Chocolate Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019

A chocolate can be in form of paste or a solid block, and is made from roasted and ground cocoa seeds, lecithin, a product from soybean oil, and sweetened with flavors. The market for chocolates has shown substantial growth over the last decade, and is expected to grow faster in this decade.

The market is segmented into various products such as, 

• Dark chocolate 
• Milk chocolate 
• White chocolate 

Additionally, the market is segmented on the basis of sales frequency such as 

• Daily chocolate
• Premium chocolate 
• Seasonal chocolate

Increasing demand for cocoa chocolate, dark chocolate, health benefits offered by lecithin and cocoa, and demand for new flavors are the major drivers for this market. Increased raw material prices, unstable supply of cocoa, and increased labor costs are the restraints for this market. Producing the best quality chocolate at affordable prices to boost sales is a challenge for chocolate manufacturers.

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Some of major players in this market are Ferrero Group (Italy), Mars Inc (U.S.A.), Hershey Foods Corp (USA), Ghirardelli Chocolate Co, August Storck KG (Germany), Mondelez International Inc (USA), Moonstruck Chocolatier Co., Nestle SA (Switzerland), Meiji Co Ltd (Japan), Kraft Foods (U.S.), Barry Callebaut (Switzerland), Russell Stover Candies Inc., Lotus Chocolate Ltd , and others.

This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include 

• North America 
• Asia Pacific 
• Europe
• Rest of the World  

This report provides comprehensive analysis of 

• Market growth drivers 
• Factors limiting market growth
• Current market trends 
• Market structure
• Market projections for upcoming years 

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis. 

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