instore - Sept + Oct 2015 - (Page 48)

What's trending in chocolate T here is no doubt that people every where in the world love chocolate. Chocolate is an $83 billion per year business, according to research from MarketsandMarkets. That makes the industry's value larger than the Gross Domestic Product of more than 130 countries, World Bank figures show. In the US, chocolate sales total some $20 billion annually, and by 2017, Statista estimates that chocolate sales in the US will reach $22.4 billion. The average American consumes chocolate two times per week, according to the NPD Group. With such impressive market statistics, it is time to make your bakery the go-to destination for shoppers when their weekly cravings strike. Market Trends According to an IBIS World July 2015 US Market Research Report, the chocolate production industry has benefited over the past five years from the following trends: * Improving disposable incomes * Greater demand for premium, dark, and organic chocolates * Vibrant export markets 48 * SEPT + OCT 205 * instore Shelly Kreml, Director of Marketing for ifiGOURMET, added to the trend list: * Focus on high-percentage and single-origin couvertures (high quality chocolate made with extra cocoa butter) * Desire for sustainable agriculture, including cocoa and chocolate * Growth in the "bean to bar" trend (pastry chefs and bakers making their own chocolate) On the flip side, rising health consciousness and volatile cocoa prices have limited industry growth. But even with these barriers, the industry is booming. Overview: Types of Chocolate The three main types of chocolate are as follows: Dark Chocolate (semi-sweet): Dark chocolate combines chocolate liquor (cocoa bean centers ground to a liquid), cocoa butter, sugar, an emulsifier, and vanilla or other flavorings. Dark chocolates may contain milk fat to soften the texture, but they generally do not have a milky flavor. The US cacao standards require dark chocolate to have at least 35 percent chocolate liquor. Unsweetened chocolate (baking chocolate) is 100 percent chocolate liquor.

Table of Contents for the Digital Edition of instore - Sept + Oct 2015

instore - September + October 2015
Editor's Note - Fresh in Focus
What's Ahead
Table of Contents
News - On Our Radar
Trending - Breads and Rolls
Trending Deli Meat
The Future of Celebrations
Consumer Insights - A New Consumer Group Worth Watching
Diet Trends - Consider Non-GMO
Commissary Insider - Insight Insider: The FreshOne Advantage
Research and Development: Culinary-Inspired Convenience Foods
Sandwich Spotlight: Veg-centric Sandwiches
Assembling Foods: Safety First
Feature Profile: Dunford Bakers
Shopper Demographics - How They Shop
Equipment Solutions - The Case for Hot Foods
Valentine's Day - Ready Your Heart
Flavor Trends - What's Trending in Chocolate
Product Spotlight - Rising Trends
Specialty Cheese - Communal Cheese
Product Trends
Product Showcase/Ad Index

instore - Sept + Oct 2015

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