Chocolate Market - Forecast (2022 - 2027)

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Chocolate MarketMarket size, Industry outlook,
Market Forecast, Demand Analysis, Market Share,
Market Report 2022 - 2027
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• Chocolate is prepared using cacao seeds. They are
  roasted and formed in liquid, paste, or block
  shapes. The most common type of chocolate that is
  widely available in the market includes dark
  chocolate, milk chocolate, and white chocolate. .
• The procedure of making chocolate comprises
  numerous steps such as cacao cultivation,
  harvesting, fermentation, drying shipping, and
  producing chocolates. With the growing
  population, increasing urbanization, and easy
  availability of the Chocolate products, the
  market is set to grow worldwide.

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• Key Takeaways
• Geographically, North America dominated the
  global chocolate market in 2019, owing to the
  increasing consumer demand in the region.
• In the Asia-Pacific region, India has seen
  changing consumer preference over seasonal and
  premium chocolates during festive seasons instead
  of traditional Indian sweets, which is set to
  augment chocolate demand in the forecast period
  2020-2025.
• The Appealing packaging and color enable the
  manufacturer to receive a fast, spontaneous
  response from consumers. Purple was ranked as the
  most prominent color accompanied by red and blue
  to promote the buying of chocolate goods.

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• By Type - Segment Analysis
• Based on type, the global chocolate market has
  Milk Chocolate, Dark Chocolate, White Chocolate,
  Unsweetened chocolate, and others. Milk chocolate
  segment holds the largest market share followed
  by dark chocolate in the global chocolate market.
  Milk chocolate has liquid milk, powdered milk, or
  condensed milk form added in it along with
  flavoring ingredient. Milk chocolate boosts
  memory, cuts the risk of heart strokes, hydrates
  and smoothens the skin. 
• Dark chocolate comprises over 50 cocoa content,
  which helps in reducing the risk of
  cardiovascular diseases and improving blood flow.
  It also consists of a bioactive compound that
  promotes healthy and glowing skin. Owing to the
  above reasons, demand for Dark chocolate is
  increasing and it is poised to grow with the
  highest CAGR for the forecast period (2020-2025). 

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• Chocolate Market Industry Outlook 
• Mars, Incorporated
• Ferrero, Mondelez International
• The Hershey Company
• Nestle SA
• Arcor Group
• The Kraft Heinz Company
• Ghirardelli Chocolate Company
• Moonstruck Chocolate
• Ezaki Glico Co Ltd

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• Analyst Briefing
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• Free Customization
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