Industry Background:
It is one of the highly demanded chocolate categories, with the development of the food & beverage industry. This industry is booming at a higher rate. With the increasing ratio of millennials in the Asia Pacific region, this market is having strong development in the future. Along with the technological advancement in packaging techniques which enhance consumer purchasing behavior, and became a major trend in this industry.This growth is primarily driven by Growing Demand for the Packaged Food
.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Volume Unit | K Unit |
Value Unit | Value (USD Million) |
Key Companies in Study | Amano Artisan Chocolate (United States), Amedei (Italy), Amul (India), Askinosie Chocolate (United States), Barry Callebaut (Switzerland), Blommer Chocolate Company (United States), Chocosphere LLC (United States), Castronovo Chocolate (United States), Chocolaterie Robert (Madagascar) and Cocoa Processing Company (Ghana) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Food Products sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Amano Artisan Chocolate (United States), Amedei (Italy), Amul (India), Askinosie Chocolate (United States), Barry Callebaut (Switzerland), Blommer Chocolate Company (United States), Chocosphere LLC (United States), Castronovo Chocolate (United States), Chocolaterie Robert (Madagascar) and Cocoa Processing Company (Ghana) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
There are various companies are exploring in this market that is highly focusing on exploring new geographical regions by adopting various market growth strategies such as mergers & acquisitions, expansions, investments, new product launches, and others. There are various players are entering this market to capture market growth opportunities.
Market Drivers
- Growing Demand for the Packaged Food
- Rapid Change in Lifestyle Majorly in Developed Regions
- Increase Availability in Online Retail Channels
Market Trend
- Intense Market Competency
- Increase in New Market Entrants
Restraints
- Stringent Government Regulations on Food Products
Opportunities
Enhancement in Disposable Income in Developing Economies and High Growth in Retail Sector
Challenges
Insufficient Online Distribution Channels in Under Developing Regions
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Craft Chocolate Study Sheds Light on
The Craft Chocolate Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Craft Chocolate industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Craft Chocolate industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.