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Global White Chocolate Market 2019-2023

Global White Chocolate Market 2019-2023

About this market

The rising adoption of white chocolate in diverse application sectors will continuously impact the market growth positively. Owing to factors including negligible caffeine content and smoother buttery texture compared to other variants, there has been an increasing awareness about the different applications of white chocolate among the consumers. This will eventually, foster the market growth considerably in the upcoming years. Technavio’s analysts have predicted that the white chocolate market will register a CAGR of nearly 2% by 2023.

Market Overview

Rising adoption of white chocolate in diverse application sectors

One of the growth drivers of the global white chocolate market is the rising adoption of white chocolate in diverse application sectors. The growing demand for white chocolate as an ingredient across applications is expected to drive the adoption of white chocolate globally.

Rising demand for substitute products

One of the challenges in the growth of the global white chocolate market is the rising demand for substitute products. The growth of the global white chocolate market is hindered by the rising demand for and popularity of its substitutes such as milk chocolate, ruby chocolate, and dark chocolate.

For the detailed list of factors that will drive and challenge the growth of the white chocolate market during 2019-2023, view our report.

Competitive Landscape

The market appears to be moderately fragmented with the presence of several market players. Vendors in the global white chocolate market have been frequently launching campaigns and promotional activities to attract consumers. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.


Press Release

Technavio Announces the Publication of its Research Report – Global White Chocolate Market 2019-2023

Technavio recognizes the following companies as the key players in the global white chocolate market: Chocoladefabriken Lindt & Sprüngli AG, Mars, Incorporated and its Affiliates, Mondelēz International, Nestlé, and The Hershey Company.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the increasing popularity of organic, gluten-free, and vegan white chocolates.”

According to the report, one of the major drivers for this market is the rising adoption of white chocolate in diverse application sectors.

Further, the report states that one of the major factors hindering the growth of this market is the health problems associated with consumption of white chocolate.

Companies Mentioned

Chocoladefabriken Lindt & Sprüngli AG

Mars, Incorporated and its Affiliates

Mondelēz International

Nestlé

The Hershey Company

  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global confectionery market
      • Table Segments of global confectionary market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by product
    • Table Product - Market share 2018-2023 (%)
    • Comparison by product
      • Table Comparison by product
    • White chocolate bars - Market size and forecast 2018-2023
      • Table White chocolate bars - Market size and forecast 2018-2023 ($ millions)
      • Table White chocolate bars - Year-over-year growth 2019-2023 (%)
    • White chocolate bulk - Market size and forecast 2018-2023
      • Table White chocolate bulk - Market size and forecast 2018-2023 ($ millions)
      • Table White chocolate bulk - Year-over-year growth 2019-2023 (%)
    • White chocolate truffles - Market size and forecast 2018- 2023
      • Table White chocolate truffles - Market size and forecast 2018-2023 ($ millions)
      • Table White chocolate truffles - Year-over-year growth 2019-2023 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 ($ millions)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 ($ millions)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 ($ millions)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • MEA - Market size and forecast 2018-2023
      • Table MEA - Market size and forecast 2018-2023 ($ millions)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market Trends
    • Increasing popularity of organic, gluten-free, and vegan white chocolates
    • Rising trend of premiumization of white chocolate
    • Promotional activities and campaigns featuring white chocolates
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Chocoladefabriken Lindt & Sprüngli AG
      • Table Chocoladefabriken Lindt & Sprüngli AG - Vendor overview
      • Table Chocoladefabriken Lindt & Sprüngli AG - Business segments
      • Table Chocoladefabriken Lindt & Sprüngli AG - Organizational developments
      • Table Chocoladefabriken Lindt & Sprüngli AG - Segment focus
      • Table Chocoladefabriken Lindt & Sprüngli AG - Key offerings
    • Mars, Incorporated and its Affiliates
      • Table Mars, Incorporated and its Affiliates - Vendor overview
      • Table Mars, Incorporated and its Affiliates - Product segments
      • Table Mars, Incorporated and its Affiliates - Organizational developments
      • Table Mars, Incorporated and its Affiliates - Segment focus
      • Table Mars, Incorporated and its Affiliates - Key offerings
    • Mondelez International
      • Table Mondelez International - Vendor overview
      • Table Mondelez International - Business segments
      • Table Mondelez International - Organizational developments
      • Table Mondelez International - Segment focus
      • Table Mondelez International - Key offerings
    • Nestlé
      • Table Nestlé - Vendor overview
      • Table Nestlé - Business segments
      • Table Nestlé - Organizational developments
      • Table Nestlé - Geographic focus
      • Table Nestlé - Segment focus
      • Table Nestlé - Key offerings
    • The Hershey Company
      • Table The Hershey Company - Vendor overview
      • Table The Hershey Company - Business segments
      • Table The Hershey Company - Segment focus
      • Table The Hershey Company - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
  • Explore Technavio

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