From iGen & Millennials to Baby Boomers & beyond. Global chocolate market is projected to grow at a CAGR of 4.5% during the forecast period. Furthermore, a rising number of product innovation attributed to the changing consumer preferences for newer products, such as vegan-based and gluten-free desserts, has further boosted the market growth. An increase in home baking as well as the loss of potential eating occasions due to the nationwide lockdown will inflict a hit. In the 21st century, a chocolate revolution is gaining momentum, marked by an increasing interest in healthy and high-quality chocolate by younger Millennial and GenZ consumers. All images provided by the companies mentioned. UK Compound Chocolate Market is segmented by type (dark, milk and white chocolate); by form (chocolate chips/drops/chunks, chocolate slab, chocolate coatings, and others); and by application, (bakery, confectionery, frozen desserts and ice-cream, beverages, cereals, others). To understand key trends, Download Sample Report. Euromonitor International is the leading provider of strategic market research reports. "COVID-19 will negatively impact the cakes, cake bars and sweet baked goods market in the short term. Market reports provide appendices of data to support the research and insight produced. For instance, NATRA offers organic and no-added-sugar variants of white, dark, and milk compound chocolate apart from fillings and cocoa powder in the country. Any potential benefits gained from the fact that these products are traditionally... “Snacking continues to be an ingrained part of UK lifestyles. Purchase the Chocolate Confectionery in the United Kingdom country report as part of our chocolate confectionery market research for September 2020. Chocolate Milk Market is projected to reach USD 9.31 billion by 2024, registering a CAGR of 3.6% during the forecast period (2019 - 2024) The consumer demand for convenient, natural, nutritious, and healthy on-the-go snack options is the primary attribute for the sales of chocolate milk, across the world. George Eustice, food and farming minister said: “ There has been a huge growth in the number of independent chocolatiers in the UK and they are very adept at creating delicious products that are shaping consumer tastes around the world. The UK government said it was supporting small businesses by helping them look at export opportunities in the 149 worldwide markets that import UK chocolate. The primary factor driving the market for compound chocolates in the country is the rising consumer expenditure on indulgent confectionery products, especially chocolate confectioneries. UK CONFECTIONERY TRENDS 2019; UK CONFECTIONERY TRENDS 2019. With COVID-19 prompting a nationwide lockdown, out-of-home snacking disappeared overnight, but the traditional associations of many snacks as offering a low-cost mood boost kept them firmly on the menu at home.With consumers and the government more concerned than ever with healthy eating,... “With myriad products competing to give consumers a mood-boosting sugar fix during times of uncertainty, compelling NPD will remain vital for players in the sweets market. Who is spending money and what are they spending it on? Sweet-toothed adults will consume a massive 18,144 chocolate bars, cakes and biscuits in their lifetime. Chocolate Confectionery in UK by Mintel Market Sizes provides you with annual year-end market size data, most recently updated in 2019. Senior Food & Drink Analyst. The primary factor driving the market for compound chocolates in the country is the rising consumer expenditure on indulgent confectionery products, especially chocolate confectioneries. 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