![Global Milk chocolate market](https://res.cloudinary.com/devmoveo/image/upload/v1706022322/skyquest/report/phpvASVF5.jpg)
Report ID: SQMIG30I2342
Report ID:
SQMIG30I2342 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
122 |
Figures:
77
Based on region, global milk chocolate market is segmented into North America, Asia Pacific, Europe, Latin America and Middle East Africa. Europe presently maintains the largest market share in the global milk chocolate market, followed by North America, and is expected to maintain its dominance throughout the forecast years due to high milk chocolate production and consumption across the area. Another significant factor for the region's rise is the presence of key global milk chocolate makers in Europe and North America, such as Mondelez International, Cargill, Nestle S.A., and others. The milk chocolate market in Asia Pacific is expected to grow dramatically in the future years, owing to a significant growth in the region's consumers' discretionary spending habits. Rising awareness of the many health benefits provided by cocoa-based consumables is likely to further fuel the expansion of the Asia Pacific milk chocolate market. Furthermore, expanding global market players' interest in major Asian countries like as India and China, as well as Asian companies' adoption of fair-trade cocoa sourcing procedures, are expected to boost the region's market expansion.
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Report ID: SQMIG30I2342