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Chocolate Market Worth USD 1,96,523.54 Million by 2028 at

#Chocolate #Market #Worth #USD #Million

New York, US , Oct. 17, 2022 (GLOBE NEWSWIRE) — Market Overview

Market Research Future (MRFR) ‘s report highlights, “Chocolate Market Information By Product, Form, Category, Distribution Channel, and Region – Forecast till 2028“; the market will reach USD 1,96,523.34 million by 2028, at 4.79% CAGR.

Market Synopsis

One of the most popular sweets among customers is chocolate. It is made from cocoa seeds, milk, sugar, cocoa liquor, and cocoa butter. Carbohydrate-rich chocolate is a fantastic way to get quick energy. Because of the US population’s rising rate of obesity over the past few years, the high sugar content of chocolate is boosting the demand for low-sugar chocolate. The three types of chocolate offered on the market are milk, dark, and white. Consuming chocolate also inhibits the stress hormone cortisol. Instead of relying on medication, consumers would prefer to incorporate ingredients that improve their health into their normal diet.

It is anticipated that chocolate sales will continue to increase in the coming years since it helps to calm the mind and promote happiness. When given as gifts over the holiday season, chocolates are also seen as a symbol of appreciation, love, and happiness, which increases demand for the product. Depending on the situation, they are produced in various shapes, sizes, hues, and product materials.

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Report Scope:

Report Attribute Details
2028 Market Size USD 1,96,523.34 Million
CAGR 4.79% (2020–2028)
Base Year 2019
Forecast Period 2020-2028
Historical Data 2018
Forecast Units Value (USD Million)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered by Product, Form, Category, Distribution Channel, and Region
Geographies Covered North America, Europe, Asia-Pacific, and Rest of the World (RoW)
Key Market Drivers Use of premium or healthy ingredients in chocolate products
Read on GNW: Chocolate Market Worth USD 1,96,523.54 Million by 2028 at

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