Chocolate Market in Europe by Product and Geography - Forecast and Analysis 2021-2025

  • Published: Apr 2021
  • Pages: 120
  • SKU: IRTNTR41279

Enjoy complimentary customisation on priority with our Enterprise License!

Get me the latest version! (includes COVID-19 impact)
Safe and Secure SSL Encrypted

  • Single:

    One user only.
    Quick & easy download option

  • Enterprise:

    Unlimited user access (Within your organization)
    Complimentary Customization Included

2500 USD

The chocolate market in Europe has the potential to grow by USD 14.47 billion during 2021-2025, and the market's growth momentum will accelerate at a CAGR of 4.50%.

This chocolate market research in Europe report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by product (milk chocolate, dark chocolate, and white chocolate) and geography (western Europe and eastern Europe). The chocolate market in Europe report also offers information on several market vendors, including AUGUST STORCK KG, Ferrero International SA, Lindt & Sprüngli Group, Mars Inc., Mondelez International Inc., Nestle SA, Neuhaus NV, ROSHEN Corp., The Hershey Co., and Yildiz Holding Inc. among others.

What will the Chocolate Market Size in Europe be in 2021?

Chocolate Market Size

Browse TOC and LoE with selected illustrations and example pages of Chocolate Market in Europe

 Get Your FREE Sample Now!

Who are the Major Chocolate Market in Europe Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:


  • Ferrero International SA
  • Lindt & Sprüngli Group
  • Mars Inc.
  • Mondelez International Inc.
  • Nestle SA
  • Neuhaus NV
  • ROSHEN Corp.
  • The Hershey Co.
  • Yildiz Holding Inc.


The chocolate market in Europe is fragmented and the vendors are deploying growth strategies such as product differetiation to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the chocolate market forecast in Europe report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Chocolate Market in Europe?


For more insights on the market share of various regions Request for a FREE sample now!

67% of the market's growth will originate from Western Europe during the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Product Segments in the Chocolate Market in Europe?


To gain further insights on the market contribution of various segments Request for a FREE sample

Dark chocolate is characterized by a 70%-99.9% concentration of cocoa solids, with minimal milk concentration. Increased awareness of the health benefits of dark chocolates has led to an increase in demand for dark chocolates in the UK, Germany, France, Italy, Switzerland, and Belgium. The demand for dark chocolate is expected to increase significantly in the next five years. The increased consumption of dark chocolates during special occasions has led the key vendors to start incorporating dark chocolate bars in their product portfolio. Therefore, the growth of the milk chocolate market segment is expected to be significant during the forecast period.

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the chocolate market size in Europe .



Request for a FREE sample

What are the Key Factors Covered in this Chocolate Market in Europe Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive chocolate market growth in Europe during the next five years
  • Precise estimation of the chocolate market size in Europe and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the chocolate industry in Europe across Western Europe and Eastern Europe
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of chocolate vendors in Europe 

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

Chocolate Market In Europe Scope

Report Coverage


Page number


Base year


Forecast period


Growth momentum & CAGR

Accelerate at a CAGR of 5%

Market growth 2021-2025

$ 14.47 billion

Market structure


YoY growth (%)


Regional analysis

Western Europe and Eastern Europe

Performing market contribution

Western Europe at 67%

Key consumer countries

Germany, Switzerland, and UK

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

AUGUST STORCK KG, Ferrero International SA, Lindt & Sprüngli Group, Mars Inc., Mondelez International Inc., Nestle SA, Neuhaus NV, ROSHEN Corp., The Hershey Co., and Yildiz Holding Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact 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.

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five Forces Summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product placement
  • Milk Chocolate - Market size and forecast 2019-2024
  • Dark chocolate - Market size and forecast 2019-2024
  • White chocolate - Market size and forecast 2019-2024
  • Market opportunity by Product

Customer landscape

  • Overview

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • Western Europe - Market size and forecast 2019-2024
  • Eastern Europe - Market size and forecast 2019-2024
  • Market opportunity by geography
  • Volume driver - Demand led growth
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Chocoladefabriken Lindt & Sprüngli AG
  • Ferrero International SA
  • Mars Inc.
  • Mondelez International Inc.
  • Nestlé Group
  • Neuhaus NV
  • Roshen Corp.
  • The Hershey Co.
  • YiIdiZ Holding Inc.


  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • 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.


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 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



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


  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
Interested in this report?
Get your sample now!
Chocolate market growth will increase by $15.08 billion during 2019-2024.
The chocolate market is expected to grow at a CAGR of 4.81% during 2019-2024.
Technavio has segmented the chocolate market by product (Milk Chocolate, Dark chocolate, and White chocolate) and geographic (Western Europe and Eastern Europe).
AUGUST STORCK KG, Chocoladefabriken Lindt & Sprüngli AG, Ferrero International SA, Mars Inc., Mondelez International Inc., Nestlé Group, Neuhaus NV, Roshen Corp., The Hershey Co., YiIdiZ Holding Inc. are a few of the key vendors in the chocolate market.
Western Europe will register the highest growth rate of 62.67% among the other regions. Therefore, the chocolate market in Western Europe is expected to garner significant business opportunities for the vendors during the forecast period.
  • Australia
  • Bangladesh
  • Argentina
  • APAC (exc. China)
The key factors driving the chocolate market growth are:
  • Increasing demand and popularity of dark chocolate and organic chocolate
  • Growing influence of online retailing
The chocolate market vendors should focus on grabbing business opportunities from the milk chocolate segment as it accounted for the largest market share in the base year.
  • 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?
  • Off-the-shelf research reports
  • Reports can be tailored to meet the customer's needs
  • Trusted by more than 100 fortune 500 organizations
  • Information about the market's key drivers, trends, and challenges
  • Parent market analysis
  • Every week, 50,000 people visit our subscription platform
  • Detailed vendors report with competitive landscape
  • Covid-19 impact and recovery analysis
  • Data on revenue-generating market segments
  • Details on the market shares of various regions
  • Five-force market analysis

Certified ISO 9001 : 2015

We are ISO recognized

We are ISO 9001:2015 recognized that ensures quality services and product delivery to our clients.

We are GDPR and CCPA compliant

We are GDPR and CCPA compliant! Your transaction & personal information is protected from unauthorized use.

Safe and Secure SSL Encrypted

  • Single:

    One user only.
    Quick & easy download option

  • Enterprise:

    Unlimited user access (Within your organization)
    Complimentary Customization Included

2500 USD

Technavio Get the report (PDF) sent to your email within minutes.

Subscribe & Save

Get lifetime access to our
Technavio Insights

Customized Report as per your Business Needs

  • Our analysts will work directly with you and understand your needs
  • Get data on specified regions or segments, competitor and Vendors
  • Data will be formatted and presented as per your requirements
  • We offer $1000 worth of FREE customization at the time of purchase

Let us help you make report more suited to your requirements.

  • Get a competitive breakdown as per your niche industry
  • Customize the data with various metrics that meet your business prerequisite
  • Understand Revenue Sources, Customers and many more
  • Details on Market Share
  • These customizations are done in a short amount of time by our analysts and industry experts
Enquire Before Buying
17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>