-06-16 03:49:17 0 611