The global market for Industrial Chocolate is estimated at US$60.1 Billion in 2023 and is projected to reach US$81.8 Billion by 2030, growing at a CAGR of 4.5% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the industrial chocolate market is driven by several factors, including increasing consumer demand for confectionery products, the rise of the bakery industry, and the growing popularity of premium and organic chocolate. The expanding middle class in emerging markets, with greater disposable income, is also contributing to higher consumption of chocolate products. Technological advancements in chocolate production and the introduction of innovative products are further propelling market growth.
Additionally, the focus on sustainability and ethical sourcing of cocoa is driving demand for certified industrial chocolate. The influence of social media and food trends, highlighting artisanal and high-quality chocolate products, is also playing a significant role in market expansion, making industrial chocolate a vital component in the global food industry.
The growth in the industrial chocolate market is driven by several factors, including increasing consumer demand for confectionery products, the rise of the bakery industry, and the growing popularity of premium and organic chocolate. The expanding middle class in emerging markets, with greater disposable income, is also contributing to higher consumption of chocolate products. Technological advancements in chocolate production and the introduction of innovative products are further propelling market growth.
Additionally, the focus on sustainability and ethical sourcing of cocoa is driving demand for certified industrial chocolate. The influence of social media and food trends, highlighting artisanal and high-quality chocolate products, is also playing a significant role in market expansion, making industrial chocolate a vital component in the global food industry.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Cocoa Butter segment, which is expected to reach US$38.9 Billion by 2030 with a CAGR of a 5.2%. The Cocoa Powder segment is also set to grow at 4.2% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $13.8 Billion in 2023, and China, forecasted to grow at an impressive 6.9% CAGR to reach $7.8 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Industrial Chocolate Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Industrial Chocolate Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Industrial Chocolate Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Barry Callebaut AG, Cargill, Inc., CEMOI Group, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 77 Featured):
- Barry Callebaut AG
- Cargill, Inc.
- CEMOI Group
- Clasen Quality Chocolate, Inc.
- Foley’s Candies LP
- Fuji Oil Co. Ltd.
- Guittard Chocolate Company
- Lotus Chocolate Co. Ltd.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
- Barry Callebaut AG
- Cargill, Inc.
- CEMOI Group
- Clasen Quality Chocolate, Inc.
- Foley’s Candies LP
- Fuji Oil Co. Ltd.
- Guittard Chocolate Company
- Lotus Chocolate Co. Ltd.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 411 |
| Published | November 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 60.1 Billion |
| Forecasted Market Value ( USD | $ 81.8 Billion |
| Compound Annual Growth Rate | 4.5% |
| Regions Covered | Global |
| No. of Companies Mentioned | 8 |
