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Australia Premium Chocolate Market Size, Share, Trends: By Product Type: White Chocolate, Milk Chocolate, Dark Chocolate; By Distribution Channel: Supermarkets and Hypermarkets, Convenience Stores, Specialty Stores, Online Stores, Others; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032
Australia Premium Chocolate Market Outlook
The Australia premium chocolate market size reached USD 523.9 million in 2023. The market is expected to grow at a CAGR of 6.6% between 2024 and 2032, reaching USD 933.6 million by 2032.
Key Takeaways:
- The NSW Department of Education projected Australia's cocoa production potential to reach $15-20 million by 2030.
- In 2020-21, the Australian Bureau of Statistics recorded 14.7 million tonnes in retail sales of food and non-alcoholic beverages.
- As per the NT Government Australia, cocoa cultivation is found near Darwin in NT, North Queensland, and north-western Western Australia.
Dark chocolate enhances the Australia premium chocolate market due to its abundance of antioxidants, reputed for potential health advantages like heart health and cognitive enhancement
Dark chocolate, a premium offering, provides health advantages through antioxidants promoting heart and brain wellness. Its robust cocoa taste, reduced sugar content, and gourmet appeal attract discerning consumers, ideal for pairing with wine or coffee for a refined culinary experience.
Milk chocolate, also in the premium market, captivates with its smooth texture and broad appeal, appealing to diverse consumers, including children. Its adaptability allows for various additions, delivering a comforting flavour with a balanced sweetness, perfect for daily indulgence. Brands are innovating with products offering diverse health benefits.
In March 2024, Nutra Organics, Australia's leading collagen brand, launched two new low-sugar beverages — Collagen Hot Chocolate and Collagen Matcha Latte — designed to support energy, sleep, and skin health. These drinks, infused with 3,000mg of collagen per serving and crafted from natural wholefood ingredients, received an enthusiastic reception, enhancing natural beauty regimens.
Market Segmentation
Australia Premium Chocolate Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Product Type
- White Chocolate
- Milk Chocolate
- Dark Chocolate
Market Breakup by Distribution Channel
- Supermarkets and Hypermarkets
- Convenience Stores
- Specialty Stores
- Online Stores
- Others
Market Breakup by Region
- New South Wales
- Victoria
- Queensland
- Australian Capital Territory
- Western Australia
- Others
The Australia premium chocolate market key players are Chocoladefabriken Lindt & Spruengli AG, Ferrero International S.A., Godiva Australia Pty Ltd., AE Haigh Proprietary Limited and Chocolatier Australia among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Product Type |
|
| Breakup by Distribution Channel |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Asia Pacific Premium Chocolate Market Overview
8.1 Key Industry Highlights
8.2 Asia Pacific Premium Chocolate Historical Market (2018-2023)
8.3 Asia Pacific Premium Chocolate Market Forecast (2024-2032)
9 Australia Premium Chocolate Market Overview
9.1 Key Industry Highlights
9.2 Australia Premium Chocolate Historical Market (2018-2023)
9.3 Australia Premium Chocolate Market Forecast (2024-2032)
10 Australia Premium Chocolate Market by Product Type
10.1 White Chocolate
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Milk Chocolate
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Dark Chocolate
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
11 Australia Premium Chocolate Market by Distribution Channel
11.1 Supermarkets and Hypermarkets
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Convenience Stores
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Specialty Stores
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Online Stores
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Others
12 Australia Premium Chocolate Market by Region
12.1 New South Wales
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Victoria
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Queensland
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Australian Capital Territory
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Western Australia
12.5.1 Historical Trend (2018-2023)
12.5.2 Forecast Trend (2024-2032)
12.6 Others
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyer’s Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Value Chain Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Chocoladefabriken Lindt & Spruengli AG
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Ferrero International S.A.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Godiva Australia Pty Ltd.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 AE Haigh Proprietary Limited
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Chocolatier Australia
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Asia Pacific Premium Chocolate Market: Key Industry Highlights, 2018 and 2032
2. Australia Premium Chocolate Market: Key Industry Highlights, 2018 and 2032
3. Australia Premium Chocolate Historical Market: Breakup by Product Type (USD Million), 2018-2023
4. Australia Premium Chocolate Market Forecast: Breakup by Product Type (USD Million), 2024-2032
5. Australia Premium Chocolate Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
6. Australia Premium Chocolate Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
7. Australia Premium Chocolate Historical Market: Breakup by Region (USD Million), 2018-2023
8. Australia Premium Chocolate Market Forecast: Breakup by Region (USD Million), 2024-2032
9. Australia Premium Chocolate Market Structure
Key Questions Answered in the Report
The market was valued at USD 523.9 million in 2023.
The market is projected to grow at a CAGR of 6.6% between 2024 and 2032.
The revenue generated from the premium chocolate market is expected to reach USD 933.6 million in 2032.
The premium chocolate market is categorised according to product type, which includes white chocolate, milk chocolate and dark chocolate.
The key players are Chocoladefabriken Lindt & Spruengli AG, Ferrero International S.A., Godiva Australia Pty Ltd., AE Haigh Proprietary Limited and Chocolatier Australia among others.
Based on the distribution channel, the market is divided into supermarkets and hypermarkets, convenience stores, speciality stores, online stores, and others.
The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.
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