Real and Compound Chocolate Market Size, Value Share, During Forecast Period 2020 to 2024

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iCrowdNewswire   Jan 13, 2021  11:35 AM ET

Market Analysis

The increased number of product offerings coupled with flavor innovations has retained the growth in demand for real and compound chocolates. Furthermore, the easy availability of real and compound chocolates across online and offline stores is expected to maintain the real and compound chocolate market growth over the next couple of years. A paradigm shift to healthy food habits has opened avenues for chocolate manufacturers to innovate products by adding healthy ingredients. The developments in products have propelled real and compound chocolate market growth and are likely to continue during the assessment period.

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Major Key Players

Some of the key players profiled by MRFR in its report are

  • Aalst Chocolate Pte. Ltd. (Singapore)
  • Beryl’s Chocolate & Confectionery Sdn. Bhd. (Malaysia)
  • Foley’s Candies Ltd. (Canada),
  • The Hershey Co. (U.S.),
  • Barry Callebaut AG (Switzerland),
  • Ferrero SPA (Italy),
  • Alpezzi Chocolate (Mexico),
  • Ghirardelli Chocolate Company (U.S.),
  • Mars Inc. (U.S.),
  • Mondelez International, Inc. (U.S.),
  • Nestle S.A. (Switzerland),
  • Guittard Chocolate Company,
  • PURATOS Group NV (Belgium),
  • Blommer Chocolate Company (U.S.),
  • Puratos Group NV (Belgium),
  • Barry Callebaut AG (Switzerland),
  • Meiji Co., Ltd. (Japan),
  • Lindt & Sprüngli SpA (Italy),
  • Valrhona Inc. (France),
  • Republica del cacao (South America),
  • TCHO (U.S.),
  • Fujian Yake Food Co., Ltd. (China)

Market Segmentation

By type, the global Real and Compound Chocolate Market has been segmented into real chocolate and compound chocolate. The real chocolate segment is further sub-segmented into dark, milk, and white. The compound chocolate segment has further been sub-segmented into dark, milk, white, and others.

Regional Analysis

Asia Pacific is the fastest growing market for real and compound chocolate. The increasing application of chocolates in confectionery is one of the key drivers of demand in the region. The presence of key players in North America is likely to favor the growth and expansion of real and compound chocolate market in the region.

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