South America Compound Chocolate Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

South America Compound Chocolate Market is segmented by Flavor (Dark, Milk, White and Other Flavor), Product (Chocolate Chips/Drops/Chunks, Chocolate Slab, Chocolate Coatings, and Other Products), Application (Compound Chocolates, Bakery, Confectionery and Ice Cream and Frozen Desserts) and Geography.

South America Compound Chocolate Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

South America Compound Chocolate Market Size

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South America Compound Chocolate Market Size
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2019 - 2023
CAGR 5.73 %
Market Concentration Low

Major Players

South America Compound Chocolate Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of South America Compound Chocolate Market with other markets in Food & Beverage Industry

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South America Compound Chocolate Market Analysis

The South America Compound Chocolate Market is expected to register a CAGR of 5.73% during the forecast period.

  • Increasing demand of low priced cocoa based products has increased the demand of compound chocolates in South America. The major market drivers include, increased price of cocoa butter, limited supply of cocoa products in the market, cheaper price of compound chocolate, and increasing demand in industrial and bakery applications is driving the market growth in the region.
  • Many varieties of vegetable oils, like palm, shea, and mango kernel, if blended in proper proportions, can produce physical properties in the final products that are better than those obtained using cocoa butter. Manufacturers are, thus, trying different methods in order to enhance the sensory profile of compound chocolate.

South America Compound Chocolate Industry Overview

South American compound chocolate market is primarily dominated by a few top players. The most active companies are - Cargill, Puratos, Unigra, Santa Barabar Chocolate, Blommer Chocolate Company, The Barry Callebaut Group, and Aalast Chocolate among others.

South America Compound Chocolate Market Leaders

  1. The Barry Callebaut Group

  2. Cargill Incorporated

  3. Puratos NV

  4. Santa Barbara Chocolate

  5. *Disclaimer: Major Players sorted in no particular order
Cargill, Puratos, Unigra, Santa Barabar Chocolate, Blommer Chocolate Company, The Barry Callebaut Group, and Aalast Chocolate
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South America Compound Chocolate Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Deliverables
  • 1.2 Study Assumptions
  • 1.3 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

  • 3.1 Market Overview

4. MARKET DYNAMICS

  • 4.1 Market Drivers
  • 4.2 Market Restraints
  • 4.3 Porter's Five Force 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 Flavor
    • 5.1.1 Dark
    • 5.1.2 Milk
    • 5.1.3 White
    • 5.1.4 Other Flavors
  • 5.2 By Product
    • 5.2.1 Chocolate Chips/Drops/Chunks
    • 5.2.2 Chocolate Slab
    • 5.2.3 Chocolate Coatings
    • 5.2.4 Other Products
  • 5.3 By Application
    • 5.3.1 Compound Chocolates
    • 5.3.2 Bakery
    • 5.3.3 Confectionery
    • 5.3.4 Ice Cream and Frozen Desserts
  • 5.4 By Geography
    • 5.4.1 Brazil
    • 5.4.2 Argentina
    • 5.4.3 Rest of South America

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
    • 6.4.2 Puratos NV
    • 6.4.3 The Barry Callebaut Group
    • 6.4.4 Santa Barbara Chocolate
    • 6.4.5 Blommer Chocolate Company
    • 6.4.6 Aalst Chocolate Pte Ltd
    • 6.4.7 Sephra
    • 6.4.8 Unigra
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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South America Compound Chocolate Industry Segmentation

The scope of the market includes South America compound chocolate market, segmented by Flavor, which includes dark, milk, white and other flavor. By product, it is segmented as chocolate chips/drops/chunks, chocolate slab, chocolate coatings and other products and by application, the market is segmented as compound chocolates, bakery, confectionery and ice cream and frozen desserts.

By Flavor Dark
Milk
White
Other Flavors
By Product Chocolate Chips/Drops/Chunks
Chocolate Slab
Chocolate Coatings
Other Products
By Application Compound Chocolates
Bakery
Confectionery
Ice Cream and Frozen Desserts
By Geography Brazil
Argentina
Rest of South America
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South America Compound Chocolate Market Research FAQs

What is the current South America Compound Chocolate Market size?

The South America Compound Chocolate Market is projected to register a CAGR of 5.73% during the forecast period (2025-2030)

Who are the key players in South America Compound Chocolate Market?

The Barry Callebaut Group, Cargill Incorporated, Puratos NV and Santa Barbara Chocolate are the major companies operating in the South America Compound Chocolate Market.

What years does this South America Compound Chocolate Market cover?

The report covers the South America Compound Chocolate Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the South America Compound Chocolate Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

South America Compound Chocolate Industry Report

Statistics for the 2025 South America Compound Chocolate market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. South America Compound Chocolate analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.