[United States 2021]: The latest study released on the Global Hot Chocolate Market by AMA Research estimate market size, trend, and forecast to 2026. The Hot Chocolate market study covers important analysis data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-evaluate study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
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What is Hot Chocolate?
Hot chocolate, also known as melted chocolate or drinking chocolate, is made of milk, hot water, or even cream. It also contains various flavors including vanilla, cocoa butter, and others. Hot chocolate is also used as a treatment for stomach and liver diseases, and also used as a special drink. The major trend in this industry is vegan hot chocolates. With the increasing trends for the plant-based chocolate are the perfect way to enhance the Hot Chocolate segment from an indulgent-only beverage into the health & wellness arena. These are also rich in vitamins and minerals, and contains low fat and ideal for slow digestive systems, beverages. Another major trend is increasing consumer demand. For instance, hot chocolate almost overtook both coffee and tea across England. One of the leading retail chain known as Harrods revealed that they experienced double-digit revenue generation of hot chocolate products compared to the last year.
Major Players are:
Nestle (Switzerland),Starbucks (United States),Conagra Brands Inc. (United States),The Hershey Company (United States),Mondelēz International (United States),W.T.Lynch Foods (Canada),GODIVA Chocolatier (United States),Cadbury (United Kingdom),Land O’Lakes (United States),Chocomize (United States)
High adoption of high-quality cocoa
Development in packaging technique
Surging disposable income of the middle class in emerging economies such as China, India, Brazil and Others
Growing demand for chocolate is at its peak during seasonal and festive occasions
Increase in availability of various flavor in hot chocolate
Fluctuating prices of raw materials, especially high-quality cocoa
Because of the increasing level of sugar in retail chocolate bars, end users are highly concerned regarding the sugar content in hot chocolate, because of this leading manufacturers are offering no-sugar hot chocolates
The titled segments and sub-section of the market are illuminated below:
Type (Original Taste, Flavor Taste), Application (Seasonal Beverages, Bakery Products, Ice Cream, Others), Distribution Channels (Supermarket/Hypermarket, Online Stores, Offline Retail Stores, Other Convenience Stores), Packaging (Canned, Paper Box, Plastic Jar, Others)
Advance Market Analytics released a new market study covering the current COVID-19 Impact on the Hot Chocolate Market with detailed insights on latest scenario, economic slowdown on overall industry. This report will help you to identify which types of companies could potentially benefit from the impact of COVID-19, as well as those business segments that are set to lose out.
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Strategic Points Covered in Table of Content of Hot Chocolate Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Hot Chocolate market
Chapter 2: Exclusive Summary – the basic information of the Hot Chocolate Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the Hot Chocolate
Chapter 4: Presenting the Hot Chocolate Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region
Chapter 6: Evaluating the leading manufacturers of the Hot Chocolate market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Key questions answered
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