Market Overview:
The global wine chocolate market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for wine chocolate from online and offline channels. Additionally, the growing demand for premium chocolates is also propelling the growth of this market. Based on type, fermented alcoholic drink chocolate segment is projected to hold a dominant share in terms of revenue in 2018 and is expected to maintain its dominance throughout the forecast period. This can be attributed to high consumption of red wine across regions such as North America and Europe which are key markets for fermented alcoholic drink chocolate products.
Product Definition:
The definition of wine chocolate is a type of chocolate that contains red wine. It is said to be healthier than other types of chocolate and has a richer flavor.
Fermented Alcoholic Drink Chocolate:
Fermented alcoholic drink chocolate is a type of dark chocolate liquor made by the fermentation of sugarcane or other starch based material. The primary ingredients in fermented alcoholic drink chocolates are alcohol and cocoa butter. Fermented alcoholic drinks have been known to possess health benefits, such as improvement in blood circulation and oxygen supply to the brain, reduction of stress levels, improved mood, increased intellectual functioning among others.
Distilled Drink Chocolate:
Distilled drink chocolate is a type of cocoa powder that has been processed to remove the fat and sugar content from the cocoa beans. It is then blended with various spirits such as Gin, Vodka, Tequila, Rum and Whiskey to create a smooth texture for incorporation in wine chocolates. The product was first manufactured in 1825 by Dutchman Bernard Nootrop van Duivenvoorde who was working as an agent for Cargill Incorporated (U.S.
Application Insights:
The online sale segment dominated the global wine chocolate market in 2017, accounting for over 60.0% share of the total revenue. The growth can be attributed to an increase in e-commerce penetration and rising demand for luxury chocolates among consumers from developed economies such as U.S., Germany, France and U.K., who prefer purchasing them online due to shipping restrictions imposed by their native countries on imports from other regions.
Offline sales are expected to witness significant growth over the forecast period owing to a rise in tourism activities across various wine producing regions including Italy, Spain, Chile and Argentina among others which is likely to boost product consumption especially amongst millennials who comprise majority of travelers these days. This factor is anticipated to fuel demand for different types of wine chocolates during tours including sweetened or unsweetened ones with alcohol content varying between 13% and 55%.
Regional Analysis:
North America accounted for the largest share of over 35.0% in 2017. The U.S., being the largest market in North America, is expected to witness significant growth over the forecast period owing to increasing demand for chocolates from consumers and restaurants as well as bars & pubs. Furthermore, rising awareness regarding health benefits associated with dark chocolate is anticipated to fuel market growth during the forecast period.
Asia Pacific is expected to expand at a CAGR of XX% from 2018 to 2030 due its huge population base.
Growth Factors:
- Increasing demand for premium chocolate products: The global wine and chocolate market is expected to grow at a CAGR of 6.5% during the forecast period. This can be attributed to the increasing demand for premium chocolate products, especially in developed countries.
- Growing popularity of wine and chocolate pairing: Wine and chocolate are considered as a perfect pair, with each flavor complementing the other. This has led to an increase in the popularity of wine and chocolate pairing, which is driving growth in the market.
- Rising disposable income levels: Rising disposable income levels are leading to an increase in spending on luxury items such as wine and chocolates, thereby propelling growth in the market.
- Proliferation of online retail channels: The proliferation of online retail channels is providing consumers with easy access to a wide range of wines and chocolates, thus boosting growth in the market.. 5) Growing awareness about health benefits associated with consumption of wine & chocolates: There is growing awareness about health benefits associated with consumption if both these products separately or together,. This is prompting consumers to purchase these items more frequently, thereby fuelling growth in th
Scope Of The Report
Report Attributes
Report Details
Report Title
Wine Chocolate Market Research Report
By Type
Fermented Alcoholic Drink Chocolate, Distilled Drink Chocolate, Liqueur Chocolate
By Application
Online Sale, Offline Sale
By Companies
Toms International, Lindt & Sprungli, Ferrero SpA, Underberg AG, Y?ld?z Holding, Duc d'O, Alfred Ritter, Meiji, NEUHAUS, Amedei Tuscany, Halloren
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Wine Chocolate Market Report Segments:
The global Wine Chocolate market is segmented on the basis of:
Types
Fermented Alcoholic Drink Chocolate, Distilled Drink Chocolate, Liqueur 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
Online Sale, Offline Sale
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:
- Toms International
- Lindt & Sprungli
- Ferrero SpA
- Underberg AG
- Y?ld?z Holding
- Duc d'O
- Alfred Ritter
- Meiji
- NEUHAUS
- Amedei Tuscany
- Halloren
Highlights of The Wine Chocolate 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:
- Fermented Alcoholic Drink Chocolate
- Distilled Drink Chocolate
- Liqueur Chocolate
- By Application:
- Online Sale
- Offline Sale
- 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 Wine Chocolate 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Wine Chocolate is a chocolate bar that contains wine.
Some of the key players operating in the wine chocolate market are Toms International, Lindt & Sprungli, Ferrero SpA, Underberg AG, Y?ld?z Holding, Duc d'O, Alfred Ritter, Meiji, NEUHAUS, Amedei Tuscany, Halloren.
The wine chocolate market is expected to register a CAGR of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Wine Chocolate 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. Wine Chocolate Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Wine Chocolate Market - Supply Chain
4.5. Global Wine Chocolate Market Forecast
4.5.1. Wine Chocolate Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Wine Chocolate Market Size (000 Units) and Y-o-Y Growth
4.5.3. Wine Chocolate Market Absolute $ Opportunity
5. Global Wine Chocolate 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. Wine Chocolate Market Size and Volume Forecast by Type
5.3.1. Fermented Alcoholic Drink Chocolate
5.3.2. Distilled Drink Chocolate
5.3.3. Liqueur Chocolate
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Wine Chocolate 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. Wine Chocolate Market Size and Volume Forecast by Application
6.3.1. Online Sale
6.3.2. Offline Sale
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Wine Chocolate 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. Wine Chocolate 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 Wine Chocolate 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. Wine Chocolate 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 Wine Chocolate Demand Share Forecast, 2019-2026
9. North America Wine Chocolate 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 Wine Chocolate 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 Wine Chocolate Market Size and Volume Forecast by Application
9.4.1. Online Sale
9.4.2. Offline Sale
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Wine Chocolate Market Size and Volume Forecast by Type
9.7.1. Fermented Alcoholic Drink Chocolate
9.7.2. Distilled Drink Chocolate
9.7.3. Liqueur 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 Wine Chocolate Demand Share Forecast, 2019-2026
10. Latin America Wine Chocolate 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 Wine Chocolate 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 Wine Chocolate Market Size and Volume Forecast by Application
10.4.1. Online Sale
10.4.2. Offline Sale
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Wine Chocolate Market Size and Volume Forecast by Type
10.7.1. Fermented Alcoholic Drink Chocolate
10.7.2. Distilled Drink Chocolate
10.7.3. Liqueur 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 Wine Chocolate Demand Share Forecast, 2019-2026
11. Europe Wine Chocolate 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 Wine Chocolate 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 Wine Chocolate Market Size and Volume Forecast by Application
11.4.1. Online Sale
11.4.2. Offline Sale
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Wine Chocolate Market Size and Volume Forecast by Type
11.7.1. Fermented Alcoholic Drink Chocolate
11.7.2. Distilled Drink Chocolate
11.7.3. Liqueur Chocolate
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Atractiveness/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 Wine Chocolate Demand Share, 2019-2026
12. Asia Pacific Wine Chocolate 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 Wine Chocolate 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 Wine Chocolate Market Size and Volume Forecast by Application
12.4.1. Online Sale
12.4.2. Offline Sale
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Wine Chocolate Market Size and Volume Forecast by Type
12.7.1. Fermented Alcoholic Drink Chocolate
12.7.2. Distilled Drink Chocolate
12.7.3. Liqueur 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 Wine Chocolate Demand Share, 2019-2026
13. Middle East & Africa Wine Chocolate 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 Wine Chocolate 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 Wine Chocolate Market Size and Volume Forecast by Application
13.4.1. Online Sale
13.4.2. Offline Sale
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Wine Chocolate Market Size and Volume Forecast by Type
13.7.1. Fermented Alcoholic Drink Chocolate
13.7.2. Distilled Drink Chocolate
13.7.3. Liqueur 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 Wine Chocolate Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Wine Chocolate Market: Market Share Analysis
14.2. Wine Chocolate Distributors and Customers
14.3. Wine Chocolate Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Toms International
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Lindt & Sprungli
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Ferrero SpA
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Underberg AG
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Y?ld?z Holding
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Duc d'O
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Alfred Ritter
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Meiji
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. NEUHAUS
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Amedei Tuscany
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Halloren
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
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
