Europe Chocolate Syrup Market Size, Share & Industry Trends Analysis Report By Type (Conventional and Organic), By Distribution Channel (B2C and B2B), By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Europe Chocolate Syrup Market would witness market growth of 3.4% CAGR during the forecast period (2022-2028).
The most famous and conventional use of chocolate syrup is in making chocolate milk, which makes the milk tastier and more desirable. The enhancement of the milk flavors through the syrup also helps increase milk consumption among the younger population. Additionally, numerous studies have established the proven benefits of chocolate milk consumption for adults.
Chocolate milk is a good source of calcium, and vitamin D. Calcium is necessary for maintaining the health of bones and teeth, and calcium obtained through milk is especially important for adults to maintain bone health as they age. This is because, as people age, the absorption of calcium becomes difficult, and in the absence or lack of vitamin D, the absorption of calcium further becomes harder.
Vitamin D also aids in promoting bone health and prevents the generation of problems like osteomalacia (softening of bones). In addition to calcium and vitamin D, fortified chocolate syrups can also provide some other macro and micronutrients like phosphorous, potassium, protein, zinc, selenium, magnesium, and many other elements.
The region is also a prominent market for chocolate products and confectioneries due to the high production of chocolates throughout the region. In Europe, Germany, Austria, Switzerland, Belgium, and the United Kingdom are the significant producers and consumers of chocolate and chocolate-based products. In addition, the high per capita income of these nations, along with higher disposable incomes, allow more people to indulge in baked goods. Since a significant number of baked goods contain chocolate syrup and are also used as a dressing, the demand for chocolate syrup remains high.
The Germany market dominated the Europe Chocolate Syrup Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $759.3 million by 2028. The UK market is anticipated to grow at a CAGR of 2.6% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 4.1% during (2022 - 2028).
Based on Type, the market is segmented into Conventional and Organic. Based on Distribution Channel, the market is segmented into B2C and B2B. Based on B2C Type, the market is segmented into Hypermarkets/Supermarkets, Convenience Stores, Specialty Stores and Online. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Chocolate Syrup Market will Hit $11.1 Billion by 2028, at a CAGR of 4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Nestle S.A., The Hershey Company (Hershey Trust Company), The Kroger Co., The J.M Smucker Company, R. Torre & Co. (Torani), Bosco Products, Inc., Hollander Chocolate, Inc., Walden Farms, LLC (PANOS Brands), Noushig, Inc. (Amoretti), and Gold Pure Food Products Co., Inc.
Scope of the Study
Market Segments Covered in the Report:
By Distribution Channel
- Convenience Stores
- Specialty Stores
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Nestle S.A.
- The Hershey Company (Hershey Trust Company)
- The Kroger Co.
- The J.M Smucker Company
- R. Torre & Co. (Torani)
- Bosco Products, Inc.
- Hollander Chocolate, Inc.
- Walden Farms, LLC (PANOS Brands)
- Noushig, Inc. (Amoretti)
- Gold Pure Food Products Co., Inc.
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