[FURL=https://www.industryarc.com/Research/Germany-Chocolate-Market-Research-509515?utm_source=BriefingWire&utm_medium=PressRelease&utm_campaign=PaidPressRelease]Germany Chocolate Market[/FURL] size in 2020 is estimated to be $8.2 billion, growing at a CAGR of 4% during the forecast period 2021-2026. Chocolate is produced from cocoa beans and is used in variety of desserts such as cakes, candy, and ice-cream. It is available in a solid form like a candy bar or it can be in a liquid form like hot chocolate. Rising awareness regarding dark chocolate and growing consumption of chocolates among youngsters are the major factors driving the growth of the market. Moreover, new product varieties and advancement of chocolate processing technology further enhance the overall market demand for chocolate during the forecast period 2021-2026.Key Takeaways
Rising awareness regarding dark chocolate and growing consumption of chocolates among youngsters is driving the market growth of chocolate.
Detailed analysis of the Strength, Weakness, and opportunities of the prominent players operating in the market will be provided in the Chocolate Market report.
Increasing health problems linked to chocolate and sweet consumption are restraining the market.
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Germany Chocolate Market Drivers
Rising Awareness Regarding Dark Chocolate
Increasing awareness regarding dark chocolate among consumers as it is healthier alternative since it has antioxidants is driving the market growth of this segment. Moreover, dark chocolate also helps to reduce the risk of cardiovascular diseases owing to the presence of good fats and flavonoids that are considered to lower blood pressure and bad cholesterol level which are increasing the market growth of chocolate.
Growing Consumption of Chocolates Among Youngsters
Growing consumption of chocolates among youngsters owing to increasing awareness from social websites and television channels by confectionery companies are driving the growth of the market. Moreover, chocolates are given as gifts during the festive season and contributing to the growth of chocolate market.
Germany Chocolate Market Challenges
Increasing health issue by consumption of more chocolates are challenging the growth of the market. Moreover, increasing calories and sugar level are further restraining its market growth during the forecast period 2021-2026.
Germany Chocolate top 10 companies are Mondelez International., Mars Incorporated, Ferrero, The Hershey Company, Nestle, Chocoladenfabriken Lindt & Sprungli AG, August Storck Kg and Yildiz Holding AS.
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