Blog

You are currently viewing Global White Chocolate Industry Report: Analysis and Forecast 2022-2027

Global White Chocolate Industry Report: Analysis and Forecast 2022-2027

Global White Chocolate Industry Report: Analysis and Forecast 2022-2027

Regional Category Spend, Price Analysis, Key Demand and Price Indicators, and Best Buying Practices by a White Chocolate industry report

The white chocolate was valued to be worth USD 18.3 billion in 2021. In the projection period of 2022-2027, the industry is expected to grow at a CAGR of around 1.5 percent, achieving a value of around USD 20 billion by 2027.

The white chocolate industry report broadly studies the industry, together with important segments, movements, drivers, constraints, the competitive landscape, and other critical market features. The product is utilised in a range of commodities, including beverages (coffee, milkshakes, and smoothies), snack foods (chips, popcorns, cookies, and cupcakes), and cosmetics nail enamel, wax, and oil), owing to its taste and features. It is also becoming increasingly popular for skin care, skin regeneration, and hydration. Because of the increased popularity of white chocolate, the market is likely to grow significantly throughout the forecast period. Europe is the biggest category spender by region which is impelling the demand for the white chocolate industry.

White Chocolate: Industry Definition and Segmentation

Scope

White chocolate is a type of chocolate that has a delicate ivory tint due to a higher percentage of cocoa butter, which affects its quality. It lacks the cocoa solids found in other types of chocolate, such as milk and dark. Cocoa butter, sugar, milk products, vanilla, and lecithin, a fatty emulsifier that holds everything together, are commonly used to prepare white chocolate. The primary ingredient is cocoa butter, which has a subtle flavour. Because white chocolate lacks the chocolate granules or powder that give chocolate its pungent, tannic, and berry-like flavour. It is not considered chocolate in the classic sense.

Get a Free Sample Report with Table of Contents: – https://www.procurementresource.com/reports/white-chocolate-industry-report/request-sample

The White Chocolate industry report comprises segments:

  • By distribution channels – Supermarkets/Hypermarkets, Convenience Stores, Non-Grocery Stores, Online/E-Retailing and others
  • By products – white chocolate bars, white chocolate bulk, and white chocolate truffles
  • By region – North America, Europe, the Asia Pacific, Latin America, the Middle East, and Africa.

Snapshot of the Report

The regional markets for the industry can be divided into North America, Europe, the Asia Pacific, Latin America, the Middle East, and Africa.

Read Full Report with Table of Contents: – https://www.procurementresource.com/reports/white-chocolate-industry-report

Category Drivers

A prominent trend in the market is the increased use of white chocolate in cosmetic items, as well as the introduction of product variations manufactured with goat or non-dairy milk. White chocolate is frequently utilised in the cosmetics industry, where it is used to make wax, nail enamel, and oil, among other things. White chocolate is employed in skin generation and hydration cosmetic products due to its intrinsic features and properties. The use of white chocolate in skincare products is especially common in the face care section. As a result of its skin-care benefits, the beauty industry is incorporating white chocolate into its product lines.

Category Insight by Region

Because of large chocolate manufacturers in the region, particularly in the United States, Western Europe dominated the global white chocolate market in 2020. The broad consumer base can also be connected to the sector’s growth in these areas. White chocolate’s growing popularity in end-use industries such as confectionery, food and beverage, cosmetics, and medicines is propelling the market forward. In addition, manufacturers are increasing their product portfolios to meet customer demand for healthier sweets. As a result of this element, health-conscious consumers have expressed an interest in white chocolates, which are believed to be more beneficial than regular chocolates.

Best Procurement Practices

The global white chocolate industry report by Procurement Resource gives an in-depth analysis of the best buying practices followed by the major customers of white chocolate products across the globe, such as engagement models, contract terms, and buyer and supplier negotiation levers, among others.

Category Management Studies

White chocolate is made with sugar, cocoa butter, and milk products, as well as a fatty emulsifier called lecithin to help keep everything together. Among the other ingredients that contribute to the chocolate’s delicate flavour is cocoa butter. It comes in white, ivory, or pale-yellow hues and has a flavour that is unique from dark chocolate. Furthermore, because the melting point of cocoa butter, the only cocoa bean component in white chocolate ingredients, is 35 °C (95 °F), it is solid at room temperature of 25 °C (77 °F). The melting point of this chocolate is higher than that of other forms of chocolate, allowing it to remain solid at room temperature.

Key Supplier Profiles included in the Global white chocolate Industry Report

The key market players are The Hershey Company are Mondelez International, Nestlé SA, Chocoladefabriken Lindt & Sprüngli AG, Ghirardelli Chocolate Company, The Kraft Heinz Company, and Mondelez International.

The report covers capacity additions, plant shutdowns, investments/divestments, mergers and acquisitions, and other latest developments of the suppliernutms.

Also Check Other Industry Reports

Do Check Our Social Media Pages

About Us:

Procurement Resource ensures that our clients remain at the vanguard of their industries by providing actionable procurement intelligence with the help of our expert analysts, researchers, and domain experts. Our team of highly seasoned analysts undertake extensive research to provide our customers with the latest and up-to-date market reports, cost-models, price analysis, benchmarking, and category insights, which aid in simplifying the procurement process for our clientele. We work with a diverse range of procurement teams across industries to get real-time data and insights that can be effectively implemented by our customers. We also track the prices and production costs of an extensive range of goods and commodities, thus, providing you with the updated and reliable data. We, at Procurement Resource, with the help of the latest and cutting-edge techniques in the industry, help our clients understand the supply chain, procurement, and industry climate, so that they can form strategies which ensure their optimum growth.

Contact Us:

Company Name: Claight Corporation
Contact Person: Chris Smiths
Email: sales@procurementresource.com
Toll Free Number: USA & Canada: +1-415-325-5166 | Europe & Africa: +44-702-402-5790 | APAC: +91-8586081494
Address: 30 North Gould Street, Sheridan, WY 82801, USA
City: Sheridan
State: Wyoming
Country: United States
Blog – https://procurementresource.blogspot.com/
Website: https://www.procurementresource.com/

Tags: , , ,

Procurement Resource

Procurement Resource ensures that our clients remain at the vanguard of their industries by providing actionable procurement intelligence with the help of our expert analysts, researchers, and domain experts.