Global Chocolate Fillings Market, By Product (Nuts Fillings, Sugar Fillings, Milk Fillings, Fruits Fillings, Other), Type (Milk Chocolate, Dark Chocolate, White Chocolate, Others), Application (Cookies, Cupcakes, Breakfast Cereals, Others), End-User (Food Service, Retail, Industrial), Sales Channel (Wholesaler/Distributor, Modern Trade, Convenience Stores, Online Sales, Other Sales Channel) – Industry Trends and Forecast to 2029.
Chocolate Fillings Market Analysis and Size
Confectionery products cannot exist without filling. Confectionery fillings are sugar and saturated fat-containing confectionery compounds. Sugar confectionery, chocolate confectionery, and gum products were the three main types of confectionery. The rising popularity of dark chocolate due to its health benefits will be a driving factor in the chocolate fillings market during the forecast period.
Data Bridge Market Research analyses that the chocolate fillings market which was growing at a value of 1.87 billion in 2021 and is expected to reach the value of USD 3.34 billion by 2029, at a CAGR of 7.50% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Chocolate Fillings Market Scope and Segmentation
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Report Metric |
Details |
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Forecast Period |
2022 to 2029 |
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Base Year |
2021 |
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Historic Years |
2020 (Customizable to 2014 - 2019) |
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Quantitative Units |
Revenue in USD Million, Volumes in Units, Pricing in USD |
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Segments Covered |
Product (Nuts Fillings, Sugar Fillings, Milk Fillings, Fruits Fillings, Other), Type (Milk Chocolate, Dark Chocolate, White Chocolate, Others), Application (Cookies, Cupcakes, Breakfast Cereals, Others), End-User (Food Service, Retail, Industrial), Sales Channel (Wholesaler/Distributor, Modern Trade, Convenience Stores, Online Sales, Other Sales Channel) |
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Countries Covered |
U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA) |
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Market Players Covered |
Ghirardelli Chocolate Company (U.S.), Barry Callebaut (Switzerland), The Kraft Heinz Company (U.S.), Agostoni Chocolate (U.S.), The Hershey Company (U.S.), GCPPL Ltd. (India), Blommer Chocolate Company (U.S.), Chocoladefabriken Lindt & Sprüngli AG (Switzerland), Ferrero (Italy), Mondelez International (U.S.), Nestle S.A (Switzerland), Cargill, Incorporated. (U.S.), LOTTE SHOPPING Co., Ltd. (South Korea), Mars, Incorporated (U.S.), Mondelez International Inc. (U.S.), Strauss Group (Israel), Favarger SA (Switzerland), Unilever (U.K.), Chocolat Bernrain AG (Switzerland) |
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Opportunities |
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Market Definition
Filling equipment fills various items such as powders, tablets, oils, pastes, and granules. It also provides some advantages, such as high-speed connectivity and vibration elimination. They can be networked to modern machines equipped with computers and PLCs.
Global Chocolate Fillings Market Dynamics
Drivers
- Increasing demand for bakery and confectionery products
As the food industry expands, consumers' changing food consumption patterns are expected to drive growth in the chocolate fillings market. Most countries' growing labour force is changing consumer food preferences, increasing demand for bakery and confectionery products, and thus increasing demand for chocolate filling.
- Introduction of healthy delicacies for health-conscious consumers
Manufacturers are offering filling with less fat and fewer calories to meet the demand of health-conscious consumers. This extends the product's shelf life while also improving its flavour. The global chocolate fillings market is being propelled forward by rising demand for ready-to-use products and flavoured foods. The expansion of the chocolate fillings market is being aided by rapid growth in the chocolate industry in many regions.
Opportunities
Rising disposable income, rising consumer demand, urbanization, quick-service restaurants, and active participation of women in this industry and supply chain activities have already benefited the chocolate fillings market. Other factors that have increased the chocolate fillings market include the growing demand for ready-to-eat processed food and an ease of handling.
Restraints
Volatility in raw material prices and rising obesity rates among people are acting as market restraints for the growth of chocolate fillings during the forecast period.
This chocolate fillings market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the chocolate fillings market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Chocolate Fillings Market
The virus has significantly impacted the chocolate fillings market, causing production and factory operations to be halted. It all started in China, the global hub for supplying raw materials to companies, and then spread to the entire supply chain for manufacturing companies. This had a disastrous knock-on effect on other industries, which discovered that the prices of their raw materials had skyrocketed. This significantly increased their manufacturing costs. They were forced to pass on these costs to consumers in the form of higher retail prices. As a result, overall sales fell as many consumers discovered they could no longer afford the more expensive cocoa and chocolate fillings. Some global cocoa fillings companies were forced out of business.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Global Chocolate Fillings Market Scope
The chocolate fillings market is segmented on the basis of product, type, application, sales channel and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Nuts Fillings
- Sugar Fillings
- Milk Fillings
- Fruits Fillings
- Other
Type
- Milk Chocolate
- Dark Chocolate
- White Chocolate
- Others
Application
- Cookies
- Cupcakes
- Breakfast Cereals
- Others
End user
- Food service
- Retail
- Industrial
Sales channel
- Wholesaler/Distributor
- Modern Trade
- Convenience Stores
- Online Sales
- Other Sales Channel
Chocolate Fillings Market Regional Analysis/Insights
The chocolate fillings market is analysed and market size insights and trends are provided by country, basis of product, type, application, sales channel and end-user as referenced above.
The countries covered in the chocolate fillings market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the chocolate fillings market due to shifting consumer preferences toward dark chocolate as obesity rates rise, as well as the prevalence of various manufacturing companies in the region.
Asia-Pacific is expected to grow from 2022 to 2029 due to rising demand for chocolate-filled products and an increasing consumer base in the region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Chocolate Fillings Market Share Analysis
The chocolate fillings market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to chocolate fillings market.
Some of the major players operating in the chocolate fillings market are:
- Ghirardelli Chocolate Company (U.S.)
- Barry Callebaut (Switzerland)
- The Kraft Heinz Company (U.S.)
- Agostoni Chocolate (U.S.)
- The Hershey Company (U.S.)
- GCPPL Ltd. (India)
- Blommer Chocolate Company (U.S.)
- Chocoladefabriken Lindt & Sprüngli AG (Switzerland)
- Ferrero (Italy)
- Mondelez International (US)
- Chocolatiers (U.K.) Ltd. (U.K.)
- Nestle S.A (Switzerland)
- Cargill, Incorporated. (U.S.)
- LOTTE SHOPPING Co., Ltd. (South Korea)
- Mars, Incorporated (U.S.)
- Mondelez International Inc. (U.S.)
- Strauss Group (Israel)
- Favarger SA (Switzerland)
- Unilever (U.K.)
- Chocolat Bernrain AG (Switzerland)
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