Compound Chocolate Market

Compound Chocolate Market by Types (Dark, Milk, and White), Forms (Chocolate Chips/Drops/Chunks, Chocolate Slabs/Bars, Chocolate Coatings, and Others), Applications (Bakery, Confectionery, Frozen Dessert and Ice Cream, Beverages, Cereals, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028.

  • Report ID: FB-2984
  • Author: Growth Market Reports
  • Rating: 4.8
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  • No. Of Pages: 237
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The global compound chocolate market size is projected to register a significant CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the increasing usage of blended chocolate.

Compound Chocolate Market

Compound chocolate is an item produced using a mix of cocoa, vegetable fat, and sugar. It utilizes vegetable fats and palm portion oil that are cost-effective option in contrast to real chocolate, which contains costly cocoa spread. Compound chocolate is utilized as treats coatings. Compound coatings, substitute chocolate alcohol and cocoa spread with cocoa powder and vegetable oil.

Compound chocolates are found in a wide range of combinations, tastes, and variations to meet the different requirements of customers. The worldwide compound chocolate business is focusing on attracting customers by providing nutritious advantages as well as a pleasant flavor.

Markets, Drivers, Restraints and Opportunity

  • The presence of diversified product line with additional flavor and taste varieties is estimated to drive the market growth.
  • Growing customer preference for compound chocolate is anticipated to drive the market expansion.
  • Innovation in chocolate products that use combination of premium or healthy ingredients is expected to propel the growth of the market.
  • Rising incidence of obesity can hamper the market growth.
  • Increasing number of consumers’ are inclining toward use of cocoa spread and vegetable oils, which is estimated to create lucrative opportunities for the market growth.

Scope of the Report

The report on the global compound chocolate market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

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

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Types (Dark, Milk, and White), Forms (Chocolate Chips/Drops/Chunks, Chocolate Slabs/Bars, Chocolate Coatings, and Others) and Applications (Bakery, Confectionery, Frozen Dessert and Ice Cream, Beverages, Cereals, and Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

AAK; Barry Callebaut; Cargill Incorporated; and Clasen Quality Chocolate Inc.

Compound Chocolate Market Segment Insights

Dark chocolate segment is expected to grow at a rapid pace

Based on types, the compound chocolate market is segmented into dark, milk and white. The dark chocolate segment is anticipated to hold a key share of the market in the coming years due to rising demand for the products with health advantages of dark chocolates. It aids in managing insulin and blood pressure, helps in boosting the immune system, and inhibits the growth of cancer cells. Moreover, increasing spending on dark chocolate products is expected to boost the segment market growth.

Compound Chocolate Market

Chocolate coatings segment is projected to expand at a considerable CAGR

On the basis of forms, the compound chocolate market is segregated into chocolate chips/drops/chunks, chocolate slabs/bars, chocolate coatings, and others. The chocolate coatings segment is projected to expand at a considerable CAGR during the forecast period. Young population are buying premium items owing to health benefits, and they are inclining themselves toward eating healthy and organic products. The chocolate coatings segment is anticipated to account for a major market share during the forecast period.

Confectionery segment to hold a significant market share

In terms of applications, the market is divided into bakery, confectionery, frozen dessert and ice cream, beverages, cereals, and others. The confectionary segment is projected to expand at a considerable CAGR during the forecast period. Chocolate, attributable to its various health advantages, is the most consumed confectionery item in the world, and many organizations are presently developing sugar-free and natural chocolate products for health-conscious metropolitan people. Moreover, increasing demand from the confectionery industry is contributing to the market segment growth.

Compound Chocolate Market

North America is estimated to account a major market share

In terms of regions, the market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to constitute a key share of the market during the projected period. Wide expansion in term of R&D investment for the development of compound chocolate products acts as a major driver of the market growth in the region. However, the market in Asia Pacific is anticipated to expand at a rapid pace during the forecast period. The growth of the market in region is attributed to increasing demand for compound chocolate in countries such as India and China.

Segments

Compound chocolate market has been segmented on the basis of

Types

  • Dark
  • Milk
  • White

Forms

  • Chocolate Chips/Drops/Chunks
  • Chocolate Slabs/bars
  • Chocolate Coatings
  • Others

Applications

  • Bakery
  • Confectionery
  • Frozen Dessert and Ice Cream
  • Beverages
  • Cereals
  • Others

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key players

  • AAK
  • Barry Callebaut
  • Cargill Incorporated
  • Clasen Quality Chocolate Inc.

Competitive Landscape

Key players competing in the compound chocolate market are AAK; Barry Callebaut; Cargill Incorporated; and Clasen Quality Chocolate Inc.

Companies are engaging in partnerships, acquisitions, and mergers to expand their market share.

Compound Chocolate Market

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Compound Chocolate Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Compound Chocolate Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Compound Chocolate Market - Supply Chain
  4.5. Global Compound Chocolate Market Forecast
     4.5.1. Compound Chocolate Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Compound Chocolate Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Compound Chocolate Market Absolute $ Opportunity
5. Global Compound Chocolate Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Compound Chocolate Market Size and Volume Forecast by Types
     5.3.1. Dark Milk White
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Compound Chocolate Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Compound Chocolate Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Compound Chocolate Demand Share Forecast, 2019-2026
7. North America Compound Chocolate Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Compound Chocolate Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Compound Chocolate Market Size and Volume Forecast by Types
     7.4.1. Dark Milk White
  7.5. Basis Point Share (BPS) Analysis by Types
  7.6. Y-o-Y Growth Projections by Types
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Compound Chocolate Demand Share Forecast, 2019-2026
8. Latin America Compound Chocolate Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Compound Chocolate Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Compound Chocolate Market Size and Volume Forecast by Types
     8.4.1. Dark Milk White
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Compound Chocolate Demand Share Forecast, 2019-2026
9. Europe Compound Chocolate Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Compound Chocolate Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Compound Chocolate Market Size and Volume Forecast by Types
     9.4.1. Dark Milk White
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Compound Chocolate Demand Share Forecast, 2019-2026
10. Asia Pacific Compound Chocolate Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Compound Chocolate Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Compound Chocolate Market Size and Volume Forecast by Types
     10.4.1. Dark Milk White
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Compound Chocolate Demand Share Forecast, 2019-2026
11. Middle East & Africa Compound Chocolate Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Compound Chocolate Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Compound Chocolate Market Size and Volume Forecast by Types
     11.4.1. Dark Milk White
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Compound Chocolate Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Compound Chocolate Market: Market Share Analysis
  12.2. Compound Chocolate Distributors and Customers
  12.3. Compound Chocolate Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. AAK
     12.4.2. Barry Callebaut
     12.4.3. Cargill Incorporated
     12.4.4. Clasen Quality Chocolate Inc.

Compound chocolate market has been segmented on the basis of

Types

  • Dark
  • Milk
  • White

Forms

  • Chocolate Chips/Drops/Chunks
  • Chocolate Slabs/bars
  • Chocolate Coatings
  • Others

Applications

  • Bakery
  • Confectionery
  • Frozen Dessert and Ice Cream
  • Beverages
  • Cereals
  • Others

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key players

  • AAK
  • Barry Callebaut
  • Cargill Incorporated
  • Clasen Quality Chocolate Inc.

Key players competing in the compound chocolate market are AAK; Barry Callebaut; Cargill Incorporated; and Clasen Quality Chocolate Inc.

Companies are engaging in partnerships, acquisitions, and mergers to expand their market share.

Compound Chocolate Market

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