Market Forecast By Product Types(Milk Chocolate, White Chocolate, Dark Chocolate), By Distribution Channels(Supermarkets/ Hypermarkets, Grocery/ Mom n Pop Stores, Convenience Stores, Online Channel, Others(Specialized Retailers, Pharmacy, etc.)), By Chocolate Types(Countlines & Straight lines, Molded or Bar Chocolates, Choco-panned & Sugar panned, Others (Box chocolates, novelties, etc.))and Competitive Landscape
Product Code: ETC001765 | Publication Date: Sep 2021 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 8 | No. of Tables: 2 |
Canada Chocolate Market has seen the latest developments which include the introduction of custom-made premium chocolates. These mailable (both domestic and international) postcard bars are handcrafted in the studio, wrapped in airtight foil, then put in paper packaging that allows the sender to write a personal note. Many premium chocolate developers discovered that paper packaging is cheaper than traditional specialty packaging, such as foil wrapping. These savings allow them to increase the variety of colorful packaging and enhance the line's visual appeal. These premium varieties of chocolates have gained popularity as gift items as well as snack eaten on special occasions. Furthermore, dark chocolate has also become famous as it contains large amounts of antioxidants, which are believed to prevent certain types of diseases like cardiac arrests.
In June 2021, Barry Callebaut agreed to acquire the Europe Chocolate Company (ECC), a Belgian B2B manufacturer of specialty chocolate ingredients.
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Canada chocolate market is expected to witness stagnant growth over the coming years due to the stagnation of the chocolate market in the country. The rising cost of raw materials especially sugar is making chocolate an expensive product in Canada. Moreover, growing awareness among people regarding health concerns makes the consumers track the items they eat and hence try cutting down their calorie intake.
According to 6Wresearch, the Canada Chocolate Market size is projected to grow at a CAGR of 4.2% during 2019–2025. The chocolate market has been seen to increase even at the time of sluggish growth of Canadian economy as people have started considering chocolate as an essential commodity to satisfy their craving for indulgence. Additionally, the introduction of international brands, availability of a variety of flavors, and expanding online chocolate distribution are the key factors catalyzing the growth of the chocolate market in Canada. Moreover, a higher young population and booming retail sector would also augment the growth of the chocolate market in Canada during the forecast period.
Milk Chocolate is the dominant chocolate type among consumers due to its authentic sweet, milky and creamy texture. Gradually people are shifting towards premium dark chocolate with rich cocoa content accruing to the health benefits associated with it while satisfying the craving for chocolate. Further, with the growing trend of offering chocolates as gifts, expensive chocolates are expected to witness huge acceptance over the coming years in Canada.
The Canada chocolate market report comprehensively covers the market by product types, distribution channels, and chocolate types. The Canada chocolate market outlook report provides an unbiased and detailed analysis of the Canada chocolate market trends, Canada chocolate market share, opportunities, high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Canada chocolate market report provides a detailed analysis of the following market segments:
TABLE OF CONTENTS |
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. Canada Chocolate Market Overview |
3.1 Canada Country Indicators |
3.2 Canada Chocolate Market Revenues, 2015-2025F |
3.3 Canada Chocolate Market Revenue Share, By Product Types, 2018 & 2025F |
3.4 Canada Chocolate Market Revenue Share, By Distribution Channels, 2018 & 2025F |
3.5 Canada Chocolate Market Revenue Share, By Chocolate Types, 2018 & 2025F |
3.6 Canada Chocolate Market-Industrial Life Cycle |
3.7 Canada Chocolate Market-Porter’s Five Force Model |
4. Canada Chocolate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Canada Chocolate Market Trends |
6. Canada Chocolate Market Overview, By Product Types |
6.1 Canada Milk Chocolate Market Revenues, 2015-2025F |
6.2 Canada White Chocolate Market Revenues, 2015-2025F |
6.3 Canada Dark Chocolate Market Revenues, 2015-2025F |
7. Canada Chocolate Market Overview, By Distribution Channels |
7.1 Canada Chocolate Market Revenues, By Supermarkets/ Hypermarkets, 2015-2025F |
7.2 Canada Chocolate Market Revenues, By Grocery/ Mom n Pop Stores, 2015-2025F |
7.3 Canada Chocolate Market Revenues, By Convenience Stores, 2015-2025F |
7.4 Canada Chocolate Market Revenues, By Online Channel, 2015-2025F |
7.5 Canada Chocolate Market Revenues, By Other Distribution Channels, 2015-2025F |
8. Canada Chocolate Market Overview, By Chocolate Types |
8.1 Canada Chocolate Market Revenues, By Countlines & Straight-lines, 2015-2025F |
8.2 Canada Chocolate Market Revenues, By Moulded or Bar, 2015-2025F |
8.3 Canada Chocolate Market Revenues, By Choco-Panned & Sugar Panned, 2015-2025F |
8.4 Canada Chocolate Market Revenues, By Other Chocolate Types, 2015-2025F |
9. Canada Chocolate Market – Key Performance Indicators |
10. Canada Chocolate Market – Opportunity Assessment |
10.1 Canada Chocolate Market Opportunity Assessment, By Distribution Channels, 2025F |
10.2 Canada Chocolate Market Opportunity Assessment, By Chocolate Types, 2025F |
10.3 Canada Chocolate Market Opportunity Assessment, By Product Types, 2025F |
11. Canada Chocolate Market Competitive Landscape |
11.1 Canada Chocolate Market Competitive landscape, By Technical and Operating Parameters |
11.2 Canada Chocolate Market Revenue Share, By Company, 2018 |
12. Company Profiles |
12.1 Mondelez International, Inc. |
12.2 Mars, Incorporated |
12.3 Nestle Corporate |
12.4 Ferrero Group Corporate |
12.5 The Hershey Company |
12.6 Chocoladefabriken Lindt & Sprüngli |
12.7 Ghirardelli Chocolate Co. |
12.8 Yildiz Holding |
12.9 Groupo Arcor |
12.10 Rittersport Company |
13. Key Strategic Recommendations |
14. Disclaimer |
LIST OF FIGURES |
Figure 1. Canada Chocolate Market Revenues, 2015-2025F ($ Million) |
Figure 2. Canada Chocolate Market Revenue Share, By Product Types, 2018 & 2025F |
Figure 3. Canada Chocolate Market Revenue Share, By Distribution Channels, 2018 & 2025F |
Figure 4. Canada Chocolate Market Revenues, By Distribution Channels, 2015-2025F ($ Million) |
Figure 5. Canada Chocolate Market Revenue Share, By Chocolate Types, 2018 & 2025F |
Figure 6. Canada Chocolate Market Opportunity Assessment, By Distribution Channels, 2025F |
Figure 7. Canada Chocolate Market Opportunity Assessment, By Chocolate Types, 2025F |
Figure 8. Canada Chocolate Market Opportunity Assessment, By Product Types, 2025F |
LIST OF TABLES |
Table 1. Canada Chocolate Market Revenues, By Product Types, 2015-2025F ($ Million) |
Table 2. Canada Chocolate Market Revenues, By Chocolate Types, 2015-2025F ($ Million) |