The Europe Chocolate Confectionery Market would witness market growth of 6.2% CAGR during the forecast period (2022-2028).
In recent years, the idea of a healthy diet has evolved dramatically. Traditionally, meals like sweets and snacks were thought to provide nothing but empty calories, contributing to obesity and raising the risk of a variety of illnesses. However, nowadays, people's eating habits have been shifted toward more nutrition-based products. Chocolates have various benefits if consumed in an appropriate quantity. For example, eating dark chocolates aids in fat loss while eating milk chocolates significantly helps in boosting blood pressure. Due to these benefits, the demand for chocolates is expediting across the region.
Furthermore, as health and wellbeing have become a key priority, an increasing number of customers throughout the world are pursuing healthy eating lifestyles with specialized demands and seeking the best options for them. Moreover, a significant number of people all over the world prefer dark chocolate confectionery goods because they believe it provides health benefits. Such factors are likely to help the entire market for healthier products increase.
Europe is also a major market for chocolate confectionery items due to the increasing production of chocolates across the region. Germany, Switzerland, Belgium, Austria, and the United Kingdom are the major producers as well as consumers of chocolate in Europe. These countries have a higher per capita chocolate consumption than countries in other areas. Cacao beans or processed chocolates are used as the primary raw material in the manufacturing of chocolate confectionery. Specifically, Europe provides a diverse selection of chocolate products, such as Fry's chocolate cream, white chocolate, milk chocolate, dark chocolate, and others. It is expanding the range of the chocolate confectionery market in the region.
The chocolate confectionery market in Europe is centered in Germany. Germany is one of the largest importers of cacao beans in Europe. A white organic yogurt chocolate bar flavored with pepper and lemon zest was also given by Gepa – The Fair-Trade Company in Germany. In addition, Kaoka, a German manufacturer, has created organic dark chocolate with buttery crispy crepes. All of these advancements, as well as Germany's import values, will have a direct impact on the demand for chocolate confectionery in the coming years. This factor is accelerating the growth of the regional chocolate confectionery market.
The Germany market dominated the Europe Chocolate Confectionery Market by Country 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $21,745.1 million by 2028. The UK market is anticipated to grow at a CAGR of 5.3% during (2022 - 2028). Additionally, The France market would witness a CAGR of 7% during (2022 - 2028).
Based on Type, the market is segmented into Milk, Dark, and White. Based on Distribution Channel, the market is segmented into Supermarkets & Hypermarkets, Convenience Stores, Online, and Others. Based on Product, the market is segmented into Molded Bars, Chips & Bites, Boxed, Truffles & Cups, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Chocolate Confectionery Market will Hit $265.9 Billion by 2028, at a CAGR of 6.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Ferrero Group, The Hershey Company (Hershey Trust Company), Lindt & Sprungli AG, Mars, Inc., Mondelez International, Inc., Nestle S.A., The Barry Callebaut Group, Lotte Corporation, Lake Champlain Chocolates, and CÉMOI Group.
Scope of the Study
Market Segments Covered in the Report:
By Type
By Distribution Channel
- Supermarkets & Hypermarkets
- Convenience Stores
- Online
- Others
By Product
- Molded Bars
- Chips & Bites
- Boxed
- Truffles & Cups
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Ferrero Group
- The Hershey Company (Hershey Trust Company)
- Lindt & Sprungli AG
- Mars, Inc.
- Mondelez International, Inc.
- Nestle S.A.
- The Barry Callebaut Group
- Lotte Corporation
- Lake Champlain Chocolates
- CÉMOI Group
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Chocolate Confectionery Market, by Type
1.4.2 Europe Chocolate Confectionery Market, by Distribution Channel
1.4.3 Europe Chocolate Confectionery Market, by Product
1.4.4 Europe Chocolate Confectionery Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions- Chocolate Confectionery Market
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2019, May – 2022, May) Leading Players
Chapter 4. Europe Chocolate Confectionery Market by Type
4.1 Europe Milk Market by Country
4.2 Europe Dark Market by Country
4.3 Europe White Market by Country
Chapter 5. Europe Chocolate Confectionery Market by Distribution Channel
5.1 Europe Supermarkets & Hypermarkets Market by Country
5.2 Europe Convenience Stores Market by Country
5.3 Europe Online Market by Country
5.4 Europe Others Market by Country
Chapter 6. Europe Chocolate Confectionery Market by Product
6.1 Europe Molded Bars Market by Country
6.2 Europe Chips & Bites Market by Country
6.3 Europe Boxed Market by Country
6.4 Europe Truffles & Cups Market by Country
6.5 Europe Others Market by Country
Chapter 7. Europe Chocolate Confectionery Market by Country
7.1 Germany Chocolate Confectionery Market
7.1.1 Germany Chocolate Confectionery Market by Type
7.1.2 Germany Chocolate Confectionery Market by Distribution Channel
7.1.3 Germany Chocolate Confectionery Market by Product
7.2 UK Chocolate Confectionery Market
7.2.1 UK Chocolate Confectionery Market by Type
7.2.2 UK Chocolate Confectionery Market by Distribution Channel
7.2.3 UK Chocolate Confectionery Market by Product
7.3 France Chocolate Confectionery Market
7.3.1 France Chocolate Confectionery Market by Type
7.3.2 France Chocolate Confectionery Market by Distribution Channel
7.3.3 France Chocolate Confectionery Market by Product
7.4 Russia Chocolate Confectionery Market
7.4.1 Russia Chocolate Confectionery Market by Type
7.4.2 Russia Chocolate Confectionery Market by Distribution Channel
7.4.3 Russia Chocolate Confectionery Market by Product
7.5 Spain Chocolate Confectionery Market
7.5.1 Spain Chocolate Confectionery Market by Type
7.5.2 Spain Chocolate Confectionery Market by Distribution Channel
7.5.3 Spain Chocolate Confectionery Market by Product
7.6 Italy Chocolate Confectionery Market
7.6.1 Italy Chocolate Confectionery Market by Type
7.6.2 Italy Chocolate Confectionery Market by Distribution Channel
7.6.3 Italy Chocolate Confectionery Market by Product
7.7 Rest of Europe Chocolate Confectionery Market
7.7.1 Rest of Europe Chocolate Confectionery Market by Type
7.7.2 Rest of Europe Chocolate Confectionery Market by Distribution Channel
7.7.3 Rest of Europe Chocolate Confectionery Market by Product
Chapter 8. Company Profiles
8.1 Ferrero Group
8.1.1 Company Overview
8.1.2 Recent strategies and developments:
8.1.2.1 Product Launches and Product Expansions:
8.1.2.2 Acquisition and Mergers:
8.1.2.3 Geographical Expansions:
8.2 The Hershey Company (Hershey Trust Company)
8.2.1 Company overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Recent strategies and developments:
8.2.4.1 Partnerships, Collaborations, and Agreements:
8.2.4.2 Product Launches and Product Expansions:
8.3 Lindt & Sprungli AG
8.3.1 Company Overview
8.3.2 Recent strategies and developments:
8.3.2.1 Acquisition and Mergers:
8.3.2.2 Product Launches and Product Expansions:
8.4 Mars, Inc.
8.4.1 Company Overview
8.4.2 Recent strategies and developments:
8.4.2.1 Product Launches and Product Expansions:
8.5 Mondelez International, Inc.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Regional Analysis
8.5.4 Recent strategies and developments:
8.5.4.1 Product Launches and Product Expansions:
8.5.4.2 Acquisition and Mergers:
8.6 Nestle S.A.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Product Launches and Product Expansions:
8.7 The Barry Callebaut Group
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expense
8.7.5 Recent strategies and developments:
8.7.5.1 Partnerships, Collaborations, and Agreements:
8.7.5.2 Product Launches and Product Expansions:
8.7.5.3 Acquisition and Mergers:
8.7.5.4 Geographical Expansions:
8.8 Lotte Corporation
8.8.1 Company Overview
8.8.2 Financial Analysis
8.9 Lake Champlain Chocolates
8.9.1 Company Overview
8.9.2 Recent strategies and developments:
8.9.2.1 Product Launches and Product Expansions:
8.10. CÉMOI Group
8.10.1 Company Overview
TABLE 1 Europe Chocolate Confectionery Market, 2018 - 2021, USD Million
TABLE 2 Europe Chocolate Confectionery Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Chocolate Confectionery Market
TABLE 4 Product Launches And Product Expansions– Chocolate Confectionery Market
TABLE 5 Acquisition and Mergers– Chocolate Confectionery Market
TABLE 6 Grographical Expansions- Chocolate Confectionery Market
TABLE 7 Europe Chocolate Confectionery Market by Type, 2018 - 2021, USD Million
TABLE 8 Europe Chocolate Confectionery Market by Type, 2022 - 2028, USD Million
TABLE 9 Europe Milk Market by Country, 2018 - 2021, USD Million
TABLE 10 Europe Milk Market by Country, 2022 - 2028, USD Million
TABLE 11 Europe Dark Market by Country, 2018 - 2021, USD Million
TABLE 12 Europe Dark Market by Country, 2022 - 2028, USD Million
TABLE 13 Europe White Market by Country, 2018 - 2021, USD Million
TABLE 14 Europe White Market by Country, 2022 - 2028, USD Million
TABLE 15 Europe Chocolate Confectionery Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 16 Europe Chocolate Confectionery Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 17 Europe Supermarkets & Hypermarkets Market by Country, 2018 - 2021, USD Million
TABLE 18 Europe Supermarkets & Hypermarkets Market by Country, 2022 - 2028, USD Million
TABLE 19 Europe Convenience Stores Market by Country, 2018 - 2021, USD Million
TABLE 20 Europe Convenience Stores Market by Country, 2022 - 2028, USD Million
TABLE 21 Europe Online Market by Country, 2018 - 2021, USD Million
TABLE 22 Europe Online Market by Country, 2022 - 2028, USD Million
TABLE 23 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 24 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 25 Europe Chocolate Confectionery Market by Product, 2018 - 2021, USD Million
TABLE 26 Europe Chocolate Confectionery Market by Product, 2022 - 2028, USD Million
TABLE 27 Europe Molded Bars Market by Country, 2018 - 2021, USD Million
TABLE 28 Europe Molded Bars Market by Country, 2022 - 2028, USD Million
TABLE 29 Europe Chips & Bites Market by Country, 2018 - 2021, USD Million
TABLE 30 Europe Chips & Bites Market by Country, 2022 - 2028, USD Million
TABLE 31 Europe Boxed Market by Country, 2018 - 2021, USD Million
TABLE 32 Europe Boxed Market by Country, 2022 - 2028, USD Million
TABLE 33 Europe Truffles & Cups Market by Country, 2018 - 2021, USD Million
TABLE 34 Europe Truffles & Cups Market by Country, 2022 - 2028, USD Million
TABLE 35 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 36 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 37 Europe Chocolate Confectionery Market by Country, 2018 - 2021, USD Million
TABLE 38 Europe Chocolate Confectionery Market by Country, 2022 - 2028, USD Million
TABLE 39 Germany Chocolate Confectionery Market, 2018 - 2021, USD Million
TABLE 40 Germany Chocolate Confectionery Market, 2022 - 2028, USD Million
TABLE 41 Germany Chocolate Confectionery Market by Type, 2018 - 2021, USD Million
TABLE 42 Germany Chocolate Confectionery Market by Type, 2022 - 2028, USD Million
TABLE 43 Germany Chocolate Confectionery Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 44 Germany Chocolate Confectionery Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 45 Germany Chocolate Confectionery Market by Product, 2018 - 2021, USD Million
TABLE 46 Germany Chocolate Confectionery Market by Product, 2022 - 2028, USD Million
TABLE 47 UK Chocolate Confectionery Market, 2018 - 2021, USD Million
TABLE 48 UK Chocolate Confectionery Market, 2022 - 2028, USD Million
TABLE 49 UK Chocolate Confectionery Market by Type, 2018 - 2021, USD Million
TABLE 50 UK Chocolate Confectionery Market by Type, 2022 - 2028, USD Million
TABLE 51 UK Chocolate Confectionery Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 52 UK Chocolate Confectionery Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 53 UK Chocolate Confectionery Market by Product, 2018 - 2021, USD Million
TABLE 54 UK Chocolate Confectionery Market by Product, 2022 - 2028, USD Million
TABLE 55 France Chocolate Confectionery Market, 2018 - 2021, USD Million
TABLE 56 France Chocolate Confectionery Market, 2022 - 2028, USD Million
TABLE 57 France Chocolate Confectionery Market by Type, 2018 - 2021, USD Million
TABLE 58 France Chocolate Confectionery Market by Type, 2022 - 2028, USD Million
TABLE 59 France Chocolate Confectionery Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 60 France Chocolate Confectionery Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 61 France Chocolate Confectionery Market by Product, 2018 - 2021, USD Million
TABLE 62 France Chocolate Confectionery Market by Product, 2022 - 2028, USD Million
TABLE 63 Russia Chocolate Confectionery Market, 2018 - 2021, USD Million
TABLE 64 Russia Chocolate Confectionery Market, 2022 - 2028, USD Million
TABLE 65 Russia Chocolate Confectionery Market by Type, 2018 - 2021, USD Million
TABLE 66 Russia Chocolate Confectionery Market by Type, 2022 - 2028, USD Million
TABLE 67 Russia Chocolate Confectionery Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 68 Russia Chocolate Confectionery Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 69 Russia Chocolate Confectionery Market by Product, 2018 - 2021, USD Million
TABLE 70 Russia Chocolate Confectionery Market by Product, 2022 - 2028, USD Million
TABLE 71 Spain Chocolate Confectionery Market, 2018 - 2021, USD Million
TABLE 72 Spain Chocolate Confectionery Market, 2022 - 2028, USD Million
TABLE 73 Spain Chocolate Confectionery Market by Type, 2018 - 2021, USD Million
TABLE 74 Spain Chocolate Confectionery Market by Type, 2022 - 2028, USD Million
TABLE 75 Spain Chocolate Confectionery Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 76 Spain Chocolate Confectionery Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 77 Spain Chocolate Confectionery Market by Product, 2018 - 2021, USD Million
TABLE 78 Spain Chocolate Confectionery Market by Product, 2022 - 2028, USD Million
TABLE 79 Italy Chocolate Confectionery Market, 2018 - 2021, USD Million
TABLE 80 Italy Chocolate Confectionery Market, 2022 - 2028, USD Million
TABLE 81 Italy Chocolate Confectionery Market by Type, 2018 - 2021, USD Million
TABLE 82 Italy Chocolate Confectionery Market by Type, 2022 - 2028, USD Million
TABLE 83 Italy Chocolate Confectionery Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 84 Italy Chocolate Confectionery Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 85 Italy Chocolate Confectionery Market by Product, 2018 - 2021, USD Million
TABLE 86 Italy Chocolate Confectionery Market by Product, 2022 - 2028, USD Million
TABLE 87 Rest of Europe Chocolate Confectionery Market, 2018 - 2021, USD Million
TABLE 88 Rest of Europe Chocolate Confectionery Market, 2022 - 2028, USD Million
TABLE 89 Rest of Europe Chocolate Confectionery Market by Type, 2018 - 2021, USD Million
TABLE 90 Rest of Europe Chocolate Confectionery Market by Type, 2022 - 2028, USD Million
TABLE 91 Rest of Europe Chocolate Confectionery Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 92 Rest of Europe Chocolate Confectionery Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 93 Rest of Europe Chocolate Confectionery Market by Product, 2018 - 2021, USD Million
TABLE 94 Rest of Europe Chocolate Confectionery Market by Product, 2022 - 2028, USD Million
TABLE 95 Key information – Ferrero Group
TABLE 96 Key Information –The Hershey Company
TABLE 97 Key Information – Lindt & Sprungli AG
TABLE 98 key information – Mars, Inc.
TABLE 99 Key Information – Mondelez International, Inc.
TABLE 100 Key Information – Nestle S.A.
TABLE 101 Key Information – The Barry Callebaut Group
TABLE 102 Key Information – Lotte Corporation
TABLE 103 Key Information – Lake Champlain Chocolates
TABLE 104 Key Information – CÉMOI Group
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2018, May – 2022, May) Leading Players
FIG 5 Recent strategies and developments: Ferrero Group
FIG 6 Recent strategies and developments: The Hershey Company
FIG 7 Recent strategies and developments: Lindt & Sprungli AG
FIG 8 Recent strategies and developments: Mondelez International, Inc.
FIG 9 Recent strategies and developments: The Barry Callebaut Group