Food Service Chocolate Market Size - By Type (Dark Chocolate, Milk Chocolate and White Chocolate), By Application (Hotel Restaurants, Cafes, Bakeries) & Region – Forecasts By 2022-2030
- PUBLISHED ON
- 2024-09-27
- NO OF PAGES
- 256
- CATEGORY
- Food & Beverages
Chocolate was a trendy drink for rich Europeans throughout the 18th century. The Industrial Revolution allowed chocolate to be mass-produced and brought the treat to the masses. The popularity led to the development of cacao tree plantations. Enslaved people farmed most of the plantations.
Food Service Chocolate Market – Overview
It is estimated for the global foodservice chocolate market to grow at a CAGR of 5.4% during the forecast period of 2022 to 2030. The market witnessed growth at a healthy CAGR during the forecast period of 2018 to 2021. The increasing number of chocolate lovers across the globe is estimated to drive the growth of the market during the forecast period.
The increasing number of chocolate lovers around the globe coupled with the increasing use of chocolate in various arenas including that cold drinks, various food items, ice creams and so on are the factors that are estimated to boost the growth of the market during the forecast period. These factors played a major role in the growth of the market even during the previous forecast period of 2018 to 2021.
The health benefits associated with eating chocolates are also a factor that is estimated to boost the growth of the market during the forecast period. The population is being aware of the hazards associated with eating the chocolates such as the increase in sugar levels. And the increasing diabetic population around the globe is estimated to hinder the growth of the market during the forecast period.
Food Service Chocolate Market – Key Trends
Increasing use of chocolates in various arenas to boost the market
The increasing number of chocolate lovers around the globe coupled with the increasing use of chocolate in various arenas including that cold drinks, various food items, ice creams and so on are the factors that are estimated to boost the growth of the market during the forecast period. These factors played a major role in the growth of the market even during the previous forecast period of 2018 to 2021.
An increasing number of diabetic population hampers the growth of the market
The health benefits associated with eating chocolates are also a factor that is estimated to boost the growth of the market during the forecast period. The population is being aware of the hazards associated with eating the chocolates such as the increase in sugar levels. And the increasing diabetic population around the globe is estimated to hinder the growth of the market during the forecast period.
Food Service Chocolate Market – Segmental Assessment
Segment by Type
• Dark Chocolate
• Milk Chocolate
• White Chocolate
It is estimated for the milk chocolate segment to boost the growth of the market during the forecast period.
Segment by Application
• Hotel Restaurants
• Cafes
• Bakeries
• Other
It is estimated for the Cafes segment to boost the growth of the market during the forecast period.
Food Service Chocolate Market –Geographical Landscape
It is estimated for the region of Asia Pacific to drive the growth of the market during the forecast period. The growing population in the region is estimated to foster the growth of the market during the forecast period. The region of Europe is estimated to witness growth at a healthy rate during the forecast period. The US region is also estimated to witness a notable growth rate in the market.
Food Service Chocolate Market – Competitive Hierarchy
FUJI OIL, Aalst Chocolate, Puratos, Cocoa-linna Food Trading (shanghai) Co.,ltd, Apple FlavorandFragrance Group, Shanghai Yicheng Food Co., Ltd., Shanghai Hi-Road Food Technology Co., Ltd., SEE GREAT, Qingdao Miaopin Chocolate Co., Ltd., Cargill, Cemoi, Irca, Natra, Baronie and EUROCAO are the major players that are driving the growth of the market during the forecast period.
Report Scope
Global Food Service Chocolate Market : Historical Years (2018 to 2021)
Global Food Service Chocolate Market : Forecast years (2022 to 2030)
Global Sonar System Market CAGR 5.4%
Key Segments Reported
By Type (Dark Chocolate, Milk Chocolate and White Chocolate)
By Application (Hotel Restaurants, Cafes, Bakeries and Other)
Major regions and countries covered
• North America
• Europe
• Asia Pacific
• Middle East
• Rest of the World
1.
Global
Food Service Chocolate Market Introduction and Market Overview
1.1. Objectives
of the Study
1.2. Food Service Chocolate Market
Definition & Description
1.3. Global
Food Service Chocolate Market Scope and Market Estimation
1.3.1. Global
Food Service Chocolate Overall Market Size, Revenue (US$ Mn), Market CAGR (%),
Market forecast (2023-2033)
1.3.2. Global
Food Service Chocolate Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2019-2033
1.4. Market
Segmentation
1.4.1. Type
of Global Food Service Chocolate Market
1.4.2. Application
of Global Food Service Chocolate Market
1.4.3. Region
of Global Food Service Chocolate Market
2.
Executive
Summary
2.1. Global
Food Service Chocolate Market
Industry Trends under COVID-19 Outbreak
2.1.1. Global
COVID-19 Status Overview
2.1.2. Influence
of COVID-19 Outbreak on Global Food
Service Chocolate Market Industry Development
2.2. Market
Dynamics
2.2.1. Drivers
2.2.2. Limitations
2.2.3. Opportunities
2.2.4. Impact
Analysis of Drivers and Restraints
2.3. Pricing
Trends Analysis & Average Selling Prices (ASPs)
2.4. Key
Mergers & Acquisitions, Expansions, JVs, Funding / VCs, etc.
2.5. Porter’s
Five Forces Analysis
2.5.1. Bargaining
Power of Suppliers
2.5.2. Bargaining
Power of Buyers
2.5.3. Threat
of Substitutes
2.5.4. Threat
of New Entrants
2.5.5. Competitive
Rivalry
2.6. Value
Chain / Ecosystem Analysis
2.7. PEST
Analysis
2.8. Russia-Ukraine
War Impacts Analysis
2.9. Economic
Downturn Analysis
2.10. Market
Investment Opportunity Analysis (Top Investment Pockets), By Segments & By
Region
3.
Global
Food Service Chocolate Market Estimates & Historical Trend Analysis (2020 -
2022)
4.
Global
Food Service Chocolate Market Estimates & Forecast Trend Analysis, by Type
4.1. Global
Food Service Chocolate Market Revenue (US$ Mn) Estimates and Forecasts, by Installation,
2023 to 2033
4.1.1. Dark
Chocolate
4.1.2. Milk
Chocolate
4.1.3. White
Chocolate
5.
Global
Food Service Chocolate Market Estimates & Forecast Trend Analysis, by Application
5.1. Global
Food Service Chocolate Market Revenue (US$ Mn) Estimates and Forecasts, by
Installation, 2023 to 2033
5.1.1. Hotel
Restaurants
5.1.2. Cafes
5.1.3. Bakeries
6.
Global
Food Service Chocolate Market Estimates & Forecast Trend Analysis, by Region
6.1. Global
Food Service Chocolate Market Revenue (US$ Mn) Estimates and Forecasts, by Region,
2023 to 2033
6.1.1. North
America
6.1.2. Europe
6.1.3. Asia
Pacific
6.1.4. Middle
East & Africa
6.1.5. South
America
7.
North America Food Service Chocolate Market: Estimates & Forecast Trend Analysis
7.1. North
America Food Service Chocolate Market Assessments & Key Findings
7.1.1. North
America Food Service Chocolate Market Introduction
7.1.2. North
America Food Service Chocolate Market Size Estimates and Forecast (US$ Million)
(2023 to 2033)
7.1.2.1. By Type
7.1.2.2. By Application
7.1.2.3. By
Country
7.1.2.3.1. The
U.S.
7.1.2.3.2. Canada
7.1.2.3.3. Mexico
8.
Europe Food Service Chocolate Market: Estimates & Forecast Trend Analysis
8.1. Europe
Food Service Chocolate Market Assessments & Key Findings
8.1.1. Europe
Food Service Chocolate Market Introduction
8.1.2. Europe
Food Service Chocolate Market Size Estimates and Forecast (US$ Million) (2023
to 2033)
8.1.2.1. By Type
8.1.2.2. By Application
8.1.2.3. By
Country
8.1.2.3.1. Germany
8.1.2.3.2. U.K.
8.1.2.3.3. France
8.1.2.3.4. Italy
8.1.2.3.5. Spain
8.1.2.3.6. Russia
8.1.2.3.7. Rest
of Europe
9.
Asia Pacific Food Service Chocolate Market: Estimates & Forecast Trend Analysis
9.1. Asia
Pacific Market Assessments & Key Findings
9.1.1. Asia
Pacific Food Service Chocolate Market Introduction
9.1.2. Asia
Pacific Food Service Chocolate Market Size Estimates and Forecast (US$ Million)
(2023 to 2033)
9.1.2.1. By
Type
9.1.2.2. By
Application
9.1.2.3. By
Country
9.1.2.3.1. China
9.1.2.3.2. Japan
9.1.2.3.3. India
9.1.2.3.4. Australia
9.1.2.3.5. South
Korea
9.1.2.3.6. ASEAN
9.1.2.3.7. Rest
of Asia Pacific
10. Middle
East & Africa Food
Service Chocolate Market: Estimates
& Forecast Trend Analysis
10.1. Middle
East & Africa Market Assessments & Key Findings
10.1.1. Middle East & Africa Food
Service Chocolate Market Introduction
10.1.2. Middle East & Africa Food
Service Chocolate Market Size Estimates and Forecast (US$ Million) (2023 to
2033)
10.1.2.1. By Type
10.1.2.2. By Application
10.1.2.3. By
Country
10.1.2.3.1.
U.A.E.
10.1.2.3.2.
Saudi Arabia
10.1.2.3.3.
Egypt
10.1.2.3.4.
South Africa
10.1.2.3.5.
Rest of Middle East &
Africa
11. South
America Food
Service Chocolate Market: Estimates
& Forecast Trend Analysis
11.1. South
America Market Assessments & Key Findings
11.1.1. South
America Food Service Chocolate Market Introduction
11.1.2. South
America Food Service Chocolate Market Size Estimates and Forecast (US$ Million)
(2023 to 2033)
11.1.2.1. By Type
11.1.2.2. By Application
11.1.2.3. By
Country
11.1.2.3.1.
Brazil
11.1.2.3.2.
Argentina
11.1.2.3.3.
Colombia
11.1.2.3.4.
Rest of South America
12. Competition
Landscape
12.1. Global
Food Service Chocolate Market Competition Matrix & Benchmarking, by Leading
Players / Innovators / Emerging Players / New Entrants
12.2. Global
Food Service Chocolate Market Concentration & Company Market Shares (%)
Analysis, 2022
13. Company
Profiles
13.1. FUJI OIL
13.1.1. Company
Overview & Key Stats
13.1.2. Financial
Performance & KPIs
13.1.3. Product
Portfolio
13.1.4. Business
Strategy & Recent Developments
* Similar details would be provided for all the
players mentioned below
13.2. Aalst Chocolate
13.3. Puratos
13.4. Cocoa-linna Food Trading (shanghai) Co.ltd
13.5. Apple FlavorandFragrance Group
13.6. Shanghai Yicheng Food Co. Ltd.
13.7. Shanghai Hi-Road Food Technology Co. Ltd.
13.8. SEE GREAT
13.9. Qingdao Miaopin Chocolate Co. Ltd.
13.10. Cargill
13.11. Cemoi
13.12. Irca
13.13. Natra
13.14. Baronie
13.15. EUROCAO
13.16. Others**
14. Research Methodology
14.1. External
Transportations / Databases
14.2. Internal
Proprietary Database
14.3. Primary
Research
14.4. Secondary
Research
14.5. Assumptions
14.6. Limitations
14.7. Report
FAQs
15. Research Findings &
Conclusion
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Case Study- Automotive Sector
One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).
Solution
The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research
The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.
Market Estimates and Forecast
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Case Study- ICT Sector
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Business Solution
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Conclusion
The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.
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