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Global Wine Chocolate Market By Wine Type, By Distribution Channel, By Form, By Regional Outlook, Industry Analysis Report and Forecast, 2021-2027

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    Report

  • 169 Pages
  • January 2022
  • Region: Global
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5553201

The Global Wine Chocolate Market is expected to reach $1.1 billion by 2027, rising at a market growth of 6.5% CAGR during the forecast period.

The wine chocolate is a delicious blend of chocolate and wine. These are mainly available in drinkable liquid & chewable bars and cubes. The chocolates and wine are considered equally healthy because both consist of fruits which are added with other natural ingredients to form a new substance. A combination of red wine and dark chocolate is one of the popular combinations. Various recipes are available to produce wine-infused chocolate which serve as a dessert as well as a wine.  

Rising awareness among consumers regarding the health benefits of wine chocolate is resulting in the high popularity of wine chocolate. Wine chocolates serve various benefits such as improving blood circulation, helping in losing weight, maintaining heart health, reducing bad cholesterol, and lowering blood pressure.

Also, the perfect and delicious combination of wine & chocolates attract the consumers, especially, those who consume wine. These chocolates are gaining immense popularity among the young generation as the wine chocolates are gifted at the occasions such as candlelight dinners & Valentine’s Day. 

Mixing up wine with chocolate is no doubt a nice idea as both of them are sweet and have fruity notes. But pairing them both needs a perfect mixture; otherwise, it may ruin the taste. Generally, chocolates are paired with sweeter wines to get wine chocolate. White chocolates are to be paired with light wines, because of the cream & butter flavor in these chocolates. Thus, if mixed with heavy wines, the taste will dominate the subtle chocolate taste.

Additionally, sweet wide and mild reds are perfect to pair with milk chocolates. Sparkling wines, especially with fruity flavors are the perfect combination for milk chocolates. Moreover, dark chocolates contain polyphenols which make them taste bitter. These chocolates are perfectly paired with bolder taste.




 


COVID-19 Impact Analysis


 



The outbreak of the COVID-19 pandemic has impacted almost all the sectors in one or another manner. The food and beverage industry witnessed a major negative impact of the pandemic. The wine chocolate market has recorded an unexpected decline in demand during the pandemic. This is due to the various restrictions imposed over the import & export of the products and the lockdown imposed in some of the countries in order to curb the spread of novel coronavirus which resulted in disruption of supply chains and reduced production capacity of enterprises due to lesser availability of workforce and raw material. 

Additionally, many of the organizations had to stop their operations due to the lesser demand in the market. Also, the unemployment and lesser incomes of the consumers due to the pandemic situation resulted in less consumption of the wine chocolates and thus hampered the wine chocolate market.


 


Market Growth Factors:


 


 


 


Development of Product Portfolio by Major Companies


 


In the modern era, the consumers have become more concerned about the quality of products instead of quantity. Thus, the improvement in the existing wine chocolate options and unveiling the new and better products which are produced as per the demand of the consumers is expected to help the market players to expand their product offerings. Moreover, seeing the shifting consumer trends towards these chocolates, manufacturing companies aims to launch new and attractive wine chocolate products.


 


Rising health Awareness


 


The rising health concern of consumers is resulting in changing diet preferences and the adoption of healthier food & beverages. Consumers are now shifting toward the consumption of less cholesterol saturated fat content and fibre-rich diet. Consumers with various health issues are adopting the consumption of wine chocolates. The health benefits that the combination of wine and chocolate serves along with its unique taste are attracting consumers.


 


Marketing Restraining Factor:


 


 


 


Excessive consumption may harm


 


Wine contains ethanol or alcohol due to which excess consumption of wine chocolates is not considered good. Irrespective of the various health benefits that the wine and wine chocolates serve, excessive consumption may also result in various health issues. The side effects of wine chocolates include confusion, flushing as well as continued mood swings in a few people. Consumption of wine chocolates in large amounts on regular basis can lead to serious diseases such as liver problems, various types of cancers, pancreas problems, mental problems, and heart problems.




 


Wine Type Outlook


 



By wine type, the wine chocolate market is segmented into white wine and red wine. The white wine segment acquired a significant revenue share of the overall Wine Chocolate market in 2020. The main factor responsible for boosting the demand for white wine chocolates is the lesser quantity of congeners present in it in comparison to the red wine. Thus, consuming this wine is associated with low chances of a hangover. Hence, these factors is expected to further propel the growth of the segment during the forecasting period.


 


Distribution Channel Outlook


 



Based on distribution channel, the wine chocolate market is classified into supermarkets/hypermarkets, convenience stores, specialty stores and online stores. The online stores segment showcased promising revenue share in the overall wine chocolate market in 2020. This is because online channels offer high convenience to the consumers including delivering the product at their doorstep, attractive discounts, and presence of many products at the online portal.


 


Form Outlook


 



On the basis of form, the wine chocolate market is fragmented into solid and liquid. The solid wine chocolate segment accounted for a significant revenue share in the wine chocolate market in 2020. The growing demand for solid wine chocolates is because of the availability of these chocolates in different shapes & textures. Moreover, this form of wine chocolates is preferred more for gifting purposes.


 


Regional Outlook


 



Region wise, the wine chocolate market is analysed in North America, Europe, Asia Pacific, and LAMEA. In 2020, the Europe region acquired the maximum revenue share in the market and thus dominated the wine chocolate market. The dominance is the result of the consumption of healthy chocolates and other confectionery items due to rising health awareness among consumers in the countries like Germany & the United Kingdom.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Raaka Chocolate Ltd., Ferrero International S.A., Lindt & Sprungli AG, Yildiz Holding A.S., NEUHAUS, Alfred Ritter GmbH & Co. KG, Duc d'O (Baronie), Halloren Chocolate Factory AG (Charlie Investors S.a.r.l.), and Toms Group A/S.


 


Recent Strategy Deployed in Wine Chocolate Market


 


  • Apr-2018: Ferrero took over US confectionery business along with 20 of its brands such as Butterfinger, BabyRuth, Crunch, and SweeTarts of Nestlé’s, the world's largest food and beverage company.

 


 


 


Scope of the Study


 


 


 


Market Segments Covered in the Report:


 


 


 


By Wine Type


 


  • Red Wine
  • White Wine
  • Others

 


By Distribution Channel


 


  • Specialty Stores
  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Online Stores

 


By Form


 


  • Liquid
  • Solid

 


 


 


By Geography


 


  • North America
  • US
  • Canada
  • Mexico
  • Rest of North America
  • Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
  • LAMEA
  • Brazil
  • Argentina
  • UAE
  • Egypt
  • South Africa
  • Nigeria
  • Rest of LAMEA

 


Key Market Players


 


 


 


List of Companies Profiled in the Report:


 


  • Raaka Chocolate Ltd.
  • Ferrero International S.A.
  • Lindt & Sprungli AG
  • Yildiz Holding A.S.
  • NEUHAUS
  • Alfred Ritter GmbH & Co. KG
  • Duc d'O (Baronie)
  • Halloren Chocolate Factory AG (Charlie Investors S.a.r.l.)
  • Toms Group A/S

 


 


 


Unique Offerings from the Publisher


 


  • Exhaustive coverage
  • The highest number of market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

 


 

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Wine Chocolate Market, by Wine Type
1.4.2 Global Wine Chocolate Market, by Distribution Channel
1.4.3 Global Wine Chocolate Market, by Form
1.4.4 Global Wine Chocolate Market, by Geography
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Global Wine Chocolate Market by Wine Type
3.1 Global Red Wine Market by Region
3.2 Global White Wine Market by Region
3.3 Global Others Market by Region
Chapter 4. Global Wine Chocolate Market by Distribution Channel
4.1 Global Specialty Stores Market by Region
4.2 Global Supermarkets/Hypermarkets Market by Region
4.3 Global Convenience Stores Market by Region
4.4 Global Online Stores Market by Region
Chapter 5. Global Wine Chocolate Market by Form
5.1 Global Liquid Market by Region
5.2 Global Solid Market by Region
Chapter 6. Global Wine Chocolate Market by Region
6.1 North America Wine Chocolate Market
6.1.1 North America Wine Chocolate Market by Wine Type
6.1.1.1 North America Red Wine Market by Country
6.1.1.2 North America White Wine Market by Country
6.1.1.3 North America Others Market by Country
6.1.2 North America Wine Chocolate Market by Distribution Channel
6.1.2.1 North America Specialty Stores Market by Country
6.1.2.2 North America Supermarkets/Hypermarkets Market by Country
6.1.2.3 North America Convenience Stores Market by Country
6.1.2.4 North America Online Stores Market by Country
6.1.3 North America Wine Chocolate Market by Form
6.1.3.1 North America Liquid Market by Country
6.1.3.2 North America Solid Market by Country
6.1.4 North America Wine Chocolate Market by Country
6.1.4.1 US Wine Chocolate Market
6.1.4.1.1 US Wine Chocolate Market by Wine Type
6.1.4.1.2 US Wine Chocolate Market by Distribution Channel
6.1.4.1.3 US Wine Chocolate Market by Form
6.1.4.2 Canada Wine Chocolate Market
6.1.4.2.1 Canada Wine Chocolate Market by Wine Type
6.1.4.2.2 Canada Wine Chocolate Market by Distribution Channel
6.1.4.2.3 Canada Wine Chocolate Market by Form
6.1.4.3 Mexico Wine Chocolate Market
6.1.4.3.1 Mexico Wine Chocolate Market by Wine Type
6.1.4.3.2 Mexico Wine Chocolate Market by Distribution Channel
6.1.4.3.3 Mexico Wine Chocolate Market by Form
6.1.4.4 Rest of North America Wine Chocolate Market
6.1.4.4.1 Rest of North America Wine Chocolate Market by Wine Type
6.1.4.4.2 Rest of North America Wine Chocolate Market by Distribution Channel
6.1.4.4.3 Rest of North America Wine Chocolate Market by Form
6.2 Europe Wine Chocolate Market
6.2.1 Europe Wine Chocolate Market by Wine Type
6.2.1.1 Europe Red Wine Market by Country
6.2.1.2 Europe White Wine Market by Country
6.2.1.3 Europe Others Market by Country
6.2.2 Europe Wine Chocolate Market by Distribution Channel
6.2.2.1 Europe Specialty Stores Market by Country
6.2.2.2 Europe Supermarkets/Hypermarkets Market by Country
6.2.2.3 Europe Convenience Stores Market by Country
6.2.2.4 Europe Online Stores Market by Country
6.2.3 Europe Wine Chocolate Market by Form
6.2.3.1 Europe Liquid Market by Country
6.2.3.2 Europe Solid Market by Country
6.2.4 Europe Wine Chocolate Market by Country
6.2.4.1 Germany Wine Chocolate Market
6.2.4.1.1 Germany Wine Chocolate Market by Wine Type
6.2.4.1.2 Germany Wine Chocolate Market by Distribution Channel
6.2.4.1.3 Germany Wine Chocolate Market by Form
6.2.4.2 UK Wine Chocolate Market
6.2.4.2.1 UK Wine Chocolate Market by Wine Type
6.2.4.2.2 UK Wine Chocolate Market by Distribution Channel
6.2.4.2.3 UK Wine Chocolate Market by Form
6.2.4.3 France Wine Chocolate Market
6.2.4.3.1 France Wine Chocolate Market by Wine Type
6.2.4.3.2 France Wine Chocolate Market by Distribution Channel
6.2.4.3.3 France Wine Chocolate Market by Form
6.2.4.4 Russia Wine Chocolate Market
6.2.4.4.1 Russia Wine Chocolate Market by Wine Type
6.2.4.4.2 Russia Wine Chocolate Market by Distribution Channel
6.2.4.4.3 Russia Wine Chocolate Market by Form
6.2.4.5 Spain Wine Chocolate Market
6.2.4.5.1 Spain Wine Chocolate Market by Wine Type
6.2.4.5.2 Spain Wine Chocolate Market by Distribution Channel
6.2.4.5.3 Spain Wine Chocolate Market by Form
6.2.4.6 Italy Wine Chocolate Market
6.2.4.6.1 Italy Wine Chocolate Market by Wine Type
6.2.4.6.2 Italy Wine Chocolate Market by Distribution Channel
6.2.4.6.3 Italy Wine Chocolate Market by Form
6.2.4.7 Rest of Europe Wine Chocolate Market
6.2.4.7.1 Rest of Europe Wine Chocolate Market by Wine Type
6.2.4.7.2 Rest of Europe Wine Chocolate Market by Distribution Channel
6.2.4.7.3 Rest of Europe Wine Chocolate Market by Form
6.3 Asia Pacific Wine Chocolate Market
6.3.1 Asia Pacific Wine Chocolate Market by Wine Type
6.3.1.1 Asia Pacific Red Wine Market by Country
6.3.1.2 Asia Pacific White Wine Market by Country
6.3.1.3 Asia Pacific Others Market by Country
6.3.2 Asia Pacific Wine Chocolate Market by Distribution Channel
6.3.2.1 Asia Pacific Specialty Stores Market by Country
6.3.2.2 Asia Pacific Supermarkets/Hypermarkets Market by Country
6.3.2.3 Asia Pacific Convenience Stores Market by Country
6.3.2.4 Asia Pacific Online Stores Market by Country
6.3.3 Asia Pacific Wine Chocolate Market by Form
6.3.3.1 Asia Pacific Liquid Market by Country
6.3.3.2 Asia Pacific Solid Market by Country
6.3.4 Asia Pacific Wine Chocolate Market by Country
6.3.4.1 China Wine Chocolate Market
6.3.4.1.1 China Wine Chocolate Market by Wine Type
6.3.4.1.2 China Wine Chocolate Market by Distribution Channel
6.3.4.1.3 China Wine Chocolate Market by Form
6.3.4.2 Japan Wine Chocolate Market
6.3.4.2.1 Japan Wine Chocolate Market by Wine Type
6.3.4.2.2 Japan Wine Chocolate Market by Distribution Channel
6.3.4.2.3 Japan Wine Chocolate Market by Form
6.3.4.3 India Wine Chocolate Market
6.3.4.3.1 India Wine Chocolate Market by Wine Type
6.3.4.3.2 India Wine Chocolate Market by Distribution Channel
6.3.4.3.3 India Wine Chocolate Market by Form
6.3.4.4 South Korea Wine Chocolate Market
6.3.4.4.1 South Korea Wine Chocolate Market by Wine Type
6.3.4.4.2 South Korea Wine Chocolate Market by Distribution Channel
6.3.4.4.3 South Korea Wine Chocolate Market by Form
6.3.4.5 Singapore Wine Chocolate Market
6.3.4.5.1 Singapore Wine Chocolate Market by Wine Type
6.3.4.5.2 Singapore Wine Chocolate Market by Distribution Channel
6.3.4.5.3 Singapore Wine Chocolate Market by Form
6.3.4.6 Malaysia Wine Chocolate Market
6.3.4.6.1 Malaysia Wine Chocolate Market by Wine Type
6.3.4.6.2 Malaysia Wine Chocolate Market by Distribution Channel
6.3.4.6.3 Malaysia Wine Chocolate Market by Form
6.3.4.7 Rest of Asia Pacific Wine Chocolate Market
6.3.4.7.1 Rest of Asia Pacific Wine Chocolate Market by Wine Type
6.3.4.7.2 Rest of Asia Pacific Wine Chocolate Market by Distribution Channel
6.3.4.7.3 Rest of Asia Pacific Wine Chocolate Market by Form
6.4 LAMEA Wine Chocolate Market
6.4.1 LAMEA Wine Chocolate Market by Wine Type
6.4.1.1 LAMEA Red Wine Market by Country
6.4.1.2 LAMEA White Wine Market by Country
6.4.1.3 LAMEA Others Market by Country
6.4.2 LAMEA Wine Chocolate Market by Distribution Channel
6.4.2.1 LAMEA Specialty Stores Market by Country
6.4.2.2 LAMEA Supermarkets/Hypermarkets Market by Country
6.4.2.3 LAMEA Convenience Stores Market by Country
6.4.2.4 LAMEA Online Stores Market by Country
6.4.3 LAMEA Wine Chocolate Market by Form
6.4.3.1 LAMEA Liquid Market by Country
6.4.3.2 LAMEA Solid Market by Country
6.4.4 LAMEA Wine Chocolate Market by Country
6.4.4.1 Brazil Wine Chocolate Market
6.4.4.1.1 Brazil Wine Chocolate Market by Wine Type
6.4.4.1.2 Brazil Wine Chocolate Market by Distribution Channel
6.4.4.1.3 Brazil Wine Chocolate Market by Form
6.4.4.2 Argentina Wine Chocolate Market
6.4.4.2.1 Argentina Wine Chocolate Market by Wine Type
6.4.4.2.2 Argentina Wine Chocolate Market by Distribution Channel
6.4.4.2.3 Argentina Wine Chocolate Market by Form
6.4.4.3 UAE Wine Chocolate Market
6.4.4.3.1 UAE Wine Chocolate Market by Wine Type
6.4.4.3.2 UAE Wine Chocolate Market by Distribution Channel
6.4.4.3.3 UAE Wine Chocolate Market by Form
6.4.4.4 Egypt Wine Chocolate Market
6.4.4.4.1 Egypt Wine Chocolate Market by Wine Type
6.4.4.4.2 Egypt Wine Chocolate Market by Distribution Channel
6.4.4.4.3 Egypt Wine Chocolate Market by Form
6.4.4.5 South Africa Wine Chocolate Market
6.4.4.5.1 South Africa Wine Chocolate Market by Wine Type
6.4.4.5.2 South Africa Wine Chocolate Market by Distribution Channel
6.4.4.5.3 South Africa Wine Chocolate Market by Form
6.4.4.6 Nigeria Wine Chocolate Market
6.4.4.6.1 Nigeria Wine Chocolate Market by Wine Type
6.4.4.6.2 Nigeria Wine Chocolate Market by Distribution Channel
6.4.4.6.3 Nigeria Wine Chocolate Market by Form
6.4.4.7 Rest of LAMEA Wine Chocolate Market
6.4.4.7.1 Rest of LAMEA Wine Chocolate Market by Wine Type
6.4.4.7.2 Rest of LAMEA Wine Chocolate Market by Distribution Channel
6.4.4.7.3 Rest of LAMEA Wine Chocolate Market by Form
Chapter 7. Company Profiles
7.1 Raaka Chocolate Ltd.
7.1.1 Company Overview
7.2 Ferrero International S.A.
7.2.1 Company Overview
7.2.2 Recent strategies and developments
7.2.2.1 Partnerships, Collaborations, and Agreements
7.3 Lindt & Sprungli AG
7.3.1 Company Overview
7.4 Yildiz Holdings A.S.
7.4.1 Company Overview
7.5 NEUHAUS
7.5.1 Company Overview
7.6 Alfred Ritter GmbH & Co. KG
7.6.1 Company Overview
7.7 Duc d'O (Baronie)
7.7.1 Company Overview
7.8 Halloren Chocolate Factory AG (Charlie Investors S.a.r.l.)
7.8.1 Company Overview
7.9 Toms Group A/S
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Regional Analysis

Companies Mentioned

  • Raaka Chocolate Ltd.
  • Ferrero International S.A.
  • Lindt & Sprungli AG
  • Yildiz Holding A.S.
  • NEUHAUS
  • Alfred Ritter GmbH & Co. KG
  • Duc d'O (Baronie)
  • Halloren Chocolate Factory AG (Charlie Investors S.a.r.l.)
  • Toms Group A/S

Methodology

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