Published on : Aug 06, 2018
Albany, New York, August 6, 2018: A study on dark chocolate has been added to the vast archive of Market Research Hub (MRH), which reveals that the demand for dark chocolate has increased significantly in North America and Western Europe in the past few years. The study titled “Global Market Study on Dark Chocolate: Organic Variants to Witness High Adoption During 2017 – 2026” provides a complete perspective on market development in terms of revenue estimations (in US$ Bn) across various geographies, comprising North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA) and South America. Each of these market regions are analyzed based on market size (US$ Mn) and volume. According to the research findings, the preference for dark chocolate over milk chocolates on accounts its health benefits continues to remain intact.
It is a result of vigorous research done by a team of expert analysts who have encapsulated the vital details about the market covering the study of market drivers and restraints for every sector of the global market for dark chocolate. Moving further, a detailed discussion of the segmentation of the dark chocolate market provides readers with a clear view of the various components of the market.
Key Highlights from the Study
Dark chocolate is considered a healthier alternative to conventional milk chocolate. Therefore, dark chocolate is rich in fiber, antioxidants, magnesium, and iron. It has been clearly stated that dark chocolate segment is expected to register high CAGR in terms of revenue owing to increasing awareness about cocoa-rich dark chocolate health benefits among population globally. As per the research findings, the market for dark chocolate is likely to reach a value of US$ 84,008.8Mn by 2026-end, exhibiting at 8.5% CAGR during the forecast period 2017-2026.
A major trend observed in the study that innovations in the packaging of dark chocolates and its usage as a gift is also contributing towards the growth of the global market. The focus has invariably shifted to the incorporation of advanced packaging that conveys the brand message.
For a clear understanding, the study broadly scrutinizes the market on the basis of product type, sales channel, and applications. By product type, the study covers organic and conventional. It has been analyzed that the organic and clean label trend has swept industries across the broader food and beverage landscape. The influence of the organic and clean label trend is profound among dark chocolate manufacturers as well, with demand for premium and organic ingredients witnessing a spike. In the recent past, the demand for dried fruits, as well as blueberries and cranberries have perceived steady growth in the manufacture of dark chocolate. On the basis of geography, the study finds that The Europe dark chocolate market is likely to increase at a healthy CAGR during the assessment period, and outdo US$ 32 Bn in revenue by 2026-end.
As the report concludes, the reader can seek insight into the key manufacturers’ analysis which includes company profile, product specification, and product application. At present, key players in the market are Mars, Inc, Chocolate Frey, Ezaki Glico (TCHO), Blommer Chocolate Company, Mondel?z International, Meiji Co Ltd., Nestlé SA, Brookside Foods and Amul.
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