Dark Chocolate Market Challenges, opportunities, Key Regions reports, Drivers, key segment and Company Forecast, 2019 - 2027
Dark Chocolate Market |
Dark chocolate is made with cocoa butter rather than fats like palm or coconut oils, and is frequently referred to as "bittersweet" or "semisweet." Dark chocolate has a strong, complex flavour and is heavy in flavonoids, which contribute to the colour of the pigment. Darker chocolate contains more flavonoids, which implies it may provide additional health benefits. It contains a high proportion of cocoa solids (typically over 60%) and little or no added sugar. Dark chocolate is used in a variety of products, including chocolate bars, sweets, and baking chocolate.
Consumption of dark chocolate protects the brain from age-related stress and inflammation, both of which play a role in neurodegenerative illnesses such as Alzheimer's disease. It also helps to enhance blood circulation to the brain, which improves focus, memory, and anxiety levels. As a result of these factors, the global Dark Chocolate Market is expected to grow moderately during the next five years.
Market Segmentation:
By product type
- Conventional
- Organic
By application
- Food & Beverages
- Beauty & Personal Care Products
- Pharmaceuticals
By distribution channels
- Hypermarkets & Supermarkets
- Specialty Stores
- Online Stores
- Others
Due to medical benefits associated with cocoa-rich dark chocolates, rising interest for premium dark chocolates as gifts, developing digital channels, players launching limited-edition seasonal chocolates, and increased advertising activities, the dark chocolate market is expected to grow during the forecast period. In developing countries, rising disposable income and shifting eating patterns have led in greater demand. As people become increasingly interested in healthy foods, the chocolate industry is experiencing a perception problem.
The key players operating in the global dark chocolate market include Mars Inc., The Hershey Company, Nestlé S.A., Godiva, Amul, Lindt & Sprüngli AG, Ghirardelli Chocolate Co., Patchi, Harry & David Holdings, Inc., and Mondelez International.
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