About Chocolate Liquor
Chocolate liquor is the pure cocoa mass in solid or semi-solid form. it contains cocoa solids as well as cocoa butter in equal proportion. Chocolate liquor consists of 53 percent cocoa butter (fat), about 17 percent carbohydrates, 11 percent protein, 6 percent tannins, and 1.5 percent theobromine. It is prepared from the cocoa beans that have been fermented, dried, roasted, and separated from their skins. The liquor in the name chocolate liquor has an older meaning of fluid or liquid. It is not used in the sense of alcoholic substance.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Chocolate Liquor market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Barry Callebaut (Switzerland), Cargill (United States), Nestle SA (Switzerland), Mars Inc. (United States), Hershey (United States), Blommer Chocolate Company (United States), Fuji Oil (Japan), Puratos (Belgium), Cémoi (France) and Irca (Italy) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Olam (Singapore), Kerry Group (Ireland), Guittard (United States), Ferrero (Luxembourg) and Ghirardelli (United States).
Segmentation Overview
AMA Research has segmented the market of Global Chocolate Liquor market by , Application (Chocolate Bars and Flavouring Ingredient) and Region.
On the basis of geography, the market of Chocolate Liquor has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Nature, the sub-segment i.e. Organic will boost the Chocolate Liquor market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Production type, the sub-segment i.e. Continuous roasting system will boost the Chocolate Liquor market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution channel, the sub-segment i.e. Online will boost the Chocolate Liquor market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Consumption of Confectionery Products
Market Growth Drivers:
Increasing Demand of Chocolate Liquor for Ice Creams, Desserts, and Bakery and Absence of Allergens, Gluten, and GMO Materials in Cocoa Liquor
Challenges:
Over consumption May Lead to Health Issue
Restraints:
Fluctuating Prices of Raw Materials
Opportunities:
Increasing Popularity of Food Products Containing Chocolate
Market Leaders and their expansionary development strategies
In June, 2022 Dharampal Satyapal Group (DS Group), a multi-business corporation and a leading FMCG Conglomerate announced the acquisition of The Good Stuff Pvt Ltd (formerly known as Global CP Pvt Ltd), brand owner of LuvIt Chocolate and confectionary, earlier owned by Goldman Sachs and Mitsui Ventures. This acquisition is a strategic move to grow and strengthen the Group’s Confectionary portfolio, whilst widening its distribution reach across grocery and other retail outlets.
Key Target Audience
Manufacturers, Raw material suppliers, Distributors, Government associations, Research organisations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.