Latin America Chocolate Based Spreads Market was estimated to be growing at a CAGR of 1.5%, to reach USD xx billion by 2027
Chocolate spread is a sweet chocolate-flavored paste that is eaten mostly spread on toast and bread or similar grain products such as waffles, muffins, pancakes, and pitas. Although chocolate spreads taste, smell, and look like chocolate, they do not solidify, even at room temperature. The paste typically contains cocoa and palm or vegetable oil, and is also likely to contain sugar, milk and additional flavors. At times, it also includes nuts such as ground hazelnuts or honey. Chocolate spread is normally sold in plastic tubs or glass jars.The key driving factors of Latin America Chocolate Based Spreads market are shifting consumer taste preferences and growing spending on chocolate and other confectionary products. Growing urbanization, widespread availability of chocolate and growing awareness about the various health benefits which can be obtained from the consumption of chocolate and derived products will remain another key factor fuelling the market for chocolate based spreads Latin Americaly. The chief constraint of the market is uncertain economy of the cocoa supply which is likely to raise chocolate prices.
The Latin America Chocolate Based Spreads market is segmented
based on type
By frequency of sale,
By distribution channel
ConAgra Foods Inc.
B & G Foods Inc.
Nestle, Wellness Foods
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