DUBLIN--(BUSINESS WIRE)--The "Industrial Chocolate Market by Application, Entity, and Geography - Global Forecast and Analysis 2019-2023" report has been added to ResearchAndMarkets.com's offering.
The global industrial chocolate market report looks at factors such as growing consumer awareness about the health benefits of dark chocolate, rising demand for ruby chocolates, and technological innovations in the industrial chocolate supply chain. However, fluctuations in the prices of cocoa and sugar, stringent regulations regarding quality of industrial chocolate, and product recall of chocolate at various levels of the supply chain may hamper the growth of the industrial chocolate industry over the forecast period.
The industrial chocolate market analysis considers sales from both confectionery, biscuits and bakery products, dairy and desserts, ice creams and frozen items, and cereals and other industrial chocolate applications.
In 2018, the confectionery segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as rising demand for industrial chocolate from end-users will play a significant role in the confectionery segment to maintain its market position.
Global Industrial Chocolate Market: Overview
Technological innovations in industrial chocolate supply chain
Recent technological innovations in industrial chocolate supply chain are blockchain and traceable cocoa. Industrial chocolate is prone to contamination during logistics and warehousing. Transparency in logistics can be enhanced by the introduction of blockchain technology, which helps in tracking the information at each checkpoint from harvesting to placement in shops improving food traceability and assuring food safety. These technologies will help chocolate manufacturers to build strong trust among customers at different levels of value chain leading to the expansion of the global industrial chocolate market at a CAGR of almost 5% during the forecast period.
The growing popularity of clean-label chocolate
The clean label refers to the simplification of the chocolate manufacturing process by using as few ingredients as possible. This is leading the vendors to expand their product lines to include organic, low-carb, non-genetically modified organism (GMO), gluten-free, and vegetable-based alternatives as consumer seek healthier options. Owing to the change in consumer preference, the demand for clean-label chocolates will increase. This growing popularity is expected to have a positive impact on the overall market growth.
With the presence of a few major players, the global industrial chocolate market is concentrated. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of few leading industrial chocolate manufacturers, that include Barry Callebaut AG, Cargill Inc., Cemoi Group, Clasen Quality Coatings Inc., Fuji Oil Co. Ltd., Mars Inc., Mondelz International Inc., NATRA SA, Nestl SA, The Hershey Co.
Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY APPLICATION
- Biscuits and bakery products
- Dairy and desserts
- Ice creams and frozen items
- Cereals and other industrial chocolate applications
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- Key leading countries
- Market opportunity
PART 09: MARKET SEGMENTATION BY ENTITY
- Market segmentation by entity
- Comparison by entity
- Integrated industrial chocolate - Market size and forecast 2018-2023
- Open industrial chocolate - Market size and forecast 2018-2023
- Market opportunity by entity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 12: MARKET TRENDS
- Growing vendor emphasis on sustainable cocoa production
- Personalization and mass customization
- Growing popularity of clean-label chocolate
PART 13: VENDOR LANDSCAPE
- Landscape disruption
- Competitive scenario
PART 14: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Barry Callebaut AG
- Cargill Inc.
- Cemoi Group
- Clasen Quality Coatings Inc.
- Fuji Oil Co. Ltd.
- Mars Inc.
- Mondelz International Inc.
- NATRA SA
- Nestl SA
The Hershey Co.
For more information about this report visit https://www.researchandmarkets.com/r/ed9s8m