LIQUID CHOCOLATES MARKET ANALYSIS

Liquid Chocolates Market, by Product Type (White Chocolate, Dark Chocolate, and Milk Chocolate), by Application (Food (Bakery Products, Confectionary Products, Ice Cream, and Others) & Beverages (Milkshakes, Smoothies, and Others)), by End Use (Commercial & Residential), by Distribution Channel (B2C (Hypermarkets & Supermarkets, Specialty Stores, Online Channel, and Others) and B2B), and by Region (North America, South America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022-2028

MARKET DYNAMICS

Liquid chocolates are largely sold during occasions and festivals such as Valentine’s Day, Easter, Halloween, and Christmas, and during occasions such as weddings, birthdays, anniversaries, mother’s day, and others. According to the International Housewares Association, in 2017, the U.S. retail sales of chocolate products was highest during Easter with a value of US$ 935 million, followed by Christmas, Valentine’s Day, Halloween, and other similar public holidays/occasions with values US$ 776 million, US$ 524 million, US$ 383 million, and US$ 12 million, respectively.
Increasing awareness about health benefits associated with chocolate is boosting demand for liquid chocolates. Chocolates contain antioxidants called flavonoids, most notably epicatechin, catechin, and procyanidins. High intake of foods containing flavonoids reduce risk of heart disease. Dark chocolate protects the skin against sun damage, improves blood flow to the skin, increases skin hydration, and improves brain functioning.
Stringent government regulations imposed on liquid chocolate manufacturing & packaging is a key challenge for manufacturers to sustain in the market. In the U.S., Food & Drug Administration (FDA) regulates the manufacturing & labelling standards for chocolates. Code of Federal Regulations Title 21 part 163 defines method of analysis & specific standardization of cocoa products.