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
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