Press Release
Press Release
The global market for chocolate is led by North America, followed by Europe. The United Kingdom, and Germany are the major countries in Europe. The market is being driven by the changing consumer lifestyles and increasing disposable income in emerging economies. The Asia Pacific region, especially India and China, is emerging as the fastest-growing market due to the rising influence of the Western lifestyle and related health benefits of chocolate consumption. These economies are expected to offer substantial product sales, especially during seasonal and festive sales.
Nestlé S.A. (SWX: NESN) and Mondelez International (NASDAQ: MDLZ) are some of the key players in the market. In July 2019, Nestlé S.A. announced that it has found a way to develop sugarless chocolate by using leftover material from cocoa plants to provide sweetness to the product. This product has been developed in response to the demand for natural and healthier fare has increased in recent years. Also, pressure from the consumers as well as governments to develop healthier products due to the rising incidences of obesity and diabetes has led to the development of this version of chocolate. This move, i.e., finding a way to alter sugar structure to boost sweetening power, will strengthen the company‘s position in the market. The company's new 70% dark chocolate will contain 40% less sugar as compared to the several equivalent bars with added sugar.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Mars, Incorporated, Mondelez International, Inc., Ferrero International, Nestlé S.A., The Hershey Company, Chocoladefabriken Lindt & Sprüngli AG, August Storck KG, LOTTE Corp., United Confectionary, SLU, Godiva Chocolatier, Inc., Ghirardelli Chocolate Company, Meiji Holdings Co., Ltd., Arcor Group, and Barry Callebaut AG, among others, are the key players in the global market for chocolate. The EMR report looks into the capacity, market share, and latest developments of these major players like plant turnarounds, mergers and acquisitions, and capacity expansions.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
Website: www.expertmarketresearch.com
Email: sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.