Vegan Chocolate Market Giants Spending is going to Boom | Lulu’s Chocolate (United States), Barry Callebaut, Chocolove

The ” Vegan Chocolate – Market Development Outlook ” Study has been added to AMA Research repository. The study envisage detailed qualitative as well as quantitative market data insights and follows Industry benchmark classification and NAICS standards to built strong players coverage in the study. Some of the major and emerging players identified are Alter Eco (United States), Chocoladefabriken Lindt & Sprüngli AG (Switzerland), Mondelez International (Cadbury) (United Kingdom), Lulu’s Chocolate (United States), Barry Callebaut (Switzerland), Chocolove (United States), Chocolate Inspirations (United States), Theo Chocolate (United States), Purdys Chocolatier (Canada), Ecofina GMBH (iChoc) (Germany).

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Scope of the Report of Vegan Chocolate
Vegan chocolate consists of ingredients like cacao, cocoa butter, sugar, vanilla, and other things in which no animal obtained products are used. The cacao content of 50% or more than that is used in vegan chocolate and indicates higher chocolate content. It can be made by adding nuts and dry fruits to enhance its flavors and texture. The chocolates are available in a form of plates or bars in supermarkets, online stores, convenience stores, etc. and it is used in bakery products, confectionery event in cosmetics products.

The titled segments and sub-section of the market are illuminated below:
by Type (Plate, Bar), Application (Direct Consumption, Cake, Icecreams, Cosmetic Products, Others), Nature (Organic, Conventional), Distribution Channel (Supermarket, Convenience Store, Online Store, Others), Ingredients (Cocoa, Cocoa Butter, Sugar, Others)

Market Trends:
Increasing Consumption of Vegan Chocolate Among Vegan Population
Use of Vegan Chocolate in the Bakery Products

Opportunities:
Surging Demand for the Vegan Chocolates Among Developing Nations who are Becoming More Health Conscious

Market Drivers:
Growing Demand for the Health Food Products and Chocolate
Increasing Application of the Chocolates in the Various Confectionery and other Products

Market Leaders and their expansionary development strategies
On 24th February 2020, Cadbury is planning to release a new version of its iconic Cadbury Dairy Milk chocolate bar that will be vegan. The company has not confirmed a launch date for the plant-based chocolate, but it has been testing the concept for a while. Cadbury, which is owned by Mondelez International, wants to meet the rising demand for dairy-free candy and snacks.

On 13th August 2020, Leading Swiss chocolatier Lindt & Sprüngli, commonly referred to as just Lindt, is launching its first-ever range of vegan chocolate bars. The plant milk-based chocolates will debut in Germany in November this year and the range will be available in a cookie, hazelnut, and salted caramel flavors respectively. and On 27th May 2020, The Barry Callebaut Group, a manufacturer of chocolate and cocoa products, has signed an agreement to acquire GKC Foods (Australia), a producer of chocolate, coatings, and fillings, serving many consumer chocolate brands in Australia and New Zealand. This strategic acquisition establishes Barry Callebaut’s direct presence and manufacturing capacity in the growing Australian market.

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

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Strategic Points Covered in Table of Content of Global Vegan Chocolate Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Vegan Chocolate market

Chapter 2: Exclusive Summary – the basic information of the Vegan Chocolate Market.

Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Vegan Chocolate

Chapter 4: Presenting the Vegan 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/Country 2015-2020

Chapter 6: Evaluating the leading manufacturers of the Vegan 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/Company with revenue share and sales by key countries in these various regions (2023-2028)

Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

finally, Vegan Chocolate Market is a valuable source of guidance for individuals and companies.

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