Chocolate Confectionery Market - Forecast(2024 - 2030)

Report Code: FBR 0407 Report Format: PDF + Excel

Chocolate Confectionery Market Overview –

The chocolate confectionery market is one such division that is not restricted to any age. For most of the global population, the age has never acted as a hindrance for divulging into chocolates to satisfy their taste buds. The market has been growing promisingly for a decade now and the innovations with flavors and textures are adding up to the expansion of the marketplace. Furthermore, the growing number of consumers intrigued by the outrageous trends of organic chocolate, no added sugar chocolates are fueling such experiments, thereby contributing to the chocolate confectionery market. In September 2019, Pladis and Starfrost underwent a merger to upgrade its spiral cooling system to reform its McVitie's Hobnob Chocolate Flapjacks through precise temperature reduction. The cooling system helps the manufacturers to create space to implement a completely new segment within their bakery without compromising their output capacity and enhancing the quality of the product. This innovation will attract innumerable consumers, therefore, heightening the chocolate confectionery market growth in the upcoming years.

As of 2018, the chocolate confectionery market collected a revenue avenue of around $129.93 billion, which is projected to increase at a CAGR of 2.49% during the forecast period 2019-2025.

Europe Chocolate Confectionery Market Outlook:

Chocolate confectionery production process either includes processed chocolates or cacao beans as the principal raw material. Primarily, Europe delivers a multifarious range of chocolate products such as Fry's chocolate cream, milk chocolate, dark chocolate, white chocolate, and others, thus, leveraging the chocolate confectionery market scope across the region. Europe grabbed the highest chocolate confectionery market share with 40.16% amidst the global market in 2018.

Here are the growth drivers and trends contributing to the expansion of the Europe chocolate confectionery market –

· Germany Creates an Impact on the Europe Chocolate Confectionery Marketplace –

Germany acts as the center for Europe chocolate confectionery market. After the Netherlands, Germany is the largest importer of cacao beans in Europe with a share of 19%. With a value exceeding $1,103 billion of more than 449 thousand tons of cocoa was imported by Germany in 2017. Also, Gepa – The Fair-Trade Company in Germany presented a white organic yogurt chocolate bar infused with pepper and lemon zest. Moreover, another German company named Kaoka has invented organic dark chocolate with buttery crispy crépes. All these innovations and Germany's import values will directly create an impact on the increase of the chocolate confectionery market demand in the upcoming years.

Chocolate Confectionery Market Analysis: Key Application

The global cocoa and chocolate market generated revenue of $49.757 billion in 2017 and is estimated to surpass $61.6 billion by 2022, growing at a CAGR of 4.4%. Several forms of chocolate confectioneries made from cocoa are available in the market such as chocolate lollipops, molded bars, and tablets, twist wrapped miniatures, seasonal chocolate, and others. However, the most significant utilization of chocolate confectionery is witnessed in the form of count-lines. This segment stands out in the chocolate confectionery sector due to its innovations and new proposals. Furthermore, the urge for natural ingredients, easy to eat and carry formats, and its sustainability with the environment is creating a demand influx of this specific segment in the chocolate confectionery market. The Bühler’s process technology combined with Bepex know-how during the production system is growing significantly across the world in the field of chocolate count-lines. This process that can handle binders of any consistency and aerated and non-aerated masses, produce products of the state-of-the-art level. This attracts consumers, hence, the countlines segment garners the most attention. The utilization of countlines chocolate is expected to increase at a CAGR of 2.27% during the forecast period 2019-2025.

Chocolate Confectionery Market Trends & Growth Drivers:

Owing to the rise in the customer outreach activities by the manufacturing companies, the global chocolate confectionery market is thriving. These companies are constantly investing in research and development to bring innovation in the form of taste, packaging, and others to attract more customers.

Here are the trends and growth drivers that are creating an upsurge in the global chocolate confectionery market –

· Adoption of Mint Flavor to Drive the Global Chocolate Confectioner Marketplace –

Mint is slowly becoming one of the most loved and wanted flavors in the food and beverage industry. In 2017, the world produced around 99,768k tons of peppermint. A substantial part of it was utilized in bringing innovation in the chocolate confectionery market. In April, the Hershey Co. declared a new Kit Kat flavor in the US. Dark chocolate mixed with kit kat duos mint is going to attract the consumers as they have been eagerly waiting for a new flavor. This is going to create a demand influx in the chocolate confectionery market.

· Innovia Films Novel Packaging Films to Boost the Chocolate Confectionery Market –

This transparent high barrier packaging is used in laminate constructions to be recycled after usage. Now, almost 80% of ocean plastic comes from land-based sources. A part of this waste is created by the wrappers and plastics used in the packaging of chocolate confectioneries. This unique packaging will help to create a plastic-free environment. Therefore, this will attract chocolate confectionery market leaders for better packaging and reap off profitable returns in the upcoming years.

· 3D Printing Technology to Drive the Chocolate Confectionery Market -

With the advent of the 3D printing technology, it is slowly making a mark in the food and beverage sector, as 3D food printing is gaining traction. Recently, a startup launched a crowdfunding campaign and created a machine called Mycusini that can be called the world's first plug and play 3D food printer. The global 3D printing market is expected to grow at a CAGR of 20.5% from 2018 to 2023. Post the invention, a part of this market will be invested in printing chocolates at an attractive price. Thus, this innovation will attract the consumers and the chocolate confectionery market leaders are going to get profited in the next years.

Chocolate Confectionery Market: Competitive Landscape

The principal business leaders who are currently holding maximum chocolate confectionery market shares in the world and are focusing on the expansion of their manufacturing capacity to gain an edge over other market players are Nestlé S.A., Ferrero Group, Mars, Incorporated, Mondel?z International, Inc., The Hershey Company, Belcholat Chocolate JSC., August Storck KG, Maestrani Schweizer Schokoladen AG, Chocoladefabriken Lindt & Sprüngli AG, Guylian, and others.

Chocolate Confectionery Market Research Scope:

The base year of the study is 2018, with forecast done up to 2025. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the chocolate confectionery market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The chocolate confectionery market research report also analyses the application of chocolate confectionery in various sectors such as packaging, building & construction, automotive, and others.

Chocolate Confectionery Market Report: Industry Coverage

This report also documents the chocolate confectionery market based on strategic analysis that includes value chain analysis, pricing analysis, opportunities analysis, product/market life cycle analysis, suppliers and distributors.

Chocolate confectionery market can be divided into several types such as countlines, alfajores bagged, selflines/softlines, molded bars & tablets, and others and the report gives an insight into it.

The chocolate confectionery market report also analyzes the major geographic regions as well as the major countries in these regions. The regions and countries covered in the study include:

·         North America: The U.S., Canada, Mexico

·         South America: Brazil, Colombia, Costa Rica

·         Europe: U.K., Germany, Italy, France, Spain, Russia, Rest of Europe

·         APAC: China, Japan, South Korea, India, Rest of Asia-Pacific

1. Chocolate Confectionery Market - Overview
1.1. Definitions and Scope
2. Chocolate Confectionery Market - Executive summary
2.1. Market Revenue, Market Size and Key Trends by Company
2.2. Key Trends by type of Application
2.3. Key Trends segmented by Geography
3. Chocolate Confectionery Market 
3.1. Comparative analysis
3.1.1. Product Benchmarking - Top 10 companies
3.1.2. Top 5 Financials Analysis
3.1.3. Market Value split by Top 10 companies
3.1.4. Patent Analysis - Top 10 companies
3.1.5. Pricing Analysis 
4. Chocolate Confectionery Market – Startup companies Scenario Premium
4.1. Top 10 startup company Analysis by
4.1.1. Investment
4.1.2. Revenue
4.1.3. Market Shares
4.1.4. Market Size and Application Analysis
4.1.5. Venture Capital and Funding Scenario
5. Chocolate Confectionery Market – Industry Market Entry Scenario Premium
5.1. Regulatory Framework Overview
5.2. New Business and Ease of Doing business index
5.3. Case studies of successful ventures
5.4. Customer Analysis – Top 10 companies
6. Chocolate Confectionery Market Forces
6.1. Drivers
6.2. Constraints
6.3. Challenges
6.4. Porters five force model
6.4.1. Bargaining power of suppliers
6.4.2. Bargaining powers of customers
6.4.3. Threat of new entrants
6.4.4. Rivalry among existing players
6.4.5. Threat of substitutes 
7. Chocolate Confectionery Market -Strategic analysis
7.1. Value chain analysis
7.2. Opportunities analysis
7.3. Product life cycle
7.4. Suppliers and distributors Market Share
8. Chocolate Confectionery Market – By Product Type  (Market Size -$Million / $Billion)
8.1. Market Size and Market Share Analysis 
8.2. Application Revenue and Trend Research
8.3. Product Segment Analysis
8.3.1. Introduction
8.3.2. Countlines
8.3.3. Bagged Selflines/Softlines
8.3.4. Seasonal Chocolate
8.3.5. Alfajores   
8.3.6. Boxed Assortments Standard Boxed Assortments Twist Wrapped Miniatures
8.3.7. Chocolate with Toys
8.3.8. Chocolate lollipops
8.3.9. Molded Bars & Tablets
8.3.10. Novelties  
8.3.11. Others (Liquid Chocolate, Chocolate Foam & Others)
9. Chocolate Confectionery Market – By Composition (Market Size -$Million / $Billion)
9.1. Introduction
9.2. Milk Chocolate
9.3. Dark Chocolate
9.3.1. Bitter Chocolate
9.3.2. Semi-sweet Chocolate
9.3.3. Others
9.4. White Chocolate
9.5. Nut Chocolate
9.6. Chocolate Creams
9.7. Organic Chocolate
9.8. Others
10. Chocolate Confectionery – By Distribution Channel(Market Size -$Million / $Billion)
10.1. Segment type Size and Market Share Analysis 
10.2. Application Revenue and Trends by type of Application
10.3. Application Segment Analysis by Type
10.4. Introduction
10.5. Supermarkets/Hypermarkets
10.6. Discounters/Dollar Stores
10.7. Convenience Stores
10.8. Independent Small Grocers
10.9. Confectionery Specialists/Shops
10.10. Health and Beauty Retailers
10.11. Online Retail
10.12. Drug Stores
10.13. Club Stores
10.14. Others
11. Chocolate Confectionery - By Geography (Market Size -$Million / $Billion)
11.1. Chocolate Confectionery Market - North America Segment Research
11.2. North America Market Research (Million / $Billion)
11.2.1. Segment type Size and Market Size Analysis 
11.2.2. Revenue and Trends
11.2.3. Application Revenue and Trends by type of Application
11.2.4. Company Revenue and Product Analysis
11.2.5. North America Product type and Application Market Size U.S. Canada Mexico Rest of North America
11.3. Chocolate Confectionery - South America Segment Research
11.4. South America Market Research (Market Size -$Million / $Billion)
11.4.1. Segment type Size and Market Size Analysis 
11.4.2. Revenue and Trends
11.4.3. Application Revenue and Trends by type of Application
11.4.4. Company Revenue and Product Analysis
11.4.5. South America Product type and Application Market Size Brazil Venezuela Argentina Ecuador Peru Colombia Costa Rica Rest of South America
11.5. Chocolate Confectionery - Europe Segment Research
11.6. Europe Market Research (Market Size -$Million / $Billion)
11.6.1. Segment type Size and Market Size Analysis 
11.6.2. Revenue and Trends
11.6.3. Application Revenue and Trends by type of Application
11.6.4. Company Revenue and Product Analysis
11.6.5. Europe Segment Product type and Application Market Size U.K Germany Italy France Netherlands Belgium Spain Denmark Rest of Europe
11.7. Chocolate Confectionery – APAC Segment Research
11.8. APAC Market Research (Market Size -$Million / $Billion)
11.8.1. Segment type Size and Market Size Analysis 
11.8.2. Revenue and Trends
11.8.3. Application Revenue and Trends by type of Application
11.8.4. Company Revenue and Product Analysis
11.8.5. APAC Segment – Product type and Application Market Size China Australia Japan South Korea India Taiwan Malaysia
12. Chocolate Confectionery Market - Entropy
12.1. New product launches
12.2. M&A's, collaborations, JVs and partnerships
13. Chocolate Confectionery Market – Industry / Segment Competition landscape Premium
13.1. Market Share Analysis
13.1.1. Market Share by Country- Top companies
13.1.2. Market Share by Region- Top 10 companies
13.1.3. Market Share by type of Application – Top 10 companies
13.1.4. Market Share by type of Product / Product category- Top 10 companies
13.1.5. Market Share at global level- Top 10 companies
13.1.6. Best Practises for companies
14. Chocolate Confectionery Market – Key Company List by Country Premium
15. Chocolate Confectionery Market Company Analysis
15.1. Market Share, Company Revenue, Products, M&A, Developments
15.2. Ferrero Group (Italy)
15.3. Nestlé S.A. (Switzerland)
15.4. Mars, Inc (U.S.)
15.5. Mondelēz International, Inc. (U.S.)
15.6. The Hershey Company (U.S.)
15.7. Belcholat Chocolate JSC. (Vietnam)
15.8. August Storck KG (Germany)
15.9. Chocolaterie Guylian NV (Belgium)
15.10. Maestrani Schweizer Schokoladen AG (Switzerland)
15.11. Lindt & Sprüngli AG (Switzerland)
15.12. Company 11
15.13. Company 12
15.14. Company 13 and More
"*Financials would be provided on a best efforts basis for private companies"
16. Chocolate Confectionery Market -Appendix
16.1. Abbreviations
16.2. Sources
17. Chocolate Confectionery Market -Methodology Premium
17.1. Research Methodology
17.1.1. Company Expert Interviews
17.1.2. Industry Databases
17.1.3. Associations
17.1.4. Company News
17.1.5. Company Annual Reports
17.1.6. Application Trends
17.1.7. New Products and Product database
17.1.8. Company Transcripts
17.1.9. R&D Trends
17.1.10. Key Opinion Leaders Interviews
17.1.11. Supply and Demand Trends