The Global Ice Cream and Chocolate Market: A Must-Read for Industry Players 

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The global ice cream and chocolate market is expected to reach a value of US$ XX billion by 2023, growing at a CAGR of XX% during the forecast period. The market is driven by the increasing demand for convenience food, along with the improving purchasing power of the consumers. The rising demand for organic ice creams among the masses, wide availability through various distribution channels, and the introduction of new flavors with numerous health benefits represent some of the key factors driving the market. 

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The key players in the global ice cream and chocolate market include Ezulwini Chocolatier, Tiger Brands (Beacon), Premier Foods, Nestle, Oregon Ice Cream, R&R Ice Cream, Unilever, Huguenot Chocolates, Lotte Confectionary Co Ltd, General Mills Inc, Honest Chocalate, The Knickerbocker Ice Cream Company, Lindt, Mars Chocolate, Domino Dairy and Ice-cream Company, Mondelez International, Razzle Chocalate, Kenafric Industries, Paramalat. 

The market is segmented by type, application, and region. By type, the market is segmented into ice cream and chocolate. Ice cream is the largest segment of the market, accounting for a share of over XX% in 2022. The chocolate segment is expected to grow at a CAGR of XX% during the forecast period. 

By application, the market is segmented into supermarkets/hypermarkets, convenience stores, specialist stores, and other. Supermarkets/hypermarkets are the largest segment of the market, accounting for a share of over XX% in 2022. The convenience stores segment is expected to grow at a CAGR of XX% during the forecast period. 

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By region, the market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America is the largest market for ice cream and chocolate, accounting for a share of over XX% in 2022. Europe is the second largest market, followed by Asia Pacific, South America, and Middle East & Africa. 

The key trends in the global ice cream and chocolate market include: 

  • Increasing demand for convenience food 

  • Improving purchasing power of consumers 

  • Rising demand for organic ice creams 

  • Wide availability through various distribution channels 

  • Introduction of new flavors with numerous health benefits 

  • The major challenges faced by the market include: 

  • High competition 

  • Changing consumer preferences 

  • Stringent government regulations 

  • Rising cost of raw materials 

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The market opportunities include: 

  • Growing demand for premium ice creams and chocolates 

  • Increasing popularity of online food delivery 

  • Rise in health-conscious consumers 

  • Growing demand for ice creams and chocolates in emerging markets 

About Us: 

Pragma Market Research is a dynamic market research and consulting firm with experienced analysts in various industries. Our industries of expertise include Medical Devices, Pharmaceuticals, Semiconductors, Machinery, Information and Communication Technology, Automobiles, Chemicals and Materials, Packaging, Food and Beverages, Specialty Chemicals, Fast Moving Consumer Goods, and more. 

 

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- Custom research reports can be available upon request. 

- If you wish to request a discount, please refer to the discount link on our website or send an email to sales@pragmamarketresearch.com. 

 

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