1. Ezaki Glico Co., Limited
2. Lindt & Sprungli Group
3. Lotte Confectionery Co., Limited
4. Mars Incorporated
5. Meiji Holdings Co., Limited
North America is known for its huge production of Dark chocolate, also known as black chocolate, is a type of chocolate which contains higher amount of cocoa compared to milk solids. It is also an excellent source of nutrition owing to which it has been named as a potential superfood. Additionally, the health benefits associated with the consumption of dark chocolate with new and different flavours and healthy ingredients, has been increasing the demand for chocolates in North America. Diseases like human aging, heart diseases can be controlled by the consumption of dark chocolate.
The report by Actual Market Research of “North America Chocolate Market Outlook, 2026” shows a detailed overview into the Chocolate industry globally. The chocolate market of North America is expected to cross the market size of USD 39 Billion by the forecasted period of 2026 and United States is at the top in revenue generating with the highest market capture. Here branding and packaging are playing a vital role in targeting the consumers. United States exported approximately 144 million kg of chocolates to Canada. In North American regions, Pennsylvania produces the highest chocolates during the annual holidays like Easter, Christmas, Halloween, and Valentine’s Day, rather than the other days, there is a slit rise in the market of chocolates. And that’s how the impulse purchasing and rising interest in premium and seasonal chocolates are some of the important factors that are driving the North American chocolate market in factors of sales growth.
Today the arrival of new flavours, textures, tastes, or even the traditional sweets are also being replaced by chocolates. Because of the chocolate industries bring out more new flavours of chocolates, by indulging them with different flavoured elements like nuts, flowers and fruits. The North American regions, which are viewed as the second most prominent market for the chocolate industry is highly supported by the economies of the United States, Canada, and Mexico, with most sales coming from the US with the top chocolate brands like Hershey's, Mars, Lindt, and Nestle.
The spread of the COVID-19 pandemic has led to lockdowns in North America and many other international markets. The mainstream chocolate consumption is stable, but the craft chocolate segments are facing difficulties. In the cocoa-producing countries, lockdowns have put a hold on the supply chains. During pandemic the lockdown time most of the chocolate markets were shut down and because of the same the markets started losing consumers. The market was also impacted because of consumers were more conscious about their health and most of the time consumed vegetables and other healthy stuffs.
Major Companies present in the Chocolate market are:
1. Ferrero SPA
2. Group Arcor
3. Theo Chocolate
4. Kellogg Company
5. Cacau show
6. La Maison du Chocolate
7. Ezaki Glico Co
8. Meiji Holdings Co. Ltd
9. Lindt and Sprüngli AG
10. Mars Incorporated
11. Mondelez International
12. Morinaga & Co. Ltd
13. Hershey Company
14. Nestle S.A
17. August Storck KG
18. Barry Callebaut
19. Godiva choclatier
20. Stella Bernrain
21. Blommer Chocolates Company
22. Confiserie Leonidas
23. Mary’s Chocolate
24. Lotte Confectionery
25. United Confectionery manufacturers
26. Cemoi Group
27. France Neuhaus
28. Brookside Chocolates
Considered in this report
• Geography: Global
• Base year: 2020
• Estimated year: 2021
• Forecast year: 2026
Aspects covered in this report
• Global chocolate market with its value and forecast along with its segments
• Region-wise chocolate market analysis
• Various divers and challenges
• Ongoing trends and developments
• Five force models
• Top profiled companies
• Strategic recommendation
Regions covered in the report
• United States
Types of chocolates in the report
• Milk chocolate
• Dark chocolate
• White chocolate
The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to chocolate industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
Keywords: Global, North America, South, America, Europe, Middle East, Africa, Asia, Asia-Pacific, India, Japan, USA, Canada, Mexico, UK, Italy, France, Chocolate, Milk , Dark, White, Retailing, Organic, Natural, Everyday, Seasonal, Premium, Gourmet
This report would help you answer the following questions:
1. What is the market size and forecast of the North America Chocolate Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the North America Chocolate Market during the forecast period?
3. Which region outstands in the North America Chocolate Market?
4. Which are the segments to invest in over the forecast period in the North America Chocolate Market?
5. What is the competitive strategic window for opportunities in the North America Chocolate Market?
6. What are the technology trends and regulatory frameworks in the North America Chocolate Market?
7. What are the major companies in the North America Chocolate Market?