Chocolate powdered drinks can be served both hot or cold and are mixed with either hot water or milk to prepare instant chocolate based drinks. Chocolate powdered drinks have a good taste and flavour which attracts consumers of all age groups. Several health benefits are associated with chocolate powdered drinks and it has various flavors available.
Growing urbanization along with a rise in the disposable incomes, growing impact of western culture, recent innovation in the market and various health benefits by addition of dry fruits and herbs are the factors responsible for the growth of the chocolate powdered drinks market.
The factors restricting the growth of the market are hot and humid climatic region of the world due to which the cocoa market is facing a significant challenge.
The market for Chocolate Powdered Drinks is mainly categorized into type, end user and distribution channel. By type the market is divided into
white chocolate drink, milk chocolate drink and dark chocolate drink. By end users the market is classified into
milk beverages, cappuccino mixes, protein shakes energy drinks, and Chocolate drinks. By distribution channel the market is categorized into
convenience stores, Online stores. specialty stores, supermarkets and
On the basis of geography, the market is analyzed under various regions namely
Europe, Asia-Pacific, North America and Rest of the World. Brazil remains the largest market for the consumption of chocolate powdered drinks while Africa produces a major share in the market. Europe and North America remain key markets.
Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.