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Report Overview

The Africa compound chocolate market size is projected to grow at a CAGR of 6.90% between 2025 and 2034. The major drivers of the market include rising disposable incomes and expansion of the frozen desserts sector.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

Compound Annual Growth Rate

Value in USD Million

6.9%

2025-2034


Africa Compound Chocolate Market Outlook

*this image is indicative*

Key Trends in the Market

Compound chocolate is derived from the combination of sugar, milk, vegetable fats such as coconut oil, kernel oil, and soy, and emulsifiers, with cacao bean as its main ingredient. It is commonly referred to as baker’s chocolate, non-temper coating, confectionary coating, and coating chocolate.

  • Changing lifestyle and altering eating habits of children are boosting the Africa compound chocolate market growth. Increased consumption of cereals is fuelling the requirement for compound chocolate as various manufacturers are introducing chocolate flavours in order to appeal to young children.
  • Increasing consumption of compound chocolate among consumers in Africa owing to rising disposable incomes and changing eating patterns, along with the rising applications of compound chocolate in various food products including cookies, pastries, and cakes in the form of coatings, chunks, and drizzles is aiding the market growth.
  • Growing health consciousness among consumers is positively the expansion of the compound chocolate market in Africa. Introduction of healthy chocolate alternatives such as low sugar or sugar free compound chocolates is broadening the consumer base of the product in Africa.

Africa Compound Chocolate Market Segmentation

The EMR’s report titled “Africa Compound Chocolate Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:

Market Africa Compound Chocolate

  • Dark Chocolate
  • White Chocolate
  • Milk Chocolate

Market Breakup by Form

  • Chocolate Chips/Drops/Chunk
  • Chocolate Coatings
  • Chocolate Slab
  • Other

Market Breakup by Application

  • Bakery
  • Confectionary
  • Frozen Desserts and Ice-Cream
  • Beverages
  • Cereals
  • Others

Market Breakup by Region

  • South Africa
  • Egypt
  • Nigeria
  • Algeria
  • Others

Market Share by Application

Bakeries are anticipated to account for a significant Africa compound chocolate market share owing to the rising applications of compound chocolate in the baking industry. Compounds chocolates are widely used in baked products such as cakes, cookies, and pastries either as a core ingredient or for decorative purposes. The utilisation of compound chocolates for coating on baked products boosts the aesthetic appeal of the item while having no detrimental effects on the shelf life of the product.

Market Share by Type

Milk chocolates are expected to hold a significant share of the market owing to the growing popularity of milk chocolates in Africa. The sweet and creamy flavour of the milk compound chocolate due to the presence of cocoa solid, sugar, cocoa butter, and milk powder is increasing its demand. The smooth texture makes it suitable for various applications such as baking and for preparation of frozen desserts, fuelling the Africa compound chocolate market demand.

Competitive Landscape

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.

Puratos Group

Puratos Group was founded in 1919 and is headquartered in Brussels, Belgium. The company offers a range of innovative food ingredients and services for chocolate, bakery, and patisserie sectors around the globe.

Cargill, Incorporated

Cargill, Incorporated is private food company that was founded in 1865 and is headquartered in Minnesota, United States. The company is known for processing poultry, value added egg and meat, and beef products to the food service companies.

Ferrero International SA

Ferrero International SA was established in 1946 and has its headquarters located in Alba, Italy. The multinational company manufactures branded confectionary and chocolate products and sells them to their consumers across the globe.

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*

Other market players include The Bühler Holding AG, MondelÄ“z International, Inc., Fuji Oil Holdings Inc., Meiji Group, Lindt & Sprungli AG, Cocoa Processing Company Limited, and Cémoi Group, among others.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market is projected to grow at a CAGR of 6.90% between 2025 and 2034.

The major market drivers include rising disposable incomes and expansion of the frozen desserts sector.

The key trends fuelling the growth of the market include rising health consciousness and increasing utilisation in baked products.

The applications of compound chocolates include bakery, confectionary, frozen desserts and ice-cream, beverages, and cereals, among others.

The major countries in the market are South Africa, Egypt, Nigeria, and Algeria, among others.

The significant types of compound chocolates available in the market are dark chocolate, white chocolate, and milk chocolate.

The various forms of compound chocolates include chocolate chips/drops/chunk, chocolate coatings, and chocolate slab, among others.

The key players in the market are Puratos Group, Cargill, Incorporated, Ferrero International SA, The Buhler Holding AG, Mondelez International, Inc., Fuji Oil Holdings Inc., Meiji Group, Lindt & Sprungli AG, Cocoa Processing Company Limited, and Cémoi Group, among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Form
  • Application
  • Region
Breakup by Type
  • Dark Chocolate
  • White Chocolate
  • Milk Chocolate
Breakup by Form
  • Chocolate Chips/Drops/Chunk
  • Chocolate Coatings
  • Chocolate Slab
  • Other
Breakup by Application
  • Bakery
  • Confectionary
  • Frozen Desserts and Ice-Cream
  • Beverages
  • Cereals
  • Others
Breakup by Region
  • South Africa
  • Egypt
  • Nigeria
  • Algeria
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Puratos Group
  • Cargill, Incorporated
  • Ferrero International SA
  • The Bühler Holding AG
  • MondelÄ“z International, Inc.
  • Fuji Oil Holdings Inc.
  • Meiji Group
  • Lindt & Sprungli AG
  • Cocoa Processing Company Limited
  • Cémoi Group
  • Others

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