Global Chocolate and Gourmet Dates Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
“Global Chocolate and Gourmet Dates Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global chocolate and gourmet dates market report has been segmented on the basis of product type, packaging type, distribution channel, and region.
Global Chocolate and Gourmet Dates Market: Overview
Chocolates and gourmet dates are used in confectionery products such as cookies, candies, and bread, which are popular and often consumed among all age groups. Chocolates and dates are rich in fiber, antioxidants, and acts as a natural sweetener, which is beneficial to improve brain functioning and human health.
Global Chocolate and Gourmet Dates Market: Dynamics
Increasing consumption of chocolate-based confectionery products is one of the major factor expected to drive growth of the global market. Moreover, the easy availability of chocolates along with limited edition chocolates and stuffed gourmet dates are some factors fueling growth of the target market. Also, chocolates and gourmet dates are becoming popular as better gifting option on festivals and special occasions. This is another factor projected to augment global market growth. Manufacturers are extending product portfolio in order to fulfill changing buying and consumption patterns which turns in growth of the target market. In addition, widespread approval of chocolates for drinks, bakery products, ice creams, functional foods, is expected to boost growth of the target market over the forecast period.
However, overconsumption of chocolates may cause dental issues, which is a factor expected to hamper growth of the global market. In addition, the high cost of premium packaged products is another factor which may challenge growth of the target market.
Global Chocolate and Gourmet Dates Market: Segmental Analysis
Among the product type segments, the chocolate segment is expected to register significant growth, owing to various properties of chocolates including anti-oxidant, anti-aging, and also helps to lower the blood pressure.
Among the packaging type segments, the gift packaging segment is projected to contribute significant revenue shares in the global market, owing to increasing inclination towards gifting premium and healthy food products on festivals and occasions.
Among the distribution channel segments, the online segment is anticipated to register substantial growth, owing to the availability of chocolates and dates at a discounted price at the online marketplace and doorstep delivery of the products.
Global Chocolate and Gourmet Dates Market: Regional Analysis
Chocolate and gourmet dates market in Europe is expected to dominate the global market. This is attributed to high production and consumption of chocolates and raising awareness regarding health benefits. The strong presence of leading manufacturers including Nestle S.A., Lindt & Sprungli AG, Deliciously Dates, Ferrero Group, and Confiseur Laderach AG which are exporting their products across the globe. This factor is expected to support revenue growth of the target market. Moreover, increasing tourism activities is resulting in high demand for chocolates and gourmet dates as gifts.
Asia Pacific chocolate and gourmet dates market is expected to register significant growth, owing to increasing consumption of chocolates, dates, and other chocolate-based confectionery items. Demand for chocolate and gourmet dates in North America is attributable to chocolate festivals organization, which in turn rising growth of the target market.
Global Chocolate and Gourmet Dates Market Segmentation:
Segmentation by product type:
- Gourmet Dates
Segmentation by packaging type:
- Standard Packaging
- Gift Packaging
Segmentation by distribution channel:
- Convenience Stores
- Hypermarkets and Supermarkets
- Specialty Stores
- Online Stores
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Mars Inc.
- Nestle S.A.
- Mondelez International
- Ferrero Group
- Bateel International L.L.C.
- AL FOAH
- Doyen Foods
- Flyberry Gourmet
- Sharjah Dates Factory
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