Published On : 05 Dec 2016
The global sales of dark chocolate is expected to accelerate in the coming years due to the introduction of newer varieties and ingredients, states a report added by QYResearchReports.com. The report is titled ‘Global Dark Chocolate Sales Market Report 2016,’ is now available for sale on the website of QYResearchReports.com. The report studies drivers boosting the sales of chocolate as well as obstacles faced by manufacturers of dark chocolate. The report analyses key trends and changing dynamics of consumer demand and how it is impacting the sales of dark chocolate. According to the report, the growing awareness among people regarding the health benefits of dark chocolate will drive the market. Dark chocolate can help to uplift the mood, improve blood flow, and reduce the blood pressure and these benefits of dark chocolate are expected to drive their consumption and sales.
Players in the global dark chocolate industry are striving to achieve innovations in packaging and this is appealing to customers to purchase them for gifting purpose. Manufacturers are also experimenting with newer ingredients and combinations such as toffee, dry fruits, and sea salt. This is also boosting the sales of dark chocolate as consumers wish to try new flavors. Moreover, players in the industry are making use of aggressive marketing strategies that are propelling the sales of these dark chocolate across the globe. With increasing health consciousness among consumers, players are expected to make use of ingredients that have low calorie and low sugar.
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As a growing number of people across the globe are suffering from mood swings, raised anxiety levels, and depression, experts are suggesting the consumption of dark chocolate and this will further boost their sales. Some of the factors challenging the sales of dark chocolate are, unavailability of cocoa and increasing competition from nutrition bars. In addition to this, the high price of raw materials and unfavorable climatic conditions in cocoa producing regions pose a grave challenge for the manufacturers of dark chocolate. However, the growing demand from developing nations is expected to emerge as an opportunity for growth in the market.
The dark chocolate market is expected to witness a high growth in Asia Pacific region. The growing population, growing disposable income of consumers, and the increasing use of chocolate as a gifting option are behind the high sales of dark chocolate in Asia Pacific. North America is expected to be another significant lucrative market for dark chocolate.
Some of the key players operating in the global dark chocolate market are profiled in the report for the purpose of study. These players are Ferrero, Hershey's, Storck, Ezaki Glico, Blommer, Nestle, Mars, Brookside, Mondelez, CEMOI, Amul, FREY, and Crown. The report studies the business and financial overview of each of the companies and also discusses the key strategies implemented by them to grow in the market.