Global Industrial Chocolate Market 2018-2022
About Industrial Chocolate
Industrial chocolate is manufactured by blending cocoa liquor/paste and butter with other ingredients such as sugar and powdered milk, which further undergoes a process known as coaching. Industrial chocolate is used inhouse by vertically integrated manufacturers or sold to third parties to produce finished chocolate products.
Technavio’s analysts forecast the global industrial chocolate market to grow at a CAGR of 4.44% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global industrial chocolate market for 2018-2022. To calculate the market size, the report considers the revenue generated from the use of industrial chocolate in application segments including confectionery, biscuits and bakery products, dairy and desserts, ice creams and frozen items, and cereals and other industrial chocolate applications.
The market is divided into the following segments based on geography: