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Organic Chocolate Market by Type and Geography Forecast and Analysis 2022-2026

  • Published: May 2022
  • Pages: 137
  • SKU: IRTNTR40246
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The organic chocolate market share is expected to rise to USD 137.54 million by 2026, and the market's growth momentum will accelerate at a CAGR of 2.71%.

The market research report provides valuable insights into the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by type (organic dark chocolate, organic milk chocolate, and organic white chocolate) and geography (Europe, North America, APAC, South America, and Middle East and Africa)

The organic chocolate market report also offers information on several market vendors, including Alter Eco Americas Inc., Barry Callebaut AG, Chocolat Bernrain AG, Compartes Chocolatier, Difiori LLC, Divine Chocolate Ltd., Endangered Species Chocolate LLC, Fortissimo Chocolates Ltd., Giddy Yoyo Inc., HOFER KG, Mason and Co., Mondelez International Inc., Montezumas Direct Ltd., Newmans Own Inc., Nibmor Inc., Rococo Chocolates London Ltd., Stern Wywiol Gruppe GmbH and Co. KG, Taza Chocolate, The Grenada Chocolate Co. Ltd., and The Hershey Co. among others.

barry-callebaut.com - The company offers organic chocolates such as Santo Domingo dark chocolate, Sao Tome, and Arriba Milk chocolate. The EMEA segment deals with the operations and sale of products in Europe, Middle East, and Africa regions.

What will the Organic Chocolate Market Size be During the Forecast Period?

Organic Chocolate Market Size

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Parent Market Analysis

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

Organic Chocolate Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a positive impact on the market growth during and post-COVID-19 era. The product launches is notably driving the organic chocolate market growth, although factors such as product recalls may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Organic Chocolate Market Driver

  • One of the key factors driving the global organic chocolate industry growth is product launches.
  • The launch of new products helps increase the revenue and market share of vendors.
  • The rise in demand is attributed to the availability of organic chocolates globally in new flavours and the willingness of consumers to try them.
  • The continuous launch of new variants of organic chocolates will encourage more end-users to buy. This, in turn, will drive the growth of the market in focus during the forecast period.

Key Organic Chocolate Market Trend

  • Growing demand for seasonal organic chocolates as gifts is one of the key organic chocolate industry trends that is expected to impact the industry positively in the forecast period.
  • Gifting is common in many countries, especially Germany, the US, Canada, Argentina, and Brazil. Certain vendors operating in the global organic chocolate market offer organic chocolate as gift sets.
  • Gift boxes containing organic chocolates are available for various events and occasions.
  • The growing popularity of seasonal organic chocolates will encourage more vendors operating in the market to launch such variants, which will further accelerate market growth in the coming years.

Key Organic Chocolate Market Challenge

  • One of the key challenges to the global organic chocolate industry growth is product recalls.
  • Food regulatory and compliance authorities can shut down businesses or recall organic chocolates that pose a threat to the well-being of consumers.
  • Natural Grocers, a Colorado-based natural grocery chain, was forced to recall their 8-ounce Almond Clusters Dark Chocolate bar, in February 2020, containing an undisclosed amount of peanut and milk allergens, following an FSA decision. Such factors may hamper the potential growth of the market during the forecast period.

This organic chocolate 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 2022-2026.

Organic Chocolate Market Value Chain Analysis

Our In-house experts produce extensive information on the value chain and parent market of the organic chocolate market, which vendors can leverage to gain a competitive advantage during the forecast period. The Value Chain information provides an end-to-end understanding of product insight and profit and also optimization and evaluation of business strategies. The players across the value chain include selective data and analysis from entire research findings as per the scope of the report.

Which are the Key Regions for Organic Chocolate Market?

Organic Chocolate Market Market segmentation by region

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39% of the market's growth will originate from Europe during the forecast period. Germany and UK are the key markets for organic chocolate in Europe. Market growth in this region will be faster than the growth of the market in South America and the MEA.

The shifting of consumers toward organic food options owing to the health benefits and geographical expansions by vendors will facilitate the organic chocolate 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.

What is the Fastest-Growing Type Segment in the Organic Chocolate Market?

Organic Chocolate Market Segmentation

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The organic chocolate market share growth by the organic dark chocolate segment will be significant during the forecast period. Owing to the expansion of product lines by several vendors and the increase in the adoption of organic dark chocolates for health reasons, the organic dark chocolate segment will influence the growth of the global organic chocolate market in the forecast years.

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

 

Organic Chocolate Market Scope

Report Coverage

Details

Page number

137

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 2.71%

Market growth 2022-2026

$ 137.54 million

Market structure

Fragmented

YoY growth (%)

2.39

Regional analysis

Europe, North America, APAC, South America, and Middle East and Africa

Performing market contribution

Europe at 39%

Key countries

US, Canada, China, Germany, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Alter Eco Americas Inc., Barry Callebaut AG, Chocolat Bernrain AG, Compartes Chocolatier, Difiori LLC, Divine Chocolate Ltd., Endangered Species Chocolate LLC, Fortissimo Chocolates Ltd., Giddy Yoyo Inc., HOFER KG, Mason and Co., Mondelez International Inc., Montezumas Direct Ltd., Newmans Own Inc., Nibmor Inc., Rococo Chocolates London Ltd., Stern Wywiol Gruppe GmbH and Co. KG, Taza Chocolate, The Grenada Chocolate Co. Ltd., 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 recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

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

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

We can help! Our analysts can customize this report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Type

    • 5.1 Market segments
      • Exhibit 24: Chart on Type - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Type - Market share 2021-2026 (%)
    • 5.2 Comparison by Type
      • Exhibit 26: Chart on Comparison by Type
      • Exhibit 27: Data Table on Comparison by Type
    • 5.3 Organic dark chocolate - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Organic dark chocolate - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Organic dark chocolate - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Organic dark chocolate - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Organic dark chocolate - Year-over-year growth 2021-2026 (%)
    • 5.4 Organic milk chocolate - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Organic milk chocolate - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Organic milk chocolate - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Organic milk chocolate - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Organic milk chocolate - Year-over-year growth 2021-2026 (%)
    • 5.5 Organic white chocolate - Market size and forecast 2021-2026
      • Exhibit 36: Chart on Organic white chocolate - Market size and forecast 2021-2026 ($ million)
      • Exhibit 37: Data Table on Organic white chocolate - Market size and forecast 2021-2026 ($ million)
      • Exhibit 38: Chart on Organic white chocolate - Year-over-year growth 2021-2026 (%)
      • Exhibit 39: Data Table on Organic white chocolate - Year-over-year growth 2021-2026 (%)
    • 5.6 Market opportunity by Type
      • Exhibit 40: Market opportunity by Type ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 42: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 44: Chart on Geographic comparison
      • Exhibit 45: Data Table on Geographic comparison
    • 7.3 Europe - Market size and forecast 2021-2026
      • Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.4 North America - Market size and forecast 2021-2026
      • Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.5 APAC - Market size and forecast 2021-2026
      • Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.6 South America - Market size and forecast 2021-2026
      • Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.8 US - Market size and forecast 2021-2026
      • Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.9 Germany - Market size and forecast 2021-2026
      • Exhibit 70: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.10 China - Market size and forecast 2021-2026
      • Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.11 UK - Market size and forecast 2021-2026
      • Exhibit 78: Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 7.12 Canada - Market size and forecast 2021-2026
      • Exhibit 82: Chart on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 83: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 84: Chart on Canada - Year-over-year growth 2021-2026 (%)
      • Exhibit 85: Data Table on Canada - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 86: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 87: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 89: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 90: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 91: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 92: Matrix on vendor position and classification
            • 10.3 Barry Callebaut AG
              • Exhibit 93: Barry Callebaut AG - Overview
              • Exhibit 94: Barry Callebaut AG - Business segments
              • Exhibit 95: Barry Callebaut AG - Key news
              • Exhibit 96: Barry Callebaut AG - Key offerings
              • Exhibit 97: Barry Callebaut AG - Segment focus
            • 10.4 Divine Chocolate Ltd.
              • Exhibit 98: Divine Chocolate Ltd. - Overview
              • Exhibit 99: Divine Chocolate Ltd. - Product / Service
              • Exhibit 100: Divine Chocolate Ltd. - Key offerings
            • 10.5 Endangered Species Chocolate LLC
              • Exhibit 101: Endangered Species Chocolate LLC - Overview
              • Exhibit 102: Endangered Species Chocolate LLC - Product / Service
              • Exhibit 103: Endangered Species Chocolate LLC - Key offerings
            • 10.6 HOFER KG
              • Exhibit 104: HOFER KG - Overview
              • Exhibit 105: HOFER KG - Product / Service
              • Exhibit 106: HOFER KG - Key offerings
            • 10.7 Mondelez International Inc.
              • Exhibit 107: Mondelez International Inc. - Overview
              • Exhibit 108: Mondelez International Inc. - Business segments
              • Exhibit 109: Mondelez International Inc. - Key news
              • Exhibit 110: Mondelez International Inc. - Key offerings
              • Exhibit 111: Mondelez International Inc. - Segment focus
            • 10.8 Montezumas Direct Ltd.
              • Exhibit 112: Montezumas Direct Ltd. - Overview
              • Exhibit 113: Montezumas Direct Ltd. - Product / Service
              • Exhibit 114: Montezumas Direct Ltd. - Key offerings
            • 10.9 Nibmor Inc.
              • Exhibit 115: Nibmor Inc. - Overview
              • Exhibit 116: Nibmor Inc. - Product / Service
              • Exhibit 117: Nibmor Inc. - Key offerings
            • 10.10 Taza Chocolate
              • Exhibit 118: Taza Chocolate - Overview
              • Exhibit 119: Taza Chocolate - Product / Service
              • Exhibit 120: Taza Chocolate - Key offerings
            • 10.11 The Grenada Chocolate Co. Ltd.
              • Exhibit 121: The Grenada Chocolate Co. Ltd. - Overview
              • Exhibit 122: The Grenada Chocolate Co. Ltd. - Product / Service
              • Exhibit 123: The Grenada Chocolate Co. Ltd. - Key offerings
            • 10.12 The Hershey Co.
              • Exhibit 124: The Hershey Co. - Overview
              • Exhibit 125: The Hershey Co. - Business segments
              • Exhibit 126: The Hershey Co. - Key news
              • Exhibit 127: The Hershey Co. - Key offerings
              • Exhibit 128: The Hershey Co. - Segment focus

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 129: Inclusions checklist
                • Exhibit 130: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 131: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 132: Research methodology
                • Exhibit 133: Validation techniques employed for market sizing
                • Exhibit 134: Information sources
              • 11.5 List of abbreviations
                • Exhibit 135: List of abbreviations
              • food allergy among consumers: There is an increase in the number of people suffering from food allergies globally. Food allergy is caused when the immune system reacts to the ingestion of certain foods. Ingredients of packaged foods and meats that can create allergic reactions in some people include (but are not limited to) milk, eggs, fish, crustacean shellfish (e.g., crab, lobster, and shrimp), tree nuts (e.g., almonds, walnuts, and pecan), peanuts, wheat, and soybeans. Even consumption of small amounts of food allergens can trigger signs and symptoms such as digestive problems, hives, and swollen airways. In some people, a food allergy can cause severe symptoms, or even a life-threatening reaction is, known as anaphylaxis. For example, in the US, nearly 3% of the adult population suffers from shellfish allergy.

                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
                Technavio

                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
                Technavio

                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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                Organic Chocolate Market market growth will increase by $137.54 million during 2022-2026.
                The organic chocolate market market is expected to grow at a CAGR of 2.71% during 2022-2026.
                Technavio has segmented the organic chocolate market market by type (Organic dark chocolate, Organic milk chocolate, and Organic white chocolate) and geographic (Europe, North America, APAC, South America, and Middle East and Africa).
                Alter Eco Americas Inc., Barry Callebaut AG, Chocolat Bernrain AG, Compartes Chocolatier, Difiori LLC, Divine Chocolate Ltd., Endangered Species Chocolate LLC, Fortissimo Chocolates Ltd., Giddy Yoyo Inc., HOFER KG, Mason and Co., Mondelez International Inc., Montezumas Direct Ltd., Newmans Own Inc., Nibmor Inc., Rococo Chocolates London Ltd., Stern Wywiol Gruppe GmbH and Co. KG, Taza Chocolate, The Grenada Chocolate Co. Ltd., The Hershey Co. are a few of the key vendors in the organic chocolate market market.
                Europe will register the highest growth rate of 39% among the other regions. Therefore, the organic chocolate market market in Europe is expected to garner significant business opportunities for the vendors during the forecast period.
                The key factors driving the organic chocolate market market growth are:
                • product launches
                • Growing demand for seasonal organic chocolates as gifts
                The organic chocolate market market vendors should focus on grabbing business opportunities from the organic dark chocolate segment as it accounted for the largest market share in the base year.
                • What are the key global market and the regional market share?
                • What are the revenue-generating key market segments?
                • What are the key factors driving and challenging this market’s growth?
                • Who are the key market vendors and their growth strategies?
                • What are the latest trends influencing the growth of this market?
                • What are the variables influencing the market growth in the primary regions?
                • What are the factors influencing the growth of the parent market?
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