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The chocolate confectionery market research report provides a detailed analysis of the market and focuses on key aspects such as leading companies, product types, and leading distribution channels of the product. An Infographic Representation of Chocolate Confectionery Market, To get information on various segments, share your queries with us. Remarkable job and great efforts by your research team. To know how our report can help streamline your business, Speak to Analyst, Dark Chocolate Segment to Grow at Significant CAGR Backed by Shifting Consumer Preference towards High-end Chocolates. Which region held the highest share in the market? The data offered to us was exactly what we were looking for. In addition to the aforementioned factors, the report encompasses several factors that have contributed to the growth of the market over recent years. Company name. Sugar confectionery includes candies (sweets in British English), candied nuts, chocolates, chewing gum, bubble gum, pastillage, and other confections that are made primarily of sugar. Request a Free sample to learn more about this report. Chocolates have become a popular dessert of religious events, special occasions such as Christmas, Easter, and others. Reticence of U.S. Consumers towards Sugar Intake is Affecting Sales by Volume. 08 November. In developed countries such as Japan and Australia, the industry is currently driven by the knowledge of perceived health benefits of cocoa such as its polyphenol content and its role in healthy aging. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”, “Please pass on our sincere thanks to the whole team at Fortune Business Insights. Chocolate confectionery continued to grow in 2017, with retail sales rising by 5% to US$4.9 billion. Robust Demand for Specialty Chocolate Products Supports Market Growth. Negotiable price Product features. Fortune Business Insights says that the global chocolate confectionery market size was valued at USD 114.33 billion in 2019 and is projected to reach USD 136.42 billion by 2027. The rising per capita income of consumers across the world has led to increased spending on premium, dark chocolates. It looks quite comprehensive and the data is exactly what I was looking for. Boston was once the candy capital of America, with the first chocolate factory started by Dr. Baker on the Neponset River. The market report provides qualitative and quantitative insights. For instance, Nestlé has patented a new process to naturally sweeten chocolate and to cut the use of refined sugar. What was the value of the market in North America in 2019? No comments. Chocolate products are also known for their stress-relieving characteristics, which had led to the sudden rise in their sales in the initial months of COVID-19 outbreak. For instance, The Hershey Company’s (one of the major players in this market) net sales stood at USD 2.037 billion in the first quarter of 2020 which is an increase of 1% compared to the same period a year ago. The texture and technological properties of confectionery products are to a large extent controlled by its structure. Merletto Confectionery rejected this approach to confectionery production from the very start. Further, chocolate confectionery manufacturing companies conduct several marketing & promotional activities to increase the outreach of their products amongst their targeted end-user segments. At what CAGR is the market projected to grow in the forecast period (2020-2027)? However, the milk chocolate segment holds the major market share across the globe owing to its popularity among children and adolescents. Shop our epic range of chocolate and confectionery showbags. A wide variety of sell chocolate confectionery options are available to you, such as fruity, cream. While global politics become increasingly tumultuous and extremist, Brits can rest assured that democracy is thriving – at least in the UK chocolate market. This is a list of brand name confectionery products. Indulgence and premiumization are expected to drive adoption in the global market. The market in Asia Pacific is expected to grow at a significant CAGR. According to the U.S. Department of Agriculture, grocery store sales were up 99% in the middle of March and 25% higher on April 1st in 2020, compared to the previous year. Add favorites Compare. Unwrapping the plant-based milk chocolate opportunity. 885 sell chocolate confectionery products are offered for sale by suppliers on Alibaba.com, of which chocolate accounts for 4%, hard candies accounts for 1%, and gummy candies accounts for 1%. We specialize in high quality, custom-formulated chocolate and confectionery ingredients for the nutritional bar, bakery, confectionery, and ice cream industry. Promotion ends 31st Dec. Log in to buy Embrace Advent with our selection of handmade chocolate confectionery The Icelandic winter can be long, bleak and cold. The increasing prevalence of lifestyle-related health conditions such as obesity and diabetes associated with excessive sugar consumption is having a significant impact on the chocolate industry. Within Europe, countries such as Switzerland, Belgium, Germany, Austria, and the U.K. are the largest producers and consumers of chocolate products. Dark chocolates offer a premium appeal to the consumers along with the healthy, sensorial, and textural benefits. North America is the major market shareholder due to the growing demand for premiumized chocolate confectioneries. But even in this sweet category the Latin American consumers like to have more healthy products but without compromising on the current taste. Flour confectionery covers products that are made from flour and are baked. The origin of cocoa is becoming an important factor in consumer purchasing decisions owing to the rising concerns regarding the safety of the product due to the presence of micro-organisms such as salmonella and heavy metal traces such as cadmium and lead. RSP: £1.00. With a broad range to choose from, Nestlé chocolate and confectionery products can be enjoyed by almost everyone as part of a well-balanced diet and active lifestyle. SKU: 308814. But even in this sweet category the Latin American consumers like to have more healthy products but without compromising on the current taste. Confectionery: Chocolate: Top Products 2019. almonday milk almonds chocolate 35 gm x 12 المونداي شوكولاته 35 جم KD: 0.690 :د.ك Ex Tax: KD: 0.690 :د.ك Add to Cart Quick View Confectionery Products exporters - Sweet Confectionery suppliers of Pineachew Pineapple Toffees india, indian Eclairs Chocolate Toffees, wholesale Pineachew Pineapple Toffees supplier, Confectionery Products exporter, Confectionery Products, Pineachew Pineapple Toffees, Eclairs Chocolate Toffees Which is the key factor driving the market? In some cases, chocolate confections (confections made of chocolate) are treated as a separate category, as are sugar-free versions of sugar confections. In addition, appealing packaging of products, innovative branding activities, and promotional events increase the demand for chocolates amongst consumers. Yurima Aguilar Considering the year-on-year sales statistics of chocolate confectionery products, the industry players are securing their position with the aggressive strengthening of the supply chain from procurement of raw materials to the production of chocolates. All rights reserved. It is typical for many existing brands of confectionery products to use coating chocolate instead of coverture. Ferrero Rocher T3 Rocher T16 Rocher T30. Kit Kat 2 Finger Milk Chocolate Biscuit Bar Multipack 5 Pack PMP £1. We know where we will be getting business intelligence from in the future.”, “Thank you for sending the market report and data. I appreciate the timeliness and responsiveness of you and your team.”, © 2020 Fortune Business Insights . Who are the major players in this market? The growing demand for such chocolates has encouraged manufacturers to introduce small, consumer packs in the market, which is expected to boost growth during the forecast period. Compliance Concerns. Consumers look for novel chocolate flavors and innovative chocolate formulations, which fuels the segmental growth. The production and sales of chocolate items have experienced a sudden slump due to the outbreak of the COVID-19 pandemic. Rakhat also manufactures diabetes-sensitive products including chocolate, candy, cookies and waffles with reduced caloric content and sugar subsitutes. It also offers a detailed analysis of its utility, applications, availability of raw materials, types of chocolate confectionery, market size and growth rate for all possible segments in the market. Technological Advancements Contribute to the Increasing Demand for Premium Chocolates. Consumers have a growing interest in organic products, which opens up many opportunities for the confectionery industry. The rapid escalation in demand for premium or specialty chocolates, especially in developed markets such as the U.S., France, Belgium, and Germany has been observed in recent years and an upward trend is expected in the coming years. Updated. In general, though, confectionery is divided into two broad and somewhat overlapping categories, bakers' confections and sugar confections. Barry Callebaut to Invest in Innovation & Expansion to Strengthen Market Presence. North America dominated the market share in 2019. The market in the region is primarily propelled by the growing trend of organic and clean-label chocolate confectioneries. Filter All products Els PW 1475 Contact us. Let us know your concerns. Higher cocoa content is perceived to have low sugar content, ultimately flourishing the dark chocolate segment. 5pk × 18. The rising trend of organic and sustainably sourced chocolate has contributed to new product developments in the chocolate confectionery industry. Yurima Aguilar AKTIEN-BRAUEREI Food and beverages A/S. The trend of consuming healthy products to maintain overall health is expected to create enormous opportunities for dark & organic chocolate confectionery in forthcoming years. Negotiable price Product located Denmark. Technology of Coated and Filled Chocolate Confectionery and Bakery Products Chocolate confectionery. Ferrero SpA remained the leading player in chocolate confectionery in Italy in 2019. Discover our chocolate and confectionery brands. The demand for chocolate confectioneries in emerging economies such as China and India has witnessed an upward trend in recent years, attributed to the increasing consumer expenditure on indulgent confectionery products, especially chocolate items. We do our best to produce excellent sweets. The emerging trend of clean-label and organic products to maintain overall health & wellness has increased the demand for dark & sugar-free chocolate snacks with higher cocoa content. Increasing the association of chocolate with festivals & special occasions is the key factor driving the growth of the market. In 2019, the North America market value stood at USD 19.50 billion. Confectionery is normally divided into three classes: flour confectionery, chocolate confectionery, and sugar confectionery. Chocolate is one of life's most joyous pleasures, and the sheer variety of its many forms never ceases to amaze. Learn how and when to remove this template message, List of bean-to-bar chocolate manufacturers, "Seven lost British sweets we pray will come back", "The obscure Aldi product Chinese shoppers are going crazy for", Snackspot.org.uk: Maynards Wine Gums Light, https://en.wikipedia.org/w/index.php?title=List_of_confectionery_brands&oldid=989702260, Short description is different from Wikidata, Articles needing additional references from June 2012, All articles needing additional references, Creative Commons Attribution-ShareAlike License, This page was last edited on 20 November 2020, at 14:47. The confectionery industry is comprised of three segments: chocolate confectionery, sugar confectionery and gum products. Although chocolate confectionery continued to see retail volume and current value growth in 2019, increasing concern around sugar consumption and its correlation with weight gain and food-related health problems is putting pressure on chocolate consumption in the UK. The market exhibits a highly consolidated structure. The global chocolate confectionery market size was valued at USD 114.33 billion in 2019 and is projected to reach USD 136.42 billion by 2027, exhibiting a CAGR of 2.3% during the forecast period. Source: Unsplash. Along with the growing population, the increase in the consumption of various confectionery products such as sugar, chocolate, gums, and others are growing. The FDA altered the regulations in the year 2018 for all the U.S. chocolate confectionery products, forcing companies to have a declaration on the packaged items about how the added sugar content is likely to create health issues. The leading players in the industry are taking efforts to develop and launch low-sugar chocolate products. Strauss's Chocolate & Confectionery products have sweetened many wonderful moments for children and adults alike, in Israel and elsewhere, for decades, and combine nostalgia with innovation: the first, through the Elite brand, a national treasure that brought us Parra chocolate… How much is the chocolate confectionery market worth? From our exceptional Marc de Champagne Truffles and Salted Caramels to our hand made Rose & Violet Creams, Fortnum's exquisite chocolates are the best kind of indulgence By Daniel Selwood 2019-12-13T10:02:00+00:00. To get information o… As islanders in the north, the warmth of a lit candle, the nearness of family and friends and a dash of hygge are what make the holiday season extra … Importance of seasonal chocolates during special events and their increased affordability is aiding. To our use of refined sugar events and their increased affordability is aiding. Crumble to Allen 's Snakes and are baked Drive Global chocolate sales further. 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