The report titled “North America Chocolate Market Outlook, 2026” shows a detailed overview into the Chocolate industry globally. Chocolate is a delight in its every bite. It is loved by the consumers, irrespective of their age, but most commonly by youngsters. Nowadays Chocolate, as a medium is used to display emotions, like love, respect, friendship. With the advent of new flavors, textures, tastes, traditional sweets are being replaced by chocolates. The North American region, which is viewed as the second most prominent market in the chocolate industry. The region's chocolate market is highly supported by the economies of the United States, Canada, and Mexico, with most sales coming from the US having key players like Hershey's, Mars, Lindt, and Nestle. The change in taste of customers has made the market attention shift to dark chocolate from milk chocolate that was dominating earlier. Besides, the buying reasons have a parallel impact on the buying decision of the customers, such as the demand for packed & gourmet chocolates have increased in the region. Along with these factors, the expanding customer characteristics of online purchases have given their contribution to the industry. North America chocolate market is expected to cross the market size of USD 39 Billion by the forecasted period of 2026. United States is the top revenue generator with highest market capture. Branding and packaging play a pivotal role in targeting consumers. United States exported approximately 144 million kg of chocolates to Canada. Pennsylvania produces the highest chocolates in this region. Annual holidays like Easter, Christmas, Halloween, and Valentine’s Day among others are the days when there is a steep rise in demand for chocolates.
Asia-Pacific dominates the market and is the largest and fastest-growing market in the animal growth promoters industry globally
Download SampleAn impulsive buying behavior has been witnessed among the region's customers, along with a rise in income level. The customers are now well aware of the various forms of chocolate products and their variants available in the market. The rise of health consciousness among chocolate lovers has now made marketers introduce a different range of chocolates catering to this market segment at a reasonable price. With the availability of an array of chocolate products, perception & buying behavior has changed drastically. 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: 2020 • Estimated year: 2021 • Forecast year: 2026
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 • United States • Canada • Mexico Types of chocolates in the report • Milk chocolate • Dark chocolate • White chocolate The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.
Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to 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. Keywords: Global, North America, South, America, Europe, Middle East, Africa, Asia, Asia-Pacific, India, Japan, USA, Canada, Mexico, UK, Italy, France, Chocolate, Milk , Dark, White, Retailing, Organic, Natural, Everyday, Seasonal, Premium, Gourmet This report would help you answer the following questions: 1. What is the market size and forecast of the North America Chocolate Market? 2. What are the inhibiting factors and impact of COVID-19 shaping the North America Chocolate Market during the forecast period? 3. Which region outstands in the North America Chocolate Market? 4. Which are the segments to invest in over the forecast period in the North America Chocolate Market? 5. What is the competitive strategic window for opportunities in the North America Chocolate Market? 6. What are the technology trends and regulatory frameworks in the North America Chocolate Market? 7. What are the major companies in the North America Chocolate Market?
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