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Global Seasonal Chocolates Market 2019Market Overview:
Different flavored chocolates are gaining momentum across the globe. With an increase in salary and enhancement in lifestyle, people have started to choose chocolates as a gifting option and stress buster. For some people, seasonal chocolates are the best gifting choice while for some, it is addiction and source of happiness. Who had thought chocolates could also become a choice for health freaks? But, with the introduction of dairy-free, organic, vegan dark chocolates, etc., health enthusiasts are also loving the variety of chocolate options available.
Seasonal chocolates are made of roasted cocoa, dry fruits, crushed biscuits, sweetening, and some other additional ingredients. Some of these chocolates also come with certain health benefits. With an increase in demand for such chocolates, the global seasonal chocolate market is expected to grow rapidly. In recent years, due to development, awareness, enhanced lifestyle, better living style, changing food habits and innovation, the market has been seeing steady growth.
The supermarkets and hypermarkets are dominating the global market at present. With benefits such as discounts, good shopping experience, better display, better branding, etc., the market's growth is certain during the forecast period. The global seasonal Chocolate market saw a surge in 2017, and between 2019-2025, the market is only going to get bigger.
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Segmentation:
The in-depth study of this report gives full information about seasonal chocolates volume and value at the global level, regional level, and company level. The report also analyzes the historical data and future prospect. It also analyzes manufacturing sites, capacity, production, revenue, and market share for each key manufacturer.
The key manufacturers covered in the report are Lindt & Sprungli, Ferrero, Mars, Mondelez International, Godiva, Hershey's, Nestle, Phillips Chocolate, Lake Champlain Chocolates, Blue Frog Chocolates, Haigh's Chocolates, Gayle's Chocolates, Gilbert Chocolates, Purdys Chocolatier, and Anna Banana's Homemade Goodness.
By type, the market is segmented into white and milk seasonal chocolate and dark seasonal chocolate. By application, it is segmented into supermarkets and hypermarkets, independent retailers, convenience stores, specialist retailers and online retailers.
Regional Analysis:
By region, the market is segmented into North America, Europe, China, Japan, Southeast Asia, and India. For each of these regions, the report explores the production, apparent consumption, and export & import. North America has been dominating the seasonal chocolate market and is expected to grow even more. Big manufacturers such as Mars Inc., Mondelez International, The Hershey Company, etc. are present in this region.
Industry News:
In 2018, Ferrero Group acquired Nestle USA’s confectionery business. Ferrero has been trying to build a confectionery empire in the United States with many other acquisitions in the last few years. The chocolate brands Butterfinger, Baby Ruth, Crunch, and others are being integrated into Ferrero North America's portfolio. Recently, Ferrero announced that it would build its North American headquarters in New Jersey. They have been constantly investing in the US market and have been growing the market.
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