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Chocolate Confectionery Market Latest Trends, Key Players, Segmentation and Forecast by 2027
The global chocolate confectionery market size is projected to reach USD 136.42 billion by 2027, exhibiting a CAGR of 2.3% during the forecast period. Widespread awareness regarding the potential health benefits of chocolate is expected to play a central role in driving the growth of this market. Chocolate products, especially dark chocolate, offer a plethora of health benefits. Dark chocolate and cocoa are known to have more flavanols, polyphenols, and antioxidants compared to acai berries, blueberries, and many other naturally occurring consumable foods. Further, a dark chocolate bar holds considerable amounts of iron, copper, and fiber, bolstered with an additional variety of other nutrients. A research study in the National Institutes of Health found that consuming dark chocolate helps regulate blood pressure more efficiently as the presence of flavanols can activate the lining within the arteries, reducing the impediments to blood flow and lowering the risk of heart disorders. These benefits of dark chocolate are surging their consumption, which is propelling the global market growth.
List of Key Players Covered in the Chocolate Confectionery Market Report are:
Mars Inc. (Virginia, U.S.)
The Hershey Company (Pennsylvania, U.S.)
Mondelez International (Illinois, U.S.)
Ferrero SpA (Alba, Italy)
Nestle S.A. (Vevey, Switzerland)
Ezaki Glico Co., Ltd. (Osaka, Japan)
Meiji Holdings Co., Ltd. (Tokyo, Japan)
HARIBO GmbH & Co. KG (Bonn, Germany)
Chocoladefabriken Lindt & Sprungli AG (Zürich, Switzerland)
Barry Callebaut (Zürich, Switzerland)
Regional Insights
North America to Have Dominating Lead in the Market Backed by High Demand for Premium Chocolates
With a market size of USD 19.50 billion in 2019, North America is anticipated to lead the chocolate confectionery market share during the forecast, mainly owing to the high demand for premium chocolate snacks and products among the consumers in the region. However, in the US, whose market volume stood at 1,410.20 thousand tons in 2019, the market is expected to experience limited growth owing to increasing resistance to high-sugar chocolate confectioneries and rising preference for low-sugar confectionery items.
In Europe, chocolate items are a central component in festivals in the region, which is the major factor augmenting the market growth. In Asia-Pacific, per capita consumption of chocolate products is increasing as a result of growing disposable income in the region. Large proportion of young population and evolving taste preferences are having a considerable influence on the growth trajectory of the market in the region.
Competitive Landscape
Heavy Investments in R&D by Key Players to Create Healthy Competitive Atmosphere
The market for chocolate confectioneries is characterized by a healthy competitive climate as top companies are directing their energies towards elevating their R&D capabilities. Moreover, some players in this market are also engaging in efforts towards establishing sustainable agriculture practices in key cocoa producing regions.
Industry Developments:
July 2020: Mars, Incorporated announced its collaboration with World Agroforestry and the International Fund for Agricultural Development to initiate a 5-year-long research project called Sustainable Farming in Tropical Asian Landscapes. The project will be directed towards sustainably connecting small-scale cocoa and palm oil producers in Indonesia and the Philippines to global supply chains.
October 2019: India-based ITC Limited released the world’s most expensive chocolate under its Fabelle brand. Priced at INR 4.3lakh per kilogram, the limited edition luxury chocolate dubbed ‘Trinity – Truffles Extraordinaire’ entered into the Guinness Book of World Records as the world’s costliest chocolate product.
Browse In-depth Summary of This Research Insight:
https://www.fortunebusinessins....ights.com/industry-r
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Deep Learning in Drug Discovery market Research Report by 2022, Forecast till 2035
The traditional statistical tools and techniques available for medical data interpretation are known to be associated with challenges related to time and cost.
This has prompted industry stakeholders to explore the applications of deep learning-based technologies, specifically across drug discovery and diagnosis. In addition, recent investments made in this domain are likely to offer lucrative opportunities to companies offering deep learning-based technologies / solutions within the healthcare industry.
The financial opportunity associated with cell therapy manufacturing market has been analyzed across the following segments:
Therapeutic Area
Oncological Disorders
Infectious Diseases
Neurological Disorders
Immunological Disorders
Endocrine Disorders
Cardiovascular Disorders
Respiratory Disorders
Ophthalmic Disorders
Musculoskeletal Disorders
Inflammatory Disorders
Other Disorders
Key Geographical Regions
North America
Europe
Asia Pacific
Rest of the World
The Deep Learning in Drug Discovery and Deep Learning in Diagnostics Market (2nd Edition), 2023-2035 report features the following companies, which we identified to be key players in this domain:
Aegicare
Aiforia Technologies
Ardigen
Berg
Google
Huawei
Merative
Nference
NVIDIA
Owkin
Phenomic AI
Pixel AI
Table of Contents
1. PREFACE
2. EXECUTIVE SUMMARY
3. INTRODUCTION
4. MARKET OVERVIEW: DEEP LEARNING IN DRUG DISCOVERY
5. MARKET OVERVIEW: DEEP LEARNING IN DIAGNOSTICS
6. COMPANY PROFILES
7. PORTER’S FIVE FORCES ANALYSIS
8. CLINICAL TRIAL ANALYSIS
9. FUNDING AND INVESTMENT ANALYSIS
10. START-UP HEALTH INDEXING
11. COMPANY VALUATION ANALYSIS
12. MARKET SIZING AND OPPORTUNITY ANALYSIS: DEEP LEARNING IN DRUG DISCOVERY
13. MARKET SIZING AND OPPORTUNITY ANALYSIS: DEEP LEARNING IN DIAGNOSTICS
14. DEEP LEARNING IN HEALTHCARE: EXPERT INSIGHTS
15. CONCLUDING REMARKS
16. INTERVIEW TRANSCRIPTS
17. APPENDIX 1: TABULATED DATA
18. APPENDIX 2: LIST OF COMPANIES AND ORGANIZATIONS
To view more details on this report, click on the link
https://www.rootsanalysis.com/....reports/view_documen
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About Roots Analysis
Roots Analysis is a global leader in the pharma / biotech market research. Having worked with over 750 clients worldwide, including Fortune 500 companies, start-ups, academia, venture capitalists and strategic investors for more than a decade, we offer a highly analytical / data-driven perspective to a network of over 450,000 senior industry stakeholders looking for credible market insights.
Contact:
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