Chocolate Market in South America 2022-2026

Chocolate Market in South America 2022-2026

Technavio has been monitoring the chocolate market in South America and it is poised to grow by $ 4.11 bn during 2022-2026, progressing at a CAGR of 5.24% during the forecast period. Our report on the chocolate market in South America 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, latest trends and drivers, and the overall market environment. The market is driven by rising awareness regarding health benefits offered by chocolate and increasing marketing activities. In addition, rising awareness regarding health benefits offered by chocolate is anticipated to boost the growth of the market as well.

The chocolate market in South America analysis includes the product segment and geographic landscape.

Technavio's chocolate market in South America is segmented as below:

  • By Product
  • Dark chocolate
  • Milk and white chocolate
  • By Geography
  • Brazil
  • Chile
  • Rest of South America
This study identifies the growing demand for customized chocolate as one of the prime reasons driving the chocolate market growth in South America during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on chocolate market in South America covers the following areas:
  • Chocolate market sizing
  • Chocolate market forecast
  • Chocolate market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading chocolate market vendors in South America that include Arcor Group, Colombina SA, Dori Alimentos SA, Empresas Carozzi SA, Ferrero International SA, Lindt and Sprungli (USA) Inc., Mars Inc., Mondelez International Inc., Nestle SA, and The Hershey Co. Also, the chocolate market in South America analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Companies Mentioned

Arcor Group, Colombina SA, Dori Alimentos SA, Empresas Carozzi SA, Ferrero International SA, Lindt and Sprungli (USA) Inc., Mars Inc., Mondelez International Inc., Nestle SA, The Hershey Co.


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market characteristics
    • Value chain analysis
      • Input
      • Inbound logistics
      • Primary processing
      • Secondary and tertiary processing
      • Outbound logistics
      • End-customers
      • Marketing and sales
      • Services
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2021
    • Market outlook: Forecast for 2021 - 2026
      • Estimating growth rates for emerging and high-growth markets
      • Estimating growth rates for mature markets
        • Table South America - Market size and forecast 2021 - 2026 ($ billion)
        • Table South America market: Year-over-year growth 2021 - 2026 (%)
  • Five Forces Analysis
    • Table Five forces analysis 2021 & 2026
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2021
  • Market Segmentation by Product
    • Market segments
      • Table Product - Market share 2021-2026 (%)
    • Comparison by Product
      • Table Comparison by Product
    • Dark chocolate - Market size and forecast 2021-2026
      • Table Dark chocolate - Market size and forecast 2021-2026 ($ billion)
      • Table Dark chocolate - Year-over-year growth 2021-2026 (%)
    • Milk and white chocolate - Market size and forecast 2021-2026
      • Table Milk and white chocolate - Market size and forecast 2021-2026 ($ billion)
      • Table Milk and white chocolate - Year-over-year growth 2021-2026 (%)
    • Market opportunity by Product
      • Table Market opportunity by Product
  • Customer landscape
    • Table Customer landscape
  • Geographic Landscape
    • Geographic segmentation
      • Table Market share by geography 2021-2026 (%)
    • Geographic comparison
      • Table Geographic comparison
    • Brazil - Market size and forecast 2021-2026
      • Table Brazil - Market size and forecast 2021-2026 ($ billion)
      • Table Brazil - Year-over-year growth 2021-2026 (%)
    • Chile - Market size and forecast 2021-2026
      • Table Chile - Market size and forecast 2021-2026 ($ billion)
      • Table Chile - Year-over-year growth 2021-2026 (%)
    • Rest of South America - Market size and forecast 2021- 2026
      • Table Rest of South America - Market size and forecast 2021-2026 ($ billion)
      • Table Rest of South America - Year-over-year growth 2021-2026 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography ($ billion)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Rising awareness regarding health benefits offered by chocolate
      • Increasing marketing activities
    • Market challenges
      • Growing health concerns about diabetes and obesity
      • Shortage of vanilla
        • Table Impact of drivers and challenges
    • Market trends
      • The impulse purchasing behavior of consumers
      • Increasing number of M&A
  • Vendor Landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
      • Table Industry risks
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Arcor Group
      • Table Arcor Group – Overview
      • Table Arcor Group - Business segments
      • Table Arcor Group - Key offerings
      • Table Arcor Group - Segment focus
    • Colombina SA
      • Table Colombina SA – Overview
      • Table Colombina SA - Business segments
      • Table Colombina SA - Key offerings
      • Table Colombina SA - Segment focus
    • Dori Alimentos SA
      • Table Dori Alimentos SA – Overview
      • Table Dori Alimentos SA - Product and service
      • Table Dori Alimentos SA - Key offerings
    • Empresas Carozzi SA
      • Table Empresas Carozzi SA – Overview
      • Table Empresas Carozzi SA - Business segments
      • Table Empresas Carozzi SA - Key offerings
      • Table Empresas Carozzi SA - Segment focus
    • Ferrero International SA
      • Table Ferrero International SA – Overview
      • Table Ferrero International SA - Product and service
      • Table Ferrero International SA-Key news
      • Table Ferrero International SA - Key offerings
    • Lindt and Sprungli (USA) Inc.
      • Table Lindt and Sprungli (USA) Inc. –Overview
      • Table Lindt and Sprungli (USA) Inc. - Business segments
      • Table Lindt and Sprungli (USA) Inc. - Key offerings
      • Table Lindt and Sprungli (USA) Inc. - Segment focus
    • Mars Inc.
      • Table Mars Inc. –Overview
      • Table Mars Inc. - Product and service
      • Table Mars Inc. - Key offerings
    • Mondelez International Inc.
      • Table Mondelez International Inc. –Overview
      • Table Mondelez International Inc. - Business segments
      • Table Mondelez International Inc.- Key news
      • Table Mondelez International Inc. - Key offerings
      • Table Mondelez International Inc. - Segment focus
    • Nestle SA
      • Table Nestle SA – Overview
      • Table Nestle SA - Business segments
      • Table Nestle SA- Key news
      • Table Nestle SA - Key offerings
      • Table Nestle SA - Segment focus
    • The Hershey Co.
      • Table The Hershey Co. –Overview
      • Table The Hershey Co. - Business segments
      • Table The Hershey Co. - Key news
      • Table The Hershey Co. - Key offerings
      • Table The Hershey Co. - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and Caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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