Global Chocolate Retail (Dark, Milk, White, Ruby) Market Report 2023-2028: Business Overview, Product Offerings, Key Financials, and Recent Developments - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Global Chocolate Retail Market (2023 Edition) - Analysis By Product Type (Dark, Milk, White, Ruby), Form (Bars, Liquid, Powder), Distribution Channel, By region, By country: Market Size, Insights, Competition, Covid-19 Impact and Forecast (2023-2028)" report has been added to ResearchAndMarkets.com's offering.

During the forecast period, 2023-2028, the Global Chocolate Retail Market is expected to expand at a CAGR of 5.9% .The Global Chocolate Retail Market is expected to generate USD 176.2 billion by the end of 2028, up from USD 111.23 billion in 2021

The research study also looks at the market growth indicators, restraints, supply and demand risk, and other important statistics, as well as a full assessment of current and future market trends that are relevant to the market evolution.

Increasing disposable income, change in eating preferences and the developing trend of gifting chocolates on festivals and occasions is driving the global chocolate retail market.

The chocolate market is a dynamic and innovative industry, witnessing the release of over 5,000 new chocolate products in global retail markets in 2021 alone.

While the majority of chocolate is sold through supermarkets and grocery stores, convenience stores are gaining popularity due to their convenient locations in residential and commercial areas, making affordable chocolates easily accessible. The increasing interest of consumers in emerging trends like organic and sugar-free chocolates is driving experimentation and contributing to the growth of the chocolate retail market.

Furthermore, the chocolate confectionery market is characterized by a handful of global giants, including Nestle, Lindt, and Hershey, who dominate different regions and maintain profitable oligopolies. Customer experience, encompassing all interactions with a brand, whether through physical stores, customer support, or product interactions, is a crucial aspect for chocolate companies.

There is a noticeable shift in consumer preferences towards candy bars, driving innovation in the chocolate candy category. This presents an opportunity for convenience store retailers to boost chocolate sales by offering limited-time promotions alongside established customer favorites. The perceived health benefits of dark chocolate, such as its antioxidant content, blood pressure-lowering properties, and potential anti-aging effects, are contributing to the increasing acceptance of dark chocolates among consumers.

Europe holds a significant share of the global chocolate market, with countries like the UK, France, Germany, Switzerland, Belgium, the Netherlands, and Italy experiencing a "dark chocolate revolution." The market for dark chocolate in Europe is on the rise due to both consumer demand and the introduction of innovative products featuring dark chocolate.

Additionally, China and India are emerging as lucrative markets for chocolate retail, driven by changing food safety regulations and a growing appetite for affordable and premium chocolates. Mars Incorporated, for example, plans to expand its product range and presence in 6,000 cities in India, launching India-specific variants like Snickers Berry Whip, a strawberry-flavored chocolate bar.

The report also offers insights into the competitive landscape of the industry and profiles leading players in the Global Chocolate Retail Market, including Mondelez International, Inc., Hershey Company, Ferrero International S.A., Mars Incorporated, Nestle S.A., Chocoladefabriken Lindt & Sprungli AG, Meiji Holdings Co., Ezaki Glico Co. Ltd., Orion Corporation, and Yildiz Holding.

These profiles include essential information such as business overviews, product offerings, key financials, and recent developments. Overall, the report provides a comprehensive overview of the Global Chocolate Retail Market, serving as a valuable resource for industry consultants, manufacturers, existing players seeking expansion opportunities, new entrants, and other stakeholders looking to align their strategies with current and future market trends.

Key Attributes:

Report Attribute	Details
No. of Pages	260
Forecast Period	2023 - 2028
Estimated Market Value (USD) in 2023	$132.55 Billion
Forecasted Market Value (USD) by 2028	$176.2 Billion
Compound Annual Growth Rate	5.8%
Regions Covered	Global

Global Chocolate Retail Market Overview

• Impact Analysis of Macro Economic Factors on Chocolate Retail
• Chocolate Consumption Per Capita (kg), by Countries, 2021
• Confectionery Retailer Market Share, By Region, 2021
• Global Chocolate Retail: Dashboard
• Global Chocolate Retail: Market Size and CAGR, 2018-2028 (USD Million & CAGR)
• Impact of COVID-19 on Chocolate Retail

Global Chocolate Retail, Region Analysis

• Regional Coverage of the Study
• Regional Snapshot

Industry Ecosystem

• Macro-Economic Factor Assessment
• Value Chain Analysis
• Porter's Five Forces Model

Scope of the Report

Global Chocolate Retail Segmentation: By Product Type

• Global Chocolate Retail Size, By Dark Chocolate, By Value, 2018H-2028F (USD Million & CAGR)
• Global Chocolate Retail Size, By Milk Chocolate, By Value, 2018H-2028F (USD Million & CAGR)
• Global Chocolate Retail Size, By White Chocolate, By Value, 2018H-2028F (USD Million & CAGR)
• Global Chocolate Retail Size, By Ruby Chocolate, By Value, 2018H-2028F (USD Million & CAGR)

Global Chocolate Retail Segmentation: By Form

• Global Chocolate Retail Size, By Bars, By Value, 2018H-2028F (USD Million & CAGR)
• Global Chocolate Retail Size, By Liquid, By Value, 2018H-2028F (USD Million & CAGR)
• Global Chocolate Retail Size, By Powder, By Value, 2018H-2028F (USD Million & CAGR)

Global Chocolate Retail Segmentation: By Distribution Channel

• Global Chocolate Retail Size, By Supermarket, By Value, 2018H-2028F (USD Million & CAGR)
• Global Chocolate Retail Size, By Hypermarket, By Value, 2018H-2028F (USD Million & CAGR)
• Global Chocolate Retail Size, By Convenience Stores, By Value, 2018H-2028F (USD Million & CAGR)
• Global Chocolate Retail Size, By Other, By Value, 2018H-2028F (USD Million & CAGR)

Competitive Positioning: Companies' Product Positioning, Market Position Matrix, Market Share Analysis of Chocolate Retail Market

• Chocoladefabriken Lindt & Sprungli AG
• Ezaki Glico Co. Ltd.
• Ferrero International S.A.
• Hershey Company
• Mars Incorporated
• Meiji Holdings Co.
• Mondelez International, Inc.
• Nestle S.A.
• Orion Corporation
• Yildiz Holding

For more information about this report visit https://www.researchandmarkets.com/r/ydhkuw

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