Craft Chocolate Market Type (Dark Chocolate, White Chocolate, Milk Chocolate, Others) Application (Retail, Wholesale, Others) : Global Opportunity Analysis and Industry Forecast, 2020-2027
| A06861 | Pages: NA | Dec 2020 | 485 Views | | |
| Author(s) : NA | Tables: NA | Charts: NA | Formats*: | |
COVID-19
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Craft Chocolate Market
Request Now !Craft chocolates are chocolates made from fresh raw cocoa beans sourced transparently and carved into chocolates by small scale chocolate makers. Artisans work closely with cocoa farmers to produce the highest quality beans, which are carefully roasted, grinded, and smoothened into chocolate. Besides cocoa beans and sugar they use few more ingredients to give it a unique flavor. The craft chocolate makers strongly emphasize on the inherent flavor of the beans while making chocolates.
Market scope and structure analysis:
Report Metric | Details |
Market size available for years | 2020–2027 |
Base year considered | 2019 |
Forecast period | 2021–2027 |
Forecast units | Value ($US) |
Segments covered | Type, Application, and Region |
Regions covered | North America (U.S. and Canada), Europe (Germany, UK, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and Rest of Asia-Pacific), LAMEA (Middle East, Brazil, and Rest of LAMEA) |
Companies covered | Real Chocolate, Barry Callebaut, Blommer Chocolate Company, Bonnat Chocolates, Cocoa Processing Company, E. Wedel, Galle & Jessen, Ghirardelli, Hershey’s, Kraš, Laima, Amano Artisan Chocolate, Amedei, Castronovo Chocolate, Chocolaterie Robert, Amul, Askinosie Chocolate |
COVID-19 ScenarioAnalysis:
The corona virus outbreak in all over the globe has created medical emergency. Due to which there is an increase for the demand of food items, hygiene products, and medical products. COVID-19 has increased the sales of traditional, healthy, and staple food items. However, packaged food sweets and chocolate products have experienced a decline in its sale due to which there is a decline for the demand for craft chocolate in these industries.
Top Impacting Factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis
The growth of the craft chocolate industry has been driven by an increase in rise in consumption chocolates. As consumers move from consuming traditional sweets to craft chocolates, the global market for craft chocolate is expected to experience growth. Craft chocolate is among the most popular and profitable ingredients in the global confectionery industry. It is something that is admired by children, youth, adults, and the elderly. The global market for craft chocolate has been a multibillion dollar industry since the last decade and its growth momentum is expected to continue during the forecast period.
The rise in purchasing power due to increase in the disposable incomes in developing countries is the major factor for increase in demand for this sweetmeat. It is now a preferred gift for all kinds of occasions–festivals, wedding anniversaries, birthday parties, valentines, and any other kind of celebration, which boosts the growth of the craft chocolate market.
The global craft chocolate market trends are as follows:
Promotional activities to gain competitive edge
Market players are running promotional activities to get consumer engaged in their chocolate products. The chocolate makers are organizing events for their customers to give information about their product and to build a brand image in the mind of the consumers. For instance, in May 2019, the Canopy Market suppliers of the finest chocolate craft in the world hosted a dedicated chocolate market in a special collaboration with Cocoa Runners where it displayed the finest chocolate crafts and held tastings, discussions and demonstrations, all under the beautifully restored Victorian glass and steel roof of the West Handyside Canopy in UK.
Limited supply of cocoa hindering the market
Among the other commodities such as dairy products, nuts, corns and sugar the key ingredient in chocolate is cocoa. The prices of these commodities affect the price of craft chocolate and the prices are determined on the basis quantity of supply and demand of these ingredients. The major cost affects the craft chocolate maker is the cost of cocoa. The demand for cocoa is continuously increasing especially in ASEAN region. And the supply of cocoa is decreasing due to certain factors influencing it. Indonesia and Malaysia have been one of the Asia’s top cocoa bean producers for many years. But the quality and supply of cocoa from these regions is on a decline due to lack of financial assistance, to the land holders, for maximizing production and developing new plantations and the cocoa plantations in those regions are majorly done by small landholders.
Key Segments Covered:
Segments | Sub-segments |
Type |
|
Application |
|
Key benefits of the report:
- This study presents the analytical depiction of the global craft chocolate industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global craft chocolate market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the global craft chocolate market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed global craft chocolate market analysis based on competitive intensity and how the competition will take shape in coming years.
Questions answered in the craft chocolate market research report:
- What are the leading market players active in the craft chocolate market?
- What the current trends will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What future projections would help in taking further strategic steps?
We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:
- Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
- Technologically sophisticated and reliable insights through well audited and veracious research methodology
- Sovereign research proceeds that present a tangible depiction of marketplace
With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.
Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, web-casts and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast
Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develops analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth and forecasts
Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:
- Chief executives and VPs of leading corporations specific to industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)
Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
Access from any device, anywhere
Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.
REQUEST TOC/SAMPLE
Purchase Full Report of
Craft Chocolate Market
- Online Only
-
$3,456$3,110 - Online cloud access only
- Restricted print, copy, paste & download
- Read only
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Data Pack
-
$3,840$3,456 - Restricted to one authorized user
- One print only
- Available in
Excel - Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Single User
-
$5,769$5,192 - Restricted to one authorized user
- One print only
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Five Users
-
$6,450$5,805 - Limited to five authorized users
- Print upto five copies
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
-
Enterprise
License/PDF -
$8,995$8,096 - Unlimited
within
company/enterprise - Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Library Membership
- $ 699/mo
- Published Content
E-access - Company Profiles
E-access - Newly Added Content Access
- 10 PDF
Downloads - 5 Excel Data
Pack Downloads - 250 Company Profiles PDF Downloads
-
Start reading.
Buy Now
This title and over 12,000+ are available on the Avenue Library. T&C*.
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
Why Allied Market Research?
Infallible Methodology
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Analyst Support
For complete satisfaction
Customization
On-demand customization of scope of the report to exactly meet your needs
TARGETED MARKET VIEW
Targeted market view to provide pertinent information and save time of readers
Get fresh content delivered
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.