Global Chocolate Spread Market Insights, Forecast to 2025
One of the most popular and highly consumed food product across the globe is chocolate. The chocolate spread is a sweet chocolate flavored paste which is mostly spread on bread, doughnuts, toasts, pancakes and other similar grain products. The spread usually contains cocoa and palm or vegetable oil and sometimes also contain butter, milk, sugar and additional flavors.
Earlier only children and young people are the key consumers of chocolate spread, but now old age groups are also enjoying the spread which will boost the growth of chocolate spread market. Another factor towards the growth of chocolate spread market is the increase in disposable income and expenditure power among the consumers which results in purchasing these products for themselves and indulging in new products. Moreover, the rising awareness among the consumers about the health benefits associated with the consumption of cocoa-rich dark chocolates, thereby contributing towards the growth of chocolate spread market. The dark chocolates help in preventing cardiac diseases and have many other benefits which help in increasing its popularity over the forthcoming years.
The global Chocolate Spread market is valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Chocolate Spread market based on company, product type, end user and key regions.
This report studies the global market size of Chocolate Spread in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Chocolate Spread in these regions.
This research report categorizes the global Chocolate Spread market by top players/brands, region, type and end user. This report also studies the global Chocolate Spread market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
The J.M. Smucker
Market size by Product
Market size by End User
Market size by Region
Central & South America
Rest of Central & South America
Middle East & Africa
The study objectives of this report are:
To study and analyze the global Chocolate Spread market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Chocolate Spread market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Chocolate Spread companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Chocolate Spread submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Chocolate Spread are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million US$) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Chocolate Spread market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.