North-American Industrial Chocolate Market Information by Type (Dark, Milk and White), by Application (Chocolate Bars and Flavoring Ingredients) and by Country - Forecast to 2027

1 REPORT PROLOGUE

2 INTRODUCTION

2.1 DEFINITION

2.2 SCOPE OF THE STUDY

2.2.1 RESEARCH OBJECTIVE

2.2.2 ASSUMPTIONS

2.2.3 LIMITATIONS

2.3 MARKET STRUCTURE

3 RESEARCH METHODOLGY

3.1 INTRODUCTION

3.2 PRIMARY RESEARCH

3.3 SECONDARY RESEARCH

4 MARKET DYNAMICS

4.1 MARKET OVERVIEW

4.1.1 CLASSIFICATION OF INDUSTRIAL CHOCOLATE

4.1.2 MARKET SHARE OF INDUSTRIAL CHOCOLATE

4.2 APPLICATIONS OF INDUSTRIAL CHOCOLATE

4.3 MARKET SHARE OF INDUSTRIAL CHOCOLATE-BY APPLICATION

4.4 MARKET SHARE OF INDUSTRIAL CHOCOLATE-BY COUNTRY

4.5 DRIVERS

4.5.1 INNOVATIONS IN FLAVORS AND FORMS

4.5.2 CREATIVE PACKAGING

4.5.3 PERSONALIZATION

4.5.4 ADVANCED TECHNOLOGY

4.6 RESTRAINTS

4.6.1 RISE IN OBESE POPULATION

4.6.2 OTHER HEALTH-CONCERNS RELATED TO CHOCOLATE

4.6.3 FOOD SAFETY ISSUES

4.7 OPPORTUNITY

4.7.1 EVOLVING MARKET TRENDS

4.7.2 GROWING DEMAND FOR HEALTH AND WELLNESS PRODUCTS

4.8 MEGA TRENDS

4.8.1 TRENDS IN NORTH-AMERICAN CHOCOLATE IMPORTS

4.8.2 TRENDS IN NORTH-AMERICAN CHOCOLATE EXPORTS

4.9 MACRO-ECONOMIC INDICATORS-PESTLE ANALYSIS

4.9.1 PESTLE ANALYSIS-U.S.

4.9.2 PESTLE ANALYSIS-CANADA

4.9.3 PESTLE ANALYSIS-MEXICO

5 MARKET FACTOR ANALYSIS

5.1 VALUE CHAIN ANALYSIS

5.1.1 COCOA BEANS:

5.1.2 SUGAR MARKET ANALYSIS

5.1.3 LABOR COST ANALYSIS OF INDUSTRIAL CHOCOLATE

5.1.4 MARKET CHAIN STRUCTURE OF INDUSTRIAL CHOCOLATE

5.1.5 RAW MATERIAL ANALYSIS

5.1.5.1 Introduction

5.1.5.2 Cocoa/Cacao Beans

5.2 COST ANALYSIS

5.2.1 RAW MATERIALS

5.2.2 LABOR COST

5.2.3 MANUFACTURING EXPENSES

5.3 SUPPLIER ANALYSIS

5.4 PORTER'S FIVE FORCES

5.4.1 THREAT OF NEW ENTRANTS

5.4.1.1 Economies of Scale: The initial investments in the North American industrial chocolate are high including high R&D costs; however the revenues are also high due to high demand for the chocolate products.

5.4.1.2 Product Differentiation: Chocolate is available in different forms, flavors and packaging. Each supplier has different specifications for chocolate products.

5.4.2 DUE TO HIGH ECONOMIES OF SCALE AND HIGH PRODUCT DIFFERENTIATION, THE INDUSTRIAL CHOCOLATE HAS HIGH THREAT OF NEW ENTRANTS

5.4.3 THREAT OF SUBSTITUTES

5.4.3.1 Substitute availability: In the whole industrial chocolate market, there are mainly three types, milk chocolate, dark chocolate and white chocolate for, each chocolate has unique applications, however there could be substitution but at moderate levels.

5.4.3.2 Ease of substitution: The substitution ease is low due to unique application of chocolate products

5.4.4 BUYER POWER

5.4.4.1 Number of customers: The number of chocolate consumers is generally high and thereby the demand for the chocolate products is high.

5.4.5 SUPPLIER POWER

5.4.5.1 Uniqueness of Suppliers: The major inputs of confectionery industry are sugar, cocoa, milk and nutmeat. These agriculture commodities are less differentiated therefore suppliers less powers against confectionery.

5.4.5.2 Supplier concentration: U.S and Canada dominates the chocolate industry in North America. Hence, there is strong supplier power in the U.S. and Canadian region due to overall high demand for chocolate globally.

5.4.6 INTENSITY OF RIVALRY

5.4.6.1 Number of Competitors:

6 NORTH-AMERICAN INDUSTRIAL CHOCOLATE, BY TYPE

6.1 INTRODUCTION

6.1.1 CLASSIFICATION OF INDUSTRIAL CHOCOLATE

6.1.2 NORTH-AMERICAN INDUSTRIAL CHOCOLATE-BYTYPE

7 NORTH-AMERICAN INDUSTRIAL CHOCOLATE, PRODUCTION

8 NORTH-AMERICAN INDUSTRIAL CHOCOLATE, CONSUMPTION

9 NORTH-AMERICAN INDUSTRIAL CHOCOLATE, APPLICATION

10 COMPETITIVE LANDSCAPING

11 COMPANY PROFILES

11.1 MARS INC.

11.1.1.1 Overview

11.1.1.2 Financials

11.1.1.3 Product Portfolio

11.1.1.4 Business Strategy

11.1.1.5 Key Developments

11.2 MONDELEZ INTERNATIONAL, INC.

11.2.1.1 Overview

11.2.1.2 Financials

11.2.1.3 Product Portfolio

11.2.1.4 Business Strategies

11.2.1.5 Key Developments

11.3 HERSHEY

11.3.1.1 Overview

11.3.1.2 Financials

11.3.1.3 Product Portfolio

11.3.1.4 Business Strategies

11.3.1.5 Key Developments

11.4 BARRY CALLEBAUT

11.4.1.1 Overview

11.4.1.2 FINANCIALS

11.4.1.3 Product Portfolio

11.4.1.4 Business Strategies

11.4.1.5 Key Developments

11.5 NESTLE S A

11.5.1.1 Overview

11.5.1.2 Financials

11.5.1.3 Product Portfolio

11.5.1.4 Key Developments

11.6 BLOMMER CHOCOLATE COMPANY

11.6.1.1 Overview

11.6.1.2 Financials

11.6.1.3 Product Portfolio

11.6.1.4 Business Strategy

11.6.1.5 Recent Developments

11.7 FOLEY’S CANDIES

11.7.1.1 Overview

11.7.1.2 Financials

11.7.1.3 Product Portfolio

11.7.1.4 Key Developments

11.8 GUITTARD

11.8.1.1 Overview

11.8.1.2 Financials

11.8.1.3 Product Portfolio

11.9 PURATOS

11.9.1.1 Overview

11.9.1.2 Financials

11.9.1.3 Product Portfolio

11.9.1.4 Key Developments

11.10 FERRERO

11.10.1.1 Overview

11.10.2 FINANCIALS

11.10.2.1 Product Portfolio

11.10.2.2 Key Developments

11.11 ALPEZZI CHOCOLATE

11.11.1.1 Overview

11.11.1.2 Financials

11.11.1.3 Product Portfolio

11.12 GHIRARDELLI

11.12.1.1 Overview

11.12.1.2 Financials

11.12.1.3 Product Portfolio

11.12.1.4 Key Developments

11.13 VALRHONA

11.13.1.1 Overview

11.13.1.2 Financials

11.13.1.3 Products Portfolio

11.14 REPUBLICA DEL CACAO

11.14.1.1 Overview

11.14.1.2 Financials

11.14.1.3 Products Portfolio

11.15 TCHO

11.15.1.1 Overview

11.15.1.2 Financials

11.15.1.3 Products Portfolio

11.16 DAGOBA

11.16.1.1 Overview

11.16.1.2 Financials

11.16.1.3 PRODUCT PORTFOLIO

11.17 SCHARFFEN BERGER

11.17.1.3 PRODUCT PORTFOLIO

12 ANNEXURE

12.1 MARS INC.

12.2 HERSHEY

12.3 BLOMMER CHOCOLATE COMPANY

12.4 FOLEY’S CANDIES LP

12.5 GUITTARD CHOCOLATE COMPANY

12.6 PURATOS COMPANY

12.7 FERRERO

12.8 ALPEZZI CHOCOLATE

12.9 GHIRARDELLI

12.10 VALRHONA

12.11 REPUBLICA DEL CACAO

12.12 TCHO

12.16 RAW MATERIALS SOURCES ANALYSIS OF NORTH AMERICA & NORTH AMERICA INDUSTRIAL CHOCOLATE KEY MANUFACTURERS IN 2015

13 List of Tables

TABLE 5 APPLICATIONS

TABLE 6 DESCRIPTIONS

TABLE 8 PESTLE ANALYSIS-CANADA

TABLE 12 NORTH-AMERICAN INDUSTRIAL CHOCOLATE- BY TYPE (2020-2027) K MT (VOLUME)

TABLE 13 NORTH-AMERICAN INDUSTRIAL CHOCOLATE- BY TYPE (2020-2027) K MT (VOLUME)

TABLE 14 U.S. INDUSTRIAL CHOCOLATE- BY TYPE (2020-2027) K MT (VOLUME)

TABLE 15 U.S. INDUSTRIAL CHOCOLATE- BY TYPE, (2020-2027) K MT (VOLUME)

TABLE 16 NORTH-AMERICAN INDUSTRIAL CHOCOLATE- BY COUNTRY (2020-2027), K MT (VOLUME)

TABLE 17 NORTH AMERICA CAPACITIES, PRODUCTION, SALES PRICE, COST AND REVENUE (USD MILLION) OF INDUSTRIAL CHOCOLATE 2020-2027E

TABLE 18 NORTH AMERICA AND MAJOR MANUFACTURERS CAPACITY OF INDUSTRIAL CHOCOLATE 2020-2027E (K MT)

TABLE 19 NORTH AMERICA AND MAJOR MANUFACTURERS CAPACITY OF INDUSTRIAL CHOCOLATE 2020-2027E (K MT)

TABLE 20 NORTH AMERICA CONSUMPTION VOLUME OF INDUSTRIAL CHOCOLATE BY COUNTRY (2020-2027E) K MT

TABLE 21 NORTH AMERICA CONSUMPTION VOLUME OF INDUSTRIAL CHOCOLATE BY COUNTRY (2020-2027) K MT

TABLE 22 NORTH AMERICA CONSUMPTION VOLUME OF INDUSTRIAL CHOCOLATE BY COUNTRY (2020-2027E) USD MILLION

TABLE 23 NORTH AMERICA CONSUMPTION VOLUME OF INDUSTRIAL CHOCOLATE BY COUNTRY (2020-2027) USD MILLION

TABLE 24 NORTH AMERICA SALES OF INDUSTRIAL CHOCOLATE BY APPLICATIONS 2020-2027E (K MT)

TABLE 25 NORTH-AMERICA SALES OF INDUSTRIAL CHOCOLATE BY APPLICATIONS 2020-2027 (K MT)

TABLE 26 U.S. SALES OF INDUSTRIAL CHOCOLATE BY APPLICATIONS 2020-2027E (K MT)

TABLE 27 U.S. SALES OF INDUSTRIAL CHOCOLATE BY APPLICATIONS 2020-2027 (K MT)

TABLE 28 COMPETIVE LANDSCAPING: NORTH AMERICAN INDUSTRIAL CHOCOLATE: BY STRATEGY

TABLE 37 NESTLE SA PRODUCTS

TABLE 38 RECENT DEVELOPMENTS

TABLE 50 RECENT DEVELOPMENTS

TABLE 54 DAGOBA PRODUCTS

TABLE 56 INDUSTRIAL CHOCOLATE CAPACITY (K MT), PRODUCTION (K MT), PRICE (USD/MT), COST (USD/MT), GROSS (USD/MT), REVENUE (MILLION USD) AND GROSS MARGIN OF MARS 2020-2027

TABLE 57 U.S. INDUSTRIAL CHOCOLATE CAPACITY (K MT), PRODUCTION (K MT), PRICE (USD/MT), COST (USD/MT), GROSS (USD/MT), REVENUE (MILLION USD) AND GROSS MARGIN OF MARS 2020-2027

TABLE 58 INDUSTRIAL CHOCOLATE CAPACITY (K MT), PRODUCTION (K MT), PRICE (USD/MT), COST (USD/MT), GROSS (USD/MT), REVENUE (MILLION USD) AND GROSS MARGIN OF HERSHEY 2020-2027

TABLE 59 U.S. INDUSTRIAL CHOCOLATE CAPACITY (K MT), PRODUCTION (K MT), PRICE (USD/MT), COST (USD/MT), GROSS (USD/MT), REVENUE (MILLION USD) AND GROSS MARGIN OF HERSHEY 2020-2027

TABLE 60 INDUSTRIAL CHOCOLATE CAPACITY (K MT), PRODUCTION (K MT), PRICE (USD/MT), COST (USD/MT), GROSS (USD/MT), REVENUE (MILLION USD) AND GROSS MARGIN OF BLOMMER CHOCOLATE COMPANY 2020-2027

TABLE 61 INDUSTRIAL CHOCOLATE CAPACITY (K MT), PRODUCTION (K MT), PRICE (USD/MT), COST (USD/MT), GROSS (USD/MT), REVENUE (MILLION USD) AND GROSS MARGIN OF BLOMMER CHOCOLATE COMPANY 2020-2027

TABLE 62 INDUSTRIAL CHOCOLATE CAPACITY (K MT), PRODUCTION (K MT), PRICE (USD/MT), COST (USD/MT), GROSS (USD/MT), REVENUE (MILLION USD) AND GROSS MARGIN OF GUITTARD CHOCOLATE COMPANY 2020-2027

TABLE 63 INDUSTRIAL CHOCOLATE CAPACITY (K MT), PRODUCTION (K MT), PRICE (USD/MT), COST (USD/MT), GROSS (USD/MT), REVENUE (MILLION USD) AND GROSS MARGIN OF PURATOS COMPANY 2020-2027

TABLE 64 INDUSTRIAL CHOCOLATE CAPACITY (K MT), PRODUCTION (K MT), PRICE (USD/MT), COST (USD/MT), GROSS (USD/MT), REVENUE (MILLION USD) AND GROSS MARGIN OF FERRERO 2020-2027

TABLE 65 INDUSTRIAL CHOCOLATE CAPACITY (K MT), PRODUCTION (K MT), PRICE (USD/MT), COST (USD/MT), GROSS (USD/MT), REVENUE (MILLION USD) AND GROSS MARGIN OF ALPEZZI CHOCOLATE 2020-2027

TABLE 66 INDUSTRIAL CHOCOLATE CAPACITY (K MT), PRODUCTION (K MT), PRICE (USD/MT), COST (USD/MT), GROSS (USD/MT), REVENUE (MILLION USD) AND GROSS MARGIN OF GHIRARDELLI 2020-2027

TABLE 67 INDUSTRIAL CHOCOLATE CAPACITY (K MT), PRODUCTION (K MT), PRICE (USD/MT), COST (USD/MT), GROSS (USD/MT), REVENUE (MILLION USD) AND GROSS MARGIN OF VALRHONA 2020-2027

TABLE 68 INDUSTRIAL CHOCOLATE CAPACITY (K MT), PRODUCTION (K MT), PRICE (USD/MT), COST (USD/MT), GROSS (USD/MT), REVENUE (MILLION USD) AND GROSS MARGIN OF REPUBLICA DEL CACAO 2020-2027

TABLE 69 INDUSTRIAL CHOCOLATE CAPACITY (K MT), PRODUCTION (K MT), PRICE (USD/MT), COST (USD/MT), GROSS (USD/MT), REVENUE (MILLION USD) AND GROSS MARGIN OF TCHO 2020-2027

TABLE 70 EQUIPMENT SUPPLIERS & PRICE RANGE: INDUSTRIAL CHOCOLATE

TABLE 71 NORTH AMERICA ELECTRICITY PRICE (USD/KWH), BY COUNTRY

TABLE 72 US AVERAGE PRICE OF ELECTRICITY TO ULTIMATE CUSTOMERS BY END-USE SECTOR, BY STATE, SEPTEMBER 2015 AND 2014 (CENTS PER KWH)

TABLE 73 RAW MATERIALS SOURCES ANALYSIS OF NORTH AMERICA & NORTH AMERICA INDUSTRIAL CHOCOLATE KEY MANUFACTURERS IN 2015

TABLE 74 EQUIPMENT SUPPLIERS AND PRICE RANGE OF INDUSTRIAL CHOCOLATE

TABLE 75 THE U.S. LABOR ANALYSIS 2015

TABLE 77 NORTH AMERICA COST ANALYSIS OF INDUSTRIAL CHOCOLATE 2020-2027E (USD/MT)

TABLE 78 NORTH AMERICA GROSS ANALYSIS OF INDUSTRIAL CHOCOLATE 2020-2027E (USD/MT)

TABLE 79 NORTH AMERICA INDUSTRIAL CHOCOLATE PRICE (USD/MT) BY PRODUCT TYPES

TABLE 80 NORTH AMERICA INDUSTRIAL CHOCOLATE PRODUCTION VALUE (USD MILLION) BY PRODUCT TYPES 2020-2027E

TABLE 81 U.S. INDUSTRIAL CHOCOLATE PRICE (USD/MT) BY PRODUCT TYPES 2020-2027E

TABLE 82 U.S. INDUSTRIAL CHOCOLATE PRODUCTION VALUE (USD MILLION) BY PRODUCT TYPES (2020-2027E)

TABLE 83 U.S SALES OF INDUSTRIAL CHOCOLATE BY PRODUCT TYPES IN 2020-2027E (K MT)

TABLE 84 NORTH AMERICA CONSUMPTION PRICE ANALYSIS OF INDUSTRIAL CHOCOLATE BY REGIONS 2020-2027E

TABLE 85 PRICE OF NORTH AMERICA INDUSTRIAL CHOCOLATE MAJOR MANUFACTURERS 2020-2027E (USD/MT)

TABLE 86 NORTH AMERICA AND MAJOR MANUFACTURERS REVENUE OF INDUSTRIAL CHOCOLATE 2020-2027E (USD MILLION)

TABLE 87 NORTH AMERICA PRODUCTION (K MT), PRICE (USD/MT), COST (USD/MT), REVENUE (USD /MILLION) AND GROSS MARGIN OF INDUSTRIAL CHOCOLATE 2020-2027E

TABLE 88 U.S. PRODUCTION (K MT), PRICE (USD/MT), COST (USD/MT), REVENUE (USD /MILLION) AND GROSS MARGIN OF INDUSTRIAL CHOCOLATE 2020-2027E

TABLE 89 CANADA PRODUCTION (K MT), PRICE (USD/MT), COST (USD/MT), REVENUE (USD /MILLION) AND GROSS MARGIN OF INDUSTRIAL CHOCOLATE 2020-2027E

TABLE 90 MEXICO PRODUCTION (K MT), PRICE (USD/MT), COST (USD/MT), REVENUE (USD /MILLION) AND GROSS MARGIN OF INDUSTRIAL CHOCOLATE 2020-2027E

TABLE 91 INDUSTRIAL CHOCOLATE PRICE (USD/MT) BY REGIONS 2020-2027E

TABLE 92 PRICE COMPARISON OF INDUSTRIAL CHOCOLATE BY COUNTRIES 2020-2027E (USD/MT)

TABLE 93 PRICE ANALYSIS OF DIFFERENT INDUSTRIAL CHOCOLATE APPLICATION (USD/MT) IN 2020-2027

TABLE 94 EX-WORK PRICE, CHANNEL PRICE AND END BUYER PRICE ANALYSIS OF INDUSTRIAL CHOCOLATE

TABLE 95 NORTH AMERICA SUPPLY, CONSUMPTION AND GAP OF INDUSTRIAL CHOCOLATE 2020-2027E (K MT)

TABLE 96 U.S. SUPPLY, CONSUMPTION AND GAP OF INDUSTRIAL CHOCOLATE 2020-2027E (K MT)

TABLE 97 CANADA SUPPLY, CONSUMPTION AND GAP OF INDUSTRIAL CHOCOLATE 2020-2027E (K MT)

TABLE 98 MEXICO SUPPLY, CONSUMPTION AND GAP OF INDUSTRIAL CHOCOLATE 2020-2027E (K MT)

TABLE 99 U.S. AND MAJOR MANUFACTURERS CAPACITY OF INDUSTRIAL CHOCOLATE 2020-2027E (K MT)

TABLE 100 U.S. AND MAJOR MANUFACTURERS PRODUCTION OF INDUSTRIAL CHOCOLATE 2020-2027E (K MT)

TABLE 101 CANADA AND MAJOR MANUFACTURERS CAPACITY OF INDUSTRIAL CHOCOLATE 2020-2027E (K MT)

TABLE 103 MEXICO AND MAJOR MANUFACTURERS CAPACITY OF INDUSTRIAL CHOCOLATE 2020-2027E (K MT)

14 List of Figures

FIGURE 1 INDUSTRIAL CHOCOLATE: MARKET SHARE 2020

FIGURE 2 NORTH AMERICA MARKET SHARE-BY APPLICATIONS IN 2020

FIGURE 3 NORTH AMERICA MARKET SHARE-BY COUNTRY IN 2020

FIGURE 5 PREVALENCE OF OBESITY AMONG U.S. ADULTS AGED 20-74

FIGURE 6 TREND IN NORTH-AMERICAN CHOCOLATE IMPORTS

FIGURE 7 TREND IN NORTH-AMERICAN CHOCOLATE IMPORTS

FIGURE 8 TREND IN NORTH-AMERICAN CHOCOLATE IMPORTS

FIGURE 9 TREND IN NORTH-AMERICAN CHOCOLATE EXPORTS

FIGURE 10 TREND IN NORTH-AMERICAN CHOCOLATE EXPORTS

FIGURE 11 TREND IN NORTH-AMERICAN CHOCOLATE EXPORTS

FIGURE 12 VALUE CHAIN ANALYSIS

FIGURE 13 GLOBAL COCOA PRODUCTION, THOUSAND TONNES

FIGURE 14 GLOBAL COCOA PRODUCTION SHARE-2020-2027

FIGURE 15 U.S. COCOA PRICES TREND

FIGURE 16 GLOBAL SUGAR PRODUCTION, MILLION TONNES

FIGURE 17 U.S. RAW SUGAR PRICES, NEW-YORK

FIGURE 18 MARKET CHAIN STRUCTURE OF INDUSTRIAL CHOCOLATE

FIGURE 19 COST ANALYSIS: CHOCOLATE PRODUCTION

FIGURE 20 PORTER’S FIVE FORCES ANALYSIS

FIGURE 21 NORTH-AMERICAN INDUSTRIAL CHOCOLATE- BY TYPE

FIGURE 22 NORTH-AMERICAN INDUSTRIAL CHOCOLATE- BY COUNTRY (2020-2027), K MT (VOLUME)

FIGURE 23 COMPETIVE LANDSCAPING: NORTH AMERICAN INDUSTRIAL CHOCOLATE: BY STRATEGY

FIGURE 24 MARS INC. INDUSTRIAL CHOCOLATE SALES (2020-2027E), USD MILLION

FIGURE 25 MONDELEZ INDUSTRIAL CHOCOLATE SALES (2020-2027E), USD MILLION

FIGURE 26 HERSHEY INDUSTRIAL CHOCOLATE SALES (2020-2027E), USD MILLION

FIGURE 27 BARRY CALLEBAUT INDUSTRIAL CHOCOLATE SALES (2020-2027E), USD MILLION

FIGURE 28 NESTLE SA INDUSTRIAL CHOCOLATE SALES (2020-2027E), USD MILLION

FIGURE 29 BLOMMER CHOCOLATE COMPANY INDUSTRIAL CHOCOLATE SALES (2020-2027E), USD MILLION

FIGURE 30 FOLEY'S CANDIES LTD INDUSTRIAL CHOCOLATE SALES (2020-2027E), USD MILLION

FIGURE 31 GUITTARD CHOCOLATE COMPANY INDUSTRIAL CHOCOLATE SALES (2020-2027E), USD MILLION

FIGURE 32 PURATOS CHOCOLATE INDUSTRIAL CHOCOLATE SALES (2020-2027E), USD MILLION

FIGURE 33 FERRERO CHOCOLATE INDUSTRIAL CHOCOLATE SALES (2020-2027E), USD MILLION

FIGURE 34 ALPEZZI CHOCOLATE INDUSTRIAL CHOCOLATE SALES (2020-2027E), USD MILLION

FIGURE 35 GHIRARDELLI INDUSTRIAL CHOCOLATE SALES (2020-2027E), USD MILLION

FIGURE 36 VALRHONA INDUSTRIAL CHOCOLATE SALES (2020-2027E), USD MILLION

FIGURE 37 REPUBLICA DEL CACAO INDUSTRIAL CHOCOLATE SALES (2020-2027E), USD MILLION

FIGURE 38 TCHO INDUSTRIAL CHOCOLATE SALES (2020-2027E), USD MILLION

FIGURE 39 DAGOBA INDUSTRIAL CHOCOLATE SALES (2020-2027E), USD MILLION

FIGURE 40 SCHARFFEN BERGER CHOCOLATE INDUSTRIAL CHOCOLATE SALES (2020-2027), USD MILLION