Chocolate Market Analysis by Mordor Intelligence
The chocolate market size is estimated at USD 119.6 billion in 2026 and is projected to be USD 125.6 billion in 2027, reaching USD 158.4 billion by 2032, growing at a CAGR of 4.75% from 2027 to 2032. The market’s volume is estimated at 8.11 million tons in 2026 and is projected to be 8.3 million tons in 2027, reaching 9.3 million tons by 2032, growing at a CAGR of 2.3% from 2027 to 2032.
Premium formats and seasonal gifting sustain spending in the United States despite pressure to limit sugar. Cocoa costs squeeze margins, while dietary and regulatory constraints narrow demand-building options for everyday bars. Flavor innovation supports differentiation, and sourcing programs connect chocolate production to ethical procurement. For retailers, premium bars and gift boxes provide reasons to buy that do not depend on volume discounts.
Key Report Takeaways
- By product type, milk and white chocolate led with a 64.41% chocolate market share in 2026, while dark chocolate is projected to grow fastest at a 5.15% CAGR from 2027 to 2032.
- Tablets and bars led the form category with a 48.17% share of the chocolate market size in 2026, and pralines and truffles are forecast to grow fastest at a 4.8% CAGR from 2027 to 2032.
- Within the price range category, mass chocolate held 76.61% of revenue in 2026, with premium chocolate forecast to grow fastest at a 5.65% CAGR from 2027 to 2032.
- The ingredient category was led by dairy-based chocolate, which held 80.92% of revenue in 2026, while plant-based chocolate is forecast to grow fastest at a 5.9% CAGR from 2027 to 2032.
- Supermarkets/hypermarkets led distribution with 43.69% of revenue in 2026, and online retail stores are projected to grow fastest at a 6.85% CAGR from 2027 to 2032.
- Across geographies, Europe held 43.46% of revenue in 2026, while the Middle East and Africa region is forecast to grow fastest at a 5.75% CAGR from 2027 to 2032.
Note: Market numbers in this report are based on Mordor Intelligence's proprietary estimation framework, which combines nine months of actuals with Q4 projections for base year 2026.
Market Trends and Insights
Drivers Impact Analysis of Chocolate Market*
| Driver | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Premiumization and Craft Chocolate Movement | +1.8% | Across the United States | Short term (≤ 2 years) |
| Flavor Innovation and Global Taste Exploration | +1.4% | United States, Brazil, India and United Kingdom | Medium term (2-4 years) |
| Growth of Gifting and Seasonal Consumption Occasions | +1.6% | Across the United States | Short term (≤ 2 years) |
| Rising Demand for Sustainable and Ethical Cocoa Sourcing | +1.2% | Côte d’Ivoire, Ghana, Indonesia, Brazil and Ecuador | Long term (≥ 4 years) |
| Clean-Label and Natural Ingredient Reformulation | +0.7% | China, Indonesia, Australia and Japan | Medium term (2-4 years) |
| Advancements in Chocolate Processing | +0.5% | Across the United States | Long term (≥ 4 years) |
| Source: Mordor Intelligence | |||
Premiumization and Craft Chocolate Movement
Premiumization supports chocolate revenue by creating room for more differentiated products within discretionary confectionery spending. United States premium chocolate dollar sales grew 9.8% in 2025, while super-premium dollar sales grew 16.7%, according to NielsenIQ data reported by FoodNavigator.[1] The stronger result at the higher tier gives manufacturers a reason to develop distinctions within premium offerings themselves. Barry Callebaut’s 2026 chocolate trends report also described consumers expecting formats that justify premium price points. Mintel data reported by ConfectioneryNews show premium claims on 7% of global chocolate confectionery launches in 2025, up from 5% in 2020, so launch activity is moving toward premium positioning alongside the sales gains.
Flavor Innovation and Global Taste Exploration
Flavor exploration gives chocolate brands a way to compete through sensory differences within an established confectionery category. Barry Callebaut’s September 2025 survey covered consumers in 24 markets who had purchased chocolate confectionery in the previous 12 months, and 42% considered sweet and savory chocolates very relevant. Its 2026 outlook also described younger consumers seeking Asian ingredients such as matcha, calamansi, and yuzu. These preferences support innovation based on a recognizably different taste, giving manufacturers a clearer proposition than an undifferentiated additional flavor. A sweet-savory chocolate offer and a matcha-led offer could address different stated preferences, giving product developers 2 specific routes for a range extension.
Growth of Gifting and Seasonal Consumption Occasions
Seasonal occasions create concentrated chocolate demand that can support products designed around a particular celebration. United States seasonal Christmas chocolate candy sales exceeded USD 1.31 billion during the 8 weeks ending December 28, 2025.[2] Easter-related chocolate candy recorded a USD 214 million week-over-week sales lift during April 13 to 20, 2025, making it the top Easter-related category in the United States. Together, these measures show an established holiday revenue pool and a separate, sharply timed increase in spending. For brands, this supports matching chocolate offers to the meaning and timing of each celebration rather than relying on routine consumption alone. Serving Christmas and Easter spreads seasonal chocolate demand across selling windows months apart, reducing dependence on a single holiday.
Rising Demand for Sustainable and Ethical Cocoa Sourcing
Ethical sourcing directs procurement demand toward program-aligned cocoa when a major chocolate buyer embeds the approach in purchasing. Mondelēz International reported that Cocoa Life covered approximately 100% of the cocoa volume sourced for its chocolate business in 2025. Cocoa Horizons used a fixed premium per kilogram of delivered cocoa in FY 2024/25, with payments linked to Barry Callebaut’s purchases and arrangements varying by origin. That delivery link gives the sourcing commitment a concrete financial mechanism for participating farmers and farmer groups. The payment reaching those farmers therefore rises and falls with the program cocoa buyers take, so purchasing volume, not the pledge alone, is what funds the premium.
Restraints Impact Analysis of Chocolate Market*
| Restraint | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Rising Regulatory Pressure on Sugar and Confectionery Products | -0.9% | Across the United Kingdom | Short term (≤ 2 years) |
| Allergies and rising dietary restrictions | -0.7% | Across the United Kingdom | Medium term (2-4 years) |
| Consumer shift toward low-sugar and low-calorie lifestyles | -0.4% | Across the United States | Long term (≥ 4 years) |
| Cocoa price volatility and supply-chain disruptions | -0.5% | Europe, North America and Asia-Pacific | Short term (≤ 2 years) |
| Source: Mordor Intelligence | |||
Rising Regulatory Pressure on Sugar and Confectionery Products
Restrictions on advertising and promotional pricing reduce the tools available to stimulate chocolate purchases. On January 5, 2026, United Kingdom rules restricted television advertising before 9 p.m. and paid online advertising at any time for qualifying less-healthy products, including white, milk, and dark chocolate.[3] England’s restrictions on covered retailers’ volume-price promotions for qualifying less-healthy products took effect on October 1, 2025, including offers of 3 for the price of 2. The advertising rules narrow opportunities to build product awareness through the affected media. Limits on volume incentives also constrain how covered retailers encourage additional units in a transaction. Suppliers of qualifying chocolate have to design campaigns around the channels and offers the rules permit.
Allergies and rising dietary restrictions
Allergen uncertainty can exclude allergic shoppers from specific chocolate offers, making reliable labeling a condition of purchase. On June 16, 2025, the Food Standards Agency advised consumers with food allergies against buying some imported Dubai-style chocolate unless they could confirm it was intended for UK sale. Targeted surveillance of 45 Dubai-style pistachio chocolate samples bought in England, Wales, and Northern Ireland from July through October 2025 found undeclared peanut or sesame in 18, across 14 brands. All samples were tested for peanut, while 42 had reported sesame results. The agency said most Dubai-style chocolate sold in UK shops was safe. Without confirmation of intended UK sale, allergic shoppers were advised to avoid these imports, leaving sellers unable to rely on that buyer group.
*Our forecasts treat driver/restraint impacts as directional, not additive. The impact forecasts reflect baseline growth, mix effects, and variable interactions.
Chocolate Market Segment Analysis
By Product Type:
Broad Milk Chocolate Appeal and Targeted Dark Chocolate InterestMilk and white chocolate accounted for a 64.41% share of the chocolate market size in 2026, making it the largest segment. In its study of 2025 treating patterns, the National Confectioners Association identified milk chocolate as America’s most loved confection across generations of shoppers. That preference spans age groups, so the milk portion of the segment does not depend on one narrow generation of shoppers in the United States.
Dark chocolate is the fastest-growing segment, with a projected 5.15% CAGR from 2027 to 2032. Ocado.com searches for dark chocolate Easter eggs rose 247% for December 15, 2025, to March 8, 2026, versus December 16, 2024, to March 9, 2025. That search term unites a chocolate type with a seasonal format, giving a retailer a more defined selection problem than a general request for chocolate. The measured searches give an online retailer a reason to include dark recipes in its Easter egg assortment.
By Form:
Bar Production Scale and Premium Praline DevelopmentTablets and bars represented a 48.17% chocolate market share in 2026, making them the largest segment by form. Nestlé’s new line at the Sofia Chocolate Factory produced 420 KitKat bars per minute in 2026. A dedicated line at that throughput illustrates the form’s industrial production potential, with the commercial offer built around repeated units of a finished branded chocolate product. The Bulgarian-Swiss Chamber of Commerce’s 2026 brochure says the Sofia expansion was driven by rising KitKat demand across Europe and globally, and that output from the new line reaches 30 international markets.
Pralines and truffles are the fastest-growing segment, with a projected 4.8% CAGR from 2027 to 2032. Lindt & Sprüngli reported that its new Signature pralines range helped drive 2025 growth in its French premium category. Other forms include chocolate bunnies, which the National Confectioners Association reported play a central role alongside seasonal candy in US Easter celebrations, giving this form a celebration-led use. Lindt listed Excellence, packaging innovation, and enhanced in-store visibility alongside its new praline lines as drivers of that French growth.
By Price Range:
Rural Access and Premium Travel RetailMass chocolate held 76.61% of market value in 2026, making it the largest segment by price range. In April 2026, Mondelēz India’s marketing vice president identified Cadbury Dairy Milk as its rural lead chocolate brand and described a low-unit-price chocolate portfolio to support category penetration there. The approach makes the outlay for one chocolate purchase a route to reach a defined rural buyer group, while keeping the proposition attached to an established brand. The same interview noted that chocolate price points have migrated to higher prices over the decades, while the lowest price points remain central to biscuit penetration.
Premium chocolate is the fastest-growing segment, with a projected 5.65% CAGR from 2027 to 2032. In 2025, Lindt & Sprüngli’s Global Travel Retail business, which sold Lindt products through duty-free shops, grew 19.6%. Lindt attributed the result to the success of Lindt Dubai Style Chocolate, which it said resonated with travelers worldwide.
By Ingredient Type:
Formulation Identity and Origin-Based DifferentiationDairy-based chocolate was the largest segment, holding 80.92% of market value in 2026. A June 2025 YouGov survey of 18,951 participants in Germany found that 48% most liked whole milk chocolate, measuring stated preference. The Hershey Company’s West Hershey plant produces more than 70 million Hershey’s Kisses Milk Chocolates each day in Hershey, Pennsylvania. That plant also manufactures milk chocolate bars and milk chocolate bars with almonds.
Plant-based chocolate is the fastest-growing segment, with a projected 5.9% CAGR from 2027 to 2032. Ombar’s plant-based blonde white chocolate alternative became available in Tesco Extra stores nationwide in the UK on April 21, 2025. That retail placement gave a dairy-free alternative access to mainstream supermarket shoppers. In its European cocoa analysis, CBI reports that consumer interest in origin and ingredient quality is driving single-origin chocolate’s growing popularity for its distinctive flavor profiles.
By Distribution Channel:
Retail Assortments and Targeted Online OffersSupermarkets/hypermarkets were the largest segment, with 43.69% of market value in 2026. A supermarket can place several chocolate types, prices, and formats within a shared retail setting, allowing suppliers to develop distinct roles for products in one range. Over the latest 52 weeks covered in Circana’s August 2026 analysis, UK grocer supermarkets gained share across confectionery categories, including chocolate. A chocolate supplier concentrating only on independent stores would miss the channel gaining ground in that UK comparison.
Online retail stores are the fastest-growing segment, with a projected 6.85% CAGR from 2027 to 2032. Ocado Retail reported 355% year-over-year sales growth for its Guinness Rugby Ball Easter Egg on Ocado.com, comparing December 15, 2025, to March 8, 2026, with December 16, 2024, to March 9, 2025. The rugby theme and alcohol-infused chocolate formulation give the offer a specific identity within an Easter range.
Geography Analysis
Europe Chocolate Market
Europe accounted for a 43.46% share of the chocolate market size in 2026, making it the largest geography. CBI valued the European chocolate market at USD 49.3 billion in 2025, the spending base behind the region’s lead. Switzerland’s chocolate industry, encompassing finished and semi-finished products including powder, exported 136,829 metric tons in 2025, down 9.3% from 2024. Exports accounted for 71.1% of Swiss industry sales volume that year. With exports the larger outlet, the fall in export volume weighed on the core channel of this Swiss supply base.
Middle East and Africa Chocolate Market
Middle East and Africa is the fastest-growing geography, with a projected 5.75% CAGR from 2027 to 2032. Dubai Duty Free sold Dubai chocolate across 13 brands in 2025 through its airport retail business. Saudi Arabia separately exported nearly 12,000 metric tons of chocolate in 2025. Dubai chocolate drove Dubai Duty Free’s confectionery performance, showing how one product style supported sales across multiple brands. The Saudi exports show chocolate leaving the country in commercial volume.
In North America, 82% of United States consumers wanted holiday-specific confectionery items with special packaging, shapes, and flavors in 2025, highlighting an occasion-led product opportunity. Asia-Pacific’s imported-chocolate opportunity is illustrated by China’s reported 134.3% increase in spending on Italian chocolate candies during the 2025 Spring Festival. In South America, Brazil’s Easter chocolate egg output increased from 45 million units in 2025 to 46 million in 2026, with production beginning the preceding August. Because Easter egg production in Brazil begins the preceding August, producers commit to their seasonal range months before the selling window.
All regions
Regulatory Framework and Outlook
The comparison assesses selected jurisdictions from the perspective of suppliers selling prepackaged chocolate, focusing on composition and labeling. The United Kingdom column covers England’s composition rules, while the other columns use the stated national frameworks. Existing rules establish the product-design baseline, while adopted new requirements and pending proposals shape the direction of commercial preparation.
Regulatory Table of Chocolate Market
| Decision factor | Canada | United Kingdom | China | Brazil | South Africa |
|---|---|---|---|---|---|
| Primary authority | Canadian Food Inspection Agency | Local food authorities in England | State Administration for Market Regulation | Agência Nacional de Vigilância Sanitária (Anvisa) | Department of Health and municipal Environmental Health Practitioners |
| Key instruments or direction | Food and Drug Regulations nutrition-labeling requirements | Cocoa and Chocolate Products (England) Regulations 2003 | Recommended GB/T 19343-2025 quality standard; food-labeling measures from March 16, 2027 | RDC 723/2022; RDC 429/2020; Law 15.404/2026 from May 6, 2027 | R146 and amendments; draft R3337 nutrition-labeling proposal |
| Commercial effect | Symbols for qualifying foods; goods imported, made in Canada, or packaged at retail before 2026 may continue to be sold | Reserved descriptions and composition; cocoa-solids and, where appropriate, milk-solids declarations for covered products | Recommended quality benchmark; prospective date and mandatory-text label changes | Product composition and threshold-triggered nutrition labels; 2027 cocoa declarations subject to complementary implementation | Product-name and composition labeling; proposed front-of-pack nutrition labels above specified cut-offs if adopted |
| Current policy attractiveness | Medium | High | Medium | Medium | Medium |
| Future direction of policy attractiveness | No change | No change | Hardening | Hardening | Hardening |
| Source: Mordor Intelligence | |||||
Canada’s completed transition for front-of-package nutrition symbols permits the continued sale of goods imported, made in Canada, or packaged at retail before January 1, 2026, while Food Standards Agency surveillance across England, Wales, and Northern Ireland in 2025/26 found 22 of 40 sampled prepacked solid chocolate products unsatisfactory under the Cocoa and Chocolate Products Regulations, signaling active scrutiny of composition and labeling for suppliers. China’s March 16, 2027 changes raise minimum font heights and date-information prominence, creating a label-redesign task for affected prepackaged products. Brazil’s defined chocolate category moves from 25% to 35% minimum total cocoa solids on May 6, 2027, with at least 18% cocoa butter, 14% fat-free cocoa solids, and at most 5% other authorized vegetable fats. South Africa’s R3337 draft, under consideration in October 2026, would add front-of-pack nutrition labels for products above specified cut-offs if adopted, making the policy trajectory more demanding.
Value Chain Stages
The value chain compares cocoa procurement, ingredient processing, finished-chocolate manufacturing, and wholesale selling by the activity that creates a supplier’s sale. Mondelēz International worked with more than 257,000 registered Cocoa Life farmers in 2025. The Cocoa Life program covered approximately 100% of the cocoa volume Mondelēz sourced for its chocolate business, and coordinating that buying program is a different activity from running a finished-product plant, which is why the table separates the stages.
Value Chain Analysis Table of Chocolate Market
| Primary activity | Key participants | Value capture | Bottleneck | Resilience response |
|---|---|---|---|---|
| Cocoa procurement coordination | Cocoa buyers operating sourcing programs such as Mondelēz International Inc. | Cocoa sales by upstream suppliers | Coordinating program participation and purchased cocoa | Link supplier records to purchased cocoa lots |
| Cocoa ingredient processing | Cocoa ingredient processors such as Guan Chong Berhad | Cocoa ingredient and industrial-chocolate sales | Matching ingredient specifications to finished-product requirements | Agree ingredient specifications with downstream manufacturers |
| Finished-chocolate manufacturing | Chocolate manufacturers such as Chocoladefabriken Lindt & Sprüngli AG | Branded finished-chocolate sales | Aligning plant execution with the product portfolio | Assign stable product ranges to suitable production capacity |
| Branded wholesale selling | Chocolate wholesale sellers such as Chocoladefabriken Lindt & Sprüngli AG | Wholesale chocolate sales | Dependence on access to wholesale customers | Broaden wholesale customer relationships |
| Source: Mordor Intelligence | ||||
Lindt & Sprüngli’s 2025 business combined 11 manufacturing plants, 6 in Europe and 5 in the United States, with wholesale as its largest sales channel. The group mainly sold in Europe and North America, making commercial access in those regions an important complement to manufacturing capability. Owning production therefore leaves downstream value capture dependent on the manufacturer’s ability to reach buyers through its sales channels.
Competitive Landscape
Market Concentration
The established branded core includes Mars, Incorporated, through Mars Wrigley brands Snickers, Twix, and M&M’s, and Nestlé S.A., whose confectionery category is led by KitKat. Ferrero International S.A., the parent of Ferrero Group, participates through a group portfolio including Ferrero Rocher and Kinder, while The Hershey Company supplies Hershey’s and Reese’s and Mondelēz International Inc. markets Cadbury Dairy Milk, Milka, and Toblerone. Mondelēz International reported USD 19.43 billion in net revenues across its company-wide portfolio for the 6 months ended June 30, 2026. Mars reported on September 23, 2025, that its 10 European Mars Wrigley factories produced about 900,000 metric tons annually across brands including Snickers, Twix, M&M’s, and Freedent/Extra gum.
Investment upstream of finished products provides a way to support several brands from a shared chocolate-processing platform. The Hershey Company opened the Reese Chocolate Processing facility in Hershey, Pennsylvania, on April 16, 2025, as an extension of its existing Reese plant. The facility was built to provide chocolate for brands including Reese’s, Kit Kat, and Hershey’s. Hershey describes the plant as its first fully integrated digital manufacturing plant, with technology designed for increased speed, greater capacity, and maximum agility. It calls the facility the capstone of a decade-long USD 1 billion investment in its supply chain network.
Mars Wrigley, the Mars confectionery business, also reported in September 2025 that all 10 of those factories used renewable energy. Mars bought guarantees of origin for the remaining renewable electricity and biomethane equivalent to the electricity and gas used in its direct European confectionery operations. EU measures applying from September 27, 2026, prohibit generic environmental claims without relevant recognized excellent environmental performance. The directive’s recital excludes clearly and prominently specified claims of 100% renewable energy for packaging production from this ban when specified on the same medium, while other consumer-protection rules apply. A chocolate maker seeking the specific-claim exclusion must state its renewable-energy claim’s scope clearly and prominently, and Mars’s account of energy covered by guarantees of origin illustrates the detail involved.
Chocolate Industry Leaders
-
Mars, Incorporated
-
Nestlé S.A.
-
Ferrero International S.A.
-
The Hershey Company
-
Mondelēz International Inc.
- *Disclaimer: Major Players sorted in no particular order
Chocolate Market Companies Covered in this Report
- Mars, Incorporated
- Mondelēz International Inc.
- Nestlé S.A.
- Ferrero International S.A.
- The Hershey Company
- Barry Callebaut AG
- Meiji Holdings Co., Ltd.
- Chocoladefabriken Lindt & Sprüngli AG
- Yıldız Holding (Godiva / Ülker)
- Lotte Wellfood Co., Ltd.
- Arcor S.A.I.C.
- August Storck KG
- ITC Limited
- Morinaga & Co., Ltd.
- Guan Chong Berhad
- Blommer Chocolate Company
- Valrhona S.A.S.
- Ritter Sport (Alfred Ritter GmbH & Co. KG)
- Fazer Group
- Ghirardelli Chocolate Company
Recent Industry Developments in Chocolate Market
- Sep 2026: Mondelēz International announced Toblerone Diamond Truffles with Biscoff, including a 495-gram premium box exclusive to Costco in 10 markets, with availability in some Costco stores at the announcement.
- Sep 2026: Meiji Co., Ltd. announced Chocolate Kouka Cacao 72% Cacao Flavanol Plus, a functional-label chocolate containing cacao flavanol, with September 29 set as the planned nationwide Japan launch date.
- Sep 2026: The Hershey Company announced Hershey’s Creme Bars, milk chocolate bars with creme fillings in Salted Caramel and Affogato varieties.
Scope and Methodology
Segmentation Overview
| Dark Chocolate |
| Milk and White Chocolate |
| Tablets and Bars |
| Molded Blocks |
| Pralines and Truffles |
| Other Forms |
| Mass |
| Premium |
| Dairy-based |
| Plant-based |
| Single Origin |
| Supermarkets/Hypermarkets |
| Online Retail Stores |
| Convenience Store |
| Other Distribution Channels |
| North America | United States |
| Canada | |
| Mexico | |
| Rest of North America | |
| Europe | Germany |
| United Kingdom | |
| Italy | |
| France | |
| Spain | |
| Netherlands | |
| Poland | |
| Belgium | |
| Sweden | |
| Rest of Europe | |
| Asia-Pacific | China |
| India | |
| Japan | |
| Australia | |
| Indonesia | |
| South Korea | |
| Thailand | |
| Singapore | |
| Rest of Asia-Pacific | |
| South America | Brazil |
| Argentina | |
| Colombia | |
| Chile | |
| Peru | |
| Rest of South America | |
| Middle East and Africa | South Africa |
| Saudi Arabia | |
| United Arab Emirates | |
| Nigeria | |
| Egypt | |
| Morocco | |
| Turkey | |
| Rest of Middle East and Africa |
| By Product Type | Dark Chocolate | |
| Milk and White Chocolate | ||
| By Form | Tablets and Bars | |
| Molded Blocks | ||
| Pralines and Truffles | ||
| Other Forms | ||
| By Price Range | Mass | |
| Premium | ||
| By Ingredient Type | Dairy-based | |
| Plant-based | ||
| Single Origin | ||
| By Distribution Channel | Supermarkets/Hypermarkets | |
| Online Retail Stores | ||
| Convenience Store | ||
| Other Distribution Channels | ||
| By Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Rest of North America | ||
| Europe | Germany | |
| United Kingdom | ||
| Italy | ||
| France | ||
| Spain | ||
| Netherlands | ||
| Poland | ||
| Belgium | ||
| Sweden | ||
| Rest of Europe | ||
| Asia-Pacific | China | |
| India | ||
| Japan | ||
| Australia | ||
| Indonesia | ||
| South Korea | ||
| Thailand | ||
| Singapore | ||
| Rest of Asia-Pacific | ||
| South America | Brazil | |
| Argentina | ||
| Colombia | ||
| Chile | ||
| Peru | ||
| Rest of South America | ||
| Middle East and Africa | South Africa | |
| Saudi Arabia | ||
| United Arab Emirates | ||
| Nigeria | ||
| Egypt | ||
| Morocco | ||
| Turkey | ||
| Rest of Middle East and Africa | ||
Market Definition
- Milk and White Chocolate - Milk chocolates is a solid chocolate made with milk (in the form of either milk powder, liquid milk, or condensed milk) and cocoa solids. White chocolate is made from cocoa butter and milk and contains no cocoa solids whatsoever. The scope includes regular chocolates, low-sugar, and sugar-free variants
- Toffees & Nougats - Toffees include hard, chewy, and small or one-bite candies marketed with labels as toffee or toffee-like confectionery. Nougat is a chewy confection with almond, sugar, and egg white as a basic ingredient; and it originated in Europe and Middle East countries.
- Cereals Bars - A snack composed of breakfast cereal that has been compressed into a bar shape and is held together with a form of edible adhesive. The scope includes snack bars made with cereals such as rice, oats, corn, etc. mixed with a binding syrup. These also include products labeled as cereal bars, cereal treat bars, or grain bars.
- Chewing Gum - This is a preparation for chewing, usually made of flavored and sweetened chicle or such substitutes as polyvinyl acetate. The types of chewing gums included in the scope are sugar-chewing gums and sugar-free chewing gums
| Keyword | Definition |
|---|---|
| Dark Chocolate | Dark chocolate is a form of chocolate containing cocoa solids and cocoa butter without the milk. |
| White Chocolate | White chocolate is the type of chocolate containing the highest percentage of milk solids, typically around or over 30 percent. |
| Milk Chocolate | Milk chocolate is made from dark chocolate that has a low cocoa solid content and higher sugar content, plus a milk product. |
| Hard Candy | A candy made of sugar and corn syrup boiled without crystallizing. |
| Toffees | A hard, chewy, often brown sweet that is made from sugar boiled with butter. |
| Nougats | A chewy or brittle candy containing almonds or other nuts and sometimes fruit. |
| Cereal bar | A cereal bar is a bar-shaped food product, made by pressing cereals and usually dried fruit or berries, which are in most cases held together by glucose syrup. |
| Protein bar | Protein bars are nutrition bars that contain a high proportion of protein to carbohydrates/fats. |
| Fruit & Nut bar | These are often based on dates with other dried fruit and nut additions and, in some cases, flavorings. |
| NCA | The National Confectioners Association is an American trade organization that promotes chocolate, candy, gum and mints, and the companies that make these treats. |
| CGMP | Current good manufacturing practices are those conforming to the guidelines recommended by relevant agencies. |
| Unstandardized foods | Unstandardized foods are those that do not have a standard of identity or that deviate from a prescribed standard in any manner. |
| GI | The glycemic index (GI) is a way of ranking carbohydrate-containing foods based on how slowly or quickly they are digested and increase blood glucose levels over a period of time |
| Skimmed milk powder | Skimmed milk powder is obtained by removing water from pasteurized skim milk by spray-drying. |
| Flavanols | Flavanols are a group of compounds found in cocoa, tea, apples, and many other plant-based foods and beverages. |
| WPC | Whey protein concentrate- the substance obtained by the removal of sufficient nonprotein constituents from pasteurized whey so that the finished dry product contains greater than 25% protein. |
| LDL | Low density Lipoprotein- the bad cholesterol |
| HDL | High density Lipoprotein- the good cholesterol |
| BHT | butylated Hydroxytoluene is a lab-made chemical that is added to foods as a preservative. |
| Carrageenan | Carrageenan is an additive used to thicken, emulsify, and preserve foods and drinks. |
| Free form | Not containing certain ingredients, such as gluten, dairy, or sugar. |
| Cocoa butter | It is a fatty substance obtained from cocoa beans, used in the manufacture of confectionery. |
| Pastellies | A type of of Brazilian candy made from sugar, eggs, and milk. |
| Draggees | Small, round candies that are coated with a hard sugar shell |
| CHOPRABISCO | Royal Belgian Association of the chocolate, pralines, biscuit, and confectionery industry- A trade association that represents the Belgian chocolate industry. |
| European Directive 2000/13 | A European Union directive that regulates the labeling of food products |
| Kakao-Verordnung | The German chocolate ordinance, a set of regulations that define what can be labeled as "chocolate" in Germany. |
| FASFC | Federal Agency for the Safety of the Food Chain |
| Pectin | A natural substance that is derived from fruits and vegetables. It is used in confectionery to create a gel-like texture. |
| Invert sugars | A type of sugar that is made up of glucose and fructose. |
| Emulsifier | A substance that helps to mix to liquids that does not mix together. |
| Anthocyanins | A type of flavonoid that is responsible for the red, purple, and blue colors of confectionery. |
| Functional Foods | Foods that have been modified to provide additional health benefits beyond basic nutrition. |
| Kosher certificate | This certification verifies that the ingredients, production process including all machinery, and/or food-service process complies with the standards of Jewish dietary law |
| Chicory root extract | A natural extract from the chicory root that is a good source of fiber, calcium, phosphorous, and folate |
| RDD | Recommended daily dose |
| Gummies | A chewy gelatin-based candy that is often flavored with fruit. |
| Nutraceuticals | Food or dietary supplements that are claimed to have health benefits. |
| Energy bars | Snack bars that are high in carbohydrates and calories are designed to provide energy on the go. |
| BFSO | Belgian Food Safety Organization for the food chain. |
Research Methodology
Mordor Intelligence follows a four-step methodology in all our reports.
- Step-1: Identify Key Variables: In order to build a robust forecasting methodology, the variables and factors identified in Step 1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set, and the model is built on the basis of these variables.
- Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal terms. Inflation is not a part of the pricing, and the average selling price (ASP) is kept constant throughout the forecast period for each country.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables, and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms