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The global Chocolate Market accounted for USD XX.X Billion in 2019. Further, the market is expected to reach to a valuation of USD XX.X Billion by the end of 2025. Moreover, it is anticipated to flourish at a CAGR of 3.4% during the forecast period i.e. 2020-2025.

Chocolate Market - Growth Drivers & Barriers

Factors such as rising spending on confectionary products, changing consumer taste preference and widescale availability of chocolates are believed to spur the growth of the chocolate market in the upcoming years. Further, growing disposable income of population in developing nations is intensify the demand for premium chocolates.

Chocolate market is witnessing gamut of industry activities such as new product launches, innovative packaging and expansion across the globe. For instance, in January 2019, Little Moons launched a product range of vegan Belgian chocolate mochi in Selfridges and Ocado hypermarket in United Kingdom. Also, the brands are focusing more on the launch of various new flavors across their domestic and international market. On January 19, 2019, GODIVA, a luxurious high-end chocolate manufacturer, launched a new matcha flavored white chocolate bar in Japan.

Furthermore, many multi-brand companies engaged in chocolate manufacturing and sales are expanding their presence in developing nations to tap the business opportunity. In October 2018, Hershey, a leading US chocolate manufacturer launched KISSES chocolate range in India to further expand their footprint.

Rise in the trend of consumption of chocolates in festival seasons is spearheading current and future growth prospects of the market. In addition, health benefits of chocolate such as anti-oxidant capacity, improving blood flow and reduced risk of cardiovascular diseases are envisioned to bolster the growth of the global chocolate market in the years ahead.

However, factors such as fluctuating cost of raw material and bitter taste of dark chocolate is likely to negatively impact the demand for chocolate.

Chocolate Market - Regional Outlook:

In the terms of geography, the chocolate market is analyzed into North America, Latin America, Asia Pacific, Europe and Middle East & Africa. Among these regions, Asia Pacific is slated to account for highest percentage of market share in overall chocolate market during the forecast period. This can be attributed to changing consumer eating preferences, growing adoption of western habits and rise in awareness regarding the benefits of premium chocolate. Further, presence of various key chocolate global players and their increasing investment in Asia region is believed to intensify the growth rate of Asia Pacific chocolate market in the upcoming years. Further, increasing per capita income of population in developing Asia countries has fueled the consumption of dark chocolate. This factor is poised to spur the demand for chocolate in the region.

Chocolate Market - Segmentation

The research offers a comprehensive analysis of chocolate market with respect to following sub-markets:

Chocolate Market - By Type

- Dark Chocolate
- Milk Chocolate
- White Chocolate

Chocolate Market - By Sales
- Everyday Chocolate
- Premium Chocolate
- Seasonal Chocolate

Chocolate Market - By Distribution Channel

- Hypermarket
- Confectionary Stores
- Online Stores

Chocolate Market - By Geography

- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
- Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
- Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)

Chocolate Market- Competitive Landscape

The report profiles various major market players such as
- Nestle SA
- Mars Inc
- Cadbury
- Moonstruck Chocolatier Co
- Ghirardelli Chocolate Co
- Ferrero Group
- Hershey Foods Corp
- Barry Callebaut
- Amul (GCMMF)
- Other Major & Niche Players

Competitive landscape analysis provides detailed strategic analysis of the company’s business and performance such as financial information, revenue breakup by segment and by geography, SWOT Analysis, risk analysis, key facts, company overview, business strategy, key product offerings, marketing and distribution strategies, new product development, recent news (acquisition, expansion, technology development, research & development expansion and other market activities.

The study also provides company’s positioning and market share in Chocolate Market.

Timeline Considered for Analysis:

- 2019: Base Year

- 2020: Estimated Year

- 2020 to 2025: Forecasted Year

Research Scope and Deliverables

Overview & Executive Summary
Market Drivers, Trends, Challenges and Opportunities
Market Size and Forecast Projections
Macroeconomic Indicators of Various Countries Impacting the Growth of the Market
Extensive Coverage of Industry Players including Recent Product Launches and Market Activities
Porter’s Five Force Analysis

Market Segmentation Analysis:

Industry report analyzes the global chocolate market by the following segments:
- Type
- Sales
- Distribution Channel

Geographic Market Analysis:

The report offers separate analysis of North America, Europe, Asia Pacific, Latin America and Middle East & Africa. In addition, further breakdown of market data and analysis of region into countries is covered in the report.

Customization: We also offers customization’s in the industry report as per the company’s specific needs.

Key Questions Answered in the Global Chocolate Industry Report

- What is the overall market size in 2019? What will be the market growth during the forecast period i.e. 2020-2025?
- Which region would have high demand for product in the upcoming years?
- What are the factors driving the growth of the market?
- Which sub-market will make the most significant contribution to the market?
- What are the market opportunities for existing and entry-level players?
- What are various long-term and short-term strategies adopted by the market players?

Research Methodology

Market Definition and List of Abbreviations
1. Executive Summary
2. Growth Drivers & Issues in Global Chocolate Market
3. Global Chocolate Market Trends
4. Opportunities in Global Chocolate Market
5. Recent Industry Activities, 2017
6. Porter's Five Forces Analysis
7. Market Value Chain and Supply Chain Analysis
8. Global Chocolate Market Size (USD Million), Growth Analysis and Forecast, (2017-2023)

9. Global Chocolate Market Segmentation Analysis, By Type
9.1. Introduction
9.2. Market Attractiveness, By Type
9.3. BPS Analysis, By Type
9.4. Dark Chocolate
9.5. Milk Chocolate
9.6. White Chocolate

10. Global Chocolate Market Segmentation Analysis, By Sales
10.1. Introduction
10.2. Market Attractiveness, By Sales
10.3. BPS Analysis, By Sales
10.4. Everyday Chocolate
10.5. Premium Chocolate
10.6. Seasonal Chocolate

11. Global Chocolate Market Segmentation Analysis, By Distribution Channel
11.1. Introduction
11.2. Market Attractiveness, By Distribution Channel
11.3. BPS Analysis, By Distribution Channel
11.4. Hypermarket
11.5. Confectionary Stores
11.6. Online Stores

12. Geographical Analysis
12.1. Introduction
12.2. North America Chocolate Market Size (USD Million) & Volume, 2017-2023
12.2.1. By Type
12.2.2. By Sales
12.2.3. By Distribution Channel
12.2.4. By Country Market Attractiveness, By End-user BPS Analysis, By End-User U.S. Market Size (USD Million) 2017-2023 Canada Market Size (USD Million 2017-2023

12.3. Europe Chocolate Market Size (USD Million) & Volume, 2017-2023
12.3.1. By Type
12.3.2. By Sales
12.3.3. By Distribution Channel
12.3.4. By Country Market Attractiveness, By Country BPS Analysis, By Country Germany Market Size (USD Million) 2017-2023 United Kingdom Market Size (USD Million) 2017-2023 France Market Size (USD Million) 2017-2023 Italy Market Size (USD Million) 2017-2023 Spain Market Size (USD Million) 2017-2023 Russia Market Size (USD Million) 2017-2023 Rest of Europe Market Size (USD Million) 2017-2023

12.4. Asia Pacific Chocolate Market Size (USD Million), 2017-2023
12.4.1. By Type
12.4.2. By Sales
12.4.3. By Distribution Channel
12.4.4. By Country Market Attractiveness, By Country BPS Analysis, By Country China Market Size (USD Million) 2017-2023 India Market Size (USD Million) 2017-2023 Japan Market Size (USD Million) 2017-2023 South Korea Market Size (USD Million) 2017-2023 Indonesia Market Size (USD Million) 2017-2023 Taiwan Market Size (USD Million) 2017-2023 Australia Market Size (USD Million) 2017-2023 New Zealand Market Size (USD Million, 2017-2023 Rest of Asia Pacific Market Size (USD Million) 2017-2023

12.5. Latin America Chocolate Market Size (USD Million) 2017-2023
12.5.1. By Type
12.5.2. By Sales
12.5.3. By Distribution Channel
12.5.4. By Country Market Attractiveness, By Country BPS Analysis, By Country Brazil Market Size (USD Million) 2017-2023 Mexico Market Size (USD Million) 2017-2023 Rest of Latin America Market Size (USD Million, 2017-2023

12.6. Middle East & Africa Chocolate Market Size (USD Million) 2017-2023
12.6.1. By Type
12.6.2. By Sales
12.6.3. By Distribution Channel
12.6.4. By Geography Market Attractiveness, By Geography BPS Analysis, By Geography GCC Market Size (USD Million) 2017-2023 North Africa Market Size (USD Million) 2017-2023 South Africa Market Size (USD Million) 2017-2023 Rest of Middle East & Africa Market Size (USD Million) 2017-2023

13. Competitive Landscape
13.1. Market Share of Key Players
13.2. Market Positioning of Major Players in Global Chocolate Market
13.3. Company Profiles
13.3.1. Nestle SA Vehicle Offered Business Strategy Financials SWOT Analysis Market Share Analysis Key Achievements & Developments
13.3.2. Mars Inc
13.3.3. Cadbury
13.3.4. Moonstruck Chocolatier Co
13.3.5. Ghirardelli Chocolate Co
13.3.6. Ferrero Group
13.3.7. Hershey Foods Corp
13.3.8. Barry Callebaut
13.3.9. Amul (GCMMF)
13.3.10. GODIVA
13.3.11. Other Major & Niche Key Players

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