Market Analysis and Insights of Global Compound Chocolate Market
Data Bridge Market Research analyses that the compound chocolate market was valued at USD 36.10 billion in 2021 and is expected to reach the value of USD 61.56 billion by 2029, at a CAGR of 6.90% during the forecast period of 2022-2029.
The global Compound Chocolate Market report is a window to the Compound Chocolate Market industry which defines properly what market definition, classifications, applications, engagements and market trends are. This report conducts study of market drivers, market restraints, opportunities and challenges underneath market overview which provides valuable insights to businesses for taking right moves. This market report is a source of information about Industrial Sugar industry which puts forth current and upcoming technical and financial details of the industry to 2025. Moreover, market restraints, brand positioning, and customer behaviour, is also studied with which achieving a success in the competitive marketplace is simplified.
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Compound chocolate is a product made from cocoa, vegetable fat, and sweeteners. Compound chocolate uses less expensive hard vegetable fats and palm kernel oils and is a less expensive alternative to real chocolate, which contains expensive cocoa butter. Compound chocolate is used in candy coatings. In compound coatings, replace chocolate liquor and cocoa butter with cocoa powder and vegetable oil.
Recent Development
- Mondelez International will introduce Oreo frozen desserts in January 2022. Oreo bars, cones, sandwiches, and tubs will be part of the new line. The bars and cones contain Oreo pieces and are coated with crushed Oreo wafer pieces. The sandwiches are topped with two large Oreo wafers. Each product has a creme-flavored base with Oreo cookie pieces.
- Lacta has partnered with Froneri to launch ice cream with creamy filling and chocolate chips in December 2021. Diamante Negro, Milk Chocolate Bonbon, and Laka Oreo are the three flavours available in the new product line.
- Barry Callebaut will launch full portfolio of dairy-free chocolate compounds in November 2021, expanding the company’s plant-based options. These new options are entirely plant-based. The new line includes dairy-free EZ melt compound, Compound Chip/Chunk, Compound Soft Chunk, Compound Soft Shaped Chunks, and Bulk Liquid for various applications.
Market Scope and Global Compound Chocolate Market
Some of the major players operating in the compound chocolate market are:
Cemoi Chocolatier (France)
Republica del Cacao (Ecuador)
Nestlé S.A. (Switzerland)
Mars Incorporated (U.S.)
Fuji Oil Holdings Inc. (Japan)
Guittard Chocolate Co. (U.S.)
Ghirardelli Chocolate Co. (U.S.)
Varihona Inc. (France)
Barry Callebaut AG (Switzerland)
Alpezzi Chocolate SA De CV (Mexico)
Kerry Group Plc (Ireland)
Olam International Ltd. (Singapore)
Tcho Ventures Inc. (U.S.)
The Hershey Company (U.S.)
Cargill, Incorporated (U.S.)
Blommer Chocolate Company (U.S.)
Foley’s Candies LP (Canada)
Puratos Group Nv (Belgium)
Ferrero International S.A. (Italy)
Global Compound Chocolate Market Scope
The compound chocolate market is segmented on the basis of type, form, and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Dark
- White
- Milk
Form
- Chocolate Chips/Drops/Chunks
- Chocolate Slabs/Bars
- Chocolate Coatings
- Other Forms
Application
- Bakery
- Confectionery
- Frozen Dessert and Ice Cream
- Beverages
- Cereals
- Other Applications
To check the complete Table of Content click here: @ https://www.databridgemarketresearch.com/toc/?dbmr=global-compound-chocolate-market
Radical Coverage of the Compound Chocolate Market:
- Insightful information regarding the Compound Chocolate Market
- Identification of growth in various segments and sub-segments of the Compound Chocolate Market Strategic recommendations for investment opportunities
- The report covers significant statistics related to the industry along with products, applications, price analysis, demand & supply, and production and consumptions rate
- Emerging trends and current market segment analysis to help investors formulate new business strategies
- Accelerates the decision-making process through the availability of the drivers and limitations
Key Questions Addressed in the Report:
Which segments are expected to show significant growth over the forecast period?
What is the forecast estimation of Compound Chocolate Market growth?
What are the factors that are likely to restrain the growth of the market?
What are the key driving factors of industry growth?
Which region is expected to dominate in the forecast period?
Which markets are significantly positive for developing businesses?
What is the expected growth rate of the industry throughout the forecast period?
Which market segments are expected to boost the growth of the industry?
Who are the dominating players of the Compound Chocolate Market?
What are the strategic business plans undertaken by the key players of the industry?
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