MarkNtel Advisors has just published a new research report titled "Chocolate Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2030". This study provides an extensive analysis of market drivers, segmentation, growth opportunities, trends, and competitive landscape, aiming to provide insights into current and future market scenarios.

What insights and analysis does the report provide on the Chocolate market from 2024 to 2030?

The Global Chocolate Market size is valued at USD 421 billion 2023 and is estimated to grow at a CAGR of around 4.7% during the forecast period, i.e., 2024-30.

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Chocolate Market by Segments

By Chocolate Type

• Milk Chocolate- Market Size & Forecast 2019-2030F, USD Million
• White Chocolate- Market Size & Forecast 2019-2030F, USD Million
• Dark Chocolate- Market Size & Forecast 2019-2030F, USD Million

By Packaging Type

• Molded Bars- Market Size & Forecast 2019-2030F, USD Million
• Chips & Bites- Market Size & Forecast 2019-2030F, USD Million
• Box Assortments- Market Size & Forecast 2019-2030F, USD Million
• Chocolate Truffles- Market Size & Forecast 2019-2030F, USD Million

By Application

• Food & Beverages Industries- Market Size & Forecast 2019-2030F, USD Million
  • Bakery- Market Size & Forecast 2019-2030F, USD Million
  • HoReCa- Market Size & Forecast 2019-2030F, USD Million
• Retail Consumption

By Category

• Synthetic Chocolates- Market Size & Forecast 2019-2030F, USD Million
• Organic Chocolates- Market Size & Forecast 2019-2030F, USD Million

By Sales Channel

• Offline- Market Size & Forecast 2019-2030F, USD Million
  • Supermarkets & Hypermarkets- Market Size & Forecast 2019-2030F, USD Million
  • Convenience Stores- Market Size & Forecast 2019-2030F, USD Million
  • Brand Owned Outlets- Market Size & Forecast 2019-2030F, USD Million
• Online - Market Size & Forecast 2019-2030F, USD Million

A comprehensive report on the Chocolate Market is available now- https://www.marknteladvisors.com/research-library/chocolate-market.html

Chocolate Market Report Segment by Regions

What are the current trends in the global Chocolate Market?

Growing Trend for Single-origin & Certified Chocolates – The market for fine-flavored cocoa is witnessing significant growth in regions such as Europe and North America. Gourmet chocolates rely on ultra and high-end beans, while regular and lower-grade fine beans cater to premium chocolates in countries like the UK, Brazil, the US, China, India, the Netherlands, Germany, and Switzerland. This surge is fueled by health consciousness and the pursuit of more exclusive products. The trending premium cocoa market, characterized by sustainability certifications and single-origin offerings, is driving the overall growth of the Chocolate Market.

Further, to meet the rising demand, manufacturers are rolling out their ranges of single-origin & premium chocolates. These strategic moves are enabling brands to supplement profit margins and expand their industry presence with a more favorable brand image, consequently fostering market growth.

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Who are the key players in the Chocolate Market?

• The Hershey Company
• Ferrero Group
• Mondelez International
• Barry Callebaut
• Cargill, Incorporated.
• Nestle [SS2]
• Mars, Incorporated & its Affiliates
• Gujarat Coorperative Milk Marketing Federation (GCMMF)
• Cocoa Processing Company Limited
• Ghirardelli Chocolate Company
• Puratos
• Guittard Chocolate Company
• Valrhona
• Arcor Group
• Others (Orion, Moonstruck Chocolate Co., etc.)

Questions Addressed in this Study

1. What factors are driving the Chocolate Market growth?
2. How is the Chocolate Market expected to grow over the next five years?
3. What are the key insights into the current trends in the Chocolate Market?
4. What is the current size of the Chocolate Market, and how is it projected to change in the future?
5. What is the future outlook for the Chocolate Market in terms of technological advancements and market expansion?

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Why choose MarkNtel?

MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 14.8 diverse industrial verticals.

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