Market Overview:
The global couverture chocolate market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for premium chocolates and rising awareness about the health benefits of chocolate. Based on type, the global couverture chocolate market is segmented into organic and traditional. The organic segment is projected to grow at a higher CAGR during the forecast period, owing to increasing consumer preference for healthy food products. Based on application, the global couverture chocolate market is segmented into offline and online channels. The offline channel accounted for a larger share of the global couverture chocolate market in 2017 and is expected to maintain its dominance during the forecast period as well. This can be attributed to high demand from retail stores and restaurants/cafes across regions worldwide. However, with growing penetration of internet users globally, online sales are projected to grow at a higher rate than offline sales duringthe forecast period .
Product Definition:
Couverture chocolate is a type of chocolate that contains a higher percentage of cocoa butter than regular chocolate. This makes it more melt-able and gives it a richer flavor. It is often used for making truffles and other delicate chocolates.
Organic:
Organic products are those manufactured or processed without the use of chemical additives, fertilizers, antibiotics or growth promoters. Organic ingredients are increasingly being used in the food and beverage industry on account of rising health awareness among consumers.
The organic market is expected to witness significant growth over the forecast period owing to factors such as changing consumer lifestyle and increasing disposable income leading to higher spending on luxury goods.
Traditional:
Traditional cocoa is the cocoa that has been grown and processed according to traditional farming methods. The majority of the couverture chocolates contain at least 70% of this type. It has a rich, chocolatey flavor and aroma with low sugar content making it ideal for diabetic patients as well as for those who are trying to lose weight.
Application Insights:
Offline to online was the largest application segment in 2017. Offline to offline has been declining over the past few years and is expected to continue this trend over the forecast period. The growth of online channels has been phenomenal since 2014 with a significant rise in e-commerce platforms across countries such as India, China, Australia and Germany. This trend is expected to continue during the forecast period with more players entering into online chocolate retailing which will fuel demand further.
Online or digital chocolate distribution channels have gained prominence due to their ease of access and convenience coupled with cost effectiveness for both manufacturers as well as consumers.
Regional Analysis:
North America couverture chocolate market is expected to witness significant growth over the forecast period owing to increasing consumption of dark chocolates. The U.S., in particular, is one of the largest consumers of packaged food products and has a high preference for convenience foods as well as those that are consumed on-the-go. This factor will work in favor of North America's couverture chocolate industry during the forecast period.
Asia Pacific accounted for more than 25% share in 2017 and is expected to expand at a CAGR exceeding 6% from 2018 to 2030 due to growing middle class populations along with rising disposable incomes resulting from rapid economic development across countries such as China, India, Thailand, Malaysia and Indonesia among others which will drive demand for various types of packaged food including ready-to-eat hot meals such as ready meal kits (RMPK) and fast foods such as burgers, sandwiches etc.
Growth Factors:
- Increasing demand for premium chocolates: The global chocolate market is growing at a healthy rate and the demand for premium chocolates is increasing significantly. This presents a great opportunity for Couverture Chocolate manufacturers to capitalize on the trend and increase their market share.
- Growing popularity of chocolate-based desserts: Chocolate-based desserts are becoming increasingly popular, especially in developed countries. This provides further growth potential for Couverture Chocolate manufacturers as they can tap into this trend by launching new products and marketing them effectively.
- Rising disposable income levels: Disposable income levels are rising in many countries around the world, providing consumers with more money to spend on luxury items such as high-quality chocolate products. This offers significant growth potential for Couverture Chocolate manufacturers who can target these consumers effectively.
Scope Of The Report
Report Attributes
Report Details
Report Title
Couverture Chocolate Market Research Report
By Type
Organic, Traditional
By Application
Offline, Online
By Companies
Lindt, Callebaut, El Rey, Felchlin, Ferrero, Fuji Oil, Godiva, Grand Place Corporation, Guittard, Konnyakuya Honpo Co, Meiji Holdings Co, Montezumas, Scharffen Berger, Valrhona
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Couverture Chocolate Market Report Segments:
The global Couverture Chocolate market is segmented on the basis of:
Types
Organic, Traditional
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Offline, Online
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Lindt
- Callebaut
- El Rey
- Felchlin
- Ferrero
- Fuji Oil
- Godiva
- Grand Place Corporation
- Guittard
- Konnyakuya Honpo Co
- Meiji Holdings Co
- Montezumas
- Scharffen Berger
- Valrhona
Highlights of The Couverture Chocolate Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Organic
- Traditional
- By Application:
- Offline
- Online
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Couverture Chocolate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Couverture chocolate is a type of chocolate that has been coated in a layer of cocoa butter. This makes the chocolate more creamy and smooth, and it also gives it a richer flavor.
Some of the major companies in the couverture chocolate market are Lindt, Callebaut, El Rey, Felchlin, Ferrero, Fuji Oil, Godiva, Grand Place Corporation, Guittard, Konnyakuya Honpo Co, Meiji Holdings Co, Montezumas, Scharffen Berger, Valrhona.
The couverture chocolate market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Couverture Chocolate Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Couverture Chocolate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Couverture Chocolate Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Couverture Chocolate Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Couverture Chocolate Market Size & Forecast, 2020-2028
4.5.1 Couverture Chocolate Market Size and Y-o-Y Growth
4.5.2 Couverture Chocolate Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Organic
5.2.2 Traditional
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Offline
6.2.2 Online
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Couverture Chocolate Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Couverture Chocolate Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Organic
9.6.2 Traditional
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Offline
9.10.2 Online
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Organic
10.6.2 Traditional
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Offline
10.10.2 Online
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Organic
11.6.2 Traditional
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Offline
11.10.2 Online
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Organic
12.6.2 Traditional
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Offline
12.10.2 Online
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Organic
13.6.2 Traditional
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Offline
13.10.2 Online
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Couverture Chocolate Market: Competitive Dashboard
14.2 Global Couverture Chocolate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Lindt
14.3.2 Callebaut
14.3.3 El Rey
14.3.4 Felchlin
14.3.5 Ferrero
14.3.6 Fuji Oil
14.3.7 Godiva
14.3.8 Grand Place Corporation
14.3.9 Guittard
14.3.10 Konnyakuya Honpo Co
14.3.11 Meiji Holdings Co
14.3.12 Montezumas
14.3.13 Scharffen Berger
14.3.14 Valrhona
