DUBLIN--(BUSINESS WIRE)--The "Global Chocolate Market By Product, By Traditional Chocolate Type, By Distribution Channel, By Region, Industry Analysis and Forecast, 2020 - 2026" report has been added to ResearchAndMarkets.com's offering.
The Global Chocolate Market size is expected to reach $171.6 billion by 2026, rising at a market growth of 5.3% CAGR during the forecast period.
Growing demand for dark chocolate in developed countries is attributed to increasing income levels and changing eating behaviors. Innovations in the production of dark chocolates and their usage as a gift also lead to the success of the global market. Some of the notable developments identified in the industry include that health benefits linked to dark chocolates that are rich in cocoa, increasing demand for premium-based dark chocolates that are made as gifts, more regulated seasonal chocolates by producers, and flourishing marketing initiatives.
The online segment is expected to see the highest CAGR over the projected period. Online sales channel has seen tremendous growth in the last few years owing to the growing proliferation of the internet in different countries. In addition, online retailers, including Amazon and Walmart, are adding this product category to the main focus area. Increasing dependency of generation X, millennials, and generation Z parents on the Internet and e-commerce is the main factor projected to boost chocolate consumption across online platforms in the coming years. Various features, including a range of value-added services, such as reduced pricing, cash-on-delivery, and paybacks, provided by e-retailers are anticipated to fuel the development of the online channel in the coming years.
The major strategies followed by the market participants are Product Launches and Acquisitions. Based on the Analysis presented in the Cardinal matrix, Nestle S.A. and Mondelez International, Inc. are the forerunners in the Chocolate Market. Companies such as The Barry Callebaut Group, Ferraro International S.A., The Hershey Company, Mars, Inc., Moonstruck Chocolate Company, Lindt & Sprungli AG, and Meiji Holdings Co., Ltd. are some of the key innovators in the market.
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Nestle S.A., Mondelez International, Inc., The Hershey Company (Hershey Trust Company), Mars, Inc., The Barry Callebaut Group, Meiji Holdings Co., Ltd., Ferrero International S.A., Lindt & Sprungli AG, Moonstruck Chocolate Company, and Yildiz Holdings A.S.
Key Topics Covered
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Chocolate Market, by Product
1.4.2 Global Chocolate Market, by Traditional Chocolate Type
1.4.3 Global Chocolate Market, by Distribution Channel
1.4.4 Global Chocolate Market, by Geography
1.5 Methodology for the Research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Geographical Expansions
3.2.4 Mergers & Acquisitions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions: 2017, Jan - 2020, Feb) Leading Players
Chapter 4. Global Chocolate Market by Product
4.1 Global Traditional Chocolate Market by Region
4.1.1 Global Traditional Chocolate Market by Type
4.1.1.1 Global Milk Chocolate Market by Region
4.1.1.2 Global Dark Chocolate Market by Region
4.1.1.3 Global White Chocolate Market by Region
4.2 Global Artificial Chocolate Market by Region
Chapter 5. Global Chocolate Market by Distribution Channel
5.1 Global Supermarket & Hypermarket Market by Region
5.2 Global Convenience Store Market by Region
5.3 Global Online Market by Region
Chapter 6. Global Chocolate Market by Region
6.1 North America Chocolate Market
6.2 Europe Chocolate Market
6.3 Asia-Pacific Chocolate Market
6.4 LAMEA Chocolate Market
Chapter 7. Company Profiles
7.1 Nestle S.A.
7.2 Mondelez International, Inc.
7.3 The Hershey Company (Hershey Trust Company)
7.4 Mars, Inc.
7.5 The Barry Callebaut Group
7.6 Meiji Holdings Co. Ltd.
7.7 Ferrero International S.A.
7.8 Lindt & Sprungli AG
7.9 Moonstruck Chocolate Company
7.10 Yildiz Holdings A.S.
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