europe premium chocolate market

Europe Premium Chocolate Market - Industry Trends and Forecast to 2030

  • Published Date: 2023-08-18
  • Report ID: 145375
  • Pages: 250
  • Format: prudent report format

Europe premium chocolate market is expected to reach USD 18,397,412.04 thousand by 2030 from USD 13,280,048.86 thousand in 2022, growing at a CAGR of 4.4% during the forecast period of 2023 to 2030.

Market Segmentation:
Europe Premium Chocolate Market, By Type (Milk chocolate, Dark Chocolate, and White Chocolate), Product Type (Regular/Plain Chocolate and Filled Chocolate), Inclusion (With Inclusions Chocolates and Regular/No Inclusions Chocolates), Nature (Conventional and Organic), Category ( Standard Premium and Super Premium), Cocoa Content (50-60%, 71-80%, 61-70%, 81-90%, and 91-100%), Flavor (Flavor and Classic/Regular), Packaging (Plastic Wrap, Gift Boxes/Assorted, Pouches, Board Box, Sachets, and Others), Distribution Channel (Store Based Retailers and Non-store retailers), Countries (U.K., Germany, France, Italy, Spain, Russia, Switzerland, Turkey, Belgium, Netherlands, and the Rest of Europe) Industry Trends and Forecast to 2030
Overview of Europe Premium Chocolate Market Dynamics:

Driver
Extensively used for decoration purposes in the bakery industry and also considered as a healthier snacks
Restrain

Availability Of Various Substitutes

Opportunity

An emerging trend of clean-label and organic products


Market Players:

Some of the key players operating in the Europe premium chocolate market are:
Mars, Incorporated and its Affiliates
Mondelz International
THE HERSHEY COMPANY
Ferrero, Nestl
General Mills, Inc.
Meiji Holdings Co., Ltd.
Chocoladefabriken Lindt & Sprngli AG
Barry Callebaut
The Kraft Heinz Company
Cargill, Incorporated.
Cloetta AB,
ORION CORP.
Ghirardelli Chocolate Company (A Subsidiary of Lindt & Sprngli AG)
Ezaki Glico Co., Ltd.
MORINAGA & CO., LTD
Arcor



TABLE OF CONTENTS
1 INTRODUCTION 59
1.1 OBJECTIVES OF THE STUDY 59
1.2 MARKET DEFINITION 59
1.3 OVERVIEW OF THE EUROPE PREMIUM CHOCOLATE MARKET 59
1.4 LIMITATIONS 61
1.5 MARKETS COVERED 61
2 MARKET SEGMENTATION 69
2.1 MARKETS COVERED 69
2.2 GEOGRAPHICAL SCOPE 70
2.3 YEARS CONSIDERED FOR THE STUDY 71
2.4 CURRENCY AND PRICING 71
2.5 DBMR TRIPOD DATA VALIDATION MODEL 72
2.6 GRADE LIFE LINE CURVE 75
2.7 MULTIVARIATE MODELING 76
2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 77
2.9 DBMR MARKET POSITION GRID 79
2.10 MARKET APPLICATION COVERAGE GRID 80
2.11 DBMR MARKET CHALLENGE MATRIX 81
2.12 DBMR VENDOR SHARE ANALYSIS 82
2.13 SECONDARY SOURCES 83
2.14 ASSUMPTIONS 84
3 EXECUTIVE SUMMARY 85
4 PREMIUM INSIGHTS 88
4.1 ANALYSIS OF HAZELNUT CONTENT FOR TOP EUROPE PREMIUM CHOCOLATE BRANDS 89
4.2 BRAND COMPARATIVE ANALYSIS 90
4.2.1 FERRERO 90
4.2.2 NESTLE 90
4.2.3 CHOCOLADEFABRIKEN LINDT & SPRNGLI AG 91
4.3 FACTORS INFLUENCING BUYING DECISION 92
4.3.1 PACKAGING FACTOR 92
4.3.2 TASTE 92
4.3.3 HEALTH 92
4.3.4 BRAND LOYALTY 92
4.3.5 GENDER AND AGE 92
4.3.6 INCOME 93
4.4 INDUSTRY TRENDS AND FUTURE PERSPECTIVE 94
4.4.1 RISING CONSUMER PREFERENCE TOWARD DARK AND VEGAN CHOCOLATE 94
4.4.2 CONSUMERS ARE INTERESTED IN NEW INNOVATIVE FLAVOURS AND TEXTURE 95
4.4.3 RISING DEMAND FOR PREMIUM CHOCOLATES FOR GIFTING PURPOSES 95
4.4.4 FUTURE PERSPECTIVE 95
4.5 MEETING CONSUMER REQUIREMENT 96
4.6 SUPPLY CHAIN ANALYSIS 97
4.6.1 RAW MATERIAL PROCUREMENT & MANUFACTURING 97
4.6.2 DISTRIBUTION 98
4.6.3 END-USERS 98
4.7 SHOPPING BEHAVIOR AND DYNAMICS 99
4.7.1 RECOMMENDATIONS FROM FAMILY AND FRIENDS 99
4.7.2 RESEARCH 99
4.7.3 IMPULSIVE 99
4.7.4 ADVERTISEMENT 99
4.7.5 TELEVISION ADVERTISEMENT 99
4.7.6 ONLINE ADVERTISEMENT 100
4.7.7 IN-STORE ADVERTISEMENT 100
4.7.8 OUTDOOR ADVERTISEMENT 100
4.8 NEW PRODUCT LAUNCH STRATEGY 101
4.8.1 NUMBER OF PRODUCT LAUNCHES 101
4.8.2 LINE EXTENSION 101
4.8.3 NEW PACKAGING 101
4.8.4 RE-LAUNCHED 101
4.8.5 NEW FORMULATION 101
4.8.6 DIFFERENTIAL PRODUCT OFFERING 102
4.8.7 PACKAGE DESIGNING 102
4.8.8 PRICING ANALYSIS 102
4.9 REGULATION COVERAGE 103
5 MARKET OVERVIEW 105
5.1 DRIVERS 107
5.1.1 RISE IN THE POPULARITY OF VEGAN, ORGANIC, AND GLUTEN FREE CHOCOLATES 107
5.1.2 HIGH DEMAND FOR PREMIUM CHOCOLATES IN FESTIVE SEASONS 107
5.1.3 DEMAND FOR PREMIUM CHOCOLATES OWING TO THE SHIFT TOWARDS A HEALTHY LIFESTYLE 108
5.1.4 USE OF PREMIUM CHOCOLATE IN THE BAKING INDUSTRY 109
5.2 RESTRAINTS 109
5.2.1 FLUCTUATING PRICES OF RAW MATERIALS 109
5.2.2 AVAILABILITY OF VARIOUS SUBSTITUTE 109
5.3 OPPORTUNITIES 110
5.3.1 CONTINUOUS FOCUS ON DEVELOPING NEW FLAVORED AND UNIQUE CHOCOLATES 110
5.3.2 RISING TREND OF ONLINE DISTRIBUTION 110
5.4 CHALLENGES 111
5.4.1 RISING COST OF SUPPLY CHAIN 111
5.4.2 RULES AND REGULATIONS ASSOCIATED WITH PREMIUM CHOCOLATES 112
6 EUROPE PREMIUM CHOCOLATE MARKET, BY REGION 113
6.1 EUROPE 114
6.1.1 GERMANY 129
6.1.2 U.K. 138
6.1.3 FRANCE 147
6.1.4 ITALY 156
6.1.5 SPAIN 165
6.1.6 RUSSIA 174
6.1.7 TURKEY 184
6.1.8 SWITZERLAND 194
6.1.9 BELGIUM 204
6.1.10 NETHERLANDS 214
6.1.11 REST OF EUROPE 224
7 EUROPE PREMIUM CHOCOLATE MARKET: COMPANY LANDSCAPE 225
7.1 COMPANY SHARE ANALYSIS: EUROPE 225
7.2 ACQUISITION 226
7.3 NEW PRODUCT DEVELOPMENT 227
7.4 FACILITY EXPANSION 228
7.5 NEW APPOINTMENT 228
8 SWOT ANALYSIS 229
9 COMPANY PROFILES 230
9.1 MARS, INCORPORATED AND ITS AFFILIATES 230
9.1.1 COMPANY SNAPSHOT 230
9.1.2 COMPANY SHARE ANALYSIS 230
9.1.3 PRODUCT PORTFOLIO 231
9.1.4 RECENT UPDATES 231
9.2 MONDELZ INTERNATIONAL 232
9.2.1 COMPANY SNAPSHOT 232
9.2.2 REVENUE ANALYSIS 232
9.2.3 COMPANY SHARE ANALYSIS 233
9.2.4 PRODUCT PORTFOLIO 233
9.2.5 RECENT DEVELOPMENT 234
9.3 THE HERSHEY COMPANY 235
9.3.1 COMPANY SNAPSHOT 235
9.3.2 REVENUE ANALYSIS 235
9.3.3 COMPANY SHARE ANALYSIS 236
9.3.4 PRODUCT PORTFOLIO 236
9.3.5 RECENT DEVELOPMENT 237
9.4 FERRERO 238
9.4.1 COMPANY SNAPSHOT 238
9.4.2 COMPANY SHARE ANALYSIS 238
9.4.3 PRODUCT PORTFOLIO 239
9.4.4 RECENT UPDATES 239
9.5 NESTL 240
9.5.1 COMPANY SNAPSHOT 240
9.5.2 REVENUE ANALYSIS 240
9.5.3 COMPANY SHARE ANALYSIS 241
9.5.4 PRODUCT PORTFOLIO 241
9.5.5 RECENT DEVELOPMENT 242
9.6 ARCOR 243
9.6.1 COMPANY SNAPSHOT 243
9.6.2 REVENUE ANALYSIS 243
9.6.3 PRODUCT PORTFOLIO 244
9.6.4 RECENT DEVELOPMENT 244
9.7 BARRY CALLEBAUT 245
9.7.1 COMPANY SNAPSHOT 245
9.7.2 REVENUE ANALYSIS 245
9.7.3 PRODUCT PORTFOLIO 246
9.7.4 RECENT UPDATES 246
9.8 CARGILL, INCORPORATED 247
9.8.1 COMPANY SNAPSHOT 247
9.8.2 PRODUCT PORTFOLIO 247
9.8.3 RECENT UPDATES 248
9.9 CHOCOLADEFABRIKEN LINDT & SPRNGLI AG (2022) 249
9.9.1 COMPANY SNAPSHOT 249
9.9.2 REVENUE ANALYSIS 249
9.9.3 PRODUCT PORTFOLIO 250
9.9.4 RECENT DEVELOPMENT 253
9.10 CLOETTA AB 254
9.10.1 COMPANY SNAPSHOT 254
9.10.2 REVENUE ANALYSIS 254
9.10.3 PRODUCT PORTFOLIO 255
9.10.4 RECENT DEVELOPMENT 255
9.11 EZAKI GLICO CO., LTD. 256
9.11.1 COMPANY SNAPSHOT 256
9.11.2 REVENUE ANALYSIS 256
9.11.3 PRODUCT PORTFOLIO 257
9.11.4 RECENT DEVELOPMENT 257
9.12 GENERAL MILLS, INC. 258
9.12.1 COMPANY SNAPSHOT 258
9.12.2 REVENUE ANALYSIS 258
9.12.3 PRODUCT PORTFOLIO 259
9.12.4 RECENT DEVELOPMENT 259
9.13 GHIRARDELLI CHOCOLATE COMPANY 260
9.13.1 COMPANY SNAPSHOT 260
9.13.2 PRODUCT PORTFOLIO 260
9.13.3 RECENT DEVELOPMENT 261
9.14 MEIJI HOLDINGS CO., LTD. 262
9.14.1 COMPANY SNAPSHOT 262
9.14.2 REVENUE ANALYSIS 262
9.14.3 PRODUCT PORTFOLIO 263
9.14.4 RECENT DEVELOPMENT 263
9.15 MORINAGA & CO., LTD. 264
9.15.1 COMPANY SNAPSHOT 264
9.15.2 REVENUE ANALYSIS 264
9.15.3 PRODUCT PORTFOLIO 265
9.15.4 RECENT DEVELOPMENT 265
9.16 ORION CORP. 266
9.16.1 COMPANY SNAPSHOT 266
9.16.2 REVENUE ANALYSIS 266
9.16.3 PRODUCT PORTFOLIO 267
9.16.4 RECENT DEVELOPMENTS 267
9.17 THE KRAFT HEINZ COMPANY 268
9.17.1 COMPANY SNAPSHOT 268
9.17.2 REVENUE ANALYSIS 268
9.17.3 PRODUCT PORTFOLIO 269
9.17.4 RECENT DEVELOPMENT 269
10 QUESTIONNAIRE 270
11 RELATED REPORTS 274
CHOOSE LICENCE TYPE
prudent payment methods
Contact Us

Call Us
( India toll free )
+91 835 605 0278
( US toll free )
+1 800 601 6071

Drop us an email at
sales@prudentmarkets.com

Why Choose Us
24 * 7 Access to Analyst :

Get your pre and post sales queries resolved by our Subject matter experts.

Customization :

We will assist you to customize the report to fit your research needs.

Assured Quality :

Our prime focus is to provide qualitative and accurate data.

Free sample report :

Feel free to order a sample report before purchase.

Security :

Your personal and confidential information is safe and secured.