This report studies the global Industrial Chocolate market status and forecast, categorizes the global Industrial Chocolate market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa).
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Industrial chocolate is a typically sweet, usually brown, food preparation of the obroma cacao seeds, roasted and ground, often flavored, as with vanilla. It is made in the form of a liquid, or in a block, or used as a flavoring ingredient in other foods.
Industrial chocolate industry has low technology barrier and is labor intensive industry. Currently, there are many producing companies in the industrial chocolate industry. The main players are Barry Callebaut, Cargill, Nestle SA, Mars and Hershey. The market can be broadly categorized as open market and captive market. Barry Callebaut is the market leader in open market while for captive market the market is dominated by Nestle SA, Mars and Hershey.
In consumption market, the global consumption value of industrial chocolate increases with the 6.09% average growth rate from 2011-2016. North America is the mainly consumption region due to the bigger demand of downstream applications. In 2016, North America occupied 35.12% of the North America consumption volume in total in 2016.
Dark chocolate is the major type of industrial chocolate, and there are also types like milk chocolate. With fine taste of industrial chocolate, the downstream application industries will need more industrial chocolate products. So, industrial chocolate has a huge market potential in the future. Manufacturers engaged in the industry are trying to produce more kinds of taste industrial chocolate through improving technology and adding additional agent.
The major raw materials for industrial chocolate are cocoa beans, sugar and milk. Fluctuations in the price of the upstream product will impact on the production cost of industrial chocolate. The production cost of industrial chocolate is also an important factor which could impact the price of industrial chocolate. The industrial chocolate manufacturers are trying to reduce production cost by developing production method.
We tend to believe this industry is a rising industry, and the consumption increasing degree will show a smooth growth curve. And the price presents decreasing trend according to the economy development status and international competition. Also, there will be fluctuation in gross margin.
The global Industrial Chocolate market is valued at 50000 million US$ in 2017 and will reach 71600 million US$ by the end of 2025, growing at a CAGR of 4.6% during 2018-2025.
The major manufacturers covered in this report
Barry Callebaut
Cargill
Nestle SA
Mars
Hershey
Blommer Chocolate Company
FUJI OIL
Puratos
C?moi
Irca
Foley’s Candies LP
Olam
Kerry Group
Guittard
Ferrero
Ghirardelli
Alpezzi Chocolate
Valrhona
Republica Del Cacao
TCHO
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Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
North America
Europe
China
Japan
India
Southeast Asia
Other regions (Central & South America, Middle East & Africa)
We can also provide the customized separate regional or country-level reports, for the following regions:
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Rest of Asia-Pacific
Europe
Germany
France
UK
Italy
Spain
Russia
Rest of Europe
Central & South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Saudi Arabia
Turkey
Rest of Middle East & Africa
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Dark Chocolate
Others
By Application, the market can be split into
Chocolate Bars
Flavoring Ingredient
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