Chocolate Confectionery in Hong Kong, China

June 2024
USD 1,195
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Overview:

Understand the latest market trends and future growth opportunities for the Chocolate Confectionery industry in Hong Kong, China with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.

Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.

Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.

If you're in the Chocolate Confectionery industry in Hong Kong, China, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.

The Chocolate Confectionery in Hong Kong, China report includes:

  • Analysis of key supply-side and demand trends
  • Detailed segmentation of international and local products
  • Historic volume and value sizes, company and brand market shares
  • Five year forecasts of market trends and market growth
  • Robust and transparent research methodology, conducted in-country

This report answers:

  • What is the market size of Chocolate Confectionery in Hong Kong, China?
  • Which are the leading brands in Chocolate Confectionery in Hong Kong, China?
  • How are products distributed in Chocolate Confectionery in Hong Kong, China?
  • How is the rise of e-commerce and/or the expansion of modern grocery retail impacting traditional retail?
  • What are the key health and wellness concerns driving, or challenging, sales in Chocolate Confectionery?
  • How significant are vegan and vegetarian dietary requirements in determining sales growth in Hong Kong, China?
  • How has COVID-19 impacted consumer demand? To what extent have lockdown, home seclusion and stockpiling boosted sales? Will the longer term economic repercussions of the pandemic stimulate or suppress future growth?
  • Where is future growth expected to be most dynamic?
  • How significant will values-based claims, such as sustainability and ethical labelling, be in supporting future growth and brand equity?

Chocolate Confectionery in Hong Kong, China - Category analysis

KEY DATA FINDINGS

Rising cocoa bean costs force brands to increase prices to end consumers
Rise of bite-sized portions encourages consumer demand
Intensified competition as brands increase product diversification
Chocolate confectionery pricing pressures may prompt consumers to reconsider priorities
Brands to include other snack ingredients to minimise costs passed to consumers
Evolving consumer atittudes towards sustainabilty
Summary 1 Other Chocolate Confectionery by Product Type: 2024
Table 1 Sales of Chocolate Confectionery by Category: Volume 2019-2024
Table 2 Sales of Chocolate Confectionery by Category: Value 2019-2024
Table 3 Sales of Chocolate Confectionery by Category: % Volume Growth 2019-2024
Table 4 Sales of Chocolate Confectionery by Category: % Value Growth 2019-2024
Table 5 Sales of Chocolate Tablets by Type: % Value 2019-2024
Table 6 NBO Company Shares of Chocolate Confectionery: % Value 2020-2024
Table 7 LBN Brand Shares of Chocolate Confectionery: % Value 2021-2024
Table 8 Distribution of Chocolate Confectionery by Format: % Value 2019-2024
Table 9 Forecast Sales of Chocolate Confectionery by Category: Volume 2024-2029
Table 10 Forecast Sales of Chocolate Confectionery by Category: Value 2024-2029
Table 11 Forecast Sales of Chocolate Confectionery by Category: % Volume Growth 2024-2029
Table 12 Forecast Sales of Chocolate Confectionery by Category: % Value Growth 2024-2029

Snacks in Hong Kong, China - Industry Overview

Snacks in 2024: The big picture
Key trends in 2024
Competitive Landscape
Channel developments
What next for snacks?
Table 13 Sales of Snacks by Category: Volume 2019-2024
Table 14 Sales of Snacks by Category: Value 2019-2024
Table 15 Sales of Snacks by Category: % Volume Growth 2019-2024
Table 16 Sales of Snacks by Category: % Value Growth 2019-2024
Table 17 NBO Company Shares of Snacks: % Value 2020-2024
Table 18 LBN Brand Shares of Snacks: % Value 2021-2024
Table 19 Penetration of Private Label by Category: % Value 2019-2024
Table 20 Distribution of Snacks by Format: % Value 2019-2024
Table 21 Forecast Sales of Snacks by Category: Volume 2024-2029
Table 22 Forecast Sales of Snacks by Category: Value 2024-2029
Table 23 Forecast Sales of Snacks by Category: % Volume Growth 2024-2029
Table 24 Forecast Sales of Snacks by Category: % Value Growth 2024-2029

DISCLAIMER

Summary 2 Research Sources
The following categories and subcategories are included:

Chocolate Confectionery

  • Chocolate Pouches and Bags
  • Boxed Assortments
  • Chocolate with Toys
  • Countlines
  • Seasonal Chocolate
  • Tablets
  • Other Chocolate Confectionery

Chocolate Confectionery

This is the aggregation of tablets, countlines, chocolate pouches and bags, boxed assortments, seasonal chocolate, chocolate with toys, and other chocolate confectionery. Nuts and fruits covered in chocolate are included in this category. Note that chocolate overtly positioned for baking/cooking purposes is excluded from Euromonitor International's confectionery coverage.

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  • Gain competitive intelligence about market leaders
  • Track key industry trends, opportunities and threats
  • Inform your marketing, brand, strategy and market development, sales and supply functions

This report originates from Passport, our Chocolate Confectionery research and analysis database.

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