Chocolate Market Analysis - Market Trends and Industry.
The global chocolate market size was valued at USD 130.56 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 4.6% from 2020 to 2027. Rising awareness regarding dark chocolate as a healthier confectionery product, which consists of antioxidants that protect the skin from harmful ultraviolet rays, is expected to promote the market growth over the next few years.
Research within librarian-selected research topics on Food and Nutrition from the Questia online library, including full-text online books, academic journals, magazines, newspapers and more.
The settlement came around three years after the consumer advocacy group As You Sow filed a lawsuit against several big players in the chocolate industry, including Hershey, for containing lead and cadmium traces in their products. As You Sow’s director of Toxic Chemicals Research, Eleanne van Vliet, previously told ConfectioneryNews that one serving of the tested brands “exceed the safe.
Chocolate manufacturing industry has been stable since 19th century when solid pieces were introduced. Through deliberate Research and Development efforts, the industry has been able to come up with innovative technology within chocolate manufacturing. As a result, productivity in the industry is poised to increase. There is no doubt that the industry is set for further growth in the future.
The study estimates that the UK chocolate industry produces about 2.1m tonnes of greenhouse gases (GHG) a year. This is equivalent to the annual emissions of the whole population of a city as large as Belfast. It also found that it takes around 1000 litres of water to produce just one chocolate bar. Chocolate is the UK’s favourite confectionary product, with the nation preferring milk over.
Yeh lads mergers and takeovers very likely to come up cause based on the research I can’t remeber which 2 firms but 2 big chocolate companies have merged and another 2 atleast tried to merge so there will defo be questions regarding that also as for calculations it is very much possible, I did a mock for paper 3 last month and one of the 20 markers had required us to calculate gearing ratio.
The confectionery industry is comprised of three segments: chocolate confectionery, sugar confectionery and gum products. All three categories are characterized by the use of a significant amount.