Compound Chocolate Market data with Current and Future Growth, feasibility and Regional Analysis (2022-2032)

Food and beverages

Compound Chocolate Market: Overview

Compound Chocolate is a product made from a combination of cocoa, vegetable fat and sweeteners. Compound chocolate uses less expensive hard vegetable fats and palm kernel oils and are lower-cost alternative to real chocolate which contains expensive cocoa butter. Compound chocolate is used as candy coatings. Compound coatings, substitute chocolate liquor and cocoa butter with cocoa powder and vegetable oil.

Factors driving the growth of global compound chocolate market are low price of compound chocolate, increased price of cocoa butter, limited supply of cocoa products in the market and increasing demand in industrial and bakery applications. Real chocolate requires a painstaking process called tempering -the careful melting of the chocolate to obtain proper crystallization of butter crystals.

Get a sample of this report: https://www.factmr.com/connectus/sample?flag=S&rep_id=2139

Compound Chocolate Market: Regional Outlook

Increased consumption of cocoa products and the European food law has provided an opportunity for the growth of compound chocolate market in Europe. Additionally increased cocoa butter prices and advanced technology offers great potential for compound chocolate market. Asia Pacific accounts for the highest production of compound chocolate. As chocolate remains one of the top selling confectionery items after sugar confectionery. There is scope improvement and steady development in the compound chocolate market, in terms of penetration in countries like Kenya, Nigeria, Saudi Arabia and other MEA markets.

Key Manufacturers

  • Barry Callebaut
  • Cargill
  • ADM
  • Palsgaard
  • Fuji Oil
  • Blommer Chocolate Company
  • Bellcolade
  • Puratos
  • Yake China Co.
  • Beryl’s Chocolate & Confectionery
  • Benns

Highlights from the Report

  • Elaborated scenario of the parent market
  • Transformations in the market dynamics
  • Detailed segmentation of the target market
  • Historical, current and forecast market size based on value and volume
  • Latest industry developments and trends
  • Competition landscape
  • Strategies adopted by the market players and product developments made
  • Potential and niche segments, along with their regional analysis
  • Unbiased analysis on performance of the market
  • Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness

Compound Chocolate Market: Segmentation

Compound chocolate is segmented on the basis of vegetable fats used in manufacturing:

  • Palm kernel oil
  • Coconut Oil
  • Vegetable oil
  • Hydrogenated palm oil
  • Others cocoa butter substitutes

Compound chocolate is segmented on the basis of Product Type:

  • Chips
  • Coatings
  • Slabs
  • Bars
  • Others

Compound chocolate is segmented on the basis of flavor:

  • Dark
  • Milk
  • White
  • Others

Compound chocolate is segmented on the basis of application:

  • Candy Making
  • Confectionery
  • Coating Purposes (biscuits, candy, nuts etc.)
  • Bakery Products

Leave a Reply

Related Posts