This is a list of brand name confectionery products. Increasing Association of Chocolate with Festivals & Special Occasions to Drive  Growth. To gain extensive insights into the market, Request for Customization. Strauss's Chocolate & Confectionery products have sweetened many wonderful moments for children and adults alike, in Israel and elsewhere, for decades, and combine nostalgia with innovation: the first, through the Elite brand, a national treasure that brought us Parra chocolate… Learn how and when to remove this template message, List of bean-to-bar chocolate manufacturers, "Seven lost British sweets we pray will come back", "The obscure Aldi product Chinese shoppers are going crazy for", Snackspot.org.uk: Maynards Wine Gums Light, https://en.wikipedia.org/w/index.php?title=List_of_confectionery_brands&oldid=989702260, Short description is different from Wikidata, Articles needing additional references from June 2012, All articles needing additional references, Creative Commons Attribution-ShareAlike License, This page was last edited on 20 November 2020, at 14:47. Merletto Confectionery rejected this approach to confectionery production from the very start. Across … Increasing the association of chocolate with festivals & special occasions is the key factor driving the growth of the market. Negotiable price Product features. For instance, The Hershey Company’s (one of the major players in this market) net sales stood at USD 2.037 billion in the first quarter of 2020 which is an increase of 1% compared to the same period a year ago. In addition to the aforementioned factors, the report encompasses several factors that have contributed to the growth of the market over recent years. The mature markets across the world such as Australia, Canada, Russia, and others have shown notable growth in seasonal launches in the past few years. There is growing popularity of dark chocolate in the region which is attributed to the increasing knowledge regarding the health benefits of cocoa. Technology of Coated and Filled Chocolate Confectionery and Bakery Products In some cases, chocolate confections (confections made of chocolate) are treated as a separate category, as are sugar-free versions of sugar confections. Ferrero SpA remained the leading player in chocolate confectionery in Italy in 2019. The key players in the confectionery sector in India today are:
Cadbury India Ltd is the largest manufacturer of chocolate, confectionery and malted food products. Flour confectionery covers products that are made from flour and are baked. Who are the major players in this market? In addition, appealing packaging of products, innovative branding activities, and promotional events increase the demand for chocolates amongst consumers. We do our best to produce excellent sweets. We use cookies to enhance your experience. Contact us. However, there is a swift reduction in the demand for premium chocolates amidst the pandemic wherein premium and specialty chocolate products are used seasonally and are majorly used as gifting products during travelling and festival celebrations. This is a very good piece of work and will be very helpful to us going forward. Chocolate is commonly used as a gift for others or a reward for the person buying it. Technological Advancements Contribute to the Increasing Demand for Premium Chocolates. Chocolate products are also known for their stress-relieving characteristics, which had led to the sudden rise in their sales in the initial months of COVID-19 outbreak. The same is projected to affect the market as it will lead to higher costs to the chocolate manufacturers and increased cost of end products. Unwrapping the plant-based milk chocolate opportunity. An Infographic Representation of Chocolate Confectionery Market, To get information on various segments, share your queries with us. The company’s net sales increased by 2.2% in North America in the first quarter of 2020 due to increased buying ahead of the lockdown period. This is a challenge but with our broad product portfolio and expertise we can offer our customers new product developments tailored to their needs in the Chocolate & Confectionery segment. But even in this sweet category the Latin American consumers like to have more healthy products but without compromising on the current taste. AKTIEN-BRAUEREI Food and beverages A/S. Along with the growing population, the increase in the consumption of various confectionery products such as sugar, chocolate, gums, and others are growing. Chocolate is one of life's most joyous pleasures, and the sheer variety of its many forms never ceases to amaze. The report was very accurate and as per my requirements. According to CBI Ministry of Foreign Affairs (EU), the global per capita consumption of chocolate was 0.9 kg per year while the same is higher in European nations (Switzerland at 10.5 kg and Germany at 9.2 kg per capita per year). PROSPECTS Sugar concerns prompt new product launches, but taste remains crucial. The increasing prevalence of lifestyle-related health conditions such as obesity and diabetes associated with excessive sugar consumption is having a significant impact on the chocolate industry. Ferrero Rocher T3 Rocher T16 Rocher T30. In 2019, the North America market value stood at USD 19.50 billion. On the other hand, the volume demand for sugar-free chocolates is expected to grow at a CAGR of 6.3% in the country. Emerging Trend of Premiumisation to Drive Global Chocolate Sales. Moreover, even existing machines such as the U1-C high-performance packaging machine can be retrofitted with this new technology. The market in the region is primarily propelled by the growing trend of organic and clean-label chocolate confectioneries. Fortune Business Insights says that the global chocolate confectionery market size was valued at USD 114.33 billion in 2019 and is projected to reach USD 136.42 billion by 2027. The rapid escalation in demand for premium or specialty chocolates, especially in developed markets such as the U.S., France, Belgium, and Germany has been observed in recent years and an upward trend is expected in the coming years. Remarkable job and great efforts by your research team. Company name. Stockpiling Stance of Consumers Led to Rise in First Quarter Sales of Chocolate Products. The spread of the COVID-19 pandemic and extended period of lockdowns is negatively affecting the chocolate product sales. The per capita consumption of chocolate in these countries is higher than the countries of other regions. The report covered all the points and was very detailed. The rising trend of organic and sustainably sourced chocolate has contributed to new product developments in the chocolate confectionery industry. The market report provides qualitative and quantitative insights. Looking forward to work together on similar projects”, “We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. Rakhat also manufactures diabetes-sensitive products including chocolate, candy, cookies and waffles with reduced caloric content and sugar subsitutes. Consumers are seeking more innovative varieties of chocolates every year. The rising interest in knowing the origin of chocolate and labor welfare concerns among consumers is expected to contribute to the growth in the demand for fair-traded cocoa and chocolate, strengthening the region’s position in the chocolate confectionery market share. Consumers are willing to spend more for premium and crafted products. The confectionery industry is not a science-based industry: it is an industry that has been built on the confectioner's craft. RSP: £1.00. In the initial stages of lockdown, panic buying of food supplies by consumers contributed to the rapid growth in the sales of mainstream chocolates in retail channels as a source of indulgence and comfort. In general, though, confectionery is divided into two broad and somewhat overlapping categories, bakers' confections and sugar confections. Highlighting consumer commitment to sweet treats, the global chocolate confectionery market is expected to continue to grow in 2014 to top US$91.3 billion, a 4% increase on 2013.Manufacturers continue to innovate around a number of flavors, both sweet and savory, and consumers are increasingly curious enough to give even the most outrageous flavors a try. In many countries across the world, chocolates are mainly consumed and associated with seasonal festive occasions, fuelling their demand in the global market. Looking forward to work together in the future”, “It has been a delightful experience working with you guys. The global chocolate confectionery market size was valued at USD 114.33 billion in 2019 and is projected to reach USD 136.42 billion by 2027, exhibiting a CAGR of 2.3% during the forecast period. We specialize in high quality, custom-formulated chocolate and confectionery ingredients for the nutritional bar, bakery, confectionery, and ice cream industry. New technologies for chocolate confectionery formulation along with the beneficial natural flavors and other ingredients have given rise to a new phase in this industry. To know how our report can help streamline your business, Speak to Analyst, Dark Chocolate Segment to Grow at Significant CAGR Backed by Shifting Consumer Preference towards High-end Chocolates. It is typical for many existing brands of confectionery products to use coating chocolate instead of coverture. This will enable the market players to achieve sustainable growth in the industry. Explore Our Products Barchemy focuses on protein enriched, specialty formulated confectionery coatings, no sugar added chocolate and inclusions, and custom confectionery fillings / spreads. In developed countries such as Japan and Australia, the industry is currently driven by the knowledge of perceived health benefits of cocoa such as its polyphenol content and its role in healthy aging. Within Europe, countries such as Switzerland, Belgium, Germany, Austria, and the U.K. are the largest producers and consumers of chocolate products. It is especially driven by the millennials as they are the highest consumers of chocolate products. 885 sell chocolate confectionery products are offered for sale by suppliers on Alibaba.com, of which chocolate accounts for 4%, hard candies accounts for 1%, and gummy candies accounts for 1%. Tell us. Across Massachusetts there’s a wide variety of mouthwatering fine artisan chocolate and confectionery products available on-site or via mail order. Sugar confectionery includes candies (sweets in British English), candied nuts, chocolates, chewing gum, bubble gum, pastillage, and other confections that are made primarily of sugar. In the 1990’s, the IOCCC published two codes of practice: one based on HACCP, and one for specific GMPs for the cocoa, chocolate and confectionery industry[34]. Confectionery is the art of making confections, which are food items that are rich in sugar and carbohydrates.Exact definitions are difficult. Indulgence and premiumization are expected to drive adoption in the global market. Add favorites Compare. Robust Demand for Specialty Chocolate Products Supports Market Growth. Organic chocolate has evolved from the latest trend into a mainstream, must-have feature. While global politics become increasingly tumultuous and extremist, Brits can rest assured that democracy is thriving – at least in the UK chocolate market. Barry Callebaut to Invest in Innovation & Expansion to Strengthen Market Presence. For instance, MycoTechnology, Inc. uses mushrooms to create sweeter chocolates with less sugar. “We are happy with the professionalism of your in-house research team as well as the quality of your research reports. The words candy(US and Canada), sweets (UK and Ireland), and lollies (Australia and New Zealand) are common words for the … We've got all the favourites from Violet Crumble to Allen's Snakes. The origin of cocoa is becoming an important factor in consumer purchasing decisions owing to the rising concerns regarding the safety of the product due to the presence of micro-organisms such as salmonella and heavy metal traces such as cadmium and lead. SKU: 308814. The texture and technological properties of confectionery products are to a large extent controlled by its structure. Although chocolate confectionery continued to see retail volume and current value growth in 2019, increasing concern around sugar consumption and its correlation with weight gain and food-related health problems is putting pressure on chocolate consumption in the UK. Let us know your concerns. But even in this sweet category the Latin American consumers like to have more healthy products but without compromising on the current taste. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. Negotiable price Product located Denmark. The increasing awareness regarding labor welfare is expected to fuel the demand for fair-trade chocolate in the foreseeable years. The data offered to us was exactly what we were looking for. Yurima Aguilar Diabetic patients resist the consumption of chocolates to avoid and reduce sugar intake in their daily diet. Consumers have purchased chocolate snacks and other confectionery products in bulk to sustain them for the next few months. To get information o… Sugar confectionery includes candies (sweets in British English), candied nuts, chocolates, chewing gum, bubble gum, pastillage, and other confections that are made primarily of sugar. Growing Awareness Regarding Health Risks Associated with Chocolate Confectioneries to Impede Market Growth. Chocolate confectionery. It looks quite comprehensive and the data is exactly what I was looking for. The FDA altered the regulations in the year 2018 for all the U.S. chocolate confectionery products, forcing companies to have a declaration on the packaged items about how the added sugar content is likely to create health issues. The key players such as Olam International, Cargill, Inc., Nestle S.A, and Berry Callebaut AG are focusing on strategic mergers, acquisitions, and partnerships to further consolidate the market. The emerging trend of clean-label and organic products to maintain overall health & wellness has increased the demand for dark & sugar-free chocolate snacks with higher cocoa content. The company maintains a portfolio of leading brands in chocolate confectionery, including Kinder and Ferrero Rocher, which it continues to expand with new launches, promoting them on the internet and in social media. It is dominated by five major players holding approximately 88% share in the entire market owing to their huge client base, strong brand loyalty, & robust distribution network. Besides, they add various chemical additives. The production and sales of chocolate items have experienced a sudden slump due to the outbreak of the COVID-19 pandemic. Promotion ends 31st Dec. Log in to buy In some cases, chocolate confections (confections made of chocolate) are treated as a separate category, as are sugar-free versions of sugar confections. Increased consumer preference towards knowing the origin of ingredients used in chocolate confectioneries is expected to further foster the growth of specialty chocolates. Which is the key factor driving the market? The company has production facilities in Almaty and Shymkent and employs 4,500 people. However, the risks associated with confectionery products had been recognised by European Industry Organisations for chocolate, confectionery, biscuits. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”, “Please pass on our sincere thanks to the whole team at Fortune Business Insights. ICAM taps into premium and organic trends Consumers have a growing interest in organic products, which opens up many opportunities for the confectionery industry. Chocolates have become a popular dessert of religious events, special occasions such as Christmas, Easter, and others. Boston was once the candy capital of America, with the first chocolate factory started by Dr. Baker on the Neponset River. Evolving consumer preferences towards innovative & novel products has necessitated manufacturers to introduce new products in the market. Source: Unsplash. Request a Free sample to learn more about this report. The confectionery industry is comprised of three segments: chocolate confectionery, sugar confectionery and gum products. The trend of consuming healthy products to maintain overall health is expected to create enormous opportunities for dark & organic chocolate confectionery in forthcoming years. What was the value of the market in North America in 2019? The growing demand for craft, customized & premium chocolates among millennials is further fueling the chocolate confectioneries market growth. Nestlé Toll House, KitKat, Nestlé Les Recettes de l'Atelier, Smarties, Milkybar, Aero and more. The volume sales in the U.S. reached 1,410.20 thousand tons in 2019 and is projected to witness a marginal growth trend throughout the forecast years due to the consumer reticence towards high sugar intake. North America Chocolate Confectionery Market Size, 2019 (USD Billion), To get more information on the regional analysis of this market, Request a Free sample. The leading manufacturers are intensively focusing on investing in research and development centers, distribution networks, and attractive packaging to capitalize on the growing demand. Yurima Aguilar North America dominated the market share in 2019. Which factors are expected to drive the adoption of these products? The demand for premium chocolates is growing across the world due to the rising consumer discretionary income and evolving gifting tradition. 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