The World Market for Milk Chocolate (2019-2023): Dominated by Chocoladefabriken Lindt & Sprngli, Mars, Mondelz International, Nestle, and The Hershey Co

| Source: Research and Markets Research and Markets

Dublin, June 28, 2019 (GLOBE NEWSWIRE) -- The "Milk Chocolate Market by Type and Geography - Global Forecast and Analysis 2019-2023" report has been added to ResearchAndMarkets.com's offering.

In 2018, the bar milk chocolate segment had a significant market share, and this trend is expected to continue over the forecast period.

Factors such as premiumization of milk chocolate bars will play a significant role in the bar milk chocolate segment to maintain its market position.

Also, the report looks at factors such as increased spending on milk chocolates by millennials and Gen Z, rising demand for milk chocolates from emerging markets, and rising demand for low-calorie milk chocolate from health-conscious consumers.

However, uncertainties in the key raw materials market, rising dairy allergen cases among consumers and the competition from dark chocolate varieties may hamper the growth of the milk chocolate industry over the forecast period.

Rising demand for low-calorie milk chocolate from health-conscious consumers

Consumers are increasingly becoming aware of the health risks associated with the consumption of high-calorie food products, including milk chocolates. To capitalize on this growing trend among consumers, milk chocolate manufacturers are offering low-calorie milk chocolates. Several companies are investing in developing such innovative milk chocolate products for diet-conscious consumers.

The growing demand for such low-calorie milk chocolates is one of the major factors driving the growth of the global milk chocolate market size at a CAGR of almost 5% during the forecast period.

Rise in flavors in milk chocolates

The growing shift toward flavored milk chocolates among consumers has encouraged milk chocolate manufacturers to include several ingredients such as nuts, fruits, added flavors, and textures.

Some vendors in the market are offering new flavors such as ginger lime to expand their product portfolios. The introduction of flavored milk chocolates will have a positive impact on the growth of the global milk chocolate market size.

Competitive Landscape

With the presence of several players, the global milk chocolate market is fragmented. This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several milk chocolate manufacturers.

Also, the milk chocolate market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

Key Players

  • Chocoladefabriken Lindt & Sprngli AG
  • Mars Inc.
  • Mondelz International Inc.
  • Nestle S.A.
  • The Hershey Co.

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY TYPE

  • Comparison by type
  • Bar milk chocolate - Market size and forecast 2018-2023
  • Bite-size milk chocolate - Market size and forecast 2018-2023
  • Market opportunity by type

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic comparison
  • Europe - Market size and forecast 2018-2023
  • North America - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

PART 11: MARKET TRENDS

  • Rise in flavors in milk chocolates
  • Introduction of small-scale startups
  • Focus toward temperature tolerant milk chocolates

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Chocoladefabriken Lindt & Sprngli AG
  • Mars Inc.
  • Mondelz International Inc.
  • Nestle S.A.
  • The Hershey Co.

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 15: EXPLORE

For more information about this report visit https://www.researchandmarkets.com/r/7fn9wn

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