Global Chocolate Confectionery Market: Size and Trends Impact of COVID-19 and Forecast up to 2028

DELHI, India - June 23, 2023 - PRLog -- The global chocolate confectionery market in 2022 stood at US$137.95 billion, and is likely to reach US$186.99 billion by 2028. Chocolate confectionery refers to sweet treats primarily composed of chocolate or cocoa derivatives, including products such as chocolate bars, truffles, and pralines. Originating as a luxury item in Mesoamerica, chocolate underwent a transformation to a sweet beverage favored by European elites, following the introduction of sugar. The 20th-century industrial revolution, marked by key innovations such as the cocoa press and mass production, led to the evolution of chocolate from a premium product to a universally relished confectionery.

Scope of the Report

-- An in-depth analysis of the global chocolate confectionery market by value, by category, by product type, by price point, by age group, by distribution channel, by region, etc.

-- The regional analysis of the chocolate confectionery market includes the following regions:

Europe (Germany, UK, France, and rest of Europe)
North America (the US, Canada, and Mexico)
Asia Pacific (Japan, China, India, and Rest of the Asia Pacific)
Latin America
Middle East & Africa

-- Comprehensive information about emerging markets. This report analyses the market for various segments across geographies.

-- Provides an analysis of the COVID-19 impact on the global chocolate confectionery market, with post COVID impact analysis.

-- Assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall chocolate confectionery market has also been forecasted for the period 2023-2028, taking into consideration the previous growth patterns, the growth drivers, and the current and future trends.

-- Evaluation of the potential role of chocolate confectionery services to improve the market status.

-- Identification of new technological developments, R&D activities, and collaborations occurring in the chocolate confectionery market.

-- In-depth profiling of the key players, including the assessment of the business overview, market strategies, regional and business segments of the leading players in the market.

-- The recent developments, mergers and acquisitions related to mentioned key players are provided in the market report.

-- The in-depth analysis provides an insight into the market, underlining the growth rate and opportunities offered in the business.

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