Industrial Chocolate Market - Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition and Forecasts 2022 to 2030
The Global Industrial Chocolate Market Was Valued At USD 7.5 Billion In 2022 And Is Projected To Reach USD 10.79 Billion By 2030, Growing At A CAGR Of 4.65% During The Forecast Period 2022 To 2030.
Industrial Chocolate Market Overview:
Industrial chocolate is usually brown and sweet, derived from cocoa liquor mass or paste. Cocoa is the process of adding butter and other ingredients such as sugar and milk powder to the paste/cocoa liquor. The industrial chocolate industry has low technical barriers and is labor-intensive. Chocolate production involves many companies. Chocolate is a major ingredient in a variety of foods, such as candy bars, shakes, cereal and cookies. Industrial chocolate, processed from cocoa beans, is primarily used as an ingredient by chocolate confectioners, bakers, dairy beverage producers, chefs and other food service providers to create finished chocolate products such as baked goods, beverages and ice cream, as well as chocolate confectionery product. Cocoa by-products from cocoa bean processing include cocoa butter, cocoa liquor and cocoa powder. Different amounts of cocoa products are mixed with butter, milk powder, and other ingredients to create different types of chocolate, such as milk chocolate, white chocolate, and plain dark chocolate. Industrial chocolate is usually mass-produced to meet the high demand for chocolate-related products
Industrial Chocolate market size, estimates, and forecasts are provided in terms of sales volume (K Units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Industrial Chocolate market in detail. Regional market sizes related to products by type, by application, and by the player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and the Russian-Ukraine war.
Major Segments Covered in the Global Industrial Chocolate Market:
Market Key Players:
Barry Callebaut, Cargill, Nestle SA, Mars, Hershey, Blommer Chocolate Company, FUJI OIL, Puratos, CÃ©moi, Irca, Foleyâ€™s Candies LP, Olam, Kerry Group, Guittard, Ferrero, Ghirardelli, Alpezzi Chocolate, Valrhona, Republica Del Cacao, TCHO., And Others.
Industrial Chocolate Market by Types:
- Milk/White Chocolate
- Dark Chocolate
Industrial Chocolate Market by Applications:
- Biscuits and Bakery Products
- Dairy and Desserts
- Ice Creams and Frozen Items
Industrial Chocolate Market by Regions:
The report estimates revenue growth at the worldwide, regional, and country levels and delivers an analysis of the recent industry trends in each sub-segment from 2017 to 2030.
Europe dominates the industrial chocolate market owing to rising consumer demand for dark chocolate, increasing product offerings in retail outlets, rising emphasis on texture for multi-sensory experiences, and rising consumer income levels in the region.
Middle East & Africa is expected to be the fastest growing region in the industrial chocolate market owing to the increasing number of specialty retailers in the region and recent changes in lifestyle and consumption patterns
- North America
- Rest of North America
- The Netherlands
- Nordic Countries
- Benelux Union
- Rest of Europe
- Rest of Southeast Asia
- South Korea
- Southeast Asia
- Rest of Asia-Pacific
- The Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Rest of Latin America
Significant Market Dynamics:
Growing awareness about the health benefits of consuming cocoa-rich products is driving the growth of the industrial chocolate market. Cocoa helps reduce high blood pressure, chronic fatigue syndrome, prevent sunburn, and other health benefits on the human body. Cocoa also contains polyphenols, which protect body tissues from oxidative stress and related diseases such as cancer and inflammation. These factors are also driving the industrial chocolate market forward.
Moreover, increasing R&D activities and increasing modernization of new products in the market will open up new opportunities for the industrial chocolate market. Nonetheless, dark chocolate with at least 70% cocoa is a good source of antioxidants and minerals, creating a huge market opportunity.
However, expensive raw materials, uncertain climate conditions, and growing market for chocolate substitutes are the major factors that will further challenge the industrial chocolate market during the forecast period.
This Industrial Chocolate Market report provides details of recent new developments, trade regulations, import and export analysis, production analysis, value chain optimization, market share, impact of domestic and local market players, analyzes opportunities in terms of emerging revenue streams, Changing market regulations, strategic market growth analysis, market size, category market growth, application areas and dominance, product approvals, product launches, geographical expansion, technological innovations in the market. To get more information on Industrial Chocolate Market Contact Data Bridge Market Research for analyst briefing and our team will help you to make informed market decisions for market growth
Report Scope of Global Industrial Chocolate Market:
CAGR of 4.65% from 2022 to 2030.
Dark Chocolate, Others
Chocolate Bars, Flavoring Ingredient
Barry Callebaut, Cargill, Nestle SA, Mars, Hershey, Blommer Chocolate Company, FUJI OIL, Puratos, CÃ©moi, Irca, Foleyâ€™s Candies LP, Olam, Kerry Group, Guittard, Ferrero, Ghirardelli, Alpezzi Chocolate, Valrhona, Republica Del Cacao, TCHO.
Regions and Countries Covered
2017 to 2022
2023 to 2030
Points Covered in the Report
- The points that are discussed within the report are the major market players that are involved in the Market such as Market players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
- The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. This report analyzed 12 years of data history and forecast.
- The growth factors of the market are discussed in detail wherein the different end users of the market are explained in detail.
- Data and information by market player, region, type, application and etc., and custom research can be added according to specific requirements.
- The report contains a SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.
Frequently Asked Questions-
What is the CAGR of Industrial Chocolate market?
The Industrial Chocolate Market is growing at a CAGR of 4.65% During Forecast Period.
What are the key types and applications of Industrial Chocolate market?
- Dark Chocolate, Others
- Chocolate Bars, Flavoring Ingredient
Who are the key players in Industrial Chocolate market?
Barry Callebaut, Cargill, Nestle SA, Mars, Hershey, Blommer Chocolate Company, FUJI OIL, Puratos, CÃ©moi, Irca, Foleyâ€™s Candies LP, Olam, Kerry Group, Guittard, Ferrero, Ghirardelli, Alpezzi Chocolate, Valrhona, Republica Del Cacao, TCHO., And others.
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Note – In order to provide a more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19 and the Russia-Ukraine war.