The Demand For The Low Calorie Chocolate Is Rapidly Surging In The Developed Markets By 2030

According to the report published by Allied Market Research, the global Low Calorie Chocolate Market was estimated at $894.7 million in 2020 and is expected to hit $2.11 billion by 2030, registering a CAGR of 9.8% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.

Request The Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/14639

Growing popularity of low calorie food products and rising demand for healthy confectionery in the developed economies propel the growth of the global low calorie chocolate market. On the other hand, dynamic price fluctuations of cocoa beans and lack of awareness in the developing as well underdeveloped regions impede the growth to some extent. However, rising importance of organic food products is expected to create lucrative opportunities in the industry.

Leading Key Companies Involved In Red Wine Market

Nestle S.A.

Kraft Foods

The Hershey Company

Barry-Callebaut AG

Blommer Chocolate Company

Lindt & Sprungli

Ferrero SpA

Breyers

Mondelez International

Ben & Jerry’s, Haagen Daaz, and Dreyer.

Regional Outlook

Based on the region, Europe dominated the market, accounting for 42.1% of the market share in 2020. This is attributed to the high demand for the chocolate coupled with rising health consciousness and rising prevalence of obesity. Asia-Pacific is estimated to be the fastest-growing due to rising disposable income, rising health consciousness, and rising awareness regarding the availability of low calorie chocolates, during the forecast period.

Procure Complete Report (307 Pages PDF with Insights, Charts, Tables, and Figures): https://www.alliedmarketresearch.com/checkout-final/d854513906cb889771c0f17749696b08

According to the low calorie chocolate market forecast, on the basis of product, the dark chocolate dominated the market, garnering a significant 52.3% of the global low calorie chocolate market share in 2020. This is attributable to the addition of new flavors to low calorie dark chocolate that has become a growing trend, in addition to its health benefits. The milk chocolate segment is expected to be the fastest-growing segment as milk chocolate can be consumed by children as it provides nutrition to improve health.

Key Benefits of the Report:

  • The low calorie chocolate market was valued at $894.7 million in 2020, and is estimated to reach $2,115.2 million by 2030, growing at a CAGR of 9.8% during the forecast period. 
  • By product, the milk chocolate segment is estimated to witness the fastest growth, registering a CAGR of 10.5% during the forecast period.
  • In 2020, depending on source, the conventional segment was valued at $816.1 million, accounting for 91.2% of the global share. 
  • In 2020, the U.S. was the most prominent market in North America, and is projected to reach $568.2 million by 2030, growing at a CAGR of 9.9% during the forecast period

Inquiry Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/14639

The price fluctuations of the major raw material may hinder the market growth in the foreseeable future. Cocoa is a major raw material used for the production of chocolates all around the globe. As per the data published by the International Cocoa Organization in 2020, the price of the cocoa is rising at the rate of around 20% year-on-year basis. According to the International Cocoa Organization, the production cap by West African countries and unfavorable weather conditions had created a gap between the demand and supply of cocoa. 

Check out more related studies published by AMR Research:

Chocolate Confectionery Market – https://www.alliedmarketresearch.com/chocolate-confectionery-market-A27762

Dark Chocolate Market – https://www.alliedmarketresearch.com/dark-chocolate-market-A11003

Sugar Confectionery Market – https://www.alliedmarketresearch.com/sugar-confectionery-market

Cocoa Market – https://www.alliedmarketresearch.com/cocoa-market-A11007

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David Correa

5933 NE Win Sivers Drive

#205, Portland, OR 97220

United States

USA/Canada (Toll Free):

+1-800-792-5285, +1-503-894-6022

UK: +44-845-528-1300

Hong Kong: +852-301-84916

India (Pune): +91-20-66346060

Fax: +1(855)550-5975

help@alliedmarketresearch.com

Web: www.alliedmarketresearch.com

Allied Market Research Blog: https://blog.alliedmarketresearch.com

Follow Us on | Facebook | LinkedIn | YouTube

Leave a comment

Your email address will not be published. Required fields are marked *