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Industrial Chocolate - Global Strategic Business Report

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    Report

  • 411 Pages
  • July 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 4805835
The global market for Industrial Chocolate is estimated at US$60.1 Billion in 2023 and is projected to reach US$81.8 Billion by 2030, growing at a CAGR of 3.9% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Cocoa Butter segment, which is expected to reach US$38.9 Billion by 2030 with a CAGR of 4.6%. The Cocoa Powder segment is also set to grow at 3.7% CAGR over the next 8 years.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $13.8 Billion in 2023, and China, forecasted to grow at an impressive 6% CAGR to reach $7.8 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Industrial Chocolate Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Industrial Chocolate Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Industrial Chocolate Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as Barry Callebaut AG, Cargill, Inc., CEMOI Group, and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 77 Featured):

  • Barry Callebaut AG
  • Cargill, Inc.
  • CEMOI Group
  • Clasen Quality Chocolate, Inc.
  • Foley’s Candies LP
  • Fuji Oil Co. Ltd.
  • Guittard Chocolate Company
  • Lotus Chocolate Co. Ltd.

MarketGlass Platform

Our reports are enhanced by the MarketGlass platform, which brings together industry experts and influencers to provide high-quality, accurate insights. This unique platform allows us to gather comprehensive data and market perspectives, ensuring you receive the most reliable and detailed analysis available.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Industrial Chocolate: A Prelude
  • Chocolate Products
  • Types of Chocolates
  • Global Economic Update
  • Here’s How Inflationary Pressures Affect the Economy
  • Russia-Ukraine War, the Primary Culprit Responsible for the Hardships
  • Here’s What’s Causing Inflationary Pressures in the Global Market
  • Global Average Annual Brent Crude Oil Price (In US$ Per Barrel) for Years 2017 through 2024
  • Global Inflation Rates (In %) for the Years 2019 through 2024
  • World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020 Through 2024
  • COVID-19 Impact on Industrial Chocolate Market
  • Competitive Scenario
  • Industrial Chocolate - Global Key Competitors Percentage Market Share in 2023 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
  • Global Industrial Chocolate Market Set to Witness Rapid Growth
  • Global Industrial Chocolate Market Relishes Scoopful of Gains with Medley of Drivers & Trends
  • Cocoa Butter Wins Consumer Favor for Flavor
  • Confectionery Grabs the Largest Pie, Chocolate Dives Deep into Dairy Products
  • Developed Markets: Traditional Revenue Contributors
  • Developed Regions Market Trends
  • Asia-Pacific Brims with NoTable Growth Potential
  • China
  • Growth Restrains
  • Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Rising Awareness about Health Benefits of Cocoa Drives Market Demand
  • Prominent Trends Stirring the Industrial Chocolate Market Right Now
  • Crafted to Taste: Increasing Allure of Artisan Chocolates Drives Demand for Industrial Chocolates
  • Bean-to-Craft Bar
  • Creativity & Product Launch Catalyze Expansion
  • Technological Advances Create Perfect Moments for Next-Level Chocolate Production
  • Technology Trends Redefining Commercial Chocolate Production
  • Ruby Chocolate: The Bright Star Unlocking Dazzling Avenues for Industrial Chocolate
  • Demand for Savory Flavored Chocolates Gains Momentum Driving Market Expansion
  • Constantly Rising Awareness Regarding Maintaining a Healthy Lifestyle is Propelling Use of Natural Sweeteners
  • Use of Organic Ingredients for Manufacturing Chocolates Witnesses a Surge
  • Demand for Gluten-Free and Plant-Based Chocolates Witnesses a Surge
  • The Market for Industrial Chocolate to Benefit from Dark Chocolate's Increased Consumption
  • Immersing Consumers in Multisensory Experiences
  • Link with Mental Health
  • Gourmet Chocolates: A Niche and Attractive Market
  • Start-ups Stir Up the Industrial Chocolate Play
  • Increasing Demand for Premium Chocolates in the Travel-Retail Segment Bodes Well for Market Growth
  • The Rise in Health-improving Food Product Demand to Propel Superior-quality Industrial Chocolate Sales
  • Growing Food & Beverage Sector Drives the Demand for Industrial Chocolates
  • Confectionery: A Vibrant End-Use Vertical for Industrial Chocolate Market
  • Volatile Cocoa Prices Impact the Confectionery Industry
  • Global Cocoa Prices (Sept-2019 to Sept-2023) (in US$/Tonne)
  • Cocoa Supply Chain Undergoes Change
  • World Cocoa Production (2023): Percentage Breakdown of Production by Region
  • Sustainable Practices in Cocoa Production
  • Dairy Products: A Market Laden with Opportunities for Industrial Chocolate
  • Global Production of Milk, Butter and Cheese (in kt pw) by Developed and Developing Countries for Average 2018-20, 2021 and 2030
  • Sustained Demand for Frozen Desserts & Ice Cream Augurs Well for Industrial Chocolate Market
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Industrial Chocolate Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
  • Table 2: World Recent Past, Current & Future Analysis for Industrial Chocolate by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 3: World Historic Review for Industrial Chocolate by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 4: World 16-Year Perspective for Industrial Chocolate by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
  • Table 5: World Recent Past, Current & Future Analysis for Cocoa Butter by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 6: World Historic Review for Cocoa Butter by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 7: World 16-Year Perspective for Cocoa Butter by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 8: World Recent Past, Current & Future Analysis for Cocoa Powder by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 9: World Historic Review for Cocoa Powder by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 10: World 16-Year Perspective for Cocoa Powder by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 11: World Recent Past, Current & Future Analysis for Other Product Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 12: World Historic Review for Other Product Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 13: World 16-Year Perspective for Other Product Types by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 14: World Recent Past, Current & Future Analysis for Confectionery by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 15: World Historic Review for Confectionery by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 16: World 16-Year Perspective for Confectionery by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 17: World Recent Past, Current & Future Analysis for Biscuits & Bakery Products by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 18: World Historic Review for Biscuits & Bakery Products by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 19: World 16-Year Perspective for Biscuits & Bakery Products by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 20: World Recent Past, Current & Future Analysis for Dairy & Desserts by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 21: World Historic Review for Dairy & Desserts by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 22: World 16-Year Perspective for Dairy & Desserts by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 23: World Recent Past, Current & Future Analysis for Ice Creams & Frozen Items by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 24: World Historic Review for Ice Creams & Frozen Items by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 25: World 16-Year Perspective for Ice Creams & Frozen Items by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 26: World Recent Past, Current & Future Analysis for Cereals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 27: World Historic Review for Cereals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 28: World 16-Year Perspective for Cereals by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 29: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 30: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 31: World 16-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Industrial Chocolate Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
CANADA
JAPAN
  • Industrial Chocolate Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
  • Japanese Chocolate Industry
  • Japanese Chocolate Products Per Capita Consumption (in Kg) for 2011, 2015 and 2019E
CHINA
  • Industrial Chocolate Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
  • Chinese Chocolate Industry
  • Chinese Chocolate Confectionery Average Revenue Per Capita (in US$) for Years 2011, 2015, 2019E and 2023F
  • Chinese Chocolate Confectionery Average Price Per Unit (in US$) for Years 2011, 2015, 2019E and 2023F
EUROPE
  • Industrial Chocolate Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
FRANCE
  • Industrial Chocolate Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
GERMANY
  • Industrial Chocolate Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
ITALY
UNITED KINGDOM
  • Industrial Chocolate Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Industrial Chocolate Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
AUSTRALIA
  • Industrial Chocolate Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)
INDIA
  • Industrial Chocolate Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Industrial Chocolate Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Industrial Chocolate Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Industrial Chocolate Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Barry Callebaut AG
  • Cargill, Inc.
  • CEMOI Group
  • Clasen Quality Chocolate, Inc.
  • Foley’s Candies LP
  • Fuji Oil Co. Ltd.
  • Guittard Chocolate Company
  • Lotus Chocolate Co. Ltd.

Table Information