Over the past five years, the Chocolate Production industry has benefited from trends including improving disposable incomes, greater demand for premium chocolates and vibrant export markets. However, other trends, including volatile cocoa prices and rising health consciousness, have limited industry growth. In the coming years, this industry will benefit from improvements in discretionary income, with the strongest growth in demand for premium, dark and organic chocolates. Moreover, consolidation will help keep market concentration high and profit margins stable despite volatile input costs.
Operators in this industry process cocoa beans and other ingredients into chocolate and chocolate-based candy. Products include chocolate candy bars, boxed chocolates and chocolate-covered nuts.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.