Market Size in 2023 | Market Forecast in 2032 | Growth Rate (in %) | Base Year |
---|---|---|---|
USD 942.51 Million | USD 1,626.47 Million | CAGR at 6.25% | 2023 |
According to the report published by Zion Market Research, The Global Chocolate Inclusions Decorations Market size was valued at USD 942.51 Million in 2023 and is predicted to reach USD 1626.47 Million by the end of 2032. The market is expected to grow with a CAGR of 6.25% during the forecast period. The report analyzes the global Chocolate Inclusions Decorations Market’s growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the rising opportunities in the Chocolate Inclusions Decorations Market industry.
The chocolate inclusions are used for increasing the texture and the chocolate decorations are used for enhancing the overall looks of the food products. The chocolate inclusions and decorations increase the appeal of the product by making them attractive and rich in flavor.
The market player Dawn has introduced Dobla-branded chocolate decorations. They give the cakes and the desserts the perfect finishing touch. The product range includes shavings, curls, and all the shapes which adds the aesthetic value of the product.
The chocolate inclusions & decorations market is fragmented into its end use and chocolate type.
Based on the end-use, the chocolate inclusions &decorations market is segregated into chocolates, pastries and muffins, desserts, ice creams, cakes and cupcakes, creampies and others.
Based on the type of chocolate, the market is categorized into white chocolate, dark chocolate and milk chocolate.
In some of the scientific studies, the health benefits of consuming chocolates were proven which positively benefited the growth of the chocolate inclusions &decorations market. The benefits of consuming dark chocolate are it prevents the cardiovascular problems and also helps in lowering the blood pressure. It is owing to the factor that dark chocolates are good sources of nutrition such as magnesium, manganese, iron, copper, and others.
The factors that are influencing the growth of the chocolate inclusions &decorations market are the growing number of health-conscious people, rising awareness among the people about the benefits of chocolate, and the growing demand for the chocolates in the bakery and confectionery sector fuels the growth of the market.
There is an increased demand for organic chocolates and sugar-free chocolates as consumers are considering using the chocolates in the form of inclusions &decorations instead of having them directly. The chocolate inclusions &decorations give that extra texture to the food products and also enhance the flavor. Thus they are increasingly used in the dairy, bakery and confectionery sectors.
The regions that have the major share in the chocolate inclusions & decorations market are North America and Western Europe. The major factor that is contributing to the growth of the market is the expanding confectionery industry and the increasing demand for bakery products.
The demand for the chocolate inclusions & decorations market is increasing in the Asia Pacific region owing to the growing population and the increasing number of food manufacturers in this region.
Report Attributes | Report Details |
---|---|
Report Name | Chocolate Inclusions Decorations Market Research Report |
Market Size in 2023 | USD 942.51 Million |
Market Forecast in 2032 | USD 1626.47 Million |
Growth Rate | CAGR of 6.25% |
Number of Pages | 201 |
Key Companies Covered | Kayem Foods, Chocolate Smet Canada Inc., Kanegrade Limite, Orchard Valley Foods, Confection by Design, Dawn Foods, Barry Callebaut, Cargill Cocoa&Chocolate, Nimbus Foods, Carroll, Industries NZ Ltd., ifiGOURMET. |
Segments Covered | By Type, By End Use and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The key market players that are involved in the chocolate inclusions&decorations market include
By Type
By End User
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