Global White Chocolate Market 2021-2025
Technavio has been monitoring the white chocolate market and it is poised to grow by $ 1.78 bn during 2021-2025, progressing at a CAGR of 1.82% during the forecast period. Our report on the white chocolate market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by increasing premiumization of chocolates and increasing packaging innovations. In addition, increasing premiumization of chocolates is anticipated to boost the growth of the market as well.
The white chocolate market analysis includes the product segment and geographic landscape.
Technavio's white chocolate market is segmented as below:
- White chocolate bars
- White chocolate bulk
- White chocolate truffles
By Geographical Landscape
- North America
- South America
This study identifies the rise in promotional and marketing initiativesas one of the prime reasons driving the white chocolate market growth during the next few years.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on white chocolate market covers the following areas:
- White chocolate market sizing
- White chocolate market forecast
- White chocolate market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading white chocolate market vendors that include Barry Callebaut AG, Cargill Inc., Ferrero International SA, Lindt and Sprungli (USA) Inc., Lotte Shopping Co. Ltd., Mars Inc., Mondelez International Inc., Nestle SA, Strauss Group Ltd., and The Hershey Co. Also, the white chocolate market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.Companies Mentioned
Barry Callebaut AG, Cargill Inc., Ferrero International SA, Lindt and Sprungli (USA) Inc., Lotte Shopping Co. Ltd., Mars Inc., Mondelez International Inc., Nestle SA, Strauss Group Ltd., The Hershey Co.