Crunchy Chocolate Market Report 2021-2026, Impact of COVID-19, Industry Trends, Growth and Outlook
by Chris jackson Market ResearchAccording to the IMARC Group, the global crunchy chocolate market reached a value of
US$ 2.95 Billion in 2020. Looking forward, the market is expected to continue
its moderate growth during the next five years.
Crunchy chocolate, or wafer chocolate, refers to a coated wafer with a
layer of chocolate. It is prepared using a wide variety of ingredients, such as
cocoa butter, sugar, skimmed milk powder, emulsifiers, coconut oil and
flavorings.
Crunchy Chocolate Market Trends:
The global crunchy chocolate market is primarily driven by product
premiumization and changing tastes and preferences. The crumbs and chunks of
crunchy chocolate are utilized in chocolate sandwiches and beverages like
coffee and smoothies. Often nuts, fruits and cereals are added to crunchy
chocolate, along with a filling of honey, caramel and butterscotch, to enhance
the flavor. Besides this, with the rising health-consciousness among consumers,
manufacturers are introducing new variants, including organic, vegan,
gluten-free chocolate and energy bars, to expand their consumer base. Other
factors, such as rising disposable incomes, expanding distribution channels and
the flourishing food and beverage industry, are creating a positive outlook for
the market.
Report
Metric
Historical:
2015-2020
Base
Year: 2020
Forecast Year: 2021-2026
Get a PDF Sample for more detailed market insights:
https://www.imarcgroup.com/crunchy-chocolate-market/requestsample
Note: As the novel coronavirus (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.
Read the full report: https://www.imarcgroup.com/crunchy-chocolate-market
Market Segmentation:
The report has segmented on the basis of key
region and distribution channel.
Performance of Key Regions
- Western Europe
- North America
- Eastern Europe
- Asia
- Latin America
- Middle East and Africa
- Australasia
Performance by Distribution Channel
- Supermarkets and Hypermarkets
- Convenience Stores
- Non-Grocery Retailers
- Others
Some of the leading players operatives in the
market are:
- Mars Inc
- Mondelez International Inc (NASDAQ: MDLZ)
- Nestle SA (OTCMKTS: NSRGY)
- Ferrero Group
- Hershey Foods Corp (NYSE: HSY)
- Grupo Arcor
About Us
IMARC Group is a leading market research company that offers
management strategy and market research worldwide. We partner with clients in
all sectors and regions to identify their highest-value opportunities, address
their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic
and technological developments for business leaders in pharmaceutical,
industrial, and high technology organizations. Market forecasts and industry
analysis for biotechnology, advanced materials, pharmaceuticals, food and
beverage, travel and tourism, nanotechnology and novel processing methods are
at the top of the company’s expertise.
Contact Us
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IMARC Group
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Created on May 13th 2021 03:12. Viewed 293 times.