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Chocolate Retail Market Report: Trends, Forecast and Competitive Analysis to 2030

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    Report

  • 150 Pages
  • July 2024
  • Region: Global
  • Lucintel
  • ID: 5993605

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.

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 & Sprüngli
  • Ezaki Glico
  • Ferrero International
  • Hershey Company
  • Mars
  • Meiji Holdings
  • Mondelez International
  • Nestle
  • Orion Corporation
  • Yildiz Holding

Chocolate Retail Market Insights

The publisher forecasts that milk chocolate is expected to witness the highest growth over the forecast period.
Within this market, supermarket is expected to witness the highest growth over the forecast period.
Europe is expected to witness the 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 & Sprüngli
  • 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: The publisher forecasts that milk chocolate is expected to witness the 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 the highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.

This report answers the 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?


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Table of Contents

1. Executive Summary
2. Global Chocolate Retail 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 Retail Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Chocolate Retail Market by Product Type
3.3.1: Dark Chocolate
3.3.2: Milk Chocolate
3.3.3: White Chocolate
3.3.4: Ruby Chocolate
3.4: Global Chocolate Retail Market by Form
3.4.1: Bars
3.4.2: Liquid
3.4.3: Powder
3.5: Global Chocolate Retail Market by Distribution Channel
3.5.1: Supermarket
3.5.2: Hypermarket
3.5.3: Convenience Stores
3.5.4: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Chocolate Retail Market by Region
4.2: North American Chocolate Retail Market
4.2.1: North American Chocolate Retail Market by Product Type: Dark Chocolate, Milk Chocolate, White Chocolate, and Ruby Chocolate
4.2.2: North American Chocolate Retail Market by Distribution Channel: Supermarket, Hypermarket, Convenience Stores, and Others
4.3: European Chocolate Retail Market
4.3.1: European Chocolate Retail Market by Product Type: Dark Chocolate, Milk Chocolate, White Chocolate, and Ruby Chocolate
4.3.2: European Chocolate Retail Market by Distribution Channel: Supermarket, Hypermarket, Convenience Stores, and Others
4.4: APAC Chocolate Retail Market
4.4.1: APAC Chocolate Retail Market by Product Type: Dark Chocolate, Milk Chocolate, White Chocolate, and Ruby Chocolate
4.4.2: APAC Chocolate Retail Market by Distribution Channel: Supermarket, Hypermarket, Convenience Stores, and Others
4.5: ROW Chocolate Retail Market
4.5.1: ROW Chocolate Retail Market by Product Type: Dark Chocolate, Milk Chocolate, White Chocolate, and Ruby Chocolate
4.5.2: ROW Chocolate Retail Market by Distribution Channel: Supermarket, Hypermarket, Convenience Stores, 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 Retail Market by Product Type
6.1.2: Growth Opportunities for the Global Chocolate Retail Market by Form
6.1.3: Growth Opportunities for the Global Chocolate Retail Market by Distribution Channel
6.1.4: Growth Opportunities for the Global Chocolate Retail Market by Region
6.2: Emerging Trends in the Global Chocolate Retail Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Chocolate Retail Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Chocolate Retail Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Chocoladefabriken Lindt & Sprüngli
7.2: Ezaki Glico
7.3: Ferrero International
7.4: Hershey Company
7.5: Mars
7.6: Meiji Holdings
7.7: Mondelez International
7.8: Nestle
7.9: Orion Corporation
7.10: Yildiz Holding

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Chocoladefabriken Lindt & Sprüngli
  • Ezaki Glico
  • Ferrero International
  • Hershey Company
  • Mars
  • Meiji Holdings
  • Mondelez International

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the 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 the 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 professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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