Crunchy Chocolate Market Share, Size, key Players, Industry Insights, Opportunity and Forecast to 2027

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The report has segmented the global crunchy chocolate market on the basis of distribution channel and region.

The Latest Report by IMARC Group’s, titled “Crunchy Chocolate Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on the crunchy chocolate market share

The global crunchy chocolate market size reached US$ 3.08 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 3.87 Billion by 2027, exhibiting at a CAGR of 3.8% during 2022-2027. Crunchy chocolate, also known as wafer chocolate, refers to crispy wafers coated with a chocolate layer. It is prepared from a wide variety of ingredients including cocoa butter, sugar, wafer, skimmed milk powder, emulsifier, coconut oil, and flavourings. Nowadays, manufacturers are introducing many product variants of crunchy chocolates which are not only delicious but also cater to the needs and demands of a health-conscious consumer-base.

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Crunchy Chocolate Market Trends:

The rising popularity of crunchy chocolate has resulted in product premiumization and manufacturing of vegan gluten-free, organic and energy bars with added nuts, dried fruits and cereals. This, in turn, has propelled the growth of the market. As the chunks and crumbs of crunchy chocolate are used in the preparation of beverages, such as smoothies, coffee or in chocolate sandwiches, the demand for crunchy chocolate is projected to escalate in the upcoming years. Some of the other factors contributing to the market growth across the globe are expanding distribution channels, flourishing food and beverage industry and rising disposable incomes of the consumers. The major factor hindering the crunchy chocolate market is the presence of high saturated fats and sugar content which can lead to numerous health problems, such as obesity, tooth decay, etc.

Crunchy Chocolate Market 2022-2027 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the crunchy chocolate market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

  • Mars Inc
  • Mondelez International Inc
  • Nestle SA
  • Ferrero Group
  • Hershey Foods Corp
  • Grupo Arcor

Key Market Segmentation:

The report has segmented the global crunchy chocolate market on the basis of distribution channel and region.

Breakup by Distribution Channel:

  • super- and hyper-markets
  • convenience stores
  • non-grocery retailers
  • others.

Breakup by Region:

  • Western Europe
  • North America
  • Eastern Europe
  • Asia
  • Latin America
  • Middle East
  • Africa
  • Australia

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Key Highlights of the Report:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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