Chocolate Market: Cocoa-Rich Dark Chocolates Rides on with Ultimate Health Benefits!

One of the most consumed and popular food product among consumers across the globe is chocolate. Based on the amount of cocoa employed during preparation, different varieties of chocolates are produced globally. As the global chocolate market is highly driven by the taste preferences of consumers, it is imperative that companies focus on product development and marketing strategies to gain a wider consumer base and capture new markets.

The report states that the market is chiefly influenced and driven by the increasing level of consumer awareness regarding the vast health benefits of cocoa-rich dark chocolates (cocoa percentage of 70% or more). Studies have demonstrated that the regular, and limited, consumption of dark chocolates is good for blood circulation, heart, brain, and may also prove beneficial in effective management of health challenges such as obesity, autism, and diabetes.

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The increased awareness regarding these factors has significantly helped in boosting the overall consumption of chocolates across the globe. The factor is also expected to play a crucial role in the future development of the market and is projected to be a key driver of the dark chocolates segment in the global market. Other product segments of the global chocolate market, including milk chocolate and white chocolate, are also expected to gain increased traction globally as the disposable incomes of consumers in several emerging economies are rising at an encouraging rate. In developing countries across Asia Pacific, the rising population of affluent consumers is one of the key factors boosting the overall consumption of chocolates.

Global Chocolate Market: Regional Outlook

Region-wise, the global chocolate market is categorized into Europe, North America, Asia Pacific, and the Rest of the World. Amidst these, Asia Pacific emerged as one of the leading consumers of chocolates due to the rising influence of Western culture and habits in countries in the region. The success of several international chocolate brands is expected to further intensify the demand for chocolate in the region.

Companies Mentioned in the Report

The leading companies operating in the global chocolate market are focusing on product differentiation in terms of taste, flavor, and price to gain a strong hold over the market. Some of the key players are Kraft Foods, Nestle SA, Moonstruck Chocolatier Co., Mars Inc., Ghirardelli Chocolate Co., Ferrero Group, and Hershey Foods Corp.

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This release was published on openPR.