LONDON–(BUSINESS WIRE)–Sep 21, 2020–
Technavio has been monitoring the spirulina chocolates market and it is poised to grow by USD 151.32 mn during 2020-2024, progressing at a CAGR of over 9% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Technavio has announced its latest market research report titled Global Spirulina Chocolates Market 2020-2024 (Graphic: Business Wire)
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Akal Food, Bio Benjamin Chocolate Factory, Doisy & Dam Ltd., Giddy Yoyo Inc., Karmasukom Energy LLP, Landish Foods, Meraviglie Srlestle SA, The Algae Factory BV, and Vosges Haut-Chocolat Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Health benefits associated with spirulina products has been instrumental in driving the growth of the market.
Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.Download a Free Sample Report on COVID-19 Impacts
Spirulina Chocolates Market 2020-2024: Segmentation
Spirulina Chocolates Market is segmented as below:
- Distribution channel
- Offline Distribution
- Online Distribution
- Geographic Landscape
- North America
- South America
Spirulina Chocolates Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The spirulina chocolates market report covers the following areas:
- Spirulina Chocolates Market Size
- Spirulina Chocolates Market Trends
- Spirulina Chocolates Market Industry Analysis
This study identifies government support in promoting the production of spirulina as one of the prime reasons driving the spirulina chocolates market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Spirulina Chocolates Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist spirulina chocolates market growth during the next five years
- Estimation of the spirulina chocolates market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the spirulina chocolates market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of spirulina chocolates market, vendors
- Market ecosystem
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 – 2024
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Distribution channel
- Market segments
- Comparison by Distribution channel
- Offline distribution – Market size and forecast 2019-2024
- Online distribution – Market size and forecast 2019-2024
- Market opportunity by Distribution channel
- Geographic segmentation
- Geographic comparison
- Europe – Market size and forecast 2019-2024
- North America – Market size and forecast 2019-2024
- APAC – Market size and forecast 2019-2024
- South America – Market size and forecast 2019-2024
- MEA – Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Drivers, Challenges, and Trends
- Market drivers
- Market challenges
- Market trends
- Landscape disruption
- Vendors covered
- Market positioning of vendors
- Akal Food
- Bio Benjamin Chocolate Factory
- Doisy & Dam Ltd.
- Giddy Yoyo Inc.
- Karmasukom Energy LLP
- Landish Foods
- Meraviglie Srl
- Nestle SA
- The Algae Factory BV
- Vosges Haut-Chocolat Ltd.
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE: Technavio Research
Copyright Business Wire 2020.
PUB: 09/21/2020 10:45 AM/DISC: 09/21/2020 10:45 AM
Copyright Business Wire 2020.