The chocolate market size in Europe has the potential to grow by USD 15.08 billion during 2020-2024, and the market’s growth momentum will accelerate during the forecast period. This report provides a detailed analysis of the market by product (milk chocolate, dark chocolate, and white chocolate) and geography (Western Europe and Eastern Europe). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including AUGUST STORCK KG, Chocoladefabriken Lindt & Sprüngli AG, Ferrero International SA, Mars Inc., Mondelez International Inc., Nestlé Group, Neuhaus NV, Roshen Corp., The Hershey Co., and YiIdiZ Holding Inc.
Browse TOC and LoE with selected illustrations and example pages of Chocolate Market in Europe
Request a FREE sample now!
Market Competitive Analysis
The market is fragmented. AUGUST STORCK KG, Chocoladefabriken Lindt & Sprüngli AG, Ferrero International SA, Mars Inc., Mondelez International Inc., Nestlé Group, Neuhaus NV, Roshen Corp., The Hershey Co., and YiIdiZ Holding Inc. are some of the major market participants. Factors such as the increasing demand and popularity of dark chocolate and organic chocolate, the growing influence of organized retailing, the rising number of new product launches, and the rising demand for seasonal chocolates will offer immense growth opportunities. However, the increasing threat from substitute products and product recalls, distribution challenges, unstable cocoa prices, and declining per capita consumption may impede market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
To help clients improve their market position, this chocolate market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this chocolate market analysis report provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.