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Global Chocolate Fillings Market – Industry Trends and Forecast to 2029

  • Food & Beverage
  • Upcoming Report
  • Oct 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

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

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

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014 - 2019)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

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)

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)

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)

Opportunities

  • Rising disposable income and rising consumer demand 
  • Supply chain activities have benefited the Chocolate Fillings market
  • The food and beverage industry is expanding, which will create new opportunities

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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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

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FREQUENTLY ASK QUESTIONS

The current market value is USD 1.87 billion in 2021.
The market is expected to grow at a rate of market is 7.50% during the forecast period of 2022 to 2029.
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