Chocolate Confectionery

Chocolate confectionery is seeing positive volume growth in Kazakhstan in 2024, with value being supported by price hikes. Notably, there has been an increase in the cost of cocoa globally, thus affecting the chocolate confectionery industry.…

It is expected to be a muted performance for chocolate confectionery in Algeria in 2024. With inflation continuing to be high, there is only expected to be minimal constant value and volume growth. As such, value for money continues to be a key…

Chocolate confectionery is seeing small volume gains in Vietnam in 2024, while value is better supported by inflationary pressures leading to higher unit prices. Notably, global increases in the cost of raw ingredients such as cocoa and sugar are…

Chocolate confectionery in Bolivia is poised to record an improved performance in terms of current value sales growth in 2024. However, this is primarily due to price hikes imposed to offset rising import and production costs caused by a severe…

At the end of the review period, chocolate confectionery in Turkey continues to benefit as consumers remain willing to spend more on indulgence and treats, to pamper themselves or improve their mood, despite rising unit prices amid a highly…

Chocolate confectionery is set to see current value growth in Taiwan in 2024, though volume sales are expected to fall. Demand has been undermined by the fact that the habit of snacking at home is declining. Many consumers have reduced the amount of…

In 2024, players in chocolate confectionery in Morocco remain focused on offering smaller pack sizes for fear of losing consumers struggling financially. The lower prices of these smaller formats help to expand the consumer base as they cater to…

Chocolate confectionery is relatively small in Pakistan in terms of value share. However, it is expected to perform strongly in 2024, with healthy constant value and volume growth, only partly explained by population growth. This positive picture is…

Similar to overall confectionery, in 2024 chocolate confectionery in Singapore is set to see negligible retail volume growth. This is partly due to government efforts to curb health problems such as diabetes and regulate sugar intake, along with…

Chocolate confectionery saw solid volume in current value growth in 2024, with Ferrero Polska Sp zoo continuing to lead the field, albeit with a small loss of share to second ranking Mondelez International Inc.

Chocolate confectionery is seeing positive retail value sales in Slovakia in 2024, while volume remains in a slump. This situation is created by high unit prices and reduced consumer spending power. Added to which, we have seen soaring unit prices…

Chocolate confectionery is seeing similar sales growth in 2024 to that seen in 2023, with moderate growth in retail volume terms and stronger growth in current value terms. Despite inflation stabilising, the global jump in cocoa prices started to be…

Chocolate confectionery maintains its healthy growth in Canada in 2024, bolstered primarily by escalating commodity prices and a strong consumer desire for indulgence. Cocoa prices experienced significant increases in the first half of the year,…

Over 2024, chocolate confectionery in Mexico is expected to see moderate retail volume growth, only slightly below the increase posted in 2023. While slowing, the rate of inflation in Mexico remains significant and continues to affect manufacturer,…

Chocolate confectionery in Chile faces significant challenges due to further price increases driven by rising costs of cocoa. Cocoa is a fundamental ingredient in chocolate production, and fluctuations in its price directly impact production costs…

Chocolate confectionery is seeing healthy growth in current value terms in 2024, although sales are stagnating in volume terms. Fluctuations in cocoa prices in 2024 have contributed to the positive value growth with manufacturers being forced to…

Following a three-year period of stagnation, the retail market for chocolate confectionery in Saudi Arabia is expected to see an improved performance in current value terms in 2024. This is consistent with a more positive economic outlook, thanks to…

Chocolate confectionery in the Dominican Republic is expected to register healthy current value growth, through a marginal fall in volume sales in 2024. The Dominican Republic has a thriving local chocolate industry and is one of the main producers…

Chocolate confectionery in South Korea is expected to see low retail current value growth in 2024, along with marginal retail volume decline. Mixed developments are being seen in 2024, influenced by broader market trends and changing consumer…

Chocolate confectionery in North Macedonia has witnessed a more upbeat performance since 2023, with retail volume sales returning to growth following several years of decline. Indeed, consumer demand for chocolate confectionery remains steady in…