Liquid chocolate is usually used as topping to varied desserts or mixed with milk beverages to feature classic sweet flavour. Cocoa provides phytochemicals, which is an antioxidant. the quantity of cacao defines different sort of chocolates like dark, milk or chocolate .
Liquid chocolates are largely sold during occasions and festivals like Valentine’s Day, Easter, Halloween, and yuletide , and through occasions like weddings, birthdays, anniversaries, mother’s day, et al. . consistent with the International Housewares Association, in 2017, the U.S. retail sales of chocolate products was highest during Easter with a worth of US$ 935 million, followed by Christmas, Valentine’s Day, Halloween, and other similar public holidays/occasions with values US$ 776 million, US$ 524 million, US$ 383 million, and US$ 12 million, respectively.
Top Key Players in Liquid Chocolates market: Nestle, S.A., The, Hershey, Company, The, J.M., Smucker, Company, Monin, R., Torre, &, Company, Amoretti, Ghirardelli, Chocolate, Company, Walden, Farms, AH!LASKA, Olam, International, CEMOI, Baronie, Group, Blommer, Chocolate, Company, NATRA, and, Barry, Callebaut, among, others
Regional Analysis For Liquid Chocolates Market:
Besides segmental breakdown, the report is highly structured into region wise study. The regional analysis comprehensively done by the researchers highlights key regions and their dominating countries accounting for substantial revenue share in the Liquid Chocolates market. The study helps understanding how the market will fare in the respective region, while also mentioning the emerging regions growing with a significant CAGR. The following are the regions covered in this report.
- North America [U.S., Canada, Mexico]
- Europe [Germany, UK, France, Italy, Rest of Europe]
- Asia-Pacific [China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific]
- South America [Brazil, Argentina, Rest of Latin America]
- Middle East & Africa [GCC, North Africa, South Africa, Rest of Middle East and Africa]
Increasing awareness about health benefits related to chocolate is boosting demand for liquid chocolates. Chocolates contain antioxidants called flavonoids, most notably epicatechin, catechin, and procyanidins. High intake of foods containing flavonoids reduce risk of heart condition . bittersweet chocolate protects the skin against sun damage, improves blood flow to the skin, increases skin hydration, and improves brain functioning.
Stringent government regulations imposed on liquid chocolate manufacturing & packaging may be a key challenge for manufacturers to sustain within the market. In the U.S., Food & Drug Administration (FDA) regulates the manufacturing & labelling standards for chocolates. Code of Federal Regulations Title 21 part 163 defines method of study & specific standardization of cocoa products.
Food segment holds dominant position within the market in 2018 and is predicted to take care of its dominance over the forecast period. Chocolate syrups are extensively wont to decorate & provide tasty flavor to sort of bakery & confectionary products.
Europe accounted for the most important market share within the global liquid chocolates market in 2018. Chocolate events and festivals are gaining attraction in Europe. as an example , Eurochocolate, the definitive event for chocolate connoisseur within the Umbrian town of Perugia in central Italy, is Europe’s largest chocolate festival and it attracts around 900,000 visitors per annum . Therefore, with increasing number of chocolate festivals, the demand for liquid chocolates in Europe is predicted to extend during the forecast period.
Several countries in Asia Pacific like Sri Lanka , Malaysia, Indonesia, Philippines, and Papua New Guinea are among the main producers of cocoa. consistent with the International Cocoa Organization, from 2017 to 2018, cocoa production in Indonesia was around 2.8 billion tons, with the remainder of Asia Pacific accounting for 0.88 billion tons. Such factors create potential growth opportunity for liquid chocolate manufacturers in these countries.
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