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Latest trends in Chocolate Based Spreads Market during the forecast period (2017–2022)

Chocolate Based Spreads Market By Type By Frequency Of Sale And By Region (Global Industry Analyst
vicky vempati | 22.02.2018
Chocolate Based Spreads Market © vicky vempati
Chocolate spread is a sweet chocolate-flavoured paste which is eaten mostly spread on toasts and breads or similar grain products such as waffles, muffins, pancakes, and pitas.
Although chocolate spreads taste, smell, and look like chocolate, they do not solidify, even at room temperature. The paste typically contains cocoa and palm or vegetable oil, and is also likely to contain sugar, milk and additional flavours. At times, it also includes nuts such as ground hazelnuts or honey. Chocolate spread is normally sold in plastic tubs or glass jars.
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The key driving factors of global Chocolate Based Spreads market are shifting consumer taste preferences and growing spending on chocolate and other confectionary products. Growing urbanization, widespread availability of chocolate and growing awareness about the various health benefits which can be obtained from the consumption of chocolate and derived products will remain another key factor fuelling the market for chocolate based spreads globally. The chief constraint of the market is uncertain economy of the cocoa supply which is likely to raise chocolate prices.
The global Chocolate Based Spreads market is segmented based on type into milk chocolate, dark chocolate, and white chocolate. Milk chocolate is expected to have the largest share in the segment. By frequency of sale, the market is categorised into premium chocolate, daily chocolate, and seasonal chocolate. Daily chocolate leads the market in this segment. By distribution channel, the market is divided into supermarkets and hypermarkets, grocery stores, speciality stores and online retail.
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The Global Chocolate Based Spreads market is divided based on geography into North America, Latin America, Asia-Pacific, Middle East and Africa and Europe. North America has the leading market for Chocolate Based Spreads in the world, which is followed by Europe and Asia Pacific regions. Asia Pacific region is expected to have the fastest growth rate during the forecast period, which can be attributed to rising economies in developing parts of the region such as China and India.
Some of the major players in the market are J.M. Smucker, Kraft Foods, Unilever Group, ConAgra Foods Inc., Ferrero Group, Hershey Co., B & G Foods Inc., Nestle, Wellness Foods and Premier Foods among others.
Market Segmentation
1)Type
2)Frequency of Sale
3)Distribution Channel
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Scope of the report :
• Global and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
• Segment-level analysis in terms By Frequency Of Sale with market size forecasts and estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
• Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
• A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
• Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

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