European Market for Chocolate Spreads and the Impact of COVID-19 in the Medium Term

DUBLIN–(BUSINESS WIRE)–The “Europe: Chocolate Spreads Market and the Impact of COVID-19 in the Medium Term” report has been added to offering.

This report presents a strategic analysis of the chocolate spreads market in Europe and a forecast for its development in the medium term, taking into account the impact of COVID-19 on it. It provides a comprehensive overview of the market, its dynamics, structure, characteristics, main players, trends, growth and demand drivers.

The chocolate spreads market in Europe was equal to 2.07 billion USD (calculated in retail prices) in 2014. Until 2024, the chocolate spreads market in Europe is forecast to reach 2.43 billion USD (in retail prices), thus increasing at a CAGR of 1.20% per annum for the period 2019-2024. This is a decrease, compared to the growth of about 2.11% per year, registered in 2014-2018.

The average consumption per capita in value terms reached 2.83 USD per capita (in retail prices) in 2014. In the next five years, it grew at a CAGR of 4.62% per annum. In the medium term (by 2024), the indicator is forecast to slow down its growth and increase at a CAGR of 2.33% per annum.

The purpose of the report is to describe the state of the chocolate spreads market in Europe, to present actual and retrospective information about the volumes, dynamics, structure and characteristics of production, imports, exports and consumption and to build a forecast for the market in the next five years, taking into account the impact of COVID-19 on it. In addition, the report presents an elaborate analysis of the main market participants, price fluctuations, trends, growth and demand drivers of the market and all other factors, influencing its development.

This research report has been prepared using the publisher’s unique methodology, including a blend of qualitative and quantitative data. The information comes from official sources and insights from market experts (representatives of the main market participants), gathered by semi-structured interviews.

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Post time: May-28-2020