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Home » Shop » Global Crunchy Chocolates Market Analysis and Global Forecast (2022-2030) with COVID Impact Analysis
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Global Crunchy Chocolates Market Analysis and Global Forecast (2022-2030) with COVID Impact Analysis

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Crunchy Chocolates Market Research Report: Information By Type (Bar, Balls, Truffles, Toffee Bites, and others), By Distribution Channel (supermarkets and hypermarkets, convenience stores, non-grocery retailers, and others), and Region — Forecast till 2030

Report Code: EB_ICT | Page: 160 | Published Date: Upcoming

Categories: Food & Beverage, Food Products, Information and Communication Technology ICT (CI) Tags: Crunchy Chocolates Analysis, Crunchy Chocolates Companies, Crunchy Chocolates Forecast, Crunchy Chocolates Growth, Crunchy Chocolates Industry, Crunchy Chocolates Restraints, Crunchy Chocolates Share, Crunchy Chocolates Size, Crunchy Chocolates Trends
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Description

Market Overview

The global Crunchy Chocolates market size is projected to reach approximately $ 27.86 billion by 2030, at a CAGR of 6.7% from 2022 to 2030. Chocolate coating wafers generally contain a layer of chocolate and a filling such as honey, caramel, or butterscotch. In the era of interest in healthy snacks, manufacturers are producing crunchy chocolate bars which are not only tasty but also suit consumer demands. However, in addition to this, some customers might even add various ingredients such as nuts and fruits along with filling flavors like honey, caramel, and butterscotch to enhance the flavor. Hence, organic chocolate, vegan gluten-free chocolate, and energy bars are emerging as the most sought-after chocolate types around the world. “Crunchy chocolate” is applied to a variety of uses including drinks, desserts, and snacks. Its popularity as a food item that can be eaten with hands also contributed to its demand.

COVID-19 Impact Analysis

The COVID-19 pandemic had a negative impact on the market for Crunchy chocolates. During the covud19 pandemic, there was an extended lockdown in the majority of countries with a range of negative effects on the crunchy chocolate processing market. This impacted negatively all over the world as it reduced global production.  After suffering a long downturn, things are looking more hopeful across the globe and the market is expected to soon begin recovering.

The COVID-19 pandemic has led to some changes in how people are considering their purchase decisions. One of the biggest changes is that they are now more likely to shop online rather than at a brick-and-mortar store. This could be because many of the physical stores that handle COVID-19 items don’t know exactly how those items should be sold.

Market Dynamics

One of the major factors affecting the growth of the demand for crunchy chocolates is premiumization. People are willing to pay more for things that they associate with rising status, such as fast-food restaurants, highly distributed distribution channels, etc.

Drivers

Ø  The creation of premium products and their use in beverages

Increasing demand for crunchy chocolate has led to the growth of new export markets, such as vegan, gluten-free, and organic chocolate bars packed with added nuts and dried fruits. This market will continue to grow over the next few years.  The producers have witnessed an increase in demand for their chocolate products, particularly among millennials.  Demand for “organic and vegan” chocolate bars is expected to continue over the next few years. In the coming years, there is projected to be a demand increase for crunchy chocolate. This is mostly due to its use in drinks such as smoothies, coffee, or chocolate sandwiches.

Restraint:

  • Rise in health awareness and fluctuating cost

One of the major factors affecting the market for crunchy chocolate is that it has a high level of saturated fats and sugar content. It can lead to numerous types of health problems, such as obesity, tooth decay, etc. Heart diseases and diabetes are prevalent among people who consume excessive amounts of this. With this rise in health awareness, the costs of crunchy chocolates are also on the rise. And due to the unavailability of raw materials, their growth is being restrained as well.

Crunchy chocolate Market Opportunity:

  • Expanding distribution channel

The demand for Crunchy chocolates in the chocolate market is increasing. They are flourishing in part due to the increase of new technology, the efficient distribution of goods, and a rise in disposable incomes.  Moreover, organic and premium chocolate production is expected to increase over the coming years and as a result, create several lucrative opportunities in the industry.

Segment Overview

By Type

Based on the Type, the market has been segmented into bar segment and ball segment, toffee bites, truffles, and others. And bar segment contains half part of the market. Crunchy chocolate bars have been gaining significant popularity among users owing to their crispiness and it adds a spot of fun to the snack.

By distribution channel

Based on distribution, the market has been segmented into supermarkets and hypermarkets, convenience stores, non-grocery retailers, and others. Supermarkets and hypermarkets currently dominate the market and hold the largest market share.

Regional Analysis

Based on region, the crunchy chocolate market has been divided into North America, Europe, Asia-Pacific, and the Rest of the World. Europe is projected to dominate the use of the crunchy chocolate market followed by the Asia-Pacific and North American regions.

Europe Market

The Europe region of crunchy the market has the largest market share and leads industry growth. In 2020, Europe owned almost two-fifths of the crunchy chocolate market.

Asia-Pacific Market

Asia-Pacific is the fastest-growing region with developing economies such as Singapore, China, and India driving this growth.

Competitive Landscape

The market comprises tier-1, tier-2, and local players. With their wide product portfolios, tier-1 and tier-2 players have a global reach. Because of their strategic innovations and broad regional presence, companies such as Mars Inc., Mondelez International, Ferrero Group, Nestle SA,  A. Loacker Spa, Неrѕhеу’ѕ, Pierre Hermé Paris Lindt & Spruengli AG, Yıldız Holding, and Maison Chaudun lead the crunchy chocolates business. To increase their market position and attract a wide consumer base, the businesses are employing various strategies, such as growth, product releases, and alliances.

Prominent Players:

  • Mars Inc.
  • Mondelez International
  • Ferrero Group
  • Nestle SA
  • Loacker Spa
  • Неrѕhеу’ѕ
  • Pierre Hermé Paris Lindt & Spruengli AG
  • Yıldız Holding
  • Maison Chaudun

Scope of the Report

Crunchy chocolate Market, by Type

  • Bar
  • Ball
  • Toffeefe bites
  • Truffles
  • Others

Crunchy chocolate Market, by Distribution Channel

  • supermarkets
  • hypermarkets
  • convenience stores
  • non-grocery retailers
  • others

Global MICE Tourism Market, by Region

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Rest of Asia Pacific
  • Rest of the World

 

Parameters Indicators
Market Size 2030: $ 27.86 Billion
CAGR 6.7% CAGR (2022-2030)
Base year 2021
Forecast Period 2022-2030
Historical Data 2020
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Key Segmentations Type, Distribution channel
Geographies Covered North America, Europe, Asia-Pacific, Latin America, Middle East, Africa
Key Vendors Mars Inc., Mondelez International, Ferrero Group, Nestle SA,  A. Loacker Spa, Неrѕhеу’ѕ, Pierre Hermé Paris Lindt & Spruengli AG, Yıldız Holding, and Maison Chaudun
Key Market Opportunities Expanding distribution channel
Key Market Drivers The creation of premium products and its use in beverages

 

REPORT CONTENT BRIEF:

  • High-level analysis of the current and future crunchy  market trends and opportunities
  • Detailed analysis of current market drivers, restraining factors, and opportunities in the future
  • Crunchy chocolates market historical market size for the year 2020the, and forecast from 2021 to 2028
  • Crunchy chocolates market share analysis at each product level
  • Competitor analysis with a detailed insight into its product segment, financial strength, and strategies adopted.
  • Identifies key strategies adopted including product launches and developments, mergers and acquisitions, joint ventures, collaborations, and partnerships as well as funding taken and investment done, among others.
  • To identify and understand the various factors involved in the crunchy chocolate affected by the pandemic
  • To provide a detailed insight on the maintor companies operating in the market. The profiling will include the financial health of the company past 2-3 years with segmental and regional revenue breakup, product offering, recent developments, SWOT analysis, and key strategies.

For more details mail us at

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    Crunchy Chocolates Market FAQs

    1. What is the study period of this market?
      • The study period of crunchy chocolates market is 2020 – 2030
    2. What is the growth rate of crunchy the chocolates market?
      • The crunchy chocolates market is growing at a CAGR of ~ 7% over the next 7 years
    3. Which region has highest growth rate in crunchy chocolates market?
      • Asia Pacific is expected to register the highest CAGR during 2022 – 2030
    4. Which region has the largest share in crunchy chocolates market?
      • Europe holds the largest share in 2021
    5. Who are the key players in crunchy chocolates market?
      • Mars Inc., Mondelez International, Ferrero Group, Nestle SA, Loacker Spa, Неrѕhеу’ѕ, Pierre Hermé Paris Lindt & Spruengli AG, Yıldız Holding, and Maison Chaudun
    6. Do you offer Post Sale Support?
      • Yes we offer 16 hours of analyst support forces
    7. Do queries sell particular sections of a report?
      • Yes, we provide, regional as well as country country-levelreportsthan we also provide the sectional report. Please get in contact with our sales representatives.

     

     

    Table of Contents

    Table of Contents

    Chapter 1.   Executive Summary

    Chapter 2.   Scope Of The Study

                         2.1.   Market Definition

                         2.2.   Scope Of The Study

                                   2.2.1.   Objectives of Report

                                   2.2.2.    Limitations

                         2.3.   Market Structure

    Chapter 3.   Evolve BI Methodology

    Chapter 4.   Market Insights and Trends

                         4.1.   Supply/ Value Chain Analysis

                                   4.1.1.   Raw Application Providers

                                   4.1.2.   Manufacturing Process

                                   4.1.3.   Distributors/Retailers

                                   4.1.4.   End Users

                         4.2.   Porter’s Five Forces Analysis

                                   4.2.1.   Threat Of New Entrants

                                   4.2.2.   Bargaining Power Of Buyers

                                   4.2.3.   Bargaining Power Of Suppliers

                                   4.2.4.   Threat Of Substitutes

                                   4.2.5.   Industry Rivalry

                         4.3.   Impact Of COVID-19 on crunchy chocolates Market

                                   4.3.1.   Impact on Market Size

                                   4.3.2.   End User Trend, Preferences and Budget Impact

                                   4.3.3.   Regulatory Framework/Government Policies

                                   4.3.4.   Key Players Strategy to Tackle Negative Impact

                                   4.3.5.   Opportunity Window

                         4.4.   Technology Overview

                         4.5.   Macro factor

                         4.6.   Micro Factor

                             4.7.   Demand Supply Gap Analysis of crunchy chocolates Market

                             4.8.   Import Analysis of Crunchy chocolates Market

                             4.9.   Export Analysis of Crunchy chocolates Market

    Chapter 5.   Market Dynamics 

                         5.1.   Introduction

                         5.2.   DROC Analysis

                                   5.2.1.   Drivers

                                   5.2.2.   Restraints

                                   5.2.3.   Opportunities

                                   5.2.4.   Challenges

                         5.3.   Patent Analysis

                         5.4.   Industry Roadmap

                         5.5.   Parent/Peer Market Analysis

    Chapter 6.   Crunchy chocolates Market, By Type

                         6.1.   Introduction

                         6.2.   Bar

                         6.3.   Ball

                         6.4.   Toffe bites

                         6.5.   Truffles

                         6.6.    Others

    Chapter 7.   Crunchy chocolates Market, By Distribution channel

                         7.1.   Introduction

                         7.2.   supermarkets

          7.3.   hypermarkets

                         7.4.    convenience stores

                         7.5.   non-grocery retailers

                         7.6.   Others   

    Chapter 8.   Crunchy chocolates Market, By Region

                         8.1.   Introduction

                         8.2.   North America

                                   8.2.1.   Introduction

                                   8.2.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                   8.2.3.   Market Size and Forecast, By Country, 2020 - 2028

                                   8.2.4.   Market Size and Forecast, By Product Type, 2020 - 2028

                                   8.2.5.   Market Size and Forecast, By distribution channel, 2020 – 2028

                                   8.2.6.   US

                                                   8.2.6.1.   Introduction

                                                   8.2.6.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                                   8.2.6.3.   Market Size and Forecast, By Product Type, 2020 - 2028

                                                   8.2.6.4.   Market Size and Forecast, By distribution channel, 2020 - 2028

                                   8.2.7.   Canada

                                                   8.2.7.1.   Introduction

                                                   8.2.7.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                                   8.2.7.3.   Market Size and Forecast, By Product Type, 2020 - 2028

                                                  8.2.7.4.   Market Size and Forecast, By distribution channel, 2020 - 2028

                         8.3.   Europe

                                   8.3.1.   Introduction

                                   8.3.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                   8.3.3.   Market Size and Forecast, By Country, 2020 - 2028

                                   8.3.4.   Market Size and Forecast, By Product Type, 2020 - 2028

                                   8.3.5.   Market Size and Forecast, By distribution channel, 2020 – 2028

                                   8.3.6.   Germany

                                                   8.3.6.1.   Introduction

                                                   8.3.6.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                                   8.3.6.3.   Market Size and Forecast, By Product Type, 2020 - 2028

                                                   8.3.6.4.   Market Size and Forecast, By distribution channel, 2020 - 2028

                                   8.3.7.   France

                                                   8.3.7.1.   Introduction

                                                   8.3.7.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                                  8.3.7.3.   Market Size and Forecast, By Product Type, 2020 - 2028

                                                   8.3.7.4.   Market Size and Forecast, By distribution channel, 2020 - 2028

                                   8.3.8.   UK

                                                  8.3.8.1.   Introduction

                                                   8.3.8.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                                   8.3.8.3.   Market Size and Forecast, By Product Type, 2020 - 2028

                                                   8.3.8.4.   Market Size and Forecast, By distribution channel, 2020 - 2028

                                   8.3.9.   Italy

                                                   8.3.9.1.   Introduction

                                                   8.3.9.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                                   8.3.9.3.   Market Size and Forecast, By Product Type, 2020 - 2028

                                                   8.3.9.4.   Market Size and Forecast, By distribution channel n, 2020 - 2028

                                   8.3.10.   Rest Of Europe

                                                   8.3.10.1.   Introduction

                                                  8.3.10.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                                   8.3.10.3.   Market Size and Forecast, By Product Type, 2020 - 2028

                                                  8.3.10.4.   Market Size and Forecast, By distribution channel, 2020 - 2028

                         8.4.   Asia-Pacific

                                   8.4.1.   Introduction

                                   8.4.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                   8.4.3.   Market Size and Forecast, By Country, 2020 - 2028

                                   8.4.4.   Market Size and Forecast, By Product Type, 2020 - 2028

                                   8.4.5.   Market Size and Forecast, By distribution channel, 2020 - 2028

                                   8.4.6.   China

                                                   8.4.6.1.   Introduction

                                                   8.4.6.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                                   8.4.6.3.   Market Size and Forecast, By Product Type, 2020 - 2028

                                                   8.4.6.4.   Market Size and Forecast, By distribution channel, 2020 - 2028

                                   8.4.7.   India

                                                   8.4.7.1.   Introduction

                                                   8.4.7.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                                  8.4.7.3.   Market Size and Forecast, By Product Type, 2020 - 2028

                                                   8.4.7.4.   Market Size and Forecast, By distribution channel, 2020 - 2028

                                   8.4.8.   Japan

                                                  8.4.8.1.   Introduction

                                                   8.4.8.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                                  8.4.8.3.   Market Size and Forecast, By Product Type, 2020 - 2028

                                                   8.4.8.4.   Market Size and Forecast, By distribution channel, 2020 - 2028

                                   8.4.9.   South Korea

                                                   8.4.9.1.   Introduction

                                                   8.4.9.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                                   8.4.9.3.   Market Size and Forecast, By Product Type, 2020 - 2028

                                                  8.4.9.4.   Market Size and Forecast, By distribution channel, 2020 - 2028

                                   8.4.10.   Rest Of Asia-Pacific

                                                   8.4.10.1.   Introduction

                                                  8.4.10.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                                   8.4.10.3.   Market Size and Forecast, By Product Type, 2020 - 2028

                                                   8.4.10.4.   Market Size and Forecast, By distribution channel, 2020 - 2028

                         8.5.   Rest Of The World (RoW)

                                   8.5.1.   Introduction

                                   8.5.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                   8.5.3.   Market Size and Forecast, By Product Type, 2020 - 2028

                                   8.5.4.   Market Size and Forecast, By distribution channel, 2020 - 2028

                                   8.5.5.   Market Size and Forecast, By Region, 2020 - 2028

                                   8.5.6.   South America

                                                   8.5.6.1.   Introduction

                                                   8.5.6.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                                   8.5.6.3.   Market Size and Forecast, By Product Type, 2020 - 2028

                                                   8.5.6.4.   Market Size and Forecast, By distribution channel, 2020 - 2028

                                   8.5.7.   Middle East and Africa

                                                   8.5.7.1.   Introduction

                                                   8.5.7.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                                  8.5.7.3.   Market Size and Forecast, By Product Type, 2020 - 2028

                                                   8.5.7.4.   Market Size and Forecast, By distribution channel, 2020 - 2028

    Chapter 9.   Competitive Landscape

                         9.1.   Introduction

                         9.2.   Vendor Share Analysis, 2020/Key Players Positioning, 2020

    Chapter 10.   Company Profiles

                         10.1.   Mars Inc

                                   10.1.1.   Business Overview

                                   10.1.2.   Financial Analysis

                                   10.1.3.   Product Portfolio

                                   10.1.4.   Recent Development and Strategies Adopted

                                   10.1.5.   SWOT Analysis

                         10.2.    Mondelez Internationa

                                   10.2.1.   Business Overview

                                   10.2.2.    Financial Analysis

                                   10.2.3.   Product Portfolio

                                   10.2.4.   Recent Development and Strategies Adopted

                                   10.2.5.   SWOT Analysis

                         10.3.  Ferrero Group

                                   10.3.1.   Business Overview

                                   10.3.2.   Financial Analysis

                                   10.3.3.   Product Portfolio

                                   10.3.4.   Recent Development and Strategies Adopted

                                   10.3.5.   SWOT Analysis

                         10.4.  Nestle SA

                                   10.4.1.   Business Overview

                                   10.4.2.   Financial Analysis

                                   10.4.3.   Product Portfolio

                                   10.4.4.   Recent Development and Strategies Adopted

                                   10.4.5.   SWOT Analysis

                         10.5.   A. Loacker Spa

                                   10.5.1.   Business Overview

                                   10.5.2.   Financial Analysis

                                   10.5.3.   Product Portfolio

                                   10.5.4.   Recent Development and Strategies Adopted

                                   10.5.5.   SWOT Analysis

                         10.6.   Неrѕhеу'ѕ.

                                   10.6.1.   Business Overview

                                   10.6.2.   Financial Analysis

                                   10.6.3.   Product Portfolio

                                   10.6.4.   Recent Development and Strategies Adopted

                                   10.6.5.   SWOT Analysis

                         10.7.  Pierre Hermé Paris Lindt & Spruengli AG

                                   10.7.1.   Business Overview

                                   10.7.2.   Financial Analysis

                                   10.7.3.   Product Portfolio

                                   10.7.4.   Recent Development and Strategies Adopted

                                   10.7.5.   SWOT Analysis

                         10.8.   Yıldız Holding

                                   10.8.1.   Business Overview

                                   10.8.2.   Financial Analysis

                                   10.8.3.   Product Portfolio

                                   10.8.4.   Recent Development and Strategies Adopted

                                   10.8.5.   SWOT Analysis

                         10.9.   Maison Chaudun 

                                   10.9.1.   Business Overview

                                   10.9.2.   Financial Analysis

                                   10.9.3.   Product Portfolio

                                   10.9.4.   Recent Development and Strategies Adopted

                                   10.9.5.   SWOT Analysis

    Chapter 11.   Key Takeaways

     

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