#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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