Dietary Chocolate Products Market by Distribution Channel and Geography - Forecast and Analysis 2021-2025

The dietary chocolate products market share is expected to increase by USD 6.71 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 7.2%.

This dietary chocolate products market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers dietary chocolate products market segmentation by distribution channel (offline distribution and online distribution) and geography (Europe, North America, APAC, South America, and MEA). The dietary chocolate products market report also offers information on several market vendors, including Barry Callebaut AG, CEMOI Group, Guittard Chocolate Co., Gujarat Cooperative Milk Marketing Federation, Lindt and Sprungli (USA) Inc., Meiji Holdings Co. Ltd., Migros Cooperatives, Mondelez International Inc., Pascha Chocolate Co., and SCHOKINAG-Schokolade-Industrie GmbH among others.

What will the Dietary Chocolate Products Market Size be During the Forecast Period?

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Dietary Chocolate Products Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a positive impact on the market growth during and after post COVID-19 era. The rising awareness about the benefits of dietary chocolate products is notably driving the dietary chocolate products market growth, although factors such as volatility in raw material prices may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the dietary chocolate products industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Dietary Chocolate Products Market Driver

The rising awareness about the benefits of dietary chocolate products is one of the key factors driving the growth of the global dietary chocolate products market. The Health benefits of dietary chocolate products will drive the market focus during the forecast period. Dietary chocolate is nutritious and has several health benefits. A decent quantity of soluble fiber and minerals exist in such chocolates. Dietary chocolate is also considered a powerful source of antioxidants. Antioxidants help in revoking cell damage and also help our body to fight against fatal diseases effectively. Dietary chocolates, which are rich in cocoa, carry high amounts of antioxidants and polyphenols. Dietary chocolate consumption is beneficial for improving blood flow and lowering blood pressure. In addition, dietary chocolate increases high-density lipoproteins and lowers low-density lipoproteins. Moreover, dietary chocolates keep the heart free from coronary heart diseases. Owing to the increasing awareness about the abovementioned health benefits, the demand for dietary chocolate products is growing across the world.

Key Dietary Chocolate Products Market Trend

The rise in demand for organic cocoa will fuel the global dietary chocolate products market growth. Most developed countries and a few developing countries have national standards, regulations, and inspection and certification systems for organic cocoa. For instance, in the US, the Organic Foods Production Act, enacted under Title 21 of the 1990 Farm Bill, establish uniform national standards for the production and handling of foods labeled as organic. The Act authorized a new National Organic Program under the United States Department of Agriculture to set national standards for the production, handling, and processing of organically grown agricultural products. This increased consumers? confidence in the organic label. Compared to conventional cocoa, organic cocoa and the products derived from them are rich sources of beneficial plant compounds, particularly flavanols, which possess antioxidant, heart-protective, and anti-cancer properties. Moreover, the sales of organic chocolate, including dietary chocolate products, are projected to grow in countries with high GDP per capita, as consumers in these countries have a higher disposable income to spend on premium chocolate products, such as organic chocolates.

Key Dietary Chocolate Products Market Challenge

The volatility in raw material prices is a major challenge for the global dietary chocolate products market growth. The biggest price factor is the cost of cocoa. Dietary chocolate makers produce chocolate using two components of cocoa, cocoa powder, and cocoa butter. Cocoa butter is by far the most desirable of both as it provides richness to the products and is used in thin chocolate confectionery. The production of cocoa butter is complex and expensive. Thus, any disruption in the supply of cocoa eventually results in fluctuating prices of dietary chocolates. Moreover, Child labor is also prevalent in the cocoa industry. Movements to minimize this illegal and unethical cheap labor will result in either lower production or higher prices of cocoa, as farmers must pay higher wages to adult workers. The limited supply of cocoa, coupled with the rise in the price of cocoa, will hinder the growth of the market. It will also affect the prices of raw materials, thereby posing a challenge to the growth of the market in focus.

This dietary chocolate products market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Parent Market Analysis

Technavio categorizes the global dietary chocolate products market as a part of the global packaged foods and meats market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the dietary chocolate products market during the forecast period.

Who are the Major Dietary Chocolate Products Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

• Barry Callebaut AG
• CEMOI Group
• Guittard Chocolate Co.
• Gujarat Cooperative Milk Marketing Federation
• Lindt and Sprungli (USA) Inc.
• Meiji Holdings Co. Ltd.
• Migros Cooperatives
• Mondelez International Inc.
• Pascha Chocolate Co.
• SCHOKINAG-Schokolade-Industrie GmbH

 

This statistical study of the dietary chocolate products market encompasses successful business strategies deployed by the key vendors. The dietary chocolate products market is fragmented and the vendors are deploying growth strategies such as established distribution networks, branding activities, and high-end product offerings to compete in the market.

Product Insights and News

• Barry Callebaut AG - The company offers dietary chocolate products that are made from beans grown in Santo Domingo with an adventurous perfume of blue fruit, hummus, and spicy cedar that offers to dissipate woody taste, under the brand name of Barry Callebaut.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The dietary chocolate products market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Dietary Chocolate Products Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the dietary chocolate products market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The value chain of the global packaged foods and meats market includes the following core components:

• Inputs
• Inbound logistics
• Operations
• Outbound logistics
• Marketing and sales
• Service
• Support activities
• Innovation

The report has further elucidated other innovative approaches being followed by manufacturers to ensure a sustainable market presence.

Which are the Key Regions for Dietary Chocolate Products Market?

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44% of the market's growth will originate from Europe during the forecast period. Germany, UK, and France are the key markets for dietary chocolate products market in Europe. Market growth in this region will be slower than the growth of the market in regions.

The rising awareness about the benefits of dietary chocolate products will facilitate the dietary chocolate products market growth in Europe over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The COVID-19 outbreak has had a mixed impact on the sales of dietary chocolate products in Europe. Although the sales through offline stores declined in 2020, they witnessed an increase through online distribution channels. However, in 2021, the initiation of large-scale vaccination drives has lifted the lockdown and travel restrictions, which led to the resumption of supply chain activities. Such factors are expected to drive the market during the forecast period.

What are the Revenue-generating Distribution Channel Segments in the Dietary Chocolate Products Market?

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The dietary chocolate products market share growth by the offline distribution segment will be significant during the forecast period. Offline distribution channels include supermarkets and hypermarkets, department stores, convenience stores, distributors, and others. Supermarkets and hypermarkets offer a wide range of healthy chocolate items from different brands, and consumers can easily choose and buy their desired products from these stores. Vendors set up in-store advertisement campaigns to increase the sales and reach of their dietary chocolate products.

This report provides an accurate prediction of the contribution of all the segments to the growth of the dietary chocolate products market size and actionable market insights on post COVID-19 impact on each segment.

 

Dietary Chocolate Products Market Scope
Report Coverage	Details
Page number	120
Base year	2020
Forecast period	2021-2025
Growth momentum & CAGR	Accelerate at a CAGR of 7.2%
Market growth 2021-2025	$ 6.71 billion
Market structure	Fragmented
YoY growth (%)	7.05
Regional analysis	Europe, North America, APAC, South America, and MEA
Performing market contribution	Europe at 44%
Key consumer countries	US, Germany, UK, France, and Russian Federation
Competitive landscape	Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled	Barry Callebaut AG, CEMOI Group, Guittard Chocolate Co., Gujarat Cooperative Milk Marketing Federation, Lindt and Sprungli (USA) Inc., Meiji Holdings Co. Ltd., Migros Cooperatives, Mondelez International Inc., Pascha Chocolate Co., and SCHOKINAG-Schokolade-Industrie GmbH
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for 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.

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What are the Key Data Covered in this Dietary Chocolate Products Market Report?

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will drive dietary chocolate products market growth during the next five years
• Precise estimation of the dietary chocolate products market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the dietary chocolate products industry across Europe, North America, APAC, South America, and MEA
• A thorough analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of dietary chocolate products market vendors

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