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Chocolate Confectionery Trends and Forecast
The future of the global chocolate confectionery market looks promising with opportunities in the supermarket & hypermarket, convenience store, and online markets. The global chocolate confectionery market is expected to reach an estimated $123.7 billion by 2030 with a CAGR of 2.5% from 2024 to 2030. The major drivers for this market are rising demand for premium chocolates and growing popularity of chocolate consumption for festive occasions.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Chocolate Confectionery by Segment
The study includes a forecast for the global chocolate confectionery by product, type, distribution channel, and region.
Chocolate Confectionery Market by Product [Shipment Analysis by Value from 2018 to 2030]:
• Boxed
• Molded Bars
• Chips & Bites
• Truffles & Cups
• Others
Chocolate Confectionery Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Milk
• Dark
• White
Chocolate Confectionery Market by Distribution Channel [Shipment Analysis by Value from 2018 to 2030]:
• Supermarkets & Hypermarkets
• Convenience Stores
• Online
• Others
Chocolate Confectionery Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Chocolate Confectionery Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies chocolate confectionery companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the chocolate confectionery companies profiled in this report include-
• The Hershey Company
• Ferrero
• Chocoladefabriken Lindt & Sprüngli
• Mars
• MondelÄ“z International
• Nestlé
• CEMOI
Chocolate Confectionery Market Insights
Lucintel forecasts that molded bar is expected to witness the highest growth over the forecast period.
Europe will remain the largest region over the forecast period due to rising production of artisanal chocolates and presence of key players in the region.
Features of the Global Chocolate Confectionery Market
Market Size Estimates: Chocolate confectionery market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Chocolate confectionery market size by product, type, distribution channel, and region in terms of value ($B).
Regional Analysis: Chocolate confectionery market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Regional Analysis: Chocolate confectionery market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the chocolate confectionery market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the chocolate confectionery market size?
Answer: The global chocolate confectionery market is expected to reach an estimated $123.7 billion by 2030.
Q2. What is the growth forecast for chocolate confectionery market?
Answer: The global chocolate confectionery market is expected to grow with a CAGR of 2.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the chocolate confectionery market?
Answer: The major drivers for this market are rising demand for premium chocolates and growing popularity of chocolate consumption for festive occasions.
Q4. What are the major segments for chocolate confectionery market?
Answer: The future of the chocolate confectionery market looks promising with opportunities in the supermarket & hypermarket, convenience store, and online markets.
Q5. Who are the key chocolate confectionery market companies?
Answer: Some of the key chocolate confectionery companies are as follows:
• The Hershey Company
• Ferrero
• Chocoladefabriken Lindt & Sprüngli
• Mars
• MondelÄ“z International
• Nestlé
• CEMOI
Q6. Which chocolate confectionery market segment will be the largest in future?
Answer: Lucintel forecasts that molded bar is expected to witness the highest growth over the forecast period.
Q7. In chocolate confectionery market, which region is expected to be the largest in next 5 years?
Answer: Europe will remain the largest region over the forecast period due to rising production of artisanal chocolates and presence of key players in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the chocolate confectionery market by product (boxed, molded bars, chips & bites, truffles & cups, and others), type (milk, dark, and white), distribution channel (supermarkets & hypermarkets, convenience stores, online, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Chocolate Confectionery Market, Chocolate Confectionery Market Size, Chocolate Confectionery Market Growth, Chocolate Confectionery Market Analysis, Chocolate Confectionery Market Report, Chocolate Confectionery Market Share, Chocolate Confectionery Market Trends, Chocolate Confectionery Market Forecast, Chocolate Confectionery Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Chocolate Confectionery Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Chocolate Confectionery Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Chocolate Confectionery Market by Product
3.3.1: Boxed
3.3.2: Molded Bars
3.3.3: Chips & Bites
3.3.4: Truffles & Cups
3.3.5: Others
3.4: Global Chocolate Confectionery Market by Type
3.4.1: Milk
3.4.2: Dark
3.4.3: White
3.5: Global Chocolate Confectionery Market by Distribution Channel
3.5.1: Supermarkets & Hypermarkets
3.5.2: Convenience Stores
3.5.3: Online
3.5.4: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Chocolate Confectionery Market by Region
4.2: North American Chocolate Confectionery Market
4.2.2: North American Chocolate Confectionery Market by Distribution Channel: Supermarkets & Hypermarkets, Convenience Stores, Online, and Others
4.3: European Chocolate Confectionery Market
4.3.1: European Chocolate Confectionery Market by Product: Boxed, Molded Bars, Chips & Bites, Truffles & Cups, and Others
4.3.2: European Chocolate Confectionery Market by Distribution Channel: Supermarkets & Hypermarkets, Convenience Stores, Online, and Others
4.4: APAC Chocolate Confectionery Market
4.4.1: APAC Chocolate Confectionery Market by Product: Boxed, Molded Bars, Chips & Bites, Truffles & Cups, and Others
4.4.2: APAC Chocolate Confectionery Market by Distribution Channel: Supermarkets & Hypermarkets, Convenience Stores, Online, and Others
4.5: ROW Chocolate Confectionery Market
4.5.1: ROW Chocolate Confectionery Market by Product: Boxed, Molded Bars, Chips & Bites, Truffles & Cups, and Others
4.5.2: ROW Chocolate Confectionery Market by Distribution Channel: Supermarkets & Hypermarkets, Convenience Stores, Online, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Chocolate Confectionery Market by Product
6.1.2: Growth Opportunities for the Global Chocolate Confectionery Market by Type
6.1.3: Growth Opportunities for the Global Chocolate Confectionery Market by Distribution Channel
6.1.4: Growth Opportunities for the Global Chocolate Confectionery Market by Region
6.2: Emerging Trends in the Global Chocolate Confectionery Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Chocolate Confectionery Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Chocolate Confectionery Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: The Hershey Company
7.2: Ferrero
7.3: Chocoladefabriken Lindt & Sprüngli
7.4: Mars
7.5: Mondelēz International
7.6: Nestlé
7.7: CEMOI
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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