The Chocolate Powdered Drinks 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 Chocolate Powdered Drinks Market is estimated to be USD XX million in 2017 and predicted to rise to USD xx billion by 2022 with a CAGR of xx%. The market is segmented by type ( dark chocolate drink, milk chocolate drink and white chocolate drink), by end users ( energy drinks, milk beverages, cappuccino mixes, protein shakes and chocolate drinks) , by distribution channel ( supermarkets and hypermarkets, convenience stores, specialty stores, online stores) . Further the market is also geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa.
Growing urbanization along with a rise in the disposable incomes acts as a major factor for the growth of the market. There has been a growing impact of western culture which further drives the market. There has been recent innovation in the market and various health benefits by addition of dry fruits and herbs have been reported in turn fuelling market growth. Due to hot and humid climatic region of the world, the cocoa market is facing a significant challenge which in turn acts as a restraint for market growth.
The market for Chocolate Powdered Drinks is broadly categorized into type, end user and distribution channel. By type the market is divided into dark chocolate drink, milk chocolate drink and white chocolate drink. By end users the market is classified into energy drinks, milk beverages, cappuccino mixes, protein shakes and chocolate drinks. By distribution channel the market is segmented into supermarkets and hypermarkets, convenience stores, specialty stores, online stores. On the basis of geography, the market is analyzed under various regions namely North America, Europe, Asia-Pacific and Rest of the World. Africa produces a major share of cocoa seeds while Brazil remains the largest market for the consumption of chocolate powdered drinks. North America and Europe remain significant markets.
Some of the key participating players in chocolate powdered drinks globally are Mondelez, Nestlé S.A., Gatorade, Mars Inc., GlaxoSmithKline Plc, PepsiCo Inc., Kanegrade Ltd, and others.
Browse through the full report at “https://www.marketdataforecast.com/market-reports/chocolate-powdered-drinks-market-6337/” and checkout our recent reports in the Processed food category 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.