28-Oct-2021 | Zion Market Research
Major companies in Construction Sealant Market Are Nestle, Mars, Pepsico, Mondelez, kanegrade, Hershey’s, among others. These players are set to bolster the development of global U.S. Chocolate Beverage Powder Market.
According to analysts at Zion Market Research, the global U.S. Chocolate Beverage Powder Market accounted for USD 1,396 Million in 2020 and is expected to reach USD 1,959 Million by 2028, growing at a CAGR of 4.2% from 2021 to 2028.
This review is based on a report by Zion Market Research, titled “U.S. Chocolate Beverage Powder Market By Type (Milk Chocolate Powder, Dark Chocolate Powder, White Chocolate Powder), By Packaging Format (Metal Containers, Plastic Containers, Cartons, Pouches, Others), By Distribution Channel (Hypermarkets/Supermarkets, Food and Drug mass, Clubs, E-Commerce, Specialty, Global Travel Retail), and By Packaging Size (Up to 500 Grams, 501–1,000 Grams, 1,000–1,500 Grams, More than 1,500 Grams): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028.”
Easy Availability, increased demand for healthy beverages to Spur Growth
Unhealthy beverages, such as soda and fruit drinks are perceived by millennials as "outdated". Millennials have started avoiding purchasing these products, which has led to an increase in demand for healthier options. Currently, health-related claims are the second most common type of claim on beverage labels behind "natural".
Hydration is another reason why healthy beverage demand is increasing exponentially. Hydration is important for everyone because low hydration can lead to fatigue and other health problems. There is an important distinction between functional beverages and soft drinks. Functional beverages, such as flavored milks provide hydration, but also provide added nutrients. This makes them completely different than soft drinks, which only act as a beverage to quench thirst.
The chocolate sector has seen tremendous growth in the US since 2000, primarily due to increased demand for premium chocolate beverages. The number of chocolate specialty stores in America is steadily growing despite the current economic climate, and many coffeehouses have introduced their own versions of hot cocoa. Some, like Starbucks, have even started selling prepackaged versions of their drinks in grocery stores nationwide. Supermarkets have responded by adding more variety to their shelves. With all this competition between brands, there is no doubt that American consumers will soon be familiar with a wide range of different chocolate beverage options available on the market whether it's hot cocoa or cold chocolate milk.
Browse the full “U.S. Chocolate Beverage Powder Market By Type (Milk Chocolate Powder, Dark Chocolate Powder, White Chocolate Powder), By Packaging Format (Metal Containers, Plastic Containers, Cartons, Pouches, Others), By Distribution Channel (Hypermarkets/Supermarkets, Food and Drug mass, Clubs, E-Commerce, Specialty, Global Travel Retail), and By Packaging Size (Up to 500 Grams, 501–1,000 Grams, 1,000–1,500 Grams, More than 1,500 Grams):U.S. Industry Perspective, Comprehensive Analysis and Forecast, 2021 – 2028.” Report at https://www.zionmarketresearch.com/report/us-chocolate-beverage-powder-market
The U.S. Chocolate Beverage Powder Market is segmented as follows:
By Packaging Format
By Distribution Channel
By Packaging Size
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