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Milk Chocolate Market by Type and Geography - Global Forecast and Analysis 2019-2023 - Product Image

Milk Chocolate Market by Type and Geography - Global Forecast and Analysis 2019-2023

  • ID: 4787723
  • Report
  • May 2019
  • Region: Global
  • 116 pages
  • TechNavio
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FEATURED COMPANIES

  • Mars Inc.
  • Nestlé SA
  • The Hershey Co.
  • MORE
Global Milk Chocolate Market: About this market

Milk chocolate contains chocolate liquor, milk solids, and milk fat. The milk chocolate market considers the sales of bar milk chocolate and bite-size milk chocolate. Our milk chocolate market analysis also considers the sales of milk chocolate in APAC, Europe, MEA, North America, and South America. In 2018, the bar milk chocolate segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as premiumization of milk chocolate bars will play a significant role in the bar milk chocolate segment to maintain its market position. Also, our global milk chocolate market looks at factors such as increased spending on milk chocolates by millennials and Gen Z, rising demand for milk chocolates from emerging markets, and rising demand for low-calorie milk chocolate from health-conscious consumers. However, uncertainties in the key raw materials market, rising dairy allergen cases among consumers and the competition from dark chocolate varieties may hamper the growth of the milk chocolate industry over the forecast period.

Global Milk Chocolate Market: Overview

Rising demand for low-calorie milk chocolate from health-conscious consumers

Consumers are increasingly becoming aware of the health risks associated with the consumption of high-calorie food products, including milk chocolates. To capitalize on this growing trend among consumers, milk chocolate manufacturers are offering low-calorie milk chocolates. Several companies are investing in developing such innovative milk chocolate products for diet-conscious consumers. The growing demand for such low-calorie milk chocolates is one of the major factors driving the growth of the global milk chocolate market size at a CAGR of almost 5% during the forecast period.

Rise in flavors in milk chocolates

The growing shift toward flavored milk chocolates among consumers has encouraged milk chocolate manufacturers to include several ingredients such as nuts, fruits, added flavors, and textures. Some vendors in the market are offering new flavors such as ginger lime to expand their product portfolios. The introduction of flavored milk chocolates will have a positive impact on the growth of the global milk chocolate market size.

Competitive Landscape

With the presence of several players, the global milk chocolate market is fragmented. This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several milk chocolate manufacturers, that include Chocoladefabriken Lindt & Sprüngli AG, Mars Inc., Mondelēz International Inc., Nestlé SA, and The Hershey Co.

Also, the milk chocolate market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Mars Inc.
  • Nestlé SA
  • The Hershey Co.
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT
  • Preface
  • Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 04: MARKET SIZING
  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 06: MARKET SEGMENTATION BY TYPE
  • Market segmentation by type
  • Comparison by type
  • Bar milk chocolate - Market size and forecast 2018-2023
  • Bite-size milk chocolate - Market size and forecast 2018-2023
  • Market opportunity by type
PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE
  • Geographic segmentation
  • Geographic comparison
  • Europe - Market size and forecast 2018-2023
  • North America - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity
PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 11: MARKET TRENDS
  • Rise in flavors in milk chocolates
  • Introduction of small-scale startups
  • Focus toward temperature tolerant milk chocolates
PART 12: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
  • Competitive scenario
PART 13: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Chocoladefabriken Lindt & Sprüngli AG
  • Mars Inc.
  • Mondelēz International Inc.
  • Nestlé SA
  • The Hershey Co.
PART 14: APPENDIX
  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors
PART 15: EXPLORE

List of Exhibits
Exhibit 01: Global packaged food market
Exhibit 02: Segments of global packaged food market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Market definition - Inclusions and exclusions checklist
Exhibit 06: Market size 2018
Exhibit 07: Global market: Size and forecast 2018-2023 ($ millions)
Exhibit 08: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 09: Five forces analysis 2018
Exhibit 10: Five forces analysis 2023
Exhibit 11: Bargaining power of buyers
Exhibit 12: Bargaining power of suppliers
Exhibit 13: Threat of new entrants
Exhibit 14: Threat of substitutes
Exhibit 15: Threat of rivalry
Exhibit 16: Market condition - Five forces 2018
Exhibit 17: Product - Market share 2018-2023 (%)
Exhibit 18: Comparison by type
Exhibit 19: Bar milk chocolate - Market size and forecast 2018-2023 ($ millions)
Exhibit 20: Bar milk chocolate - Year-over-year growth 2019-2023 (%)
Exhibit 21: Bite-size milk chocolate - Market size and forecast 2018-2023 ($ millions)
Exhibit 22: Bite-size milk chocolate - Year-over-year growth 2019-2023 (%)
Exhibit 23: Market opportunity by type
Exhibit 24: Customer landscape
Exhibit 25: Market share by geography 2018-2023 (%)
Exhibit 26: Geographic comparison
Exhibit 27: Europe - Market size and forecast 2018-2023 ($ millions)
Exhibit 28: Europe - Year-over-year growth 2019-2023 (%)
Exhibit 29: North America - Market size and forecast 2018-2023 ($ millions)
Exhibit 30: North America - Year-over-year growth 2019-2023 (%)
Exhibit 31: APAC - Market size and forecast 2018-2023 ($ millions)
Exhibit 32: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 33: South America - Market size and forecast 2018-2023 ($ millions)
Exhibit 34: South America - Year-over-year growth 2019-2023 (%)
Exhibit 35: MEA - Market size and forecast 2018-2023 ($ millions)
Exhibit 36: MEA - Year-over-year growth 2019-2023 (%)
Exhibit 37: Key leading countries
Exhibit 38: Market opportunity
Exhibit 39: Impact of drivers and challenges
Exhibit 40: Vendor landscape
Exhibit 41: Landscape disruption
Exhibit 42: Vendors covered
Exhibit 43: Vendor classification
Exhibit 44: Market positioning of vendors
Exhibit 45: Chocoladefabriken Lindt & Sprüngli AG - Vendor overview
Exhibit 46: Chocoladefabriken Lindt & Sprüngli AG - Product segments
Exhibit 47: Chocoladefabriken Lindt & Sprüngli AG - Organizational developments
Exhibit 48: Chocoladefabriken Lindt & Sprüngli AG - Segment focus
Exhibit 49: Chocoladefabriken Lindt & Sprüngli AG - Key offerings
Exhibit 50: Mars Inc. - Vendor overview
Exhibit 51: Mars Inc. - Product segments
Exhibit 52: Mars Inc. - Organizational developments
Exhibit 53: Mars Inc. - Key offerings
Exhibit 54: Mondelēz International Inc. - Vendor overview
Exhibit 55: Mondelēz International Inc. - Business segments
Exhibit 56: Mondelēz International Inc. - Organizational developments
Exhibit 57: Mondelēz International Inc. - Geographic focus
Exhibit 58: Mondelēz International Inc. - Segment focus
Exhibit 59: Mondelēz International Inc. - Key offerings
Exhibit 60: Nestlé SA - Vendor overview
Exhibit 61: Nestlé SA - Business segments
Exhibit 62: Nestlé SA - Organizational developments
Exhibit 63: Nestlé SA - Geographic focus
Exhibit 64: Nestlé SA - Segment focus
Exhibit 65: Nestlé SA - Key offerings
Exhibit 66: The Hershey Co. - Vendor overview
Exhibit 67: The Hershey Co. - Business segments
Exhibit 68: The Hershey Co. - Organizational developments
Exhibit 69: The Hershey Co. - Segment focus
Exhibit 70: The Hershey Co. - Key offerings
Exhibit 71: Validation techniques employed for market sizing
Exhibit 72: Definition of market positioning of vendors
    Note: Product cover images may vary from those shown
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    FEATURED COMPANIES

    • Mars Inc.
    • Nestlé SA
    • The Hershey Co.
    • MORE
    Reseller PR

    The following companies are recognised as the key players in the global milk chocolate market: Chocoladefabriken Lindt & Sprüngli AG, Mars Inc., Mondelēz International Inc., Nestlé SA, and The Hershey Co.

    Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the rise in flavors in milk chocolates.

    According to the report, one of the major drivers for this market is the rising demand for low-calorie milk chocolate from health-conscious consumers.

    Further, the report states that one of the major factors hindering the growth of this market is the competition from dark chocolate varieties.

    The study was conducted using an objective combination of primary and secondary information, including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
    Note: Product cover images may vary from those shown
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    • Chocoladefabriken Lindt & Sprüngli AG
    • Mars Inc.
    • Mondelēz International Inc.
    • Nestlé SA
    • The Hershey Co.
    Note: Product cover images may vary from those shown
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