Global Crunchy Chocolate Market

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Global Crunchy Chocolate Market
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Summary
Crunchy chocolate or wafer chocolate is mostly
made by coating a piece of wafer with a layer of
chocolate. However, sometimes nuts, fruits,
cereals, etc. are also added along with a filling
of delectable flavors such as honey, caramel and
butterscotch to enhance its flavor. Nowadays,
manufacturers are introducing crunchy chocolates
which are not only delicious but also cater to
the needs and demands of a health-conscious
consumer-base.
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Hence, organic chocolate, vegan gluten-free
chocolate and energy bars are emerging as the
most sought-after chocolate types around the
world. The latest report by Group titled,
Crunchy Chocolate Market, Global Industry
Trends, Share, Size, Growth, Opportunity and
Forecast 2017-2022, finds that the global
crunchy chocolate market reached a value of
around US 2.5 Billion in 2016, growing at a CAGR
of more than 7 during 2009-2016.
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There are a number of uses of crunchy chocolate
which have contributed in influencing its demand.
Crumbs and chunks of crunchy chocolate are used
with beverages such as coffee and smoothies, or
are used to make chocolate sandwiches. Some of
the other factors responsible for the growth in
the demand for crunchy chocolates include
premiumisation, thriving fast-food industry,
expanding distribution channels, etc. As a
result, the market for crunchy chocolate is
expected to reach a value of more than US 3
Billion by 2022, growing at a CAGR of 5 during
2017-2022.
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The report has analyzed the global crunchy
chocolate market on the basis of distribution
channels, covering super- and hyper-markets,
convenience stores and non-grocery retailers. The
report has further segmented the market on the
basis of region covering Western Europe, North
America, Eastern Europe, Asia, Latin America,
Middle East and Africa and Australasia.
Currently, Western Europe represents the largest
region for crunchy chocolate, accounting for the
majority of the market share.
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This report provides a deep insight into the
global crunchy chocolate industry covering all
its essential aspects. This ranges from macro
overview of the market to micro details of the
industry performance, recent trends, key market
drivers and challenges, SWOT analysis, Porters
five forces analysis, value chain analysis, etc.
The report also provides a comprehensive analysis
for setting up a crunchy chocolate manufacturing
plant.
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The study analyses the processing and
manufacturing requirements, project cost, project
funding, project economics, expected returns on
investment, profit margins, etc. This report is a
must-read for entrepreneurs, investors,
consultants, and all those who have any kind of
stake or are planning to foray into the crunchy
chocolate industry in any manner.
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Full Report
Global Crunchy Chocolate Market
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