Food and Beverage Industry Chocolate Market Analysis | Page 2

and political instability in the economies manufacturing cacao are the restraints for the growth
of global chocolate market.
Request sample copy of this Report,
https://www.coherentmarketinsights.com/insight/request-sample/998
Browse 200 market data tables* and 90 figures* on "Chocolate” - Global forecast to 2025.
Key Trends and Analysis of Chocolate Market:
1.
On the basis of flavor, milk chocolate segment dominates the global chocolate market,
followed by dark chocolate. Milk chocolate market contributed to 39.65% share in 2016
and it is growing at a CAGR of 6.0% during the forecast period of 2017 - 2025. Dark
chocolate is fastest growing segment growing with a CAGR of 8.3% during the forecast
period. Dark chocolate are made from cocoa, which has major health benefits, such as
blood flow rate improving and it can reduce the risk of cardiovascular diseases.
Therefore, with increase in awareness about the benefits of dark chocolate market for
the same is expected to increase over the forecast period.
2. In the product type, molded bars segment is dominant. It was valued at US$ 35.34
billion in 2016 and it is growing with a CAGR of 6.7% during the forecast period of 2017
- 2025.
3. On the basis of price range, economy range chocolate segment dominated the
chocolate market, owing to its affordable price and high consumption rate during
festival season.
To know the latest trends and insights prevalent in this market, click the link below:
https://www.coherentmarketinsights.com/market-insight/chocolate-market-998
Key Takeaways of the Market:
1.
Europe led the chocolate market and was valued at US$ 29.07 billion in 2016. Owing
to the presence of large number of manufactures especially in U.K. and Germany.