As compared to Dark Chocolate, Milk Chocolate is so much creamy, lighter colour, smoothening texture, and melts easily in your mouth. Nowadays, global chocolate manufacturers have changed introducing different types of delicious milk chocolates by mixing them with other food products such as cookies, caramel, orange, and nuts.
Global milk chocolate market value reached US$ 7784.41 million in 2020 and is expected to rise to new levels at a CAGR of 4.6% in the next five years. Milk Chocolate is being one of the most profitable products made from a combination of chocolate liquor, sugar, milk powder, and condensed milk.
The consumption of delicious milk chocolate helps to work in boosting memory, hydrating your skin, preventing the risk of heart strokes, and helping the immune system. Milk chocolate contains approximately the same number of calories but twice the sugar, as compared to dark chocolate. But dark chocolate is regarded as healthier than other types of chocolates to which milk and larger amounts of sugar are added.
Milk Chocolate| Heath Benefits of Milk Chocolate
- Shows slower signs of aging
- Prevent cold
- Stops tooth decay
- Low blood pressure
- Reduce stress
- Make your beautiful
- Improves your hair growth
- Prevents anemia
- Can help for weight loss
- It contains antioxidants
- It provides a range of micronutrients
- You can add a lot of added sugar
- It’s very high in calories
- You cannot find as much cocoa
In addition, the demand for milk chocolate is rapidly increasing for the formulation of the wide selection of confectionery products and beverages including chocolate milkshakes, cakes, hot chocolate, and croissants, contributing to the growth of the global chocolate market. Availability of all these variants has given huge popularity to the overall consumption of mouth-watering milk chocolate.
Milk Chocolate Market Key Segments:
- Liqueur Milk Chocolate
- Nuts Milk Chocolate
By Milk Chocolate Form
- Chocolate Bar
- Chocolate Coated Nuts
- Chocolate Chips
- Other Forms
Global Milk Chocolate Market (By Type)
- Organic Milk Chocolate
- Conventional Milk Chocolate
- Inorganic white chocolate market
As per the new report, the confectionery market size stood at USD 114.33 billion in 2019 and is projected to reach USD136.42 billion by 2027, exhibiting a CAGR of 2.3% during the forecast period between 2020 to 2027.
BakeMate (Chocolate Manufacturers) is one of the key players in the global chocolate market, continues to thrive in 2021 as the largest chocolate manufacturer in Asia, experiencing a huge increase in their chocolate sales. The Milk Chocolate market is expected to increase at a considerable rate during the forecast period from 2019 and 2024.