December 5, 2021

Chocolate Market size to grow by USD 41.72 bn from 2020 to 2025 |17000+ Technavio Reports

NEW YORK, Nov. 15, 2021 /PRNewswire/ — The “Chocolate Market – Competitive Analysis, Drivers, Challenges & Five Force Analysis” report…

NEW YORK, Nov. 15, 2021 /PRNewswire/ — The “Chocolate Market – Competitive Analysis, Drivers, Challenges & Five Force Analysis” report has been added to Technavio’s offering. The chocolate market is set to grow by USD 41.72 billion from 2020 to 2025, progressing at a CAGR of 4.95% as per the latest report by Technavio.

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Market Dynamics

Factors such as increasing premiumization of chocolates and new product launches will be crucial in driving the growth of the market. But the unstable cocoa prices and declining per capita consumption will restrict the market growth.

Company Profiles

The chocolate market report provides complete insights on key vendors including Arcor Group, Delfi Ltd., Ferrero International SA, Lindt and Sprüngli Group, Mars Inc., Mondelez International Inc., Nestle SA, The Australian Carob Co., The Hershey Co., and Yildiz Holding A.S.



Some Companies with Key Offerings –

  • Arcor Group –The company offers products under the brand name Aguila.
  • Delfi Ltd. –The company offers products under the brand name Confectionary.
  • Ferrero International SA, Lindt –The company offers products under the brand names of Nutella, Kinder, Ferreo paralines, and Tic tac.

Competitive Analysis

The competitive scenario provided in the chocolate market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc.

Market Segmentation

  • By Product, the market is classified into Milk Chocolate, Dark Chocolate, and White Chocolate. The chocolate market share growth by the milk chocolate segment will be significant.
  • By Geography, the market is classified as Europe, North America, APAC, South America, and MEA. Europe will have the largest share of the market.

Related Reports –

Dietary Chocolate Products Market –The dietary chocolate products market has the potential to grow by USD 6.71 billion during 2020-2025, and the market’s growth momentum will accelerate at a CAGR of 7.20%. Download a free sample now

Chocolate Flavor Market –The chocolate flavor market has the potential to grow by USD 116.96 million during 2020-2025, and the market’s growth momentum will accelerate at a CAGR of 5.24%.  Download a free sample now!

Chocolate Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 5%

Market growth 2021-2025

USD 41.72 billion

Market structure

Fragmented

YoY growth (%)

4.36

Regional analysis

Europe, North America, APAC, South America, and MEA

Performing market contribution

Europe at 35%

Key consumer countries

US, Germany, UK, Belgium, and China

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Arcor Group, Delfi Ltd., Ferrero International SA, Lindt and Sprüngli Group, Mars Inc., Mondelez International Inc., Nestle SA, The Australian Carob Co., The Hershey Co., and Yildiz Holding A.S.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email: media@technavio.com

Website: www.technavio.com/

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SOURCE Technavio