Chocolate confectionery is expected to steady growth over the forecast period in retail volume terms, although growth will remain stronger in value terms. Prices will increase initially, mainly due to the rise in cocoa prices, which could put a dampener on volume growth.
Chocolate pouches and bags, boxed assortments, countlines, and seasonal chocolate are expected to be the most dynamic categories, but for different reasons. Sales of chocolate pouches and bags and countlines will likely benefit from their impulse character and the increasing demand for on-the-go consumption.
Despite the growing number of speciality and healthier chocolate products like organic and vegan, the producers of conventional chocolate confectionery will continue to dominate with their comprehensive product portfolios and excellent distribution reach. The competition between the best-selling companies – Mondelez, Ferrero, Mars, Nestlé, Lindt, and August Storck – will likely increase.
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Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
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Chocolate Confectionery
This is the aggregation of tablets, countlines, chocolate pouches and bags, boxed assortments, seasonal chocolate, chocolate with toys, and other chocolate confectionery. Nuts and fruits covered in chocolate are included in this category. Note that chocolate overtly positioned for baking/cooking purposes is excluded from Euromonitor International's confectionery coverage.
See All of Our DefinitionsThis report originates from Passport, our Chocolate Confectionery research and analysis database.
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