Market Share of North America Compound Chocolate Industry
The North American compound chocolate market is currently dominated by a few major players. These include Cargill, Puratos, Clasen Quality Chocolate, Santa Barbara Chocolate, The Barry Callebaut Group, and Aalast Chocolate. The market is relatively consolidated, with the largest shares being held by the Barry Callebaut Group and Cargill Inc.
These companies are primarily focusing on expanding their businesses and launching new products as major growth strategies. To remain competitive in the market, international companies are also entering into mergers and acquisitions. For example, Fuji Oil Holdings acquired Blommer Chocolate Company, one of the major players in the market. This acquisition has provided Fuji Holdings with a large customer base that they can further expand.
North America Compound Chocolate Market Leaders
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Barry Callebaut Group
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Cargill, Incorporate
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Puratos NV
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Clasen Quality Chocolate
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Santa Barbara Chocolate
*Disclaimer: Major Players sorted in no particular order