According to 6Wresearch, Latin America Chocolate Market size is anticipated to register growth during 2019-25. Based on products, molded chocolates are expected to capture majority of the market revenues during the forecast period owing to the growing demand for custom and premium range of chocolates. Moreover, increasing demand for organic chocolates by consumers is expected to result in a high growth of revenues over the forecast period. Furthermore, easy availability of the products in supermarkets, convenience stores, and online retail would positively influence the demand for chocolates in the region.
Brazil dominated the Latin America Chocolate Market on account of a large amount of agricultural production of raw materials in the region. Additionally, Brazil aims to be one of the top cocoa growers over the coming years on account of growing Brazil’s National Association of the Cocoa Processing Industry (AIPC) initiatives to support cocoa plantation to reach 400,000 metric tons by 2028, which would fuel the growth of chocolates market in Brazil.
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Key Highlights of the Report:
Latin America Chocolate Market Overview
Latin America Chocolate Market Outlook
Latin America Chocolate Market Forecast
Historical Data of Latin America Chocolate Market Revenues & Volume for the Period 2015-2018
Latin America Chocolate Market Size and Latin America Chocolate Market Forecast of Revenues & Volume, Until 2025
Historical Data of Latin America Chocolate Market Revenues & Volume, by Types, for the Period 2015-2018
Market Size & Forecast of Latin America Chocolate Market Revenues & Volume, by Types, Until 2025
Historical Data of Latin America Chocolate Market Revenues & Volume, by Products, for the Period 2015-2018
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