Chocolate Market Research Reports & Industry Analysis

There are only few people out there that don’t love chocolate, and the sales show it: U.S. chocolate market alone is a whopping $21 billion. One of the newest innovations within the market is organic chocolate, introduce as a result of the consumers demands. But the genuine, top player of contemporary chocolate industry is premium/gourmet chocolate. Actually, the sales of premium chocolate has continue to expand and grow at a quicker pace than normal, every day chocolate. The creation and development of the chocolate market depended on a New World and Old World partnership. Coenrad Van Houten used his expertise as a Dutch cocoa manufacturer to use a pressing technique to remove the majority of the cocoa butter from the bean in 1828. The cocoa powder that remained was much easier to mix together with water because it came out thinner and defatted. Van Houten then proceed to develop a specific process to treat the cocoa powder he created with alkaline salts, a method know named “Dutching”. This made cocoa powder easier to prepare and digest, so Van Houten consequently took the initial steps getting closer to the manufacturing of chocolate on a mass scale, spreading it around for mass consumption. Milton Hershey, a Mennonite from Pennsylvania, is credited for the proper developments in the processes for pressing chocolate that would eventually lead it to being sold at economical prices, for increased distribution. European manufactures generally maintained a high focus on the taste of chocolate rather than the business side and economy behind the chocolate industry. Market Research.com provides not only valuable knowledge into the trends, products, and innovations driving the present and future of the chocolate world, but also offers analysis far more in-depth into the effects of major player moves such as Lindt’s acquisition of Russell Stover.
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Chocolate Industry Research & Market Reports

  • Denmark Chocolate Confectionery

    ... pandemic. While the majority of food categories are seeing price decreases or did so at the end of 2023-beginning of 2024, chocolate is not among them. Prices of chocolate’s raw material cocoa are growing significantly, ... Read More

  • Vietnam Chocolate Confectionery

    ... raw ingredients such as cocoa and sugar are impacting chocolate confectionery. However, players are launching numerous promotions and discount offers in order to maintain a level of affordability for consumers while also supporting their sales. ... Read More

  • Ecuador Chocolate Confectionery

    ... gifts and fill Christmas bags for children. Unfortunately, the surge in insecurity witnessed in late 2023 significantly impacted sales during this crucial period. People were hesitant to leave their homes, leading to a decline in ... Read More

  • Georgia Chocolate Confectionery

    ... to the expected shortage in cocoa. Consumption levels were stifled by higher prices, but the ongoing snackification trend and rising tourism levels are supporting demand in all categories. Discounting is proving to be an instrumental ... Read More

  • Tunisia Chocolate Confectionery

    ... attributed to various factors. Amid high inflation, manufacturers are dealing with rising sugar prices, increased global cocoa prices and escalating production and transportation costs. Consequently, Tunisian consumers are becoming increasingly price-sensitive, leading to only moderate ... Read More

  • Bolivia Chocolate Confectionery

    ... rising import and production costs caused by a severe shortage of US dollars in the economy. Resultant inflationary pressures and mounting fears the balance of payments crisis will lead to a sharp devaluation of the ... Read More

  • Kenya Chocolate Confectionery

    ... in stagnant sales volume growth within the category. Euromonitor International's Chocolate Confectionery in Kenya report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to ... Read More

  • Costa Rica Chocolate Confectionery

    ... picture bolsters growth. Chocolate confectionery seen as an affordable indulgence for most Costa Ricans. Increasing tourist numbers is also expected to support growth, including for local premium offerings. Euromonitor International's Chocolate Confectionery in Costa Rica ... Read More

  • North Macedonia Chocolate Confectionery

    ... confectionery remains steady in 2024, with current value growth boosted further by rising prices. Chocolate confectionery continues to benefit from the premiumisation trend following the launch of more renowned premium brands. With the emergence of ... Read More

  • Cameroon Chocolate Confectionery

    ... clear preference for the locally-made Mambo tablet, priced at XAF150 per 25g, compared to pricier imported options like countlines (average XAF625/60g) and boxed assortments (average XAF5600/200g). Chocolaterie Confiserie du Cameroun (Chococam)’s successful pricing strategy with ... Read More

  • The Czech Republic Chocolate Confectionery

    ... with an increased cost-of-living while prices continue to rise. However, while inflation has stabilised in 2024, significant price increases continue to impact chocolate confectionery as a result of soaring cocoa prices at the beginning of ... Read More

  • Slovakia Chocolate Confectionery

    ... Added to which, we have seen soaring unit prices for raw ingredients such as cocoa and sugar, which are directly specific to the production of chocolate confectionery. At the same time, Slovak consumers remain price ... Read More

  • Dominican Republic Chocolate Confectionery

    ... chocolate industry and is one of the main producers of cocoa worldwide – however, it was not immune from price rises for cocoa, as well as for sugar, and this increased retailed prices and dampened ... Read More

  • Ukraine Chocolate Confectionery

    ... seen in 2022 when war broke out. Mondelez Ukraine, which produces the Korona and Milka brands, saw a significant drop in retail value share in 2022, as higher prices and logistics issues hampered supply and ... Read More

  • Turkey Chocolate Confectionery

    ... mood, despite rising unit prices amid a highly inflationary climate. During the COVID-19 crisis, which brought lockdown conditions, consumers spent more time at home. In this light, many consumers looked for indulgence and pampering snacks ... Read More

  • Greece Chocolate Confectionery

    ... price rises, as input costs spiral to an all-time high. Cacao prices, for example, surged at the beginning of the year, thanks to unfavourable weather conditions in West Africa, home to a significant proportion of ... Read More

  • Confectionery Packaging in the Netherlands

    ... resulted in an increase in value sales of chocolate confectionery in 2023, the rise in the cost of living influenced the purchasing habits of consumers, who opted to purchase more expensive products such as boxed ... Read More

  • Croatia Chocolate Confectionery

    ... and inflation in 2023 has had a noticeable impact on Croatian consumers' purchasing power in 2024. As a result, shoppers are demonstrating a heightened interest in price promotions and discounts offered by retailers to capture ... Read More

  • Austria Chocolate Confectionery

    ... of commodities. In particular, the steep increase in cocoa prices forced chocolate confectionery manufacturers to increase average unit prices of their products. The cost of sugar remains high in 2024 putting upward pressure on price. ... Read More

  • Belgium Chocolate Confectionery

    ... effects of the inflation crisis still lingering Belgians proved more conservative with their spending and pressure on purchasing power was still strong in 2024. As a result, volume sales of chocolate confectionery suffered in 2024 ... Read More

  • Finland Chocolate Confectionery

    ... stagnate during the year, while current value sales will continue to rise. Competition from other snack categories, such as sugar confectionery and ice cream, especially during the summer months, remains a key feature of the ... Read More

  • Taiwan Chocolate Confectionery

    ... snacking at home is declining. Many consumers have reduced the amount of snacks they eat at home, with many also reducing hoarding and bulk purchasing. Meanwhile, more snack consumption has returned to convenience stores. With ... Read More

  • Compound Chocolate Market - forecast to 2033 : By TYPE (Milk, Dark, White, Filled, Others), FORM (Chips and Drops, Blocks and Slabs, Bars, Coatings, Others), VEGETABLE FAT TYPE (Palm Oil, Coconut Oil, Palm Kernel Oil, Shea Butter, Others), APPLICATION (Confectionery, Bakery, Ice Cream, Frozen Desserts, Beverages, Snacks, Others), DISTRIBUTION CHANNEL (Hypermarkets, Supermarkets, Convenience Stores, Online Retail, Specialty Stores, Others), FLAVOR (Plain, Mint, Orange, Strawberry, Others), and Region

    ... Shea Butter, Others), APPLICATION (Confectionery, Bakery, Ice Cream, Frozen Desserts, Beverages, Snacks, Others), DISTRIBUTION CHANNEL (Hypermarkets, Supermarkets, Convenience Stores, Online Retail, Specialty Stores, Others), FLAVOR (Plain, Mint, Orange, Strawberry, Others), and Region The Compound Chocolate ... Read More

  • Bosnia and Herzegovina Chocolate Confectionery

    ... place in the snacking landscape. While retail volume growth remains stable, the impact of rising prices in 2024 translates to a significant increase in retail sales price (RSP) value, reaching the upper single-digit range. This ... Read More

  • Bulgaria Chocolate Confectionery

    ... the global jump in cocoa prices started to be felt, with chocolate products becoming more expensive as a result. This has been reflected in stronger growth in current value terms. However, price growth has been ... Read More

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