Industrial Chocolate Market by Application, Entity, and Geography - Global Forecast and Analysis 2019-2023

Global Industrial Chocolate Market:

About this market

Technavio’s industrial chocolate market analysis considers sales from both confectionery, biscuits and bakery products, dairy and desserts, ice creams and frozen items, and cereals and other industrial chocolate applications. Our analysis also considers the sales of industrial chocolate in Europe, North America, South America, and MEA. In 2018, the confectionery segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as rising demand for industrial chocolate from end-users will play a significant role in the confectionery segment to maintain its market position. Also, our global industrial chocolate market report looks at factors such as growing consumer awareness about the health benefits of dark chocolate, rising demand for ruby chocolates, and technological innovations in the industrial chocolate supply chain. However, fluctuations in the prices of cocoa and sugar, stringent regulations regarding quality of industrial chocolate, and product recall of chocolate at various levels of the supply chain may hamper the growth of the industrial chocolate industry over the forecast period.

Global Industrial Chocolate Market: Overview

Technological innovations in industrial chocolate supply chain

Recent technological innovations in industrial chocolate supply chain are blockchain and traceable cocoa. Industrial chocolate is prone to contamination during logistics and warehousing. Transparency in logistics can be enhanced by the introduction of blockchain technology, which helps in tracking the information at each checkpoint from harvesting to placement in shops improving food traceability and assuring food safety. These technologies will help chocolate manufacturers to build strong trust among customers at different levels of value chain leading to the expansion of the global industrial chocolate market at a CAGR of almost 5% during the forecast period.

The growing popularity of clean-label chocolate

The clean label refers to the simplification of the chocolate manufacturing process by using as few ingredients as possible. This is leading the vendors to expand their product lines to include organic, low-carb, non-genetically modified organism (GMO), gluten-free, and vegetable-based alternatives as consumer seek healthier options. Owing to the change in consumer preference, the demand for clean-label chocolates will increase. This growing popularity is expected to have a positive impact on the overall market growth.

For the detailed list of factors that will drive the global industrial chocolate market during the forecast period 2019-2023, click here.

Competitive Landscape

With the presence of a few major players, the global industrial chocolate market is concentrated. 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 few leading industrial chocolate manufacturers, that include Barry Callebaut AG, Cargill Inc., Cemoi Group, Clasen Quality Coatings Inc., Fuji Oil Co. Ltd., Mars Inc., Mondelēz International Inc., NATRA SA, Nestlé SA, The Hershey Co.

Also, the industrial chocolate market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.


  • Executive summary
  • Scope of the report
    • Preface
      • Table Vendor: Key offerings
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global food and beverages market
      • Table Segments of global food and beverages 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 ($ billions)
      • Table Global market: Size and forecast 2018-2023 (thousand t)
      • 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 application
    • Table Market share by application- 2018 (%)
    • Confectionery
    • Biscuits and bakery products
    • Dairy and desserts
    • Ice creams and frozen items
    • Cereals and other industrial chocolate applications
  • 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 (thousand t)
      • 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 (thousand t)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 (thousand t)
      • 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 (thousand t)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • MEA - Market size and forecast 2018-2023
      • Table MEA - Market size and forecast 2018-2023 (thousand t)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Market segmentation by entity
    • Table Entity - Market share 2018-2023 (%)
    • Comparison by entity
      • Table Comparison by entity
    • Integrated industrial chocolate - Market size and forecast 2018-2023
      • Table Integrated industrial chocolate - Market size and forecast 2018-2023 (thousand t)
      • Table Integrated industrial chocolate - Year-over-year growth 2019-2023 (%)
    • Open industrial chocolate - Market size and forecast 2018- 2023
      • Table Open industrial chocolate - Market size and forecast 2018-2023 (thousand t)
      • Table Open industrial chocolate - Year-over-year growth 2019-2023 (%)
    • Market opportunity by entity
      • Table Market opportunity by entity
  • Decision Framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Growing vendor emphasis on sustainable cocoa production
    • Personalization and mass customization
    • Growing popularity of clean-label chocolate
  • 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
    • Barry Callebaut AG
      • Table Barry Callebaut AG - Vendor overview
      • Table Barry Callebaut AG - Product segments
      • Table Barry Callebaut AG - Organizational developments
      • Table Barry Callebaut AG - Geographic focus
      • Table Barry Callebaut AG - Segment focus
      • Table Barry Callebaut AG - Key offerings
    • Cargill Inc.
      • Table Cargill Inc. - Vendor overview
      • Table Cargill Inc. - Product segments
      • Table Cargill Inc. - Organizational developments
      • Table Cargill Inc. - Geographic focus
      • Table Cargill Inc. - Key offerings
    • Cemoi Group
      • Table Cemoi Group - Vendor overview
      • Table Cemoi Group - Product segments
      • Table Cemoi Group - Key offerings
    • Clasen Quality Coatings Inc.
      • Table Clasen Quality Coatings Inc. - Vendor overview
      • Table Clasen Quality Coatings Inc. - Product segments
      • Table Clasen Quality Coatings Inc. - Key offerings
    • Fuji Oil Co. Ltd.
      • Table Fuji Oil Co. Ltd. - Vendor overview
      • Table Fuji Oil Co. Ltd. - Product segments
      • Table Fuji Oil Co. Ltd. - Organizational developments
      • Table Fuji Oil Co. Ltd. - Geographic focus
      • Table Fuji Oil Co. Ltd. - Segment focus
      • Table Fuji Oil Co. Ltd. - Key offerings
    • Mars Inc.
      • Table Mars Inc. - Vendor overview
      • Table Mars Inc. - Business segments
      • Table Mars Inc. - Organizational developments
      • Table Mars Inc. - Key offerings
    • Mondelez International Inc.
      • Table Mondelez International Inc. - Vendor overview
      • Table Mondelez International Inc. - Product segments
      • Table Mondelez International Inc. - Organizational developments
      • Table Mondelez International Inc. - Geographic focus
      • Table Mondelez International Inc. - Segment focus
      • Table Mondelez International Inc. - Key offerings
    • NATRA SA
      • Table NATRA SA - Vendor overview
      • Table NATRA SA - Product segments
      • Table NATRA SA - Key offerings
    • Nestlé SA
      • Table Nestlé SA - Vendor overview
      • Table Nestlé SA - Business segments
      • Table Nestlé SA - Organizational developments
      • Table Nestlé SA - Segment focus
      • Table Nestlé SA - Key offerings
    • The Hershey Co.
      • Table The Hershey Co. - Vendor overview
      • Table The Hershey Co. - Business segments
      • Table The Hershey Co. - Organizational developments
      • Table The Hershey Co. - Geographic focus
      • Table The Hershey Co. - Segment focus
      • Table The Hershey Co. - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
    • Definition of market positioning of vendors
      • Table Definition of market positioning of vendors
  • Explore Technavio

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