Market Forecast By Product Type (Dark Chocolate, Milk Chocolate, White Chocolate), By Chocolate Type (Count Lines & Straight Lines, Molded or Bar Chocolates, Choco-Panned & Sugar Panned and Others including Box Chocolates and Novelties), By Distribution Channels (Supermarket and Hypermarkets, Convenience Stores, Online Channels, Grocery/ Mom n Pop Stores and Others including Specialized Retailers, Pharmacy, etc), By Regions (Brazil, Mexico and Rest of Latin America) and Competitive Landscape
Product Code: ETC001358 | Publication Date: Sep 2021 | Updated Date: Jun 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 11 | No. of Tables: 6 | |
Latin America Chocolate Market is witnessing innovation as manufacturers are adding new ingredients. Organic ingredients are considered more natural and healthier, therefore demand for organic cocoa and chocolate ingredients continues to grow. Manufacturers are cutting down the usage of chemical additives like Cargill and have gone a step ahead and removed lecithin from their cocoa and chocolate offerings.
Latin America chocolate market is expected to grow in the near future owing to rising investment by companies in product packaging. Further, increasing demand for premium and healthy chocolates such as dark and sugar-free chocolates would fuel the market growth over the coming years. Additionally, a growing population coupled with impulsive purchasing would be some of the major factors responsible for the growth of the chocolate market during the forecast period.
According to 6Wresearch, the Latin America chocolate market size is projected to grow at a CAGR of 3.8% during 2019–2025. Based on products, moulded chocolates are expected to capture the majority of the market revenues during the forecast period owing to the growing demand for a custom and premium range of chocolates. Moreover, increasing demand for organic chocolates by consumers is expected to result in high growth of revenues during the forecast period. Furthermore, the easy availability of the products in supermarkets, convenience stores, and online retail would positively influence the demand for chocolates in the region.
The Latin America chocolate market report comprehensively covers the market by product type, distribution channels, chocolate type, and key countries including Brazil and Mexico. The Latin America chocolate market outlook report provides an unbiased and detailed analysis of the Latin America chocolate market trends, Latin America chocolate market share, opportunities, high growth areas, and market drivers which would help the stakeholders device and align their market strategies according to the current and future market dynamics.
The Latin America chocolate market is expected to witness a proliferation in the coming timeframe on the back of an increase in the changing tastes and preferences of the population in the Latin American region. Countries such as Mexico and Brazil witness a lot of sports tourism each year and this is leading to increased sales of chocolates as a light-time snack. Chocolate’s presence has been undisputed around the world and has witnessed an increased adoption since its evolution, not only liked by children but also by adults, chocolate has gained much popularity and is anticipated to witness a proliferation in the coming timeframe and benefit the makers of the same to register strong growth patterns with increased participation in manufacturing and gaining a significant position in the market landscape of Latin America chocolate market.
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The Latin America chocolate market report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Report Description |
2.2 Key Highlights of The Report |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Latin America Chocolate Market Overview |
3.1 Latin America Country Indicators |
3.2 Latin America Chocolate Market Revenues, 2015-2025F |
3.3 Latin America Chocolate Market Revenue Share, By Product Type, 2015-2025F |
3.4 Latin America Chocolate Market Revenue Share, By Distribution Channel, 2015-2025F |
3.5 Latin America Chocolate Market Revenue Share, By Chocolate Type, 2015-2025F |
3.6 Latin America Chocolate Market Revenue Share, By Countries, 2018 & 2025F |
3.7 Latin America Chocolate Market Industrial Life Cycle |
3.8 Latin America Chocolate Market Porter’s Five Force Model |
4 Latin America Chocolate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latin America Chocolate Market Trends |
6 Brazil Chocolate Market Overview |
6.1 Brazil Chocolate Market Revenues, 2015-2025F |
6.2 Brazil Chocolate Market Revenue Share, By Product Type, 2015-2025F |
6.2.1 Brazil Milk Chocolate Market Revenues, 2015-2025F |
6.2.2 Brazil White Chocolate Market Revenues, 2015-2025F |
6.2.3 Brazil Dark Chocolate Market Revenues, 2015-2025F |
6.3 Brazil Chocolate Market Revenue Share, By Distribution Channel, 2015-2025F |
6.3.1 Brazil Chocolate Market Revenues, By Supermarkets/ Hypermarkets, 2015-2025F |
6.3.2 Brazil Chocolate Market Revenues, By Grocery/ Mom n Pop Stores, 2015-2025F |
6.3.3 Brazil Chocolate Market Revenues, By Convenience Stores, 2015-2025F |
6.3.4 Brazil Chocolate Market Revenues, By Online Channel, 2015-2025F |
6.3.5 Brazil Chocolate Market Revenues, By Other Distribution Channel, 2015-2025F |
6.4 Brazil Chocolate Market Revenue Share, By Chocolate Type, 2015-2025F |
6.4.1 Brazil Chocolate Market Revenues, By Countlines & Straight-lines, 2015-2025F |
6.4.2 Brazil Chocolate Market Revenues, By Moulded or Bar, 2015-2025F |
6.4.3 Brazil Chocolate Market Revenues, By Box Chocolates and Novelties, 2015-2025F |
6.4.4 Brazil Chocolate Market Revenues, By Other Chocolate Type, 2015-2025F |
7 Mexico Chocolate Market Overview |
7.1 Mexico Chocolate Market Revenues, 2015-2025F |
7.2 Mexico Chocolate Market Revenue Share, By Product Type, 2015-2025F |
7.2.1 Mexico Milk Chocolate Market Revenues, 2015-2025F |
7.2.2 Mexico White Chocolate Market Revenues, 2015-2025F |
7.2.3 Mexico Dark Chocolate Market Revenues, 2015-2025F |
7.3 Mexico Chocolate Market Revenue Share, By Distribution Channel, 2015-2025F |
7.3.1 Mexico Chocolate Market Revenues, By Supermarkets/ Hypermarkets, 2015-2025F |
7.3.2 Mexico Chocolate Market Revenues, By Grocery/ Mom n Pop Stores, 2015-2025F |
7.3.3 Mexico Chocolate Market Revenues, By Convenience Stores, 2015-2025F |
7.3.4 Mexico Chocolate Market Revenues, By Online Channel, 2015-2025F |
7.3.5 Mexico Chocolate Market Revenues, By Other Distribution Channel, 2015-2025F |
7.4 Mexico Chocolate Market Revenue Share, By Chocolate Type, 2015-2025F |
7.4.1 Mexico Chocolate Market Revenues, By Countlines & Straight-lines, 2015-2025F |
7.4.2 Mexico Chocolate Market Revenues, By Moulded or Bar, 2015-2025F |
7.4.3 Mexico Chocolate Market Revenues, By Choco-Panned & Sugar Panned, 2015-2025F |
7.4.4 Mexico Chocolate Market Revenues, By Other Chocolate Type, 2015-2025F |
8 Rest of Latin America Chocolate Market Overview |
8.1 Rest of Latin America Chocolate Market Revenues, 2015-2025F |
9 Latin America Chocolate Market – Key Performance Indicators |
10 Latin America Chocolate Market – Opportunity Assessment |
10.1 Latin America Chocolate Market Opportunity Assessment, By Countries |
11 Latin America Chocolate Market Competitive Landscape |
11.1 Latin America Chocolate Market Revenue Share, By Company |
11.1.1 Brazil Chocolate Market Revenue Share, By Companies, 2018 |
11.1.2 Mexico Chocolate Market Revenue Share, By Companies, 2018 |
11.1.3 UAE Chocolate Market Revenue Share, By Companies, 2018 |
11.2 Latin America Chocolate Market Competitive Benchmarking, By Operating & Technical Parameters |
12 Company Profiles |
13 Key Strategic Recommendations |
14 Disclaimer |
LIST OF FIGURES |
Figure 1. Latin America Chocolate Market Revenues, 2015-2025F ($ Billion) |
Figure 2. Latin America Chocolate Market Revenue Share, By Countries, 2018 |
Figure 3. Brazil Chocolate Market Revenues, 2015-2025F ($ Million) |
Figure 4. Brazil Chocolate Market Revenue Share, By Product Type, 2018 & 2025F |
Figure 5. Brazil Chocolate Market Revenue Share, By Distribution Channel, 2018 & 2025F |
Figure 6. Brazil Chocolate Market Revenue Share, By Chocolate Type, 2018 & 2025F |
Figure 7. Mexico Chocolate Market Revenues, 2015-2025F ($ Million) |
Figure 8. Mexico Chocolate Market Revenue Share, By Product Type, 2018 & 2025F |
Figure 9. Mexico Chocolate Market Revenue Share, By Distribution Channel, 2018 & 2025F |
Figure 10. Mexico Chocolate Market Revenue Share, By Chocolate Type, 2018 & 2025F |
Figure 11. Latin America Market Opportunity Assessment, By Countries, 2025F |
LIST OF TABLES |
Table 1. Brazil Chocolate Market Revenues, By Product Type, 2015-2025F ($ Million) |
Table 2. Brazil Chocolate Market Revenues, By Distribution Channel, 2015-2025F ($ Million) |
Table 3. Brazil Chocolate Market Revenues, By Chocolate Type, 2015-2025F ($ Million) |
Table 4. Mexico Chocolate Market Revenues, By Product Type, 2015-2025F ($ Million) |
Table 5. Mexico Chocolate Market Revenues, By Distribution Channel, 2015-2025F ($ Million) |
Table 6. Mexico Chocolate Market Revenues, By Chocolate Type, 2015-2025F ($ Million) |