LONDON--(BUSINESS WIRE)--Technavio has been monitoring the milk chocolate market and it is poised to grow by USD 16.38 billion during 2019-2023, progressing at a CAGR of about 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Chocoladefabriken Lindt & Sprüngli AG, Mars Inc., Mondelēz International Inc., Nestlé SA, and The Hershey Co. are some of the major market participants. The need of low-sugar milk chocolates will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Need of low-sugar milk chocolates has been instrumental in driving the growth of the market.
Milk Chocolate Market 2019-2023: Segmentation
Milk chocolate market is segmented as below:
-
Type
- Bar Milk Chocolate
- Bite-size Milk Chocolate
-
Geographic Landscape
- APAC
- Europe
- MEA
- North America
- South America
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Milk Chocolate Market 2019-2023: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our milk chocolate market report covers the following areas:
- Milk Chocolate Market Size
- Milk Chocolate Market Trends
- Milk Chocolate Market Industry Analysis
This study identifies rising focus on temperature tolerant milk chocolates as one of the prime reasons driving the milk chocolate market growth during the next few years.
Milk Chocolate Market 2019-2023: Vendor Analysis
We provide a detailed analysis of vendors operating in the milk chocolate market, including some of the vendors such as Chocoladefabriken Lindt & Sprüngli AG, Mars Inc., Mondelēz International Inc., Nestlé SA, and The Hershey Co. Backed with competitive intelligence and benchmarking, our research reports on the milk chocolate market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Milk Chocolate Market 2019-2023: Key Highlights
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will assist milk chocolate market growth during the next five years
- Estimation of the milk chocolate market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the milk chocolate market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of milk chocolate market vendors
Table Of Contents:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- 2.1 Preface
- 2.2 Preface
- 2.3 Currency conversion rates for US$
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
- 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 segmentation
- 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
- Market drivers
- Market 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 & Sprüngli AG
- Mars Inc.
- Mondelēz International Inc.
- Nestlé SA
- The Hershey Co.
PART 14: APPENDIX
- Research methodology
- List of abbreviations
- Definition of market positioning of vendors
PART 15: EXPLORE TECHNAVIO
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