WILMINGTON, Del., Aug. 13,
2024 /PRNewswire/ -- Allied Market Research
published a report, titled, "Aerated Chocolate
Market". According to the report, the aerated chocolate
market was valued at $11.3 billion in
2023, and is estimated to reach $30.6
billion by 2033, growing at a CAGR of 10.7% from 2024 to
2033.
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Prime determinants of growth
The market for aerated chocolate is expanding due to several
important factors. One important factor is consumer preference for
lighter, aerated chocolate textures that provide a distinctive
sensory experience. Flavor and packaging innovations are also
essential for attracting new customers while maintaining hold on
current ones. The market is also growing as a result of
health-conscious trends that support aerated chocolate products
with lower sugar and calorie content. Global growth in existing and
growing markets is further stimulated by sophisticated marketing
efforts and product diversification by key manufacturers.
Report coverage & details:
Report
Coverage
|
Details
|
Forecast
Period
|
2024–2033
|
Base
Year
|
2023
|
Market Size in
2023
|
$11.3
Billion
|
Market Size in
2033
|
$18.7
Billion
|
CAGR
|
10.7 %
|
No. of Pages in
Report
|
250
|
Segments
Covered
|
Type, Aeration Method,
Distribution Channel, And Region.
|
Drivers
|
Growing Consumer
Preference For Novelty And Texture
|
Rising Demand For
Premium And Indulgent Products
|
Innovation In Flavors
And Varieties
|
Opportunities
|
Emerging
Markets
|
E-Commerce
Expansion
|
Restraints
|
Cost Of
Production
|
Seasonal Demand
Fluctuations
|
Segment Highlights
The market for aerated milk chocolate has grown significantly as
a result of its distinct flavor and texture. These chocolates
provide a pleasant sensory experience, combining the creamy
richness of milk chocolate with a light, airy texture achieved
through aeration. Customers appreciate that these chocolate bars
melt in their mouths more quickly and have a smoother sensation
than regular solid chocolate bars. Leading companies in the
industry keep coming up with new tastes and packaging designs to
meet changing consumer demands. Growing demand for versions with
less sugar and better ingredients is a reflection of broader trends
in the confectionery sector as consumers become more
health-conscious.
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Air bubbles are added to the chocolate matrix during production
via mechanical aeration, which is used in the aerated chocolate
market. In order to get the chocolate mass to expand and
incorporate air, it needs to be forcefully whipped or stirred. When
opposed to conventional solid chocolate, mechanical aeration
improves the mouthfeel of the chocolate by making it lighter and
smoother. Customers seeking decadent confections with a less dense
feel will find it appealing since it also lowers the product's
density while keeping its volume. The creation of different aerated
chocolate products, which serve a growing part of the confectionery
market, depends on this aeration technique.
The growing desire from consumers for novel textures and sweet
treats has led to a boom in the aerated chocolate market online.
With a vast range of aerated chocolate options from international
brands to artisanal producers, e-commerce platforms have become
indispensable. Due to the convenience of digital platforms,
customers easily discover and buy a wide variety of flavors and
styles. Increased exposure through social media and influencer
recommendations creates trends and boosts revenue. Chocolate lovers
seeking novelty and gift-givers seeking high-end selections are
among the many demographics served by the accessibility and variety
of the online aerated chocolate market. Its expansion in the
digital economy is evidence of its attractiveness and
flexibility.
Regional Outlook
The market for aerated chocolate displays a range of
geographical aspects that are shaped by distinct consumer
preferences and economic variables. In order to appeal to consumers
who are health-conscious, premium and innovative flavors are
currently popular in North
America. Europe's economy
is growing steadily due to strong distribution networks and
established habits. With rising disposable incomes and a growing
appetite for decadent delicacies, Asia-Pacific is showing signs of future
expansion. With a vibrant culture of snacking, Latin America welcomes aerated chocolate as a
fresh confectionery alternative. In general, local tastes are being
accommodated by regional markets, and multinational corporations
are taking advantage of these developments to launch new products
and increase their market share in the fiercely competitive aerated
chocolate industry.
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Players: -
- Alfred Ritter GmbH & Co. KG
- Barry Callebaut AG
- Cargill, Incorporated
- Chocoladefabriken Lindt & Sprungli AG
- Ferrero International S.A.
- Hershey Foods Corporation
- Kraft Foods Group, Inc.
- Mars Incorporated
- Meiji Co., Ltd.
- Mondelez International, Inc.
- Morinaga & Co., Ltd.
- Nestle S.A.
- Puratos Group
- TCHO Ventures, Inc.
- Valrhona
The report provides a detailed analysis of these key players in
the global aerated chocolate market. These players have adopted
different strategies such as new product launches, collaborations,
expansion, joint ventures, agreements, and others to increase their
market share and maintain dominant shares in different regions. The
report is valuable in highlighting business performance, operating
segments, product portfolio, and strategic moves of market players
to showcase the competitive scenario.
Recent Development:
- In March 2023, Hershey's
introduced new aerated chocolate varieties with a lighter
formulation and less sugar to appeal to health-conscious
consumers.
- In June 2023, Ferrero capitalized
on the premium market and the Chinese consumers' love for decadent
treats by launching Ferrero Rocher
aerated chocolate bars there.
- In August 2023, aiming to satisfy
a wide range of consumer preferences, Cadbury introduced new
flavors and increased its range of aerated chocolate products in
Australia and India.
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