Chocolate is a form of food which is in the form of a paste or solid blocks made from cacao seeds usually sweetened and consumed as a confectionery. The global confectionary market includes products like chocolate confectionary, sugar confectionary, and gum confectionary. The retail chocolate confectionery market is growing steadily as specialist chocolate stores have become a key source of sales for many manufacturers.
Technavio’s analysts forecast the global chocolate market to grow at a CAGR of 5.37% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global chocolate market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price of the product..
The market is divided into the following segments based on geography: • Americas • APAC • EMEA
Technavio’s report, Global Chocolate Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors • Mars • Mondel?z International • Nestlé • Ferrero • THE HERSHEY COMPANY • Chocoladefabriken Lindt & Sprüngli
Other prominent vendors • AUGUST STORCK KG • Blue Frog Chocolates • ChocOn • Gayle’s Chocolates • GCMMF (Amul) • Gilbert Chocolates • Godiva • Guylian • Haigh’s Chocolates • Lake Champlain Chocolates • Lotus Chocolate Company • Ludwig Schokolade • Patchi • Phillips Chocolate • RITTER SPORT
Market driver • Increasing demand for premium and seasonal chocolates • For a full, detailed list, view our report
Market challenge • Demand outstripping the supply of cocoa beans • For a full, detailed list, view our report
Market trend • Players introducing more limited edition chocolate • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space? • What are the market opportunities and threats faced by the key vendors? • What are the strengths and weaknesses of the key vendors?
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