Market Overview:
The global seasonal chocolates market is expected to grow at a CAGR of 5.8% during the forecast period 2018-2030. The growth in the global seasonal chocolates market can be attributed to factors such as rising demand for dark chocolate, increasing awareness about health benefits of chocolate, and growing trend of gifting chocolates during special occasions. Based on type, the global seasonal chocolates market is segmented into white and milk season chocolate and dark season chocolate. The dark season chocolate segment is expected to grow at a higher CAGR than the other segments during the forecast period 2018-2030. This can be attributed to rising demand for premium quality dark chocolates due to its health benefits such as improving heart health and reducing stress levels. Based on application, the global seasonal chocolates market is segmented into supermarkets and hypermarkets, independent retailers, convenience stores, specialist retailers, online retailers.
Product Definition:
A type of chocolate that is only available at certain times of the year. Seasonal chocolates are often made with ingredients that are associated with the time of year they are sold. For example, pumpkin spice chocolates might be made with pumpkin puree and spices like cinnamon and nutmeg.
White and Milk Seasonal Chocolate:
White and milk seasonal chocolate is a combination of white and milk chocolate, which is manufactured in limited quantities. The product has high demand during the winter season due to its rich taste, flavor, and aroma. It contains cocoa butter, sugar, vanilla flavorings along with other ingredients like whole eggs & cream cheese which makes it creamy & smooth in texture.
Dark Seasonal Chocolate:
Dark seasonal chocolate is a type of chocolate that is made with cocoa beans that are not harvested until after the first frost. The longer the cocoa beans are stored outside, the darker and more robust they become. This makes dark chocolate healthier as it has higher levels of antioxidants than other chocolates. It also has less sugar and fat than milk or white chocolates, making it ideal for consumers who want to cut back on calories while still enjoying their favorite confectionery foods in moderation.
Application Insights:
The supermarkets and hypermarkets segment led the global seasonal chocolates market in 2017. This is attributed to growing consumer awareness regarding health benefits associated with dark chocolate, which has a high percentage of cocoa butter, sugar and milk solids. Moreover, increasing demand for luxury products among consumers in developed economies such as the U.S., Germany, France and U.K., is expected to drive the product demand over the forecast period.
The independent retailers segment accounted for a share of 22% in 2017 owing to their ability to cater customized requirements of consumers based on their local flavorsome food habits and preferences along with offering an extensive product range at affordable prices as compared to other retail channels such as specialty stores or supermarkets that offer limited choices at higher costs.
Regional Analysis:
North America dominated the global seasonal chocolates market in 2017. The U.S., in particular, is one of the largest consumers of chocolate across the globe. According to a study published by Marketdata Forecast, Inc., an economic research and consulting firm, U.S.-based consumers alone spent around USD X billion on chocolate products in 2016; this number is expected to grow at a significant rate over the forecast period until 2026.
Asia Pacific is expected to be one of the fastest-growing regional markets from 2018 to 2030 owing to increasing disposable income levels and changing consumer preferences towards premium quality seasonal chocolates produced using natural ingredients from countries like China and India as well as Belgium.
Growth Factors:
- Increasing demand for artisanal and premium chocolates: The global market for artisanal and premium chocolates is growing at a fast pace. This is mainly due to the increasing demand for high-quality, unique, and innovative chocolate products.
- Rising popularity of chocolate festivals: Chocolate festivals are gaining in popularity all over the world. These events provide an excellent opportunity for chocolate lovers to sample different types of chocolates from various vendors.
- Growing trend of personalized gifts: The trend of giving personalized gifts is gaining traction among consumers worldwide. This has led to an increase in the demand for customized seasonal chocolates products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Seasonal Chocolates Market Research Report
By Type
White and Milk Seasonal Chocolate, Dark Seasonal Chocolate
By Application
Supermarkets and Hypermarkets, Independent Retailers, Convenience Stores, Specialist Retailers, Online Retailers
By Companies
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, Anna Banana's Homemade Goodness
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Seasonal Chocolates Market Report Segments:
The global Seasonal Chocolates market is segmented on the basis of:
Types
White and Milk Seasonal Chocolate, Dark Seasonal Chocolate
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Supermarkets and Hypermarkets, Independent Retailers, Convenience Stores, Specialist Retailers, Online Retailers
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this 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
- Anna Banana's Homemade Goodness
Highlights of The Seasonal Chocolates Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- White and Milk Seasonal Chocolate
- Dark Seasonal Chocolate
- By Application:
- Supermarkets and Hypermarkets
- Independent Retailers
- Convenience Stores
- Specialist Retailers
- Online Retailers
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Seasonal Chocolates Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Seasonal chocolates are made with ingredients that vary depending on the season. For example, in the winter, chocolate may be flavored with spices like ginger or cinnamon. In the summer, there may be flavors like strawberry or watermelon.
Some of the key players operating in the seasonal chocolates market 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, Anna Banana's Homemade Goodness.
The seasonal chocolates market is expected to grow at a compound annual growth rate of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Seasonal Chocolates Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Seasonal Chocolates Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Seasonal Chocolates Market - Supply Chain
4.5. Global Seasonal Chocolates Market Forecast
4.5.1. Seasonal Chocolates Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Seasonal Chocolates Market Size (000 Units) and Y-o-Y Growth
4.5.3. Seasonal Chocolates Market Absolute $ Opportunity
5. Global Seasonal Chocolates Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Seasonal Chocolates Market Size and Volume Forecast by Type
5.3.1. White and Milk Seasonal Chocolate
5.3.2. Dark Seasonal Chocolate
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Seasonal Chocolates Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Seasonal Chocolates Market Size and Volume Forecast by Application
6.3.1. Supermarkets and Hypermarkets
6.3.2. Independent Retailers
6.3.3. Convenience Stores
6.3.4. Specialist Retailers
6.3.5. Online Retailers
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Seasonal Chocolates Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Seasonal Chocolates Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Seasonal Chocolates Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Seasonal Chocolates Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Seasonal Chocolates Demand Share Forecast, 2019-2026
9. North America Seasonal Chocolates Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Seasonal Chocolates Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Seasonal Chocolates Market Size and Volume Forecast by Application
9.4.1. Supermarkets and Hypermarkets
9.4.2. Independent Retailers
9.4.3. Convenience Stores
9.4.4. Specialist Retailers
9.4.5. Online Retailers
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Seasonal Chocolates Market Size and Volume Forecast by Type
9.7.1. White and Milk Seasonal Chocolate
9.7.2. Dark Seasonal Chocolate
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Seasonal Chocolates Demand Share Forecast, 2019-2026
10. Latin America Seasonal Chocolates Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Seasonal Chocolates Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Seasonal Chocolates Market Size and Volume Forecast by Application
10.4.1. Supermarkets and Hypermarkets
10.4.2. Independent Retailers
10.4.3. Convenience Stores
10.4.4. Specialist Retailers
10.4.5. Online Retailers
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Seasonal Chocolates Market Size and Volume Forecast by Type
10.7.1. White and Milk Seasonal Chocolate
10.7.2. Dark Seasonal Chocolate
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Seasonal Chocolates Demand Share Forecast, 2019-2026
11. Europe Seasonal Chocolates Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Seasonal Chocolates Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Seasonal Chocolates Market Size and Volume Forecast by Application
11.4.1. Supermarkets and Hypermarkets
11.4.2. Independent Retailers
11.4.3. Convenience Stores
11.4.4. Specialist Retailers
11.4.5. Online Retailers
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Seasonal Chocolates Market Size and Volume Forecast by Type
11.7.1. White and Milk Seasonal Chocolate
11.7.2. Dark Seasonal Chocolate
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Seasonal Chocolates Demand Share, 2019-2026
12. Asia Pacific Seasonal Chocolates Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Seasonal Chocolates Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Seasonal Chocolates Market Size and Volume Forecast by Application
12.4.1. Supermarkets and Hypermarkets
12.4.2. Independent Retailers
12.4.3. Convenience Stores
12.4.4. Specialist Retailers
12.4.5. Online Retailers
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Seasonal Chocolates Market Size and Volume Forecast by Type
12.7.1. White and Milk Seasonal Chocolate
12.7.2. Dark Seasonal Chocolate
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Seasonal Chocolates Demand Share, 2019-2026
13. Middle East & Africa Seasonal Chocolates Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Seasonal Chocolates Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Seasonal Chocolates Market Size and Volume Forecast by Application
13.4.1. Supermarkets and Hypermarkets
13.4.2. Independent Retailers
13.4.3. Convenience Stores
13.4.4. Specialist Retailers
13.4.5. Online Retailers
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Seasonal Chocolates Market Size and Volume Forecast by Type
13.7.1. White and Milk Seasonal Chocolate
13.7.2. Dark Seasonal Chocolate
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Seasonal Chocolates Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Seasonal Chocolates Market: Market Share Analysis
14.2. Seasonal Chocolates Distributors and Customers
14.3. Seasonal Chocolates Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Lindt & Sprungli
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Ferrero
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Mars
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Mondelez International
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Godiva
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hershey's
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Nestle
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Phillips Chocolate
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Lake Champlain Chocolates
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Blue Frog Chocolates
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Haigh's Chocolates
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Gayle's Chocolates
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Gilbert Chocolates
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Purdys Chocolatier
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Anna Banana's Homemade Goodness
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
