Global Compound Chocolate Market 2019-2023 | Evolving Opportunities with Barry Callebaut and Cargill, Incorporated. | Technavio

Technavio has announced its latest market research report titled global compound chocolate market 2019-2023. (Graphic: Business Wire)

LONDON--()--Technavio has been monitoring the global compound chocolate market since 2018 and the market is poised to grow by USD 3.73 billion during 2019-2023, progressing at a CAGR of nearly 5% during the forecast period. Request free sample pages

Read the 114-page report with TOC on “Compound Chocolate Market Analysis Report by Product (milk, dark, and white compound chocolate), Geography (APAC, Europe, MEA, North America, and South America), and the Segment Forecasts, 2019-2023”.

The market is driven by the expansion of retail space in APAC. In addition, the growing trend of premiumization is anticipated to boost the growth of the compound chocolate market.

The strong economic growth of countries in APAC is providing new growth opportunities for several market players. This is attracting many global retail market players to open new stores in the region. The expansion of supermarkets, hypermarkets, and convenience stores have increased the availability of a wide range of compound chocolates. In addition, the growing popularity of e-commerce is increasing the sale of compound chocolates in the region. Thus, the expansion of retail space in APAC is one of the key factors that is fueling the growth of the market.

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

View market snapshot before purchasing

Major Five Compound Chocolate Companies:

Barry Callebaut

Barry Callebaut owns and operates the business across segments such as EMEA, Americas, APAC, and Global Cocoa. The company offers a wide range of dark compound chocolates, white compound chocolates, and milk compound chocolates.

Cargill, Incorporated.

Cargill, Incorporated. owns and operates the business across various segments such as Animal Nutrition & Protein, Food Ingredients & Applications, Origination & Processing, and Industrial & Financial Services. The company offers a range of compound chocolates under its brands, Wilbur and Peter's.

MagicalButter.com, PBC

MagicalButter.com, PBC operates the business across segments such as Chocolate and Herbs. The company offers a range of milk compound chocolates, dark compound chocolates, and white compound chocolates.

Nestlé

Nestlé owns and operates the business across various segments such as AMS, EMENA, AOA, Nestlé Waters, and Other businesses. The company offers a wide range of dark compound chocolates, milk compound chocolates, and white compound chocolates.

PURATOS

PURATOS operates the business across various segments such as Bakery Ingredients, Patisserie Ingredients, and Chocolate. The company offers a range of compound chocolates under its brand, Carat.

Register for a free trial today and gain instant access to 10,000+ market research reports. Technavio's SUBSCRIPTION platform

Compound Chocolate Product Outlook (Revenue, USD Billion, 2019 - 2023)

  • Milk compound chocolate
  • Dark compound chocolate
  • White compound chocolate

Compound Chocolate Regional Outlook (Revenue, USD Billion, 2019 - 2023)

  • APAC
  • Europe
  • MEA
  • North America
  • South America

Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request a free sample report

Related Reports on Consumer Staples Include:

Global Chocolate Market – Global chocolate market by product (milk chocolate, dark chocolate, and white chocolate) and geography (the Americas, APAC, and EMEA).

Global Chocolate Confectionery Market – Global chocolate confectionery market by product (chocolate bars, boxed assortments and seasonal variants, and others) and geography (APAC, Europe, MEA, North America, and South America).

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: https://www.technavio.com/

Release Summary

The global compound chocolate market is poised to grow by USD 3.73 billion during 2019-2023, progressing at a CAGR of nearly 5%.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: https://www.technavio.com/