Category: Chocolate
Chocolate market research reports by Euromonitor International
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The US Chocolate Confectionery
Chocolate Confectionery in the US Most categories within chocolate confectionery in the US saw retail current value growth in 2023, and this is set to continue in 2024. However, some have not enjoyed the same growth in volume terms. There are several reasons for this, amongst them is price sensitivi ... Read More
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Germany Chocolate Confectionery
Chocolate Confectionery in Germany In 2024, cocoa prices continue to significantly impact chocolate confectionery in Germany, influencing both production and retail prices. Fluctuations in cocoa costs are causing widespread repercussions, particularly for smaller players with limited access to this ... Read More
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Singapore Chocolate Confectionery
Chocolate Confectionery in Singapore Similar to overall confectionery, in 2024 chocolate confectionery in Singapore is set to see negligible retail volume growth. This is partly due to government efforts to curb health problems such as diabetes and regulate sugar intake, along with increased consume ... Read More
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Serbia Chocolate Confectionery
Chocolate Confectionery in Serbia Chocolate confectionery is set to see significant current value growth in Serbia in 2024. The category faced a considerable rise in unit prices in 2023, with price growth slowing down a bit in 2024. Despite inflationary pressures, which encouraged consumers to be mo ... Read More
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Poland Chocolate Confectionery
Chocolate Confectionery in Poland Chocolate confectionery saw solid volume in current value growth in 2024, with Ferrero Polska Sp zoo continuing to lead the field, albeit with a small loss of share to second ranking Mondelez International Inc. Euromonitor International's Chocolate Confectionery in ... Read More
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Latvia Chocolate Confectionery
Chocolate Confectionery in Latvia While 2024 is not a banner year for chocolate confectionery in Latvia, there are initial signs of stabilisation compared to the product area's performance in 2023. The inflationary pressures that spooked consumers in 2022 and 2023 have begun to ease, alleviating som ... Read More
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Hungary Chocolate Confectionery
Chocolate Confectionery in Hungary Retail volume sales of sales of chocolate confectionery will see modest growth in 2024, following the flat performance of the previous year. Demand continues to be hampered by rising prices, driven by the mounting costs of cocoa, sugar, and other essential ingredie ... Read More
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Denmark Chocolate Confectionery
Chocolate Confectionery in Denmark Over 2024, chocolate confectionery in Denmark is expected to continue to see a decrease in retail volume sales as demand stabilises following a spike in the wake of the Coronavirus (COVID-19) pandemic. While the majority of food categories are seeing price decrease ... Read More
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Vietnam Chocolate Confectionery
Chocolate Confectionery in Vietnam Chocolate confectionery is seeing small volume gains in Vietnam in 2024, while value is better supported by inflationary pressures leading to higher unit prices. Notably, global increases in the cost of raw ingredients such as cocoa and sugar are impacting chocolat ... Read More
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Ecuador Chocolate Confectionery
Chocolate Confectionery in Ecuador Chocolate confectionery sales in Ecuador are highly seasonal, with a significant portion concentrated in the last quarter due to Christmas celebrations. During this time, it is customary to exchange chocolate as gifts and fill Christmas bags for children. Unfortuna ... Read More
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Georgia Chocolate Confectionery
Chocolate Confectionery in Georgia In 2024, chocolate confectionery in Georgia witnessed higher unit price growth in comparison to the previous year, underpinning stronger current value growth. Rising production costs put upward pressure on prices due to the expected shortage in cocoa. Consumption l ... Read More
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Tunisia Chocolate Confectionery
Chocolate Confectionery in Tunisia Chocolate confectionery in Tunisia is experiencing historically high prices, with all categories set to see further double-digit increase in average retail current unit price over 2024. This surge in prices is attributed to various factors. Amid high inflation, man ... Read More
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Bolivia Chocolate Confectionery
Chocolate Confectionery in Bolivia Chocolate confectionery in Bolivia is poised to record an improved performance in terms of current value sales growth in 2024. However, this is primarily due to price hikes imposed to offset rising import and production costs caused by a severe shortage of US dolla ... Read More
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Kenya Chocolate Confectionery
Chocolate Confectionery in Kenya The year 2024 has witnessed a significant increase in price sensitivity among consumers due to rising inflation, leading to a sharp rise in chocolate confectionery prices in Kenya. This has resulted in stagnant sales volume growth within the category. Euromonitor Int ... Read More
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Costa Rica Chocolate Confectionery
Chocolate Confectionery in Costa Rica Chocolate confectionery in Costa Rica has enjoyed robust growth during the review period. In 2024, it is expected to register healthy current value and volume growth, as a positive economic picture bolsters growth. Chocolate confectionery seen as an affordable i ... Read More
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North Macedonia Chocolate Confectionery
Chocolate Confectionery in North Macedonia Chocolate confectionery in North Macedonia has witnessed a more upbeat performance since 2023, with retail volume sales returning to growth following several years of decline. Indeed, consumer demand for chocolate confectionery remains steady in 2024, with ... Read More
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Cameroon Chocolate Confectionery
Chocolate Confectionery in Cameroon In 2024, retail value sales of chocolate confectionery in Cameroon are set to achieve solid growth. However, consumer price sensitivity is a major factor influencing chocolate purchases. This translates to a clear preference for the locally-made Mambo tablet, pric ... Read More
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The Czech Republic Chocolate Confectionery
Chocolate Confectionery in the Czech Republic A challenging economic situation persists in 2024 caused by the high inflation seen in the past two years which has left consumers in the situation where they are battling with an increased cost-of-living while prices continue to rise. However, while inf ... Read More
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Slovakia Chocolate Confectionery
Chocolate Confectionery in Slovakia Chocolate confectionery is seeing positive retail value sales in Slovakia in 2024, while volume remains in a slump. This situation is created by high unit prices and reduced consumer spending power. Added to which, we have seen soaring unit prices for raw ingredie ... Read More
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Dominican Republic Chocolate Confectionery
Chocolate Confectionery in Dominican Republic Chocolate confectionery in the Dominican Republic is expected to register healthy current value growth, through a marginal fall in volume sales in 2024. The Dominican Republic has a thriving local chocolate industry and is one of the main producers of co ... Read More
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Ukraine Chocolate Confectionery
Chocolate Confectionery in Ukraine The Ukraine’s chocolate confectionery market is seeing some degree of recovery in terms of retail volume sales in 2024, in growth that is continuing from 2023. This follows the severe drop seen in 2022 when war broke out. Mondelez Ukraine, which produces the Korona ... Read More
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Turkey Chocolate Confectionery
Chocolate Confectionery in Turkey At the end of the review period, chocolate confectionery in Turkey continues to benefit as consumers remain willing to spend more on indulgence and treats, to pamper themselves or improve their mood, despite rising unit prices amid a highly inflationary climate. Dur ... Read More
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Greece Chocolate Confectionery
Chocolate Confectionery in Greece The market for chocolate confectionery in Greece is set to modest growth in retail volume terms in 2024, continuing the trend of the previous year. Demand is being impacted by ongoing price rises, as input costs spiral to an all-time high. Cacao prices, for example, ... Read More
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Confectionery Packaging in the Netherlands
Confectionery Packaging in the Netherlands Total confectionery packaging volumes continued to fall in the Netherlands in 2023, with declines for chocolate confectionery and gum, and a rise for sugar confectionery. Although rises in consumer prices resulted in an increase in value sales of chocolate ... Read More
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Croatia Chocolate Confectionery
Chocolate Confectionery in Croatia Chocolate confectionery is expected to register solid growth in 2024, with value growth higher than volume growth as inflation has pushed prices up. The significant rise in commodity prices, production costs, and inflation in 2023 has had a noticeable impact on Cro ... Read More
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