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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
  • 1970-01-01
  • NO OF PAGES
  • 256
  • CATEGORY
  • Food & Beverages
Food Service Chocolate Market – Description
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

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.

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

Quality Assurance Process

  1. We Market Research’s Quality Assurance program strives to deliver superior value to our clients.

We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process




We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.

To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
  • Project kickoff meeting with client
  • Conduct frequent client communications
  • Form project steering committee
  • Assign a senior SR executive as QA Executive
  • Conduct internal editorial & quality reviews of project deliverables
  • Certify project staff in SR methodologies & standards
  • Monitor client satisfaction
  • Monitor realized value post-project

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

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


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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