Chocolate and Gourmet Dates Market, By Product Type (Chocolates, Gourmet Dates), By Packaging Type (Gift Packaging, Standard Packaging), By Distribution Channel (Hypermarkets and Supermarkets, Convenience Stores, Specialty Stores, Online Stores, Others), By Region (North America, Latin America, Europe, Middle East, Africa, Asia Pacific)

Published In : Mar 2023

Code : CMI2566

Pages :242

Formats :

Excel and PDF

Industry : Food and Beverages

Market Challenges And Opportunities

Chocolate and Gourmet Dates Market: Growth Drivers

Increasing consumption of chocolate-based confectionery products is one of the major factors expected to drive the growth of the global market
Moreover, the easy availability of chocolates along with limited edition chocolates and stuffed gourmet dates are some factors fueling the growth of the target market
Also, chocolates and gourmet dates are becoming popular as a better gifting option for festivals and special occasions. This is another factor projected to augment global market growth.
Manufacturers are extending their product portfolios in order to fulfill changing buying and consumption patterns which turns in will aid in the growth of the target market.
In addition, widespread approval of chocolates for drinks, bakery products, ice creams, and functional foods, is expected to boost the growth of the target market over the forecast period

Chocolate and Gourmet Dates Market: Restraints

Shortage in the supply of cocoa
Overconsumption of chocolates may cause dental issues, which is a factor expected to hamper the growth of the global market
In addition, the high cost of premium packaged products is another factor that may challenge the growth of the target market