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Global Compound Chocolate Market

  • Published Date: 25 Jun 2018
  • Number of Pages: 177
  • Category: Food and Beverages
  • Country: Global
Compound chocolate is a product made from a combination of cocoa, vegetable fat and sweetness. As it uses less-expensive hard vegetable fats such as coconut oil in place of the more expensive cocoa butter, it is used a lower-cost alternative to true chocolate. It is referred to as compound coating when used as a coating for candy.

MARKET DYNAMICS

The growth of global compound chocolate market can be attributed to the increasing demand of low priced cocoa based products. The major market drivers includes increased price of cocoa butter, limited supply of cocoa products in the market, cheaper price of compound chocolates and its increasing demand in industrial and bakery applications. There has been increased demand of compound chocolates in the industrial application because of the technical advantages of non-requirement of tempering and an easy manufacturing process. On the contrary the regulations such as on addition of vegetable fats in chocolate by various regulatory authorities has posed a threat on this sector.

MARKET SEGMENTATION

The compound chocolate market can be segmented on the basis of application, type of products and region. On the basis of application, these are used in industrial applications of bakery and confectionary products and in ice-creams. The compound chocolate sector has gained popularity among bakery applications due to the increased demand of coatings and coverings for bakery products. On the basis of product type, this market can be divided into compound chocolate chips, coverings, slabs and chocolate bars. The chocolate chips are used in ice-cream and cookie products. Chocolate slabs are mainly seen in industrial application where these are melted and further processed into final product.

DEMOGRAPHIC ANALYSIS

The market is segmented on the basis of demography into North America, Europe, Asia Pacific, Asia and South America. The major market share constituting the compound chocolate market are Asia Pacific, Europe and South America. The Global compound chocolate market is moving at a faster rate. Europe is the fastest emerging market and is the largest exporter of chocolate confectionary in the world.

KEY PLAYERS

The major key market players are Hersheys, Ferrero, and Domingo Ghirardelli, Lindt and Sprungli, Nestle, Lotte, Barry Callebaut and many more to count.

Report Contents:

> Market segments
> Market Drivers, Restraints and Opportunities
> Market Size & Forecast 2016 to 2022
> Supply & Demand Value Chain
> Market - Current Trends
> Competition & Major Companies
> Technology and R&D Status
> Porters Five Force Analysis
> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> North America

>> US and Canada


> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America


> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)
>> Nordic Countries (Denmark, Finland, Norway, and Sweden)
>> Benelux (Belgium, The Netherlands, and Luxembourg)
>> Rest of Western Europe


> Eastern Europe

>> Russia
>> Poland
>> Rest of Eastern Europe


> Asia Pacific

>> China
>> India
>> Japan
>> Australia and New Zealand
>> Rest of Asia Pacific


> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
>> South Africa
>> North Africa
>> Rest of Middle East and Africa



This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
> Consumer and Pricing Analysis
> Market dynamics of the industry
> Market Segmentation
> Estimated Market Sizing in terms of volume and value
> Recent trends in Market and impact
> Research Status and Technology Overview
> Extensive Industry Structure Coverage

Publisher Name : Market Litmus

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