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Chocolates, the taste not only popular among the kids but also viewed as a major luxury to the large population around the world - Bonafide Research
Featured Companies
1. Ezaki Glico Co., Limited
2. Lindt & Sprungli Group
3. Lotte Confectionery Co., Limited
4. Mars Incorporated
5. Meiji Holdings Co., Limited
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The report titled "Global Chocolate Market By Value, By Segment (Milk Chocolate, Dark Chocolate, White Chocolate), By Region (North America, Europe, Asia Pacific, South America, Middle-East & Africa), By Sales Channel (Supermarket/Hypermarket, Convenient Stores, Online), (Trends & Forecast) Outlook, 2025" gives a detailed insight related to the performance of different forms of chocolate products present in the market with its regional analysis. Chocolates are considered the most preferred confectionery items consumed globally. People of all age groups are very much attracted towards the consumption of chocolates. The introduction of various innovations in chocolate with respect to taste, flavor, ingredients, quantity etc along with the increase in per capita income in countries like China & India has increased the demand for chocolates. In consideration of global consumption, countries like Switzerland, Ireland, United Kingdom, Germany and Sweden top the list.
The upward shift in the market has grown at a rapid speed of 6% CAGR, till the year 2019. The market is being segmented into regions like North America, Europe, Asia Pacific, South America, and the Middle East. Out of all regions, the European market poses as the prominent market, while the United States and Germany are the largest revenue generator and Switzerland is the largest chocolate exporters. The advertising and branding activities have played an important role in changing the perception of customers from viewing chocolate just a kid's dessert to a premium gifting option.
The purchase preferences also depend on the type of chocolate, which is segmented into the categories of milk chocolates, dark chocolates, and white chocolates. As the time changes, consumer preference towards chocolate have shifted from milk chocolates to dark chocolates, considering which a growth of above 8% can be forecasted for the segment.
Major companies present in the market
Ferrero SPA, Group Arcor, Theo Chocolate, Kellogg Company, Cacau show, La Maison du Chocolat, Ezaki Glico Co, Meiji Holdings Co. Ltd, Lindt and Sprüngli AG, Mars Incorporated, Mondelez International, Morinaga & Co. Ltd, Hershey Company, Nestle S.A, Thorntons, Patchi, August Storck KG, Barry Callebaut, Godiva choclatier, Stella Bernrain Blommer Chocolates Company, Confiserie Leonidas, Mary’s Chocolate, Lotte Confectionery, United Confectionery manufacturers, Cemoi Group, France Neuhaus, Belgium, Brookside Chocolates
Considered in this report
• Geography: Global
• Base year: 2019
• Estimated year: 2020
• Forecast year: 2025
Aspects covered in this report
• Global chocolate market with its value and forecast along with its segments
• Region-wise chocolate market analysis
• Various divers and challenges
• Ongoing trends and developments
• Five force models
• Top profiled companies
• Strategic recommendation
Regions covered in the report
• North America
• Europe
• South America
• Asia-Pacific
• Middle-East & Africa
Types of chocolates in the report
• Milk chocolate
• Dark chocolate
• White chocolate
Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the chocolate industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
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