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Latin America Chocolate Syrup Market By Type (Conventional And Organic), By Distribution Channel (Hypermarket/Supermarket, Convenience Stores, Specialty Outlet, Grocery Stores And Online Retailing) And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2022 to 2027)

Published: March, 2023
ID: 5428
Pages: 145
Formats: report pdf report excel report power bi report ppt

Latin America Chocolate Syrup  Market Size Growth Trends Value 2022 - 2027

Latin America Chocolate Syrup  Market is worth USD xx million in 2021 and estimated to grow at a CAGR of xx.xx%, to reach USD xx million by 2026. The Latin America 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 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 rising use of chocolate syrup as a toppings or flavor enhancer in desserts like ice-cream, pan cakes, coffee and pastries etc. Coffee shops or cafes are one of the largest consumer for chocolate syrup, hence increasing coffee shops are expected to boost the industry. However growing inclination towards healthier food items containing low calorie or low sugar is a major restraint.

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2020 – 2026

Base Year

2020

Forecast Period

2022 - 2027

CAGR

XX%

Segments Covered

By Type, and By Distributional Channels

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Countries Covered

Brazil, Mexico, and Argentina

Market Leaders Profiled

The J.M. Smucker Company American Garden , Amoretti , Bosco Products, DaVinci Gourmet , H. Fox & Co. , Monin , Sonoma Syrup and Tropicana Slim

Latin America Chocolate Syrup market is segmented on the basis of Type, Distribution Channel and region. Based on Type the market is segmented into Conventional and Organic. Conventional Segment had the largest market share and is expected to dominate during the forecast period. Organic Segment is expected to show fastest growth owing to changing consumer preferences. Due to increasing health benefits of organic products, this segment is expected to boost the industry. Based on Distribution Channel the market is segmented into Hypermarket/Supermarket, Convenience Stores, Specialty Outlet, Grocery Stores and 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.

Based on Geography the Latin America Cell Expansion market is segmented into Brazil, Mexico, Argentina, and remaining countries of South America. Brazil is expected to dominate the region followed by Mexico.

Nestlé , R. Torre & Co. (Torani) , Hershey , The J.M. Smucker Company American Garden , Amoretti , Bosco Products, DaVinci Gourmet , H. Fox & Co. , Monin , Sonoma Syrup and Tropicana Slim are the key players in the Latin America Chocolate Syrup  market.

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