Chocolate Market
Chocolate Market Forecasts to 2028 - Global Analysis By Type (Milk, Dark and White), Product Form (Molded, Countlines and Softlines/Selflines), Pricing (Everyday Chocolate, Premium Chocolate and Seasonal Chocolate), Distribution, Application and By Geography
|
Years Covered |
2020-2028 |
|
Estimated Year Value (2022) |
US $45.24 BN |
|
Projected Year Value (2028) |
US $67.81 BN |
|
CAGR (2022 - 2028) |
6.98% |
|
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
|
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
|
Largest Market |
Europe |
|
Highest Growing Market |
Middle East and Africa |
According to Stratistics MRC, the Global Chocolate Market is accounted for $45.24 billion in 2022 and is expected to reach $67.81 billion by 2028 growing at a CAGR of 6.98% during the forecast period. Chocolate is a sweet food that has been around since ancient times. Its origins can be found in pre-Columbian societies where cocoa beans were utilized as money. People of all ages adore chocolate today and regularly consume it. Due to its health advantages, chocolate has seen an increase in demand in recent years. Serotonin is a neurotransmitter that helps to soothe the brain and promote overall wellbeing. Chocolate contains antioxidants, minerals, vitamins, and other healthy ingredients.
According to the State of Treating Report 2021 by the National Confectioners Association (NCA), chocolate rose by 4.2% during the pandemic period in 2020.
Market Dynamics:
Driver:
Consumer demand
Consumer demand is a significant driver of the chocolate market. People of all ages and backgrounds enjoy chocolate, and the demand for it has been increasing steadily over the years. The rising demand for chocolate is attributed to several factors, including its taste, texture, and the feelings of pleasure and comfort it can provide. As consumers become more health-conscious, there is a growing demand for high-quality, premium chocolate products that are made with natural and organic ingredients. Consumers are also seeking out chocolate products that are free from artificial additives, preservatives, and flavors. This trend towards healthier and more natural products has led to an increase in demand for dark chocolate, which is known to have higher levels of antioxidants and other beneficial nutrients, which will accelerate market growth over the course of the forecast period.
Restraint:
Health regulations and environmental regulations
Governments could implement regulations on the production and marketing of chocolate products to promote healthier options and reduce consumption. This could include limits on sugar content, calorie labeling requirements, and restrictions on advertising to children. Governments could impose environmental regulations on chocolate production, such as limits on water usage and emissions. This could help reduce the environmental impact of the industry, but it could also increase costs for producers and potentially lead to lower quality products, which are projected to impede the fog computing market's growth.
Opportunity:
Growing demand for healthier chocolates
Government initiatives and incentives are anticipated to fuel the expansion of the CHP sector, especially in OECD nations like the US, UK, Germany, Japan, and others. A new strategy for the development of CHP for energy efficiency was adopted by the US in 2012, and the then-US President also signed an executive order to encourage energy efficiency in businesses. For CHP installations, the US federal government and a number of state governments have offered incentives and tax breaks. The directive instructs the Environmental Protection Agency (EPA), the US Departments of Energy, Commerce, and Agriculture, and other federal agencies to coordinate their efforts to provide commercial and technical assistance to states in order to encourage investments in industrial energy efficiency.
Threat:
Unstable cocoa prices
Over the forecast period, the price of cocoa, the main ingredient in chocolate, has fluctuated widely. Marketers are unable to predict their annual production expenses due to the erratic price of cocoa, which increases the volatility of the cost of producing chocolate. The regional confectionery market is facing significant difficulties as a result of the volatility in cocoa prices because chocolates are one of the most popular confectionary products on the global market.
Covid-19 Impact:
The COVID-19 pandemic has had an impact on the European market because it has had the worst effects on the major economies in the area. However, the widespread vaccination campaign and other government actions led to the lifting of the lockdown and the restart of economic activities. Additionally, due to customers' busier lifestyles, the usage of nutrition bars with chocolate in them as a quick and wholesome snack has increased. As a result, during the forecast period, the aforementioned factors will propel the regional market.
The Supermarkets/hypermarkets segment is expected to be the largest during the forecast period
The Supermarkets/Hypermarkets segment is projected to witness the largest share as compared to other segments over the forecast period. This development can be attributed to the unique and interesting products that are offered in these places, as well as internal marketing campaigns for branded premium chocolates in supermarkets and hypermarkets, which increased chocolate sales.
The countlines segment is expected to have the highest CAGR during the forecast period
Countlines segment has a highest CAGR in the chocolate market during the projection period. The definition of “countline" in confectionery industry jargon for items sold by number rather than by weight. Countlines consider a single individual center, commonly in a configuration that permits one-handed eating. Apart from that, molded chocolates have acquired appeal for gifting purposes. The rising popularity of high-end chocolates and appealing packaging has increased demand for the molded market. Both celebrations and gift-giving involve these chocolates. This segment's growth is anticipated to be accelerated by the expansion of the craft chocolate industry and specialty retailers.
Region with largest share:
Europe is one of the largest chocolate manufacturers in the world. Consumers prefer premium chocolates in most of the countries in the region. Europe's chocolate manufacturing industry is heavily dependent on cocoa beans, and as such, there is a high demand for fine flavour cocoa in the region. The major markets contributing to the growth of the European chocolate market include countries such as the UK, Germany, Italy, Belgium, Switzerland, and Russia. These countries have a strong tradition of chocolate making and consumption. Additionally, the presence of many chocolate manufacturers headquartered in Europe, such as Ferrero, also helps to drive growth in the market.
Region with highest CAGR:
The CAGR for the Middle East and Africa is predicted to have the highest growth. This expansion is due to the region's retail stores having more products available. Additionally, the region ought to have easier access to goods as a result of encouraging government initiatives like tax breaks for chocolate makers and grinders. Additionally, growing consumer awareness, product innovation, middle-class consumers' increased disposable incomes, and the expansion of producers' distribution channels to reach a wider market are some of the key elements anticipated to raise the region's chocolate sales.
Key players in the market:
Some of the key players in Chocolate Market include Amul, Arcor Group, AUGUST STORCK KG, Barry Callebaut AG, BD Associates Ghana Ltd., Cadbury, Cargill, Chocoladefabriken Lindt and Sprungli AG, Cocoa Processing Co. Ltd., Crown Confectionery Co. Ltd, Delfi Ltd., ECOM Agroindustrial Corporation Ltd., Ezaki Glico Co. Ltd., Ferrero International S.A., Fuji Oil Company Ltd., Ghirardelli Chocolate Co., Gujarat Cooperative Milk Marketing Federation, Kraft Foods, Lindt & Sprüngli Ag., Lotte Corp, Mars, Incorporated, Meiji Holdings Co., Ltd., Mondel?z International, Inc., Moonstruck Chocolatier Co., Nestlé, Olam International, Orion Corp., The Australian Carob Co., The Hershey Company, Touton S. A. and Yildiz Holding AS.
Key Developments:
In February 2022, Hershey’s created a chocolate bar to celebrate All Women and Girls. This limited edition was named "Celebrate SHE" bars. The brand highlighted 'SHE' at the center of the milk chocolate bar.
In February 2022, Lindt Japan released new Sakura and Cream Lindor chocolate balls for sale in Japan. These chocolates are made with white chocolate
In October 2021, Godiva Japan Co., Limited announced that it launched three new chocolate drinks which are used "Whole Fruit Chocolate," made with 100% cacao fruit, for a limited time (October 13th to November 9th, 2021) and quantities.
Types Covered:
• Milk
• Dark
• White
Product Forms Covered:
• Molded
• Countlines
• Softlines/Selflines
Pricings Covered:
• Everyday Chocolate
• Premium Chocolate
• Seasonal Chocolate
Distribution Channels Covered:
• Direct Sales (B2B)
• Supermarkets/Hypermarkets
• Convenience Stores
• Online Stores
• Other Distribution Channels
Applications Covered:
• Food Products
• Bakery Products
• Sugar Confectionery
• Desserts
• Beverages
• Other Applications
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Chocolate Market, By Type
5.1 Introduction
5.2 Milk
5.3 Dark
5.4 White
6 Global Chocolate Market, By Product Form
6.1 Introduction
6.2 Molded
6.3 Countlines
6.4 Softlines/Selflines
7 Global Chocolate Market, By Pricing
7.1 Introduction
7.2 Everyday Chocolate
7.3 Premium Chocolate
7.4 Seasonal Chocolate
8 Global Chocolate Market, Distribution Channel
8.1 Introduction
8.2 Direct Sales (B2B)
8.3 Supermarkets/Hypermarkets
8.4 Convenience Stores
8.5 Online Stores
8.6 Other Distribution Channels
9 Global Chocolate Market, By Application
9.1 Introduction
9.2 Food Products
9.3 Bakery Products
9.4 Sugar Confectionery
9.5 Desserts
9.6 Beverages
9.7 Other Applications
10 Global Chocolate Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 Amul
12.2 Arcor Group
12.3 AUGUST STORCK KG
12.4 Barry Callebaut AG
12.5 BD Associates Ghana Ltd.
12.6 Cadbury
12.7 Cargill
12.8 Chocoladefabriken Lindt and Sprungli AG
12.9 Cocoa Processing Co. Ltd.
12.10 Crown Confectionery Co. Ltd
12.11 Delfi Ltd.
12.12 ECOM Agroindustrial Corporation Ltd.
12.13 Ezaki Glico Co. Ltd.
12.14 Ferrero International S.A.
12.15 Fuji Oil Company Ltd.
12.16 Ghirardelli Chocolate Co.
12.17 Gujarat Cooperative Milk Marketing Federation
12.18 Kraft Foods
12.19 Lindt & Sprüngli Ag.
12.20 Lotte Corp
12.21 Mars, Incorporated
12.22 Meiji Holdings Co., Ltd.
12.23 Mondel?z International, Inc.
12.24 Moonstruck Chocolatier Co.
12.25 Nestlé
12.26 Olam International
12.27 Orion Corp.
12.28 The Australian Carob Co.
12.29 The Hershey Company
12.30 Touton S. A.
12.31 Yildiz Holding AS
List of Tables
1 Global Chocolate Market Outlook, By Region (2020-2028) ($MN)
2 Global Chocolate Market Outlook, By Type (2020-2028) ($MN)
3 Global Chocolate Market Outlook, By Milk (2020-2028) ($MN)
4 Global Chocolate Market Outlook, By Dark (2020-2028) ($MN)
5 Global Chocolate Market Outlook, By White (2020-2028) ($MN)
6 Global Chocolate Market Outlook, By Product Form (2020-2028) ($MN)
7 Global Chocolate Market Outlook, By Molded (2020-2028) ($MN)
8 Global Chocolate Market Outlook, By Countlines (2020-2028) ($MN)
9 Global Chocolate Market Outlook, By Softlines/Selflines (2020-2028) ($MN)
10 Global Chocolate Market Outlook, By Pricing (2020-2028) ($MN)
11 Global Chocolate Market Outlook, By Everyday Chocolate (2020-2028) ($MN)
12 Global Chocolate Market Outlook, By Premium Chocolate (2020-2028) ($MN)
13 Global Chocolate Market Outlook, By Seasonal Chocolate (2020-2028) ($MN)
14 Global Chocolate Market Outlook, Distribution Channel (2020-2028) ($MN)
15 Global Chocolate Market Outlook, By Direct Sales (B2B) (2020-2028) ($MN)
16 Global Chocolate Market Outlook, By Supermarkets/Hypermarkets (2020-2028) ($MN)
17 Global Chocolate Market Outlook, By Convenience Stores (2020-2028) ($MN)
18 Global Chocolate Market Outlook, By Online Stores (2020-2028) ($MN)
19 Global Chocolate Market Outlook, By Other Distribution Channels (2020-2028) ($MN)
20 Global Chocolate Market Outlook, By Application (2020-2028) ($MN)
21 Global Chocolate Market Outlook, By Food Products (2020-2028) ($MN)
22 Global Chocolate Market Outlook, By Bakery Products (2020-2028) ($MN)
23 Global Chocolate Market Outlook, By Sugar Confectionery (2020-2028) ($MN)
24 Global Chocolate Market Outlook, By Desserts (2020-2028) ($MN)
25 Global Chocolate Market Outlook, By Beverages (2020-2028) ($MN)
26 Global Chocolate Market Outlook, By Other Applications (2020-2028) ($MN)
27 North America Chocolate Market Outlook, By Country (2020-2028) ($MN)
28 North America Chocolate Market Outlook, By Type (2020-2028) ($MN)
29 North America Chocolate Market Outlook, By Milk (2020-2028) ($MN)
30 North America Chocolate Market Outlook, By Dark (2020-2028) ($MN)
31 North America Chocolate Market Outlook, By White (2020-2028) ($MN)
32 North America Chocolate Market Outlook, By Product Form (2020-2028) ($MN)
33 North America Chocolate Market Outlook, By Molded (2020-2028) ($MN)
34 North America Chocolate Market Outlook, By Countlines (2020-2028) ($MN)
35 North America Chocolate Market Outlook, By Softlines/Selflines (2020-2028) ($MN)
36 North America Chocolate Market Outlook, By Pricing (2020-2028) ($MN)
37 North America Chocolate Market Outlook, By Everyday Chocolate (2020-2028) ($MN)
38 North America Chocolate Market Outlook, By Premium Chocolate (2020-2028) ($MN)
39 North America Chocolate Market Outlook, By Seasonal Chocolate (2020-2028) ($MN)
40 North America Chocolate Market Outlook, Distribution Channel (2020-2028) ($MN)
41 North America Chocolate Market Outlook, By Direct Sales (B2B) (2020-2028) ($MN)
42 North America Chocolate Market Outlook, By Supermarkets/Hypermarkets (2020-2028) ($MN)
43 North America Chocolate Market Outlook, By Convenience Stores (2020-2028) ($MN)
44 North America Chocolate Market Outlook, By Online Stores (2020-2028) ($MN)
45 North America Chocolate Market Outlook, By Other Distribution Channels (2020-2028) ($MN)
46 North America Chocolate Market Outlook, By Application (2020-2028) ($MN)
47 North America Chocolate Market Outlook, By Food Products (2020-2028) ($MN)
48 North America Chocolate Market Outlook, By Bakery Products (2020-2028) ($MN)
49 North America Chocolate Market Outlook, By Sugar Confectionery (2020-2028) ($MN)
50 North America Chocolate Market Outlook, By Desserts (2020-2028) ($MN)
51 North America Chocolate Market Outlook, By Beverages (2020-2028) ($MN)
52 North America Chocolate Market Outlook, By Other Applications (2020-2028) ($MN)
53 Europe Chocolate Market Outlook, By Country (2020-2028) ($MN)
54 Europe Chocolate Market Outlook, By Type (2020-2028) ($MN)
55 Europe Chocolate Market Outlook, By Milk (2020-2028) ($MN)
56 Europe Chocolate Market Outlook, By Dark (2020-2028) ($MN)
57 Europe Chocolate Market Outlook, By White (2020-2028) ($MN)
58 Europe Chocolate Market Outlook, By Product Form (2020-2028) ($MN)
59 Europe Chocolate Market Outlook, By Molded (2020-2028) ($MN)
60 Europe Chocolate Market Outlook, By Countlines (2020-2028) ($MN)
61 Europe Chocolate Market Outlook, By Softlines/Selflines (2020-2028) ($MN)
62 Europe Chocolate Market Outlook, By Pricing (2020-2028) ($MN)
63 Europe Chocolate Market Outlook, By Everyday Chocolate (2020-2028) ($MN)
64 Europe Chocolate Market Outlook, By Premium Chocolate (2020-2028) ($MN)
65 Europe Chocolate Market Outlook, By Seasonal Chocolate (2020-2028) ($MN)
66 Europe Chocolate Market Outlook, Distribution Channel (2020-2028) ($MN)
67 Europe Chocolate Market Outlook, By Direct Sales (B2B) (2020-2028) ($MN)
68 Europe Chocolate Market Outlook, By Supermarkets/Hypermarkets (2020-2028) ($MN)
69 Europe Chocolate Market Outlook, By Convenience Stores (2020-2028) ($MN)
70 Europe Chocolate Market Outlook, By Online Stores (2020-2028) ($MN)
71 Europe Chocolate Market Outlook, By Other Distribution Channels (2020-2028) ($MN)
72 Europe Chocolate Market Outlook, By Application (2020-2028) ($MN)
73 Europe Chocolate Market Outlook, By Food Products (2020-2028) ($MN)
74 Europe Chocolate Market Outlook, By Bakery Products (2020-2028) ($MN)
75 Europe Chocolate Market Outlook, By Sugar Confectionery (2020-2028) ($MN)
76 Europe Chocolate Market Outlook, By Desserts (2020-2028) ($MN)
77 Europe Chocolate Market Outlook, By Beverages (2020-2028) ($MN)
78 Europe Chocolate Market Outlook, By Other Applications (2020-2028) ($MN)
79 Asia Pacific Chocolate Market Outlook, By Country (2020-2028) ($MN)
80 Asia Pacific Chocolate Market Outlook, By Type (2020-2028) ($MN)
81 Asia Pacific Chocolate Market Outlook, By Milk (2020-2028) ($MN)
82 Asia Pacific Chocolate Market Outlook, By Dark (2020-2028) ($MN)
83 Asia Pacific Chocolate Market Outlook, By White (2020-2028) ($MN)
84 Asia Pacific Chocolate Market Outlook, By Product Form (2020-2028) ($MN)
85 Asia Pacific Chocolate Market Outlook, By Molded (2020-2028) ($MN)
86 Asia Pacific Chocolate Market Outlook, By Countlines (2020-2028) ($MN)
87 Asia Pacific Chocolate Market Outlook, By Softlines/Selflines (2020-2028) ($MN)
88 Asia Pacific Chocolate Market Outlook, By Pricing (2020-2028) ($MN)
89 Asia Pacific Chocolate Market Outlook, By Everyday Chocolate (2020-2028) ($MN)
90 Asia Pacific Chocolate Market Outlook, By Premium Chocolate (2020-2028) ($MN)
91 Asia Pacific Chocolate Market Outlook, By Seasonal Chocolate (2020-2028) ($MN)
92 Asia Pacific Chocolate Market Outlook, Distribution Channel (2020-2028) ($MN)
93 Asia Pacific Chocolate Market Outlook, By Direct Sales (B2B) (2020-2028) ($MN)
94 Asia Pacific Chocolate Market Outlook, By Supermarkets/Hypermarkets (2020-2028) ($MN)
95 Asia Pacific Chocolate Market Outlook, By Convenience Stores (2020-2028) ($MN)
96 Asia Pacific Chocolate Market Outlook, By Online Stores (2020-2028) ($MN)
97 Asia Pacific Chocolate Market Outlook, By Other Distribution Channels (2020-2028) ($MN)
98 Asia Pacific Chocolate Market Outlook, By Application (2020-2028) ($MN)
99 Asia Pacific Chocolate Market Outlook, By Food Products (2020-2028) ($MN)
100 Asia Pacific Chocolate Market Outlook, By Bakery Products (2020-2028) ($MN)
101 Asia Pacific Chocolate Market Outlook, By Sugar Confectionery (2020-2028) ($MN)
102 Asia Pacific Chocolate Market Outlook, By Desserts (2020-2028) ($MN)
103 Asia Pacific Chocolate Market Outlook, By Beverages (2020-2028) ($MN)
104 Asia Pacific Chocolate Market Outlook, By Other Applications (2020-2028) ($MN)
105 South America Chocolate Market Outlook, By Country (2020-2028) ($MN)
106 South America Chocolate Market Outlook, By Type (2020-2028) ($MN)
107 South America Chocolate Market Outlook, By Milk (2020-2028) ($MN)
108 South America Chocolate Market Outlook, By Dark (2020-2028) ($MN)
109 South America Chocolate Market Outlook, By White (2020-2028) ($MN)
110 South America Chocolate Market Outlook, By Product Form (2020-2028) ($MN)
111 South America Chocolate Market Outlook, By Molded (2020-2028) ($MN)
112 South America Chocolate Market Outlook, By Countlines (2020-2028) ($MN)
113 South America Chocolate Market Outlook, By Softlines/Selflines (2020-2028) ($MN)
114 South America Chocolate Market Outlook, By Pricing (2020-2028) ($MN)
115 South America Chocolate Market Outlook, By Everyday Chocolate (2020-2028) ($MN)
116 South America Chocolate Market Outlook, By Premium Chocolate (2020-2028) ($MN)
117 South America Chocolate Market Outlook, By Seasonal Chocolate (2020-2028) ($MN)
118 South America Chocolate Market Outlook, Distribution Channel (2020-2028) ($MN)
119 South America Chocolate Market Outlook, By Direct Sales (B2B) (2020-2028) ($MN)
120 South America Chocolate Market Outlook, By Supermarkets/Hypermarkets (2020-2028) ($MN)
121 South America Chocolate Market Outlook, By Convenience Stores (2020-2028) ($MN)
122 South America Chocolate Market Outlook, By Online Stores (2020-2028) ($MN)
123 South America Chocolate Market Outlook, By Other Distribution Channels (2020-2028) ($MN)
124 South America Chocolate Market Outlook, By Application (2020-2028) ($MN)
125 South America Chocolate Market Outlook, By Food Products (2020-2028) ($MN)
126 South America Chocolate Market Outlook, By Bakery Products (2020-2028) ($MN)
127 South America Chocolate Market Outlook, By Sugar Confectionery (2020-2028) ($MN)
128 South America Chocolate Market Outlook, By Desserts (2020-2028) ($MN)
129 South America Chocolate Market Outlook, By Beverages (2020-2028) ($MN)
130 South America Chocolate Market Outlook, By Other Applications (2020-2028) ($MN)
131 Middle East & Africa Chocolate Market Outlook, By Country (2020-2028) ($MN)
132 Middle East & Africa Chocolate Market Outlook, By Type (2020-2028) ($MN)
133 Middle East & Africa Chocolate Market Outlook, By Milk (2020-2028) ($MN)
134 Middle East & Africa Chocolate Market Outlook, By Dark (2020-2028) ($MN)
135 Middle East & Africa Chocolate Market Outlook, By White (2020-2028) ($MN)
136 Middle East & Africa Chocolate Market Outlook, By Product Form (2020-2028) ($MN)
137 Middle East & Africa Chocolate Market Outlook, By Molded (2020-2028) ($MN)
138 Middle East & Africa Chocolate Market Outlook, By Countlines (2020-2028) ($MN)
139 Middle East & Africa Chocolate Market Outlook, By Softlines/Selflines (2020-2028) ($MN)
140 Middle East & Africa Chocolate Market Outlook, By Pricing (2020-2028) ($MN)
141 Middle East & Africa Chocolate Market Outlook, By Everyday Chocolate (2020-2028) ($MN)
142 Middle East & Africa Chocolate Market Outlook, By Premium Chocolate (2020-2028) ($MN)
143 Middle East & Africa Chocolate Market Outlook, By Seasonal Chocolate (2020-2028) ($MN)
144 Middle East & Africa Chocolate Market Outlook, Distribution Channel (2020-2028) ($MN)
145 Middle East & Africa Chocolate Market Outlook, By Direct Sales (B2B) (2020-2028) ($MN)
146 Middle East & Africa Chocolate Market Outlook, By Supermarkets/Hypermarkets (2020-2028) ($MN)
147 Middle East & Africa Chocolate Market Outlook, By Convenience Stores (2020-2028) ($MN)
148 Middle East & Africa Chocolate Market Outlook, By Online Stores (2020-2028) ($MN)
149 Middle East & Africa Chocolate Market Outlook, By Other Distribution Channels (2020-2028) ($MN)
150 Middle East & Africa Chocolate Market Outlook, By Application (2020-2028) ($MN)
151 Middle East & Africa Chocolate Market Outlook, By Food Products (2020-2028) ($MN)
152 Middle East & Africa Chocolate Market Outlook, By Bakery Products (2020-2028) ($MN)
153 Middle East & Africa Chocolate Market Outlook, By Sugar Confectionery (2020-2028) ($MN)
154 Middle East & Africa Chocolate Market Outlook, By Desserts (2020-2028) ($MN)
155 Middle East & Africa Chocolate Market Outlook, By Beverages (2020-2028) ($MN)
156 Middle East & Africa Chocolate Market Outlook, By Other Applications (2020-2028) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
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- Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment.
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
Request Customization
We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?
Assured Quality
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Free Customization
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.
