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2021 Chocolate Market - Size, Share, COVID Impact Analysis and Forecast to 2027 - is comprehensive research with in-depth data and contemporary analysis of Chocolate Market at a global, regional and key country level, split by different sub-segments of the industry.
Chocolate Market is quickly reaching its pre-COVID levels and a healthy growth rate is expected over the forecast period driven by the V-shaped recovery in most of the developing nations.
Key strategies of companies operating in Chocolate Market Industry are identified as showcasing their contactless manufacturing and delivery methods, highlighting USP statements, focus on product packaging, and increased the presence of products on online platforms.
The food industry is set to experience a few changes in 2021 due to the increased consciousness of consumers in selecting food. This inclination towards sustainable, regenerative, plant-based food and demand for foods and beverages with immunity-boosting ingredients is driving the demand for these products and their constituents. Do It Yourself (DIY) trend has seen huge momentum during Corona times and is expected to continue in 2021.
Considering the rapidly changing market landscape, companies are changing their perspectives on expanding beyond traditional markets. In addition to focusing on widening applications, introducing new product portfolios, most food and beverage companies are planning to capture domestic and international markets.
Fast pace recovery of developing economies leading to increased disposable income will support the Chocolate Market demand between 2021 and 2027.
Lockdowns across the globe in 2020 and continuing restrictions in 2021 disrupted the supply chain posing challenges for manufactures in the Chocolate Market. Intense competition, pricing issues, and shifting consumer preferences will continue to put pressure on vendors' profit margins.
Report Description-
The report- 2021 Chocolate Market - Size, Share, COVID Impact Analysis and Forecast to 2027' presents growth projections in the Chocolate Market between 2021 and 2027 for companies operating across different types, applications, and end-user verticals.
Short-term and long-term trends affecting the market landscape are included in the research. Further, market drivers, restraints, and potential opportunities are also provided in the report.
The Chocolate report computes the 2020 market value in revenue terms based on the average Chocolate prices and sales/revenue models of key companies operating in the Chocolate Market Industry. The study forecasts the market size to 2027 for different types of Chocolate and provides respective market share and growth rates.
The study discusses technological innovations and the potential shift in demand among various products in the Chocolate Market, over the forecast period. The leading five companies in the Chocolate Market Industry together with their products, key strategies, and comparisons are provided.
The Chocolate Market size, share, and outlook across different types and applications are provided at geographic levels of North America, Asia Pacific, Europe, Middle East Africa, South and Central America. Further, country-level Chocolate Market value is also provided.
All recent developments in Chocolate Market Industry including mergers, acquisitions, contract awards, licenses, product launches, and expansion plans are included in the report.
- Base Year- 2020; Forecast period: 2021- 2027
- Publication frequency- Every six months
- Research Methodology- Data triangulation with top-down and Bottom-up approach are used for market size
Scope of the Report -
- Global Chocolate Market Industry size, 2020- 2027
- Market trends, drivers, restraints, and opportunities
- Porter's Five forces analysis
- Types of Chocolate, 2020-2027
- Chocolate applications and end-user verticals market size, 2020- 2027
- Chocolate Market size across countries, 2020- 2027
- 5 leading companies in the industry- overview, key strategies, financials, and products
- Latest market news and developments
Additional support -
All the data presented in tables and charts of the report is provided in a separate Excel document
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