Global Chocolate Market 2019-2023 - Product Image

Global Chocolate Market 2019-2023

  • ID: 4704161
  • Report
  • Region: Global
  • 126 pages
  • TechNavio
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FEATURED COMPANIES

  • Ferrero
  • Mars
  • Mondel?z International
  • Nestlé
  • The Hershey Company
  • MORE
With the aim to increase shelf life and revive customer interest, vendors in the chocolate market are introducing a range of new and creative packaging and branding to attract customer attention. It helps in capturing interest and curiosity of consumers and is often considered an extension of the brand value. Therefore, packaging has become a key aspect of brand marketing, which drives the key vendors to constantly innovate.

For example, in September 2017, Mondelez International partnered with packaging design agency Bulletproof to create a contemporary new brand identity and packaging design for its Premium Chocolate brand GREEN & BLACK’S for its new Pure Dark and Pure Milk chocolate bars. This factor is expected to boost the chocolate market worldwide. The analysts have predicted that the chocolate market will register a CAGR of close to 7 % by 2023.

Market Overview

Increasing premiumization of chocolates

Globally, the demand for premium chocolates is growing, especially in emerging economies such as the China, India, and Brazil. Vendors such as Mars, Barry Callebaut, and Mondelez International are increasing efforts to improve premiumization, personalization, and differentiation in their chocolate segments with new premium offerings. Therefore, the increasing demand for premium chocolates will spur the growth of the market.

Volatility in price of raw materials


One of the primary challenges impacting the growth of the chocolate market is the volatility in the price range of major ingredients such as cocoa and sugar. The increase in the prices of raw material forces players to increase the final product price.

For the detailed list of factors that will drive and challenge the growth of the chocolates market during 2019-2023, view this report.

Competitive Landscape

The chocolate market appears to be fragmented owing to the presence of a considerable number of companies and the competitive environment of the market is quite intense with all companies striving to improve their market position. Factors such as the increasing premiumization of chocolates and the increasing packaging innovations to spur the growth of the market. Some of the top companies in the chocolate market include Chocoladefabriken Lindt & Sprüngli, Ferrero, Mars, Mondelez International, Nestlé, and The Hershey Company.

‘With the presence of a considerable number of companies, this market appears to be fragmented. This market research report will help clients identify new growth opportunities. Companies in the chocolate market are focusing on improving the packaging of chocolates in order to increase brand value by capturing consumer attention.’
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Ferrero
  • Mars
  • Mondel?z International
  • Nestlé
  • The Hershey Company
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION
  • Market outline
PART 05: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 06: MARKET SIZING
  • Market definition
  • Market sizing
  • Market size and forecast
PART 07: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market Condition
PART 08: MARKET SEGMENTATION
  • Analysis by segmentation
  • Comparison by segmentation
  • Market opportunity by segmentation
PART 09: REGIONAL LANDSCAPE
  • Geographical segmentation
  • Regional comparison
  • Key leading countries
  • Market opportunity
PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 12: MARKET TRENDS

PART 13: VENDOR LANDSCAPE

PART 14: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market Positioning of Vendors
PART 15: APPENDIX
  • List of abbreviations
List of Exhibits
Exhibit 01: Years in consideration
Exhibit 02: Currency conversion rates for US$
Exhibit 03: Global packaged food market
Exhibit 04: Segments of global packaged food market
Exhibit 05: Market characteristics
Exhibit 06: Market segments
Exhibit 07: Market definition - Inclusions and exclusions checklist
Exhibit 08: Market size 2018
Exhibit 09: Global market: Size and forecast 2018-2023 ($ millions)
Exhibit 10: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 11: Five forces analysis 2018
Exhibit 12: Five forces analysis 2023
Exhibit 13: Bargaining power of buyers
Exhibit 14: Bargaining power of suppliers
Exhibit 15: Threat of new entrants
Exhibit 16: Threat of substitutes
Exhibit 17: Threat of rivalry
Exhibit 18: Market condition - Five forces 2018
Exhibit 19: Product - Market share 2018-2023 (%)
Exhibit 20: Comparison by product
Exhibit 21: Milk chocolate - Market size and forecast 2018-2023 ($ millions)
Exhibit 22: Milk chocolate - Year-over-year growth 2019-2023 (%)
Exhibit 23: Dark chocolate - Market size and forecast 2018-2023 ($ millions)
Exhibit 24: Dark chocolate - Year-over-year growth 2019-2023 (%)
Exhibit 25: White chocolate - Market size and forecast 2018-2023 ($ millions)
Exhibit 26: White chocolate - Year-over-year growth 2019-2023 (%)
Exhibit 27: Market opportunity by product
Exhibit 28: Customer landscape
Exhibit 29: Market share by geography 2018-2023 (%)
Exhibit 30: Geographic comparison
Exhibit 31: EMEA - Market size and forecast 2018-2023 ($ millions)
Exhibit 32: EMEA - Year-over-year growth 2019-2023 (%)
Exhibit 33: Americas - Market size and forecast 2018-2023 ($ millions)
Exhibit 34: Americas - Year-over-year growth 2019-2023 (%)
Exhibit 35: APAC - Market size and forecast 2018-2023 ($ millions)
Exhibit 36: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 37: Key leading countries
Exhibit 38: Market opportunity
Exhibit 39: Recent product launches
Exhibit 40: Impact of drivers and challenges
Exhibit 41: Key M&A in the global catering market
Exhibit 42: Vendor landscape
Exhibit 43: Landscape disruption
Exhibit 44: Vendors covered
Exhibit 45: Vendor_analysis1
Exhibit 46: Vendor classification
Exhibit 47: Market positioning of vendors
Exhibit 48: Chocoladefabriken Lindt & Sprüngli - Vendor overview
Exhibit 49: Chocoladefabriken Lindt & Sprüngli - Business segments
Exhibit 50: Chocoladefabriken Lindt & Sprüngli - Organizational developments
Exhibit 51: Chocoladefabriken Lindt & Sprüngli - Geographic focus
Exhibit 52: Chocoladefabriken Lindt & Sprüngli - Key offerings
Exhibit 53: Ferrero - Vendor overview
Exhibit 54: Ferrero - Product segments
Exhibit 55: Ferrero - Organizational developments
Exhibit 56: Ferrero - Key offerings
Exhibit 57: Mars - Vendor overview
Exhibit 58: Mars - Product segments
Exhibit 59: Mars - Organizational developments
Exhibit 60: Mars - Key offerings
Exhibit 61: Mondelez International - Vendor overview
Exhibit 62: Mondelez International - Business segments
Exhibit 63: Mondelez International - Organizational developments
Exhibit 64: Mondelez International - Geographic focus
Exhibit 65: Mondelez International - Segment focus
Exhibit 66: Mondelez International - Key offerings
Exhibit 67: Nestlé - Vendor overview
Exhibit 68: Nestlé - Business segments
Exhibit 69: Nestlé - Organizational developments
Exhibit 70: Nestlé - Geographic focus
Exhibit 71: Nestlé - Segment focus
Exhibit 72: Nestlé - Key offerings
Exhibit 73: The Hershey Company - Vendor overview
Exhibit 74: The Hershey Company - Business segments
Exhibit 75: The Hershey Company - Organizational developments
Exhibit 76: The Hershey Company - Geographic focus
Exhibit 77: The Hershey Company - Key offerings
Exhibit 78: Research framework
Exhibit 79: Validation techniques employed for market sizing
Exhibit 80: Information sources
Exhibit 81: List of abbreviations
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Ferrero
  • Mars
  • Mondel?z International
  • Nestlé
  • The Hershey Company
  • MORE
Global Chocolate Market 2019-2023

The author of the report recognizes the following companies as the key players in the global chocolate market: Chocoladefabriken Lindt & Sprüngli, Ferrero, Mars, Mondelez International, Nestlé, and The Hershey Company.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the increasing packaging innovations.”

According to the report, one of the major drivers for this market is Increasing premiumization of chocolates.

Further, the report states that one of the major factors hindering the growth of this market is volatility in price of raw materials.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • Chocoladefabriken Lindt & Sprüngli
  • Ferrero
  • Mars
  • Mondel?z International
  • Nestlé
  • The Hershey Company
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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