The Global Chocolate Flavored Candy Market report published by Market Data Forecast provides a detailed account of the Market Trends via Customized Research presented as Strategic Analyses, Company Profiles, Competitive Landscape, etc. According to the report the Global Chocolate Flavored Candy Market is estimated to be USD XX million in 2017 and predicted to rise to USD XX million by 2022 with a CAGR of XX%. The market is segmented by Product type (Cane Flavored White Chocolate Candy, Twists Chocolate Flavored Licorice Candy), Application (Convenience Stores, Coffeehouses, Restaurants, Personal Use, Supermarkets, Others). Further the market is also geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa.
Factors like demand for the confectionary food, gaining people attention with rich taste, increase in the demand for the dark chocolate flavor, longer shelf-life compared to other food, rise in disposable income, changing life styles, growing urbanization, product innovations in the confectionary food and rise in population are driving the Global Chocolate Flavored Candy Market. However, factors like low nutrition content and rising prevalence of obesity and diabetes are hampering the growth of the market.
In product type, Cane Flavored White Chocolate Candy has the highest revenue whereas Convenience Stores accounted for the highest share In application.
In 2017, North America is projected to have largest share in terms of revenue owing to the high demand for the confectionary food and high investments in the food industry by government organizations and the private companies. However, the Asia-Pacific region is anticipated to have fastest growing rate with high CAGR due to the high demand for food owing to the rise in population, product innovations, growing demographics and the emerging economies like China and India.
Major companies in the Global Chocolate Flavoured Candy Market are Hershey's, Natural Food Works Group, LLC, Carmit Candy Industries, August Storck KG, Colombina S.A., Lowell International Polska, Tootsie Roll, Florestal Foods and Tora Foods.
Browse through the full report at https://www.marketdataforecast.com/market-reports/chocolate-flavoured-candy-market-5961/ and checkout our recent reports in the Processed Food at https://www.marketdataforecast.com/subcategory/processed-food-15/ For more insights and up-to-date industry news don’t forget subscribing to our newsletters.