Europe Chocolate Syrup Market

Europe Chocolate Syrup  Market Size and Growth Analysis:

Europe Chocolate Syrup  Market is worth USD xx million in 2022 and estimated to grow at a CAGR of xx.xx%, to reach USD xx million by 2026.

Europe Chocolate Syrup  Market Overview:

The Europe Chocolate Syrup market is developing at an exceptionally quick pace. Chocolate syrup is a sweet, chocolate-flavored sauce. It is commonly used for various desserts like ice cream as dessert sauce or topping. It is also used to make chocolate milk and a chocolate milkshake. Chocolate syrup is available in a variety of forms, ranging from a thin liquid that can be drizzled from a bottle to a thick sauce that needs to be spooned onto the dessert. The significant drivers are the rising use of chocolate syrup as a topping or flavor enhancer in desserts like ice cream, pancakes, coffee, pastries etc. Coffee shops or cafes are one of the largest consumers of chocolate syrup, hence increasing coffee shops are expected to boost the industry. However, the growing inclination toward healthier food items containing low calories or low sugar is a major restraint.

Europe Chocolate Syrup  Market Segmentation:

Europe Chocolate Syrup market is segmented on the basis of

• Type

• Distribution Channel

Based on Type the market is segmented into

• Conventional

• Organic

The conventional segment had the largest market share and is expected to dominate during the forecast period. The organic segment is expected to show the fastest growth owing to changing consumer preferences. Due to the increasing health benefits of organic products, this segment is expected to boost the industry.

Based on Distribution Channel the market is segmented into

• Hypermarket/Supermarkets

• Convenience Stores

• Specialty outlets

• Grocery Stores

• Online Retailing

Hypermarket/Supermarket dominates the market, whereas Online Retailing is expected to show significant growth owing to increasing internet connections and rising preference for online shopping.

Europe Chocolate Syrup  Market geography Analysis:

By geography, the Chocolate Syrup market is classified into

• UK

• Spain

• Germany

• France

• Italy

Europe had the largest market share and is expected to dominate during the forecast period.

Europe Chocolate Syrup  Market Key players:

1. Nestlé 

2. R. Torre & Co. (Torani) 

3. Hershey 

4. The J.M

5. Smucker Company American Garden 

6. Amoretti 

7. Bosco Products

8. DaVinci Gourmet 

9. H. Fox & Co. 

10. Monin 

11. Sonoma Syrup

12. Tropicana Slim