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Global Real and Compound Chocolate Market Share, Size, Trends, Analysis, Forecast: By Type: Dark Chocolate, White Chocolate, Milk Chocolate; By Product Category: Real Chocolate, Compound Chocolate; By Forms: Coatings, Chips, Slabs, Others; By Application: Bakery, Confectionery, Others; Regional Analysis; Competitive Landscape; 2023-2028
Global Real and Compound Chocolate Market Outlook
The global market size for real and compound chocolate reached a value of more than USD 27.46 billion in 2021. The global real and compound chocolate market is expected to grow at a CAGR of 5.80% between 2023 and 2028, reaching a value of USD 38.52 billion by 2027.
Key Trends in the Market
Real and compound chocolates are pure chocolates prepared with cocoa ingredients and other additives based on the product. Real chocolate is prepared by combining cocoa butter and cocoa mass whereas compound chocolate is prepared using vegetable fat and cocoa powder. Compound chocolates are the most common type of chocolate used in food manufacturing for products such as pastries, ice creams, confectionary snacks, or bakery items.
- Technical advantages provided with the chocolates such as bloom and heat resistance increase its demand especially in the warmer countries, contributing to the growth of the market.
- Innovative and premium chocolate production has attracted a number of consumers to buy the products, increasing the production rate fuelling the growth of the real and compound chocolate market.
- Improving purchasing power of consumers supported by rising disposable income and increased availability are also helping in bolstering the demand of chocolates helping in the growth of the overall market.
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Market Analysis
Based on type, the market can be divided into dark chocolate, white chocolate, and milk chocolate. By product category, the market is bifurcated into real chocolate and compound chocolate. On the basis of form, the market is segmented into coatings, chips, and slabs, among others. By application, the market is categorised into bakery, confectionary, beverages, and dairy and frozen desserts, among others. Based on region, the market is divided into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global real and compound chocolate market covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
- Nestle S.A.
- Cargill Incorporated
- Puratos NV/SA
- Fuji Oil CO., LTD.
- Barry Callebaut Group
- Others
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Market Share by Product Category
Compound chocolate accounts for a leading share of the real and compound chocolate market due to its low cost production, resulting in more manufacturers producing this type of chocolate at lower costs. Due to the lower costs, compound chocolate is also preferred by bakers. With additives, the flavours and cooking capabilities can be adjusted, increasing its versatility.
However, compound chocolate can lead to increased cholesterol, due to which health-conscious consumers are opting for real chocolate. Additionally, due to the high content of cocoa butter, real chocolate has an excellent velvety and smooth texture that enhances the nuanced flavour and aroma of the chocolate. Despite higher costs, the demand for real chocolate is expected to rise among consumers interested in premium chocolate, supporting the growth of the market.
Market Share by Type
Milk chocolate is one of the most popular types of chocolate globally, owing to its increasing consumption because of its texture and versatility, accounting for a majority share in the real and compound chocolate market. With a creamy texture, milk chocolate is made with milk and chocolate, and is liked by a vast portion of consumers. It also finds applications in hot chocolate, cake, shakes, and other end products, contributing to the growth of the segment in the market.
Dark chocolate typically has a higher percentage of cocoa solids and tends to have a slightly bitter taste as compared to milk chocolate, based on the cocoa concentration. However, dark chocolate offers numerous health benefits, including improved blood flow, lower blood pressure, and reduced risk of heart disease. It is also a powerful source of antioxidants. Due to its health benefits, the demand for dark chocolate is expected to rise and contribute to the overall market growth for real and compound chocolate.
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Competitive Landscape
Puratos NV/SA is an international food company that has its headquarter in Brussels, Belgium. It was founded in 1919 and believes in creating food solutions with innovations for the wellbeing of individuals and to create a healthy world.
Fuji Oil CO., LTD. founded in 1950 is based out of Tokyo in Japan. It is a food and beverage company that manufactures and supplies industrial chocolate, soy-based ingredients, vegetable oils and fats, and fermented ingredients with an aim to contribute to human health.
Barry Callebaut Group was founded in 1996 and has its headquarter in Zurich, Switzerland. It is a cocoa and chocolate products company that is involved in the manufacturing, processing, and supply of chocolates globally.
Other market players include Nestle S.A., and Cargill Incorporated, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Type |
|
| Breakup by Product Category |
|
| Breakup by Forms |
|
| Breakup by Application |
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| Breakup by Region |
|
| Market Dynamics |
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| Trade Data Analysis |
|
| Competitive Landscape |
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| Companies Covered |
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*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.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Real and Compound Chocolate Market Analysis
8.1 Key Industry Highlights
8.2 Global Real and Compound Chocolate Historical Market (2018-2022)
8.3 Global Real and Compound Chocolate Market Forecast (2023-2028)
8.4 Global Real and Compound Chocolate Market by Type
8.4.1 Dark Chocolate
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 White Chocolate
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Milk Chocolate
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.5 Global Real and Compound Chocolate Market by Product Category
8.5.1 Real Chocolate
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Compound Chocolate
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.6 Global Real and Compound Chocolate Market by Forms
8.6.1 Coatings
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Chips
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Slabs
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Others
8.7 Global Real and Compound Chocolate Market by Application
8.7.1 Bakery
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Confectionery
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Dairy and Frozen Desserts
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.7.4 Beverages
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2022)
8.7.4.3 Forecast Trend (2023-2028)
8.7.5 Others
8.8 Global Real and Compound Chocolate Market by Region
8.8.1 Market Share
8.8.1.1 North America
8.8.1.2 Europe
8.8.1.3 Asia Pacific
8.8.1.4 Latin America
8.8.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Trade Data Analysis (HS Code- 1806)
12.1 Major Exporting Countries
12.1.1 By Value
12.1.2 By Volume
12.2 Major Importing Countries
12.2.1 By Value
12.2.2 By Volume
13 Price Analysis
13.1 North America Historical Price Trends (2018-2022) and Forecast (2023-2028)
13.2 Europe Historical Price Trends (2018-2022) and Forecast (2023-2028)
13.3 Asia Pacific Historical Price Trends (2018-2022) and Forecast (2023-2028)
13.4 Latin America Historical Price Trends (2018-2022) and Forecast (2023-2028)
13.5 Middle East and Africa Historical Price Trends (2018-2022) and Forecast (2023-2028)
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Nestlé S.A.
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Cargill Incorporated
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Puratos NV/SA
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Fuji Oil CO., LTD.
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Barry Callebaut Group
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Others
15 Industry Events and Developments
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
List of Key Figures and Tables
1. Global Real and Compound Chocolate Market: Key Industry Highlights, 2018 and 2028
2. Global Real and Compound Chocolate Historical Market: Breakup by Type (USD Million), 2018-2022
3. Global Real and Compound Chocolate Market Forecast: Breakup by Type (USD Million), 2023-2028
4. Global Real and Compound Chocolate Historical Market: Breakup by Product Category (USD Million), 2018-2022
5. Global Real and Compound Chocolate Market Forecast: Breakup by Product Category (USD Million), 2023-2028
6. Global Real and Compound Chocolate Historical Market: Breakup by Form (USD Million), 2018-2022
7. Global Real and Compound Chocolate Market Forecast: Breakup by Form (USD Million), 2023-2028
8. Global Real and Compound Chocolate Historical Market: Breakup by Application (USD Million), 2018-2022
9. Global Real and Compound Chocolate Market Forecast: Breakup by Application (USD Million), 2023-2028
10. Global Real and Compound Chocolate Historical Market: Breakup by Region (USD Million), 2018-2022
11. Global Real and Compound Chocolate Market Forecast: Breakup by Region (USD Million), 2023-2028
12. North America Real and Compound Chocolate Historical Market: Breakup by Country (USD Million), 2018-2022
13. North America Real and Compound Chocolate Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Europe Real and Compound Chocolate Historical Market: Breakup by Country (USD Million), 2018-2022
15. Europe Real and Compound Chocolate Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Asia Pacific Real and Compound Chocolate Historical Market: Breakup by Country (USD Million), 2018-2022
17. Asia Pacific Real and Compound Chocolate Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Latin America Real and Compound Chocolate Historical Market: Breakup by Country (USD Million), 2018-2022
19. Latin America Real and Compound Chocolate Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Middle East and Africa Real and Compound Chocolate Historical Market: Breakup by Country (USD Million), 2018-2022
21. Middle East and Africa Real and Compound Chocolate Market Forecast: Breakup by Country (USD Million), 2023-2028
22. Major Exporting Countries by Value
23. Major Importing Countries by Value
24. Major Exporting Countries by Volume
25. Major Importing Countries by Volume
26. North America Historical Price Trends and Forecast 2018-2028
27. Europe Historical Price Trends and Forecast 2018-2028
28. Asia Pacific Historical Price Trends and Forecast 2018-2028
29. Latin America Historical Price Trends and Forecast 2018-2028
30. Middle East and Africa Historical Price Trends and Forecast 2018-2028
31. Global Real and Compound Chocolate Market Structure
Key Questions Answered in the Report
The global market size for real and compound chocolate reached a value of more than USD 27.46 billion in 2021.
The market is expected to grow at a CAGR of 5.80% between 2023 and 2028.
The major market drivers include rising awareness of health benefits of chocolate, increased usage in confectionary products, and improving purchasing power of consumers worldwide.
The global market size for real and compound chocolate is expected to reach a value of more than USD 38.52 billion by 2027.
The key trends of the market are production of innovative and premium chocolates, development of certified chocolates, and holiday-linked chocolate consumption.
Key market players include Nestle S.A., Cargill Incorporated, Puratos NV/SA, Fuji Oil CO., LTD., and Barry Callebaut Group, among others.
Real chocolate is prepared by combining cocoa butter and cocoa mass whereas compound chocolate is prepared using vegetable fat and cocoa powder.
The global real and compound chocolate market is segmented based on type, product category, form, application, and region.
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