Key Market Indicators
Ghana's chocolate imports fell by 10.8% in 2018, reaching $2.8 million. This is a decrease of $342,100 compared to 2017. Since 2001, imports have decreased by 7.6%. Meanwhile, Ghanaian exports of chocolate rose to $44.1 million in 2018, up 30.5% from 2017. This is an increase of $10.3 million compared to the previous year. Since 2001, exports of chocolate have increased by 40.5%.
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Seasonal Chocolates: Unwrapping Market Trends, Opportunities, and Competitive Landscape Analysis
The Seasonal Chocolate Market has grown significantly in recent years, propelled primarily by increased consumer demand across diverse demographics. Particularly prevalent trends encompass premiumization and personalization, reflecting consumer interest in upscale, individualized products. Another significant trend is packaging innovation, highlighted by a drive to adopt eco-friendly materials in response to...
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Chocolate Industry: Unmasking the Growth Trends and Opportunities Across Variants
In recent years, the chocolate industry has experienced sustained growth, driven by an increasing consumer love for chocolate. The global market is expected to reach a significant market size by 2027, given its current CAGR. The demand is growing in both developed and developing nations, with patterns moving towards high...
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Cocoa Sector: Analyzing Trends, Opportunities, and Forecasts in the Global Marketplace
Global cocoa demand is shaped fundamentally by overall confectionery industry patterns, with chocolate production representing the majority of worldwide cocoa use. Increased chocolate consumption in emerging economies, primarily those in the Asia-Pacific and South America regions, has been a key contributor to rising demand. Additionally, health-conscious consumers in mature markets...
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Confectionery Sector Insights: In-depth Analysis of Global Chocolate Market Trends & Forecasts
The global chocolate market is experiencing a robust growth, fuelled by evolving consumer patterns, heightened disposable incomes, and an expanding middle class in emerging markets. The market reached a valuation of about $130 billion in 2019, driven by culinary innovations and novel marketing strategies. The health benefits of dark chocolate...
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Carob Chocolate Market: Diverse Distribution Channels Drive Industry Growth Potential
Alternative chocolate profiles such as carob-based chocolates are making strides in the market, driven by a wave of consumer demand for healthier, diversified food choices. Its nutritional offerings, which include high amounts of fiber, various essential minerals, zero caffeine content, and low fat and sugar level, make it a preferred...
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