Global Couverture Chocolate Market Overview:
Chocolate couverture is high-quality chocolate with additional cocoa butter, which gives a glossy texture and is used to cover desserts and cakes. Couverture chocolate bars contain cocoa solids, cocoa butter, sugar, and other essential chocolate bar ingredients. Couverture chocolate is additionally gaining the demand within the premium item segment owing to the presence of a greater rate of cocoa butter relative to the other ingredients. Unlike standard chocolate, couverture chocolates are ground to finer surface during the grinding process which leads to creating superior flavor and texture. Improved flavor and texture of couverture chocolate make them favorable for enrobing and tempering bonbons, truffles, and other fine candies. Also, chocolate couverture is called cooking chocolate due to its application as a coating.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
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 |
Influencing Trend:
Demand in Pharmaceutical and Nutraceutical Industry
Market Growth Drivers:
Rise in Disposable Income and Consumption of Premium Quality Chocolates
Challenges:
Fluctuation in Raw Material Price
Restraints:
Health Awareness Among Customers and High Price of the Product
Opportunities:
Untapped Developing Nation
Competitive Landscape:
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are HOKO (Belgium), GOOD FOOD (Canada), Barry Callebaut (Switzerland), MAESTRO SWISS (Malaysia), CADBURY (United Kingdom), SWISSGARDEN Confectionery (Malaysia), BENNS Chocolate, Cocoa Processing Company Limited (CPC), MOKAYA (India), CONCIERGE (France), D KAWI Chocolate (Malaysia) and SWEET KISS Food (Malaysia). Analyst at AMA Research see Malaysia Vendors to retain maximum share of Global Couverture Chocolate market by 2028. Considering Market by Nature, the sub-segment i.e. Organic will boost the Couverture Chocolate market. Considering Market by Form, the sub-segment i.e. Slabs will boost the Couverture Chocolate market. Considering Market by Industry Verticals, the sub-segment i.e. Bakery Industry will boost the Couverture Chocolate market.
Latest Market Insights:
In September 2023, Mondelez International, the parent company of Milka, launched a new chocolate bar called Milka Alpine Milk. The new bar is made with milk from cows that graze in the Alps and has a slightly higher cocoa content than the original Milka bar.
What Can be Explored with the Couverture Chocolate Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Couverture Chocolate Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Couverture Chocolate
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Couverture Chocolate market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Couverture Chocolate market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Manufacturer, Supplier & Provider, Raw Material Supplier, Government Regulatory and Research Organizations and End-Use Industries.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.