
Africa Compound Chocolate Market Report and Forecast 2025-2034
Description
The Africa compound chocolate market size is projected to grow at a CAGR of 6.90% between 2025 and 2034. The major drivers of the market include rising disposable incomes and expansion of the frozen desserts sector.
Key Trends in the Market
Compound chocolate is derived from the combination of sugar, milk, vegetable fats such as coconut oil, kernel oil, and soy, and emulsifiers, with cacao bean as its main ingredient. It is commonly referred to as baker’s chocolate, non-temper coating, confectionary coating, and coating chocolate.
The EMR’s report titled “Africa Compound Chocolate Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Market Africa Compound Chocolate
Bakeries are anticipated to account for a significant Africa compound chocolate market share owing to the rising applications of compound chocolate in the baking industry. Compounds chocolates are widely used in baked products such as cakes, cookies, and pastries either as a core ingredient or for decorative purposes. The utilisation of compound chocolates for coating on baked products boosts the aesthetic appeal of the item while having no detrimental effects on the shelf life of the product.
Market Share by Type
Milk chocolates are expected to hold a significant share of the market owing to the growing popularity of milk chocolates in Africa. The sweet and creamy flavour of the milk compound chocolate due to the presence of cocoa solid, sugar, cocoa butter, and milk powder is increasing its demand. The smooth texture makes it suitable for various applications such as baking and for preparation of frozen desserts, fuelling the Africa compound chocolate market demand.
Competitive Landscape
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
Puratos Group
Puratos Group was founded in 1919 and is headquartered in Brussels, Belgium. The company offers a range of innovative food ingredients and services for chocolate, bakery, and patisserie sectors around the globe.
Cargill, Incorporated
Cargill, Incorporated is private food company that was founded in 1865 and is headquartered in Minnesota, United States. The company is known for processing poultry, value added egg and meat, and beef products to the food service companies.
Ferrero International SA
Ferrero International SA was established in 1946 and has its headquarters located in Alba, Italy. The multinational company manufactures branded confectionary and chocolate products and sells them to their consumers across the globe.
Other market players include The Bühler Holding AG, Mondelēz International, Inc., Fuji Oil Holdings Inc., Meiji Group, Lindt & Sprungli AG, Cocoa Processing Company Limited, and Cémoi Group, among others.
Key Trends in the Market
Compound chocolate is derived from the combination of sugar, milk, vegetable fats such as coconut oil, kernel oil, and soy, and emulsifiers, with cacao bean as its main ingredient. It is commonly referred to as baker’s chocolate, non-temper coating, confectionary coating, and coating chocolate.
- Changing lifestyle and altering eating habits of children are boosting the Africa compound chocolate market growth. Increased consumption of cereals is fuelling the requirement for compound chocolate as various manufacturers are introducing chocolate flavours in order to appeal to young children.
- Increasing consumption of compound chocolate among consumers in Africa owing to rising disposable incomes and changing eating patterns, along with the rising applications of compound chocolate in various food products including cookies, pastries, and cakes in the form of coatings, chunks, and drizzles is aiding the market growth.
- Growing health consciousness among consumers is positively the expansion of the compound chocolate market in Africa. Introduction of healthy chocolate alternatives such as low sugar or sugar free compound chocolates is broadening the consumer base of the product in Africa.
The EMR’s report titled “Africa Compound Chocolate Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Market Africa Compound Chocolate
- Dark Chocolate
- White Chocolate
- Milk Chocolate
- Chocolate Chips/Drops/Chunk
- Chocolate Coatings
- Chocolate Slab
- Other
- Bakery
- Confectionary
- Frozen Desserts and Ice-Cream
- Beverages
- Cereals
- Others
- South Africa
- Egypt
- Nigeria
- Algeria
- Others
Bakeries are anticipated to account for a significant Africa compound chocolate market share owing to the rising applications of compound chocolate in the baking industry. Compounds chocolates are widely used in baked products such as cakes, cookies, and pastries either as a core ingredient or for decorative purposes. The utilisation of compound chocolates for coating on baked products boosts the aesthetic appeal of the item while having no detrimental effects on the shelf life of the product.
Market Share by Type
Milk chocolates are expected to hold a significant share of the market owing to the growing popularity of milk chocolates in Africa. The sweet and creamy flavour of the milk compound chocolate due to the presence of cocoa solid, sugar, cocoa butter, and milk powder is increasing its demand. The smooth texture makes it suitable for various applications such as baking and for preparation of frozen desserts, fuelling the Africa compound chocolate market demand.
Competitive Landscape
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
Puratos Group
Puratos Group was founded in 1919 and is headquartered in Brussels, Belgium. The company offers a range of innovative food ingredients and services for chocolate, bakery, and patisserie sectors around the globe.
Cargill, Incorporated
Cargill, Incorporated is private food company that was founded in 1865 and is headquartered in Minnesota, United States. The company is known for processing poultry, value added egg and meat, and beef products to the food service companies.
Ferrero International SA
Ferrero International SA was established in 1946 and has its headquarters located in Alba, Italy. The multinational company manufactures branded confectionary and chocolate products and sells them to their consumers across the globe.
Other market players include The Bühler Holding AG, Mondelēz International, Inc., Fuji Oil Holdings Inc., Meiji Group, Lindt & Sprungli AG, Cocoa Processing Company Limited, and Cémoi Group, among others.
Table of Contents
162 Pages
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Countries
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 Global Compound Chocolate Market Overview
- 5.1 Key Industry Highlights
- 5.2 Global Compound Chocolate Historical Market (2018-2024)
- 5.3 Global Compound Chocolate Market Forecast (2025-2034)
- 5.4 Global Compound Chocolate Market by Region
- 5.4.1 North America
- 5.4.2 Europe
- 5.4.3 Asia Pacific
- 5.4.4 Latin America
- 5.4.5 Middle East and Africa
- 6 Africa Compound Chocolate Market Overview
- 6.1 Key Industry Highlights
- 6.2 Africa Compound Chocolate Historical Market (2018-2024)
- 6.3 Africa Compound Chocolate Market Forecast (2025-2034)
- 7 Africa Compound Chocolate Market by Type
- 7.1 Dark Chocolate
- 7.1.1 Historical Trend (2018-2024)
- 7.1.2 Forecast Trend (2025-2034)
- 7.2 White Chocolate
- 7.2.1 Historical Trend (2018-2024)
- 7.2.2 Forecast Trend (2025-2034)
- 7.3 Milk Chocolate
- 7.3.1 Historical Trend (2018-2024)
- 7.3.2 Forecast Trend (2025-2034)
- 8 Africa Compound Chocolate Market by Form
- 8.1 Chocolate Chips/Drops/Chunk
- 8.1.1 Historical Trend (2018-2024)
- 8.1.2 Forecast Trend (2025-2034)
- 8.2 Chocolate Coatings
- 8.2.1 Historical Trend (2018-2024)
- 8.2.2 Forecast Trend (2025-2034)
- 8.3 Chocolate Slab
- 8.3.1 Historical Trend (2018-2024)
- 8.3.2 Forecast Trend (2025-2034)
- 8.4 Other
- 9 Africa Compound Chocolate Market by Application
- 9.1 Bakery
- 9.1.1 Historical Trend (2018-2024)
- 9.1.2 Forecast Trend (2025-2034)
- 9.2 Confectionary
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 9.3 Frozen Desserts and Ice-Cream
- 9.3.1 Historical Trend (2018-2024)
- 9.3.2 Forecast Trend (2025-2034)
- 9.4 Beverages
- 9.4.1 Historical Trend (2018-2024)
- 9.4.2 Forecast Trend (2025-2034)
- 9.5 Cereals
- 9.5.1 Historical Trend (2018-2024)
- 9.5.2 Forecast Trend (2025-2034)
- 9.6 Others
- 10 Africa Compound Chocolate Market by Country
- 10.1 South Africa
- 10.1.1 Historical Trend (2018-2024)
- 10.1.2 Forecast Trend (2025-2034)
- 10.2 Egypt
- 10.2.1 Historical Trend (2018-2024)
- 10.2.2 Forecast Trend (2025-2034)
- 10.3 Nigeria
- 10.3.1 Historical Trend (2018-2024)
- 10.3.2 Forecast Trend (2025-2034)
- 10.4 Algeria
- 10.4.1 Historical Trend (2018-2024)
- 10.4.2 Forecast Trend (2025-2034)
- 10.5 Others
- 11 Market Dynamics
- 11.1 SWOT Analysis
- 11.1.1 Strengths
- 11.1.2 Weaknesses
- 11.1.3 Opportunities
- 11.1.4 Threats
- 11.2 Porter’s Five Forces Analysis
- 11.2.1 Supplier’s Power
- 11.2.2 Buyer’s Power
- 11.2.3 Threat of New Entrants
- 11.2.4 Degree of Rivalry
- 11.2.5 Threat of Substitutes
- 11.3 Key Indicators for Demand
- 11.4 Key Indicators for Price
- 12 Competitive Landscape
- 12.1 Supplier Selection
- 12.2 Key Global Players
- 12.3 Key Regional Players
- 12.4 Key Player Strategies
- 12.5 Company Profiles
- 12.5.1 Puratos Group
- 12.5.1.1 Company Overview
- 12.5.1.2 Product Portfolio
- 12.5.1.3 Demographic Reach and Achievements
- 12.5.1.4 Certifications
- 12.5.2 Cargill, Incorporated
- 12.5.2.1 Company Overview
- 12.5.2.2 Product Portfolio
- 12.5.2.3 Demographic Reach and Achievements
- 12.5.2.4 Certifications
- 12.5.3 Ferrero International SA
- 12.5.3.1 Company Overview
- 12.5.3.2 Product Portfolio
- 12.5.3.3 Demographic Reach and Achievements
- 12.5.3.4 Certifications
- 12.5.4 The Bühler Holding AG
- 12.5.4.1 Company Overview
- 12.5.4.2 Product Portfolio
- 12.5.4.3 Demographic Reach and Achievements
- 12.5.4.4 Certifications
- 12.5.5 Mondel?z International, Inc.
- 12.5.5.1 Company Overview
- 12.5.5.2 Product Portfolio
- 12.5.5.3 Demographic Reach and Achievements
- 12.5.5.4 Certifications
- 12.5.6 Fuji Oil Holdings Inc.
- 12.5.6.1 Company Overview
- 12.5.6.2 Product Portfolio
- 12.5.6.3 Demographic Reach and Achievements
- 12.5.6.4 Certifications
- 12.5.7 Meiji Group
- 12.5.7.1 Company Overview
- 12.5.7.2 Product Portfolio
- 12.5.7.3 Demographic Reach and Achievements
- 12.5.7.4 Certifications
- 12.5.8 Lindt & Sprungli AG
- 12.5.8.1 Company Overview
- 12.5.8.2 Product Portfolio
- 12.5.8.3 Demographic Reach and Achievements
- 12.5.8.4 Certifications
- 12.5.9 Cocoa Processing Company Limited
- 12.5.9.1 Company Overview
- 12.5.9.2 Product Portfolio
- 12.5.9.3 Demographic Reach and Achievements
- 12.5.9.4 Certifications
- 12.5.10 Cémoi Group
- 12.5.10.1 Company Overview
- 12.5.10.2 Product Portfolio
- 12.5.10.3 Demographic Reach and Achievements
- 12.5.10.4 Certifications
- 12.5.11 Others
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