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The global white chocolate market reached a value of US$ 18.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 21.0 Billion by 2027, exhibiting a CAGR of 2.1% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
White chocolate is made with cocoa butter, sugar, milk products, vanilla, and a fatty emulsifier called lecithin that holds all the ingredients together. Among these, cocoa butter is the prime ingredient used in white chocolate which provides a subtle flavour. Traditionally, white chocolate is not considered ‘chocolate’ in proper sense as it does not contain chocolate solids or chocolate powder, which gives chocolates a bitter, tannic, and berry-like flavour. Rather, the quality of white chocolate is determined by its colour. Although, it is available in white, pale yellow or ivory colours, the latter two are considered superior as they tend to contain more percentage of cocoa butter.
As a result of its distinctive taste and properties, white chocolate is used in a number products such as snack-foods – chips, cookies, popcorns and cupcakes; beverages – milkshakes, coffee and smoothies; and cosmetic – wax, nail enamel and oil.
The report has analysed the global white chocolate market on the basis of distribution channels, covering super- and hyper-markets, convenience stores, non-grocery retailers and others. The report has further segmented the market on the basis of region, covering Western Europe, North America, Eastern Europe, Asia, Latin America, Middle East and Africa and Australasia. Currently, Western Europe represents the largest region for white chocolate, accounting for the majority of the market share.
This report provides a deep insight into the global white chocolate industry covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. The report also provides a comprehensive analysis for setting up a white chocolate manufacturing plant. The study analyses the processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, consultants, and all those who have any kind of stake or are planning to foray into the white chocolate industry in any manner.
The global white chocolate market was valued at US$ 18.2 Billion in 2021.
We expect the global white chocolate market to exhibit a CAGR of 2.1% during 2022-2027.
The growing application of white chocolate with savory ingredients to enhance the overall flavor of the
dishes, is primarily driving the global white chocolate market.
The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from
conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of
Based on the distribution channel, the global white chocolate market can be segmented into
supermarkets and hypermarkets, convenience stores, non-grocery retailers, and others. Currently,
supermarkets and hypermarkets hold the majority of the total market share.
On a regional level, the market has been classified into Western Europe, North America, Eastern Europe,
Asia, Latin America, Middle East and Africa, and Australasia, where Western Europe currently dominates
the global market.
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