The chocolate spread is a sweet chocolate flavored paste which is mostly spread on bread, doughnuts, toasts, pancakes and other similar grain products.
Due to the COVID-19 pandemic, the global Chocolate-Based Spreads market size is estimated to be worth US$ million in 2021 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Chocolate-Based Spreads market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Chocolate-Based Spreads landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
The North American market for chocolate spreads is well established, and because of regions’ self-sufficient production capabilities. Asia-Pacific region is anticipated to exhibit highest growth rate of 4.5% during the forecast period, owing to increasing preference of chocolate based spread and its delectable taste.
This report focuses on Chocolate-Based Spreads volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Chocolate-Based Spreads market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, etc.
Global Chocolate-Based Spreads Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
White Chocolate
Dark Chocolate
Segment by Application
Household
Food Service
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
Nestle
Hershey
J.M. Smucker
Kraft Foods
Unilever Group
The Hain Celestial Group
Ferrero Group
Hormel Foods
DR Oteker
PASCHA Chocolate
Young's (Private) Limited