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

  • Estonia Chocolate Confectionery

    ... a result of price hikes due to elevated cocoa prices. To mitigate the impact of price increases, companies are proactively storing cocoa beans; however, the importance of maintaining uninterrupted production is forcing companies requiring beans ... Read More

  • Algeria Chocolate Confectionery

    ... volume growth. As such, value for money continues to be a key driver of sales, with consumers being highly price sensitive. Economy brands benefit, with many consumers trading down. This negatively impacts more expensive, imported ... Read More

  • Italy Chocolate - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2024 - 2030)

    ... to reach 1.84 billion USD by 2029, growing at a CAGR of 21.87% during the forecast period (2024-2029). Transformative trends in the power and utilities MLCC market with different case size dynamics are reshaping the ... Read More

  • China Chocolate - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2024 - 2030)

    ... USD by 2030, growing at a CAGR of 4.52% during the forecast period (2024-2030). Supermarkets/hypermarkets and convenience stores collectively hold the major share of sales of chocolates among consumers due to the wide availability of ... Read More

  • Philippines Chocolate Confectionery

    ... stronger growth in 2022; demand gained momentum as restrictions eased and consumers started returning to their pre-pandemic lifestyles and habits. Consumers returning to the office, school and on-the-go activities helped to drive stronger growth as ... Read More

  • The US Chocolate Confectionery

    ... growth in volume terms. There are several reasons for this, amongst them is price sensitivity in a high inflation and high interest environment. While food inflation did subside slightly from 2022 into 2023 and 2024, ... Read More

  • Germany Chocolate Confectionery

    ... limited access to this essential ingredient. These smaller producers often face challenges in securing stable cocoa supplies, leading to higher manufacturing costs and supply chain uncertainties. Euromonitor International's Chocolate Confectionery in Germany report offers in-depth ... Read More

  • Singapore Chocolate Confectionery

    ... diabetes and regulate sugar intake, along with increased consumer awareness of the negative impacts of excessive sugar consumption. However, consumer demand has also been sluggish due to the high cost of living, with some consumers ... Read More

  • Serbia Chocolate Confectionery

    ... bit in 2024. Despite inflationary pressures, which encouraged consumers to be more price sensitive, chocolate confectionery benefitted from its perception as an affordable indulgence, as consumers sought to treat themselves, while eschewing larger purchases. In ... Read More

  • Poland Chocolate Confectionery

    ... Mondelez International Inc. Euromonitor International's Chocolate Confectionery in Poland report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data ... Read More

  • Latvia Chocolate Confectionery

    ... consumers in 2022 and 2023 have begun to ease, alleviating some concerns in this regard. Euromonitor International's Chocolate Confectionery in Latvia report offers in-depth knowledge of the market at a national level, providing local insight ... Read More

  • Hungary Chocolate Confectionery

    ... by the mounting costs of cocoa, sugar, and other essential ingredients. In addition, an increasing number of consumers are becoming more mindful of their sugar intake, due to its impact on oral and general health. ... Read More

  • 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

  • Global Cocoa Beans Market 2024-2028

    ... market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current market scenario, the ... 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

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