The Europe caramel chocolate market size reached US$ 2,148 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 2,703 Million by 2028, exhibiting a growth rate (CAGR) of 3.8% during 2023-2028.
Caramel is a medium to a dark-orange confectionery product made by melting a variety of sugars. It is generally mixed with milk or cream, butter, sugar, glucose, vanilla or vanilla flavoring for producing caramel chocolate. Due to its soft texture, caramel chocolate can be extruded at lower temperatures, can be easily molded and put into various candies or candy bars to add flavor, binding and texture.
The Europe caramel chocolate market is primarily driven by the growing consumption of salted caramel chocolate products, such as cookies, cupcakes, martinis, pumpkin pies, coffee drinks, truffle ice creams and nut protein bars. Besides this, a rise in the number of cafes across the region has increased the product sales as it is used as a topping in various beverages to enhance the texture and flavor. Moreover, a wide range of innovative caramel chocolate products offered by the manufacturers has been incorporated in multiple desserts such as apple pie, crème brûlée and Italian gelato. They are also launching caramel chocolates with reduced sugar and fat content for health-conscious consumers. Furthermore, the well-established organized retail sector and aggressive marketing techniques are also catalyzing the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Europe caramel chocolate market report, along with forecasts at the regional and country level from 2023-2028. Our report has categorized the market based on distribution channel.
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Non-Grocery Retailers
Breakup by Country:
- United Kingdom
The competitive landscape of the industry has also been examined along with the profiles of the key players.
|Base Year of the Analysis
|Distribution Channel, Country
|Germany, France, United Kingdom, Italy, Spain, Others
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Key Questions Answered in This Report:
- How has the Europe caramel chocolate market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Europe caramel chocolate market?
- What are the key regional markets?
- What is the breakup of the market based on the distribution channel?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the Europe caramel chocolate market and who are the key players?
- What is the degree of competition in the industry?