Major companies analyzed in the company profiles section include Nestlé (Switzerland), Barry Callebaut (Switzerland), Kraft Foods (U.S.), Mars (U.S.), Ferrero (Italy), and Hershey (U.S.)
(PRWEB) October 19, 2014
The report "Chocolate, Cocoa Beans, Lecithin, Sugar and Vanilla Market By Market Share, Trade, Prices, Geography Trend and Forecast (2011 - 2016)," analyzes the chocolate market by products, sales category, and geography and studies the major market drivers, restraints, and opportunities for the chocolate market in North America, Europe, and Asia.
The global chocolate market is expected to grow from $83.2 billion in 2010.to $98.3 billion in 2016 at an estimated CAGR of 2.7% from 2011 to 2016.
Get Discount on This Report:
Browse 139 market data tables over 380 pages and in-depth TOC on "Chocolate, Cocoa Beans, Lecithin, Sugar and Vanilla Market By Market Share, Trade, Prices, Geography Trend and Forecast (2011 - 2016)".
Some of the major drivers of the industry identified in this report are health benefits, large variety of applications, and seasonal and festive sales. The major restraints identified in this report are raw material prices and the dependency of the industry on unstable economies for cocoa supply. Major threats the industry is facing are the rising counterfeit market and changing consumer preferences. Opportunities that can change the dynamics of this industry are lower penetration in developing economies, organic and fair trade chocolate, and the use of chocolate as functional food.
The market in Asia is driving sales and is expected to hold a 20% share of the global market in 2016. The market in Asia is expected to have a high CAGR of 4.7% due to lower penetration, and sales in the Asian region are expected to boost their share from $15 billion in 2010 to $19.7 billion in 2016. The U.S. leads the chocolate market in North America with a market share of around 86.3%, while Japan leads the Asian market with a 39.7% market share. In Europe, the UK has the largest demand with a market share of 16.4%, followed by Germany with 15.9%.
Speak To Analyst:
The report basically focuses on three segments: by products, by sales category, and by geography. The product segmentation covers different chocolate types: dark chocolate, milk chocolate, and white chocolate. The second segmentation discusses about the major category of sale of premium chocolate, everyday chocolate, and seasonal chocolate. The report also analyzes major raw materials such as cocoa beans, sugar, emulsifiers such as lecithin, and flavors such as vanilla. The report discusses the major chocolate markets in the above - mentioned geographies along with key industry events such as new product launches, mergers and acquisitions, and agreements. The objective of report is to highlight key market trends which can be strategically useful and actionable for the stakeholders; i.e. chocolate manufacturers, confectionery retailers and distributors, raw material producers and distributors, and research and consulting firms in the chocolate industry. The entire report is supported with lots of facts and figures about market size, market revenues, and prices per capita consumptions. The total number of tables and figures is about 139 in the report. The report also forecasts the chocolate market till 2016.
Browse Related Reports:
Cocoa & Chocolate Market by Application (Confectionery, Food & Beverage, Cosmetics, & Pharmaceuticals), Cocoa Type (Cocoa Butter, Powder, & Liquor) & Chocolate Type (Dark, White, Milk, Filled) - Global Trends & Forecasts to 2019
Food Texture Market by Functionalities (Thickening, Gelling, Emulsifying, Stabilizing agents), Applications (Dairy & Frozen Foods, Bakery & Confectionery, Sauces & Dressings, Snacks & Savory, Beverages, Meat & Poultry products) & Geography - Global Trends & Forecasts to 2018
MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets