Global Fortified Dark Chocolate Market, By Type (70% Cocoa Dark Chocolate, 75% Cocoa Dark Chocolate, 80% Cocoa Dark Chocolate, 90% Cocoa Dark Chocolate), Product (Bitter Chocolate, Pure Bitter Chocolate, Semi-Sweet Chocolate), Distribution Channel (Online Sales, Offline Sales), Application (Beverages, Food, Personal Care and Cosmetics, Pharmaceuticals, Others), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights Fortified Dark Chocolate Market
Data Bridge Market Research analyses that the global fortified dark chocolate market to account USD 27.48 billion by 2029 by growing at a CAGR of 10.60% in the forecast period of 2022-2029.
Dark chocolate containing microencapsulated phytosterols (MPs) has been developed to reduce cholesterol in individuals. Studies show that dark chocolate — when it is not loaded with sugar and saturated fat — is indeed a heart-healthy chocolate treat and more. Dark chocolate is rich in disease-fighting antioxidants. Studies show it can help reduce blood pressure and lower your risk of heart disease.
The growing health benefits linked with fortified dark chocolates is the major factor accelerating the growth of the fortified dark chocolate market. Furthermore, rising demand for premium dark chocolates as gifts, growing online sales, players introducing more limited edition seasonal chocolates, and expanding marketing initiatives are also expected to drive the growth of the fortified dark chocolate market. However, expensive raw materials and uncertain climatic condition restrains the fortified dark chocolate market, whereas, the increasing number of chocolate substitutes in the market will challenge market growth.
In addition, rising disposable income and changes in eating habits will create ample opportunities for the fortified dark chocolate market.
This fortified dark chocolate market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on fortified dark chocolate market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Fortified Dark Chocolate Market Scope and Market Size
The fortified dark chocolate market is segmented on the basis of type, product, distribution channel and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the fortified dark chocolate market is segmented into70% cocoa dark chocolate, 75% cocoa dark chocolate, 80% cocoa dark chocolate and 90% cocoa dark chocolate.
- On the basis of product, the fortified dark chocolate market is segmented into bitter chocolate, pure bitter chocolate and semi-sweet chocolate.
- On the basis of distribution channel, the global fortified dark chocolate market is segmented into online sales and offline sales.
- On the basis of application, the fortified dark chocolate market is segmented into beverages, food, personal care and cosmetics, pharmaceuticals and others.
Fortified Dark Chocolate Market Country Level Analysis
The fortified dark chocolate market is segmented on the basis of type, product, distribution channel and application.
The countries covered in the fortified dark chocolate market report are U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa.
North America and Europe dominate the fortified dark chocolate market and will continue to flourish its trend of dominance during the forecast period owing to the evolving consumer trends and complying with cocoa and chocolate certification will be key to maintaining and consolidating market position in this region. Asia-Pacific and Europe region is expected to score the highest growth rate due to increasing number of specialty retailers and increasing recent change in the lifestyle and consumption pattern on this region.
The country section of the fortified dark chocolate market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Fortified Dark Chocolate Market Share Analysis
The fortified dark chocolate market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to fortified dark chocolate market.
Some of the major players operating in the fortified dark chocolate market are Mondelez International., Mars, Incorporated, Barry Callebaut, The Hershey Company, Ferrero, Cargill Incorporated, LOTTE Co. Ltd. Chocoladefabriken Lindt & Sprüngli AG, Yildiz Holdings, Moonstruck Chocolatier, Meiji Holdings Co. Ltd., Blommer Chocolate Company, Foley’s Candies LP, Kerry Group., FUJI OIL CO., LTD, Clasen Quality Coatings, Inc., GODIVA, pladis global, General Mills Inc., GUTA GROUP United Confectioner and NATRA among others.
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