Chocolate Ingredients Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Type (Cacao, Milk, Lecithin, Flavors and Others (Natural & Artificial Flavor, Vegetable Oil, etc.), By Category (Dark Chocolate, Milk Chocolate, White Chocolate and Ruby Chocolate), By Application (Confectionary Products, Dairy & Baked Products, Beverages, and Others (Pharmaceuticals, Cosmetic & Personal Care, etc.) By Region, Competition

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Summary

Report Description

The global chocolate ingredients market size is projected to have immense growth in the forecast years. Global chocolate ingredients market growth is attributed by number of factors present in the ingredients including its high antioxidant, mineral, soluble fiber, and bioactive chemical content. Adoption of novel products by producers, like organic sweeteners and distinctive cacao beans. The demand for chocolates is also increasing owing to rise in the variety of flavors around the globe and usage of cacao in multiple industries.

Global chocolate ingredients market growth is also responsible for the amount of chocolate consumed per person is Switzerland. Switzerland consumes the highest amount of chocolate per person, even though there are undoubtedly nations that consume more chocolate overall than Switzerland. In Switzerland, the average person consumes 8.8 kilograms, or 22 lb., of chocolate, annually. Switzerland's chocolate business has earned it a strong reputation around the world and has a significant market share in the chocolate industry. For instance, Toblerone a Swiss company is one of the most well-known chocolate manufacturers worldwide. 

After Switzerland, Austria consumes around 20.13 lbs followed by Ireland which consumes 19.47 lbs of chocolate, yearly.

Every year, a number of nations produce a significant amount of chocolate, and each of these nations have multiple well-known chocolate brands. For instance, Cologne is well known as Germany's chocolate capital. The most well-known chocolate manufacturers in Germany are Tortchen and Leonidas.

Furthermore, Belgium has a rich history in the production of chocolate. Godiva, one of the most well-known chocolate manufacturers in the world, is headquartered in Brussels. As a result, Belgian chocolate has widespread popularity, and the country has stringent rules governing its production.

Another well-known attribute is Italy is that it is among the leading producers of premium chocolate worldwide. The most well-known Italian chocolate manufacturers include Perugina and Caffarel. These companies are widely regarded as some of the best producers of chocolate on the planet.

Cacao, also known as coco is one of the main ingredients of the chocolate. In the sixteenth century, Spanish conquistadors brought cocoa to Europe, where it immediately gained popularity. The original form of cocoa is a bean, from which cocoa butter or cocoa powder are made. Additionally, it can be found as oil, paste, and shell. Even though a range of products and cosmetics are made with these substances. Chocolate and confectionery are the main consumers of cocoa, but other uses include dairy, baking, drinks, and pharmaceuticals. Polyphenols found in abundance in cocoa have been shown to lower inflammation, improve blood flow, lower blood pressure, improve cholesterol, lessen the symptoms of type 2 diabetes and depression, aid in weight management, protect against cancer, boost the immune system, and regulate blood sugar levels.

Even in the world of craft chocolate, lecithin is a very common ingredient. A brownish-yellow material called lecithin is comprised of phospholipids connected to choline molecules. It is present in various species of plants, most notably soy, sunflower, cottonseed, and rapeseed, as well as animal tissues (including eggs). It's used in very small amounts to reduce the viscosity of chocolate.

Increasing Awareness of Health Benefits of Chocolate is Fueling the Market Growth

Dark chocolate contains antioxidants that can keep one safe from the sun. They improve the blood flow to the skin, which increases hydration and skin density. One can get a lot of fiber from premium dark chocolate, which is healthy for the diet. High concentrations of manganese, copper, magnesium, iron, selenium, zinc, and potassium can give a boost to one’s body. These benefits are helping the market to grow as consumers prefer products which are healthy and suitable for their palette. Along with that according to the International Diabetes Federation, around 74,194.7 thousand people in India had diabetes in 2021, up from 61,258.4 thousand in 2011, as a result, there is an increase in demand for chocolate that has been sweetened with sweeteners like stevia, monk fruit, and aspartame. These well-balanced, healthy ingredients found in premium chocolate contribute significantly to raising HDL (high-density lipoprotein) and preventing LDL (low-density lipoprotein) from oxidation. They also lower the risk of high cholesterol and low blood pressure, which draws customers with diabetes.

Usage Of Different Flavor Combinations and Fruit Is Fueling the Market Growth

Different tastes are utilized to make chocolate, but hazelnut is still the clear favorite among confectioners and chocolatiers because it has a smooth, delightful flavor and texture that makes the finished product irresistible to consumers. For instance, in many of Ferrero's trademark products, such as Nutella, Ferrero Rocher, and Kinder Bueno, hazelnuts are a key component. Along with that around 25% of the hazelnuts produced worldwide are used to make Ferrero’s products. However, nougat, coconut, caramel, and orange are the emerging flavors in the world of chocolate spreads which are preferred by people who want to explore a distinctive flavor offered by market players. Due to this significant reason the global chocolate ingredients market is growing at an exponential rate.

Lower Set-up Cost Aiding the Market Growth

Initial expenses for chocolate ingredients are comparatively low as compared to those of a conventional restaurant. An average chocolate ingredients startup costs about USD 6000. There is no need to hire a sizable workforce or acquire an expensive lease. Additionally, one does not require the equipment or other decorations that are usually associated with a traditional restaurant. As a result, the initial setup expense is far lower than for traditional eateries.

Usage of Functional Ingredients is Driving the Market Growth

As health-conscious consumers look for healthier formulations, health-related claims like gluten-free, high sources of fiber, and no added sugar are becoming more prevalent in the chocolate and confectionery sector. Brands may satisfy consumers wishing to live a healthy lifestyle by including functional ingredients like nuts, seeds, and berries that support pre- and probiotic qualities, gastrointestinal health, and immunity.

Prebiotic chicory fiber is one example of a natural sweetener that can be used to substitute sugar in products in an efficient manner, enabling consumers to choose different candies and take control of their health. While this is going on, companies like Body and Mind Botanicals are even experimenting with the creation of hemp-infused chocolate bars as a comfortable and delectable way for people to consume hemp.


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Market Segmentation

The global chocolate ingredients market is segmented based on type, category, application region, and competitional landscape. Based on type, the market is further fragmented into Cacao, Milk, Lecithin, Flavors and Others (Natural & Artificial Flavor, Vegetable Oil, etc.) Based on Category, the market is segmented into Dark Chocolate, White Chocolate, Milk Chocolate and Ruby Chocolate. In terms of application, the market is divided into Confectionary Products, Dairy & Baked Products, Beverages, and Others (Pharmaceuticals, Cosmetic & Personal Care, etc.). The market analysis also studies the regional segmentation to devise regional market segmentation, divided among North America, Europe, Asia-Pacific, South America, and Middle East & Africa.

In parts of the world like Europe and North America, there is a significant increase in demand for fine-tasting cocoa. Gourmet chocolates are made with premium and ultra-premium beans. Regular premium chocolates are made with regular and low-fine beans, especially in nations like the UK, Brazil, US, China, India, Netherlands, Germany, and Switzerland. The desire for more exclusive products and the health trend are the driving forces behind this development. The growth of the market as a whole is accelerated by the premium cocoa market, which features single-origin and sustainability certification.

Company Profiles

THE HERSHEY COMPANY, PURATOS, ADM, PT Davomas Abadi Tbk, Godiva, Barry Callebaut, Mars, Incorporated, Cargill, Incorporated, pladis global, The Kraft Heinz Company, FrieslandCampina, Britannia Industries, Schreiber Foods Inc., Toms International, JBCOCOA Sdn. Bhd., Nestle, Lake Champlain Chocolates, Petra Foods Limited., Palsgaard, Artisan Confections, are among the major market players in the global Chocolate Ingredients market.

In order to cater to the market growth many industry giants are promoting their products by organizing multiple campaigns. For instance, the first-ever Halloween promotion from Hershey India is called "#HersheyliciousHalloween." The campaign introduces Halloween practices to its Indian audience in an effort to uphold the festival's global tradition of festivity. The company also launched the "Voice the Hershey's Monsters" competition, which encourages viewers to remix the brand's posted reel and become inventive by adding voiceovers to it.

Attribute

Details

Base Year

2022

Historical Years

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Billion and CAGR for 2018-2021 and 2023E-2028F

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

Type

Category

Application

Region

Regional Scope

North America, Europe, Asia-Pacific, Middle East & Africa and South America

Country Scope

United States, Canada, Mexico, Germany, France, United Kingdom, Italy, Spain, Netherland, Switzerland, China, India, Japan, South Korea, Australia, New Zealand, Thailand, Saudi Arabia, UAE, South Africa, Qatar, Kuwait, Brazil, Argentina, Colombia

Key Companies Profiled

THE HERSHEY COMPANY, PURATOS, ADM, PT Davomas Abadi Tbk, Godiva, Barry Callebaut, Mars, Incorporated, Cargill, Incorporated, pladis global, The Kraft Heinz Company, FrieslandCampina, Britannia Industries, Schreiber Foods Inc., Toms International, JBCOCOA Sdn. Bhd., Nestle, Lake Champlain Chocolates, Petra Foods Limited., Palsgaard, Artisan Confections, etc

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail of customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request)

 

Report Scope:

In this report, the global Chocolate Ingredients market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Chocolate Ingredients Market, By Type:
    • Cacao

o   Milk

o   Sugar

o   Lecithin

o   Others

  • Chocolate Ingredients Market, By Category:
    • Dark Chocolate
    • Milk Chocolate
    • White Chocolate
    • Ruby Chocolate
  • Chocolate Ingredients Market, By Application:
    • Confectionary Products
    • Dairy & Baked Products
    • Beverages
    • Others
  • Chocolate Ingredients Market, By Region:
    • North America
      • The United States
      • Canada
      • Mexico
    • Europe
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
      • Netherlands
      • Switzerland
    • Asia-Pacific
      • China
      • Japan
      • India
      • Australia
      • New Zealand
      • South Korea
      • Thailand
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • UAE
      • Qatar
      • Kuwait
    • South America
      • Brazil
      • Argentina
      • Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the global Chocolate Ingredients market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Chocolate Ingredients Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Introduction

1.1.  Product Overview

1.2.  Key Highlights of the Report

1.3.  Market Coverage

1.4.  Market Segments Covered

1.5.  Research Tenure Considered

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary         

3.1.  Market Overview

3.2.  Market Forecast

3.3.  Key Regions

3.4.  Key Segments

4.    Voice of Customer Analysis

4.1.  Factors Influencing Purchase Decision

4.2.  Challenges Faced Post Purchase

5.    Global Chocolate Ingredients Market Outlook

5.1.  Market Size & Forecast

5.1.1.     By Value          

5.2.  Market Share & Forecast

5.2.1.     By Type Market Share Analysis (Cacao, Milk, Flavor, Lecithin, Others (Natural & Artificial Flavor, Vegetable Oil, etc.))

5.2.2.     By Category Share Analysis (Dark Chocolate, Milk Chocolate, White Chocolate, Ruby Chocolate)

5.2.3.     By Application Share Analysis (Confectionary Products, Dairy & Baked Products, Beverages, Others (Pharmaceuticals, Cosmetic & Personal Care, etc.))

5.2.4.     By Regional Market Share Analysis

5.2.4.1.         North America Market Share Analysis

5.2.4.2.         South America Market Share Analysis

5.2.4.3.         Middle East & Africa Market Share Analysis

5.2.4.4.         Europe Market Share Analysis

5.2.4.5.         Asia -Pacific Market Share Analysis

5.2.5.     By Company Market Share Analysis

5.3.  Global Chocolate Ingredients Market Mapping & Opportunity Assessment

5.3.1.     By Type Market Mapping & Opportunity Assessment

5.3.2.     By Category Market Mapping & Opportunity Assessment

5.3.3.     By Application Market Mapping & Opportunity Assessment

5.3.4.     By Regional Market Mapping & Opportunity Assessment

6.    North America Chocolate Ingredients Market Outlook

6.1.  Market Size & Forecast          

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Type Market Share Analysis

6.2.2.     By Category Market Share Analysis

6.2.3.     By Application Market Share Analysis

6.2.4.     By Country

6.2.4.1.         United States Chocolate Ingredients Market Outlook

6.2.4.1.1.             Market Size & Forecast

6.2.4.1.1.1. By Value

6.2.4.1.2.             Market Share & Forecast

6.2.4.1.2.1. By Type Market Share Analysis

6.2.4.1.2.2. By Category Market Share Analysis

6.2.4.1.2.3. By Application Market Share Analysis

6.2.4.2.         Canada Chocolate Ingredients Market Outlook

6.2.4.2.1.             Market Size & Forecast

6.2.4.2.1.1. By Value

6.2.4.2.2.             Market Share & Forecast

6.2.4.2.2.1. By Type Market Share Analysis

6.2.4.2.2.2. By Category Market Share Analysis

6.2.4.2.2.3. By Application Market Share Analysis

6.2.4.3.         Mexico Chocolate Ingredients Market Outlook

6.2.4.3.1.             Market Size & Forecast

6.2.4.3.1.1. By Value

6.2.4.3.2.             Market Share & Forecast

6.2.4.3.2.1. By Type Market Share Analysis

6.2.4.3.2.2. By Category Market Share Analysis

6.2.4.3.2.3. By Application Market Share Analysis

7.    Europe Chocolate Ingredients Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Type Market Share Analysis

7.2.2.     By Category Market Share Analysis

7.2.3.     By Application Market Share Analysis

7.2.4.     By Country

7.2.4.1.         United Kingdom Chocolate Ingredients Market Outlook

7.2.4.1.1.             Market Size & Forecast

7.2.4.1.1.1. By Value

7.2.4.1.2.             Market Share & Forecast

7.2.4.1.2.1. By Type Market Share Analysis

7.2.4.1.2.2. By Category Market Share Analysis

7.2.4.1.2.3. By Application Market Share Analysis

7.2.4.2.         Germany Chocolate Ingredients Market Outlook

7.2.4.2.1.             Market Size & Forecast

7.2.4.2.1.1. By Value

7.2.4.2.2.             Market Share & Forecast

7.2.4.2.2.1. By Type Market Share Analysis

7.2.4.2.2.2. By Category Market Share Analysis

7.2.4.2.2.3. By Application Market Share Analysis

7.2.4.3.         France Chocolate Ingredients Market Outlook

7.2.4.3.1.             Market Size & Forecast

7.2.4.3.1.1. By Value

7.2.4.3.2.             Market Share & Forecast

7.2.4.3.2.1. By Type Market Share Analysis

7.2.4.3.2.2. By Category Market Share Analysis

7.2.4.3.2.3. By Application Market Share Analysis

7.2.4.4.         Spain Chocolate Ingredients Market Outlook

7.2.4.4.1.             Market Size & Forecast

7.2.4.4.1.1. By Value

7.2.4.4.2.             Market Share & Forecast

7.2.4.4.2.1. By Type Market Share Analysis

7.2.4.4.2.2. By Category Market Share Analysis

7.2.4.4.2.3. By Application Market Share Analysis

7.2.4.5.         Italy Chocolate Ingredients Market Outlook

7.2.4.5.1.             Market Size & Forecast

7.2.4.5.1.1. By Value

7.2.4.5.2.             Market Share & Forecast

7.2.4.5.2.1. By Type Market Share Analysis

7.2.4.5.2.2. By Category Market Share Analysis

7.2.4.5.2.3. By Application Market Share Analysis

7.2.4.6.         Netherland Chocolate Ingredients Market Outlook

7.2.4.6.1.             Market Size & Forecast

7.2.4.6.1.1. By Value

7.2.4.6.2.             Market Share & Forecast

7.2.4.6.2.1. By Type Market Share Analysis

7.2.4.6.2.2. By Category Market Share Analysis

7.2.4.6.2.3. By Application Market Share Analysis

7.2.4.7.         Switzerland Chocolate Ingredients Market Outlook

7.2.4.7.1.             Market Size & Forecast

7.2.4.7.1.1. By Value

7.2.4.7.2.             Market Share & Forecast

7.2.4.7.2.1. By Type Market Share Analysis

7.2.4.7.2.2. By Category Market Share Analysis

7.2.4.7.2.3. By Application Market Share Analysis

8.    Asia-Pacific Chocolate Ingredients Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Type Market Share Analysis

8.2.2.     By Category Market Share Analysis

8.2.3.     By Application Market Share Analysis

8.2.4.     By Country

8.2.4.1.         China Chocolate Ingredients Market Outlook

8.2.4.1.1.             Market Size & Forecast

8.2.4.1.1.1. By Value

8.2.4.1.2.             Market Share & Forecast

8.2.4.1.2.1. By Type Market Share Analysis

8.2.4.1.2.2. By Category Market Share Analysis

8.2.4.1.2.3. By Application Market Share Analysis

8.2.4.2.         Japan Chocolate Ingredients Market Outlook

8.2.4.2.1.             Market Size & Forecast

8.2.4.2.1.1. By Value

8.2.4.2.2.             Market Share & Forecast

8.2.4.2.2.1. By Type Market Share Analysis

8.2.4.2.2.2. By Category Market Share Analysis

8.2.4.2.2.3. By Application Market Share Analysis

8.2.4.3.         India Chocolate Ingredients Market Outlook

8.2.4.3.1.             Market Size & Forecast

8.2.4.3.1.1. By Value

8.2.4.3.2.             Market Share & Forecast

8.2.4.3.2.1. By Type Market Share Analysis

8.2.4.3.2.2. By Category Market Share Analysis

8.2.4.3.2.3. By Application Market Share Analysis

8.2.4.4.         Australia Chocolate Ingredients Market Outlook

8.2.4.4.1.             Market Size & Forecast

8.2.4.4.1.1. By Value

8.2.4.4.2.             Market Share & Forecast

8.2.4.4.2.1. By Type Market Share Analysis

8.2.4.4.2.2. By Category Market Share Analysis

8.2.4.4.2.3. By Application Market Share Analysis

8.2.4.5.         New Zealand Chocolate Ingredients Market Outlook

8.2.4.5.1.             Market Size & Forecast

8.2.4.5.1.1. By Value

8.2.4.5.2.             Market Share & Forecast

8.2.4.5.2.1. By Type Market Share Analysis

8.2.4.5.2.2. By Category Market Share Analysis

8.2.4.5.2.3. By Application Market Share Analysis

8.2.4.6.         South Korea Chocolate Ingredients Market Outlook

8.2.4.6.1.             Market Size & Forecast

8.2.4.6.1.1. By Value

8.2.4.6.2.             Market Share & Forecast

8.2.4.6.2.1. By Type Market Share Analysis

8.2.4.6.2.2. By Category Market Share Analysis

8.2.4.6.2.3. By Application Market Share Analysis

8.2.4.7.         Thailand Chocolate Ingredients Market Outlook

8.2.4.7.1.             Market Size & Forecast

8.2.4.7.1.1. By Value

8.2.4.7.2.             Market Share & Forecast

8.2.4.7.2.1. By Type Market Share Analysis

8.2.4.7.2.2. By Category Market Share Analysis

8.2.4.7.2.3. By Application Market Share Analysis

9.    Middle East & Africa Chocolate Ingredients Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Type Market Share Analysis

9.2.2.     By Category Market Share Analysis

9.2.3.     By Application Market Share Analysis

9.2.4.     By Country

9.2.4.1.         Saudi Arabia Chocolate Ingredients Market Outlook

9.2.4.1.1.             Market Size & Forecast

9.2.4.1.1.1. By Value

9.2.4.1.2.             Market Share & Forecast

9.2.4.1.2.1. By Type Market Share Analysis

9.2.4.1.2.2. By Category Market Share Analysis

9.2.4.1.2.3. By Application Market Share Analysis

9.2.4.2.         UAE Chocolate Ingredients Market Outlook

9.2.4.2.1.             Market Size & Forecast

9.2.4.2.1.1. By Value

9.2.4.2.1.2. By Volume

9.2.4.2.2.             Market Share & Forecast

9.2.4.2.2.1. By Type Market Share Analysis

9.2.4.2.2.2. By Category Market Share Analysis

9.2.4.2.2.3. By Application Market Share Analysis

9.2.4.3.         Qatar Chocolate Ingredients Market Outlook

9.2.4.3.1.             Market Size & Forecast

9.2.4.3.1.1. By Value

9.2.4.3.1.2. By Volume

9.2.4.3.2.             Market Share & Forecast

9.2.4.3.2.1. By Type Market Share Analysis

9.2.4.3.2.2. By Category Market Share Analysis

9.2.4.3.2.3. By Application Market Share Analysis

9.2.4.4.         Kuwait Chocolate Ingredients Market Outlook

9.2.4.4.1.             Market Size & Forecast

9.2.4.4.1.1. By Value

9.2.4.4.1.2. By Volume

9.2.4.4.2.             Market Share & Forecast

9.2.4.4.2.1. By Type Market Share Analysis

9.2.4.4.2.2. By Category Market Share Analysis

9.2.4.4.2.3. By Application Market Share Analysis

9.2.4.5.         South Africa Chocolate Ingredients Market Outlook

9.2.4.5.1.             Market Size & Forecast

9.2.4.5.1.1. By Value

9.2.4.5.1.2. By Volume

9.2.4.5.2.             Market Share & Forecast

9.2.4.5.2.1. By Type Market Share Analysis

9.2.4.5.2.2. By Category Market Share Analysis

9.2.4.5.2.3. By Application Market Share Analysis

10.   South America Chocolate Ingredients Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Type Market Share Analysis

10.2.2.  By Category Market Share Analysis

10.2.3.  By Application Market Share Analysis

10.2.4.  By Country

10.2.4.1.      Brazil Chocolate Ingredients Market Outlook

10.2.4.1.1.           Market Size & Forecast

10.2.4.1.1.1.               By Value

10.2.4.1.2.           Market Share & Forecast

10.2.4.1.2.1.               By Type Market Share Analysis

10.2.4.1.2.2.               By Category Market Share Analysis

10.2.4.1.2.3.               By Application Market Share Analysis

10.2.4.2.      Argentina Chocolate Ingredients Market Outlook

10.2.4.2.1.           Market Size & Forecast

10.2.4.2.1.1.               By Value

10.2.4.2.2.           Market Share & Forecast

10.2.4.2.2.1.               By Type Market Share Analysis

10.2.4.2.2.2.               By Category Market Share Analysis

10.2.4.2.2.3.               By Application Market Share Analysis

10.2.4.3.      Colombia Chocolate Ingredients Market Outlook

10.2.4.3.1.           Market Size & Forecast

10.2.4.3.1.1.               By Value

10.2.4.3.2.           Market Share & Forecast

10.2.4.3.2.1.               By Type Market Share Analysis

10.2.4.3.2.2.               By Category Market Share Analysis

10.2.4.3.2.3.               By Application Market Share Analysis

11.  Market Dynamics

11.1.              Drivers

11.1.1.  Increasing Demand

11.1.2.  High Demand For cacao

11.1.3.                  Efficient Marketing

11.2.              Challenges

11.2.1.  Sourcing Raw Material

11.2.2.  Climatic Challenges while Growing Cacao

12.  Impact of COVID-19 on Global Chocolate Ingredients Market

12.1.              Impact Assessment Model       

12.1.1.  Key Segments Impacted

12.1.2.  Key Regions Impacted

12.1.3.  Key Countries Impacted

12.1.4.  Key Distribution Channel Impacted

13.  Market Trends & Developments

13.1.              Increased Demand for Healthier Option

13.2.              Increasing Consumer Preference

13.3.              Growing Young Population

13.4.              Rapid Urbanization Leading to Changing Lifestyle

13.5.              Increasing usage in Beauty & Personal Care Products

14.  Porter’s Five Forces Model

14.1.              Competition Landscape

14.2.              Buyer Power

14.3.              Supplier Power

14.4.              Threat of New Entrants

14.5.              Threat of Substitutes

15.  Competitive Landscape

15.1.              Competition Outlook

15.2.              Company Profiles

15.2.1.  THE HERSHEY COMPANY

15.2.1.1.      Company Details

15.2.1.2.      Products & Services

15.2.1.3.      Financial (As Reported)

15.2.1.4.      Key Market Focus & Geographical Presence

15.2.1.5.      Recent Development

15.2.1.6.      Key Management Personnel

15.2.2.  Puratos NV/SA

15.2.2.1.      Company Details

15.2.2.2.      Products & Services

15.2.2.3.      Financial (As Reported)

15.2.2.4.      Key Market Focus & Geographical Presence

15.2.2.5.      Recent Development

15.2.2.6.      Key Management Personnel

15.2.3.  Mars Incorporated,

15.2.3.1.      Company Details

15.2.3.2.      Products & Services

15.2.3.3.      Financial (As Reported)

15.2.3.4.      Key Market Focus & Geographical Presence

15.2.3.5.      Recent Development

15.2.3.6.      Key Management Personnel

15.2.4.  Cargill Incorporated

15.2.4.1.      Company Details

15.2.4.2.      Products & Services

15.2.4.3.      Financial (As Reported)

15.2.4.4.      Key Market Focus & Geographical Presence

15.2.4.5.      Recent Development

15.2.4.6.      Key Management Personnel

15.2.5.  pladis global  

15.2.5.1.      Company Details

15.2.5.2.      Products & Services

15.2.5.3.      Financial (As Reported)

15.2.5.4.      Key Market Focus & Geographical Presence

15.2.5.5.      Recent Development

15.2.5.6.      Key Management Personnel

15.2.6.  The Kraft Heinz Company

15.2.6.1.      Company Details

15.2.6.2.      Products & Services

15.2.6.3.      Financial (As Reported)

15.2.6.4.      Key Market Focus & Geographical Presence

15.2.6.5.      Recent Development

15.2.6.6.      Key Management Personnel

15.2.7.  Friesland Campina

15.2.7.1.      Company Details

15.2.7.2.      Products & Services

15.2.7.3.      Financial (As Reported)

15.2.7.4.      Key Market Focus & Geographical Presence

15.2.7.5.      Recent Development

15.2.7.6.      Key Management Personnel

15.2.8.  Chocolate Ingredients

15.2.8.1.      Company Details

15.2.8.2.      Products & Services

15.2.8.3.      Financial (As Reported)

15.2.8.4.      Key Market Focus & Geographical Presence

15.2.8.5.      Recent Development

15.2.8.6.      Key Management Personnel

15.2.9.  Britannia Industries

15.2.9.1.      Company Details

15.2.9.2.      Products & Services

15.2.9.3.      Financial (As Reported)

15.2.9.4.      Key Market Focus & Geographical Presence

15.2.9.5.      Recent Development

15.2.9.6.      Key Management Personnel

15.2.10.                Schreiber Foods Inc

15.2.10.1.    Company Details

15.2.10.2.    Products & Services

15.2.10.3.    Financial (As Reported)

15.2.10.4.    Key Market Focus & Geographical Presence

15.2.10.5.    Recent Development

15.2.10.6.    Key Management Personnel

16.  Strategic Recommendations/Action Plan

16.1.              Key Focus Areas

16.2.              Target Regions & Countries

16.3.              Target Type

16.4.              Target Category

 (Note: The companies list can be customized based on the client requirements.)

Figures and Tables

Frequently asked questions

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Natural fat found in cocoa beans, additional cocoa butter improves the flavor and mouthfeel of chocolate. Milk (in Milk Chocolates) Lecithin: a soy-based emulsifier that helps the ingredients come together. Vegetable Oil, vanilla, or vanillin, and other ingredients can be used to enhance the flavor of the chocolate.

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The four types of chocolate are Dark Chocolate, Milk Chocolate, White Chocolate and Ruby Chocolate

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Increase demand for dark chocolates because of their health benefits, Different flavor combinations, focus on natural ingredients and Gluten free ingredients.

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Switzerland has the greatest per capita consumption of chocolates. Since they have long history with chocolates, being the inventors of this product.

Related Reports

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Parvati Sharma

Account Manager BD
Press Release

Increasing Demand for Dark Chocolates will Fuel the Chocolate Ingredients Market through 2028

Nov, 2022

Growing consumer preference for chocolates and rise in awareness regarding the health benefits of chocolates is driving the global chocolate market.

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