Compound Chocolate Market Estimated to Surpass US$50.5 Billion by 2032, Indicating Substantial Growth Opportunities

The global compound chocolate market is set to witness growth at a CAGR of 6.7% over the forecast period (2022 to 2032) and top a valuation of US$ 50.5 Billion by 2032.

The market for compound chocolate is expected to grow due to rising demand in the food and beverage industries for natural and organic products. Organic or natural chocolate component manufacturers are rapidly entering the market.

Another factor boosting compound chocolate demand is the high polyphenol levels in cocoa or chocolate, which provide nutritional benefits. A high polyphenol content in dark chocolate has been related to a lower risk of heart disease in several epidemiological studies.

Unlock Growth Potential in Your Industry – Get Your Sample Report Now!
https://www.futuremarketinsights.com/reports/sample/rep-gb-14586

As a result, dark chocolate flavour compounds are becoming increasingly important. Along with this, key players hope to create chocolate compounds that are not just low in sugar but also lactose-free.

Another crucial tactic is the repositioning of chocolate flavouring compounds through the use of a clean label slogan. This will allow customers to indulge while still adhering to their health-related eating plan.

The chocolate flavouring compounds are also being marketed as premium products amid growing preference for premium products. On the back of these factors, the demand for compound chocolate is predicted to show an impressive rise in the near future.

Key Takeaways

  • Europe is expected to dominate the global compound chocolate market, accounting for market share of about 28% by 2022, followed by North America
  • France is expected to account for demand share of nearly 24% in Europe compound chocolate market
  • By product type, milk chocolate is expected to account for the lion’s share of the global market by the end of 2022
  • Online channel is expected to show an impressive growth as compared to all the other channels over the assessment period (2022-2032)

 “Increased consumption of milk chocolate for various applications in chocolate-based confectionery items, shakes, cakes, croissants, and hot chocolate will surge the demand for compound chocolate over the upcoming decade.”, says a Future Market Insights analyst.

Uncover the Key to Our Methodological Success
https://www.futuremarketinsights.com/request-report-methodology/rep-gb-14586

Competitive Landscape

Key market participants are following different marketing and promotional strategies such as new product launches, geographical expansion, merger and acquisitions, partnerships and collaboration to address the needs of the consumers and serve accordingly, thus, creating a larger customer base in the coming years.

Explore More Valuable Insights

Future Market Insights, in its new report, offers an impartial analysis of the global compound chocolate market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

Global Compound Chocolate By Category

By Product Type:

  • Dark Chocolate
  • Milk Chocolate
  • White Chocolate

By Form:

  • Choco Chips
  • Chocolate Coating
  • Chocolate Slab
  • Other Forms

By Application:

  • Bakery and Confectionery
  • Ice Cream and Frozen Desserts
  • Chocolate Beverages
  • Snacks
  • Sauces and Spreads
  • Other Applications

By Distribution Channel:

  • Direct
  • Indirect
    • Hypermarkets/Supermarkets
    • Convenience Stores
    • Specialty Stores
    • Independent Retailers
    • Online Retailers

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East & Africa

Frequently Asked Questions

  • At what value is the market of compound chocolate expected to reach?
  • How much is the global compound chocolate market expected to grow?
  • What strategies are adopted by the market players in the compound chocolate market?
  • What percent of share does the top 10 companies in the compound chocolate hold?
  • Which are the major countries driving demand for compound chocolate?

Author

Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.) has 7+ years of management consulting experience. She advises industry leaders and explores off-the-eye opportunities and challenges. She puts processes and operating models in place to support their business objectives.

She has exceptional analytical skills and often brings thought leadership to the table.

Nandini has vast functional expertise in key niches, including but not limited to food ingredients, nutrition & health solutions, animal nutrition, and marine nutrients. She is also well-versed in the pharmaceuticals, biotechnology, retail, and chemical sectors, where she advises market participants to develop methodologies and strategies that deliver results.

Her core expertise lies in corporate growth strategy, sales and marketing effectiveness, acquisitions and post-merger integration and cost reduction. Nandini has an MBA in Finance from MIT School of Business. She also holds a Bachelor’s Degree in Electrical Engineering from Nagpur University, India.

Nandini has authored several publications, and quoted in journals including Beverage Industry, Bloomberg, and Wine Industry Advisor.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Nandini Singh Sawlani   

 

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: 
sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedInTwitterBlogs | YouTube

About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may also like these