Real and Compound Chocolate Market Synopsis:
The real and compound chocolate market is anticipated to acquire considerable expansion due to its numerous applications in beverages, bakery and confectionery, and syrups and spreads during the projection tenure. The scarcity and high price of cocoa butter is likely to give a significant opportunity to the real and compound chocolate manufacturers to strengthen their market in the coming period. Furthermore, the rising demand for innovative chocolate products is anticipated to augment the real and compound chocolate revenue considerably during the forecast period.
According to Market Research Future (MRFR), the global Real and Compound Chocolate Market Share is anticipated to acquire a significant market value of USD 42.74 billion while thriving at a CAGR of 5.69% during the projection period from 2022-2030.
On the other hand, an increase in the obese population is anticipated to obstruct the market growth during the assessment tenure. However, the rising demand for confectionaries and exotic chocolate products is likely to counter the impeding factor that can actuate the real and compound chocolate revenue.
Market Segmentation:
The segmental analysis of the global real and compound chocolate market is done by application and type.
The application-based segments of the global real and compound chocolate market are beverages, dairy & frozen desserts, bakery & confectionery, syrups & spreads, and others. Among all segments, the seasonings segment is likely to witness a CAGR of 28.59%, followed by the confectionery segment thriving at a CAGR of 20.72% during the review period.
The type-based segments of the global real and compound chocolate market are white, dark, and milk. Among all segments, the milk chocolate segment is expected to dominate the global market during the forecast period. The segment is likely to record a CAGR of 2.61% owing to the increasing demand for green label products as a preservative in processed food.
Key Players:
Eminent players of the real and compound chocolate market are Mars Inc. (the US), Ferrero SPA (Italy), Mondelez International, Inc. (the US), Guittard Chocolate Company (the US), Alpezzi Chocolate (Mexico), The Hershey Co. (the US), and Blommer Chocolate Company (the US).
Regional Analysis:
Based on the region, the global market for the real and compound chocolate market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World (RoW).
As per the analysis on Real and Compound Chocolate Market Trends by MRFR, the global market is expected to be dominated by Europe during the review period owing to the increasing consumption of chocolate and chocolate products.
APAC is anticipated to record the highest CAGR during the projection period owing to the rising demand for confectionaries and exotic chocolates. The increasing disposable income is likely to play a significant role in augmenting the regional market during the review period. Furthermore, the presence of emerging economies like India, China, and Japan is anticipated to strengthen the regional market during the review period. India is expected to witness the highest growth rate during the evaluation tenure.
North America is expected to acquire significant market value during the evaluation period owing to the growing demand for chocolates. The US and Canada are projected to augment the regional market in the coming tenure. Furthermore, the presence of key players is likely to be another potential factor that can boost the regional market during the review period.
The Rest of the World (RoW) is anticipated to acquire a smaller amount of market share during the review period. The presence of underdeveloped countries is likely to hamper the market growth in the forthcoming period.
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About Market Research Future:
Market Research Future (MRFR) is a world-renowned market research company that offers a wide range of services, complete with accurate and precise analysis about diverse markets, sub-markets and target consumers. Our approach is a combination of extensive information and multiple data sources that help provide an exhaustive comprehension about the latest major developments to the client, in addition to future events and what measures and decisions to take on the basis of the same.
Our fast-emerging market research firm is armed with an adept research analysts’ team that focuses on gathering useful data and analytics in terms of economic and technological advances. Our proficient analysts conduct industrial visits in a bid to achieve reliable and accurate information from established market participants. One of our foremost objectives is to keep the client well-versed with all the lucrative opportunities as well as challenges surrounding various global markets. We offer step-by-step guidance to our clients, through consulting and strategic services, enabling them to arrive at a practical and effective decision.
Contact Us:
Market Research Future (part of Wantstats Research and Media Private Limited),
99 Hudson Street, 5Th Floor,
New York, New York 10013
United States of America
+1 628 258 0071
Email: sales@marketresearchfuture.com
Website: https://www.marketresearchfuture.com/
Real and Compound Chocolate Market Overview:
The Global Real and Compound Chocolate Market Study is a thorough analysis of the industry's current state and future trends through the year 2030. It includes extensive qualitative as well as quantitative research.
Real and Compound Chocolate Market Share garnered a revenue of USD 42.74 billion expected to register a CAGR of 5.69% during the forecast period (2022-2030).
The cacao tree's seeds are processed to create cocoa. Although it was first cultivated in Latin America, cocoa is today grown in practically every tropical region, spanning Asia and Oceania through West and Central Africa. Several products, notably cocoa liquor, cocoa butter, as well as cocoa powder, are made from cocoa seeds.
Strong changes brought about by the COVID-19 epidemic in the supply chain for real plus compound chocolate as well as changes in consumer behavior are forcing business players to be more watchful and forward-thinking to stay ahead of the competition.
Market Segmentation:
The global real & compound chocolate market has been segmented based on type, application, and region.
Depending on application, type, and geography, the real and compound chocolate industry has been divided into submarkets.
The white, dark, plus milk categories of the global genuine & compound chocolate market have been established.
Real as well as compound chocolate are divided into the following categories based on their intended use: bakery & confectionery, dairy & frozen desserts, syrups & spreads, beverages, and many others.
To study the international Real and Compound Chocolate Market Trends, 4 main regions were considered: North America, Europe, Asia-Pacific, and the rest of the world.
The Middle East, Latin America, plus Africa have been divided up as the real chocolate markets in the rest of the world.
Depending on the application, type, as well as geography, the market for compound chocolate has been divided into submarkets.
The white, dark, plus milk varieties of compound chocolate are available on the global market.
The market is divided based on application into drinks, syrups & spreads, bakery & confectionery, dairy & frozen desserts, and many others.
Four major regions have been investigated concerning the worldwide compound chocolate market: North America, Asia-Pacific, Europe, as well as the rest of the world.
Key Players:
The global Key Real and Compound Chocolate Market Players are:
· Mars Inc. (US)
· Mondelez International, Inc. (US)
· The Hershey Co. (US)
· Barry Callebaut AG (Switzerland)
· Nestle S.A. (Switzerland)
· Blommer Chocolate Company (US)
· Foley’s Candies Ltd (Canada)
· Guittard Chocolate Company (US)
· Ferrero SPA (Italy)
· Alpezzi Chocolate (Mexico)
Regional Classification:
2018 saw Europe earn the greatest revenue share—nearly 42%—in both the worldwide genuine compound chocolate industry as well as the global compound chocolate market. One of the key factors fueling the expansion of the regional market is the huge market for dark chocolate throughout Europe owing to potential health benefits. The main national markets in Germany, Belgium, Italy, the UK, plus Switzerland are those that are growing the real and compound chocolate market within Europe. Nevertheless, Asia-Pacific is anticipated to experience the highest CAGR during the projection period of 2019–2024 because of the area's continued market player expansion as well as the augmentation of its application industries.
Industry News:
Increasing knowledge of the advantages of compound chocolate
The market for compound chocolate is expanding as more consumers become aware of the advantages of eating meals high in cocoa. Along with providing various advantages for human health, cocoa helps to lower blood pressure and protect against sunburn as well as chronic fatigue syndrome. Cocoa's polyphenols work to shield the body's tissues against oxidative stress and its associated conditions, such as cancer as well as inflammation. The compound chocolate market is growing for the same reasons.
Rising interest in blended chocolate
Due to its technical advantages and straightforward, tempering-free manufacturing process, blended chocolate is becoming more and more popular in industrial and baking settings, which is expected to drive the global market for compound chocolate. Demand for compound chocolate has increased as a result of the rising cost of cocoa butter, the industry's constrained availability of cocoa goods, as well as the low cost of blended chocolate.
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Rapport d'étude de marché sur le levain : par type (type I, type II et type III), ingrédients (blé, seigle, avoine, orge et autres), application (pain et brioches, pizza, gâteaux et autres) et région (Amérique du Nord, Europe, Asie-Pacifique et reste du monde) — Prévisions jusqu'en 2030
プロバイオティクス市場:種類(ビフィズス菌、乳酸菌など)、用途(機能性食品および飲料、栄養補助食品、動物栄養など)および地域(北米、ヨーロッパ、アジア太平洋、南米、中東、アフリカ)別の情報-2027年までの予測
About Market Research Future:
Market Research Future (MRFR) is a world-renowned market research company that offers a wide range of services, complete with accurate and precise analysis about diverse markets, sub-markets and target consumers. Our approach is a combination of extensive information and multiple data sources that help provide an exhaustive comprehension about the latest major developments to the client, in addition to future events and what measures and decisions to take on the basis of the same.
Our fast-emerging market research firm is armed with an adept research analysts’ team that focuses on gathering useful data and analytics in terms of economic and technological advances. Our proficient analysts conduct industrial visits in a bid to achieve reliable and accurate information from established market participants. One of our foremost objectives is to keep the client well-versed with all the lucrative opportunities as well as challenges surrounding various global markets. We offer step-by-step guidance to our clients, through consulting and strategic services, enabling them to arrive at a practical and effective decision.
Contact Us:
Market Research Future (part of Wantstats Research and Media Private Limited),
99 Hudson Street, 5Th Floor,
New York, New York 10013
United States of America
+1 628 258 0071
Email: sales@marketresearchfuture.com
Website: https://www.marketresearchfuture.com/