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NORTH-AMERICAN INDUSTRIAL CHOCOLATE MARKET 2018 Industry Survey, Growth, Competitive Landscape and Forecasts to 2022
from North American Industrial Chocolate Market to Develop Rapidly at CAGR of about 5.45% by 2022
by suraj taur
NORTH-AMERICAN INDUSTRIAL CHOCOLATE MARKET 2018 Industry Survey, Growth, Competitive Landscape and Forecasts to 2022
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PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)
NORTH-AMERICAN INDUSTRIAL CHOCOLATE MARKET 2018
Survey, Growth, Competitive
Chocolate is a sweet, food prepared from roasted and ground seeds of Theobroma cacao in a variety of forms such as Paste, Liquid and Solid. Landscape and Forecasts to 2022
Industrial Chocolate differs from Craft Chocolate in its use. Industrial chocolate is utilized by manufacturers of finished foods products such as
Confectionery, Ice Cream, Beverages and others as a flavoring agent. The North American industrial chocolate market is expected to grow at a CAGR
of 5.45% during the forecast period of 2017 to 2022.
Growing cultivation especially in African nations of Ghana, Ivory Coast and others have resulted in satisfying the growing demand as Western Africa
produces almost two-thirds of the world's cocoa. Rise in disposable incomes, developments in global supply chains, and development of innovative
products such as organic and sugar-free chocolates, and chocolate products formulated to withstand high temperature are aiding the market growth.
For instance, Barry Callebaut introduced the Choc37.9 line of products with greater thermo tolerance.
