Chocolate Market Forecast and Trends Analysis Research Report 2020-2027

The market report added by GMI Research gives meticulous investigation of the current scenarios in the market, including market size, share, trends, overall demand, growth, leading players, and forecasts for the coming years.

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Market Segmentation of the Chocolate Market:

The Chocolate Market is spilt by Type, Product, Distribution Channel, and Region. The given analysis will help you to expand your business by targeting niche markets. For the forecast period, the growth among segments offers accurate calculations and forecasts for sales in terms of volume and valve.

By Type:

  • Dark Chocolate
  • Milk & White Chocolate

By Product:

  • Softlines/ Selflines
  • Countlines
  • Moulded Chocolates
  • Others

By Distribution Channel:

  • Supermarkets/ Hypermarkets
  • Specialist Retailers
  • Convenience Stores
  • Online Channel
  • Others

By Region:

  • North America
    • United States of America
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of APAC
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Rest of Europe
  • RoW
    • Brazil
    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of the world (remaining countries of the LAMEA region)

Key Drivers of the Chocolate Market:

Increasing consumer awareness regarding the health advantages of chocolate is the key factor boosting the growth of the global chocolate market. The easy availability of a wide variety of chocolates and the increasing popularity of dark chocolate is further surging the growth of the chocolate market share in terms of revenue. The chocolate contains protein, milk, and other nutrients, which helps in maintaining good health and reduces the risk of heart diseases. Chocolate consists of antioxidants that reduces blood pressure, improves blood circulation and cholesterol. Additionally, the increasing disposable income of consumers, especially in the emerging countries and the change in the consumer’s demand for healthy products, will further surge the demand for dark chocolates.

Several multinational giants, including Ferrero and Hershey’s, are mainly aiming on product innovation, such as the introduction of different delicious flavors, will encourage the consumers to opt for chocolates. According to the chocolate market research, the rising trend of chocolate gifts in the seasonal and festive occasions is having a positive influence on the market. Numerous key players are introducing several marketing strategies and innovative packaging solutions to cater the growing demand in the market.

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Company coverage of the Chocolate Market:

  • Mars, Incorporated
  • Ferrero
  • Mondelez International
  • The Hershey Company
  • Nestle SA
  • Arcor Group
  • The Kraft Heinz Company
  • Ghirardelli Chocolate Company
  • Moonstruck Chocolate
  • Ezaki Glico Co Ltd.

About GMI Research:

GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst use a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us a pioneer in the emerging market research space. Our syndicate reports cover multiple industries across various regions and countries.

Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve.

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