#Global #Chocolate #Liqueur #Market #Hit
Portland, OR, Oct. 31, 2022 (GLOBE NEWSWIRE) — According to the report published by Allied Market Research, the global Chocolate Liqueur market accrued revenue worth $4.6 billion in 2021, and will reach $6.9 billion by 2031, registering a CAGR of 4.5% from 2022 to 2031. The market research report offers a comprehensive analysis of oscillating industry trends, top segments, value chains, major investment business scenarios, regional landscape, and competitive space. The study is a major source of information for giant players, entrepreneurs, owners, and managers in creating new business plans for the future and taking steps to improve their market position. The report demonstrates an in-depth quantitative analysis of the market from 2022 to 2031 and guides investors in allocating funds to the rapidly evolving market.
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Report coverage & details:
| Report Coverage | Details |
| Forecast Period | 2022-2031 |
| Base Year | 2021 |
| Market Size in 2021 | $4.6 Billion |
| Market Size in 2031 | $6.9 Billion |
| CAGR | 4.5% |
| No. of Pages in Report | 330 |
| Segments Covered | Product Type, Cocoa Variety, Form, Application, and Region. |
| Drivers | Burgeoning awareness pertaining to low sugar content in dark chocolate. |
| High intake of sugar leading to chronic diseases such as diabetes. | |
| Increasing purchasing capacity of consumers with rise in disposable income. | |
| Opportunities | Massive use of eco-friendly and ethically manufactured chocolates. |
| Lesser sugar content and soothing taste of chocolate liqueur. |
Covid-19 Scenario
- The COVID-19 outbreak negatively impacted global chocolate liqueur market growth due to reduction in demand for chocolate liqueur products during the pandemic period.
- Disruptions in…
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