January 13, 2020

Real and Compound Chocolate Market to Gather Momentum; the European Union Makes Regulation of Cadmium in Cocoa and Other Products More Stringent

The global real and compound chocolate market size it slated to reach USD 35.62 billion by 2026, registering a CAGR of 4.97% during the forecast period. Increasingly favorable conditions for economical variety of chocolates in developing nations is likely

These differences are expected to create lucrative opportunities for market players to develop more affordable chocolate products which will be widely consumed in these fledgling economies. Low-cost chocolate products made by the likes of Nestle and Cadbury are already popular in countries like India. Introduction of newer compound chocolate varieties would broaden the sales horizons of these companies further.

According to the new Fortune Business Insights™ report, titled “Real and Compound Chocolate Market Size, Share & Industry Analysis, By Type (Real Chocolate and Compound Chocolate), By Form (Chips, Slabs, Coatings, and Others), By Application (Confectionery, Bakery, Dairy and Frozen Products, Beverages, and Others), and Regional Forecasts, 2019 – 2026”, the value of the market stood at USD 24.25 billion in 2018. The report additionally provides a comprehensive overview of the overall industry outlook that will play a major role in shaping the future of this market. Moreover, the report contains an in-depth analysis of the various drivers, factors, prospects, trends, and other dynamics that influence the share, size, and revenue, among other aspects, of the market during the forecast period.

Real chocolate consists of cocoa butter that is derived from the cacao bean and needs to undergo the process of tempering. Compound chocolate contains vegetable oil and tempering is not required.

To Gain More Insights into the Market with Detailed Table of Content and Figures, Click Here:

https://www.fortunebusinessinsights.com/industry-reports/real-and-compound-chocolate-market-101681