Chocolate Flavors Market Expected to Reach $350 Million by 2019 New Report By MarketsandMarkets
Dallas (PRWEB) April 16, 2015 -- Chocolate flavors are known for their high cocoa content. They are typically sweet, usually brown, and used as flavoring ingredients in various food & beverage preparations.
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Browse 84 market data tables and 67 figures spread through 190 pages and in-depth TOC on Chocolate Flavors Market.
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The chocolate flavors market is projected to grow with the increasing seasonal and festive demand and awareness regarding health and nutrition. The market size includes application of cocoa powder in different food sectors.
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The market in Europe is projected to grow at the highest CAGR due to the rising standard of living and growing demand for functional foods. The market for chocolate flavors is estimated to be growing at a CAGR of 5.0% from 2014 to 2019.
The key players in the market have adopted innovative product offerings and expansion and investment as strategies to garner a larger share in the market. During the review period of January 2010 to February 2015, the key active players in the chocolate flavors market were Archer Daniels Midland Company (U.S.), Cargill, Incorporated (U.S.), and Barry Callebaut AG (Switzerland).
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