Chocolate Market by Product and Geography — Forecast and Analysis 2020–2024
Chocolate Market will register a CAGR of 5% during 2020–2024. The market’s growth momentum will Accelerate.
increasing premiumization of chocolates will be one of the major factors driving the growth of this market. Additionally, key Chocolate Market trends such as the new product launches will also influence market growth during the forecast period.
Chocolate Market Size
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During the forecast period, the Chocolate Market size will grow by $ 41.15 bn.
Chocolate Market : Vendors
The market is fragmented and owing to the growth opportunities, the level of competition among the companies in this market space will intensify further. are some of the major companies in the Chocolate Market. Though the forecast period offers opportunities for vendors to increase their market share, factors such as the will also challenge the growth of the companies.
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..list
are some of the companies covered in Technavio’s Chocolate Market report for 2020–2024.
Chocolate Market : Region-level Analysis
The report identifies region-level market dynamics, developments, and key markets. The regional level analysis also identifies the market share, growth momentum, and key leading countries in the Chocolate Market.
The Europe will account for the largest Chocolate Market share and during 2020–2024, the region will contribute to 37% of the market’s growth.
In addition to regions and the key companies involved, Technavio’s Chocolate Market report also analyzes the market by Milk chocolate | Dark chocolate | White chocolate | APAC | Europe | MEA | North America | South America.comma
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