123ArticleOnline Logo
Welcome to 123ArticleOnline.com!

ALL >> Business >> View Article

Lucintel Analysis: Innovative New Products With New Flavors And Low Calorie Chocolates

By Author: Roy Almaguer
Total Articles: 84

The US chocolate industry is expected to experience moderate growthand reach an estimated $19.3 billion in 2018. Innovation of new products in dark chocolate and milk chocolate segment with new flavors and low calorie such as sugar-free chocolates will increase the growth of retail chocolate industry. Occasion and celebration is a factor that impacts the selling and production of chocolate and ultimately leads the increased company revenue which boosts industry growth.

Lucintel, a leading global management consulting and market research firm, has conducted a detailed analysis on the US chocolate industry and presents its findings in “US Chocolate Industry 2013-2018: Trend, Forecast, and Opportunity Analysis.”

Lucintel highlights the major challenges likely to be faced by the industry.Rising prices of raw materials, especially for cocoa beans, is affecting the manufacturing cost of chocolates which can pose a challenge for market growth. Other factors such as intermittentraw material supply and lack of efficient distribution channels in emerging markets create challenges for the chocolate industry.

The report also covers the key drivers. Increasing consumer expenditure and per capita income are the primary demand drivers for retail chocolate industry which drive industry towards growth. Increasing personal consumption expenditure would increase the US retail chocolate industry. As per the study, 73.9% of total US population, i.e., 234 million consumers love to eat chocolates irrespective of gender.Hectic lifestyle of consumersand innovative chocolate products doubling as health supplement, chocolate for the diet conscious, low calorie chocolates etc. lead to significant market growth.

Based on current economic forecasts, the US retail chocolate industry expects to register decent growth.Consumer awareness of brands, gifting in celebrations and various occasion, and increasing hectic lifestyle of consumers is expected to drive industry growth.

This report provides market dynamics and future opportunities to make long-term strategic and financial decisions as well as to compete in the market. This report gives insights of the market trend (2007-2012) and forecast period (2013-2018) which will assist the interested companies in making key decisions. Lucintel offerings include M & A and Due Diligence.

For a detailed table of contents and pricing information on these timely, insightful reports, contact Lucintel at +1-972-636-5056 or via email at helpdesk@lucintel.com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, insight, and cost efficiency. To learn more, visit www.lucintel.com. For more information please follow Lucintel at Facebook: https://www.facebook.com/lucintel. Twitter: https://twitter.com/lucintel. LinkedIn: http://www.linkedin.com/company/357023?trk=tyah&trkInfo=tas%3Alucintel%2Cidx%3A1-1-1

Total Views: 205Word Count: 389See All articles From Author

Business Articles

1. Corporate Events Company & Brand Building Of The Middle East
Author: Kari Events

2. Meeting Multistate Payroll Compliance Requirements Is Critical For Payroll Professionals
Author: NetZealous LLC, DBA TrainHR

3. Sap Sd Interview Questions And Answers
Author: Rajni

4. Sap Fico Online Training
Author: Rajni

5. Sustainable Home Design
Author: Monnaie Architects

6. Why Power Banks Are Becoming The Most Important Phone Accessory
Author: Lloyd Simpson

7. Top 4 Appliances You Can Have Repaired By An Hvac Company
Author: Grand Home Services LLC

8. Corporate Entertainment Usa
Author: chrisgracelivewebmaster

9. Necessity Of Lethbridge Home Inspection For New Homes
Author: Mark Henry

10. Who To Trust For Availing Easy Loan Singapore
Author: goldencredit

11. Equity Trading Strategies In Indian Capital Market.
Author: Sanjay Singh

12. Impact Of Fdi & Fii On Indian Stock Market
Author: Sanjay Singh

13. Pros And Cons Of Advertising In An Application
Author: MichaelDavidWilson

14. Samsung Ac Service Center Hyderabad
Author: srinika rao

15. Lg Refrigerator Service Center Hyderabad
Author: srinika rao

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: