Table of Contents Executive Summary 1 Chocolate Liquor Market Overview 1.1 Product Overview and Scope of Chocolate Liquor 1.2 Chocolate Liquor Segment by Type 1.2.1 Global Chocolate Liquor Production Growth Rate Comparison by Type (2014-2025) 1.2.2 White Chocolate Liqueur 1.2.3 Black Chocolate Liqueur 1.3 Chocolate Liquor Segment by Application 1.3.1 Chocolate Liquor Consumption Comparison by Application (2014-2025) 1.3.2 Chocolate Bars 1.3.3 Flavoring Ingredient 1.4 Global Chocolate Liquor Market by Region 1.4.1 Global Chocolate Liquor Market Size Region 1.4.2 North America Status and Prospect (2014-2025) 1.4.3 Europe Status and Prospect (2014-2025) 1.4.4 China Status and Prospect (2014-2025) 1.4.5 Japan Status and Prospect (2014-2025) 1.5 Global Chocolate Liquor Market Size 1.5.1 Global Chocolate Liquor Revenue (2014-2025) 1.5.2 Global Chocolate Liquor Production (2014-2025) 2 Global Chocolate Liquor Market Competition by Manufacturers 2.1 Global Chocolate Liquor Production Market Share by Manufacturers (2014-2019) 2.2 Global Chocolate Liquor Revenue Share by Manufacturers (2014-2019) 2.3 Global Chocolate Liquor Average Price by Manufacturers (2014-2019) 2.4 Manufacturers Chocolate Liquor Production Sites, Area Served, Product Types 2.5 Chocolate Liquor Market Competitive Situation and Trends 2.5.1 Chocolate Liquor Market Concentration Rate 2.5.2 Chocolate Liquor Market Share of Top 3 and Top 5 Manufacturers 2.5.3 Mergers & Acquisitions, Expansion 3 Global Chocolate Liquor Production Market Share by Regions 3.1 Global Chocolate Liquor Production Market Share by Regions 3.2 Global Chocolate Liquor Revenue Market Share by Regions (2014-2019) 3.3 Global Chocolate Liquor Production, Revenue, Price and Gross Margin (2014-2019) 3.4 North America Chocolate Liquor Production 3.4.1 North America Chocolate Liquor Production Growth Rate (2014-2019) 3.4.2 North America Chocolate Liquor Production, Revenue, Price and Gross Margin (2014-2019) 3.5 Europe Chocolate Liquor Production 3.5.1 Europe Chocolate Liquor Production Growth Rate (2014-2019) 3.5.2 Europe Chocolate Liquor Production, Revenue, Price and Gross Margin (2014-2019) 3.6 China Chocolate Liquor Production 3.6.1 China Chocolate Liquor Production Growth Rate (2014-2019) 3.6.2 China Chocolate Liquor Production, Revenue, Price and Gross Margin (2014-2019) 3.7 Japan Chocolate Liquor Production 3.7.1 Japan Chocolate Liquor Production Growth Rate (2014-2019) 3.7.2 Japan Chocolate Liquor Production, Revenue, Price and Gross Margin (2014-2019) 4 Global Chocolate Liquor Consumption by Regions 4.1 Global Chocolate Liquor Consumption by Regions 4.2 North America Chocolate Liquor Consumption (2014-2019) 4.3 Europe Chocolate Liquor Consumption (2014-2019) 4.4 China Chocolate Liquor Consumption (2014-2019) 4.5 Japan Chocolate Liquor Consumption (2014-2019) 5 Global Chocolate Liquor Production, Revenue, Price Trend by Type 5.1 Global Chocolate Liquor Production Market Share by Type (2014-2019) 5.2 Global Chocolate Liquor Revenue Market Share by Type (2014-2019) 5.3 Global Chocolate Liquor Price by Type (2014-2019) 5.4 Global Chocolate Liquor Production Growth by Type (2014-2019) 6 Global Chocolate Liquor Market Analysis by Applications 6.1 Global Chocolate Liquor Consumption Market Share by Application (2014-2019) 6.2 Global Chocolate Liquor Consumption Growth Rate by Application (2014-2019) 7 Company Profiles and Key Figures in Chocolate Liquor Business 7.1 Barry Callebaut 7.1.1 Barry Callebaut Chocolate Liquor Production Sites and Area Served 7.1.2 Chocolate Liquor Product Introduction, Application and Specification 7.1.3 Barry Callebaut Chocolate Liquor Production, Revenue, Price and Gross Margin (2014-2019) 7.1.4 Main Business and Markets Served 7.2 Cargill 7.2.1 Cargill Chocolate Liquor Production Sites and Area Served 7.2.2 Chocolate Liquor Product Introduction, Application and Specification 7.2.3 Cargill Chocolate Liquor Production, Revenue, Price and Gross Margin (2014-2019) 7.2.4 Main Business and Markets Served 7.3 Nestle SA 7.3.1 Nestle SA Chocolate Liquor Production Sites and Area Served 7.3.2 Chocolate Liquor Product Introduction, Application and Specification 7.3.3 Nestle SA Chocolate Liquor Production, Revenue, Price and Gross Margin (2014-2019) 7.3.4 Main Business and Markets Served 7.4 Mars 7.4.1 Mars Chocolate Liquor Production Sites and Area Served 7.4.2 Chocolate Liquor Product Introduction, Application and Specification 7.4.3 Mars Chocolate Liquor Production, Revenue, Price and Gross Margin (2014-2019) 7.4.4 Main Business and Markets Served 7.5 Hershey 7.5.1 Hershey Chocolate Liquor Production Sites and Area Served 7.5.2 Chocolate Liquor Product Introduction, Application and Specification 7.5.3 Hershey Chocolate Liquor Production, Revenue, Price and Gross Margin (2014-2019) 7.5.4 Main Business and Markets Served 7.6 Blommer Chocolate Company 7.6.1 Blommer Chocolate Company Chocolate Liquor Production Sites and Area Served 7.6.2 Chocolate Liquor Product Introduction, Application and Specification 7.6.3 Blommer Chocolate Company Chocolate Liquor Production, Revenue, Price and Gross Margin (2014-2019) 7.6.4 Main Business and Markets Served 7.7 FUJI OIL 7.7.1 FUJI OIL Chocolate Liquor Production Sites and Area Served 7.7.2 Chocolate Liquor Product Introduction, Application and Specification 7.7.3 FUJI OIL Chocolate Liquor Production, Revenue, Price and Gross Margin (2014-2019) 7.4.4 Main Business and Markets Served 7.8 Puratos 7.8.1 Puratos Chocolate Liquor Production Sites and Area Served 7.8.2 Chocolate Liquor Product Introduction, Application and Specification 7.8.3 Puratos Chocolate Liquor Production, Revenue, Price and Gross Margin (2014-2019) 7.8.4 Main Business and Markets Served 7.9 Cémoi 7.9.1 Cémoi Chocolate Liquor Production Sites and Area Served 7.9.2 Chocolate Liquor Product Introduction, Application and Specification 7.9.3 Cémoi Chocolate Liquor Production, Revenue, Price and Gross Margin (2014-2019) 7.9.4 Main Business and Markets Served 7.10 Irca 7.10.1 Irca Chocolate Liquor Production Sites and Area Served 7.10.2 Chocolate Liquor Product Introduction, Application and Specification 7.10.3 Irca Chocolate Liquor Production, Revenue, Price and Gross Margin (2014-2019) 7.10.4 Main Business and Markets Served 7.11 Foley’s Candies LP 7.12 Olam 7.13 Kerry Group 7.14 Guittard 7.15 Ferrero 7.16 Ghirardelli 7.17 Alpezzi Chocolate 7.18 Valrhona 7.19 Republica Del Cacao 7.20 TCHO 8 Chocolate Liquor Manufacturing Cost Analysis 8.1 Chocolate Liquor Key Raw Materials Analysis 8.1.1 Key Raw Materials 8.1.2 Price Trend of Key Raw Materials 8.1.3 Key Suppliers of Raw Materials 8.2 Proportion of Manufacturing Cost Structure 8.3 Manufacturing Process Analysis of Chocolate Liquor 8.4 Chocolate Liquor Industrial Chain Analysis 9 Marketing Channel, Distributors and Customers 9.1 Marketing Channel 9.1.1 Direct Marketing 9.1.2 Indirect Marketing 9.2 Chocolate Liquor Distributors List 9.3 Chocolate Liquor Customers 10 Market Dynamics 10.1 Market Trends 10.2 Opportunities 10.3 Market Drivers 10.4 Challenges 10.5 Influence Factors 11 Global Chocolate Liquor Market Forecast 11.1 Global Chocolate Liquor Production, Revenue Forecast 11.1.1 Global Chocolate Liquor Production Growth Rate Forecast (2019-2025) 11.1.2 Global Chocolate Liquor Revenue and Growth Rate Forecast (2019-2025) 11.1.3 Global Chocolate Liquor Price and Trend Forecast (2019-2025) 11.2 Global Chocolate Liquor Production Forecast by Regions (2019-2025) 11.2.1 North America Chocolate Liquor Production, Revenue Forecast (2019-2025) 11.2.2 Europe Chocolate Liquor Production, Revenue Forecast (2019-2025) 11.2.3 China Chocolate Liquor Production, Revenue Forecast (2019-2025) 11.2.4 Japan Chocolate Liquor Production, Revenue Forecast (2019-2025) 11.3 Global Chocolate Liquor Consumption Forecast by Regions (2019-2025) 11.3.1 North America Chocolate Liquor Consumption Forecast (2019-2025) 11.3.2 Europe Chocolate Liquor Consumption Forecast (2019-2025) 11.3.3 China Chocolate Liquor Consumption Forecast (2019-2025) 11.3.4 Japan Chocolate Liquor Consumption Forecast (2019-2025) 11.4 Global Chocolate Liquor Production, Revenue and Price Forecast by Type (2019-2025) 11.5 Global Chocolate Liquor Consumption Forecast by Application (2019-2025) 12 Research Findings and Conclusion 13 Methodology and Data Source 13.1 Methodology/Research Approach 13.1.1 Research Programs/Design 13.1.2 Market Size Estimation 13.1.3 Market Breakdown and Data Triangulation 13.2 Data Source 13.2.1 Secondary Sources 13.2.2 Primary Sources 13.3 Author List 13.4 Disclaimer

List of Tables and Figures Figure Picture of Chocolate Liquor Table Global Chocolate Liquor Production (K MT) Growth Rate Comparison by Types (2014-2025) Figure Global Chocolate Liquor Production Market Share by Types in 2018 Figure White Chocolate Liqueur Product Picture Table White Chocolate Liqueur Major Manufacturers Figure Black Chocolate Liqueur Product Picture Table Black Chocolate Liqueur Major Manufacturers Table Global Chocolate Liquor Consumption (K MT) Comparison by Applications (2014-2025) Figure Global Chocolate Liquor Consumption Market Share by Applications in 2018 Figure Chocolate Bars Figure Flavoring Ingredient Table Chocolate Liquor Market Size (Million US$) Comparison by Regions (2014-2025) Figure North America Chocolate Liquor Revenue (Million USD) and Growth Rate (2014-2025) Figure Europe Chocolate Liquor Revenue (Million USD) and Growth Rate (2014-2025) Figure China Chocolate Liquor Revenue (Million USD) and Growth Rate (2014-2025) Figure Japan Chocolate Liquor Revenue (Million USD) and Growth Rate (2014-2025) Figure Global Chocolate Liquor Revenue (Million USD) (2014-2025) Figure Global Chocolate Liquor Production (K MT) (2014-2025) Table Global Chocolate Liquor Production (K MT) of Key Manufacturers (2014-2019) Table Global Chocolate Liquor Production Share by Manufacturers (2014-2019) Figure Chocolate Liquor Production Share by Manufacturers in 2018 Table Global Chocolate Liquor Revenue (Million USD) by Manufacturers (2014-2019) Table Global Chocolate Liquor Revenue Share by Manufacturers (2014-2019) Figure Global Chocolate Liquor Revenue Share by Manufacturers in 2018 Table Global Market Chocolate Liquor Average Price (USD/MT) of Key Manufacturers (2014-2019) Figure Global Market Chocolate Liquor Average Price (USD/MT) of Key Manufacturers in 2018 Table Manufacturers Chocolate Liquor Production Sites and Area Served Table Manufacturers Chocolate Liquor Product Types Figure Chocolate Liquor Market Share of Top 5 Manufacturers Figure Chocolate Liquor Market Share of Top 10 Manufacturers Table Global Chocolate Liquor Production (K MT) by Region (2014-2019) Table Global Chocolate Liquor Production Market Share by Region (2014-2019) Figure Global Chocolate Liquor Production Market Share by Region (2014-2019) Figure Global Chocolate Liquor Production Market Share by Region in 2018 Table Global Chocolate Liquor Revenue (Million USD) by Region (2014-2019) Table Global Chocolate Liquor Revenue Market Share by Region (2014-2019) Figure Global Chocolate Liquor Revenue Market Share by Region (2014-2019) Figure Global Chocolate Liquor Revenue Market Share by Region in 2018 Figure Global Chocolate Liquor Production (K MT) Growth Rate (2014-2019) Table Global Chocolate Liquor Production (K MT), Revenue (Million US$), Price (USD/MT) and Gross Margin (2014-2019) Figure North America Chocolate Liquor Production (K MT) Growth Rate (2014-2019) Table North America Chocolate Liquor Production (K MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2014-2019) Figure Europe Chocolate Liquor Production (K MT) Growth Rate (2014-2019) Table Europe Chocolate Liquor Production (K MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2014-2019) Figure China Chocolate Liquor Production (K MT) Growth Rate (2014-2019) Table China Chocolate Liquor Production (K MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2014-2019) Figure Japan Chocolate Liquor Production (K MT) Growth Rate (2014-2019) Table Japan Chocolate Liquor Production (K MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2014-2019) Table Global Chocolate Liquor Consumption (K MT) Market by Region (2014-2019) Table Global Chocolate Liquor Consumption Market Share by Region (2014-2019) Figure Global Chocolate Liquor Consumption Market Share by Region (2014-2019) Figure Global Chocolate Liquor Consumption Market Share by Region in 2018 Figure North America Chocolate Liquor Consumption Growth Rate (2014-2019) (K MT) Figure Europe Chocolate Liquor Consumption Growth Rate (2014-2019) (K MT) Figure China Chocolate Liquor Consumption Growth Rate (2014-2019) (K MT) Figure Japan Chocolate Liquor Consumption Growth Rate (2014-2019) (K MT) Table Global Chocolate Liquor Production (K MT) by Type (2014-2019) Table Global Chocolate Liquor Production Share by Type (2014-2019) Figure Production Market Share of Chocolate Liquor by Type (2014-2019) Figure Production Market Share of Chocolate Liquor by Type in 2018 Table Global Chocolate Liquor Revenue (Million USD) by Type (2014-2019) Table Global Chocolate Liquor Revenue Share by Type (2014-2019) Figure Revenue Share of Chocolate Liquor by Type (2014-2019) Figure Revenue Market Share of Chocolate Liquor by Type in 2018 Table Global Chocolate Liquor Price (USD/MT) by Type (2014-2019) Figure Global Chocolate Liquor Production Growth by Type (2014-2019) (K MT) Table Global Chocolate Liquor Consumption (K MT) by Application (2014-2019) Table Global Chocolate Liquor Consumption Market Share by Application (2014-2019) Figure Global Chocolate Liquor Consumption Market Share by Applications (2014-2019) Figure Global Chocolate Liquor Consumption Market Share by Application in 2018 Table Global Chocolate Liquor Consumption Growth Rate by Application (2014-2019) Figure Global Chocolate Liquor Consumption Growth Rate by Application (2014-2019) Table Barry Callebaut Chocolate Liquor Production Sites and Area Served Table Barry Callebaut Product Introduction, Application and Specification Table Barry Callebaut Chocolate Liquor Production (K MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2014-2019) Figure Barry Callebaut Chocolate Liquor Production Growth Rate (2014-2019) Figure Barry Callebaut Chocolate Liquor Production Market Share (2014-2019) Figure Barry Callebaut Chocolate Liquor Revenue Market Share (2014-2019) Table Barry Callebaut Main Business and Markets Served Table Cargill Chocolate Liquor Production Sites and Area Served Table Cargill Product Introduction, Application and Specification Table Cargill Chocolate Liquor Production (K MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2014-2019) Figure Cargill Chocolate Liquor Production Growth Rate (2014-2019) Figure Cargill Chocolate Liquor Production Market Share (2014-2019) Figure Cargill Chocolate Liquor Revenue Market Share (2014-2019) Table Cargill Main Business and Markets Served Table Nestle SA Chocolate Liquor Production Sites and Area Served Table Nestle SA Product Introduction, Application and Specification Table Nestle SA Chocolate Liquor Production (K MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2014-2019) Figure Nestle SA Chocolate Liquor Production Growth Rate (2014-2019) Figure Nestle SA Chocolate Liquor Production Market Share (2014-2019) Figure Nestle SA Chocolate Liquor Revenue Market Share (2014-2019) Table Nestle SA Main Business and Markets Served Table Mars Chocolate Liquor Production Sites and Area Served Table Mars Product Introduction, Application and Specification Table Mars Chocolate Liquor Production (K MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2014-2019) Figure Mars Chocolate Liquor Production Growth Rate (2014-2019) Figure Mars Chocolate Liquor Production Market Share (2014-2019) Figure Mars Chocolate Liquor Revenue Market Share (2014-2019) Table Mars Main Business and Markets Served Table Hershey Chocolate Liquor Production Sites and Area Served Table Hershey Product Introduction, Application and Specification Table Hershey Chocolate Liquor Production (K MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2014-2019) Figure Hershey Chocolate Liquor Production Growth Rate (2014-2019) Figure Hershey Chocolate Liquor Production Market Share (2014-2019) Figure Hershey Chocolate Liquor Revenue Market Share (2014-2019) Table Hershey Main Business and Markets Served Table Blommer Chocolate Company Chocolate Liquor Production Sites and Area Served Table Blommer Chocolate Company Product Introduction, Application and Specification Table Blommer Chocolate Company Chocolate Liquor Production (K MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2014-2019) Figure Blommer Chocolate Company Chocolate Liquor Production Growth Rate (2014-2019) Figure Blommer Chocolate Company Chocolate Liquor Production Market Share (2014-2019) Figure Blommer Chocolate Company Chocolate Liquor Revenue Market Share (2014-2019) Table Blommer Chocolate Company Main Business and Markets Served Table FUJI OIL Chocolate Liquor Production Sites and Area Served Table FUJI OIL Product Introduction, Application and Specification Table FUJI OIL Chocolate Liquor Production (K MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2014-2019) Figure FUJI OIL Chocolate Liquor Production Growth Rate (2014-2019) Figure FUJI OIL Chocolate Liquor Production Market Share (2014-2019) Figure FUJI OIL Chocolate Liquor Revenue Market Share (2014-2019) Table FUJI OIL Main Business and Markets Served Table Puratos Chocolate Liquor Production Sites and Area Served Table Puratos Product Introduction, Application and Specification Table Puratos Chocolate Liquor Production (K MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2014-2019) Figure Puratos Chocolate Liquor Production Growth Rate (2014-2019) Figure Puratos Chocolate Liquor Production Market Share (2014-2019) Figure Puratos Chocolate Liquor Revenue Market Share (2014-2019) Table Puratos Main Business and Markets Served Table Cémoi Chocolate Liquor Production Sites and Area Served Table Cémoi Product Introduction, Application and Specification Table Cémoi Chocolate Liquor Production (K MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2014-2019) Figure Cémoi Chocolate Liquor Production Growth Rate (2014-2019) Figure Cémoi Chocolate Liquor Production Market Share (2014-2019) Figure Cémoi Chocolate Liquor Revenue Market Share (2014-2019) Table Cémoi Main Business and Markets Served Table Irca Chocolate Liquor Production Sites and Area Served Table Irca Product Introduction, Application and Specification Table Irca Chocolate Liquor Production (K MT), Revenue (Million USD), Price (USD/MT) and Gross Margin (2014-2019) Figure Irca Chocolate Liquor Production Growth Rate (2014-2019) Figure Irca Chocolate Liquor Production Market Share (2014-2019) Figure Irca Chocolate Liquor Revenue Market Share (2014-2019) Table Irca Main Business and Markets Served Table Production Base and Market Concentration Rate of Raw Material Figure Price Trend of Key Raw Materials Table Key Suppliers of Raw Materials Figure Manufacturing Cost Structure of Chocolate Liquor Figure Manufacturing Process Analysis of Chocolate Liquor Figure Chocolate Liquor Industrial Chain Analysis Table Chocolate Liquor Distributors List Table Chocolate Liquor Customers List Table Market Key Trends Table Key Opportunities Table Market Key Drivers Table Key Challenges Table Key Influence Factors Figure Global Chocolate Liquor Production (K MT) and Growth Rate Forecast (2019-2025) Figure Global Chocolate Liquor Revenue (Million USD) and Growth Rate Forecast (2019-2025) Figure Global Chocolate Liquor Price and Trend Forecast (2019-2025) Table Global Chocolate Liquor Production (K MT) Forecast by Region (2019-2025) Figure Global Chocolate Liquor Production Market Share Forecast by Region (2019-2025) Figure North America Chocolate Liquor Production (K MT) and Growth Rate Forecast (2019-2025) Figure North America Chocolate Liquor Revenue (Million USD) and Growth Rate Forecast (2019-2025) Figure Europe Chocolate Liquor Production (K MT) and Growth Rate Forecast (2019-2025) Figure Europe Chocolate Liquor Revenue (Million USD) and Growth Rate Forecast (2019-2025) Figure China Chocolate Liquor Production (K MT) and Growth Rate Forecast (2019-2025) Figure China Chocolate Liquor Revenue (Million USD) and Growth Rate Forecast (2019-2025) Figure Japan Chocolate Liquor Production (K MT) and Growth Rate Forecast (2019-2025) Figure Japan Chocolate Liquor Revenue (Million USD) and Growth Rate Forecast (2019-2025) Table Global Chocolate Liquor Consumption (K MT) Forecast by Regions (2019-2025) Figure Global Chocolate Liquor Consumption Market Share Forecast by Regions (2019-2025) Figure North America Chocolate Liquor Consumption (K MT) Growth Rate Forecast (2019-2025) Figure Europe Chocolate Liquor Consumption (K MT) Growth Rate Forecast (2019-2025) Figure China Chocolate Liquor Consumption (K MT) Growth Rate Forecast (2019-2025) Figure Japan Chocolate Liquor Consumption (K MT) Growth Rate Forecast (2019-2025) Table Global Chocolate Liquor Production (K MT) Forecast by Type (2019-2025) Figure Global Chocolate Liquor Production (K MT) Forecast by Type (2019-2025) Table Global Chocolate Liquor Revenue (Million USD) Forecast by Type (2019-2025) Figure Global Chocolate Liquor Revenue Market Share Forecast by Type (2019-2025) Table Global Chocolate Liquor Price (USD/MT) Forecast by Type (2019-2025) Table Global Chocolate Liquor Consumption (K MT) Forecast by Application (2019-2025) Figure Global Chocolate Liquor Consumption Forecast by Application (2019-2025) Table Research Programs/Design for This Report Figure Bottom-up and Top-down Approaches for This Report Figure Data Triangulation Table Key Data Information from Secondary Sources Table Key Data Information from Primary Sources

Barry Callebaut Cargill Nestle SA Mars Hershey Blommer Chocolate Company FUJI OIL Puratos Cémoi Irca Foley’s Candies LP Olam Kerry Group Guittard Ferrero Ghirardelli Alpezzi Chocolate Valrhona Republica Del Cacao TCHO