Industry analysis of Chocolates and Gourmet Dates | Trends and Growth Forecast to 2027

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Global Chocolates and Gourmet Dates: Overview

Chocolates contains cocoa as the main ingredient and that makes it as a sumptuous source of antioxidant. Also, gourmet dates are healthy in nature due to presence of natural dates. Variants in gourmet dates and chocolates are gaining momentum in the global chocolate and gourmet dates market. The global chocolates and gourmet market is expected to strengthen from 2018 to 2026.

An upcoming Transparency Market Research (TMR) report shares insights on size, share, trends, and factors attributing market growth during the forecast period. ‘

Global Chocolates and Gourmet Dates: Notable Developments

Some of the notable developments with regard to chocolates and gourmet dates are described in following points.

• July 7^th is being celebrated as ‘Chocolate Day’ since 2009. This day is being celebrated across the globe to encourage everyone to consume as much chocolate as possible.
• India was listed as a key contributor in producing Majhool dates, followed by Indonasia and Malaysia. According to a study Majhool dates attract UK and France consumers. Additionally, it offers an excellent market position. Statistics from the US Economic Research Services indicate rising import volumes.

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Besides these developments, various players in the global chocolates and gourmet dates market are focusing on adopting various strategies such as mergers and acquisitions to expand their presence and cater to huge demand for chocolates and gourmet dates. Some of the prominent players operating in the global market include Doyen Foods, Mars Inc., Sharjah Dates Factory, Ferroro Group, Nestle S.A, and Fly berry Gourmet 

Global Chocolates and Gourmet Dates: Drivers & Restraints

Some of the major drivers and restraints in the global chocolates and gourmet market are as follows.

Health Benefits to Fuel Growth

Health benefits associated with consumption of chocolates and gourmet dates are likely to increase the demand among health conscious population. Chocolates are rich source of antioxidants and they play a role in slowing down the aging.. Chocolates are believed to increase immunity by increasing serotonin secretion in the gut and brain. These factors are expected to drive the global chocolates and gourmet dates market to boost during the forecast period. Additionally, availability of limited edition chocolates such as variants of chocolate are expected to drive the chocolates and dates gourmet market. Increased travel and tourism is projected to fuel the global chocolates and gourmet dates market.

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Wide Range of Chocolates to Strengthen Global Chocolates and Gourmet Dates Market 

Chocolates and gourmet dates are widely used while making cakes, cookies, breads, and candies. This is another application factor that are projected to promote the global chocolates and gourmet market during the forecast period.

Moreover, chocolates are available through all retail sales channels such as grocery shops, hypermarkets, online retail market, and super markets. Thus, the global chocolates and gourmet market is expected to surge in the forthcoming years. Further, chocolates and gourmet dates are considered as gifting option during festivities such as anniversaries, birthdays, Easter Sunday, Valentine’s day, etc. Also, many corporates consider chocolates for gifting during major festivities such as Christmas. Hence, such festivals and events are also boost sales of chocolates and expand the global chocolates and gourmet dates market in the upcoming years. 

Global Chocolates and Gourmet Dates: Geographical Analysis

Europe is projected to be the dominant region, holding highest market share in the global chocolate and gourmet market. The growth in this region is due to rising tourism and rising production of chocolates. Hence, there is expected to be wide growth opportunities for the global chocolates and gourmet dates market.

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This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

• Customer Experience Maps
• Insights and Tools based on data-driven research
• Actionable Results to meet all the business priorities
• Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

• North America
• Asia Pacific
• Europe
• Latin America
• The Middle East and Africa

The food and beverages sector has cemented its place among the global populace firmly over the years. This sector attracts considerable investments and subsidies from numerous government and non-government organizations. The trends and popularity regarding specific sub-categories are dynamic and help in structuring the overall growth. The trends are a way of answering the needs of the consumer. The players in the food and beverages sector have to adapt to the changing trends, which helps increase revenue-generation opportunities.

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