Europe Wine Chocolate Market Size, Share & Industry Trends Analysis Report By Wine Type (Red Wine, White Wine, and Others), By Distribution Channel, By Form (Liquid and Solid), By Country, Historical Data and Growth Forecast, 2021 - 2027
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Market Report Description
The Europe Wine Chocolate Market would witness market growth of 6.0% CAGR during the forecast period (2021-2027).
The consumption of wine chocolates also serves various benefits for the skin. Many researches have proved that wine chocolates have chemicals that rejuvenate old cells and thus provide anti-aging benefits and reduce wrinkles. Also, these chocolates are capable of removing skin reddening and wrinkle formation. The antioxidants in the wine chocolates fight against the free radicals which may damage the skin and even result in serious issues such as skin cancer and fungal infections like ringworm.
In addition, the consumption of wine chocolates is also beneficial for eye health as it is rich source of flavonoids mainly quercetin and anthocyanins which reduce oxidative stress and also enhance blood circulation in the eyes. The researchers mention that the flavonoids present in wine chocolates reduce the chances of cataracts with the age.
The rising demand for wine chocolates in the European region is because of the presence of countries such as Germany and Switzerland which are among the largest consumers of chocolates. The consumers of the region demand attractive and nutritious chocolate snacks such as wine chocolates that serve various health benefits. Also, the increasing disposable income of the European region allows the people in the European countries to buy expensive wine chocolates.
The Germany market dominated the Europe Wine Chocolate Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $94.5 Million by 2027. The UK market would exhibit a CAGR of 5% during (2021 - 2027). Additionally, The France market is experiencing a CAGR of 6.7% during (2021 - 2027).
Based on Wine Type, the market is segmented into Red Wine, White Wine, and Others. Based on Distribution Channel, the market is segmented into Specialty Stores, Supermarkets/Hypermarkets, Convenience Stores, and Online Stores. Based on Form, the market is segmented into Liquid and Solid. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Wine Chocolate Market Size will Hit $1.1 Billion by 2027, at a CAGR of 6.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Raaka Chocolate Ltd., Ferrero International S.A., Lindt & Sprungli AG, Yildiz Holding A.S., NEUHAUS, Alfred Ritter GmbH & Co. KG, Duc d'O (Baronie), Halloren Chocolate Factory AG (Charlie Investors S.a.r.l.), and Toms Group A/S.
Scope of the Study
Market Segments Covered in the Report:
By Wine Type
- Red Wine
- White Wine
By Distribution Channel
- Specialty Stores
- Convenience Stores
- Online Stores
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Raaka Chocolate Ltd.
- Ferrero International S.A.
- Lindt & Sprungli AG
- Yildiz Holding A.S.
- Alfred Ritter GmbH & Co. KG
- Duc d'O (Baronie)
- Halloren Chocolate Factory AG (Charlie Investors S.a.r.l.)
- Toms Group A/S
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