Market Size of Europe Compound Chocolate Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.03 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Europe Compound Chocolate Market Analysis
The compound chocolate market in Europe is forecasted to reach USD 1.69 billion by 2025, registering a CAGR of 4.03% during the forecast period of 2020 -2025.
- A primary factor driving the market for compound chocolates is their functionality at a lower price. It implies that the demand for compound chocolate is increasing, as compound chocolate replicates the coverture or real chocolate at a lower price.
- The functionalities are driving the growth of the market in the developing regions of Eastern Europe, whereas, the strict regulations in the European Union are hindering the growth of the market.
- Russia and France are expected to retain their dominant position in the European market during the forecast period.
