Global Seasonal Chocolates Market will grow by USD 7.9Bn

Technavio has been monitoring the seasonal chocolates market and it is poised to grow by USD 7.9 billion during 2020-2024, progressing at a CAGR of over 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

The market is concentrated, and the degree of concentration will accelerate during the forecast period. AE HAIGH Pty. Ltd., Chocoladefabriken Lindt & Sprüngli AG, Ferrero International SA, Gayles Chocolates, Godiva Chocolatier Inc., Mars Inc., Mondelez International Inc., Nestle SA, Phillips Candy House Inc., and The Hershey Co. are some of the major market participants. The rising demand for organic and vegan chocolates will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Frequently Asked Questions-

What are the major trends in the market?
Festive holidays is one of the major trends in the market.

At what rate is the market projected to grow?
Growing at a CAGR of over 7%, the incremental growth of the market is anticipated to be USD 7.9 billion.

Who are the top players in the market?
AE HAIGH Pty. Ltd., Chocoladefabriken Lindt & Sprüngli AG, Ferrero International SA, Gayles Chocolates, Godiva Chocolatier Inc., Mars Inc., Mondelez International Inc., Nestle SA, Phillips Candy House Inc., The Hershey Co., are some of the major market participants.

What are the key market drivers and challenges?
Rising demand for organic and vegan chocolates is one of the major factors driving the market. However, the challenge from premium chocolates restraints the market growth.

How big is the Europe market?
The Europe region will contribute 37% of market growth.

Seasonal Chocolates Market 2020-2024: Segmentation

Seasonal Chocolates Market is segmented as below:
  • Product
    • Dark Seasonal Chocolate
    • White and Milk Seasonal Chocolate
  • Type
    • Filled Seasonal Chocolates
    • Unfilled Seasonal Chocolates
  • Distribution channel
    • Supermarkets and Hypermarkets
    • Independent Retailers
    • Specialist Retailers
    • Online Retailers
  • Geographic Landscape
    • Europe
    • North America
    • APAC
    • South America
    • MEA
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43004

Seasonal Chocolates Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The seasonal chocolates market report covers the following areas:
  • Seasonal Chocolates Market Size
  • Seasonal Chocolates Market Trends
  • Seasonal Chocolates Market Industry Analysis
This study identifies festive holidays as one of the prime reasons driving the seasonal chocolates market growth during the next few years.

Seasonal Chocolates Market 2020-2024: Key Highlights

CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist seasonal chocolates market growth during the next five years
Estimation of the seasonal chocolates market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the seasonal chocolates market
Analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of seasonal chocolates market vendors

Table of Contents:
  • Executive Summary
    • Market Overview
  • Market Landscape
    • Market ecosystem
    • Value chain analysis
  • Market Sizing
    • Market definition
    • Market segment analysis
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024
  • Five Forces Analysis
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition
    • Customer landscape
    • Overview
  • Drivers, Challenges, and Trends
    • Market drivers
    • Volume driver - Demand led growth
    • Volume driver - Supply led growth
    • Volume driver - External factors
    • Volume driver - Demand shift in adjacent markets
    • Price driver - Inflation
    • Price driver - Shift from lower to higher-priced units
    • Market challenges
    • Market trends
  • Vendor Landscape
    • Overview
    • Landscape disruption
  • Vendor Analysis
    • Vendors covered
    • Market positioning of vendors
    • AE HAIGH Pty. Ltd.
    • Chocoladefabriken Lindt & Sprüngli AG
    • Ferrero International SA
    • Gayles Chocolates
    • Godiva Chocolatier Inc.
    • Mars Inc.
    • Mondelez International Inc.
    • Nestle SA
    • Phillips Candy House Inc.
    • The Hershey Co.
  • Appendix
    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations 
About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Technavio Research
Jesse Maida
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UK: +44 203 893 3200
Email: media@technavio.com

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