Market Overview:
The global nut chocolate market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for premium chocolates, rising disposable incomes, and growing awareness about the health benefits of consuming nuts. The global nut chocolate market is segmented on the basis of type into white chocolate, dark chocolate, milk chocolate, and others. The milk chocolate segment is expected to account for the largest share of the global nut chocolate market in 2018 owing to its high demand among consumers. Dark chocolates are also gaining popularity due to their purported health benefits such as weight loss and improved heart health. On the basis of application, the global nut Chocolate market is segmented into comprehensive shopping websites, official shopping websites, supermarkets/hypermarkets/discount stores/warehouse clubs), store-based retailing channels (independent small retailers and convenience stores), and others (online retailing and foodservice).
Product Definition:
White Chocolate:
White chocolate, also known as milk chocolate or cocoa butter chocolate, is a type of dark chocolates made with the highest quality ingredients. It contains little to no sugar and is used in numerous applications such as bakery products and confectioneries. The product has high demand among consumers due to its premium taste and flavor characteristics which are similar to that of regular dark chocolates but with less intense flavors.
Dark Chocolate:
Chocolate is a food product prepared from cocoa seeds. It has high content of flavonoids and antioxidants, which helps in reducing the risk of cardiovascular diseases, type 2 diabetes and certain types of cancers. Dark chocolate contains higher percentage of cocoa than milk chocolate; it also has higher percentage of sugar than any other type.
The global dark chocolate market size was valued at USD 1.10 billion in 2016.
Application Insights:
The comprehensive shopping website accounted for the largest revenue share of over 40% in 2017. The growth is attributed to the increasing number of online consumers across the globe. According to a study, published by e-commerce industry body, Amazon, Inc., in 2018, stated that nearly 60% of all American households purchased products through amazon.com on a regular basis and this was up from around 50% in 2016. This significant rise can be accredited to various factors such as easy access to internet facilities coupled with growing preference for purchasing goods online due to hectic work schedules among consumers globally.
The official shopping website segment is expected witness considerable growth over the forecast period owing to increased product availability at cheaper prices as compared with other chocolate brands or supermarkets selling generic chocolates under different brand names including Toblerone and Kitkat which are available at higher retail prices than other brands or supermarkets selling generic chocolates under different brand names including Toblerone.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position over the forecast period. Increasing demand for chocolate across this region can be attributed to various factors including changing eating habits, rise in popularity of dark chocolates, and increasing health consciousness among consumers.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rising disposable income levels and improving standards of living especially in developing countries such as India and China.
Middle East & Africa has been witnessing steady growth due high consumer awareness regarding health benefits associated with different types of chocolates including nut variety which will positively influence market growth over next few years (Ref: Chocolate Industry Magazine).
Growth Factors:
- Increasing demand for healthy snacks: The global nut chocolate market is expected to grow at a CAGR of 5.5% during the forecast period owing to the increasing demand for healthy snacks. This is mainly because consumers are becoming more health conscious and are looking for healthier alternatives to conventional snacks.
- Rising disposable income: Another key factor driving the growth of the global nut chocolate market is rising disposable income, especially in developing countries such as India and China. This has led to an increase in spending on premium food products, including nut chocolates.
- Growing popularity of dark chocolate: Dark chocolate is gaining popularity due to its health benefits such as improved cardiovascular health and reduced risk of cancer. This is expected to boost demand for nut chocolates, which are generally made with dark chocolate as their main ingredient.
Scope Of The Report
Report Attributes
Report Details
Report Title
Nut Chocolate Market Research Report
By Type
White Chocolate, Dark Chocolate, Milk Chocolate, Others
By Application
Comprehensive Shopping website, Official Shopping Website, Supermarket, Store, Others
By Companies
Barry Callebaut, Cargill, Olam, Meiji Group, Ferrero, Lindt & Sprüngli, Alfred Ritter, Mars, Nestle, GODIVA Chocolates, Barry Callebaut, Ka'Kau Chocolate Company
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
197
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Nut Chocolate Market Report Segments:
The global Nut Chocolate market is segmented on the basis of:
Types
White Chocolate, Dark Chocolate, Milk Chocolate, Others
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
Comprehensive Shopping website, Official Shopping Website, Supermarket, Store, Others
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:
- Barry Callebaut
- Cargill
- Olam
- Meiji Group
- Ferrero
- Lindt & Sprüngli
- Alfred Ritter
- Mars
- Nestle
- GODIVA Chocolates
- Barry Callebaut
- Ka'Kau Chocolate Company
Highlights of The Nut 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:
- White Chocolate
- Dark Chocolate
- Milk Chocolate
- Others
- By Application:
- Comprehensive Shopping website
- Official Shopping Website
- Supermarket
- Store
- Others
- 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 Nut 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?
Nut chocolate is a type of chocolate that contains nuts.
Some of the major companies in the nut chocolate market are Barry Callebaut, Cargill, Olam, Meiji Group, Ferrero, Lindt & Spr¼ngli, Alfred Ritter, Mars, Nestle, GODIVA Chocolates, Barry Callebaut, Ka'Kau Chocolate Company.
The nut 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 Nut 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 Nut Chocolate Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Nut 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 Nut 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 Nut Chocolate Market Size & Forecast, 2018-2028 4.5.1 Nut Chocolate Market Size and Y-o-Y Growth 4.5.2 Nut Chocolate Market Absolute $ Opportunity
Chapter 5 Global Nut Chocolate 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 Nut Chocolate Market Size Forecast by Type
5.2.1 White Chocolate
5.2.2 Dark Chocolate
5.2.3 Milk Chocolate
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Nut Chocolate 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 Nut Chocolate Market Size Forecast by Applications
6.2.1 Comprehensive Shopping website
6.2.2 Official Shopping Website
6.2.3 Supermarket
6.2.4 Store
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Nut 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 Nut 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 Nut Chocolate Analysis and Forecast
9.1 Introduction
9.2 North America Nut Chocolate 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 Nut Chocolate Market Size Forecast by Type
9.6.1 White Chocolate
9.6.2 Dark Chocolate
9.6.3 Milk Chocolate
9.6.4 Others
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 Nut Chocolate Market Size Forecast by Applications
9.10.1 Comprehensive Shopping website
9.10.2 Official Shopping Website
9.10.3 Supermarket
9.10.4 Store
9.10.5 Others
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 Nut Chocolate Analysis and Forecast
10.1 Introduction
10.2 Europe Nut Chocolate 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 Nut Chocolate Market Size Forecast by Type
10.6.1 White Chocolate
10.6.2 Dark Chocolate
10.6.3 Milk Chocolate
10.6.4 Others
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 Nut Chocolate Market Size Forecast by Applications
10.10.1 Comprehensive Shopping website
10.10.2 Official Shopping Website
10.10.3 Supermarket
10.10.4 Store
10.10.5 Others
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 Nut Chocolate Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Nut Chocolate 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 Nut Chocolate Market Size Forecast by Type
11.6.1 White Chocolate
11.6.2 Dark Chocolate
11.6.3 Milk Chocolate
11.6.4 Others
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 Nut Chocolate Market Size Forecast by Applications
11.10.1 Comprehensive Shopping website
11.10.2 Official Shopping Website
11.10.3 Supermarket
11.10.4 Store
11.10.5 Others
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 Nut Chocolate Analysis and Forecast
12.1 Introduction
12.2 Latin America Nut Chocolate 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 Nut Chocolate Market Size Forecast by Type
12.6.1 White Chocolate
12.6.2 Dark Chocolate
12.6.3 Milk Chocolate
12.6.4 Others
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 Nut Chocolate Market Size Forecast by Applications
12.10.1 Comprehensive Shopping website
12.10.2 Official Shopping Website
12.10.3 Supermarket
12.10.4 Store
12.10.5 Others
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) Nut Chocolate Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Nut Chocolate 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) Nut Chocolate Market Size Forecast by Type
13.6.1 White Chocolate
13.6.2 Dark Chocolate
13.6.3 Milk Chocolate
13.6.4 Others
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) Nut Chocolate Market Size Forecast by Applications
13.10.1 Comprehensive Shopping website
13.10.2 Official Shopping Website
13.10.3 Supermarket
13.10.4 Store
13.10.5 Others
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 Nut Chocolate Market: Competitive Dashboard
14.2 Global Nut Chocolate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Barry Callebaut
14.3.2 Cargill
14.3.3 Olam
14.3.4 Meiji Group
14.3.5 Ferrero
14.3.6 Lindt & Sprüngli
14.3.7 Alfred Ritter
14.3.8 Mars
14.3.9 Nestle
14.3.10 GODIVA Chocolates
14.3.11 Barry Callebaut
14.3.12 Ka'Kau Chocolate Company