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Chocolate Confectionery Global Market By Product Type, By Distribution Channel, By Price Point, By Category, Regional Forecast 2023-2032 | Barry Callebaut, The Hershey Company, Nestle SA, Mars Incorporated, Lotte Corporation
Chocolate Confectionery Market
Chocolate Confectionery Market Size, Growth Rate, And Forecast
The global chocolate confectionery market size is expected to grow from $175.83 billion in 2022 to $185.09 billion in 2023 at a compound annual growth rate (CAGR) of 5.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global chocolate confectionery market size is expected to reach $216.81 billion in 2027 at a CAGR of 4.0%.
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Chocolate Confectionery Market Drivers
The increased chocolate consumption is expected to propel the growth of the chocolate confectionery market going forward. Chocolate consumption refers to the total amount of chocolate that an individual or population consumes over a given time frame.
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Chocolate Confectionery Market Segments
• By Type: Milk Chocolate, Dark Chocolate, White chocolate
• By Category: Premium, Seasonal, Everyday
• By Distribution Channel: Supermarkets And Hypermarkets, Convenience Stores, Pharmaceutical and drug stores, Specialty stores, Duty-free stores, E-commerce, Other Distribution Channels
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Europe was the largest region in the Chocolate Confectionery market.
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Chocolate Confectionery Market Key Players
Major players in the Chocolate Confectionery market are Barry Callebaut, The Hershey Company, Nestle SA, Mars Incorporated, Lotte Corporation, Mondelez International Inc., Chocoladefabriken Lindt & Sprüngli AG, Ferrero SpA, Lake Champlain Chocolates, Cémoi Group, Olam International, Koninklijke DSM N.V., Kerry Group PLC, Delfi Limited, and Tate & Lyle PLC.
The Business Research Company's "Global Chocolate Confectionery Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table of Content for The Chocolate Confectionery Market Include:
1. Executive Summary
2. Chocolate Confectionery Market Characteristics
3. Chocolate Confectionery Market Trends And Strategies
4. Chocolate Confectionery Market - Macro Economic Scenario
5. Chocolate Confectionery Market Size And Growth
.....
26. Africa Chocolate Confectionery Market
27. Chocolate Confectionery Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Chocolate Confectionery Market
29. Chocolate Confectionery Market Future Outlook and Potential Analysis
30. Appendix
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