Furthermore, retailers such as department stores and specialty stores are placing premium chocolates, such as Godiva, around the point of sale for a higher priced impulse purchase.The online segment is expected exhibit the fastest CAGR of 5.6% over the forecast period. Bouchard NV Food Production Ghent, Flemish Region 31 followers Bouchard has been perfecting the art of chocolate making from the historical city of Ghent, Belgium since 1931.


The raw materials used in chocolate production do not originate in Belgium; most cocoa is produced in Africa, Central America, and South America. ; Germany; U.K.; China; India; Brazil; South AfricaBarry Callebaut; Lindt & Sprüngli AG; Mondelez International; Nestle; The Hershey Company; Ferrero Group; Mars, Incorporated; The Australian Carob Co.; Meiji Holdings Co., Ltd.; and ArcorFree report customization (equivalent up to 8 analysts working days) with purchase. Avail customized purchase options to meet your exact research needs:

Addition or alteration to country, regional & segment scope.Avail customized purchase options to meet your exact research needs. They are manufactured in different shapes, sizes, colors, and product materials as per the occasion. Some of the prominent players in the chocolate market include:Revenue in USD million/billion and CAGR from 2020 to 2027Revenue forecast, company ranking, competitive landscape, growth factors, and trendsNorth America; Europe, Asia Pacific, Central & South America, and MEAU.S. The demand for nutraceuticals & functional foods is expected to witness an upward surge owing to consumers opting for immunity boosting supplements during the COVID-19 pandemic. Please wait while we are processing your request...Chocolate Market Size, Share, Industry Report, 2020-2027 Furthermore, the calcium content in the carob is almost thrice the amount found in cocoa.

This makes it exceptionally popular among women and those suffering from calcium deficiency.The supermarket and hypermarket segment accounted for the largest share of more than 65% in 2019. The product consists of a milk chocolate bar and cookie crunchies.
The rapid growth is attributed to the caffeine-free property of carob confectionery, which makes it suitable for caffeine-intolerant consumers. Design an exclusive study to serve your research needs.A testimonial for service in the form of BBB "A" Accreditation.Your personal and confidential information is safe and secure. For instance, in March 2020, The Hershey Company launched a new product under the brand name, Hershey's Cookies 'N' Chocolate Bar. Discover the latest market trends and uncover sources of future market growth for the Chocolate confectionery industry in USA with research from Euromonitor's team of in-country analysts. Moreover, online retailers including Amazon and Walmart are adding this product category as the main focus area.

Moreover, increasing number of specialty retailers is expected to contribute to market growth in the region.

According to the report, global chocolate market was valued at around USD 103.28 billion in 2017 and is expected to reach approximately USD 161.56 billion in revenue by 2024, growing at a … World Market S Mores Chocolate Bar Set Of 2. "The quality of research they have done for us has been excellent..."

High product availability at supermarket and hypermarket is a major factor contributing to the segment growth.

As per the National Confectioners Association, 150 million Santa-shaped chocolates were manufactured in North America during Christmas.Dark chocolate consumption is also associated with reducing the risk of cardiovascular diseases owing to the presence of good fats and flavonoids that are considered to lower blood pressure and bad cholesterol level. A variety of features including several value-added services, such as discounted prices, cash-on-delivery, and paybacks, offered by e-retailers are expected to promote the growth of online channel in the coming years.Europe held the largest share of 39.8% in 2019.