New York, Global Real and Compound Chocolate Market report from Global Insight Services is the single authoritative source of intelligence on Real and Compound Chocolate Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Real chocolate is made with cocoa butter, while compound chocolate is made with vegetable oil. Both types of chocolate can be used for candy making, but real chocolate is considered to be of higher quality. Real chocolate melts at a lower temperature than compound chocolate, so it is often used for dipping and coating candies. Compound chocolate is more stable and can be used in recipes that require chocolate to be melted and cooled several times.
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Key Trends
The key trends in real and compound chocolate technology are:
-The use of natural or unrefined cocoa beans: These beans are less processed and have a higher cocoa content than regular beans, resulting in chocolate with a more intense flavor.
-The use of alternative sweeteners: With the rise in popularity of sugar-free and low-sugar diets, many manufacturers are now using alternative sweeteners such as Stevia or xylitol in their chocolate products.
-The use of fair trade cocoa: Fairtrade cocoa is sourced from farmers who are paid a fair price for their cocoa beans. This ensures that the farmers can earn a living wage and improve their standard of living.
-The use of dark chocolate: Dark chocolate is made with a higher percentage of cocoa solids than milk chocolate, resulting in a richer flavor. It is also thought to be healthier than milk chocolate, as it contains more antioxidants.
Key Drivers
There are several key drivers of the real and compound chocolate market. The first is the increasing demand for chocolate products globally. The second is the increasing popularity of premium and gourmet chocolate products. The third is the growing preference for dark chocolate. The fourth is the increasing popularity of organic and Fair Trade chocolate.
The increasing demand for chocolate products is driven by the growing population, rising disposable incomes, and changing lifestyle patterns. The growing popularity of premium and gourmet chocolate products is another key driver of the market. The premiumization of chocolate products is driven by the increasing consumer awareness about the health benefits of dark chocolate and the growing preference for indulgent and exotic flavors. The growth of the dark chocolate segment is driven by the increasing consumer awareness about the health benefits of dark chocolate and the growing preference for rich and intense flavors.
The growth of these segments is driven by the increasing consumer awareness about the health benefits of organic and Fair Trade chocolate and the growing preference for ethically sourced products.
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Key Market Segments
By Product Category
- Real Chocolate
- Compound Chocolate
By Type
- Dark
- White
- Milk
By Form
- Chips
- Slabs
- Coatings
- Others
By Application
- Bakery
- Confectionery
- Dairy and Frozen Desserts
- Beverages
- Others
By Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- The UK
- Germany
- France
- Spain
- Rest of Europe
- The Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Latin America
- The Middle East
- Africa
Key Market Players
- Cemoi Chocolatier
- Republica del Cacao
- Nestlé S.A.
- Mars Incorporated
- Fuji Oil Holdings Inc.
- Guittard Chocolate Co.
- Ghirardelli Chocolate Co.
- Varihona Inc.
- Barry Callebaut AG
- Kerry Group Plc
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