The Global Chocolate Syrup Market is Predict to reach $11.1 Billion by 2028, at a CAGR of 4%

Published Date: 20-Jan-2023

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Chocolate Syrup Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Chocolate Syrup Market size is expected to reach $11.1 billion by 2028, rising at a market growth of 4.0% CAGR during the forecast period.

The Organic segment is showcasing a CAGR of 7.9% during (2022 - 2028). The inclination of consumers towards health drinks and sweeteners motivated producers of chocolate syrup to develop organic chocolate syrup with all organic ingredients. In addition, the growth of the gluten-free, zero-sugar, vegan, and artisanal products trend also persisted in the chocolate syrup market. These trends are the main factor that is driving the growth of this segment.

The B2C segment acquired maximum revenue share in the Global Chocolate Syrup Market by Distribution Channel in 2021 thereby, achieving a market value of $6.8 billion by 2028. Chocolate syrup is one of the highly demanded products and consequently is bought by every form of retail shop as it has become a significantly necessary household product. The presence of numerous retailers, both online and offline, offering a variety of chocolate syrup types also augment the growth of this segment.

The Asia Pacific market dominated the Global Chocolate Syrup Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $4 billion by 2028. The Europe market is experiencing a CAGR of 3.4% during (2022 - 2028). Additionally, The North America market would showcase a CAGR of 3.8% during (2022 - 2028).

Full Report: https://www.kbvresearch.com/chocolate-syrup-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.

Global Chocolate Syrup Market Segmentation

By Type

  • Conventional
  • Organic

By Distribution Channel

  • B2C
    • Hypermarkets/Supermarkets
    • Convenience Stores
    • Specialty Stores
    • Online
  • B2B

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Companies Profiled

  • 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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Related Reports:

North America Chocolate Syrup Market Future Scope & Opportunities 2022-2028

Europe Chocolate Syrup Market Size & Growth Forecast 2022-2028

Asia Pacific Chocolate Syrup Market Size, Share & Industry Outlook to 2028

LAMEA Chocolate Syrup Market Growth, Trends & Forecasts 2022-2028

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