In addition to these two countries, supply is also witnessing an increase from Liberia and Guinea. 13.3 Product Pricing and Margins Across Various Levels of the Supply Chain This has led leading chocolate companies, such as Ferrero and Mars to invest in broadening their range of offerings. 11.4 Machinery Pictures In the world of marketing you're told how to write sales letters, how to write great headlines, etc. Figure 8: Global: Chocolate Market: Share of Key Players (in %), 2019 7.6.1 Market Trends 6.8.1 Overview The global dark chocolate market reached a value of US$ 45.6 Billion in 2018, growing at a CAGR of 7.6% during 2011-2018. Figure 31: Asia: Dark Chocolate Market Forecast: Sales Volume (in '000 Tons), 2020-2025 In addition to West Africa, supply of cocoa beans to international manufacturers is also growing from Latin American countries. The increasing demand and growing popularity of dark and organic chocolates are fuelling the market’s growth. The greater amount of flavonoids contributes to darker chocolate and potentially greater health benefits. 6.3 Price Analysis 10.3 Various Types of Unit Operations Involved This trend has amplified the global sales of cocoa powd… 7.1 Western Europe The global chocolate market is expected to reach an outstanding figure of USD 187.08 Billion by 2027. 6.9.1 Overview What are the raw material requirements for setting up a dark chocolate manufacturing plant? 6.9.5 Threat of New Entrants 7.4.1 Market Trends Figure 12: Global: Dark Chocolate Market: Value Trends (in US$ Million), 2014-2019 9 Competitive Landscape What is the degree of competition in the global dark chocolate industry? As manufacturers are focusing on inducing a sense and perception of ‘healthy’ in their offerings, the packaging designs and materials have also witnessed changes. Global Dark Chocolate Market, By Product Type (Paste, Powder, Butter, Beans, Others), By Sale Segment (Premium Chocolate, Everyday Chocolate, Seasonal Chocolate), By End-Use (Bakery, Confectionaries, Functional Food, Drinks & Beverages, Others) By Region (North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, Rest of the World) – Market Size & Forecasting (2016-2025) Features PROMOTIONAL MIX Charity ANNUAL LADY GODIVA PROGRAM HONOREES Though the demand is elastic, Godiva still keeps a higher price compares to the Innovations in the packaging of dark chocolates and its usage as a gift is also contributing towards the growth of the global market. Table 2: Global: Dark Chocolate Market: Key Industry Highlights, 2019 and 2025 6.7 SWOT Analysis Chocolove delivered on all these counts with their Strong Dark Chocolate (that contains 70% cocoa!). Global Dark Chocolate Market Research Report 2018 by Manufacturers, Regions, Types and Applications has complete details about market of Dark Chocolate industry, Dark Chocolate analysis and current trends. 6.7.1 Overview Figure 25: Western Europe: Dark Chocolate Market Forecast: Sales Volume (in '000 Tons), 2020-2025 Figure 36: Australasia: Dark Chocolate Market: Sales Volume (in '000 Tons), 2014 & 2019 Ivory Coast and Ghana continue to maintain their position as the leading suppliers of cocoa beans to Europe and North America. It contains a very high percentage of cocoa solids, generally more than 60% with little or no added sugar. Only instead of giving your cold calls hot chocolate, provide them with some targeted marketing. 6.9.6 Threat of Substitutes 6.9 Porters Five Forces Analysis China also makes Euromonitor’s top 10 growing chocolate markets with a 8.7% CAGR over the period. Cadbury:顺滑(smooth) It’s true that in China, taste is the most important factor, but compared to western consumers, Chinese consumers don’t care about the taste nearly as much. What are the capital costs for setting up a dark chocolate manufacturing plant? Demand for premium chocolate is particularly higher in North America and Western Europe. The report has further segmented the market on the basis of region, covering Western Europe, North America, Eastern Europe, Asia, Latin America, Middle East and Africa and Australasia. 6.8.6 Chocolate Manufacturers 14 Key Player Profiles, Figure 1: Global: Dark Chocolate Market: Major Drivers and Challenges Figure 14: Global: Dark Chocolate Market: Average Prices (in US$/Ton), 2014-2019 10.1 Product Overview 11.7 Packaging Requirements and Expenditures 8 Performance by Distribution Channel What are the manpower requirements for setting up a dark chocolate manufacturing plant? What are the infrastructure costs for setting up a dark chocolate manufacturing plant? Figure 30: Asia: Dark Chocolate Market: Sales Volume (in '000 Tons), 2014 & 2019 The India Chocolate Market is growing appetite for premium chocolate and the availability of dark chocolate brands such as Lindt, Hershey, Toblerone among others has led to the increased market penetration for dark … 6.8.2 Cocoa Growers 11.2 Construction Requirements and Expenditures This site uses cookies, including third-party cookies, that help us to provide and improve our services. IT TASTE NICE!!! Figure 43: Global: Dark Chocolate Market Forecast: Sales through Non-Grocery Retailers (in '000 Tons), 2020-2025 Table 5: Global: Dark Chocolate Market: Competitive Structure Some of the noteworthy trends which the market is observing is inclusive of growing health benefits related to dark chocolates that are rich in cocoa, increasing demand for dark chocolates that are premium based and are produced as gifts, manufacturers presenting more controlled edition seasonal chocolates as well as flourishing marketing initiatives. Table 8: Dark Chocolate Manufacturing Plant: Costs Related to Civil Works (in US$) 6 Global Dark Chocolate Industry 7.1.2 Market Forecast Figure 35: Middle East and Africa: Dark Chocolate Market Forecast: Sales Volume (in '000 Tons), 2020-2025 The latest report by IMARC Group titled, “Dark Chocolate Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, finds that the global dark chocolate market reached a value of US$ 48.4 Billion in 2019, growing at a CAGR of 7.6% during 2014-2019. And while all of those skills count, we know for a fact that what really counts is the connection. The preference for dark chocolate over milk chocolates on accounts its health benefits continues to remain intact. 6.2 Market Performance Table 16: Dark Chocolate Manufacturing Plant: Taxation (in US$) The organic and clean label trend has swept industries across the broader food and beverage landscape. Dark Chocolate Market - Market value in 2018 - USD 44.09 Billion, Projected reach by 2026 - USD 83.34 Billion, CAGR Growth from 2019 to 2026 of 8.26%. 2.4.1 Bottom-Up Approach Table 19: Dark Chocolate Manufacturing Plant: Expenditure Projections (in US$) Statistics on dynamics of the local chocolate markets along with globalization progresses have been taken into consideration for instrumenting the contribution of all market players. 6.3.2 Price Structure Figure 44: Global: Dark Chocolate Market: Sales through Other Distribution Channel (in '000 Tons), 2014 & 2019 On the basis type, the global chocolate market is divided into Milk Chocolate, Dark Chocolate & White Chocolate. 6.7.4 Opportunities 7.3 Eastern Europe What are the profit margins in the global dark chocolate industry? The pronounced focus on quality has meant that manufacturers are now focusing on including unique cocoa beans from Latin American countries. 7.5.1 Market Trends The leading market players have focused on consumer preferences, which are likely to generate growth in regions of Latin America, Middle East, and Africa. Table 3: Global: Dark Chocolate Market Forecast: Breakup by Region (in '000 Tons), 2020-2025 What are the operating costs for setting up a dark chocolate manufacturing plant? Figure 39: Global: Dark Chocolate Market Forecast: Sales through Supermarkets and Hypermarkets (in '000 Tons), 2020-2025 This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. These companies usually supply the Forastero variety of beans to manufacturers. For businesses that want to market to a slightly more affluent clientele, it may be important to distinguish their products by intentionally setting the price point higher, thereby conveying the idea that these chocolates are more than just common candy and instead a product of higher value. 7.7.2 Market Forecast What are the key driving factors and challenges in the global dark chocolate industry? 2.1 Objectives of the Study India Chocolate Market is growing, witnessing a CAGR 12.8% over the forecast period. Table 20: Dark Chocolate Manufacturing Plant: Cash Flow Analysis Without Considering the Income Tax Liability (in US$) Find more on our privacy policy, Dark Chocolate Market Segmented By Organic Dark Chocolate, Conventional Dark Chocolate Product in Modern Trade, Specialty Stores, Departmental Stores, Online Sales. 8.1 Supermarkets and Hypermarkets The report reveals important landscapes covering the manufacturing and use of dark chocolate and examines their impact in changing the view of global dark chocolate market. This site uses cookies (including third-party cookies) to record user’s preferences which help us to 6.3.1 Key Price Indicators Chocolate makes up for 77% of all confectionery sales in Australia in a market worth $2 billion. A detailed information trailing the presence of prominent market players globally are also offered in the report. The report on the global chocolate market is segmented based on type of chocolate, sales category, and geography. 6.8.8 Exporters 7.5 Latin America Target Market “Chocoberry has never previously offered retail chocolate products for consumers”, because of that I recommend the company to use a distributor as the best option at this point of the process, since the company is able to reach the target market and access all the market desired, without the logistics issues, costs, and decreasing the trade risks. Figure 38: Global: Dark Chocolate Market: Sales through Supermarkets and Hypermarkets (in '000 Tons), 2014 & 2019 6.8.7 Distributors 5.7 Market Breakup by End-Use What are the major distribution channels in the global dark chocolate market? Figure 46: Dark Chocolate Manufacturing: Detailed Process Flow Some of the products manufactured using dark chocolate include chocolate bars, candies and baking chocolate. 8.2.2 Market Forecast enhance our services. For further information review our Privacy Policy. The study is complete and has been compiled by a team of subject matter experts from the food and beverage sector, trade specialists and research advisers. via target.com. The afore-mentioned factors are driving the global market for dark and is likely to reach a value of US$ 84,008.8Mn by 2026-end, exhibiting at 8.5% CAGR during the forecast period 2017-2026. 13.5 Income Projections link Impulse purchases account for 47% of confectionery bought, and nearly 50% of all chocolate buyers fall within the 25 – 49 year age group. ( India: +91-120-433-0800 ). Dark Chocolate Manufacturers Go Organic and Clean Label. Some of the products manufactured using dark chocolate include chocolate bars, candies and baking chocolate. Figure 9: Global: Chocolate Market Forecast: Volume Trend (in '000 Tons), 2020-2025 Table 14: Dark Chocolate Manufacturing Plant: Capital Costs (in US$) The total population of UK is divided into following age group segments: For our organic chocolate segment, we would target population ranging from year 10 to 44. 4.2 Key Industry Trends Table 18: Dark Chocolate Manufacturing Plant: Income Projections (in US$) What is the structure of the global dark chocolate industry and who are the key players? Detailed market size assessments and well-studied market size analysis are the central benefits offered by this report. Choose from contactless Same Day Delivery, Drive Up and more. 13.1 Capital Cost of the Project Figure 45: Global: Dark Chocolate Market Forecast: Sales through Other Distribution Channel (in '000 Tons), 2020-2025 2 Scope and Methodology ( UK: +44-702-409-7331 ) The global chocolate market research report provides market segmentation by product (milk chocolate, dark chocolate, white chocolate), and by region (the Americas, EMEA, and APAC). Global chocolate market is highly competitive, with the presence of numerous leading players accounting for the major share. 7.7.1 Market Trends Figure 21: Global: Dark Chocolate Industry: Value Chain Analysis 5.3 Impact of COVID-19 Some of the products manufactured using dark chocolate include chocolate bars, candies and baking chocolate. Objective data by means of qualitative estimations and market size evaluations have also been delivered in this report. The report has analysed the global dark chocolate market on the basis of distribution channels, covering super- and hyper-markets, convenience stores, non-grocery retailers and others. Established target market in New Zealand Existing distribution market Expensive to buy KEY Opportunities KEY Threats Bring out more new flavors, different taste and different colors Competition, such as lower priced chocolates Target Market segments profile. 6.3.3 Price Trends The pervasive health and wellness trend continues to influence dark chocolate market, with manufacturers incorporating organic ingredients and natural sweeteners. Moreover, it also helps in boosting blood circulation to the brain, which can improve the ability to focus; improving memory, and controlling the anxiety levels. Dark Chocolate Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025, World’s largest food event to generate record trade in Feb, Indian Dairy Firms Now Look to Sell Protein Supplements Added Milk, The Business of Health Care December 2016. The report holds many chapters that will provide a precise data on how the dark chocolate market will be developing globally in the likely future. 7.4 Asia 13.8 Profit Analysis 4.1 Overview *As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic. Figure 22: Global: Dark Chocolate Industry: Porter’s Five Forces Analysis Table 11: Dark Chocolate Manufacturing Plant: Costs Related to Utilities (in US$) Dark chocolate, also known as "bittersweet" or "semisweet" chocolate, is made from cocoa butter instead of fats such as palm and coconut oils. Ferrero: 溶在口味，回味无穷(melt in the mouth, a lasting flavor) 3. 8.3 Non-Grocery Retailers 5.6 Market Breakup by Packaging 11.1 Land, Location and Site Development Figure 11: Global: Dark Chocolate Market: Volume Trends (in '000 Tons), 2014-2019 Table 22: Dark Chocolate Manufacturing Plant: Profit and Loss Account (in US$), Note: We value your privacy and will never rent or sell your email address. 7.3.1 Market Trends 6.8 Value Chain Analysis Dark Chocolate Market mainly drive by the A big range of applications of chocolates; Dark Chocolate Market size, share and forecast by 2025; Dark Chocolate Market in North America and Europe appears to be growing really well; Switzerland, Denmark, and Belgium are the major spots for the consumption and production of dark chocolate 6.2.1 Volume Trends This is primarily on account of growing popularity of specialty or premium chocolate among end-users. 13.7 Financial Analysis For example, domestic market leader Mondelēz announced in 2013 it would build a $163m plant in Andhra Pradesh , Mars this year announced a $160m plant in Pune and Hershey setup its own subsidiary in the country in 2012. All Rights Reserved. 7.7 Australasia 7.6 Middle East and Africa 6.9.4 Degree of Rivalry Although fine flavor cocoa accounts for a single-digit share of the overall cocoa production, its demand has witnessed a spike in the recent past. 6.8.5 End Use Industries Figure 37: Australasia: Dark Chocolate Market Forecast: Sales Volume (in '000 Tons), 2020-2025 Table 21: Dark Chocolate Manufacturing Plant: Cash Flow Analysis on Considering the Income Tax Liability (in US$) 8.3.1 Market Trends Figure 48: Dark Chocolate Manufacturing: Breakup of Capital Costs (in %) This report is a must-read for entrepreneurs, investors, consultants, and all those who have any kind of stake or are planning to foray into the dark chocolate industry in any manner. 1 Preface 7.5.2 Market Forecast Figure 41: Global: Dark Chocolate Market Forecast: Sales through Convenience Stores (in '000 Tons), 2020-2025 Figure 6: Global: Chocolate Market: Breakup by Packaging (in %), 2019 6.8.9 Retailers Lindt prices are more than its competitor’s prices as it has a premium pricing strategy in its marketing mix but they have a good product quality leadership which distinguishes them from the rest of the players. Target of this product are basically all the the people who likes chocolate bars, but using advertisements like the example below, suggest that is more for adults than for children. Chocolate Market by Type of Chocolate (Dark, Milk, and White) and by Sales Category (Everyday Chocolate, Premium Chocolate, and Seasonal Chocolate): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017 – 2024 What are the packaging requirements for dark chocolate? 5.2.1 Volume Trends 11.9 Utilities Requirements and Expenditures 10.2 Detailed Process Flow Figure 47: Dark Chocolate Manufacturing: Conversion Rate of Feedstocks Catering to evolving consumer trends and complying with cocoa and chocolate certification will be key to maintaining and consolidating market position during the assessment period. This report is beneficial for evaluating competition landscape in the global market. Figure 24: Western Europe: Dark Chocolate Market: Sales Volume (in '000 Tons), 2014 & 2019 Milk chocolate segment holds the largest market share of the Global chocolate market followed by the dark chocolate … What are the transportation requirements for dark chocolate? From the slogans of big foreign brands, we can see that taste is the key factor those big companies consider: 1. "Little things" can make a bigger and longer-lasting impression on the client. Table 13: Dark Chocolate Manufacturing Plant: Costs Related to Other Capital Investments (in US$) 8.1.2 Market Forecast 7.6.2 Market Forecast 12 Dark Chocolate Manufacturing Plant: Loans and Financial Assistance However, as the global chocolate industry is going through a perception crisis, with demand for healthy products witnessing an increase, it is highly likely that the dark chocolate industry may have to cop some of the downward spiral. Figure 42: Global: Dark Chocolate Market: Sales through Non-Grocery Retailers (in '000 Tons), 2014 & 2019 The report additionally reviews the varying facets of the global dark chocolate market. 5.4 Market Breakup by Region What has been the impact of COVID-19 on the global dark chocolate market? What are the key requirements for setting up a dark chocolate manufacturing plant? Popularity of chocolate amongst millennials, increased awareness regarding its health benefits and growing popularity of dark chocolates are going to keep the market moving Global Dark Chocolate Market to Witness Moderate Growth During 2020-2025, Spurred by Growing Awareness Regarding Health Benefits. Free shipping on orders of $35+ or same-day pick-up in store. Equador and Peru are among the leading exporters of cocoa beans to Europe and North America. 11.6 Raw Material and Final Product Pictures 6.10 Key Success and Risk Factors 8.2.1 Market Trends Cutting-edge information on significant industry trends, prominent market players insights on the market have also being mentioned in the report with high importance. Lindt faced a fluctuating market share, as the chocolate market is an oligopoly market and Lindt being one of the major players in it. Figure 28: Eastern Europe: Dark Chocolate Market: Sales Volume (in '000 Tons), 2014 & 2019 Figure 23: Global: Dark Chocolate Market Forecast: Breakup by Region (in %), 2025 Increasing demand in developing countries for dark chocolate is due to rising income levels and changing eating habits. 6.9.3 Bargaining Power of Suppliers Table 17: Dark Chocolate Manufacturing Plant: Depreciation (in US$) 6.7.2 Strengths Figure 7: Global: Chocolate Market: Breakup by End-Use (in %), 2019 Initiatives of topmost brands along with new product range has also been examined. Eating dark chocolate protects the brain from age-related stress and inflammation which play an important role in the neurodegenerative disorders such as Alzheimer’s disease. Figure 33: Latin America: Dark Chocolate Market Forecast: Sales Volume (in '000 Tons), 2020-2025 Cadbury chocolate targets kids between the age group of 5 to 10. Is segmented based on type of chocolate, it includes dark,,... 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