Compound chocolate is a product made from a combination of cocoa, vegetable fat, and sweeteners. It is used as a lower-cost alternative to true chocolate, as it uses less-expensive hard vegetable fats such as coconut oil or palm kernel oil in place of the more expensive cocoa butter. It may also be known as "compound coating" or "chocolatey coating" when used as a coating for candy. It is often used in less expensive candy bars to replace enrobed chocolate on a product.
Compound chocolate is mostly produced in developing regions, such as Asia-Pacific, which accounts for the highest production of compound chocolate. The countries in the region extensively export to developed countries, like the United States and Canada, among others. Increased advancement in technology and the chocolate crisis in the market have provided to be a great opportunity to the compound chocolate market. Asia-Pacific region accounts for major share, owing to its affordable cost, while the stringent regulatory barrier is being a big challenge for the market.
In 2019, the market size of Compound Chocolate is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Compound Chocolate.
This report studies the global market size of Compound Chocolate, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Compound Chocolate sales volume, revenue, market share and growth rate for each key company, and also covers the breakdown data (sales, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Cargill
ADM
Wilmar International
Barry Callebaut
Puratos Group
AAK
Clasen Quality Chocolate
Santa Barbara Chocolate
Aalst Chocolate
Market Segment by Product Type
Chocolate Chip
Chocolate Slab
Chocolate Coatings
Others
Market Segment by Application
Ice Cream & Frozen Desserts
Bakery
Compound Chocolate
Confectionery
Others
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Compound Chocolate status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Compound Chocolate manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Compound Chocolate are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Compound Chocolate . Industry analysis & Market Report on Compound Chocolate is a syndicated market report, published as Global (United States, European Union and China) Compound Chocolate Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Compound Chocolate market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.