Global Chocolate market was valued at US$ 99.60 Billion in 2016, according to Chocolate Market Report by Price Range (Economic Chocolate, Mid-Range Chocolate, Premium Chocolate), by Flavor (White Chocolate, Milk Chocolate, Dark Chocolate), by Product Types (Box Chocolate, Chocolate Countlines, Chocolate Straightlines, Molded Bars, Novelties, and Others), by Distribution Channels (Supermarket, Hypermarket, Convenience Store, Online Channel, Departmental Store, and Others), published by Coherent Market Insights. The Chocolate Market is expected to register a CAGR of 6.6% over the forecast period (2017 - 2025) to reach US$ 172.22 billion by 2025.
During the festive season, the chocolate demand reaches its peak backed by huge sales of numerous chocolate products. Moreover, the health benefits of chocolate, such as suppressing the blood-pressure, antioxidant enrichment, anti-aging, and relieving stress are the advantages contributing to the growth of chocolate market globally. According to Health and Human Services, there was 11% reduction in cholesterol of the patients after 15 days of consumption of dark chocolate. However, fluctuating raw material prices, supply instability, and political instability in the economies manufacturing cacao are the restraints for the growth of global chocolate market.
To know the latest trends and insights prevalent in this market, click the link below:
Browse 200 market data tables* and 90 figures* on "Chocolate” - Global forecast to 2025.
Key Trends and Analysis of Chocolate Market:
Key Takeaways of the Market:
Some of the major players in the Chocolate market include Mars, Hershey, Nestlé, Barry Callebaut, Kraft Foods, Ferrero, Moonstruck Chocolatier Co., Ghirardelli Chocolate Co., and Mondelez International (Cadbury).
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Coherent Market Insights
1001 4th Ave,
Seattle, WA 98154
Email: [email protected]
Finding it difficult to find the research that would cater to your business demands? Give us a chance to help you. One of our Research Consultants will connect to provide a customized solution.
Talk to our research consultant to design an exclusive report as per your research needs.
We aim to fulfil client's research demands with tailored research solutions.
We aim to provide research studies in quickest turnaround time and in a much cost effective manner.
We cover each industry from supply and demand side with an aim to provide a most holistic research study.
We strive to provide most accurate and reliable research findings in our research reports.