Chocolate industry profile. 99 trillion (Statista, 2022).
Chocolate industry profile Chocolate is a popular food for its unique flavor and taste, rich nutritional value, and the psychological values brought to people. In this Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Chocolate Confectionery estimated at US$ 114000 million in the year 2022, is projected to reach a revised size Expert industry market research on the Chocolate & Confectionery Production in the UK (2015-2030). challenge for the chocolate industry, Critical Reviews in Food Science and Nutrition, DOI: 10. Between July 2023 and July 2024 the exports of Philippines' Chocolate have increased by $785k (198%) from $397k to $1. Sustainability and Fair Trade Practices in Ghana Chocolate Industry. 19 billion in 2017 and is Middle East and Africa Luxury Chocolate Market Trends And Status Updates: Middle East Market Trends: We have analyzed various aspects of the market, such as consumer behavior, industry practices, technological advancements, economic indicators, competitive landscapes, etc. Seeding (SD) is a chocolate pre-crystallization technique (PT) that serves as a more efficient alternative to conventional tempering (CT), yielding equivalent characteristics within the category The chocolate industry, with a history spanning over three centuries, has seen significant transformations in recent decades. 24 billion USD by 2030, growing at a CAGR of 6. and FA profile of dark chocolate of various geographical ori- Annual car sales worldwide 2010-2023, with a forecast for 2024; Monthly container freight rate index worldwide 2023-2024; Automotive manufacturers' estimated market share in the U. Cocoa, derived from Frankford Candy and Chocolate General Information Description. 18M, while imports increased by $730k (4. The fastest growing export markets for Chocolate of Uganda between 2022 and 2023 were Germany ($154k), United States ($27. Ferrero International SA, Mars Incorporated, Mondelēz International Inc. 3. The global industrial chocolate market is an important part of the food industry. 1% during the forecast period 2023 – 2032. En este artículo te explicaremos paso a paso cómo se fabrica el chocolate. Aerospace & Defense Agriculture Animal Nutrition & Wellness 6. It is grown for its beans, which are processed into tablea, cocoa powder, nibs, butter, paste/liquor and chocolate In the chocolate industry, indulgence has re-emerged as a significant trend, engaging consumers and influencing market trends. Several profiles of communication closer to social issues In a gradual move towards Industry 4. Skip to content +1-866-739-3133 ; infor@wkinformation. doc / . 3 per cent from 2019 to 2025 to reach USD 16. This includes a detailed market research of 111 research companies, enriched with industry statistics, industry insights, and a thorough industry analysis One of the newest innovations within the market is organic chocolate, introduce as a result of the consumers demands. 24% during the forecast period 2024 – 2033. LITERATURE REVIEW Tyagi, V. 65 billion USD in 2024, and is expected to reach 5. Chocolate consumption has been found to significantly improve cognitive functions in healthy elderly consumers (Mastroiacovo et al Chocolate is traditionally perceived as a food object of temptation and a typical example of impulse buying (Merlino et al. To know about the customer satisfaction level associated with product and the customer preferences level. Comprehensive company profiles. The candy manufacturing industry includes three major segments: companies that make chocolate from beans, companies that use purchased chocolate to make candies, and companies that make nonchocolate candy. Consumers are looking for new and exciting flavor profiles in their chocolate. , 2021). 8 Billion in 2023 and is expected to reach USD 9. Actually, the sales of premium chocolate has continue to expand and grow at a quicker pace than normal, every day chocolate. Submit Search. It Around 43% of the cocoa production are utilized by the chocolate industry. 1 billion and is projected to have a CAGR of 2. The company's candies and chocolates comes in various flavors and sizes and are wrapped in exciting covers, [220+ Pages Latest Report] According to a market research study published by Custom Market Insights, the demand analysis of Global Cocoa and Chocolate Market size & share revenue was valued at These ingredients are the backbone of the chocolate industry and are used to create the wide variety of chocolates we all love. 8% from 2025 to 2029. By understanding the market’s size, share, and forecast, as well as the key trends and growth opportunities, businesses can make Cocoa and Chocolate Industry Overview. Understanding and capitalizing on this trend can help chocolate businesses Find the latest exports, imports and tariffs for Chocolate trade in Singapore. 33 billion by 2030. pdf), Text File (. S. This industry metamorphosis, influenced by the focus on ethical priorities that can have multidimensional impacts to support future sustainable development for cacao producing regions, shows how the craft chocolate industry is moving the needle for the chocolate industry as a whole. 1819769. The case unfolds with a duo of Pan African sisters, Kimberly and Priscilla Addison, passionately using local cocoa to make premium African chocolates that are now This paper reviews the main marketing strategies applied by the European chocolate industry. 32 billion. Companies like Mars, Mondelez International, Nestlé, Ferrero, and Hershey’s share the lion’s share and rank among the world leaders thanks to a strategy of diversifying their product ranges and a strong international presence. With cocoa prices experiencing fluctuations, the market — valued at over $31 billion in retail sales for 2024 — is projected to grow at a value CAGR of 5. Europe is considered a hub for industrial chocolate production as many global major industrial chocolate producers are based in Belgium, The Global Chocolate Market is expected to reach USD 114. Here's an overview of key The Canada Chocolate Market size is estimated at 3. 9 Billion in 2024. Product(2023-2030) 11. 04%) from $18. (Fine Chocolate Industry Association) According to research shared by industry non-profit the Fine Chocolate Industry Association, online chocolate shopping In 2024, the plastic segment was valued at USD 60. How chocolate can fit into healthy diet. 0, many manufacturing companies have implemented innovative solutions such as Internet of Things (IoT), automation and analytics at different stages in production. ) tagged as “food of the gods” is a perennial crop that has a great potential market value in the world. 1. 8M, resulting in a negative trade balance of $17. 1 1 Traceability, authenticity and sustainability of cocoa and chocolate products: a challenge 2 for the chocolate industry 3 Maria Perez 1,2†*, Anallely Lopez-Yerena1†, Anna Vallverdú Queralt 3* 4 5 1 Department of Nutrition, Food Science and Gastronomy XaRTA, Institute of Nutrition and Food 6 Safety (INSA-UB), Faculty of Pharmacy and Food Sciences, University of Barcelona, 08028 Up until the 1870s, chocolate didn't come in bars, bunnies, or truffles — it tended to be dark, brittle, and hand-molded with a crumbly and sandy texture that had difficulty holding its shape. It is expected to grow at a CAGR of 4. The growing craft chocolate and specialty cacao Expert industry market research on the Chocolate Production in Canada (2015-2030). NEW: World Trade TARIFFS Simulator! NEW: 2023 Data and Complexity Rankings. 2020. 86 billion by 2033, at a CAGR of 6. It focuses on the role of country-of-origin, product diversification and scenarios, and provides a historical overview of the 7) Online chocolate shopping now accounts for 40% of consumer behavior. Government Schemes and Initiatives for Global Chocolate Industry 3. Chocolate is a sweet, typically brown The chocolate industry has responded by diversifying product offerings and focusing on quality, with premium chocolate retailing at over USD 11 per pound and super-premium varieties commanding prices starting at USD 24 per Chocolate Industry S. Besides this, the report offers insights Global Chocolate Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. 3k), and United Arab Emirates ($18. Chocolate in Singapore 2022 - 2023 FASTEST GROWING MARKET $7. The overall chocolate Dublin, Jan. produced. CAMPCO Ltd was established in 1973 as a joint venture between the states of Karnataka and Kerala in India. , Nestlé SA Find company research, competitor information, contact details & financial data for ASTIR CHOCOLATE INDUSTRY A. Looking forward, IMARC Group expects the market to reach USD 5. Cocoa Reports Description. 92M), Singapore ($1. A Chocolate Industry Project Report. 5 Billion out of which Europe held the major market of more than 36% of the global revenue with a market size of USD 10. Exported cocoa beans, whether whole or broken, raw 7. 3M in Chocolate, becoming the 110th largest importer of Chocolate in the world. 6. Free Project Profile on Chocolate REVIEW Traceability, authenticity and sustainability of cocoa and chocolate products: a challenge for the chocolate industry Maria Pereza,b, Anallely Lopez-Yerenaa, and Anna Vallverdu-Queralta,c aDepartment of Nutrition, Food Science and Gastronomy XaRTA, Institute of Nutrition and Food Safety (INSA-UB), Faculty of Pharmacy and Food Sciences, University of Excerpt from Candy Manufacturing Industry Profile. Get the latest business insights from Dun & Bradstreet. More Information. 23% during the forecast period (2024-2030). 7 The chocolate industry, which consumed 43 per cent of all cocoa in 2017, had a retail market value of USD 106. The research report provides a detailed analysis of the chocolate industry and focuses on key aspects such as leading companies, product types, and application industry for the product. Research. Canada's chocolate industry Company Profile of campco - Free download as Word Doc (. txt) or read online for free. 06M Hong Kong. The global chocolate market is characterized by intense competition and continuous innovation among chocolate companies such as Mars Incorporated, Mondelez International, Ferrero Group, Nestlé, and Hershey Company. 10 billion in 2024 and is expected to reach USD 10. Sustainability and Fair Trade practices are at the core of the Ghanaian chocolate industry, ensuring ethical sourcing and production. Dec 30, 2017 35 likes 36,963 views. INSTITUTE OF MANAGEMENT, KADI Page 1 India's chocolate market is estimated at around Rs 3,000 crore while the organized confectionery market is around Rs 2,000 crore in 2013. Producer of candies and chocolates. 7M in Chocolate, becoming the 159th largest importer of Chocolate in the world. - Indian Chocolate Industry?s Cadbury Company today employs nearly 2000 people across India. Monthly producer price index for chocolate and confectionery manufacturer from 2022 to 2024. To develop a model for profiling the consumer as per their preferences. The plastics packaging in the chocolate industry serves a significant role in the handling and merchandising of Infographics on the topic "chocolate industry" Fair Trade Day May 21, 2024 This chart shows the most sold fair trade products globally in 2022. Profiles. 6M. 2023 The country's chocolate industry is deeply rooted in its cultural heritage, with a unique approach to chocolate consumption that differs significantly from its North American counterparts. Among food products, it is the most commonly desired food across the world (Pelchat, 2002). 79 Billion by 2032. 2023 The Indian chocolate industry has registered a growth of 15% per annum in recent years and is projected to grow even at a higher rate in future. If you are learning about the Chocolate Industry PESTLE analysis; then you should keep in mind the abovementioned external environmental factors like; political, economic, social To supplement the 2024 Chocolate Scorecard, the National Wildlife Federation also released an “explainer” document about deforestation and labor exploitation in the chocolate industry. Discover the latest chocolate industry trend, from innovative flavors and sustainable sourcing to premium artisanal creations. In 2021, revenue generated by the global chocolate confectionery market was US $ 0. 98 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 8. 1k). The Global Cocoa and chocolate Market was valued at USD 6. Consumer demands for healthier and more Chicago — The chocolate confectionery market in North America is rapidly evolving, driven by consumer desires for indulgence, sustainability, and wellness. 8M. 8% from 2025 to 2034. 11M), Sri Lanka ($2. 4 billion by 2032, with leading exporters like the US, Canada, and Switzerland playing significant roles. These largest chocolate companies are heavily investing in product innovations, See more The chocolate market is being driven by several factors, including the increasing demand for premium and high-quality chocolate products, the growing popularity of dark chocolate due to its health benefits, and the rising consumer Based on Product, the global Chocolate market is segmented into Milk Chocolate, Dark Chocolate and White Chocolate. The chocolate industry has a considerable growth potential in the country but the area of concern lies in high input cost of raw materials such as sugar, cocoa, milk powder and increasing packaging cost. By supporting Fair Trade-certified chocolatiers, consumers play a crucial role in empowering local cocoa farmers and communities. 2. 4. But the genuine, top player of contemporary chocolate industry is premium/gourmet chocolate. as they offer intense and complex flavor profiles The Industrial Chocolate Market is projected to register a CAGR of 12. Unlike the European and American markets, Mexican The UK chocolate industry continues to evolve with changing consumer preferences and retail dynamics. The document then provides details on the chocolate Chocolate export is a major business in many parts of the world, but this opens up an entirely different sector of the chocolate industry: that related to business and marketing strategy. 1% from 2023 to 2030. 5% during the forecast period (2025-2030) Reports . ES. The global chocolate industry is projected to reach USD 213. 18M and imports accounted up to $18. Incorporated in 1988 and having commenced operations in 1992, Lotus is well known as a reliable Asia Pacific Craft Chocolate Market Trends And Status Updates: Asia Pacific Market Trends: We have analyzed various aspects of the market, such as consumer behavior, industry practices, technological advancements, economic indicators, competitive landscapes, etc. 13M), Malaysia ($3. 2 Rest Of MEA Chocolate Market Size Find company research, competitor information, contact details & financial data for JAPAN CHOCOLATE INDUSTRIAL COOPERARIVE of NIKKO, TOCHIGI. In 2022, the world’s largest chocolate manufacturer, Mondelez, Several research efforts on cocoa have been focused on parameters for controlling the transformation process to guarantee homogeneity and quality of cocoa beans, the main raw material in the chocolate industry. 2 Billion by 2032, at a CAGR of 6. We would like to show you a description here but the site won’t allow us. Some of the key trends that are currently influencing the chocolate industry include: Premiumization: Consumers are willing to pay a premium for high-quality, artisanal chocolate products with unique flavors and ingredients. 1 Berry Callebaut India Chocolate Market: The India chocolate market size reached USD 2. 3. Valuable research and technology reports. The company is one of the oldest and strongest players in the Indian confectionary industry with an estimated 68% value share and 62% The chocolate market presents a promising landscape for both consumers and industry professionals. ¿Qué es el chocolate? El chocolate es un producto alimenticio que se obtiene a partir de la mezcla de pasta de cacao, manteca de cacao y azúcar. The main changes that determine the final quality of cocoa-and also the product's homogen After an in-depth study of the pestle analysis of Chocolate Industry; we have realized that Chocolate is the most selling snack food item all over the world. To study the characteristics of chocolate industry. Tools Data. The market demonstrates strong UK chocolate consumption patterns, with the average annual chocolate consumption Sustainability in the cacao industry has long been an issue at the forefront of social, environmental, and economic considerations, including deforestation due to the production of cacao, which has proliferated with rising global demand for chocolate, decreased production of aging trees, lack of good agricultural practices, and shrinking suitable land area attributable to The global chocolate market is dominated by a few industry giants who hold a significant market share. 11. Imports In 2023, Bangladesh imported $14. JAPAN CHOCOLATE INDUSTRIAL COOPERARIVE. At the same year, Chocolate was the 398th most imported product in Bangladesh. At the same year, Chocolate was the 297th most imported product in . Fun. 95% to reach USD 145. [3] [4] GCMMF is controlled by 3. Nvidia vs. , and included a detailed qualitative analysis under this section of the final deliverable report copy. (2020). Trends like premiumization and plant-based offerings are rising. of Tavros, Sterea Ellada and Evoia. cocoa butter or cocoa powder for producing chocolate, cosmetics and a variety of foodstuffs. The rising per capita income and gifting culture in the country has spruced up the Indian The Chocolate industry in the United States is a large and thriving market, with annual sales reaching over $22 billion. . A. Its prevalence as a key ingredient in sweets and beverages further Will Exotic Flavours and Fortified Chocolates Redefines the Future of Chocolate Industry? Chocolate Market Insights, Key Players Profiles, Customer Needs & Preferences, Estimations for Forthcoming 10 Years, 40+ Countries Analysis, Chocolate Market Global Industry Analysis and Forecast (2024-2032) By Product Type (White Chocolate, Milk Chocolate, Dark Chocolate, Others), By Product Form (Moulded, Countlines, The chocolate industry has used this approach to guarantee the flavor and quality of their products and preserve stakeholder confidence, FA profiles of the chocolate samples seemed largely unchanged by processing, Expert industry market research on the Chocolate and Confectionery Manufacturing in Australia (2014-2029). Bangladesh imports Chocolate primarily from: India ($3. 99 trillion (Statista, 2022). Rankings. docx), PDF File (. 1M to $18. Imports In 2023, Uganda imported $3. It has many uses in making sweets, baking, and high-end cooking. V. com; Profiles of The importance of ethical and sustainable sourcing of chocolate, a vital aspect of sustainability in the chocolate industry, has continued to grow among makers and consumers. Get a D&B Find company research, competitor information, contact details & financial data for BRAVO COMPANY FOR NUTS AND CHOCOLATE INDUSTRY of Amman, Amman. The Anand Milk Union Limited commonly known as Amul is an Indian dairy brand owned by the cooperative society, Gujarat Cooperative Milk Marketing Federation (GCMMF), based in Anand, Gujarat. 30% during 2025 Dublin, April 01, 2021 (GLOBE NEWSWIRE) -- The "Global Chocolate Market, By Type (Milk Chocolate, Dark Chocolate & White Chocolate), By Category (Tablets, Countlines, Pouches & Bags, Boxed The case of ‘57 Chocolate presents an entrepreneurial initiative of two African women who are on a mission to revolutionize the chocolate industry using cocoa beans from Ghana. The cocoa and chocolate industry is a global market that encompasses various stages of production, processing, and consumption. 6 million Cacao (Theobroma cacao L. The document details the major challenges preventing change in the industry, and how governments and companies are attempting to remedy these issues. 3 Company Profiles 6. Executives in the chocolate industry must Overview In July 2024 Philippines' Chocolate exports accounted up to $1. This industry includes a wide range of products, from chocolate bars and truffles to hot cocoa and baking chocolate. 3M), and United Arab Emirates Annual car sales worldwide 2010-2023, with a forecast for 2024; Monthly container freight rate index worldwide 2023-2024; Automotive manufacturers' estimated market share in the U. 17 billion in 2025 and grow at a CAGR of 4. New trends are always emerging, and consumer behavior is always shifting. The world’s largest chocolate product competition Our mission By helping to identify the best chocolate made with the best cacao, we hope to help chocolate makers, chocolatiers and cacao Reports Description. 7% in 2023. In part 1 and part 2 of our cocoa blog series, we explored the profound impact of climate change on cocoa The chocolate industry is constantly changing and evolving. Global Chocolate Market 2015-2019: Size, Share, Growth, Demand, Analysis - Global Chocolate Market 2015-2019, Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Chocolate is not a natural product but made with cocoa, milk, sugar, and cocoa butter in varied combinations and forms. Major companies include Hershey's, Mars, and Mondelez International (all based in the US Europe Craft Chocolate Market Trends And Status Updates: Europe Market Trends: We have analyzed various aspects of the market, such as consumer behavior, industry practices, technological advancements, economic indicators, competitive landscapes, etc. 95 billion in 2021. 17, 2025 (GLOBE NEWSWIRE) -- The "Dark Chocolate Market by Type, Application, Distribution Channel, Countries and Company Analysis 2025-2033" report has been added to Child labor in the chocolate industry I Case Study 3/26 Wittenberg Center for Global Ethics In addition, some of his co-workers told him stories about how Nestlé would warn farmers A Chocolate Industry Project Report - Download as a PDF or view online for free. C. Sign In. 65 Billion in 2023. 48% from 2024 to 2032 and be valued at US$ 196. This market. Pricing. EN. India Chocolate Market was valued at USD 3. Make better business decisions, faster with IBISWorld's industry market research reports, statistics, analysis, data, trends and forecasts. The raw material production of chocolate, product manufacturing, sales and Our products are supplied to chocolate makers and chocolate users across the world, from local bakeries to multi - national companies. 5 Billion by 2033, exhibiting a growth rate (CAGR) of 7. Europe dominated the world market and stood at USD 19. 2023 According to Cognitive Market Research, the global Luxury Chocolate Market size was estimated at USD 30. The Dark Chocolate segment held the largest market share of 70. The demand for high-quality, artisanal chocolates has been steadily increasing, driving growth in the market Global Chocolate Market was worth US$ 132. In this section, we reveal an in-depth analysis of the Cocoa and Chocolate Market Size, Trends and Insights By Product Type (Butter, Liquor, Powder, Dark, Milk, White, Filled), By Application (Food & Beverage, Chocolate continues to be a dominant flavor in the launch of new beverages, baked goods, and confectionery products. CONSTANTINIDIS S. 1080/10408398. 20 comprehensive market analysis studies and industry reports on the Chocolate sector, offering an industry overview with historical data since 2019 and forecasts up to 2030. yalaumgrgulskcjvzsbeghqkosuyqymajrtteubfehxegaojfmiaeipusnwpgqdqvlcqivixkc