Dark chocolate, also known as “bittersweet” or “semisweet” chocolate, is made from cocoa butter instead of fats such as palm and coconut oils. Dark chocolate carries a rich and intense flavour, and is an excellent source of flavonoids which contribute to its pigment. The greater amount of flavonoids contributes to darker chocolate and potentially greater health benefits. It contains a very high percentage of cocoa solids, generally more than 60% with little or no added sugar. Some of the products manufactured using dark chocolate include chocolate bars, candies and baking chocolate. The latest report by IMARC Group titled, “Dark Chocolate Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, finds that the global dark chocolate market reached a value of US$ 45.6 Billion in 2018, growing at a CAGR of 7.6% during 2011-2018.
Eating dark chocolate protects the brain from age-related stress and inflammation which play an important role in the neurodegenerative disorders such as Alzheimer’s disease. Moreover, it also helps in boosting blood circulation to the brain, which can improve the ability to focus; improving memory, and controlling the anxiety levels. Owing to these factors, the market for dark chocolate is expected to reach a value of US$ of 62.4 Billion by 2024, growing at a CAGR of nearly 5.2% during 2019-2024.
The report has analysed the global dark chocolate market on the basis of distribution channels, covering super- and hyper-markets, convenience stores, non-grocery retailers and others. The report has further segmented the market on the basis of region, covering Western Europe, North America, Eastern Europe, Asia, Latin America, Middle East and Africa and Australasia. Currently, Western Europe represents the largest region for dark chocolate, accounting for the majority of the market share.
This report provides a deep insight into the global dark chocolate industry covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. The report also provides a comprehensive analysis for setting up a dark chocolate manufacturing plant. The study analyses the processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, consultants, and all those who have any kind of stake or are planning to foray into the dark chocolate industry in any manner.
Key Questions Answered in This Report:
| 1 Preface 2 Scope and Methodology 2.1 Objectives of the Study 2.2 Stakeholders 2.3 Data Sources 2.3.1 Primary Sources 2.3.2 Secondary Sources 2.4 Market Estimation 2.4.1 Bottom-Up Approach 2.4.2 Top-Down Approach 2.5 Forecasting Methodology 3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends 5 Global Chocolate Industry 5.1 Market Overview 5.2 Market Performance 5.2.1 Volume Trends 5.2.2 Value Trends 5.3 Market Breakup by Region 5.4 Market Breakup by Product 5.5 Market Breakup by Packaging 5.6 Market Breakup by End-Use 5.7 Market Share of Key Players 5.8 Market Forecast 6 Global Dark Chocolate Industry 6.1 Market Overview 6.2 Market Performance 6.2.1 Volume Trends 6.2.2 Value Trends 6.3 Price Analysis 6.3.1 Key Price Indicators 6.3.2 Price Structure 6.3.3 Price Trends 6.4 Market by Region 6.5 Market by Distribution Channel 6.6 Market Forecast 6.7 SWOT Analysis 6.7.1 Overview 6.7.2 Strengths 6.7.3 Weaknesses 6.7.4 Opportunities 6.7.5 Threats 6.8 Value Chain Analysis 6.8.1 Overview 6.8.2 Cocoa Growers 6.8.3 Cocoa Grinders 6.8.4 Coverture/Industrial Chocolate Manufacturers 6.8.5 End Use Industries 6.8.6 Chocolate Manufacturers 6.8.7 Distributors 6.8.8 Exporters 6.8.9 Retailers 6.9 Porters Five Forces Analysis 6.9.1 Overview 6.9.2 Bargaining Power of Buyers 6.9.3 Bargaining Power of Suppliers 6.9.4 Degree of Rivalry 6.9.5 Threat of New Entrants 6.9.6 Threat of Substitutes 6.10 Key Success and Risk Factors 7 Performance of Key Regions 7.1 Western Europe 7.1.1 Market Trends 7.1.2 Market Forecast 7.2 North America 7.2.1 Market Trends 7.2.2 Market Forecast 7.3 Eastern Europe 7.3.1 Market Trends 7.3.2 Market Forecast 7.4 Asia 7.4.1 Market Trends 7.4.2 Market Forecast 7.5 Latin America 7.5.1 Market Trends 7.5.2 Market Forecast 7.6 Middle East and Africa 7.6.1 Market Trends 7.6.2 Market Forecast 7.7 Australasia 7.7.1 Market Trends 7.7.2 Market Forecast 8 Performance by Distribution Channel 8.1 Supermarkets and Hypermarkets 8.1.1 Market Trends 8.1.2 Market Forecast 8.2 Convenience Stores 8.2.1 Market Trends 8.2.2 Market Forecast 8.3 Non-Grocery Retailers 8.3.1 Market Trends 8.3.2 Market Forecast 8.4 Others 8.4.1 Market Trends 8.4.2 Market Forecast 9 Competitive Landscape 10 Dark Chocolate Manufacturing Process 10.1 Product Overview 10.2 Detailed Process Flow 10.3 Various Types of Unit Operations Involved 10.4 Mass Balance and Raw Material Requirements 11 Project Details, Requirements and Costs Involved 11.1 Land, Location and Site Development 11.2 Construction Requirements and Expenditures 11.3 Plant Machinery 11.4 Machinery Pictures 11.5 Raw Materials Requirements and Expenditures 11.6 Raw Material and Final Product Pictures 11.7 Packaging Requirements and Expenditures 11.8 Transportation Requirements and Expenditures 11.9 Utilities Requirements and Expenditures 11.10 Manpower Requirements and Expenditures 11.11 Other Capital Investments 12 Dark Chocolate Manufacturing Plant: Loans and Financial Assistance 13 Dark Chocolate Manufacturing Plant: Project Economics 13.1 Capital Cost of the Project 13.2 Techno-Economic Parameters 13.3 Product Pricing and Margins Across Various Levels of the Supply Chain 13.4 Taxation and Depreciation 13.5 Income Projections 13.6 Expenditure Projections 13.7 Financial Analysis 13.8 Profit Analysis 14 Key Player Profiles |
Market Breakup by Regions
Market Breakup by Distribution Channel