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

  • 2023 Global Forecast for Premium Chocolate Market (2024-2029 Outlook)-High Tech & Emerging Markets Report

    ... or service category is within the NAICS Food Manufacturing industry. The product or service category is within the NAICS Food Manufacturing industry. The global market is expected to increase from USD xx billion in 2024 ... Read More

  • Chocolate Confectionery in Spain

    ... still put additional pressure on manufacturers, forcing them to pass some of the increased costs to shoppers. Despite more stable prices, the impact of high inflation in Spain saw price-sensitive consumers cutting back on non-essential ... Read More

  • Chocolate Confectionery in Peru

    ... will be significant, enabling the category to recover to pre-pandemic sales levels. This modest growth in volume sales will be symptomatic of significant price growth, which will discourage consumers from buying the amount of chocolate ... Read More

  • Saudi Arabia Biscuit Market, By Type (Crackers & Savory Biscuits, Plain Crackers, Flavored Crackers, Sweet Biscuits, Plain Biscuits, Others (Cookies, Sandwich Biscuits, Chocolate-Coated Biscuits)); By Ingredients (Flour, Sugar, Butter, Chocolate, Milk, Cream); By Products (Rich Tea, Bourbon, Plain Biscuits, Chocolate Coated Biscuits, Filled Biscuits); By Distribution Channel (Online, Offline), Trend Analysis, Competitive Landscape & Forecast, 2019–2029

    ... Tea, Bourbon, Plain Biscuits, Chocolate Coated Biscuits, Filled Biscuits); By Distribution Channel (Online, Offline), Trend Analysis, Competitive Landscape & Forecast, 2019–2029 Saudi Arabia Biscuit Market Size Booming to Touch USD 56.5 Billion by 2029 The ... Read More

  • Chocolate Confectionery in Bolivia

    ... as young students showed increased interest in impulse purchases of other products, including ice cream, gummies, chews or other sugar confectionery products. Also, chocolate confectionery has not seen innovation in terms of different flavours or ... Read More

  • Chocolate Confectionery in Finland

    ... a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2018-2022, it identifies the leading companies, brands and retail outlets, and assesses the key trends and demographic ... Read More

  • Chocolate Confectionery in Estonia

    ... appetite for dark chocolate, which is seen as healthier. That being said, inflation is expected to still be an issue, though its growth is expected to ease slightly. As a result, consumers are expected to ... Read More

  • Chocolate Confectionery in Ecuador

    ... them, consumers have been able to return to normal lifestyles in 2023, and on-the-go consumption is back to regular levels. Consumers have been able to resume their social relationships and celebrate special occasions (e.g., Mother's ... Read More

  • Chocolate Confectionery in Egypt

    ... ongoing population expansion and urbanisation, these trends in value and volume sales were a reaction to substantial increases in unit prices, with some products rising as much as 50% during the year. Countlines is set ... Read More

  • Chocolate Confectionery in the Czech Republic

    ... the local workforce return to the office after working from home, and there has been a concomitant increase in snack consumption. In addition, there is an increased consumer base due to Ukrainian refugees moving to ... Read More

  • Chocolate Confectionery in Colombia

    ... of persisting consumer habits of staying indoors thanks to ongoing economic uncertainty. The dynamism in chocolate confectionery is largely propelled by factors such as consumer indulgence, premium products, health consciousness and sustainability-driven choices. Euromonitor International's ... Read More

  • Chocolate Confectionery in Georgia

    ... supply chain and drove up variable costs. In response, players have had to revise their portfolios and shift manufacturing from Russian to European hubs, which has also contributed to unit price increases. There has also ... Read More

  • Chocolate Confectionery in Denmark

    ... sales and value by increasing prices, while favourable exchange rates, the recovery of cross-border trade in the aftermath of the COVID-19 crisis and the overall love of chocolate amongst Danish consumers have all had a ... Read More

  • Chocolate Confectionery in Azerbaijan

    ... being said, inflation is expected to still be an issue, though its growth is expected to ease slightly in 2023. As a result, consumers are expected to still be highly price sensitive and prioritise value ... Read More

  • Chocolate Confectionery in Costa Rica

    ... high. Lingering concerns regarding the war in Ukraine and economic uncertainty have elevated consumer stress levels, thus increasing snacking occasions. Chocolate confectionery is often used as a small treat and is an affordable indulgence for ... Read More

  • Chocolate Confectionery in the Netherlands

    ... in chocolate sales volume, especially noticeable in the tablets category. Despite a significant sales increase during the pandemic, the easing of restrictions and absence of lockdown measures has contributed to the further decline in this ... Read More

  • Chocolate Confectionery in Dominican Republic

    ... remains above average. Nevertheless, consumers continue to make allowances for chocolate confectionery since it is considered a small occasional indulgence. While many consumers are turning to items they perceive to be healthier, small indulgences in ... Read More

  • Chocolate Confectionery in New Zealand

    ... behind this are multi-faceted, with the Reserve Bank of New Zealand dropping interest rates to record lows at the start of the pandemic, overstimulating the local economy. Additionally, domestic and international supply chain disruptions and ... Read More

  • Chocolate Confectionery in Guatemala

    ... occasions and social gatherings has waned slightly in 2023, in the face of restricted budgets. However, the post-pandemic revival of on-the-go eating occasions continues to stimulate demand for chocolate confectionery and support retail sales growth. ... Read More

  • Chocolate Confectionery in Canada

    ... have gained popularity. Moreover, there has been a notable shift towards healthier indulgence in the post-COVID-19 era, with consumers paying increased attention to product labels and seeking options with reduced sugar content and functional benefits. ... Read More

  • Chocolate Confectionery in Belgium

    ... social events such as weddings and corporate gatherings, the demand for chocolate for gifting decreased. Sales of chocolate in Belgium fell in both retail volume and current value terms in 2020. This decline was primarily ... Read More

  • Chocolate Confectionery in Malaysia

    ... is showing a particular focus on diversifying its product offerings - strategy evident with the launch of Kit Kat Dark Cookies towards the end of the review period; the new variant offers a novel flavour ... Read More

  • Chocolate Confectionery in Singapore

    ... as reducing production costs by pushing product ranges which are lower-cost, or reformulating their existing product ranges to refresh the products with lower-cost ingredients. Increasingly, many companies have been adding wafers or fruits into their ... Read More

  • Chocolate Confectionery in Thailand

    ... country. As such, this revival is benefitting snacks – including chocolate. Indeed, chocolate confectionery is seeing healthy growth across the main subcategories, such as tablets, and chocolate pouches and bags. The success of tablets is ... Read More

  • Chocolate Confectionery in Vietnam

    ... disposable income to spend on non-essential items, including chocolate confectionery, which limited growth within the category as a whole. Indeed, chocolate confectionery is widely considered to comprise of inherently high-priced, imported products, despite the fact ... Read More

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