Compound Chocolate Market 2022: Top Players (Cargill, Puratos, Clasen Quality Chocolate, Wilmar International), Current Trends and Share, Application, Growth Factors, Future Demands and Forecast to 2027

(The Express Wire via Comtex)

"Compound Chocolate Market" expected to grow considerably in the forecast period 2022- 2027. COVID-19 can affect the economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets. The report offers a dashboard overview of leading companies like: Cargill, Puratos, Clasen Quality Chocolate, Wilmar International,..., encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

The Europe compound chocolate market is projected to register an estimated CAGR of 4.6%, during the forecast period of 2021-2027.

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Company Coverage: -

- Cargill

- Puratos

- Clasen Quality Chocolate

- Wilmar International

- The Barry Callebaut Group

- Aalst Chocolate

- Sephra

- Chocoley

- Unigra

- Palsgaard

- Aak

- Flanders Filings and Compounds (Backed By Fuji Oil Europe)

- Aalst Chocolate

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Market Players Competitor Analysis:

Low Cost of Compound Chocolate – Fueling the Market Growth

Increasing demand of low priced cocoa based products has increased the demand of compound chocolates in Europe. The major market drivers include increased price of cocoa butter, limited supply of cocoa products in the market, cheaper price of compound chocolates, and increasing demand in industrial and bakery applications. The technical advantage of non-requirement of tempering and easy manufacturing process has increased the industrial demand of compound chocolates. However, the regulation on addition of vegetable fats in chocolate, by various regulatory authorities, has restrained the growth of the compound chocolate market. Other than the regulation on vegetable fats, major factors restraining the market growth includes unhealthy nature of cheap vegetable fats, along with consumer preferences for the pure chocolates, among others.

Versatile Application of Compound Chocolate in Bakery and Confectionery Segment

The compound chocolates are used in industrial applications of bakery and confectionery products, as direct chocolate end-consumers, and in ice creams. The increased demand of coatings and coverings for the bakery products has raised compound chocolates’ popularity among bakery applications. The market is sub-segmented on the product type, as compound chocolate chips, coatings, slabs, and others. The chocolate chips are used in products, such as ice cream, biscuits, and cookies. Chocolate slabs are utilized commercially by manufactures for industrial applications, where it is melted, and further processed into final product.

By flavor, the European compound chocolate market can be segmented into dark, white, milk, and others. White chocolate has found increasing consumer preference in bakery and confectionary applications, owing to its full cream flavor characteristic.

Europe Continue to Prosper in Compound Chocolate Market

Increased consumption and production of cocoa products, and the EU food law has provided an opportunity for the growth of compound chocolate market in Europe. Additionally, increased advancement in technology, and the chocolate crisis in the market, offers great potential to the compound chocolate market. Some of the European companies export chocolate confectionery around the world, including US, Switzerland, Norway, Canada, Australia, and Japan.

Key Development

• January 2017 - Barry Callebaut launched a new range of fillings for confectionery and bakery creations at ISM trade fair in Cologne. The company claims the fillings to contain 40% less calorie, compared to fat-based fillings, as they are made without any added vegetable fats or preservatives.

The major players include - CARGILL, PURATOS, CLASEN QUALITY CHOCOLATE, WILMAR INTERNATIONAL, THE BARRY CALLEBAUT GROUP, AALST CHOCOLATE, SEPHRA, CHOCOLEY, UNIGRA, PALSGAARD, AAK, FLANDERS FILINGS and COMPOUNDS (BACKED BY FUJI OIL EUROPE), AALST CHOCOLATE, amongst others.

To Understand How COVID-19 Impact is Covered in This Report. Get Sample copy of the report at -https://www.marketreportsworld.com/enquiry/request-covid19/12344911

Reasons to Purchase this Report:

● To examine the increased usage of Compound Chocolate in Industry that affect the global market scenario
● Analyze various perspectives of the market with the help of Porter’s five forces analysis
● To know the modality and application that are expected to dominate the market
● To know the regions that are expected to witness fastest growth during the forecast period
● Identify the latest developments, market shares, and strategies employed by major market players

Customization of the Report:

● This report can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.

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Regional Analysis: -

- North America

- Asia-Pacific

- Europe

- South America

- Africa

Some Major Points from TOC: -

1. Introduction
1.1 Key Deliverables of the study
1.2 Study Assumptions
1.3 Market Definitions
2. Research Approach and Methodology
2.1 Introduction
2.2 Research Design
2.3 Study timelines
2.4 Study Phases
2.4.1 Secondary Research
2.4.2 Discussion Guide
2.4.3 Market Engineering and Econometric Modeling
2.4.4 Expert Validation
3. Key Findings
4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
5. Market Segmentation
5.1 By Product Type
5.1.1 Chocolate Chip
5.1.2 Chocolate Slab
5.1.3 Chocolate Coatings
5.1.4 Others
5.2 By Application
5.2.1 Ice Cream and Frozen Desserts
5.2.2 Bakery
5.2.3 Compound Chocolate
5.2.4 Confectionery
5.3 By Flavor
5.3.1 Milk
5.3.2 Dark
5.3.3 White
5.3.4 Others
5.4 By Geography
5.4.1 Europe
5.4.1.1 Spain
5.4.1.2 Germany
5.4.1.3 UK
5.4.1.4 France
5.4.2.5 Russia
5.4.2.6 Italy
5.4.2.7 Rest of Europe
6. Competitive Landscape
6.1 Strategy adopted by Key players
6.2 Most active companies in the past five years
6.3 Market Share Analysis
7. Company Profiles
7.1 Cargill
7.2 Puratos
7.3 Clasen Quality Chocolate
7.4 Aalst Chocolate
7.5 Wilmar International
7.6 The Barry Callebaut Group
7.7 Aalst Chocolate
7.8 Sephra
7.9 Chocoley
7.10 Unigra
7.11 Palsgaard
7.12 AAK
7.13 Flanders Filings and Compounds (backed by Fuji Oil Europe)
8. Appendix
8.1 Disclaimer
8.2 Sources

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To view the original version on The Express Wire visit Compound Chocolate Market 2022: Top Players (Cargill, Puratos, Clasen Quality Chocolate, Wilmar International), Current Trends and Share, Application, Growth Factors, Future Demands and Forecast to 2027

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