With Puratos, Mars, Cargill, Friesland Campina, Britannia Industries and Schreiber Foods, among others
The global chocolate ingredients market is expected to witness immense growth over the forecast years owing to the number of attributes associated with chocolate including its high content of antioxidants, minerals, soluble fiber and bioactive chemicals.
Companies cited
THE HERSHEY COMPANY
Puratos NV/SA
Mars Incorporated
Cargill Inc.
Global pladis
The Kraft Heinz Company
FrieslandCampina
Chocolate Ingredients
Britannia Industries
Schreiber Foods Inc.
Adoption of new products by producers, such as organic sweeteners and distinctive cocoa beans The demand for chocolates is also increasing due to the increase in variety of flavors around the world and the use of cocoa in multiple industries.
The nation most responsible for the amount of chocolate consumed per person is Swiss. Swiss consumes the most chocolate per person, although there are undoubtedly nations that consume more chocolate overall than Swiss. In Swissthe average person consumes 8.8 kilograms or 22 pounds of chocolate per year. Switzerland exceptional chocolate has earned him a strong reputation around the world. For example, one of the most well-known chocolate manufacturers in the world is the Swiss company Toblerone.
After Swiss, Austria consumes about 20.13 pounds followed by Ireland who consumes 19.47 pounds of chocolate a year.
Every year, a number of countries produce a significant amount of chocolate, and each of these countries has several well-known chocolate brands. For example, Cologne is well known as germany capital of chocolate. The best-known chocolate manufacturers in Germany are Tortchen and Leonidas.
Besides, Belgium has a rich history in chocolate production. Godiva, one of the world’s best-known chocolate manufacturers, is headquartered in Brussels. As a result, Belgian chocolate enjoys great popularity and the country has strict rules governing its production.
Another well-known attribute is Italy is that it is one of the world’s leading producers of premium chocolate. The best known Italian chocolate makers are Perugina and Caffarel. These companies are widely regarded as some of the best chocolate producers on the planet.
Cocoa, also called coco, is one of the main ingredients in chocolate. In the 16th century, the Spanish conquistadors brought cocoa to Europe, where he immediately gained popularity. The original form of cocoa is a bean, from which cocoa butter or cocoa powder is made.
Additionally, it can be found in oil, paste, and shell form. Even though a range of products and cosmetics are made with these substances. Chocolate and confectionery are the main consumers of cocoa, but other uses include dairy products, bakery, beverages and pharmaceuticals.
The polyphenols found in abundance in cocoa have been shown to reduce inflammation, improve blood circulation, lower blood pressure, improve cholesterol, alleviate symptoms of type 2 diabetes and depression, help in the management of weight, protect against cancer, boost the immune system and regulate blood sugar levels.
Even in the world of artisanal chocolate, lecithin is a very common ingredient. A brownish-yellow material called lecithin is made up of phospholipids bound to choline molecules. It is present in various plant species, including soybeans, sunflowers, cotton, and rapeseed, as well as animal tissues (including eggs). It is used in very small amounts to reduce the viscosity of chocolate.
Rising awareness of health benefits of chocolate is fueling market growth
Dark chocolate contains antioxidants that can protect against the sun. They improve blood flow to the skin, which increases skin hydration and density. You can get a lot of fiber from premium dark chocolate, which is healthy for your diet. High concentrations of manganese, copper, magnesium, iron, selenium, zinc and potassium can boost one’s body, these benefits help the market grow as consumers prefer healthy and suitable products to their palette.
Use of different flavor and fruit combinations is fueling market growth
Different flavors are used to make chocolate, but the hazelnut remains the favorite of confectioners and chocolatiers because it has a sweet and delicious flavor and texture that makes the finished product irresistible to consumers. However, nougat, coconut, caramel and orange are the emerging flavors in the world of chocolate spreads which are preferred by people who want to explore a distinctive flavor offered by market players.
Lower installation cost driving market growth
The initial expense for chocolate ingredients is relatively low compared to a conventional restaurant. An average chocolate ingredients startup costs around $6000. There is no need to hire a large workforce or acquire an expensive lease. Plus, you don’t need the equipment or other decorations that are usually associated with a traditional restaurant. As a result, initial setup costs are much lower than traditional restaurants.
Use of Functional Ingredients Drives Market Growth
As health-conscious consumers seek healthier formulations, health claims such as gluten-free, high fiber and no added sugar are becoming more prevalent in the chocolate and confectionery industry. Brands can satisfy consumers wanting to lead healthy lives by including functional ingredients like nuts, seeds and berries that support pre- and probiotic qualities, gastrointestinal health and immunity.
Prebiotic chicory fiber is an example of a natural sweetener that can be used to effectively replace sugar in products, allowing consumers to choose different sweets and take control of their health. Meanwhile, companies like Body and Mind Botanicals are even experimenting with creating hemp-infused chocolate bars as a comfortable and delicious way for people to consume hemp.
Report Scope:
In this report, the global chocolate ingredients market has been segmented into the following categories, in addition to industry trends which have also been detailed below:
Chocolate Ingredients Market, By Type:
Cocoa
Milk
Sugar
Lecithin
Others
Chocolate Ingredients Market, By Category:
Dark chocolate
Milk chocolate
White chocolate
Ruby Chocolate
Chocolate Ingredients Market, By Application:
Confectionery products
Dairy and bakery products
Beverages
Others
Chocolate Ingredients Market, By Region:
North America
United States
Canada
Mexico
Europe
France
Germany
UK E48
Italy
Spain
The Netherlands
Swiss
Asia Pacific
China
Japan
India
Australia
New Zealand
South Korea
Thailand
Middle East & Africa
Saudi Arabia
South Africa
United Arab Emirates
Qatar
Kuwait
South America
Brazil
Argentina
Colombia
For more information about this report visit https://www.researchandmarkets.com/r/3s4ty6
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SOURCE Research and Markets