Real and Compound Chocolate Market Research Report - Global Forecast till 2027

Real & Compound Chocolate Market Research Report: By Real Chocolate Type (Dark, Milk, and White), Real Chocolate Application (Bakery & Confectionery, Dairy & Frozen Desserts, Syrups & Spreads, Beverages and others), Compound Chocolate Type (Dark, Milk and White), Compound Chocolate Application (Bakery & Confectionery, Dairy & Frozen Desserts, Syrups & Spreads, Beverages and others) and Region (North America, Europe, Asia-Pacific and RoW) - Forecast till 2027

ID: MRFR/F-B & N/1350-HCR | February 2021 | Region: Global | 90 pages

Real & Compound Chocolate Market Scenario


The real & compound chocolate market garnered a revenue of USD 73,856 million in 2018 and is expected to register a CAGR of 2.11% during the forecast period of 2019–2024. The global real chocolate market garnered a revenue of USD 13,078 million in 2018 and is expected to register a CAGR of 3.21% during the forecast period of 2019–2024. Real chocolate and compound chocolate are both different products used in various food & beverage applications such as dairy products, frozen desserts, bakery & confectionery, beverages, chocolate-based syrups & spreads, and others. The difference between the products is purely based on the ingredients used. Real chocolate consists of milk powder, sugar, and cocoa butter and cocoa mass, whereas, in compound chocolate, the cocoa bean derived cocoa butter and cocoa mass are replaced by vegetable oils and cocoa powder respectively.


The market for compound chocolate is expected to register a higher CAGR during the forecast period due to the low cost of compound chocolate and its increasing application in less expensive chocolate-based products. Additionally, the ability of compound chocolate to harden without tempering is promoting its use in ice creams, confectionery products, bakery products, and few other frozen desserts. Compound chocolate efficiently replicates the functional attributes of real chocolate at a lower price, which, in turn, is boosting the growth of compound chocolate market as compared to the real chocolate market. The key industry players in the real & compound chocolate market have adopted strategies such as geographic expansion, new product launch, acquisitions, agreement, and R&D to strengthen their business portfolio & presence. Most of the companies operating in this market are focusing on expanding their operations across new geographies, augmenting their capabilities and investing in research and development to offer products with better functionality.


Segmentation


The global real & compound chocolate market has been segmented based on type, application, and region.


By type, the global real & compound chocolate market has been classified as dark, white, and milk.


Based on application, real & compound chocolate market is segregated into, bakery & confectionery, dairy & frozen desserts, syrups & spreads, beverages, and others.


The global real & compound chocolate market has been studied with regard to four key regions—North America, Europe, Asia-Pacific, and the rest of the world.


The North American real & compound chocolate market has further been segmented into the US, Canada, and Mexico. The European real chocolate market has been classified as the UK, Germany, France, Italy, and the rest of Europe. The real chocolate market in Asia-Pacific has been divided into China, India, Japan, Australia and New Zealand, and the rest of Asia-Pacific. The real chocolate market in the rest of the world has been segmented into Latin America, the Middle East, and Africa.


The global compound chocolate market has been segmented based on type, application, and region.


By type, the global compound chocolate market has been classified as dark, white, and milk.


Based on application, the market is segregated into, bakery & confectionery, dairy & frozen desserts, syrups & spreads, beverages, and others.


The global compound chocolate market has been studied with regard to four key regions—North America, Europe, Asia-Pacific, and the rest of the world.


The North American compound chocolate market has further been segmented into the US, Canada, and Mexico. The European compound chocolate market has been classified as the UK, Germany, France, Italy, and the rest of Europe. The compound chocolate market in Asia-Pacific has been divided into China, India, Japan, Australia and New Zealand, and the rest of Asia-Pacific. The compound chocolate market in the rest of the world has been segmented into Latin America, the Middle East, and Africa.


Key Players



  • Mars Inc. (US)

  • Mondelez International, Inc. (US)

  • The Hershey Co. (US)

  • Barry Callebaut AG (Switzerland)

  • Nestle S.A. (Switzerland)

  • Blommer Chocolate Company (US)

  • Foley’s Candies Ltd (Canada)

  • Guittard Chocolate Company (US)

  • Ferrero SPA (Italy)

  • Alpezzi Chocolate (Mexico)


Regional Market Summary


In both, global real compound chocolate market and global compound chocolate market, in 2018, Europe garnered the largest revenue share of nearly 42%. High demand for dark chocolate in Europe due to its health benefits is amongst the major determinant driving the growth of the regional market. Belgium, Germany, the UK, Italy, and Switzerland are the major country-level markets contributing to the growth of Europe real & compound chocolate market. However, Asia-Pacific is expected to register the highest CAGR during the forecast period 2019–2024 due to the increasing expansion of market players in the region and growth of application industries in Asia-Pacific.


Global Real Chocolate Market, by Type



  • Dark

  • Milk

  • White


Global Real Chocolate Market, by Application



  • Bakery & Confectionery

  • Dairy & Frozen Desserts

  • Syrups & Spreads

  • Beverages

  • Others


Global Real Chocolate Market, by Region



  • North America

    • US

    • Canada

    • Mexico





  • Europe

    • Germany

    • France

    • Italy

    • UK

    • Rest of Europe





  • Asia-Pacific

    • Japan

    • China

    • India

    • Australia and New Zealand

    • Rest of Asia-Pacific





  • Rest of the World (RoW)

    • Latin America

    • Middle East

    • Africa




Global Compound Chocolate Market, by Type



  • Dark

  • Milk

  • White


Global Compound Chocolate Market, by Application



  • Bakery & Confectionery

  • Dairy & Frozen Desserts

  • Syrups & Spreads

  • Beverages

  • Others


Global Compound Chocolate Market, by Region



  • North America

    • US

    • Canada

    • Mexico





  • Europe

    • Germany

    • France

    • Italy

    • UK

    • Rest of Europe





  • Asia-Pacific

    • Japan

    • China

    • India

    • Australia and New Zealand

    • Rest of Asia-Pacific





  • Rest of the World (RoW)

    • Latin America

    • Middle East

    • Africa




Intended Audience



  • Real & compound chocolate manufacturers

  • Food and beverage manufacturers

  • Traders, importers and exporters

  • Raw material suppliers

  • Retailers and wholesalers



Frequently Asked Questions (FAQ) :

Real & compound chocolate market projected to grow at a 3.21% CAGR between 2019-2024.

Europe is expected to dominate the real & compound chocolate market.

White, milk, and dark are the different types of real & compound chocolate.

Some major applications real & compound chocolate include beverages, syrups and spreads, dairy and frozen desserts, and others.

Different strategies adopted key players to strengthen their presence in the real & compound chocolate market include R&D, agreement, expansion, and new product launch.

Table of Contents

1. EXECUTIVE SUMMARY

1.1. Market Attractiveness Analysis

1.1.1. Global Real Chocolate Market, by Type

1.1.2. Global Real Chocolate Market, by Application

1.1.3. Global Real Chocolate Market, by Region

1.1.4. Global Compound Chocolate Market, by Type

1.1.5. Global Compound Chocolate Market, by Application

1.1.6. Global Compound Chocolate Market, by Region

2. MARKET INTRODUCTION

2.1. Definition

2.2. Scope of the Study

2.3. Market Structure

2.4. Key Buying Criteria

2.5. Macro Factor Indicator Analysis

3. RESEARCH METHODOLOGY

3.1. Research Process

3.2. Primary Research

3.3. Secondary Research

3.4. Market Size Estimation

3.5. Forecast Model

3.6. List of Assumptions

4. MARKET DYNAMICS

4.1. Introduction

4.2. Drivers

4.3. Restraints

4.4. Opportunities

4.5. Challenges

5. MARKET FACTOR ANALYSIS

5.1. Value Chain Analysis

5.2. Supply Chain Analysis

5.3. Porter’s Five Forces Model

5.3.1. Bargaining Power of Suppliers

5.3.2. Bargaining Power of Buyers

5.3.3. Threat of New Entrants

5.3.4. Threat of Substitutes

5.3.5. Intensity of Rivalry

6. GLOBAL REAL CHOCOLATE MARKET, BY TYPE

6.1. Introduction

6.2. Dark

6.2.1. Dark: Market Estimates & Forecast by Region/Country, 2020–2027

6.3. Milk

6.3.1. Milk: Market Estimates & Forecast by Region/Country, 2020–2027

6.4. White

6.4.1. White: Market Estimates & Forecast by Region/Country, 2020–2027

7. GLOBAL REAL CHOCOLATE MARKET, BY APPLICATION

7.1. Introduction

7.2. Bakery & Confectionery

7.2.1. Bakery & Confectionery: Market Estimates & Forecast by Region/Country, 2020–2027

7.3. Dairy & Frozen Desserts

7.3.1. Dairy & Frozen Desserts: Market Estimates & Forecast by Region/Country, 2020–2027

7.4. Syrups & Spreads

7.4.1. Syrups & Spreads: Market Estimates & Forecast by Region/Country, 2020–2027

7.5. Beverages

7.5.1. Beverages: Market Estimates & Forecast by Region/Country, 2020–2027

7.6. Others

7.6.1. Others: Market Estimates & Forecast by Region/Country, 2020–2027

8. GLOBAL REAL CHOCOLATE MARKET, BY REGION

8.1. Introduction

8.2. North America

8.2.1. US

8.2.2. Canada

8.2.3. Mexico

8.3. Europe

8.3.1. Germany

8.3.2. UK

8.3.3. France

8.3.4. Italy

8.3.5. Rest of Europe

8.4. Asia-Pacific

8.4.1. China

8.4.2. Japan

8.4.3. India

8.4.4. Australia & New Zealand

8.4.5. Rest of Asia-Pacific

8.5. Rest of the World

8.5.1. Latin America

8.5.2. Middle East

8.5.3. Africa

9. GLOBAL COMPOUND CHOCOLATE MARKET, BY TYPE

9.1. Introduction

9.2. Dark

9.2.1. Dark: Market Estimates & Forecast by Region/Country, 2020–2027

9.3. Milk

9.3.1. Milk: Market Estimates & Forecast by Region/Country, 2020–2027

9.4. White

9.4.1. White: Market Estimates & Forecast by Region/Country, 2020–2027

10. GLOBAL COMPOUND CHOCOLATE MARKET, BY APPLICATION

10.1. Introduction

10.2. Bakery & Confectionery

10.2.1. Bakery & Confectionery: Market Estimates & Forecast by Region/Country, 2020–2027

10.3. Dairy & Frozen Desserts

10.3.1. Dairy & Frozen Desserts: Market Estimates & Forecast by Region/Country, 2020–2027

10.4. Syrups & Spreads

10.4.1. Syrups & Spreads: Market Estimates & Forecast by Region/Country, 2020–2027

10.5. Beverages

10.5.1. Beverages: Market Estimates & Forecast by Region/Country, 2020–2027

10.6. Others

10.6.1. Others: Market Estimates & Forecast by Region/Country, 2020–2027

11. GLOBAL COMPOUND CHOCOLATE MARKET, BY REGION

11.1. Introduction

11.2. North America

11.2.1. US

11.2.2. Canada

11.2.3. Mexico

11.3. Europe

11.3.1. Germany

11.3.2. UK

11.3.3. France

11.3.4. Italy

11.3.5. Rest of Europe

11.4. Asia-Pacific

11.4.1. China

11.4.2. Japan

11.4.3. India

11.4.4. Australia & New Zealand

11.4.5. Rest of Asia-Pacific

11.5. Rest of the World

11.5.1. Latin America

11.5.2. Middle East

11.5.3. Africa

12. COMPETITIVE LANDSCAPE

12.1. Introduction

12.2. Competitive Benchmarking

12.3. Development Share Analysis

12.4. Key Developments & Growth Strategies

13. COMPANY PROFILES

13.1. Mars Inc.

13.1.1. Company Overview

13.1.2. Financial Overview

13.1.3. Products Offered

13.1.4. Key Developments

13.1.5. SWOT Analysis

13.1.6. Key Strategies

13.2. Mondelez International, Inc.

13.2.1. Company Overview

13.2.2. Financial Overview

13.2.3. Products Offered

13.2.4. Key Developments

13.2.5. SWOT Analysis

13.2.6. Key Strategies

13.3. The Hershey Co.

13.3.1. Company Overview

13.3.2. Financial Overview

13.3.3. Products Offered

13.3.4. Key Developments

13.3.5. SWOT Analysis

13.3.6. Key Strategies

13.4. Barry Callebaut AG

13.4.1. Company Overview

13.4.2. Financial Overview

13.4.3. Products Offered

13.4.4. Key Developments

13.4.5. SWOT Analysis

13.4.6. Key Strategies

13.5. Nestle S.A.

13.5.1. Company Overview

13.5.2. Financial Overview

13.5.3. Products Offered

13.5.4. Key Developments

13.5.5. SWOT Analysis

13.5.6. Key Strategies

13.6. Blommer Chocolate Company

13.6.1. Company Overview

13.6.2. Financial Overview

13.6.3. Products Offered

13.6.4. Key Developments

13.6.5. SWOT Analysis

13.6.6. Key Strategies

13.7. Foley’s Candies Ltd

13.7.1. Company Overview

13.7.2. Financial Overview

13.7.3. Products Offered

13.7.4. Key Developments

13.7.5. SWOT Analysis

13.7.6. Key Strategies

13.8. Guittard Chocolate Company

13.8.1. Company Overview

13.8.2. Financial Overview

13.8.3. Products Offered

13.8.4. Key Developments

13.8.5. SWOT Analysis

13.8.6. Key Strategies

13.9. Ferrero SPA

13.9.1. Company Overview

13.9.2. Financial Overview

13.9.3. Products Offered

13.9.4. Key Developments

13.9.5. SWOT Analysis

13.9.6. Key Strategies

13.10. Alpezzi Chocolate

13.10.1. Company Overview

13.10.2. Financial Overview

13.10.3. Products Offered

13.10.4. Key Developments

13.10.5. SWOT Analysis

13.10.6. Key Strategies

14. APPENDIX

14.1. General Sources & References

14.2. List of Abbreviation

 

LIST OF TABLES

Table 1 Global Real Chocolate Market, by Region, 2020–2027 (USD Million)

Table 2 Global Real Chocolate Market, by Type, 2020–2027 (USD Million)

Table 3 Global Real Chocolate Market, by Application, 2020–2027 (USD Million)

Table 4 North America: Real Chocolate Market, by Country, 2020–2027 (USD Million)

Table 5 North America: Real Chocolate Market, by Type, 2020–2027 (USD Million)

Table 6 North America: Real Chocolate Market, by Application, 2020–2027 (USD Million)

Table 7 US: Real Chocolate Market, by Type, 2020–2027 (USD Million)

Table 8 US: Real Chocolate Market, by Application, 2020–2027 (USD Million)

Table 9 Canada: Real Chocolate Market, by Type, 2020–2027 (USD Million)

Table 10 Canada: Real Chocolate Market, by Application, 2020–2027 (USD Million)

Table 11 Mexico: Real Chocolate Market, by Type, 2020–2027 (USD Million)

Table 12 Mexico: Real Chocolate Market, by Application, 2020–2027 (USD Million)

Table 13 Europe: Real Chocolate Market, by Country, 2020–2027 (USD Million)

Table 14 Europe: Real Chocolate Market, by Type, 2020–2027 (USD Million)

Table 15 Europe: Real Chocolate Market, by Application, 2020–2027 (USD Million)

Table 16 Germany: Real Chocolate Market, by Type, 2020–2027 (USD Million)

Table 17 Germany: Real Chocolate Market, by Application, 2020–2027 (USD Million)

Table 18 France: Real Chocolate Market, by Type, 2020–2027 (USD Million)

Table 19 France: Real Chocolate Market, by Application, 2020–2027 (USD Million)

Table 20 Italy: Real Chocolate Market, by Type, 2020–2027 (USD Million)

Table 21 Italy: Real Chocolate Market, by Application, 2020–2027 (USD Million)

Table 22 UK: Real Chocolate Market, by Type, 2020–2027 (USD Million)

Table 23 UK: Real Chocolate Market, by Application, 2020–2027 (USD Million)

Table 24 Rest of Europe: Real Chocolate Market, by Type, 2020–2027 (USD Million)

Table 25 Rest of Europe: Real Chocolate Market, by Application, 2020–2027 (USD Million)

Table 26 Asia-Pacific: Real Chocolate Market, by Country, 2020–2027 (USD Million)

Table 27 Asia-Pacific: Real Chocolate Market, by Type, 2020–2027 (USD Million)

Table 28 Asia-Pacific: Real Chocolate Market, by Application, 2020–2027 (USD Million)

Table 29 China: Real Chocolate Market, by Type, 2020–2027 (USD Million)

Table 30 China: Real Chocolate Market, by Application, 2020–2027 (USD Million)

Table 31 India: Real Chocolate Market, by Type, 2020–2027 (USD Million)

Table 32 India: Real Chocolate Market, by Application, 2020–2027 (USD Million)

Table 33 Japan: Real Chocolate Market, by Type, 2020–2027 (USD Million)

Table 34 Japan: Real Chocolate Market, by Application, 2020–2027 (USD Million)

Table 35 Australia & New Zealand: Real Chocolate Market, by Type, 2020–2027 (USD Million)

Table 36 Australia & New Zealand: Real Chocolate Market, by Application, 2020–2027 (USD Million)

Table 37 Rest of Asia-Pacific: Real Chocolate Market, by Type, 2020–2027 (USD Million)

Table 38 Rest of Asia-Pacific: Real Chocolate Market, by Application, 2020–2027 (USD Million)

Table 39 Rest of the World (RoW): Real Chocolate Market, by Country, 2020–2027 (USD Million)

Table 40 Rest of the World (RoW): Real Chocolate Market, by Type, 2020–2027 (USD Million)

Table 41 Rest of the World (RoW): Real Chocolate Market, by Application, 2020–2027 (USD Million)

Table 42 Latin America: Real Chocolate Market, by Type, 2020–2027 (USD Million)

Table 43 Latin America: Real Chocolate Market, by Application, 2020–2027 (USD Million)

Table 44 Middle East: Real Chocolate Market, by Type, 2020–2027 (USD Million)

Table 45 Middle East: Real Chocolate Market, by Application, 2020–2027 (USD Million)

Table 46 Africa: Real Chocolate Market, by Type, 2020–2027 (USD Million)

Table 47 Africa: Real Chocolate Market, by Application, 2020–2027 (USD Million)

 

LIST OF FIGURES

FIGURE 1 Global Real Chocolate Market Segmentation

FIGURE 2 Forecast Research Methodology

FIGURE 3 Porter’s Five Forces Analysis of Global Real Chocolate Market

FIGURE 4 Value Chain of the Global Real Chocolate Market

FIGURE 5 Share of the Global Real Chocolate Market in 2018, by Country (%)

FIGURE 6 Global Real Chocolate Market, by Region, 2020–2027,

FIGURE 7 Global Real Chocolate Market Size, by Type, 2018

FIGURE 8 Share of the Global Real Chocolate Market, by Type, 2020–2027 (%)

FIGURE 9 Global Real Chocolate Market Size, by Application, 2018

FIGURE 10 Share of the Global Real Chocolate Market, by Application, 2020–2027 (%)

 

LIST OF TABLES

Table 1 Global Compound Chocolate Market, by Region, 2020–2027 (USD Million)

Table 2 Global Compound Chocolate Market, by Type, 2020–2027 (USD Million)

Table 3 Global Compound Chocolate Market, by Application, 2020–2027 (USD Million)

Table 4 North America: Compound Chocolate Market, by Country, 2020–2027 (USD Million)

Table 5 North America: Compound Chocolate Market, by Type, 2020–2027 (USD Million)

Table 6 North America: Compound Chocolate Market, by Application, 2020–2027 (USD Million)

Table 7 US: Compound Chocolate Market, by Type, 2020–2027 (USD Million)

Table 8 US: Compound Chocolate Market, by Application, 2020–2027 (USD Million)

Table 9 Canada: Compound Chocolate Market, by Type, 2020–2027 (USD Million)

Table 10 Canada: Compound Chocolate Market, by Application, 2020–2027 (USD Million)

Table 11 Mexico: Compound Chocolate Market, by Type, 2020–2027 (USD Million)

Table 12 Mexico: Compound Chocolate Market, by Application, 2020–2027 (USD Million)

Table 13 Europe: Compound Chocolate Market, by Country, 2020–2027 (USD Million)

Table 14 Europe: Compound Chocolate Market, by Type, 2020–2027 (USD Million)

Table 15 Europe: Compound Chocolate Market, by Application, 2020–2027 (USD Million)

Table 16 Germany: Compound Chocolate Market, by Type, 2020–2027 (USD Million)

Table 17 Germany: Compound Chocolate Market, by Application, 2020–2027 (USD Million)

Table 18 France: Compound Chocolate Market, by Type, 2020–2027 (USD Million)

Table 19 France: Compound Chocolate Market, by Application, 2020–2027 (USD Million)

Table 20 Italy: Compound Chocolate Market, by Type, 2020–2027 (USD Million)

Table 21 Italy: Compound Chocolate Market, by Application, 2020–2027 (USD Million)

Table 22 UK: Compound Chocolate Market, by Type, 2020–2027 (USD Million)

Table 23 UK: Compound Chocolate Market, by Application, 2020–2027 (USD Million)

Table 24 Rest of Europe: Compound Chocolate Market, by Type, 2020–2027 (USD Million)

Table 25 Rest of Europe: Compound Chocolate Market, by Application, 2020–2027 (USD Million)

Table 26 Asia-Pacific: Compound Chocolate Market, by Country, 2020–2027 (USD Million)

Table 27 Asia-Pacific: Compound Chocolate Market, by Type, 2020–2027 (USD Million)

Table 28 Asia-Pacific: Compound Chocolate Market, by Application, 2020–2027 (USD Million)

Table 29 China: Compound Chocolate Market, by Type, 2020–2027 (USD Million)

Table 30 China: Compound Chocolate Market, by Application, 2020–2027 (USD Million)

Table 31 India: Compound Chocolate Market, by Type, 2020–2027 (USD Million)

Table 32 India: Compound Chocolate Market, by Application, 2020–2027 (USD Million)

Table 33 Japan: Compound Chocolate Market, by Type, 2020–2027 (USD Million)

Table 34 Japan: Compound Chocolate Market, by Application, 2020–2027 (USD Million)

Table 35 Australia & New Zealand: Compound Chocolate Market, by Type, 2020–2027 (USD Million)

Table 36 Australia & New Zealand: Compound Chocolate Market, by Application, 2020–2027 (USD Million)

Table 37 Rest of Asia-Pacific: Compound Chocolate Market, by Type, 2020–2027 (USD Million)

Table 38 Rest of Asia-Pacific: Compound Chocolate Market, by Application, 2020–2027 (USD Million)

Table 39 Rest of the World (RoW): Compound Chocolate Market, by Country, 2020–2027 (USD Million)

Table 40 Rest of the World (RoW): Compound Chocolate Market, by Type, 2020–2027 (USD Million)

Table 41 Rest of the World (RoW): Compound Chocolate Market, by Application, 2020–2027 (USD Million)

Table 42 Latin America: Compound Chocolate Market, by Type, 2020–2027 (USD Million)

Table 43 Latin America: Compound Chocolate Market, by Application, 2020–2027 (USD Million)

Table 44 Middle East: Compound Chocolate Market, by Type, 2020–2027 (USD Million)

Table 45 Middle East: Compound Chocolate Market, by Application, 2020–2027 (USD Million)

Table 46 Africa: Compound Chocolate Market, by Type, 2020–2027 (USD Million)

Table 47 Africa: Compound Chocolate Market, by Application, 2020–2027 (USD Million)

LIST OF FIGURES

FIGURE 1 Global Compound Chocolate Market Segmentation

FIGURE 2 Forecast Research Methodology

FIGURE 3 Five Forces Analysis of Global Compound Chocolate Market

FIGURE 4 Value Chain of Global Compound Chocolate Market

FIGURE 5 Share of Global Compound Chocolate Market in 2020, by Country (%)

FIGURE 6 Global Compound Chocolate Market, by Region, 2020–2027,

FIGURE 7 Global Compound Chocolate Market Size, by Type, 2020

FIGURE 8 Share of Global Compound Chocolate Market, by Type, 2020–2027 (%)

FIGURE 9 Global Compound Chocolate Market Size, by Application, 2020

FIGURE 10 Share of Global Compound Chocolate Market, by Application, 2020–2027 (%)