The 2023-2028 World Outlook for Chocolate and Confectionary Specialty Fats and Oils

The 2023-2028 World Outlook for Chocolate and Confectionary Specialty Fats and Oils

This study covers the world outlook for chocolate and confectionary specialty fats and oils across more than 190 countries. For each year reported, estimates are given for the latent demand, or potential industry earnings (P.I.E.), for the country in question (in millions of U.S. dollars), the percent share the country is of the region, and of the globe. These comparative benchmarks allow the reader to quickly gauge a country vis-à-vis others. Using econometric models which project fundamental economic dynamics within each country and across countries, latent demand estimates are created. This report does not discuss the specific players in the market serving the latent demand, nor specific details at the product level. The study also does not consider short-term cyclicalities that might affect realized sales. The study, therefore, is strategic in nature, taking an aggregate and long-run view, irrespective of the players or products involved.

This study covers chocolate and confectionary specialty fats and oils as defined by the North American Industrial Classification system or NAICS (pronounced nakes).

The NAICS code for chocolate and confectionary specialty fats and oils is 3251204. It is for this definition that aggregate latent demand estimates are derived. Chocolate and confectionary specialty fats and oils is specifically defined as follows:

3251204 Carbon dioxide

32512040 Carbon dioxide

32512041 Carbon dioxide

3251204000 Carbon dioxide

3251204011 Carbon dioxide, gas, including amounts produced and liquefied

3251204021 Carbon dioxide, liquid, including amounts produced and used to make dry ice

3251204031 Carbon dioxide, solid (dry ice)

3251204100 Carbon dioxide

3251204111 Carbon dioxide, gas (including amounts produced and liquefied)

3251204121 Carbon dioxide, liquid (including amounts produced and used to make dry ice)