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Global Premium Chocolate Market 2018-2022

Global Premium Chocolate Market 2018-2022

About Premium Chocolate

Premium chocolate refers to luxury, high-quality, hand-crafted and expensive chocolate varieties.

Technavio’s analysts forecast the global premium chocolate market to grow at a CAGR of 7.28% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global premium chocolate market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Premium Chocolate Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Chocoladefabriken Lindt & Sprüngli
  • Ferrero
  • Mondelēz International
  • The Hershey Company
Market driver
  • New product launches
  • For a full, detailed list, view our report
Market challenge
  • Fluctuating price of cocoa beans
  • For a full, detailed list, view our report
Market trend
  • Demand for organic, vegan, sugar-free, and gluten-free chocolates
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 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?


Press Release

Technavio Announces the Publication of its Research Report – Global Premium Chocolate Market 2018-2022

Technavio recognizes the following companies as the key players in the global premium chocolate market: Chocoladefabriken Lindt & Sprüngli, Ferrero, Mondelēz International, and The Hershey Company.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is demand for organic, vegan, sugar-free, and gluten-free chocolates. With the growing awareness of the negative effects of synthetic products on health and the environment, most health-conscious and informed consumers have started using organic products. This also applies to the premium chocolate sector.”

According to the report, one driver in the market is new product launches. With increasing popularity of the premium segment, the number of product launches in the premium chocolate category is rising. Between 2011 and 2015, the number of product launches in the premium chocolate segment grew by over 70%, globally. In 2015, nearly 7% of chocolates launched were labeled premium.

Further, the report states that one challenge in the market is fluctuating price of cocoa beans. One of the most important challenges for the growth of the market is the fluctuating price of basic raw materials that includes cocoa beans, milk powder, and sugar. In 2016, the price of cocoa beans increased by nearly 1% from 2015. The price of premium chocolate is higher than other conventional chocolates and rising cost of cocoa beans will lead to further increase in the cost of production.

Companies Mentioned

Chocoladefabriken Lindt & Sprüngli, Ferrero, Mondelēz International, and The Hershey Company.

  • Executive summary
  • Scope of the report
  • Research methodology
    • Market outline
  • Market landscape
    • Market ecosystem
      • Table Parent market
      • Table Global premium chocolate market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Global premium chocolate market: Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global premium chocolate market 2017-2022 ($ billions)
      • Table Global premium chocolate market - Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by product
    • Segmentation by product
      • Table Global premium chocolate market: Segmentation by product 2017-2022 (% share of revenue)
    • Comparison by product
      • Table Comparison by product
    • Global dark premium chocolate market
      • Table Global dark premium chocolate market 2017-2022 ($ billions)
      • Table Global dark premium market - Year-over-year growth 2018-2022 (%)
    • Global white and milk premium chocolates
      • Table Global white and milk premium chocolate market 2017-2022 ($ billions)
      • Table Global white and milk premium chocolate market - Year-over-year growth 2018-2022 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical segmentation
      • Table Global premium chocolate market: Segmentation by geography 2017-2022 (% share of revenue)
    • Regional comparison
      • Table Regional comparison
    • EMEA - Market size and forecast 2017-2022
      • Table Premium chocolate market in EMEA 2017-2022 ($ billions)
      • Table Premium chocolate market in EMEA - Year-over-year growth 2018-2022 (%)
    • Americas - Market size and forecast 2017-2022
      • Table Premium chocolate market in Americas 2017-2022 ($ billions)
      • Table Premium chocolate market in Americas - Year-over-year growth 2018-2022 (%)
    • APAC - Market size and forecast 2017-2022
      • Table Premium chocolate market in APAC 2017-2022 ($ billions)
      • Table Premium chocolate market in APAC - Year-over-year growth 2018-2022 (%)
    • Key leading countries
      • Table Key leading countries
    • US
      • Table Premium chocolate market in US 2017-2022 ($ billions)
      • Table Premium chocolate market in US - Year-over-year growth 2018-2022 (%)
    • UK
      • Table Premium chocolate market in UK 2017-2022 ($ billions)
      • Table Premium chocolate market in UK - Year-over-year growth 2018-2022 (%)
    • Germany
      • Table Premium chocolate market in Germany 2017-2022 ($ billions)
      • Table Premium chocolate market in Germany - Year-over-year growth 2018-2022 (%)
    • Switzerland
      • Table Premium chocolate market in Switzerland 2017-2022 ($ billions)
      • Table Premium chocolate market in Switzerland - Year-over-year growth 2018-2022 (%)
    • Belgium
      • Table Premium chocolate market in Belgium 2017-2022 ($ billions)
      • Table Premium chocolate market in Belgium - Year-over-year growth 2018-2022 (%)
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Global cocoa beans prices November 2012- October 2017 ($ per kilogram)
  • Market trends
    • Demand for organic, vegan, sugar-free, and gluten-free chocolates
    • Support for sustainable cocoa production
    • Transparency in ingredient labeling
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Chocoladefabriken Lindt & Sprüngli
      • Table Vendor overview
      • Table Chocoladefabriken Lindt & Sprüngli - Business segments
      • Table Chocoladefabriken Lindt & Sprüngli- Organizational developments
      • Table Chocoladefabriken Lindt & Sprüngli - Geographic focus 2017
      • Table Chocoladefabriken Lindt & Sprüngli - Some of the key offerings
    • Ferrero
      • Table Vendor overview
      • Table Ferrero - Business segments
      • Table Ferrero - Organizational developments
      • Table Ferrero - Geographic focus 2017
      • Table Ferrero - Key offerings
    • The Hershey Company
      • Table Vendor overview
      • Table The Hershey Company - Business segments
      • Table The Hershey Company - Organizational developments
      • Table The Hershey Company - Geographic focus 2017
      • Table The Hershey Company - Key offerings
    • Mondelez International
      • Table Vendor overview
      • Table Mondelez International - Business segments
      • Table Mondelez International - Organizational developments
      • Table Mondelez International - Geographic focus 2017
      • Table Mondelez International - Some of the key offerings
    • Yýldýz Holding
      • Table Vendor overview
      • Table Yýldýz Holding - Business segments
      • Table Yýldýz Holding - Organizational developments
      • Table Yýldýz Holding - Geographic focus 2017
      • Table Yýldýz Holding - Some of the key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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