Dark Chocolate Market Size Estimation, New Business Opportunities, Forthcoming Growth Rate, and Top Regions
Dark chocolate is a bitter, brown comfort food prepared from cocoa beans in the form of block, liquid, or paste. Dark chocolate is used as a flavoring ingredient in several foodstuffs such as chocolate brownies, cakes, chocolate cookies, bars, and candies. The main ingredient in dark chocolate is cocoa that provides phytochemicals (an antioxidant). Various health benefits offered by dark chocolate such as high content of phytochemicals in dark chocolates are expected to drive growth of the market over the forecast period.
Market Dynamics:
Chocolates contain antioxidants called flavonoids, most notably epicatechin, catechin, and procyanidins. High intake of foods with flavonoids such as cocoa, is associated with reduced risk of death caused by heart disease. For instance, according to the U.S. Department of Agriculture's nutrient database, a standard bar of dark chocolate with 70% to 85% percent cacao contains around 600 calories and 24 grams of sugar. Moreover, dark chocolates help in improving the blood flow coupled with lowering the blood pressure.
Market Taxonomy:
On the basis of product type, the global dark chocolate market is segmented into:
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Conventional
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Organic
On the basis of application, the global dark chocolate market is segmented into:
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Food & Beverages
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Beauty & Personal Care Products
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Pharmaceuticals
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Major Keyplayers: Mars Inc., The Hershey Company, Nestlé S.A., Godiva, Amul, Lindt & Sprüngli AG, Ghirardelli Chocolate Co., Patchi, Harry & David Holdings, Inc., and Mondelez International.
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