5th Floor, Rajapushpa Summit
Nanakramguda Rd, Financial District, Gachibowli
Hyderabad, Telangana - 500008
The global compound chocolate market is segmented by Type (Dark, Milk, and White), Form (Chocolate Chips/Drops/Chunks, Chocolate Slabs/bars, Chocolate Coatings, and Other Forms), Application (Bakery, Confectionery, Frozen Dessert and Ice Cream, Beverages, Cereals, and Other Applications), and Geography (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
Fastest Growing Market:
The global compound chocolate market is expected to register a CAGR of 6.31% during the forecast period (2020-2025).
Market Definition: Compound chocolates, as defined by FDA, are cocoa products containing cocoa butter substitute (CBS) or cocoa butter equivalent (CBE). The vegetable fats commonly used are often hard fats or fats semi-solids at room temperature, such as coconut oil and palm kernel oil.
Scope of the study for the market studied is segmented by type (dark, milk, and white), form (chocolate chips/drops/chunks, chocolate slabs/bars, chocolate coatings, and other forms), application (bakery, confectionery, frozen dessert and ice cream, beverages, cereals, and other applications), and Geography (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
|Frozen Desserts and Ice Cream|
Report scope can be customized per your requirements. Click here.
The compound chocolate market has seen a growth in the consumer preference towards products with various better-for-you claims. Major players in the market are launching healthy variants to remain competitive in the market. For instance, major player Mondelez is offering their Cadbury Dairy Milk with 30% less sugar. In addition to the major player increasing their investments in developing products with various health claims, the inclination of the people toward the healthier and artisanal range of chocolates has led to the entry of many small-scale compound chocolate makers in the market, so as to cater to the needs of artisanal bakers and confectioners. Small-scale compound chocolate makers are forging their way and claiming their stakes to serve world-renowned chocolate makers. For instance, NATRA offers organic and no-added-sugar variants of white, dark, and milk compound chocolate, apart from fillings and cocoa powder in the United Kingdom. Most of the bars are also vegan, as producers are favoring cocoa butter and vegetable oils, rather than milk. This is expected to create new market opportunities in the market, thus contributing to market growth.
To understand key trends, Download Sample Report
Compaound chocolate in North America is expected to continue its upward trend, supported with increasing demand for premium chocolate and confectionery items. Furthermore, greater interest in healthy lifestyles continues to drive consumption of sugar-free, organic and dark chocolate.Qualities of compound chocolate, such as its attractive price, as compared to pure cocoa-based chocolates, and the fact that it hardens without tempering, are making it an ideal choice for food manufacturers in various segments, such as bakery, confectionery, ice creams, and frozen desserts. Milk chocolate holds a major share in the compound chocolate market in the region and continues to register demand, along with other flavors. Companies are coming up with sustainable solutions, for sourcing and the usage of cocoa butter substitutes or cocoa butter equivalents for confectionary products.
To understand geography trends, Download Sample Report.
The global compound chocolate market is a fragmented market with the presence of various players. Manufacturers are coming up with several innovations in health aspects, with better cocoa butter substitutes (CBS) and cocoa butter equivalent (CBE). As the manufacturing methods and flavors of compound chocolates improve, the cost differential in comparison to chocolate is likely to make chocolate compounds a more desirable choice. These companies have set their focus upon R&D, with an aim to retain their position within the market or gain an advantage over their competitors. Major players of the compound chocolate market are Cargill Incorporated, AAK, Barry Callebaut, and Clasen Quality Chocolate Inc.
1.1 Study Deliverables and Study Assumptions
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Type
5.2 By Form
5.2.1 Chocolate Chips/Drops/Chunks
5.2.2 Chocolate Slab
5.2.3 Chocolate Coatings
5.2.4 Other Forms
5.3 By Application
5.3.3 Frozen Desserts and Ice Cream
5.3.6 Other Applications
5.4 By Geography
5.4.1 North America
220.127.116.11 United States
18.104.22.168 Rest of North America
22.214.171.124 United Kingdom
126.96.36.199 Rest of Europe
188.8.131.52 Rest of Asia-Pacific
5.4.4 South America
184.108.40.206 Rest of South America
5.4.5 Middle-East and Africa
220.127.116.11 South Africa
18.104.22.168 United Arab Emirates
22.214.171.124 Rest of Middle-East and Africa
6. COMPETITIVE LANDSCAPE
6.1 Most Active Companies
6.2 Most Adopted Strategies
6.3 Market Share Analysis
6.4 Company Profiles
6.4.1 Cargill Incorporated
6.4.4 Barry Callebaut
6.4.5 Fuji Oil Holdings Inc
6.4.6 Aalst Wilmar Pte Ltd
6.4.7 Clasen Quality Chocolate Inc.
6.4.8 Puratos Group
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. IMPACT OF COVID-19 ON THE MARKET