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Chocolate Market in Europe 2015-2019 

Chocolate Market in Europe 2015-2019 

About Chocolate

Chocolate is made from cocoa liquor, cocoa butter, sugar, and lecithin. It is consumed between meals and as a dessert or during any part of the day. Chocolate is an important ingredient in confectionery products, ice creams, and bakery products.

Technavio's analysts forecast the chocolate market in Europe to grow at a CAGR of 4.33% in terms of revenue during 2014-2019.

Covered in this Report

The chocolate market in Europe can be segmented into three categories: milk chocolate, dark chocolate, and white chocolate.

Technavio's report, Chocolate Market in Europe 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. This report provides a brief demographic profile of Europe. The report also includes a discussion of the key vendors operating in this market.

Key Vendors

  • Ferrero Group
  • Hershey's
  • Mars
  • Mondelēz International
  • Nestlé
  • Ritter Sport
Other Prominent Vendors
  • Alfred Ritter
  • Archer Daniels Midland
  • August Storck
  • Barry Callebaut Group
  • Blommer Chocolate
  • Brookside Foods
  • Cémoi
  • Chocolate Frey
  • Fazer Group
  • Kegg's Candies
  • Lindt & Sprüngli
  • Natra
  • Orkla
  • Roshen Confectionery
  • Russell Stover Candies
  • Tangerine Confectionery
  • United Confectionary Manufacturers
  • Warrell
  • Yildiz Holding
Key Market Driver
  • Introduction of New Varieties
  • For a full, detailed list, view our report
Key Market Challenge
  • Rising Cost of Ingredients
  • For a full, detailed list, view our report
Key Market Trend
  • Health Benefit Claims
  • For a full, detailed list, view our report
Key Questions Answered in this Report
  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Chocolate Market in Europe 2015-2019

Technavio recognizes the following companies as the key players in the Chocolate Market in Europe: Ferrero Group, Hershey's, Mars, Mondelēz International, Nestlé and Ritter Sport

Other Prominent Vendors in the market are: Alfred Ritter, Archer Daniels Midland, August Storck, Barry Callebaut Group, Blommer Chocolate, Brookside Foods, Cémoi, Chocolate Frey, Fazer Group, Kegg's Candies, Lindt & Sprüngli, Natra, Orkla, Roshen Confectionery, Russell Stover Candies, Tangerine Confectionery, United Confectionary Manufacturers, Warrell and Yildiz Holding

Commenting on the report, an analyst from Technavio’s team said: “Vendors have started making products that are low in sugar content and have added nutritional benefits. These days, many chocolate bars contain added cereal and muesli. Stevia-based chocolate is also becoming popular amongst people with diabetes as it is safe for them to consume. Many weight-conscious, health-conscious, or calorie-conscious people also prefer stevia-based chocolate products. Stevia, or steviol glycoside sweetener, is a popular substitute for sugar because it contains less calories. Vendors are advertising the health benefit claims of their products to boost their sales.”

According to the report, many new varieties, products, and flavors have been introduced by chocolate vendors to cater to the needs of consumers. Stevia-based chocolate products are popular with weight conscious people. Many vendors are offering added health benefits in chocolates to counter the criticism about the lower nutritional content. Chocolate is also offered in a variety of flavors such as lemon and orange, and some contain fruits such as strawberries, raspberries, cherries, and peaches. The introduction of these new products drives market growth.

Further, the report states that the increase in the price of cocoa and sugar has made it difficult for vendors to sell chocolate at a constant price.

Companies Mentioned

Ferrero Group, Hershey's, Mars, Mondelēz International, Nestlé, Ritter Sport, Alfred Ritter, Archer Daniels Midland, August Storck, Barry Callebaut Group, Blommer Chocolate, Brookside Foods, Cémoi, Chocolate Frey, Fazer Group, Kegg's Candies, Lindt & Sprüngli, Natra, Orkla, Roshen Confectionery, Russell Stover Candies, Tangerine Confectionery, United Confectionary Manufacturers, Warrell, Yildiz Holding

  • Executive Summary
  • List of Abbreviations
  • Scope of the Report
    • Market Overview
    • Product Offerings
  • Market Research Methodology
    • Market Research Process
    • Research Methodology
      • Table Market Research Methodology
  • Introduction
  • Demographic Profile: Europe
    • Summary
    • Top 10 Leading Countries by GDP 2013
    • GDP Per Capita for Europe 2009-2014
    • Economic Overview of 10 European Countries
  • Market Landscape
    • Market Overview
    • Market Size and Forecast
      • Table Chocolate Market in Europe 2014-2019 ($ billions)
      • Table Comparative Analysis of Global Chocolate Market and Chocolate Market in Europe 2014
    • Five Forces Analysis
  • Market Segmentation by Product
    • Chocolate Market in Europe by Product 2014 and 2019
      • Table Chocolate Market in Europe by Product 2014 and 2019
    • Milk Chocolate Market in Europe
      • Market Size and Forecast
        • Table Milk Chocolate Market in Europe 2014-2019 ($ billion)
    • Dark Chocolate Market in Europe
      • Market Size and Forecast
        • Table Dark Chocolate Market in Europe 2014-2019 ($ billions)
    • White Chocolate Market in Europe
      • Market Size and Forecast
        • Table White Chocolate Market in Europe ($ billions)
  • Market Segmentation by Packaging
    • Table Chocolate Market in Europe by Packaging 2014
  • Market Segmentation by Distribution Channel
    • Table Chocolate Market in Europe by Distribution Channel 2014
  • Key Leading Countries
    • Russia
    • Germany
    • UK
    • France
    • Italy
    • Spain
  • Key Cocoa Producing Countries
    • Table Key Cocoa Producing Countries 2014
    • Ivory Coast
      • Ghana
      • Indonesia
      • Nigeria
      • Cameroon
  • Buying Criteria
  • Market Growth Drivers
  • Drivers and Their Impact
  • Market Challenges
  • Impact of Drivers and Challenges
  • Market Trends
  • Trends and Their Impact
  • Vendor Landscape
    • Competitive Scenario
    • Market Share Analysis 2014
    • Other Prominent Vendors
  • Key Vendor Analysis
    • Ferrero
      • Key Facts
      • Business Overview
      • Business Segmentation
        • Table Ferrero: Business Segmentation
      • Revenue Comparison
        • Table Ferrero: Revenue Comparison 2012 and 2013
      • Recent Developments
      • SWOT Analysis
    • Hershey's
      • Key Facts
      • Business Overview
      • Revenue Comparison
        • Table Hershey's: Revenue Comparison 2012 and 2013 ($ millions)
      • Product Segmentation
        • Table Hershey's: Product Segmentation 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Mars
      • Key Facts
      • Business Overview
      • Business Segmentation
        • Table Mars: Business Segmentation
      • Recent Developments
      • SWOT Analysis
    • Mondelez International
      • Key Facts
      • Business Overview
      • Revenue by Business Segmentation 2013
        • Table Mondelez International: Revenue by Business Segmentation 2013
      • Revenue by Business Segmentation 2012 and 2013
        • Table Mondelez International: Revenue by Business Segmentation 2012 and 2013 ($ billions)
      • Revenue by Geographical Segmentation 2013
        • Table Mondelez International: Revenue by Geographical Segmentation 2013
      • Recent Developments
      • SWOT Analysis
    • Nestlé
      • Key Facts
      • Business Overview
      • Revenue by Business Segmentation 2013
        • Table Nestlé: Revenue by Business Segmentation 2013
      • Revenue by Business Segmentation 2012 and 2013
        • Table Nestlé: Revenue by Business Segmentation 2012 and 2013 ($ millions)
      • Revenue by Geographical Segmentation 2013
        • Table Nestlé: Revenue by Geographical Segmentation 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Ritter Sport
      • Key Facts
      • Business Overview
      • SWOT Analysis
  • Other Reports in this Series

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