Chocolate Couverture Market

Chocolate Couverture Market Outlook

[250 Pages Report] The global chocolate couverture market is estimated to total nearly USD 7.5 Billion by the end of 2022. The sales of chocolate couverture are expected to rise at a CAGR of 4% to 5% during the forecast period 2022 to 2032. Surging applications of chocolate couverture across hotels, cafes, and restaurants for making desserts, chocolates-based drinks, ice creams, and others is estimated to propel the demand in the global market.

Report Attribute	Details
Chocolate Couverture Market Base Year Value (2021)	USD 7 Billion
Chocolate Couverture Market Expected Value (2022)	USD 7.5 Billion
Chocolate Couverture Market Projected Growth Rate (2022 to 2032)	4% to 5% CAGR

Chocolate couverture is a chocolate that is processed from cocoa beans and contains a higher percentage of cocoa butter (nearly 32% to 39) than convention eating and baking chocolate. When combined with proper tempering, the additional cocoa butter in the couverture, gives the chocolate a creamy mellow flavor, more sheen, and a firm snap sound when broken. The specialty of chocolate couverture is attributed to favorable characteristics such as crystallization of cocoa butter.

The processing of chocolate couverture involves a careful selection of cocoa butter crystals that are inherently in the higher stable crystals form and preserving those in chocolates. This preservation of stable crystals is what provides the couverture a smooth and perfect texture.

In order to be perfectly labeled with ‘couverture,’ the chocolate products are necessary to contain no less than 35% of the total dark cocoa solids, 2.5% of dry non-fat cocoa solids, and 31% cocoa butter.

This high content of dark cocoa solids and cocoa butter grants chocolate couverture its unique taste profile that expresses the intensity of the cocoa flavor in the purest form. Hence, surging demand for dark chocolate, milk chocolates, and other chocolate products is anticipated to bolster the sales of chocolate couverture in the market.

Which are the Factors Driving the Growth in Chocolate Couverture Market?

Chocolate couverture is gaining immense popularity across sectors such as food and beverage processing, ice cream & frozen desserts, confectionery, and bakery among others, owing to its high content of cocoa butter, intense chocolaty flavor, and smooth & creamy texture. In addition to this, the couverture can be melted and re-melted making them suitable for a wide range of applications such as filling, molding, and glaze across diverse industries.

Also called as cooking chocolate, chocolate couverture is extensively being used in making numerous chocolate products such as flavored milk, crackles, ice cream, brownie, chocolate covers foods, cake, cookies, fudge, and biscuits among others. Thus, increasing demand for aforementioned products across the world is projected to create lucrative growth opportunities in the market.

With increasing consumption of variety of chocolate such as dark chocolates, milk chocolates, flavored chocolates, choco chips, and others, leading chocolate manufacturers are increasingly focusing on expanding their production capacity. For instance, in 2020, Barry Callebaut, one of the largest chocolate manufacturers announced investing USD 9.59 Million for expanding its production capacity at its Mina Gerais, Brazil. As chocolate couverture is one of the main ingredients used in production of chocolate products, such developments are estimated to favor the growth in the market.

What are the Challenges Faced by the Chocolate Couverture Market?

Over the past few years, a significant rise in burden of lifestyle diseases such as diabetes, obesity, and others, is being witnessed worldwide. For instance, according to a report by the International Diabetes Federation, nearly 537 million adults between the age of 20 and 79 years were suffering from diabetes across the world in 2021 and the number is estimated to reach 643 million by the end of 2030.

Attributed to this growing prevalence of lifestyle diseases, population across the globe are increasingly avoiding the consumption of sweets including chocolates, owing to its adverse effects on health. This is anticipated to hinder the sales of chocolate couverture in the market.

Why is Asia Pacific excluding Japan Emerging as an Opportunistic Chocolate Couverture Market?

Future Market Insights states that Asia Pacific excluding Japan is estimated to account for the dominant share in the global chocolate couverture market between 2022 and 2032.

The trend of cafes, restaurants, and hotels is creating deeper inroads across the Asia Pacific, owing to the rising consumer spending on leisure activities. Hence, prominent industry players are emphasizing on launching novel food service spaces to capitalize on the existing trend.

For instance, Fren Hotels & Resort, an Indian hotel chain announced opening 2 new hotels in locations Kevadia (Statue of Unity) and Junagadh (Gujarat) in 2021. As foodservice operators increasingly make use of chocolate couverture for making chocolate-based beverages, desserts, and others, such developments are expected to propel the demand for chocolate couverture in the Asia Pacific excluding Japan market.

How is Europe Contributing to the Growth of the Chocolate Couverture Market?

As per FMI, Europe is anticipated to project robust growth in the global chocolate couverture market during the forecast period 2022 to 2032.

Demand for chocolate couverture is surging at a rapid pace, owing to increasing application across bakery, confectionery, food processing, beverages, and household. Citing this trend, leading manufacturers in the market are focusing on launching novel products to cater to surging demand.

For instance, in 2021, Cacao Barry, a Swiss-French manufacturer of chocolate announced introducing its first chocolate couverture made from 100% pure cocoafruit, Evocao. A slew of such product launches is projected to spur the sales of chocolate couverture in the Europe market.

Market Competition

Some of the leading players in the chocolate couverture market are Barry Callebaut AG, Cocoa Processing Company Ltd., Scharffen Berger, Struben Couverture Chocolate Factory, ICAM, Chocolats Marionnettes, Von Geusau, Lindt, and Valrhona, Max Felchlin AG, Guittard, and others.

Key participant are aiming at launching new products with innovative flavors and expanding their production capacity to gain edge in the highly competitive market.

Report Scope

Report Attribute	Details
Growth Rate	CAGR of 4% to 5% from 2022 to 2032
Base Year for Estimation	2021
Historical Data	2015 to 2020
Forecast Period	2022 to 2032
Quantitative Units	Revenue in USD Million and CAGR from 2022 to 2032
Report Coverage	Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis
Segments Covered	Form, Type, Nature, End Use, Sales Channel, Region
Countries Covered	North America, Latin America, Europe, APEJ, Japan, Middle East and Africa
Key Companies Profiled	Barry Callebaut AG; Cocoa Processing Company Ltd.; Scharffen Berger; Struben Couverture Chocolate Factory; ICAM; Chocolats Marionnettes; Von Geusau; Lindt and Valrhona; Max Felchlin AG; Guittard
Customization	Available Upon Request

Key Segments Profiled in the Chocolate Couverture Market Survey

By Form:

• Buttons/Discs
• Slabs
• Blocks

By Type:

• Dark
• Milk

By Nature:

• Organic
• Conventional

By End Use:

• Industrial/Food and Beverage Processing
• Baked Goods
• Confectioneries
• Ice Cream & Frozen Desserts
• Beverages
• Bakery & Confectionery Shops
• Hotels and Restaurants
• Household

By Sales Channel:

• Direct Sales/ B2B
• Indirect Sales/ B2C
• Intermediate/ Bulk Distributor
• Brick & Mortar Retailers
• Online Retailers

By Region:

• North America
• Latin America
• Europe
• APEJ
• Japan
• Middle East and Africa

Frequently Asked Questions

Whahe sales forecast for chocolate couverture in the global market until 2032?

FMI projects the sales of chocolate couverture in the market is expected to rise at around 4% to 5% value CAGR by 2032.

Which region is forecast to be the most lucrative for chocolate couverture market growth?

The global chocolate couverture market is expected to be dominated by Asia Pacific excluding Japan over the forecast period 2022-2032.

Whih are some leading chocolate couverture manufacturers?

Barry Callebaut AG, Cocoa Processing Company Ltd., Scharffen Berger, Struben Couverture Chocolate Factory, ICAM, Chocolats Marionnettes, Von Geusau, Lindt, and Valrhona, Max Felchlin AG, Guittard are some of the leading players in the prominent chocolate couverture market.