We have no doubt that chocolate is the favourite ingredient of most of the world’s palates, so much so that in 2020, around 8.5 million tons of chocolate ate worldwide according to a Statista study.
Star product with multiple benefits for the body as an antioxidant, with a high tannin content, antidepressant among others.
Currently, flavour is one of the most important factors when choosing a bakery product and chocolate is positioned after years of occupying the first place, as the star aroma.
Flavour options in the cake and cookie market remain relatively unadventurous, and chocolate concepts dominate the launch repertoire of flavours. Milk chocolate and dark chocolate lead the way, followed by hazelnuts, dark chocolate chips, almonds, and cocoa.
Other growing flavours reflect the demands of indulgence and tradition: salted caramel, speculoos, cranberry, peanut, and cinnamon.
In Bakery sector, seasonality together with products without additives and preservatives are the growing trends, and it is expected that the consumption in bakery will grow by 3% CAGR over 2019-2022F. While in the biscuit segment, health related to fiber or wholegrain product, the organic product or the ethical issue is the most relevant in choosing a product, and its growth forecast is estimated to be an increase of around 2% CAGR in the same time period, according to a study by Innova Market Insights.
At Cosmos we join these trends by developing flavours of these highly requested profiles such as chocolate in all its variations, as well as those that are starting to fast-growing such as salted caramel, speculoos or blueberry. For us, the most vital thing is to be able to offer the best solutions for our Bakery and Confectionary clients.