Chocolate Confectionery Market Size, Share, Report, Analysis, Trends & Forecast to 2026
Jan 2, 2019
According to Stratistics MRC, the Global Chocolate Confectionery Market is accounted for $128.79 billion in 2017 and is expected to reach $187.05 billion by 2026 growing at a CAGR of 4.2% during the forecast period.
Gaithersburg, Maryland, United States - January 2, 2019 /MarketersMedia/ —
Factors such as increasing demand for chocolates and declining price of cocoa beans which is used as raw material in the processing of chocolate items are driving the market growth. However, negative health connotations of chocolate will continue to undermine sales and increases in the price of imported raw materials such as cocoa butter and sugar are hindering the market.
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Confectionery is divided into two broad and rather overlapping categories, bakers’ confections and sugar confections. In addition, interesting packaging of products, innovative branding tricks and promotional events raising the demand for chocolates amongst consumers due to promotion and selling strategies are increasing the chocolate confectionery.The company also has conducted several marketing events.
Based on Composition, dark chocolate segment is anticipated to show a high growth rate due to growing demand for dark chocolate in emerging countries which will impact the expansion of the chocolate industry and increase in the seasonal sales thus boosting the dark chocolate segment during the estimated period. In terms of geography, Asia Pacific is expected to grow at a high rate due to the increasing disposable incomes of the people in this region, huge population base and increasing focus on market players.
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Some of the key players profiled in the Chocolate Confectionery Market include Arcor, Barry Callebaut, Blommer, DV Chocolate, Ferrero Group, Foley's Candies LP, Hershey Foods, Honest Chocolate, Mars, Inc., Mars, Incorporated, Mondel?z International, Inc., Nestlé, Ooh La La Confectionery, Puratos and The Hershey Companyinclude.
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Compositions Covered:
• Chocolate Creams
• Nut Chocolate
• Organic Chocolate
• White Chocolate
• Milk Chocolate
• Dark Chocolate
• Other Compositions
Product Types Covered:
• Chocolate lollipops
• Chocolate with Toys
• Molded Bars & Tablets
• Novelties
• Alfajores
• Bagged Selflines/Softlines
• Countlines
• Seasonal Chocolate
• Boxed Assortments
• Other Product Types
Distribution Channels Covered:
• Club Stores
• Confectionery Specialists/Shops
• Convenience Stores
• Discounters/Dollar Stores
• Drug Stores
• Health and Beauty Retailers
• Independent Small Grocers
• Online Retail
• Supermarkets/Hypermarkets
• Other Distribution Channels
Applications Covered:
• Manufactory
• Restaurant and Coffeehouse
• Other Applications
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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About Stratistics MRC
We offer wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services and Full Time Equivalent (FTE) services in the research world. We explore the market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.
Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.
Contact Info:
Name: James Lamb
Email: Send Email
Organization: Stratistics Market Research Consulting Pvt Ltd
Phone: +1-301-202-5929
Website: https://www.strategymrc.com
Source: MarketersMedia
Release ID: 465128
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