Global demand continues to rise, in part due to increasing demand from emerging markets for confectionery the overall chocolate market rose 13 percent between 2010 and 2015 to hit $101 billion, according to euromonitor, a market research firm. The overall economics of a particular industry or trade is an important factor in globalisation (3) resources and markets: the natural resources like minerals, coal, oil, gas, human resources, water, etc make an important contribution in globalisation.
The chocolate industry has been representing a multibillion dollar market since the past decade and is expected to reach new levels of growth within the next few years rising awareness about health benefits of consuming a chocolate on a daily basis, will remain a key booster to the global chocolate market over the next few years.
Global chocolate market: regional outlook region-wise, the global chocolate market is categorized into europe, north america, asia pacific, and the rest of the world amidst these, asia pacific emerged as one of the leading consumers of chocolates due to the rising influence of western culture and habits in countries in the region. The global economy presents its own set of opportunities and threats for businesses in a range of industries ibisworld’s global candy & chocolate manufacturing global market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The economics of chocolate before becoming a kiss, bar, or hot drink, cocoa gets shipped, stashed, smashed, and, most critically for producers and consumers alike, commodified. United states chocolate industry chocolate is the largest part of the $345 billion us confectionary industry confectionary products can be roughly described as “candy” or “sweets” - so inclusive of gummies, sugar cookies and even gum.
Candy industry, january 2018 this includes production of non-confectionery items fair trade cocoa and chocolate fair trade is a trading partnership, based on dialogue, transparency and respect, that seeks greater equity in international trade. The average person in europe and the us consumes around 52 kilograms (115 pounds) of chocolate each year, according to erste asset management euromonitor says the uk market for chocolate shrunk by $2 million between 2013 and 2015.
Milk chocolate accounts for more than 50% of all chocolate consumption but may contain as little as 10% cocoa hershey's milk chocolate has approximately 11% cocoa, with a whole lot of milk and sugar added in chocolate is considered “dark” if it has more than 60% cocoa. For our industry is coming from the liber-alization of the cocoa trade in ivory coast, most probably followed by ghana ivory coast alone represents more than 40 percent of world production,with ghana accounting for another 15 percent this shows that a smooth transition from gov-ernmental control to a private system is of critical importance. Global chocolate market: segment analysis the global chocolate market is segmented on the basis of type and sale frequency by chocolate type, the market is classified as milk chocolate, dark chocolate, and white chocolate.
Statistics & facts on chocolate consumption and industry produced from the seed of the tropical theobroma cacao tree, cocoa has been cultivated for at least three millennia this food originated in mexico, central and northern south america and dates back to around 1100 bc when the aztecs made it into a beverage known as nahuati or bitter water in english.