Chocolate Market by Product, Distribution Channel, and Geography - Forecast and Analysis 2023-2027

Published: Oct 2023 Pages: 166 SKU: IRTNTR41047

Chocolate Market Forecast 2023-2027

The Global Chocolate Market size is projected to increase by USD 45.78 million at a Compound annual growth rate (CAGR) of 4.97% between 2022 to 2027. In 2017 the market size was valued at USD 151.8 million. The market is a global industry that involves the production, distribution, and consumption of chocolate products. Flavonoids, natural compounds found in cocoa beans, enhance the appeal and health benefits of it in the market.

The global demand for premium chocolates is growing due to the increasing premiumization of chocolates. The global market is dominated by major multinational companies like Mars, Barry Callebaut, and Mondelez International. They are increasing efforts to improve differentiation, premiumization, and personalization in their segments with new premium offerings. Currently, many players are launching premium and specialty products to attract consumers who are influenced by price, packaging, ingredients, exclusivity, and provenance. Hence, the demand for premium chocolates experiences growth as seasonal offerings.

Market Overview

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Amidst lockdowns and shifts in consumer behavior, the chocolate market has witnessed significant changes, with a surge in demand for packaged and processed foods, particularly chocolates. Brands like Mars (Dove) have capitalized on this trend, offering a diverse range of products to cater to evolving consumer preferences. Health-conscious consumers are gravitating towards sustainable, organic, and vegan options, driving the market for premium chocolates and bean-to-bar offerings. However, concerns surrounding obesity and sugar consumption persist, prompting the rise of sugar-free alternatives. Despite challenges, innovations in texture, flavors, and ingredients continue to shape the market, reflecting the dynamic interplay between tradition and modernity in the chocolate industry.

Market Dynamics

The chocolate market continues to thrive with consistent chocolate sales bolstered by various factors such as bulk purchases and strategic shelf space allocation in retail outlets worldwide. Derived from the beans of the cacao tree, chocolate production involves several stages, including the processing of cocoa seeds into cocoa liquor and cocoa butter. These primary ingredients serve as the foundation for creating a wide array of chocolate products, ranging from premium bars to delicious confectionery items.

Market Trends

Growing demand for healthier alternatives is an emerging trend in the market. The demand for healthier, such as vegan, organic, and sugar-free, has witnessed significant growth in recent years. This is due to the high preference for healthy living and awareness of the negative impacts of eating chocolates. 

The demand for healthier is leading companies to offer new healthy alternatives with low-sugar content and increased fortification of nutrients. According to Nestle, its low-calorie line launched in 2011 was one of its snack divisions' best-ever debuts. Furthermore, organic raw chocolates are healthy versions that comprise vitamins, minerals, and antioxidants. More than 300 minerals and properties have been identified in raw organic chocolate. Some of the health benefits of consuming organic chocolate include lowering blood pressure; increased energy, alertness, and creativity; and increased longevity. They also are known to release hormones like serotonin and endorphin, both of which are known as happy hormones. Therefore, these factors will boost the market growth and trends during the forecast period. 

 Market Challenges

Unstable cocoa prices and declining per capita consumption are major challenges impeding the market. The primary component of, cocoa, has been witnessing a fluctuating price range during the past decade. The fluctuating price of cocoa makes the production cost more volatile and prevents marketers from estimating their production costs every year.

As high-selling confectionery items in the global confectionery market, volatility in cocoa prices has become a major challenge for the regional confectionery market. Cocoa prices depend on growing conditions and can vary largely from month to month. Disease, ageing crops, and political instability are the influencing factors in the volatile cocoa market. Hence, these factors will hinder the market growth during the forecast period. 

Market Segmentation

The market is experiencing a dynamic shift towards premium and specialty chocolate, driven by evolving consumer tastes and preferences. This trend is underscored by the rising popularity of single-origin cocoa, emphasizing quality and uniqueness. Moreover, the market intersects with mental health, with studies linking chocolate consumption to improved brain function due to its zinc, magnesium, and iron content. Amid concerns about obesity and health, there's a growing demand for sustainable, low-sugar, and health-focused options like vegetable-based and superfood chocolate. Major manufacturers are responding with innovative products like chocolate truffles and wasabi-covered chocolate, catering to diverse dietary regimes and health-conscious consumers across food retail and food service sectors.

By Distribution Channel

Various types of offline channels are hypermarkets, supermarkets, and grocery and convenience stores. Organized retailing such as Supermarkets and hypermarkets provides consumers with a convenient way to purchase by offering a wide variety of options in one location. These stores also make it easy for consumers to compare different brands and products, and they often have a larger selection than smaller stores or convenience stores. Additionally, they may offer discounts and promotions, further increasing the convenience of shopping for chocolate. Tesco Plc (Tesco), Carrefour Group, and Target Brands Corp. (Target) are some of the major hypermarkets and supermarkets that offer various brands.

By Product

The market share growth by the milk chocolate segment will be significant during the forecast period. It is one of the most popular and common types. The mixing of cocoa solids with milk solids, sugar, and cream during manufacturing gives milk chocolates a smoother and creamier taste in comparison with dark ones.

The milk chocolate segment was valued at USD 64.51 million in 2017.

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However, the increasing health consciousness of people and rising awareness of health problems caused by ailments such as obesity and heart disease have witnessed a slow demand for milk chocolates in recent years. Hence, companies are trying to maintain their share by innovating with new product variants and flavours. For example, in June 2020, Mondelez International announced the launch of a new product called Cadbury Dairy Milk, with 30% less sugar in Indian and the Indian chocolate spreads market. Thus, the estimated growth for milk chocolate will be quite moderate during the forecast period.

Key Regions Market

Europe is estimated to contribute 35% to the growth of the global market during the forecast period.

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Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

Europe is one of the largest manufacturers in the world. Consumers prefer premium chocolates in most of the countries in the region. Europe's manufacturing industry is heavily dependent on cocoa beans, and as such, there is a high demand for fine flavor cocoa in the region. The major markets contributing to the growth of the European chocolate market include countries such as the UK, Germany, Italy, Belgium, Switzerland, and Russia. These countries have a strong tradition of chocolate making and consumption. Additionally, the presence of many manufacturers headquartered in Europe, such as Ferrero, also helps to drive growth in the market. These companies have a strong reputation and established brands, which can influence consumer choice and purchase behavior.

Companies Overview

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

  • Key Offering - Arcor company offers confectionary and chocolates.
  • Key Offering - Storck company offers chocolate products such as Bendicks Bittermints.
  • Key Offering - Barry Callebaut company offers chocolate products such as Caramel Dore.

The market trends and analysis report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

  • Arcor Group
  • AUGUST STORCK KG
  • Barry Callebaut AG
  • Chocoladefabriken Lindt and Sprungli AG
  • Crown Confectionery Co. Ltd
  • Delfi Ltd.
  • Ezaki Glico Co. Ltd.
  • Ferrero International S.A.
  • Ghirardelli Chocolate Co.
  • Gujarat Cooperative Milk Marketing Federation
  • Lotte Corp
  • Mars Inc.
  • Meiji Holdings Co. Ltd.
  • Mondelez International Inc.
  • Moonstruck Chocolate Co.
  • Nestle SA
  • Orion Corp.
  • The Australian Carob Co.
  • The Hershey Co.
  • Yildiz Holding AS

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

 Market Customer Landscape

The market growth analysis report includes the adoption lifecycle, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the market research and growth report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Customer Landscape

Market Analyst Overview

The market is experiencing a notable shift driven by increasing consumer consciousness. The State of Treating Report 2021, by the National Confectioners Association (NCA), indicates a rising demand for specialty chocolates. Vegan, organic, gluten-free, and sugar-free are gaining prominence. Bean and single-origin chocolates, known for their distinct flavors, are on the rise. Mental health awareness is influencing dark chocolate consumption, supported by studies from institutions like the Cleveland Clinic linking it to improved blood circulation. The premiumization of chocolate-based products is evident, emphasizing visually appealing packaging. The market also sees competition between traditional and artificial chocolate segments, with carob confectionery and popular brands like Nutella and Ferrero India making strides.

The popularity for single-origin cocoa, reflecting consumer demand for premium and distinctive flavors. Alongside, there's growing awareness about mental health, with consumers seeking comfort from anxiety and depression through indulgence in chocolate. Recognizing the importance of preventive healthcare, chocolate is appreciated for its nutrient-rich profile, containing essential minerals like phosphorus and copper. In response to changing preferences, manufacturers are innovating with sustainable chocolates and vegetable-based options, catering to diverse dietary needs and fostering a gifting culture. Amid rising health concerns and the prevalence of obesity, there's a shift towards low-sugar and superfood chocolates, aligning with evolving consumer lifestyles and dietary regimes.

This market encompasses a wide array of products, ranging from traditional chocolate market options like sweets and bars to newer options like spreads. A recent study has shed light on the growing consumer preference for premium and specialty products, indicating a shift away from the artificial chocolate market. It is not just a snack; it's an indulgence and a beloved dessert for many, driving the growth of the chocolate industry. Artisanal truffles and pralines cater to discerning chocolate lovers, with makers and shops constantly innovating to meet evolving trends. In-depth analysis reveals promising opportunities for growth, reflecting the enduring appeal of this beloved treat.

Segment Overview

The market growth and forecasting report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Product Outlook (USD Million, 2017 - 2027)
    • Milk chocolate
    • Dark chocolate
    • White chocolate
  • Distribution Channel Outlook (USD Million, 2017 - 2027)
    • Offline distribution channel
    • Online distribution channel
  • Region Outlook (USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Chile
      • Brazil
      • Argentina

Industry  Scope

Report Coverage

Details

Page number

166

Base year

2022

Historic period

2017 - 2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 4.97%

Market growth 2023-2027

USD 45.78 billion

Market structure

USD Fragmented

YoY growth 2022-2023(%)

4.57

Regional analysis

Europe, North America, APAC, South America, and Middle East and Africa

Performing market contribution

Europe at 35%

Key countries

US, China, Germany, France, and UK

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Arcor Group, AUGUST STORCK KG, Barry Callebaut AG, Chocoladefabriken Lindt and Sprungli AG, Crown Confectionery Co. Ltd, Delfi Ltd., Ezaki Glico Co. Ltd., Ferrero International S.A., Ghirardelli Chocolate Co., Gujarat Cooperative Milk Marketing Federation, Lotte Corp, Mars Inc., Meiji Holdings Co. Ltd., Mondelez International Inc., Moonstruck Chocolate Co., Nestle SA, Orion Corp., The Australian Carob Co., The Hershey Co., and Yildiz Holding AS

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, Market growth and Forecasting, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market growth and forecasting between 2023 and 2027
  • Precise estimation of the size of the market size and its contribution of the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behaviour
  • Growth of the market across Europe, North America, APAC, South America, and Middle East and Africa
  • Thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of the key market companies

We can help! Our analysts can customize this report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Distribution Channel
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global chocolate market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global chocolate market 2017 - 2021 ($ billion)
    • 4.2 Product Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ billion)
    • 4.3 Distribution Channel Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Distribution Channel Segment 2017 - 2021 ($ billion)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Product

    • 6.1 Market segments
      • Exhibit 30: Chart on Product - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Product - Market share 2022-2027 (%)
    • 6.2 Comparison by Product
      • Exhibit 32: Chart on Comparison by Product
      • Exhibit 33: Data Table on Comparison by Product
    • 6.3 Milk chocolate - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Milk chocolate - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 35: Data Table on Milk chocolate - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 36: Chart on Milk chocolate - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Milk chocolate - Year-over-year growth 2022-2027 (%)
    • 6.4 Dark chocolate - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Dark chocolate - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 39: Data Table on Dark chocolate - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 40: Chart on Dark chocolate - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Dark chocolate - Year-over-year growth 2022-2027 (%)
    • 6.5 White chocolate - Market size and forecast 2022-2027
      • Exhibit 42: Chart on White chocolate - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 43: Data Table on White chocolate - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 44: Chart on White chocolate - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on White chocolate - Year-over-year growth 2022-2027 (%)
    • 6.6 Market opportunity by Product
      • Exhibit 46: Market opportunity by Product ($ billion)
      • Exhibit 47: Data Table on Market opportunity by Product ($ billion)

    7 Market Segmentation by Distribution Channel

    • 7.1 Market segments
      • Exhibit 48: Chart on Distribution Channel - Market share 2022-2027 (%)
      • Exhibit 49: Data Table on Distribution Channel - Market share 2022-2027 (%)
    • 7.2 Comparison by Distribution Channel
      • Exhibit 50: Chart on Comparison by Distribution Channel
      • Exhibit 51: Data Table on Comparison by Distribution Channel
    • 7.3 Offline - Market size and forecast 2022-2027
      • Exhibit 52: Chart on Offline - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 53: Data Table on Offline - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 54: Chart on Offline - Year-over-year growth 2022-2027 (%)
      • Exhibit 55: Data Table on Offline - Year-over-year growth 2022-2027 (%)
    • 7.4 Online - Market size and forecast 2022-2027
      • Exhibit 56: Chart on Online - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 57: Data Table on Online - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 58: Chart on Online - Year-over-year growth 2022-2027 (%)
      • Exhibit 59: Data Table on Online - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by Distribution Channel
      • Exhibit 60: Market opportunity by Distribution Channel ($ billion)
      • Exhibit 61: Data Table on Market opportunity by Distribution Channel ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 63: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 64: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 65: Chart on Geographic comparison
      • Exhibit 66: Data Table on Geographic comparison
    • 9.3 Europe - Market size and forecast 2022-2027
      • Exhibit 67: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 68: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 69: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 70: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.4 North America - Market size and forecast 2022-2027
      • Exhibit 71: Chart on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 72: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 73: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 74: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.5 APAC - Market size and forecast 2022-2027
      • Exhibit 75: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 76: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 77: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 79: Chart on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 80: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 81: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 87: Chart on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 88: Data Table on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 89: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 Germany - Market size and forecast 2022-2027
      • Exhibit 91: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 92: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 93: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.10 China - Market size and forecast 2022-2027
      • Exhibit 95: Chart on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 96: Data Table on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 97: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.11 France - Market size and forecast 2022-2027
      • Exhibit 99: Chart on France - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 100: Data Table on France - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 101: Chart on France - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on France - Year-over-year growth 2022-2027 (%)
    • 9.12 UK - Market size and forecast 2022-2027
      • Exhibit 103: Chart on UK - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 104: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 105: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 107: Market opportunity by geography ($ billion)
      • Exhibit 108: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 109: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 111: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 112: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 113: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 114: Matrix on vendor position and classification
            • 12.3 Arcor Group
              • Exhibit 115: Arcor Group - Overview
              • Exhibit 116: Arcor Group - Business segments
              • Exhibit 117: Arcor Group - Key offerings
              • Exhibit 118: Arcor Group - Segment focus
            • 12.4 AUGUST STORCK KG
              • Exhibit 119: AUGUST STORCK KG - Overview
              • Exhibit 120: AUGUST STORCK KG - Product / Service
              • Exhibit 121: AUGUST STORCK KG - Key offerings
            • 12.5 Barry Callebaut AG
              • Exhibit 122: Barry Callebaut AG - Overview
              • Exhibit 123: Barry Callebaut AG - Business segments
              • Exhibit 124: Barry Callebaut AG - Key news
              • Exhibit 125: Barry Callebaut AG - Key offerings
              • Exhibit 126: Barry Callebaut AG - Segment focus
            • 12.6 Chocoladefabriken Lindt and Sprungli AG
              • Exhibit 127: Chocoladefabriken Lindt and Sprungli AG - Overview
              • Exhibit 128: Chocoladefabriken Lindt and Sprungli AG - Business segments
              • Exhibit 129: Chocoladefabriken Lindt and Sprungli AG - Key news
              • Exhibit 130: Chocoladefabriken Lindt and Sprungli AG - Key offerings
              • Exhibit 131: Chocoladefabriken Lindt and Sprungli AG - Segment focus
            • 12.7 Delfi Ltd.
              • Exhibit 132: Delfi Ltd. - Overview
              • Exhibit 133: Delfi Ltd. - Business segments
              • Exhibit 134: Delfi Ltd. - Key offerings
              • Exhibit 135: Delfi Ltd. - Segment focus
            • 12.8 Ezaki Glico Co. Ltd.
              • Exhibit 136: Ezaki Glico Co. Ltd. - Overview
              • Exhibit 137: Ezaki Glico Co. Ltd. - Business segments
              • Exhibit 138: Ezaki Glico Co. Ltd. - Key offerings
              • Exhibit 139: Ezaki Glico Co. Ltd. - Segment focus
            • 12.9 Ferrero International S.A.
              • Exhibit 140: Ferrero International S.A. - Overview
              • Exhibit 141: Ferrero International S.A. - Product / Service
              • Exhibit 142: Ferrero International S.A. - Key offerings
            • 12.10 Ghirardelli Chocolate Co.
              • Exhibit 143: Ghirardelli Chocolate Co. - Overview
              • Exhibit 144: Ghirardelli Chocolate Co. - Product / Service
              • Exhibit 145: Ghirardelli Chocolate Co. - Key offerings
            • 12.11 Mars Inc.
              • Exhibit 146: Mars Inc. - Overview
              • Exhibit 147: Mars Inc. - Product / Service
              • Exhibit 148: Mars Inc. - Key offerings
            • 12.12 Meiji Holdings Co. Ltd.
              • Exhibit 149: Meiji Holdings Co. Ltd. - Overview
              • Exhibit 150: Meiji Holdings Co. Ltd. - Business segments
              • Exhibit 151: Meiji Holdings Co. Ltd. - Key news
              • Exhibit 152: Meiji Holdings Co. Ltd. - Key offerings
              • Exhibit 153: Meiji Holdings Co. Ltd. - Segment focus
            • 12.13 Mondelez International Inc.
              • Exhibit 154: Mondelez International Inc. - Overview
              • Exhibit 155: Mondelez International Inc. - Business segments
              • Exhibit 156: Mondelez International Inc. - Key news
              • Exhibit 157: Mondelez International Inc. - Key offerings
              • Exhibit 158: Mondelez International Inc. - Segment focus
            • 12.14 Nestle SA
              • Exhibit 159: Nestle SA - Overview
              • Exhibit 160: Nestle SA - Business segments
              • Exhibit 161: Nestle SA - Key news
              • Exhibit 162: Nestle SA - Key offerings
              • Exhibit 163: Nestle SA - Segment focus
            • 12.15 The Australian Carob Co.
              • Exhibit 164: The Australian Carob Co. - Overview
              • Exhibit 165: The Australian Carob Co. - Product / Service
              • Exhibit 166: The Australian Carob Co. - Key offerings
            • 12.16 The Hershey Co.
              • Exhibit 167: The Hershey Co. - Overview
              • Exhibit 168: The Hershey Co. - Business segments
              • Exhibit 169: The Hershey Co. - Key news
              • Exhibit 170: The Hershey Co. - Key offerings
              • Exhibit 171: The Hershey Co. - Segment focus
            • 12.17 Yildiz Holding AS
              • Exhibit 172: Yildiz Holding AS - Overview
              • Exhibit 173: Yildiz Holding AS - Product / Service
              • Exhibit 174: Yildiz Holding AS - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 175: Inclusions checklist
                • Exhibit 176: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 177: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 178: Research methodology
                • Exhibit 179: Validation techniques employed for market sizing
                • Exhibit 180: Information sources
              • 13.5 List of abbreviations
                • Exhibit 181: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              chocolate market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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