The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.
The global caramel chocolate market reached a value of US$ 4.8 Billion in 2020.
Sudden outbreak of the COVID-19 pandemic has led to the implementation of stringent lockdown regulations across several nations resulting in disrupted supply chains and temporary closure of numerous manufacturing units for caramel chocolate.
According to the estimates by IMARC Group, the global caramel chocolate market to exhibit moderate growth during the next five years.
The rising consumption of salted caramel chocolate products, such as cookies, cupcakes, martinis, pumpkin pies, coffee drinks, truffle ice creams, nut protein bars, etc., represents one of the key drivers for the global caramel chocolate market.
The increasing consumer health consciousness has led to the emergence of healthier chocolate variants with lesser calories and various nutritional ingredients, which represents one of the key trends in the global caramel chocolate market.
On the basis of the distribution channel, the market has been classified into supermarkets and hypermarkets, convenience stores, non-grocery retailers, and others. Amongst these, supermarkets and hypermarkets hold the largest market share.
Region-wise, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, where Europe dominates the global market.
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