Chocolate inclusions are used for filing purposes to add texture, and chocolate decorations are used for decorating & topping the food products. Chocolate inclusions are available on the market in different flavors, colors, sizes, and shapes. These will enhance the appeal and feel of the food products.
The growing awareness regarding the health benefits of chocolate is likely to steer the growth of the global chocolate inclusions and decorations market exponentially over the forecast period. Chocolate is a rich source of manganese, copper, magnesium, iron and is also packed with high amounts of antioxidants. Therefore, it prevents the risks of cardiovascular diseases and also lowers blood pressure. However, owing to the growing popularity of chocolates and their associated health benefits, consumers all around the globe are demanding organic and sugar-free chocolates that can be used for the purpose of chocolate inclusions and decorations. However, the growing demand for organic sugar-free chocolates is likely to open several lucrative growth opportunities in the global chocolate inclusions and decorations market over the forecasted period. In addition, these decorations are widely being adopted for coating, topping, frosting, and icing purposes, particularly in confectionery, bakery, and dairy sectors.
The global chocolate inclusions and decorations market can be segmented into end-user, product, and region.
By end-user, the market can be segmented into confectionery, bakery, dairy, and others.
By product, the market can be segmented into chocolate decorations and chocolate inclusions. By type, the market can be segmented into milk chocolate, dark chocolate, and white chocolate.
North America accounts for the largest share in the global chocolate inclusions and decorations market due to the fast proliferating dairy and confectionery sector in the region. Furthermore, the growing number of fitness enthusiasts demanding sugar-free organic chocolate products is likely to accentuate the demand for chocolate inclusions and decorations in the region.
Asia Pacific is expected to register significant growth over the forecasted period due to the growing urbanization along with prospering the end-user sector in the region. Also, the growing cases of cardiovascular diseases are likely to further compel people to consume chocolate products owing to their health benefits.
Some of the significant players in the global chocolate inclusions and decorations market are IfiGOURMET, Industries NZ Ltd, Carroll, Nimbus Foods, Barry Callebaut, Confection by Design, Orchard Valley Foods, Kanegrade, Kayem Foods, and Cargill Cocoa & Chocolate. To cite, Barry Callebaut acquired Gertrude Hawk Chocolate’s ingredients division to expand its decorations and inclusion portfolio.