Category: Chocolate
Chocolate market research reports by Euromonitor International
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Chocolate Confectionery in Guatemala
Chocolate Confectionery in Guatemala Chocolate confectionery is witnessing slower retail volume and current value growth in 2023, with higher unit prices and inflationary pressure restricting consumption. The initial boost provided by the return of impulse occasions and social gatherings has waned s ... Read More
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Chocolate Confectionery in Canada
Chocolate Confectionery in Canada Chocolate confectionery continues to generate healthy demand as Canadians' indulgence habits remained consistent post-lockdown. With on-the-go snacking on the rise as people return to the office, smaller portion and pack sizes have gained popularity. Moreover, there ... Read More
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Chocolate Confectionery in Belgium
Chocolate Confectionery in Belgium The COVID-19 pandemic had a significant negative impact on chocolate confectionery in Belgium, particularly in terms of gifting chocolate formats. With the closure of many non-essential stores and the cancellation of social events such as weddings and corporate gat ... Read More
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Chocolate Confectionery in Malaysia
Chocolate Confectionery in Malaysia 2023 is seeing innovative product development proving to be a significant driver of demand for countlines and chocolate pouches and bags in chocolate confectionery in Malaysia. Among the key players, Nestlé is showing a particular focus on diversifying its product ... Read More
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Chocolate Confectionery in Singapore
Chocolate Confectionery in Singapore With the rising cost of raw materials for chocolate confectionery, such as dairy ingredients, cocoa beans, sugar, and oil, many brands are actively seeking ways to improve their profit margins, such as reducing production costs by pushing product ranges which are ... Read More
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Chocolate Confectionery in Thailand
Chocolate Confectionery in Thailand Thailand has returned to normality in 2023, following the restrictions created by the COVID-19 pandemic. Consumers have returned to out-of-home, on-the-go lifestyles, along with a large number of tourists visiting the country. As such, this revival is benefitting ... Read More
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Chocolate Confectionery in Vietnam
Chocolate Confectionery in Vietnam Chocolate confectionery saw a slowdown in demand in retail volume terms in 2023, thanks to inflationary pressures, which had a negative impact on purchasing power. As a result, consumers had less disposable income to spend on non-essential items, including chocolat ... Read More
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Chocolate Confectionery in the United Kingdom
Chocolate Confectionery in the United Kingdom The UK’s economy was challenged by strong inflationary pressures in 2022. Similar to other categories in snacks, chocolate confectionery manufacturers were challenged by multiple shortages in the supply chain, which led to increasing costs in transportat ... Read More
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Chocolate Confectionery in China
Chocolate Confectionery in China After experiencing a retail current value decline in 2022 due to the spread of the COVID-19 pandemic and corresponding lockdowns in major cities, with the easing of the country’s zero-COVID policy chocolate confectionery is expected to return to growth in 2023. With ... Read More
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Chocolate Confectionery in Italy
Chocolate Confectionery in Italy Over 2022, a number of categories of chocolate confectionery declined in retail volume sales terms. However, some registered growth: chocolate pouches and bags, seasonal chocolate and chocolate with toys. The return to pre-Coronavirus (COVID-19) lifestyles, with the ... Read More
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Chocolate Confectionery in France
Chocolate Confectionery in France Retail sales of chocolate confectionery saw a sluggish performance in 2023, with minimal growth in both volume and constant value terms. As in 2022, sales were impacted by unseasonably hot summer weather, which hindered purchases during certain months of the year. T ... Read More
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Chocolate Confectionery in Indonesia
Chocolate Confectionery in Indonesia Digital marketing has emerged as one of the most effective methods to boost chocolate confectionery sales in Indonesia, amidst a growing number of tech-savvy consumers in the country. One of the main advantages of digital marketing is the ability to target younge ... Read More
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Chocolate Confectionery in Australia
Chocolate Confectionery in Australia Chocolate confectionery is set to see growth in both retail volume and current value terms in 2023. With chocolate confectionery relying on a number of imported ingredients, escalating commodity prices and rising supply chain costs have resulted in many manufactu ... Read More
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Chocolate Confectionery in the United Arab Emirates
Chocolate Confectionery in the United Arab Emirates The number of health-conscious consumers in the United Arab Emirates is rising, resulting in increasing demand for healthy snacks. The perception of a healthy diet has gradually changed in the domestic market. Local consumers used to consider sweet ... Read More
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Chocolate Confectionery in Algeria
Chocolate Confectionery in Algeria Chocolate confectionery is set to record positive volume growth in 2023, driven by the ongoing interest in indulgence, while rising inflation rates will drive high, double-digit current value growth. However, despite positive volume sales, levels are yet to fully r ... Read More
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Chocolate Confectionery in the Philippines
Chocolate Confectionery in the Philippines Sales of chocolate confectionery remained stable during 2020 and 2021 as sales benefited from robust at-home consumption during the COVID-19 pandemic. However, the category has seen stronger growth in 2022 and 2023 with demand picking up as restrictions hav ... Read More
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Chocolate Confectionery in Japan
Chocolate Confectionery in Japan Chocolate confectionery is set to see solid growth in retail current value terms in 2023, but a decline in retail volume terms. The main driver of the value increase is expected to be higher unit prices due to inflation and the rising costs of raw materials and energ ... Read More
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Chocolate Confectionery in South Korea
Chocolate Confectionery in South Korea Retail volume sales of chocolate confectionery are expected to stagnate in South Korea in 2023, although a positive growth trajectory is set to be maintained in retail current value terms due to inflationary factors. However, performances are expected to vary a ... Read More
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Chocolate Confectionery in India
Chocolate Confectionery in India As the initial COVID-19 lockdowns led consumers to be secluded at home and spend a lot more time at home than usual, they turned to snacking as a source of comfort. The number of consumption occasions increased, and consumers started replacing meals with snacks. This ... Read More
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