Hot Chocolate Powder Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Hot chocolate powder, also known as drinking chocolate powder, is primarily stirred into milk or water with sugar. Cocoa is rich in polyphenols which are known for their multiple health advantages. Polyphenols are naturally occurring antioxidants that are recognized to improve blood flow, lower blood pressure, and alleviate inflammation. Hot chocolate powdered drinks are preferred by consumers of all age groups, such as kids, teenagers, and youngsters.

MARKET DYNAMICS

The hot chocolate powder market has witnessed significant growth due to increasing health awareness among consumers in urban households, which has led to an escalation in the consumption of drinks, including hot chocolate. Moreover, innovation in hot chocolate powdered beverages with health benefits provides enormous market opportunities for the key players in the market. However, volatility in the prices of cocoa in the market is projected to impede the overall growth of the hot chocolate powder market.

MARKET SCOPE

The "Global Hot Chocolate Powder Market Analysis to 2031" is a specialized and in-depth study of the food and beverage industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the hot chocolate powder market with detailed market segmentation by packaging type, distribution channel. The global hot chocolate powder market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading hot chocolate powder market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global hot chocolate powder market is segmented into packaging type, distribution channel. By packaging type, the hot chocolate powder market is classified into bottles, tubs, and others. By distribution channel, the hot chocolate powder market is classified into supermarkets and hypermarkets, convenience stores, online retail, others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global hot chocolate powder market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The hot chocolate powder market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the hot chocolate powder market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the hot chocolate powder market in these regions.

MARKET PLAYERS

The report covers vital developments in the hot chocolate powder market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the hot chocolate powder market are anticipated to lucrative growth opportunities in the future with the rising demand for hot chocolate powder in the global market. below mentioned is the list of few companies engaged in the hot chocolate powder market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the hot chocolate powder market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.

•   Nestle
  
•   Mondelz International
  
•   The Hershey Company
  
•   Mars Incorporated
  
•   Chocoladefabriken Lindt & Sprüngli AG
  
•   Xucker GmbH
  
•   Cocosutra
  
•   HARIBO of America, Inc.
  
•   Associated British Foods plc
  
•   Valrhona Inc.
  

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.

Hot Chocolate Powder Report Scope