Los Angeles, CA -- (SBWire) -- 04/24/2019 --Industrial chocolate is a typically sweet, usually brown, food preparation of theobroma cacao seeds, roasted and ground, often flavored, as with vanilla. It is made in the form of a liquid, or in a block, or used as a flavoring ingredient in other foods.
Industrial chocolate industry has low technology barrier and is labor intensive industry. Currently, there are many producing companies in the industrial chocolate industry. The main players are Barry Callebaut, Cargill, Nestle SA, Mars and Hershey. The market can be broadly categorized as open market and captive market. Barry Callebaut is the market leader in open market while for captive market the market is dominated by Nestle SA, Mars and Hershey.
The global Industrial Chocolate market was 50000 million US$ in 2018 and is expected to 71600 million US$ by the end of 2025, growing at a CAGR of 4.6% between 2019 and 2025.
This report studies the Industrial Chocolate market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Industrial Chocolate in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Barry Callebaut
Cargill
Nestle SA
Mars
Hershey
Blommer Chocolate Company
FUJI OIL
Puratos
Cémoi
Irca
Foley's Candies LP
Kerry Group
Guittard
Ferrero
Alpezzi Chocolate
Valrhona
By the product type, the market is primarily split into
Dark Chocolate
Others
By the end users/application, this report covers the following segments
Chocolate Bars
Flavoring Ingredient
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