ALL >> Business >> View Article
Lucintel Analysis: Innovative New Products With New Flavors And Low Calorie Chocolates
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 firstname.lastname@example.org. 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
Business Articles1. Gst Accounting Software
2. The Greener Solution To Cleaner Water
Author: Leslie WaterWorks
3. Concrete Contractors, Concrete Driveway, Tree Removal Lot Clearing - St. Helen
Author: Jeffrey Jones
4. Valuable Information About Chauffeur Car Services In Paris
5. Pictures Of Dogs And Puppies
6. Advantages Of Using Shackles For Lifting Heavy Loads
Author: Asmita Lokhande
7. How To Get High Rank On Google Using Latest Seo Techniques
Author: Anderson Mark
8. Collaboration Is Important For Getting Things Done, If Handled Properly
Author: NetZealous LLC, DBA TrainHR
9. Top Online Accounting Software In 2017
Author: Mohit Yadev
10. Strategies For Share Trading
Author: Darren Bentley
11. Static Caravan Dealers
12. Opportunities For The Global Frp Pole Market To Reach $322.1 Million By 2022
Author: Lucintel LLC
13. Excellent Software Training Program By Enosis Learning - Creating Software Professionals
Author: biz porto
14. Buy Curtains Online
15. Surefire Favor Ideas To Perk Up Beach Wedding
Author: Steve Hardin