Industrial Chocolate Market by Application and Geography - Forecast and Analysis 2021-2025

  • Published: Feb 2021
  • Pages: 120
  • SKU: IRTNTR43472
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The industrial chocolate market size has the potential to grow by 1802.13 thousand tons during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 4.25%. 

This report provides a detailed analysis of the market by application (confectionery, biscuits and bakery products, dairy and desserts, ice creams and frozen items, and cereals and others), geography (APAC, Europe, MEA, North America, and South America), and key vendors. 

Market Overview

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Market Competitive Analysis

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

 

  • Barry Callebaut AG
  • Cargill Inc.
  • CEMOI Group
  • Lindt & Sprüngli Group
  • Clasen Quality Coatings Inc.
  • Fuji Oil Co. Ltd.
  • Mars Inc.
  • Mondelez International Inc.
  • Nestle SA
  • The Hershey Co.

 

The industrial chocolate market is fragmented and the vendors are deploying growth strategies such as launching new variants of industrial chocolates to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

The market players also significantly leverage external market drivers such as growing consumer awareness about the health benefits of dark chocolate to achieve growth opportunities. However, factors such as stringent regulations regarding the quality of industrial chocolate will challenge the growth of the market participants. 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.

Download a free sample of the industrial chocolate market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

This industrial chocolate market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities. Grab your Free Sample now to unlock further information on other key market drivers.

Industrial Chocolate Market: Segmentation by Geography

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35% of the market’s growth will originate from Europe during the forecast period. Germany, Belgium, and France are the key markets for industrial chocolate in Europe. However, market growth in Europe will be slower than the growth of the market in other regions.

Growing consumer awareness about the various health benefits associated with the consumption of chocolate is one of the prime factors that will facilitate the industrial chocolate market growth in Europe over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report. 

Industrial Chocolate Market: Segmentation by Application

Industrial-Chocolate-Market-Market-Share-by-Application-2020-2025

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The market growth in the confectionery segment is being driven by a continuous flow of investments by confectionery vendors into expanding their product offerings. The growth of the industrial chocolate market in the confectionery segment is also being fueled by the rising number of product launches under the ruby chocolate category. 

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

 

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Industrial Chocolate Market: Key Highlights of the Report for 2021-2025

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

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Industrial Chocolate Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 4%

Market growth 2021-2025

1802.13 th tons

Market structure

Fragmented

YoY growth (%)

3.26

Regional analysis

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

Performing market contribution

Europe at 35%

Key consumer countries

US, Germany, Belgium, France, and China

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Barry Callebaut AG, Cargill Inc., CEMOI Group, Lindt & Sprüngli Group, Clasen Quality Coatings Inc., Fuji Oil Co. Ltd., Mars Inc., Mondelez International Inc., Nestle SA, and The Hershey Co.

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 forecast period,

Customization purview

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Executive Summary

Market Landscape

  • Market ecosystem
  • Impact of COVID-19 on consumer staples sector
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Application

  • Market segments
  • Comparison by Application
  • Confectionery - Market size and forecast 2020-2025
  • Biscuits and bakery products - Market size and forecast 2020-2025
  • Dairy and desserts - Market size and forecast 2020-2025
  • Ice creams and frozen items - Market size and forecast 2020-2025
  • Cereals and others - Market size and forecast 2020-2025
  • Market opportunity by Application

Customer landscape

  • Overview

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • Europe - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • APAC - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Barry Callebaut AG
  • Cargill Inc.
  • CEMOI Group
  • Lindt & Sprüngli Group
  • Clasen Quality Coatings Inc.
  • Fuji Oil Co. Ltd.
  • Mars Inc.
  • Mondelez International Inc.
  • Nestle SA
  • The Hershey Co.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The industrial chocolate market growth will increase by $1731.93 thousand tons during 2019-2024.
The industrial chocolate market is expected to grow at a CAGR of 4.00% during 2019-2024.
Technavio has segmented the industrial chocolate market by application (Confectionery, Biscuits and bakery products, Dairy and desserts, Ice creams and frozen items, and Cereals and others) and geographic (Europe, North America, APAC, South America, and MEA).
Barry Callebaut AG, Cargill Inc., CEMOI Group, Clasen Quality Coatings Inc., Fuji Oil Co. Ltd., Mars Inc., Mondelez International Inc., NATRA SA, Nestle SA, The Hershey Co. are a few of the key vendors in the industrial chocolate market.
Europe will register the highest growth rate of 34.32% among the other regions. Therefore, the industrial chocolate market in Europe is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the industrial chocolate market growth are:
  • Growing consumer awareness about the health benefits of dark chocolate
  • Growing vendor emphasis on sustainable cocoa production
The industrial chocolate market vendors should focus on grabbing business opportunities from the confectionery segment as it accounted for the largest market share in the base year.
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