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Global Chocolate Confectionery Market: By Type: Dark Chocolate, Milk Chocolate, White Chocolate; By Product: Boxed, Countlines, Moulded Bars, Seasonal Chocolates, Straightlines, Others; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Chocolate Confectionery Market Outlook

The global chocolate confectionery market attained a value of nearly USD 202.4 billion in 2021. The market is estimated to grow in the forecast period of 2022-2027 at a CAGR of 2.9% to reach about USD 232.4 billion by 2027.

 

North America Holds a Significant Market Share of Chocolate Confectionery

North America holds a significant share in the global chocolate confectionery market owing to the growing demand for premium and high-quality chocolates. Moreover, the increasing preference for healthy products by consumers is driving the development of healthy chocolate confectioneries in the market. Additionally, Europe is expected to witness robust growth owing to the extensive presence of manufacturers of chocolate products in countries like Germany, Italy, Belgium, and France. The continuous innovations in terms of flavours of chocolate are also bolstering the market for chocolate confectionery. Based on type, the dark chocolate segment is witnessing substantial growth in the market for chocolate confectionery owing to the health benefits associated with the consumption of dark chocolate like improvement in blood flow, lowered blood pressure, reduction in heart disease risk, improvement in brain function, and protection of LDL from oxidation, among others.

 

Market Segmentation

Chocolate confectionery refers to any semi-solid or solid food primarily composed of cocoa or chocolate with or without the addition of nuts or fruits. It contains food made by covering, coating, or representing sugar confectionery in chocolate but does not contain biscuits that have been filled, cooked or flavoured with chocolate ice cream or chocolate, or baked confectionery flavoured with chocolate.

The chocolate confectionery market, by type, is divided into:

  • Dark Chocolate
  • Milk Chocolate
  • White Chocolate

The market can be broadly categorised on the basis of product segments into:

  • Boxed
  • Countlines
  • Moulded Bars
  • Seasonal Chocolates
  • Straightlines
  • Others

The EMR report looks into the regional markets of chocolate confectionery like Latin America, North America, Europe, the Asia Pacific, and the Middle East and Africa.

 

Increasing Preferences for Novel Confectionery Products to Fuel the Market Growth of Chocolate Confectionery

The global chocolate confectionery market is anticipated to witness substantial growth during the forecast period on account of the rising demand for high-quality products among consumers. Going further, the increasing adoption of healthy eating habits is boosting the inclination towards sugar-free and healthy chocolate confectionery across the globe. Moreover, consumers are willing to pay more for chocolate confectionery with diverse flavours and premium quality, hence fuelling the market. The rising trend of organic chocolates is further accelerating the market growth of chocolate confectionery. The increasing brand awareness among consumers, the growing popularity of western products in developing countries, changing tastes and preferences of consumers, and the growing trend of gifting confectionery products like chocolates, bakery items and cookies coated with chocolate, among others, are expected to propel the market growth of chocolate confectionery across the globe over the coming years.

 

Key Players in the Global Market for Chocolate Confectionery

The report presents a detailed analysis of the following key players in the global chocolate confectionery market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Barry Callebaut
  • Nestlé S.A
  • Ferrero International
  • Mondelez Global LLC
  • Meiji Holdings Co., Ltd.
  • Others

The comprehensive report looks into the macro and micro aspects of the market. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Application
    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
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Chocolate Confectionery Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Chocolate Confectionery Historical Market (2017-2021) 
    8.3    Global Chocolate Confectionery Market Forecast (2022-2027)
    8.4    Global Chocolate Confectionery Market by Type
        8.4.1    Dark Chocolate
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Milk Chocolate
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
        8.4.3    White Chocolate 
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2017-2021)
            8.4.3.3    Forecast Trend (2022-2027)
    8.5    Global Chocolate Confectionery Market by Product
        8.5.1    Boxed
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Countlines
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
        8.5.3    Moulded Bars
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2017-2021)
            8.5.3.3    Forecast Trend (2022-2027)
        8.5.4    Seasonal Chocolates
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2017-2021)
            8.5.4.3    Forecast Trend (2022-2027)
        8.5.5    Straightlines
            8.5.5.1    Market Share
            8.5.5.2    Historical Trend (2017-2021)
            8.5.5.3    Forecast Trend (2022-2027)
        8.5.6    Others
    8.6    Global Chocolate Confectionery Market by Region
        8.6.1    Market Share
            8.6.1.1    North America
            8.6.1.2    Europe
            8.6.1.3    Asia Pacific
            8.6.1.4    Latin America
            8.6.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    Barry Callebaut
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    Nestlé S.A
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    Ferrero International
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Mondelez Global LLC
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    Meiji Holdings Co., Ltd.
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Others
13    Industry Events and Developments

 

List of Key Figures and Tables

1.    Global Chocolate Confectionery Market: Key Industry Highlights, 2017 and 2027
2.    Global Chocolate Confectionery Historical Market: Breakup by Type (USD Billion), 2017-2021
3.    Global Chocolate Confectionery Market Forecast: Breakup by Type (USD Billion), 2022-2027
4.    Global Chocolate Confectionery Historical Market: Breakup by Product (USD Billion), 2017-2021
5.    Global Chocolate Confectionery Market Forecast: Breakup by Product (USD Billion), 2022-2027
6.    Global Chocolate Confectionery Historical Market: Breakup by Region (USD Billion), 2017-2021
7.    Global Chocolate Confectionery Market Forecast: Breakup by Region (USD Billion), 2022-2027
8.    North America Chocolate Confectionery Historical Market: Breakup by Country (USD Billion), 2017-2021
9.    North America Chocolate Confectionery Market Forecast: Breakup by Country (USD Billion), 2022-2027
10.    Europe Chocolate Confectionery Historical Market: Breakup by Country (USD Billion), 2017-2021
11.    Europe Chocolate Confectionery Market Forecast: Breakup by Country (USD Billion), 2022-2027
12.    Asia Pacific Chocolate Confectionery Historical Market: Breakup by Country (USD Billion), 2017-2021
13.    Asia Pacific Chocolate Confectionery Market Forecast: Breakup by Country (USD Billion), 2022-2027
14.    Latin America Chocolate Confectionery Historical Market: Breakup by Country (USD Billion), 2017-2021
15.    Latin America Chocolate Confectionery Market Forecast: Breakup by Country (USD Billion), 2022-2027
16.    Middle East and Africa Chocolate Confectionery Historical Market: Breakup by Country (USD Billion), 2017-2021
17.    Middle East and Africa Chocolate Confectionery Market Forecast: Breakup by Country (USD Billion), 2022-2027
18.    Global Chocolate Confectionery Market Structure

Key Questions Answered in the Report

In 2021, the global chocolate confectionery market attained a value of nearly USD 202.4 billion.

The market is assessed to grow at a CAGR of 2.9% between 2022 and 2027.

The market is estimated to witness healthy growth in the forecast period of 2022-2027 to reach almost USD 232.4 billion by 2027.

The major market drivers are changing tastes and preferences, rapid urbanisation, and the increasing demand for confectionery products.

The key market trends guiding the growth of the market include the growing demand for chocolates, the surging preference for high-quality chocolate confectionery, and the increasing consumption of dark chocolate as a healthy food ingredient among consumers.

The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The different types of chocolate confectionery in the market are dark chocolate, milk chocolate, and white chocolate.

The major products of chocolate confectionery, include boxed, countlines, moulded bars, seasonal chocolates, and straightlines, among others.

The major players in the market are Barry Callebaut, Nestlé S.A, Ferrero International, Mondelez Global LLC, and Meiji Holdings Co., Ltd., among others.

Analyst Review

The global chocolate confectionery market attained a value of nearly USD 202.4 billion in 2021, driven by the surging demand for premium chocolates. Aided by the growing awareness regarding the health benefits of cocoa, the market is expected to witness further growth in the forecast period of 2022-2027, growing at a CAGR of 2.9%. The market is estimated to reach about USD 232.4 billion by 2027.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the market. The market for chocolate confectionery, by product, is divided into dark chocolate, milk chocolate, and white chocolate. On the basis of product, the market is classified into boxed, countlines, moulded bars, seasonal chocolates, and straightlines, among others. The major regional markets for chocolate confectionery are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Barry Callebaut, Nestlé S.A, Ferrero International, Mondelez Global LLC, and Meiji Holdings Co., Ltd., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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