Chocolate Retail Trends and Forecast
The future of the global chocolate retail market looks promising with opportunities in the supermarket, hypermarket, and convenience store markets. The global chocolate retail market is expected to grow with a CAGR of 3.4% from 2024 to 2030. The major drivers for this market are growing popularity of chocolate gifts for holidays and special occasions, increasing consumer acceptance of dark chocolate, and changing consumer tastes towards candy bars.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Chocolate Retail by Segment
The study includes a forecast for the global chocolate retail by product type, form, distribution channel, and region.
Chocolate Retail Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
• Dark Chocolate
• Milk Chocolate
• White Chocolate
• Ruby Chocolate
Chocolate Retail Market by Form [Shipment Analysis by Value from 2018 to 2030]:
• Bars
• Liquid
• Powder
Chocolate Retail Market by Distribution Channel [Shipment Analysis by Value from 2018 to 2030]:
• Supermarket
• Hypermarket
• Convenience Stores
• Others
Chocolate Retail Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Chocolate Retail 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 retail companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the chocolate retail companies profiled in this report include-
• Chocoladefabriken Lindt & Sprungli
• Ezaki Glico
• Ferrero International
• Hershey Company
• Mars
• Meiji Holdings
• Mondelez International
• Nestle
• Orion Corporation
• Yildiz Holding
Chocolate Retail Market Insights
Lucintel forecasts that milk chocolate is expected to witness highest growth over the forecast period.
Within this market, supermarket is expected to witness highest growth over the forecast period.
Europe is expected to witness highest growth over the forecast period.
Features of the Global Chocolate Retail Market
Market Size Estimates: Chocolate retail market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Chocolate retail market size by product type, form, distribution channel, and region in terms of value ($B).
Regional Analysis: Chocolate retail market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product types, forms, distribution channels, and regions for the chocolate retail market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the chocolate retail market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for chocolate retail market?
Answer: The global chocolate retail market is expected to grow with a CAGR of 3.4% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the chocolate retail market?
Answer: The major drivers for this market are growing popularity of chocolate gifts for holidays and special occasions, increasing consumer acceptance of dark chocolate, and changing consumer tastes towards candy bars.
Q3. What are the major segments for chocolate retail market?
Answer: The future of the chocolate retail market looks promising with opportunities in the supermarket, hypermarket, and convenience store markets.
Q4. Who are the key chocolate retail market companies?
Answer: Some of the key chocolate retail companies are as follows:
• Chocoladefabriken Lindt & Sprungli
• Ezaki Glico
• Ferrero International
• Hershey Company
• Mars
• Meiji Holdings
• Mondelez International
• Nestle
• Orion Corporation
• Yildiz Holding
Q5. Which chocolate retail market segment will be the largest in future?
Answer: Lucintel forecasts that milk chocolate is expected to witness highest growth over the forecast period.
Q6. In chocolate retail market, which region is expected to be the largest in next 5 years?
Answer: Europe is expected to witness highest growth over the forecast period.
Q7. 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 retail market by product type (dark chocolate, milk chocolate, white chocolate, and ruby chocolate), form (bars, liquid, and powder), distribution channel (supermarket, hypermarket, convenience stores, 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 Retail Market, Chocolate Retail Market Size, Chocolate Retail Market Growth, Chocolate Retail Market Analysis, Chocolate Retail Market Report, Chocolate Retail Market Share, Chocolate Retail Market Trends, Chocolate Retail Market Forecast, Chocolate Retail Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.