Global Chocolate Market (2019-2025)- Report, Outlook & Trends- 6Wresearch
Increasing the disposable income of consumers coupled with shifting taste preferences from traditional sweets to confectionery products is driving the demand of the global chocolate market. Moreover, a growing population, increasing urbanization, and easy availability of the product would be some of the major factors leading to growth in demand for chocolates worldwide. Increasing competition due to the presence of a large number of players in the market would result in a decline in the prices of chocolates augmenting the growth of the global chocolate market.
According to 6Wresearch, the Global Chocolate market size is projected to grow at a CAGR of 3.5% during 2019–25. Based on chocolate types, milk chocolate captured the majority of the market revenue share in 2018 and is expected to lead the market revenues during the forecast period as well owing to the easy availability of the product and growing consumer preference towards sweeter chocolates. However, Dark chocolate is projected to witness substantial growth over the next six years due to growing
Key Highlights of the Report
- Global Chocolate Market Overview
- Global Chocolate Market Price Trends
- Global Chocolate Market Outlook
- Global Chocolate Market Forecast
- Market Drivers and Restraints
- Porter’s Five Force Analysis
- Market Opportunity Assessment
- Global Chocolate Market Share, By Regions
- Global Chocolate Market Share, By Players
- Company Profiles
- Key Strategic Recommendations
- Global Chocolate Market Trends and Industry Life Cycle
- Global Chocolate Market Size & Global Chocolate Market Forecast of Revenues, Until 2025
- Global Chocolate Market Overview on Competitive Benchmarking
- Global Chocolate Market Size & Global Chocolate Market Forecast of Revenues, By Product Type, Until 2025