Incorporated, Snickers has annual global sales of $2 billion. Hot chocolate (Pixabay) International sales for exported hot chocolate by country totaled US$2.3 billion during 2019 specifically for unsweetened cocoa powder (or 84.9% of the total) plus another $416.1 million for sweetened cocoa powder (or 15.1% of the total). It was named after the Mars family’s favorite horse when it was introduced in 1942. Chocolate demand Global sales from chocolate exports by country totaled US$29.2 billion in 2019. Easter in the US has traditionally made a significant impact on chocolate sales, and this held true in the past couple of years. The global chocolate market size was valued at USD 130.56 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 4.6% from 2020 to 2027. The overall value of chocolate exports rose by an average 13.9% for all exporting countries since 2015 when chocolate shipments were valued at $25.6 billion. The report on the global chocolate market is segmented based on type of chocolate, sales category, and geography. Purchase the Chocolate Confectionery in Norway country report as part of our chocolate confectionery market research for August 2019. Chocolate is the world’s favorite confectionery. Reese Candy Company in 1923. And in Indonesia chocolate sales are expected to leap 25 percent to $1.1 billion - ballooning to nearly $2 billion by 2015. Incorporated, Snickers has annual global sales of $2 billion. Some of the major drivers of the industry identified in this report are health benefits, large variety of applications, and seasonal & festive sales. A paid subscription is required for full access. Accessed December 03, 2020. https://www.statista.com/statistics/569637/global-retail-sales-chocolate-confectionery-by-country/, ICCO. The research firm noted the market reached $17.6 billion in 2016, up $819 million — or 5 percent — from 2015. More than 50% of the chocolate bars purchased in Israel and Iran are dark chocolate, while in Lithuania there was a 10.3% rise in sales in 2014-15. This year, chocolate sales in China are expected to rise 19 percent to $1.2 billion. In 2016 alone, the chocolate industry posted posted global retail sales of $98 billion. Dollars). The candy brand earns approximately half of the country’s total chocolate and biscuit sales each year. Callebaut Chocolate Sponge A classic, deliciously moist and perfectly trimmed dark chocolate sponge cake. While the credit crisis has slowed down sales of everything from cars to organic groceries, people seem happy to keep shelling out for chocolate. While it might seem like we’ve reached peak consumption for a product that’s been enjoyed for at least three millennia, there’s projections for further growth on the horizon thanks to developing markets. Brits consumed the most chocolate of any country in 2017. This feature is limited to our corporate solutions. The report on the global chocolate market is segmented based on type of chocolate, sales category, and geography. Country Top Brands Image 2012 Annual Sales (In millions USD) Description United States Reese's Peanut Butter Cups: 2,603: Reese's Peanut Butter Cups are the No. Innovation in products and packaging, impulse purchasing, and increased chocolate consumption are driving the market. The country and its chocolate have also been caught in the conflict between Russia and Ukraine, with various pressures to ban purchases and sales across borders. Lessons learned by leading chocolate companies can help firms succeed in the China market. 1 selling candy brand in the United States, consisting of white fudge, milk, or dark chocolate cups filled with peanut butter.They were invented by H.B. CHOCOLATE maker Thorntons has revealed a drop in profits after sales were hit by December's snowy weather as it said trading at its stores in 2011 has been weak. There is a report on top 10 countries that eat the most chocolate every single year, but writing an article about which countries consume the most chocolate in … About 17% of production takes place in the Americas (primarily South America) and 9% from Asia and Oceania.And increasing production takes time! The report ‘Global Chocolate, Cocoa Beans, Lecithin, Sugar and Vanilla Market By Market Share, Trade, Prices, Geography Trend and Forecast (2011-2016)’ analyzes the chocolate market by products, sales category, and geography and studies the major market drivers, restraints, and opportunities for the chocolate market in North America, Europe, and Asia. Explore our chocolate from around the world with our option to shop by chocolate makers’ country, cocoa bean origin, as well as exploring the world of chocolate with our interactive world map. It covers the sales volume, price, revenue, gross margin, historical growth and future perspectives in the Cocoa & Chocolate market. 8: … and over 1 Mio. The Swiss are eating slightly more chocolate than they were two years ago, which is in line with most countries in Western Europe, such as the UK, Ireland and Belgium. Figures from the research organization show the 10 fastest growing markets in the world by chocolate confectionery value sales from 2010 to 2015. "Retail sales of chocolate confectionery worldwide in 2015, by country (in million U.S. 1 selling candy brand in the United States, consisting of white fudge, milk, or dark chocolate cups filled with peanut butter.They were invented by H.B. Send your request More countries. Australia chocolate market stood at $ 2.9 billion in 2017 and is projected to surpass $ 4.3 billion by 2023, on the back of growing chocolate consumption and rising demand for niche product categories such as organic chocolate products. 0 comments. 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