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

  • New Zealand Chocolate Confectionery

    ... due to reduced cocoa production in West Africa, which accounts for 70% of the world's supply, as a result of the adverse El Niño weather effects. As New Zealand relies entirely on imported cocoa, the ... Read More

  • Food Coating Ingredients Market Report by Type (Sugars and Syrups, Cocoa and Chocolates, Fats and Oils, Spices and Seasonings, Flours, Batter and Crumbs, and Others), Form (Dry, Liquid), Application (Bakery, Confectionery, Breakfast Cereals, Snacks and Nutritional Bars, Dairy Products, Meat and Poultry Products, Fruits and Vegetables, and Others), and Region 2024-2032

    ... Nutritional Bars, Dairy Products, Meat and Poultry Products, Fruits and Vegetables, and Others), and Region 2024-2032 The global food coating ingredients market size reached US$ 4.0 Billion in 2023. Looking forward, IMARC Group expects the ... Read More

  • Confectioneries

    ... of 5.0% over the analysis period 2023-2030. Chocolate Confectioneries, one of the segments analyzed in the report, is expected to record a 5.6% CAGR and reach US$226.7 Billion by the end of the analysis period. ... Read More

  • Global Vegan Carob Chocolate Bars Market Research Report 2024(Status and Outlook)

    ... 526.90 million by 2029, exhibiting a CAGR of 14.20% during the forecast period. This report provides a deep insight into the global Vegan Carob Chocolate Bars market covering all its essential aspects. This ranges from ... Read More

  • Industrial Chocolate Market by Product Type (Cocoa Powder, Cocoa Liquor, Cocoa Butter, Compound Chocolate), Application (Bakery Products, Confectionery, Bakery Premixes, Beverages, Frozen Desserts and Ice Creams, and Others), and Region 2024-2032

    ... market size reached US$ 8.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 11.6 Billion by 2032, exhibiting a growth rate (CAGR) of 4.01% during 2024-2032. The surging demand for ... Read More

  • Colombia Chocolate Confectionery

    ... high inflation rate, as retail volume sales decline. Nonetheless, the performance is supported by brand innovations catering to nostalgia, which is emerging as a key trend in snacking. As consumers seek food for comfort and ... Read More

  • Romania Chocolate Confectionery

    ... confectionery is also facing challenges form the high prices of raw cocoa, along with the 1 January 2024 VAT hikes for products with added sugar content exceeding 10g per 100g of product, pushing up VAT ... Read More

  • Peru Chocolate Confectionery

    ... and has seen high-temperature records in several regions, prompting a greater preference in consumers for snacks that are fresh or at least are not usually associated with cold weather. Euromonitor International's Chocolate Confectionery in Peru ... Read More

  • Sweden Chocolate Confectionery

    ... Moreover, the competition within chocolate confectionery is fierce, and while big brands dominate, small premium domestic brands are also active, receiving awards and carving out their niche shares. In order to increase consumer loyalty and ... Read More

  • Azerbaijan Chocolate Confectionery

    ... inflation linked to the global recovery from the pandemic and the fallout of Russia’s invasion of Ukraine. With many people still inclined to rein in discretionary spending due to the rising cost of living, retail ... Read More

  • Canada Chocolate Confectionery

    ... half of the year, culminating in new record highs. Despite companies typically hedging against commodity price fluctuations, the rapid and substantial rise in cocoa prices necessitated price increases across many brands. This led to notable ... Read More

  • The United Arab Emirates Chocolate Confectionery

    ... snacks, significantly transforming perceptions around diet and indulgence. Traditionally viewed as a source of empty calories contributing to weight gain and chronic diseases, sweet snacks are now being reconsidered as part of a balanced lifestyle. ... Read More

  • Egypt Chocolate Confectionery

    ... demand is being curtailed by substantial increases in unit prices, in the light of the low availability of imported raw materials, such as cocoa and butter. This in turn, is due to a number of ... Read More

  • Switzerland Chocolate Confectionery

    ... to continued increases in product prices. While all categories witnessed significant current value growth, this was largely due to the increases in unit price. Some raw materials, such as milk and sugar, are protected, so ... Read More

  • Portugal Chocolate Confectionery

    ... of raw ingredients, such as cocoa and sugar. In turn, these higher manufacturing costs have ultimately resulted in higher unit prices. However, consumers have not abandoned the category. Rather, we are seeing some changes in ... Read More

  • Argentina Chocolate Confectionery

    ... fell much more slowly than for other types of confectionery in 2020 in the wake of the Coronavirus (COVID-19) pandemic years. The market size remained higher than in 2019 in a country blighted by an ... Read More

  • Confectionery Packaging in South Korea

    ... in 2023, as this offers versatility and adaptability, allowing for the production of various shapes and sizes to accommodate different chocolate confectionery products, from tablets, to individual pieces such as countlines. Its lightweight nature ensures ... Read More

  • Chile Chocolate Confectionery

    ... directly impact production costs for chocolate manufacturers. When the cost of cocoa rises, chocolate producers in Chile are compelled to adjust their pricing strategies to maintain profitability, which often translates to higher retail prices for ... Read More

  • Nigeria Chocolate Confectionery

    ... prices. Current value sales are climbing high as unit prices rise steeply, driven by depreciation of the local currency as well as other local factors contributing to high inflation in 2024. The category’s weak performance ... Read More

  • Mexico Chocolate Confectionery

    ... significant and continues to affect manufacturer, retailer and consumer responses and choices. High inflation increases the costs of raw materials like cocoa and prices of products. This is set to see retail current value sales ... Read More

  • Israel Chocolate Confectionery

    ... confectionery market. In May 2023, Diplomat increased the prices of many of its products by up to 25%, including Milka. In August 2023, Strauss raised the prices of its chocolate tablet brand, Splendid, by up ... Read More

  • Norway Chocolate Confectionery

    ... rising production and raw materials costs. This is supporting sales in chocolate confectionery amid inflation and widespread price hikes elsewhere. Euromonitor International's Chocolate Confectionery in Norway report offers in-depth knowledge of the market at a ... Read More

  • Spain Chocolate Confectionery

    ... growth with manufacturers being forced to raise their prices as the cost of basic ingredients has risen. In volume terms sales have been supported by a solid performance from countlines, driven by the increasing demand ... Read More

  • The United Kingdom Chocolate Confectionery

    ... across the supply chain, including transportation, energy, labour and raw materials such as sugar, milk and cocoa beans, resulted in prices further soaring, and, combined with the general cost-of-living crisis, translated into another year of ... Read More

  • Ireland Chocolate Confectionery

    ... year’s double-digit rises. The cost-of-living crisis has forced local consumers to cut down on their chocolate confectionery consumption, with retail volumes sales declining in 2024, though to a lesser extent than was seen in 2023, ... Read More

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