Market Research Logo

Global Truffle Chocolate Market 2018-2022

Global Truffle Chocolate Market 2018-2022

About this market

The improving lifestyle of consumers because of rising disposable income and growing health consciousness is driving the demand for premium and luxurious confectionery items. To align themselves with changing consumer preferences, manufacturers of confectionary products like pralines and truffles are experimenting with new flavors and ethnic ingredients. For example. in 2017. Ferrero acquired a premium confections brand named Fannie May to expand its footprints in the premium confectionery products market. Some of the well-known brands offering premium confections in truffles category include Ferrero Rocher and LINDOR. Technavio’s analysts have predicted that the truffles chocolate market will grow at a CAGR of almost 9 % by 2022.

Market overview

Growth in organized retailing outlets

Organized retailers have grown worldwide with the establishment of drug stores, supermarkets, hypermarkets, convenience stores, and specialty stores. Truffle chocolates are sold mainly in organized retailers with hypermarkets and supermarkets being its major distribution channels that make truffle chocolates available to consumers. Thus, the growing organized retailing outlets are positively impacting the truffle chocolate market.

Unstable cocoa prices and declining consumption

Cocoa is the important component for manufacturing truffle chocolate, which has been witnessing a fluctuating price range from the past decade. The volatile price of cocoa makes the chocolate production cost more volatile.

For the detailed list of factors that will drive and challenge the growth of the truffle chocolate market during 2019-2023, view our report.

Competitive landscape

The truffle chocolate market appears to be fragmented with presence of a large number of companies and the competition is getting fierce with all companies focusing on improving their position in the market. The growth in organized retailing outlets and the growing trend of premiumization are factors that are poised to provide immense opportunities for companies. Chocoladefabriken Lindt & Sprüngli, Ferrero, LOTTE CONFECTIONERY, Neuhaus, Purdys Chocolatier, Teuscher Chocolates of Switzerland, and Yildiz Holdingare some of the top companies in the truffle chocolate market covered in the report.

‘With the presence of a considerable number of companies, this market appears to be fragmented. This market research report will help clients identify new growth opportunities. Many companies in the truffle chocolate market are focusing on developing premium and luxurious confectionery products to cater to the changing preferences of consumers.’


PRESS RELEASE

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

Technavio recognizes the following companies as the key players in the global higher education market: Chocoladefabriken Lindt & Sprüngli, Ferrero, LOTTE’ CONFECTIONERY, Neuhaus, Purdys Chocolatier, Teuscher Chocolates of Switzerland, and Yildiz Holdingare

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the growing trend of premiumization.”

According to the report, one of the major drivers for this market is the growth in organized retailing outlets.

Further, the report states that one of the major factors hindering the growth of this market is unstable cocoa prices and declining consumption.

Companies Mentioned

Chocoladefabriken Lindt & Sprüngli

Ferrero

LOTTE CONFECTIONERY

Neuhaus

Purdys Chocolatier

Teuscher Chocolates of Switzerland

Yildiz Holding

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Parent market
      • Table Global chocolate market: Segmentation
    • 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 Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global truffle chocolate market - Market size and forecast 2017-2022 ($ mn)
      • Table Global truffle 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 truffle chocolate market by product - Market share 2017-2022 (%)
    • Comparison by product
      • Table Comparison by product
    • Global boxed assortments-based truffle chocolate market - Market size and forecast 2017-2022
      • Table Global boxed assortments-based truffle chocolate market - Market size and forecast 2017-2022 ($ mn)
      • Table Global boxed assortments-based truffle chocolate market - Year-over-year growth 2018-2022 (%)
    • Global seasonal-based truffle chocolate market - Market size and forecast 2017-2022
      • Table Global seasonal-based truffle chocolate market - Market size and forecast 2017-2022 ($ mn)
      • Table Global seasonal-based truffle 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 truffle chocolate market - Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • Truffle chocolate market in EMEA - Market size and forecast 2017-2022
      • Table Truffle chocolate market in EMEA - Market size and forecast 2017-2022 ($ mn)
      • Table Truffle chocolate market in EMEA - Year-over-year growth 2018-2022 (%)
    • Truffle chocolate market in the Americas - Market size and forecast 2017-2022
      • Table Truffle chocolate market in the Americas - Market size and forecast 2017-2022 ($ mn)
      • Table Truffle chocolate market in the Americas - Year-over-year growth 2018-2022 (%)
    • Truffle chocolate market in APAC - Market size and forecast 2017-2022
      • Table Truffle chocolate market in APAC- Market size and forecast 2017-2022 ($ mn)
      • Table Truffle chocolate market in APAC- Year-over-year growth 2018-2022 (%)
    • Key leading countries
      • Table Key leading countries
    • Truffle chocolate market in the US
      • Table Truffle chocolate market in the US - Market size and forecast 2017-2022 ($ mn)
      • Table Truffle chocolate market in the US - Year-over-year growth (%)
    • Truffle chocolate market in the UK
      • Table Truffle chocolate market in the UK - Market size and forecast 2017-2022 ($ mn)
      • Table Truffle chocolate market in the UK - Year-over-year growth (%)
    • Truffle chocolate market in Germany
      • Table Truffle chocolate market in Germany - Market size and forecast 2017-2022 ($ mn)
      • Table Truffle chocolate market in Germany - Year-over-year growth (%)
    • Truffle chocolate market in Brazil
      • Table Truffle chocolate market in Brazil - Market size and forecast 2017-2022 ($ mn)
      • Table Truffle chocolate market in Brazil - Year-over-year growth (%)
    • Truffle chocolate market in Japan
      • Table Truffle chocolate market in Japan - Market size and forecast 2017-2022 ($ mn)
      • Table Truffle chocolate market in Japan - Year-over-year growth (%)
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table An overview of the leading organized retailing chains selling truffle chocolate in different countries across the world
      • Table A brief overview of new and innovative product launches in the global truffle chocolate market since 2017
    • Market challenges
  • Market trends
    • Growing trend of premiumization
    • Rising influence of online purchasing
    • Increasing number of mergers and acquisitions
      • Table An overview of major M&A in the global confectionery industry since 2014
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Competitive landscape
    • 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
      • Table Chocoladefabriken Lindt & Sprüngli - Segment focus
      • Table Chocoladefabriken Lindt & Sprüngli - Key offerings
    • Ferrero
      • Table Vendor overview
      • Table Ferrero - Business segments
      • Table Ferrero - Organizational developments
      • Table Ferrero - Geographic focus
      • Table Ferrero - Segment focus
      • Table Ferrero - Key offerings
    • LOTTE CONFECTIONERY
      • Table Vendor overview
      • Table LOTTE CONFECTIONERY - Business segments
      • Table LOTTE CONFECTIONERY - Organizational developments
      • Table LOTTE CONFECTIONERY - Geographic focus
      • Table LOTTE CONFECTIONERY - Segment focus
      • Table LOTTE CONFECTIONERY - Key offerings
    • Neuhaus
      • Table Vendor overview
      • Table Neuhaus - Business segments
      • Table Neuhaus - Organizational developments
      • Table Neuhaus - Geographic focus
      • Table Neuhaus - Segment focus
      • Table Neuhaus - Key offerings
    • Purdys Chocolatier
      • Table Vendor overview
      • Table Purdys Chocolatier - Business segments
      • Table Purdys Chocolatier - Organizational developments
      • Table Purdys Chocolatier - Geographic focus
      • Table Purdys Chocolatier - Segment focus
      • Table Purdys Chocolatier - Key offerings
    • Teuscher Chocolates of Switzerland
      • Table Vendor overview
      • Table Teuscher Chocolates of Switzerland - Business segments
      • Table Teuscher Chocolates of Switzerland - Organizational developments
      • Table Teuscher Chocolates of Switzerland - Geographic focus
      • Table Teuscher Chocolates of Switzerland - Segment focus
      • Table Teuscher Chocolates of Switzerland - Key offerings
    • Yildiz Holding
      • Table Vendor overview
      • Table Yildiz Holding - Business segments
      • Table Yildiz Holding - Organizational developments
      • Table Yildiz Holding - Geographic focus
      • Table Yildiz Holding - Segment focus
      • Table Yildiz Holding - Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report