Retail value sales of chocolate confectionery are expected to continue growing at a moderate pace, while volume sales are set to remain flat over the forecast period. Although cocoa prices are projected to stabilise after peaking in 2024, they are likely to remain relatively high.
Across the forecast period, companies in chocolate confectionery are expected to focus heavily on digital media and more personalised products and campaigns. Gen Z, in particular, is a tech-savvy generation with high levels of digital media engagement.
Health and wellness will continue to be an important focal point for consumers across the forecast period. Consumers in Canada are increasingly improving their knowledge on healthy lifestyle and trying to incorporate health-focused actions, a trend that is expected to be ongoing.
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Understand the latest market trends and future growth opportunities for the Chocolate Confectionery industry in Canada with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Chocolate Confectionery industry in Canada, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
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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