Chocolate Market Size to Grow by USD 41.15 billion, Arcor Group and Barry Callebaut AG Among Key Vendors - Technavio

NEW YORK, Sept. 21, 2022 /PRNewswire/ -- The report "Chocolate Market by Product and Geography - Forecast and Analysis 2021-2025" has been added to Technavio's catalog. The growth momentum of the market will accelerate at a CAGR of 5.05% during the forecast period. This growth can be attributed to the increasing premiumization of chocolates. However, unstable cocoa prices and declining per capita consumption can hamper the growth of the market during the next few years.

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The chocolate market is fragmented. Vendors are deploying growth strategies such as focusing on manufacturing organic, premium chocolates across various geographic locations to compete in the market. Arcor Group, Barry Callebaut AG, Chocoladefabriken Lindt & Sprüngli AG, Chocolaterie Guylian NV, Ferrero International SA, Mars Inc., Meiji Holdings Co. Ltd., Mondelez International Inc., Nestlé Group, The Hershey Co., among others, are the main players in the market. The key offerings of some of these vendors are listed below:

• Arcor Group - The company provides different varieties and flavors of chocolate products under various brands, such as Arcor, Cofler, and Tofi.
• Barry Callebaut AG - The company provides different varieties and flavors of chocolate products, such as ruby chocolate, dark chocolate, milk chocolate, and caramel doré chocolate.
• Chocoladefabriken Lindt & Sprüngli AG - The company provides different varieties and flavors of chocolate products under various brands such as Lindt, Ghirardelli, Caffarel, and others.
• Chocolaterie Guylian NV - The company offers gift boxes, chocolate-covered fruits, and chocolate bars.
• Ferrero International SA - The company offers chocolates such as Ferrero Rocher and Raffaello.

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Technavio categorizes the global chocolate market as a part of the global packaged foods and meats market under the global food products segment of the global food, beverage, and tobacco market. The global packaged foods and meats products market covers manufacturers or food processing vendors that are involved in food processing to eliminate microorganisms and extend shelf life. Growth of the global packaged foods and meats market will be driven by factors such as health benefits associated with intake of minimally processed food, increasing demand for processed vegetables, strong distribution network, private label marketplace, and increased offerings of packaged food under the halal category. However, the market also faces challenges such as threats from unorganized players and intense competition among vendors, lack of awareness of the difference between minimally and heavily processed vegetables, stringent food safety regulations, and increasing food allergies among consumers.

• Milk chocolate - size and forecast 2020-2025
• Dark chocolate - size and forecast 2020-2025
• White chocolate - size and forecast 2020-2025

• Europe - size and forecast 2020-2025
• North America - size and forecast 2020-2025
• APAC - size and forecast 2020-2025
• South America - size and forecast 2020-2025
• MEA - size and forecast 2020-2025

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1 Executive Summary

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 01: Parent market
• Exhibit 02: Market characteristics

• 2.2 Value chain analysis 
• Exhibit 03:Value Chain Analysis: Packaged foods and meats

3 Market Sizing

• 3.1 Market definition 
• Exhibit 04: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 05: Market segments

• 3.3 Market size 2020

• 3.4 Market outlook: Forecast for 2020 - 2025
• Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ billion)
• Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)

4 Five Forces Analysis

• 4.1 Five forces summary 
• Exhibit 08: Five forces analysis 2020 & 2025

• 4.2 Bargaining power of buyers 
• Exhibit 09: Bargaining power of buyers

• 4.3 Bargaining power of suppliers 
• Exhibit 10: Bargaining power of suppliers

• 4.4 Threat of new entrants 
• Exhibit 11: Threat of new entrants

• 4.5 Threat of substitutes 
• Exhibit 12: Threat of substitutes

• 4.6 Threat of rivalry 
• Exhibit 13: Threat of rivalry

• 4.7 Market condition 
• Exhibit 14: Market condition - Five forces 2020

5 Market Segmentation by Product

• 5.1 Market segments 
• Exhibit 15: Product - Market share 2020-2025 (%)

• 5.2 Comparison by Product 
• Exhibit 16: Comparison by Product

• 5.3 Milk chocolate - Market size and forecast 2020-2025
• Exhibit 17: Milk chocolate - Market size and forecast 2020-2025 ($ billion)
• Exhibit 18: Milk chocolate - Year-over-year growth 2020-2025 (%)

• 5.4 Dark chocolate - Market size and forecast 2020-2025
• Exhibit 19: Dark chocolate - Market size and forecast 2020-2025 ($ billion)
• Exhibit 20: Dark chocolate - Year-over-year growth 2020-2025 (%)

• 5.5 White chocolate - Market size and forecast 2020-2025
• Exhibit 21: White chocolate - Market size and forecast 2020-2025 ($ billion)
• Exhibit 22: White chocolate - Year-over-year growth 2020-2025 (%)

• 5.6 Market opportunity by Product 
• Exhibit 23: Market opportunity by Product

6 Customer landscape

• 6.1 Overview 
• Exhibit 24: Customer landscape

7 Geographic Landscape

• 7.1 Geographic segmentation 
• Exhibit 25: Market share by geography 2020-2025 (%)

• 7.2 Geographic comparison 
• Exhibit 26: Geographic comparison

• 7.3 Europe - Market size and forecast 2020-2025
• Exhibit 27: Europe - Market size and forecast 2020-2025 ($ billion)
• Exhibit 28: Europe - Year-over-year growth 2020-2025 (%)

• 7.4 North America - Market size and forecast 2020-2025
• Exhibit 29: North America - Market size and forecast 2020-2025 ($ billion)
• Exhibit 30: North America - Year-over-year growth 2020-2025 (%)

• 7.5 APAC - Market size and forecast 2020-2025
• Exhibit 31: APAC - Market size and forecast 2020-2025 ($ billion)
• Exhibit 32: APAC - Year-over-year growth 2020-2025 (%)

• 7.6 South America - Market size and forecast 2020-2025
• Exhibit 33: South America - Market size and forecast 2020-2025 ($ billion)
• Exhibit 34: South America - Year-over-year growth 2020-2025 (%)

• 7.7 MEA - Market size and forecast 2020-2025
• Exhibit 35: MEA - Market size and forecast 2020-2025 ($ billion)
• Exhibit 36: MEA - Year-over-year growth 2020-2025 (%)

• 7.8 Key leading countries 
• Exhibit 37: Key leading countries

• 7.9 Market opportunity by geography 
• Exhibit 38: Market opportunity by geography ($ billion)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges 
• Exhibit 39: Impact of drivers and challenges

• 8.3 Market trends

9 Vendor Landscape

• 9.1 Overview 
• Exhibit 40: Vendor landscape

• 9.2 Landscape disruption 
• Exhibit 41: Landscape disruption
• Exhibit 42: Industry risks

• 9.3 Competitive scenario

10 Vendor Analysis

• 10.1 Vendors covered 
• Exhibit 43: Vendors covered

• 10.2 Market positioning of vendors 
• Exhibit 44: Market positioning of vendors

• 10.3 Arcor Group

• 10.4 Delfi Ltd. 
• Exhibit 49: Delfi Ltd. - Overview
• Exhibit 50: Delfi Ltd. - Product and service
• Exhibit 51: Delfi Ltd. - Key offerings

• 10.5 Ferrero International SA 
• Exhibit 52: Ferrero International SA - Overview
• Exhibit 53: Ferrero International SA - Product and service
• Exhibit 54: Ferrero International SA - Key offerings

• 10.6 Lindt and Sprüngli Group 
• Exhibit 55: Lindt and Sprüngli Group - Overview
• Exhibit 56: Lindt and Sprüngli Group - Business segments
• Exhibit 57: Lindt and Sprüngli Group - Key offerings
• Exhibit 58: Lindt and Sprüngli Group - Segment focus

• 10.7 Mars Inc. 
• Exhibit 59: Mars Inc. - Overview
• Exhibit 60: Mars Inc. - Product and service
• Exhibit 61: Mars Inc. - Key offerings

• 10.8 Mondelez International Inc. 
• Exhibit 62: Mondelez International Inc. - Overview
• Exhibit 63: Mondelez International Inc. - Business segments
• Exhibit 64: Mondelez International Inc. - Key offerings
• Exhibit 65: Mondelez International Inc. - Segment focus

• 10.9 Nestle SA 
• Exhibit 66: Nestle SA - Overview
• Exhibit 67: Nestle SA - Business segments
• Exhibit 68: Nestle SA – Key news
• Exhibit 69: Nestle SA - Key offerings
• Exhibit 70: Nestle SA - Segment focus

• 10.10 The Australian Carob Co. 
• Exhibit 71: The Australian Carob Co. - Overview
• Exhibit 72: The Australian Carob Co. - Product and service
• Exhibit 73: The Australian Carob Co. - Key offerings

• 10.11 The Hershey Co. 
• Exhibit 74: The Hershey Co. - Overview
• Exhibit 75: The Hershey Co. - Business segments
• Exhibit 76: The Hershey Co. - Key customers
• Exhibit 77: The Hershey Co. - Segment focus

• 10.12 Yildiz Holding A.S. 
• Exhibit 78: Yildiz Holding A.S. - Overview
• Exhibit 79: Yildiz Holding A.S. - Product and service
• Exhibit 80: Yildiz Holding A.S. - Key offerings

11 Appendix

• 11.1 Scope of the report

• 11.2 Currency conversion rates for US$ 
• Exhibit 81: Currency conversion rates for US$

• 11.3 Research methodology 
• Exhibit 82: Research Methodology
• Exhibit 83: Validation techniques employed for market sizing
• Exhibit 84: Information sources

• 11.4 List of abbreviations 
• Exhibit 85: List of abbreviations

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