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Chocolate Flavors - Global Market Trajectory & Analytics

  • ID: 4804651
  • Report
  • June 2020
  • Region: Global
  • 194 pages
  • Global Industry Analysts, Inc
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FEATURED COMPANIES

  • AUGUST STO
  • BLOMMER CHOCOLATE COMPANY
  • CARGILL
  • CEMOI GROUP
  • FRUTAROM INDUSTRIES
  • GIVAUDAN SA
  • MORE
Amid the COVID-19 crisis and the looming economic recession, the Chocolate Flavors market worldwide will grow by a projected US $99.9 Million, during the analysis period, driven by a revised compounded annual growth rate (CAGR) of 3.6%. Confectionery, one of the segments analyzed and sized in this study, is forecast to grow at over 4.1% and reach a market size of US $100.5 Million by the end of the analysis period. An unusual period in history, the coronavirus pandemic has unleashed a series of unprecedented events affecting every industry. The Confectionery market will be reset to a new normal which going forwards in a post COVID-19 era will be continuously redefined and redesigned. Staying on top of trends and accurate analysis is paramount now more than ever to manage uncertainty, change and continuously adapt to new and evolving market conditions.

As part of the new emerging geographic scenario, the United States is forecast to readjust to a 2.3% CAGR. Within Europe, the region worst hit by the pandemic, Germany will add over US $2.4 Million to the region's size over the next 7 to 8 years. In addition, over US $2.5 Million worth of projected demand in the region will come from Rest of European markets. In Japan, the Confectionery segment will reach a market size of US $3.1 Million by the close of the analysis period. Blamed for the pandemic, significant political and economic challenges confront China. Amid the growing push for decoupling and economic distancing, the changing relationship between China and the rest of the world will influence competition and opportunities in the Chocolate Flavors market. Against this backdrop and the changing geopolitical, business and consumer sentiments, the world’s second largest economy will grow at 7% over the next couple of years and add approximately US $32 Million in terms of addressable market opportunity. Continuous monitoring for emerging signs of a possible new world order post-COVID-19 crisis is a must for aspiring businesses and their astute leaders seeking to find success in the now changing Chocolate Flavors market landscape. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include, among others are:
  • Archer Daniels Midland Company
  • Barry Callebaut AG
  • Blommer Chocolate Company
  • Cargill, Inc.
  • Cemoi Group
  • Frutarom Industries Ltd.
  • Givaudan SA
  • International Flavors & Fragrances, Inc.
  • Olam International Ltd.
  • Puratos Group NV

The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
Note: Product cover images may vary from those shown
2 of 3

FEATURED COMPANIES

  • AUGUST STO
  • BLOMMER CHOCOLATE COMPANY
  • CARGILL
  • CEMOI GROUP
  • FRUTAROM INDUSTRIES
  • GIVAUDAN SA
  • MORE
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
Chocolate Flavors: An Introductory Prelude
Chocolate’s Image as Luxury Food & Its Exciting Flavor Profile Create Fertile Environment
Widespread Publicity for Health Benefits of Chocolate Augments Use Case
Robust Momentum in Food Flavors Industry Instigates Massive Opportunities
Market Influenced by Cocoa Production Patterns
Global Competitor Market Shares
Chocolate Flavors Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS
Vital Role of Flavors in Dairy Products Underpin Sales Volumes
Chocolate Flavored Milk: Order of the Day
Chocolate Flavored Cheese
Chocolate Flavored Yogurt
Chocolate Flavors Make a Cut in Ice Cream and Other Frozen Products Verticals
Chocolate Flavors Carve Out Niche in the Breakfast Cereals Realm
Alcohols & Spirits: The New Application Area
Beers
Rising Demand for Organic Chocolate: Opportunity Indicator
Evolving Image of Fair Trade Chocolate to Steer Market Expansion
Growing Adoption of Low-Cost Compound Chocolate Augurs Well
A Peek into Latest Chocolate Flavor Trends
PRODUCT OVERVIEW
Chocolate: Introduction
Different Types & Flavors of Chocolate

4. GLOBAL MARKET PERSPECTIVE
TABLE 1: Chocolate Flavors Global Market Estimates and Forecasts in US$ Thousand by Region/Country: 2020-2027
TABLE 2: Chocolate Flavors Global Retrospective Market Scenario in US$ Thousand by Region/Country: 2012-2019
TABLE 3: Chocolate Flavors Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027
TABLE 4: Confectionery (End-Use) Global Opportunity Assessment in US$ Thousand by Region/Country: 2020-2027
TABLE 5: Confectionery (End-Use) Historic Sales Analysis in US$ Thousand by Region/Country: 2012-2019
TABLE 6: Confectionery (End-Use) Percentage Share Breakdown of Global Sales by Region/Country: 2012 VS 2020 VS 2027
TABLE 7: Dairy & Hot Drinks (End-Use) Worldwide Sales in US$ Thousand by Region/Country: 2020-2027
TABLE 8: Dairy & Hot Drinks (End-Use) Historic Demand Patterns in US$ Thousand by Region/Country: 2012-2019
TABLE 9: Dairy & Hot Drinks (End-Use) Market Share Shift across Key Geographies: 2012 VS 2020 VS 2027
TABLE 10: Bakery Products (End-Use) Global Market Estimates & Forecasts in US$ Thousand by Region/Country: 2020-2027
TABLE 11: Bakery Products (End-Use) Retrospective Demand Analysis in US$ Thousand by Region/Country: 2012-2019
TABLE 12: Bakery Products (End-Use) Market Share Breakdown by Region/Country: 2012 VS 2020 VS 2027
TABLE 13: Frozen Products (End-Use) Demand Potential Worldwide in US$ Thousand by Region/Country: 2020-2027
TABLE 14: Frozen Products (End-Use) Historic Sales Analysis in US$ Thousand by Region/Country: 2012-2019
TABLE 15: Frozen Products (End-Use) Share Breakdown Review by Region/Country: 2012 VS 2020 VS 2027
TABLE 16: Convenience Products (End-Use) Worldwide Latent Demand Forecasts in US$ Thousand by Region/Country: 2020-2027
TABLE 17: Convenience Products (End-Use) Global Historic Analysis in US$ Thousand by Region/Country: 2012-2019
TABLE 18: Convenience Products (End-Use) Distribution of Global Sales by Region/Country: 2012 VS 2020 VS 2027

III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
Market Facts & Figures
US Chocolate Flavors Market Share (in %) by Company: 2019 & 2025
Market Rides High on America’s Love for Chocolate
Ice Cream Emerges as Important Segment
Impact of Latest FDA Food Additive Regulations
Market Analytics
TABLE 19: United States Chocolate Flavors Latent Demand Forecasts in US$ Thousand by End-Use: 2020 to 2027
TABLE 20: Chocolate Flavors Historic Demand Patterns in the United States by End-Use in US$ Thousand for 2012-2019
TABLE 21: Chocolate Flavors Market Share Breakdown in the United States by End-Use: 2012 VS 2020 VS 2027
CANADA
TABLE 22: Canadian Chocolate Flavors Market Quantitative Demand Analysis in US$ Thousand by End-Use: 2020 to 2027
TABLE 23: Chocolate Flavors Market in Canada: Summarization of Historic Demand Patterns in US$ Thousand by End-Use for 2012-2019
TABLE 24: Canadian Chocolate Flavors Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
JAPAN
TABLE 25: Japanese Demand Estimates and Forecasts for Chocolate Flavors in US$ Thousand by End-Use: 2020 to 2027
TABLE 26: Japanese Chocolate Flavors Market in US$ Thousand by End-Use: 2012-2019
TABLE 27: Chocolate Flavors Market Share Shift in Japan by End-Use: 2012 VS 2020 VS 2027
CHINA
TABLE 28: Chinese Demand for Chocolate Flavors in US$ Thousand by End-Use: 2020 to 2027
TABLE 29: Chocolate Flavors Market Review in China in US$ Thousand by End-Use: 2012-2019
TABLE 30: Chinese Chocolate Flavors Market Share Breakdown by End-Use: 2012 VS 2020 VS 2027
EUROPE
Market Facts & Figures
European Chocolate Flavors Market: Competitor Market Share Scenario (in %) for 2019 & 2025
Market to Gain from Prevailing Trends in the Cocoa & Chocolate Industries
Market Analytics
TABLE 31: European Chocolate Flavors Market Demand Scenario in US$ Thousand by Region/Country: 2020-2027
TABLE 32: Chocolate Flavors Market in Europe: A Historic Market Perspective in US$ Thousand by Region/Country for the Period 2012-2019
TABLE 33: European Chocolate Flavors Market Share Shift by Region/Country: 2012 VS 2020 VS 2027
TABLE 34: European Chocolate Flavors Addressable Market Opportunity in US$ Thousand by End-Use: 2020-2027
TABLE 35: Chocolate Flavors Market in Europe: Summarization of Historic Demand in US$ Thousand by End-Use for the Period 2012-2019
TABLE 36: European Chocolate Flavors Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
FRANCE
TABLE 37: Chocolate Flavors Quantitative Demand Analysis in France in US$ Thousand by End-Use: 2020-2027
TABLE 38: French Chocolate Flavors Historic Market Review in US$ Thousand by End-Use: 2012-2019
TABLE 39: French Chocolate Flavors Market Share Analysis: A 17-Year Perspective by End-Use for 2012, 2020, and 2027
GERMANY
TABLE 40: Chocolate Flavors Market in Germany: Annual Sales Estimates and Forecasts in US$ Thousand by End-Use for the Period 2020-2027
TABLE 41: German Chocolate Flavors Market in Retrospect in US$ Thousand by End-Use: 2012-2019
TABLE 42: Chocolate Flavors Market Share Distribution in Germany by End-Use: 2012 VS 2020 VS 2027
ITALY
TABLE 43: Italian Demand for Chocolate Flavors in US$ Thousand by End-Use: 2020 to 2027
TABLE 44: Chocolate Flavors Market Review in Italy in US$ Thousand by End-Use: 2012-2019
TABLE 45: Italian Chocolate Flavors Market Share Breakdown by End-Use: 2012 VS 2020 VS 2027
UNITED KINGDOM
TABLE 46: United Kingdom Demand Estimates and Forecasts for Chocolate Flavors in US$ Thousand by End-Use: 2020 to 2027
TABLE 47: United Kingdom Chocolate Flavors Market in US$ Thousand by End-Use: 2012-2019
TABLE 48: Chocolate Flavors Market Share Shift in the United Kingdom by End-Use: 2012 VS 2020 VS 2027
SPAIN
TABLE 49: Spanish Chocolate Flavors Market Quantitative Demand Analysis in US$ Thousand by End-Use: 2020 to 2027
TABLE 50: Chocolate Flavors Market in Spain: Summarization of Historic Demand Patterns in US$ Thousand by End-Use for 2012-2019
TABLE 51: Spanish Chocolate Flavors Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
RUSSIA
TABLE 52: Russian Chocolate Flavors Latent Demand Forecasts in US$ Thousand by End-Use: 2020 to 2027
TABLE 53: Chocolate Flavors Historic Demand Patterns in Russia by End-Use in US$ Thousand for 2012-2019
TABLE 54: Chocolate Flavors Market Share Breakdown in Russia by End-Use: 2012 VS 2020 VS 2027
REST OF EUROPE
TABLE 55: Rest of Europe Chocolate Flavors Addressable Market Opportunity in US$ Thousand by End-Use: 2020-2027
TABLE 56: Chocolate Flavors Market in Rest of Europe: Summarization of Historic Demand in US$ Thousand by End-Use for the Period 2012-2019
TABLE 57: Rest of Europe Chocolate Flavors Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
ASIA-PACIFIC
Uptrend in Chocolate Industry Instigates Robust Growth Momentum
Tropical Flavors Gaining Traction
Market Analytics
TABLE 58: Asia-Pacific Chocolate Flavors Market Estimates and Forecasts in US$ Thousand by Region/Country: 2020-2027
TABLE 59: Chocolate Flavors Market in Asia-Pacific: Historic Market Analysis in US$ Thousand by Region/Country for the Period 2012-2019
TABLE 60: Asia-Pacific Chocolate Flavors Market Share Analysis by Region/Country: 2012 VS 2020 VS 2027
TABLE 61: Chocolate Flavors Quantitative Demand Analysis in Asia-Pacific in US$ Thousand by End-Use: 2020-2027
TABLE 62: Asia-Pacific Chocolate Flavors Historic Market Review in US$ Thousand by End-Use: 2012-2019
TABLE 63: Asia-Pacific Chocolate Flavors Market Share Analysis: A 17-Year Perspective by End-Use for 2012, 2020, and 2027
AUSTRALIA
TABLE 64: Chocolate Flavors Market in Australia: Annual Sales Estimates and Forecasts in US$ Thousand by End-Use for the Period 2020-2027
TABLE 65: Australian Chocolate Flavors Market in Retrospect in US$ Thousand by End-Use: 2012-2019
TABLE 66: Chocolate Flavors Market Share Distribution in Australia by End-Use: 2012 VS 2020 VS 2027
INDIA
TABLE 67: Indian Chocolate Flavors Market Quantitative Demand Analysis in US$ Thousand by End-Use: 2020 to 2027
TABLE 68: Chocolate Flavors Market in India: Summarization of Historic Demand Patterns in US$ Thousand by End-Use for 2012-2019
TABLE 69: Indian Chocolate Flavors Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
SOUTH KOREA
TABLE 70: Chocolate Flavors Market in South Korea: Recent Past, Current and Future Analysis in US$ Thousand by End-Use for the Period 2020-2027
TABLE 71: South Korean Chocolate Flavors Historic Market Analysis in US$ Thousand by End-Use: 2012-2019
TABLE 72: Chocolate Flavors Market Share Distribution in South Korea by End-Use: 2012 VS 2020 VS 2027
REST OF ASIA-PACIFIC
TABLE 73: Rest of Asia-Pacific Demand Estimates and Forecasts for Chocolate Flavors in US$ Thousand by End-Use: 2020 to 2027
TABLE 74: Rest of Asia-Pacific Chocolate Flavors Market in US$ Thousand by End-Use: 2012-2019
TABLE 75: Chocolate Flavors Market Share Shift in Rest of Asia-Pacific by End-Use: 2012 VS 2020 VS 2027
LATIN AMERICA
TABLE 76: Latin American Chocolate Flavors Market Trends by Region/Country in US$ Thousand: 2020-2027
TABLE 77: Chocolate Flavors Market in Latin America in US$ Thousand by Region/Country: A Historic Perspective for the Period 2012-2019
TABLE 78: Latin American Chocolate Flavors Market Percentage Breakdown of Sales by Region/Country: 2012, 2020, and 2027
TABLE 79: Latin American Demand for Chocolate Flavors in US$ Thousand by End-Use: 2020 to 2027
TABLE 80: Chocolate Flavors Market Review in Latin America in US$ Thousand by End-Use: 2012-2019
TABLE 81: Latin American Chocolate Flavors Market Share Breakdown by End-Use: 2012 VS 2020 VS 2027
ARGENTINA
TABLE 82: Argentinean Chocolate Flavors Addressable Market Opportunity in US$ Thousand by End-Use: 2020-2027
TABLE 83: Chocolate Flavors Market in Argentina: Summarization of Historic Demand in US$ Thousand by End-Use for the Period 2012-2019
TABLE 84: Argentinean Chocolate Flavors Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
BRAZIL
TABLE 85: Chocolate Flavors Quantitative Demand Analysis in Brazil in US$ Thousand by End-Use: 2020-2027
TABLE 86: Brazilian Chocolate Flavors Historic Market Review in US$ Thousand by End-Use: 2012-2019
TABLE 87: Brazilian Chocolate Flavors Market Share Analysis: A 17-Year Perspective by End-Use for 2012, 2020, and 2027
MEXICO
TABLE 88: Chocolate Flavors Market in Mexico: Annual Sales Estimates and Forecasts in US$ Thousand by End-Use for the Period 2020-2027
TABLE 89: Mexican Chocolate Flavors Market in Retrospect in US$ Thousand by End-Use: 2012-2019
TABLE 90: Chocolate Flavors Market Share Distribution in Mexico by End-Use: 2012 VS 2020 VS 2027
REST OF LATIN AMERICA
TABLE 91: Rest of Latin America Chocolate Flavors Latent Demand Forecasts in US$ Thousand by End-Use: 2020 to 2027
TABLE 92: Chocolate Flavors Historic Demand Patterns in Rest of Latin America by End-Use in US$ Thousand for 2012-2019
TABLE 93: Chocolate Flavors Market Share Breakdown in Rest of Latin America by End-Use: 2012 VS 2020 VS 2027
MIDDLE EAST
TABLE 94: The Middle East Chocolate Flavors Market Estimates and Forecasts in US$ Thousand by Region/Country: 2020-2027
TABLE 95: Chocolate Flavors Market in the Middle East by Region/Country in US$ Thousand: 2012-2019
TABLE 96: The Middle East Chocolate Flavors Market Share Breakdown by Region/Country: 2012, 2020, and 2027
TABLE 97: The Middle East Chocolate Flavors Market Quantitative Demand Analysis in US$ Thousand by End-Use: 2020 to 2027
TABLE 98: Chocolate Flavors Market in the Middle East: Summarization of Historic Demand Patterns in US$ Thousand by End-Use for 2012-2019
TABLE 99: The Middle East Chocolate Flavors Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
IRAN
TABLE 100: Iranian Demand Estimates and Forecasts for Chocolate Flavors in US$ Thousand by End-Use: 2020 to 2027
TABLE 101: Iranian Chocolate Flavors Market in US$ Thousand by End-Use: 2012-2019
TABLE 102: Chocolate Flavors Market Share Shift in Iran by End-Use: 2012 VS 2020 VS 2027
ISRAEL
TABLE 103: Israeli Chocolate Flavors Addressable Market Opportunity in US$ Thousand by End-Use: 2020-2027
TABLE 104: Chocolate Flavors Market in Israel: Summarization of Historic Demand in US$ Thousand by End-Use for the Period 2012-2019
TABLE 105: Israeli Chocolate Flavors Market Share Analysis by End-Use: 2012 VS 2020 VS 2027
SAUDI ARABIA
TABLE 106: Saudi Arabian Demand for Chocolate Flavors in US$ Thousand by End-Use: 2020 to 2027
TABLE 107: Chocolate Flavors Market Review in Saudi Arabia in US$ Thousand by End-Use: 2012-2019
TABLE 108: Saudi Arabian Chocolate Flavors Market Share Breakdown by End-Use: 2012 VS 2020 VS 2027
UNITED ARAB EMIRATES
TABLE 109: Chocolate Flavors Market in the United Arab Emirates: Recent Past, Current and Future Analysis in US$ Thousand by End-Use for the Period 2020-2027
TABLE 110: United Arab Emirates Chocolate Flavors Historic Market Analysis in US$ Thousand by End-Use: 2012-2019
TABLE 111: Chocolate Flavors Market Share Distribution in United Arab Emirates by End-Use: 2012 VS 2020 VS 2027
REST OF MIDDLE EAST
TABLE 112: Chocolate Flavors Market in Rest of Middle East: Annual Sales Estimates and Forecasts in US$ Thousand by End-Use for the Period 2020-2027
TABLE 113: Rest of Middle East Chocolate Flavors Market in Retrospect in US$ Thousand by End-Use: 2012-2019
TABLE 114: Chocolate Flavors Market Share Distribution in Rest of Middle East by End-Use: 2012 VS 2020 VS 2027
AFRICA
Africa Accounts for over 70% of World Cocoa Production
Ivory Coast: Dominant Cocoa Producer
Market Analytics
TABLE 115: African Chocolate Flavors Latent Demand Forecasts in US$ Thousand by End-Use: 2020 to 2027
TABLE 116: Chocolate Flavors Historic Demand Patterns in Africa by End-Use in US$ Thousand for 2012-2019
TABLE 117: Chocolate Flavors Market Share Breakdown in Africa by End-Use: 2012 VS 2020 VS 2027

IV. COMPETITION
Total Companies Profiled: 47
Note: Product cover images may vary from those shown
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  • ARCHER DANIELS MIDLAND COMPANY
  • BARRY CALLEBAUT SCHWEIZ AG
  • BLOMMER CHOCOLATE COMPANY
  • CEMOI GROUP
  • CARGILL
  • FRUTAROM INDUSTRIES
  • GIVAUDAN SA
  • INTERNATIONAL FLAVORS & FRAGRANCES
  • OLAM INTERNATIONAL LTD.
  • PURATOS GROUP NV
  • AUGUST STO
Note: Product cover images may vary from those shown
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