The latest market research report titled “Liquid Chocolates Market” methodically summarizes key elements of Liquid Chocolates research. The report provides an in-depth study of the Liquid Chocolates , highlighting the latest growth trends and dynamics in the Liquid Chocolates . The report is intended to assist readers in accurately assessing current and future Liquid Chocolates scenarios.
Market Overview:
Liquid chocolate is one of the popular food ingredient used as topping to different desserts or can be mixed with milk beverages to add sweet flavor.
Competitive Landscape:
Nestle S.A., The Hershey Company, The J.M. Smucker Company, Monin, R. Torre & Company, Amoretti, Ghirardelli Chocolate Company, Walden Farms, AH!LASKA, Olam International, CEMOI, Baronie Group, Blommer Chocolate Company, NATRA, and Barry Callebaut among others
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Key Drivers
Growing awareness regarding health benefits of chocolate is driving growth of the liquid chocolates market. Dark chocolate are gaining popularity as its consumption protects the skin against sun damage, increases skin hydration, improve blood flow to the skin, and enhance brain functioning. Increasing chocolate syrups to decorate & provide taste to variety of bakery & confectionary products is again fostering growth of the market.
Increasing investment for expanding production of liquid chocolate by key player is again fostering growth of the market. For instance, in June 2018, Cargill has invested €12 million (US$13.8 million) in a new liquid chocolate production line at its Mouscron production facility in Belgium. This additional investment brings the total investment of the site up to €47 million (US$54.3 million).
Covid-19 Impact Analysis
After the COVID-19 virus began to spread, food &beverage industries moved decisively in order to protect their employees and secure supply chains. During initial days, the market and grocery stores were closed but later it has created a massive spike in online grocery delivery. However, key players are looking for adopting various strategies for reimagining and reforming their business in the market.
Key Takeaways:
The liquid chocolates market is expected to exhibit a CAGR of 5.42% over the forecast period owing to the increasing consumption of bakery and confectionary products and expansion of supermarket &hypermarkets around the globe.
North America is expected to gain significant growth over the forecast period owing to the high sale of liquid chocolate during occasions and festivals such as Easter, Valentine’s Day, Halloween, and Christmas. According to the International Housewares Association, in 2017, the U.S. retail sales of chocolate products was highest during Easter with a value of US$ 935 million, followed by Christmas, Valentine’s Day, Halloween, and other similar public holidays/occasions with values US$ 776 million, US$ 524 million, US$ 383 million, and US$ 12 million, respectively.
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MARKET TAXONOMY
On the basis of product type, the global liquid chocolates market is segmented into:
White Chocolate
Dark Chocolate
Milk Chocolate
Important Features that are under Offering and Key Highlights of the Reports:
– Potential and niche segments/regions exhibiting promising growth.
– Detailed overview of Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application, etc.
– Historical, current, and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Market
– Strategies of key players and product offerings
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✤ SWOT Analysis is used to define, assess, and analyse market competition by focusing on the world's major manufacturers. The market is defined, described, and forecasted by type, application, and region.
✤ Examine the potential and advantages of the global and major regional markets, as well as the opportunities and challenges, as well as the constraints and risks.
✤ Determine whether market growth is being driven or hampered by trends and factors.
✤ Stakeholders will be able to assess market potential by identifying high-growth categories.
✤ Conduct a strategic analysis of each submarket's growth trends and contribution to the market.
✤ Competitive developments in the market include expansions, agreements, new product launches, and acquisitions.
✤ To develop a strategic profile of the major players and conduct a thorough analysis of their growth strategies.
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✔ In the next seven years, what innovative technology trends should we expect?
✔ Which sub-segment do you believe will grow the fastest over the next few years?
✔ By 2028, which region is predicted to have the largest market share?
✔ What organic and inorganic strategies are businesses employing to gain market share?
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