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Chocolate Market Worth 1340 Million USD by 2024

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Global Chocolate Market

Chocolate is a typically sweet, usually brown, food preparation of Theobroma cacao seeds, roasted and ground, often flavored, as with vanilla. It is made in the form of a liquid, paste, or in a block, or used as a flavoring ingredient in other foods.

Chocolate industry in Switzerland is high concentration. Plateau region is the dominant production area of chocolate in Switzerland, according to for about 61.92% in 2015, followed by the Jura region, with the production market share of 28.60%.

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Leading players in the chocolate industry are Barry Callebaut, Stella Bernrain, Lindt, Chocolat Frey, Chocolats Halba, Läderach, etc. Barry Callebaut is the largest manufacturer of chocolate, with the production market share of 19.67% in 2015. The top four manufacturers occupied about 43.19% of the total amount.

According to this study, over the next five years, the Chocolate market will register a -0.1% CAGR in terms of revenue, the global market size will reach US$ 1340 million by 2024, from US$ 1350 million in 2019. In particular, this report presents the global market share sales and revenue of key companies in the Chocolate business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Chocolate market by product type, application, key manufacturers and key regions and countries.

This study considers the Chocolate value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.

Dark Chocolate
Others

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.

Chocolate Bars
Flavoring Ingredient

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.

Barry Callebaut
Stella Bernrain
Lindt
Chocolat Frey
Chocolats Halba
Läderach
Felchlin
Pfister Chocolatier
Favarger
Camillebloch
Alprose
Gysi
Cailler Nestle
Villars
Mondel?z International
Maestrani Schweizer Schokoladen
Confiserie Sprüngli

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In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

To study and analyze the global Chocolate consumption value & volume by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Chocolate market by identifying its various sub-segments.
Focuses on the key global Chocolate manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
To analyze the Chocolate with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market growth potential, opportunities, drivers, industry-specific challenges and risks.
To project the consumption of Chocolate submarkets, with respect to key regions along with their respective key countries.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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