Global Industrial Chocolate Market Analysis, Trends & Forecasts 2018-2022, With an Expected CAGR of 4.44% - ResearchAndMarkets.com

DUBLIN--()--The "Global Industrial Chocolate Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The analysts forecast the global industrial chocolate market to grow at a CAGR of 4.44% during the period 2018-2022.

Industrial chocolate is manufactured by blending cocoa liquor/paste and butter with other ingredients such as sugar and powdered milk, which further undergoes a process known as coaching. Industrial chocolate is used in-house by vertically integrated manufacturers or sold to third parties to produce finished chocolate products.

The latest trend gaining momentum in the market is the increased support for sustainable cocoa production by players. Cocoa farmers in cocoa producing regions like Africa are often forced to sell cocoa bean harvest to middlemen, who sometimes misrepresent prices and many media reports on issues like child slavery. To control such issues, leading players have started taking initiatives by introducing sustainable cocoa production programs.

One of the major drivers for this market is the increased consumption of seasonal and premium chocolates during festive seasons. Consumers willingly pay a premium price to purchase premium and seasonal chocolates as a treat, gift, or add-on gift for loved ones during festivals and holidays.

The report states that one of the major factors hindering the growth of this market is the demand outstripping supply of cocoa beans. Owing to factors like poor farming methods, pest infestation and diseases, extreme weather conditions, political instability, and civil unrest in cocoa producing countries, the demand is outstripping the supply of cocoa beans, thereby indirectly affecting the global industrial chocolate market.

Companies Mentioned

  • Barry Callebaut
  • Blommer Chocolate Company
  • Cargill
  • CMOI Group
  • FUJI OIL

Key Topics Covered:

1: Executive Summary

2: Scope Of The Report

3: Research Methodology

4: Market Landscape

5: Market Sizing

6: Five Forces Analysis

7: Market Segmentation By Application

8: Customer Landscape

9: Market Segmentation By Market Entity

10: Regional Landscape

11: Decision Framework

12: Drivers And Challenges

13: Market Trends

14: Vendor Landscape

15: Vendor Analysis

16: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/jff2c7/global_industrial?w=4

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Chocolate and Cocoa Products

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Chocolate and Cocoa Products