uk chocolate confectionery industry report 2020

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Highlighting how the provenance affects the products' taste, taking cues from the wine category, should help to strengthen quality associations, (Mintel: UK Chocolate Confectionery). Global Chocolate Market Overview 2020. Exponentially growing acceptance of veganism over the world has been fueling the growth of the market The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business . Global market size (sales, revenue) forecast by regions and countries from 2020 to 2026 of Chocolate Candy Bars industry. Within the UK adults are the primary consumers eating £3.5 billion a year compared to children who consume £390 million a year, with the over 55's the highest consumers of all adults (Scott-Thomas, 2009) Twenty-one per cent of the total chocolate and confectionery sold in Britain is consumed by people above the age of 55, who spend on . Notwithstanding, this . The global Chocolate Confectionery market was valued at 10721.88 Million USD in 2020 and will grow with a CAGR of 2.03% from 2020 to 2027, based on HNY Research newly published report. Chocolate confectionery market is driven by the increase demand for organic, vegan, functional, and gluten- free confectioneries. Base year. The global confectionery market reached a value of about USD 204 billion in 2020. The brand grew sales by 2.8% in the past year as it continued to build on an exceptional 2020, during which it shifted an extra 71.7 million packs. Vegan Chocolate Confectionery Market: Distribution Channel Estimates & Trend Analysis . The global chocolate market attained a value of USD 106.6 billion in 2021, driven by the impulse purchasing behaviour of the consumers. Page number. The U.S. Commerce Department has divided candy into two . The . The market is estimated to grow from USD 27.09 billion in 2021 to . Industry market research reports, statistics, analysis, data, trends and forecasts. In 2021, many consumers in the UK demand chocolate, confectionery and desserts to be available online, as at-home habits continue. Figures from market analyst Nielsen show the chocolate confectionery category in the UK was worth £3bn last year and almost one-third of that total . United Kingdom: Confectionery and chocolate export volume 2003-2020. Details. The Chocolate Confectionery Market value in the Packaged Foods & Meats Industry is set to grow by USD 30.28 million, progressing at a CAGR of 4.71% from 2020 to 2025, as per the latest report by Technavio. Forecast period. This market covers wrapped countlines, tablets, individually wrapped, non- individually wrapped, seasonal and other chocolate confectionery. The global chocolate confectionery market size was valued at USD 114.33 billion in 2019 and is projected to reach USD 136.42 billion by 2027, exhibiting a CAGR of 2.3% during the forecast period. 5th January 2022 Confectionery. China Chocolate-flavored Candy Market Size: 2021 VS 2027 (US$, Mn) Figure 6. The heightened spotlight on health will dial up the pressure from the existing sugar reduction targets. Protein bar brand Grenade has added a Peanut Butter & Jelly flavour to its portfolio. 2020. 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. Confectionery and chocolate import value in the United Kingdom 2003-2020. . In 2020, approximately 676 million British pounds worth of confectionery and chocolate were exported from the UK to partners within the European Community. A new report into the UK's convenience retail market by HIM & MCA as revealed the sector is expected to grow 8% in 2020, to £44.7bn ($55.8bn) - up from 2.6% growth in 2019. IBISWorld (US & Canada) Chocolate Stores in the US, (Oct 2021). Mintel's Future Of reports provide global coverage of the latest innovation across different markets, plus a look ahead at the next 2 years and 5 years. Industry Reports. IBISWorld's statistic shows that as of 2022 the market size of the Chocolate & Confectionery Production industry is £3.7bn an increase of 6.11% from 2021. It is also evolving by the varied eating preferences for innovative chocolate products. The market is estimated to grow from USD 27.09 billion in 2021 to . This market is primarily driven by evolving preferences for novel and innovative confectionery products. The Top 3 and 5 Players Market Share by Chocolate-flavored Candy Revenue in 2020. Proportion of shoppers impulse purchasing confectionery has increased 23% during lockdown snacking trend. Awareness ranking of chocolate brands and nougat products Germany 2020. Chocolate-flavored Candy Sales in China Market: 2016-2027 (MT) Figure 8. Offline . The industry is further expected to grow at a CAGR of about 4% in the forecast period of 2022-2027 to reach a value of around USD 255 billion by 2026. Top Chocolate Trends for 2021 The world changed in 2020, and now chocolate makers around the world must innovate to meet accelerating consumer needs in confectionery and snacking.These include increased attention to emotional well-being, healthier lifestyles, provenance, craftsmanship, sustainability, and the explosion of at-home occasions. Meanwhile, Cadbury Darkmilk, launched in 2018, has doubled its value to £23.6m. The global cocoa and chocolate market size was valued at USD 44.35 billion in 2019 and is projected to reach USD 61.34 billion by 2027, exhibiting a CAGR of 4.4% during the forecast period. The report offers assessment and analysis of the Vegan Chocolate Confectionery market on a global and regional level. Industry Insights. The primary factor driving the market for compound chocolates in the country is the rising consumer expenditure on indulgent confectionery products, especially chocolate confectioneries. The report highlights increased volume and sales during the . Mintel's market research reports provide a comprehensive overview of the chocolate confectionery industry, including information on the chocolate confectionery market size in your country, market share for leading companies and an overview of the latest trends, innovation and chocolate confectionery statistics. China Chocolate-flavored Candy Revenue, 2016-2027 (US$, Mn) Figure 7. [164+ Pages Report] According to Facts and Factors, the global chocolate confectionery market was registered at USD 135.8 Billion in the year 2020 and is anticipated to reach a valuation of USD 161.1 Billion by the end of 2026, with a CAGR of around 3.0% between 2021 and 2026. The 1000 ton increase for its refining operations includes a £1 million injection . Value: £652.3m (+2.8%) Cadbury Dairy Milk continues to dominate sales in the chocolate fixture. The UK's top 10 most popular chocolate brands 2021. Accelerate at a CAGR of 4.71% Chocolate Confectionery in UK by Mintel Market Sizes provides you with annual year-end market size data, most recently updated in 2020. 66% of UK adults admit to . 7.1. The origin of cocoa is becoming an important . Twitter A chocolate product that states on-pack where the cocoa was sourced is seen as better quality by 42% of eaters/buyers. The Chocolate Confectionery Market value in the Packaged Foods & Meats Industry is set to grow by USD 30.28 million, progressing at a CAGR of 4.71% from 2020 to 2025, as per the latest report by Technavio.This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. Candy is normally defined as a sweet created from sugar and normally mixed together with other ingredients, like dairy products, chocolate, fruit, or nuts. The greatest growth was in premium products, which expanded 11%, and in dark chocolate products, which grew 8%. Confectionery in New Zealand. 4. The market is showcasing progressive growth owing to the robust growth trajectory of the global chocolate confectionery industry. 1. Market Report Description. The term "candy" comes from an Arabic word, qandi, meaning "made of sugar". Western Europe was the second largest region accounting for 22% of the global market. The Global Chocolate Market size is expected to reach $171.6 billion by 2026, rising at a market growth of 5.3% CAGR during the forecast period. Sugar has long been one of the most essential commodities in the modern economy, it is also the basic raw material supporting the global sugar confectionery industry. Figure 18: Leading brands' sales and share in the UK chocolate confectionery market, by value and volume, 2018/ 19-2020/21 •Mars brands struggle to regain lost ground in 2021 •Lindor bucks the negative trend in chocolate assortments in 2020-21 Figure 19: Leading brands' sales and share in the UK Confections refer to food items that are rich in sugar and carbohydrates. Indian Chocolate Industry 2021‑2024 . The hard-boiled sweets dominated the global sugar confectionery industry in 2020, owing to high popularity among kids and increasing demand from emerging economies. UK-based Plamil vegan confectionery business has made a key investment in its Kent-based facilities to enabling a doubling of its production volumes, as it continues to grow its global presence, reports Neill Barston. Aided by the new product launches, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 5.5%. What is the market size of the Chocolate & Confectionery Production industry in the UK? The global snack food market incorporates salty snacks, confectionery, baked snacks and frozen snacks alike. 120. Dark chocolate may be considered confectionery with health and nutritional . Confectionery Ingredients Market size is estimated to reach $94.6 billion by 2027, growing at a CAGR of 5.8% during the forecast period 2022-2027. Pune, India, Dec. 20, 2021 (GLOBE NEWSWIRE) -- The global real and compound chocolate market size was USD 25.38 billion in 2020. Top five factors impacting the snacking industry in 2020. Protein bar brand Grenade has added a Peanut Butter & Jelly flavour to its portfolio. Global chocolate confectionery market is expected to reach at a rate of 3.63% in the forecast period of 2020 to 2027. Chocolate confectionery retail sales continued to record positive growth in 2020, albeit only just in volume terms, although the increases in both value and volume terms were down on a year earlier, as COVID-19 affected shopping and eating patterns.…. "Coping with holidays has been a real challenge for the chocolate industry. Cadbury gears up for Easter with new launches. Cadbury gears up for Easter with new launches. Chocolate Confectionery Market Scope. By Liz Wells in Category Management 9th August 2020. Favorite snack brands of young people in the United Kingdom (UK) 2014 U.S. candy and snacks: e-commerce sales share 2014, by category Quarterly retail sales of fresh fruit and vegetables in Canada 2014-2020 And, in a worrying development for the UK confectionery industry, sugar levels in chocolate and sweets are relatively unchanged, while product sales have increased, growing 16% and 7% respectively between 2015 and 2019, which has led to a substantial increase in the volume of sugar in the category, said the government body. Global Sugar Confectionery Industry Overview. Global Chocolate Market Report 2020: Market to Reach US$182.090 Billion by 2025, Increasing from US$137.599 Billion in 2019 - ResearchAndMarkets.com December 07, 2020 06:58 AM Eastern Standard Time 2020 Easter sales declined as that holiday was the first to be celebrated in lockdown. Industry insights and forecasts . According to the recent report from USDA, the global sugar production was estimated to be around 175.1 million tonnes in 2019. Sugar Confectionery Market Report Scope According to GlobalData's latest consumer survey (2021 Q1), approximately one-third of UK consumers belonging to Generation X (Gen Xers), which is 30%, and baby boomers which is 32%, claim to buy chocolate, confectionery and dessert products from online retail sites. In 2020, the global Chocolate-flavored Candy market size was USD million and it is expected to reach USD million by the end . of the global Chocolate Confectionery industry. The bar will be available from Spar . Cadbury Dairy Milk. Candy Industry publishes an annual list of the top 100 global confectionery companies, ranking them by net sales.. […] Volume sales to decline over 2021-26 as the UK enters the 'next normal'. Different types and applications of Chocolate Candy Bars industry, market share of each type and application by revenue. Chocolate is the most widely-consumed sweet treat in the world. Key chocolate occasions such as Halloween and Christmas also suffered as manufacturers worked to get confectionery to locked-down consumers." One in twenty chocolate launches are . That revenue of $21.1 billion in 2014 was a 2.9% increase over 2013. Rising prices and slight decline in volume sales predicted for 2021-26. This market covers wrapped countlines, tablets, individually wrapped, non- individually wrapped, seasonal and other chocolate confectionery. Chocolate Confectionery in UK by Mintel Market Sizes provides you with annual year-end market size data, most recently updated in 2020. Read more about this report - REQUEST FREE SAMPLE COPY IN PDF. The latest annual report from the UK's Food and Drink Federation has found that global exports of chocolate in 2020 bucked a broader downturn, recording 1.1% growth to £786 million, writes Neill Barston. Organic Chocolate Confectionery Market Research Report by Product (Boxed, Chips & Bites, and Molded Bars), by Type (Dark, Milk, and White), by Distribution Channel, by Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) - Global Forecast to 2026 - Cumulative Impact of COVID-19New York, Oct. 13, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Organic . The worldwide effects of the Covid infection 2020 (COVID-19) are now beginning to be felt, and will essentially influence the Chocolate Confectionery market in 2020 and 2021. About us. Chocolate & Confectionery Production in the UK industry outlook (2021-2026) poll Average industry growth 2021-2026: x.x lock Purchase this report or a membership to unlock the average company profit margin for this industry. The global chocolate market is projected to witness a CAGR of 4.5% during the forecast period (2021 - 2026). Furthermore, chocolate confectionery industry study report has included all major manufacturers and distributors operating in the chocolate confectionery market across all major regions. Chocolate eating patterns to shift again in second half of 2021. 6. Chocolate: Inc Impact of COVID-19 - UK - July 2020 - Market Research Report "Although the market has proven resilient in past difficulties, the economic downturn triggered by the COVID-19 outbreak will coincide with new challenges. Growth momentum & CAGR. The 60g bar retails at £2.59 and consists of peanut butter-flavoured nougat and a gooey strawberry caramel layer. DUBLIN-(BUSINESS WIRE)-The "Vegan Chocolate Confectionery Market Size, Share & Trends Analysis Report by Product (Molded Bars, Chips & Bites, Boxed), Distribution Channel (Online, Offline), Type (Dark, Milk), Region, and Segment Forecasts, 2021-2028" report has been added to ResearchAndMarkets.com's offering. . Global Confectionery Market Share, Size, Trends Analysis, Industry Growth Opportunities & Forecast Report, 2020-2027 $ 3,499.00 - $ 5,649.00 Licensing Options 5th January 2022 Confectionery. Number of consumers of the most popular chocolate bars in Germany 2017-2020. Rising awareness regarding dark chocolate as a healthier confectionery product, which consists of antioxidants that protect the skin from harmful ultraviolet rays . NEW YORK, Dec. 23, 2021 /PRNewswire/ -- The Chocolate Confectionery Market value in the Packaged Foods & Meats Industry is set to grow by USD 30.28 million, progressing at a CAGR of 4.71% from 2020. The bakery and confectionery market is expected to reach $1221.28 billion in 2025 at a CAGR of 7%. Number of consumers of the most popular candy bars in Germany 2017-2020 Robust and transparent research methodology, conducted . The table below is an extract from this list, giving the top ten global confectionery companies that manufacture some form of chocolate, by net confectionery sales value in 2020: The Chocolate Confectionery in United Kingdom report includes: Analysis of key supply-side and demand trends. The World Confectionery Conference is the global sector showcase, hosted by the established publication Confectionery Production, addressing a wealth of industry developments and challenges affecting international sweets, snacks and bakery markets around the globe. This report focuses on global and China Chocolate-flavored Candy market. Most popular candy bar brands in Germany 2017-2020. However, the market became more stable post the ease of restrictions across both importing and exporting countries. The 60g bar retails at £2.59 and consists of peanut butter-flavoured nougat and a gooey strawberry caramel layer. Oct 2020. 176 reports; Chocolate Consumption, Palm Oil Price, Edible Oils Price, Chocolate Sales… 61 statistics; Chocolate Export, Chocolate Import, Industrial Equipment Export, Industrial Equipment Import… Chocolate Confectionery Market Research. The World Cocoa Foundation states that cocoa beans have a consumption value of over 3 million tons every year. Confectionery ingredients include fruits, dry fruits, nuts, sugar (glucose/sucrose), cocoa powder, milk powder, and more. Distribution Channel Movement Analysis & Market Share, 2020 & 2028 7.2. Report Overview. Pune, India, Dec. 20, 2021 (GLOBE NEWSWIRE) -- The global real and compound chocolate market size was USD 25.38 billion in 2020. The global Vegan Chocolate Confectionery market accrued earnings worth approximately 14.1(USD Billion) in 2019 and is predicted to gain revenue of about 27.5 (USD Billion) by 2026, is set to record a CAGR of nearly 15.1% over the period from 2020 to 2026. Market Forecast +. The global confectionery market was valued at $210.3 billion in 2019, and is projected to reach $270.5 billion by 2027, registering a CAGR of 3.6%. Most popular chocolate bar brands Germany 2017-2020. The report segments the distribution channel into offline stores and online platforms. The global vegan confectionery market size was valued at USD 816.0 million in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 11.8% from 2020 to 2027. Online 7.3. Candy Market Research Reports & Industry Analysis. The UK compound chocolate market is growing at a CAGR of 3.32% during the forecast period (2021-2026). Confectionery is one of biggest food and drink categories in convenience and is the most impulsive, so remains a crucial category for any store. Historic volume and value sizes, company and brand market shares. The bar will be available from Spar . Detailed segmentation of international and local products. Candy & Confections New Products News Gummies & Jellies Vegetarian Candy 2020 State of the Confectionery Industry: Gummies drive growth in chewy candy category Non-chocolate chewy candy generated $3.9B in the year ending June 14, IRI reports. Pune, April 16, 2020 (GLOBE NEWSWIRE) -- The global chocolate confectionery market size is set to reach USD 145.17 billion by 2026, exhibiting a CAGR of 3.50% during the forecast period. The offline segment dominated the global industry in 2020. Buy our report today Confectionery Market Report 2020-2030: Value Forecasts by Product (Chocolate Confectionery, (White, Milk, Dark), Sugar Confectionery, Hard-Boiled Sweets, Caramels & Toffees, Gums & Jellies, Medicated Confectionery, Mints, Others, Fine Bakery Wares, Others), by Distribution Channel (Hypermarket & Supermarkets, Drug Stores . The global Chocolate Confectionery market was valued at 10721.88 Million USD in 2020 and will grow with a CAGR of 2.03% from 2020 to 2027, based on HNY Research newly published report. The Future of Industry Reports. The conference assembles delegates and suppliers from across the world and the entire industry across the wider . 2. This is driven by consumers' growing desires for more vegan-friendly and lactose free options, similar to the findings in our dairy alternatives report . In 2019, the chocolate segment accounted for the highest confectionery market share. Chocolate Confectionery in Thailand (2020) Chocolate Confectionery in Thailand by Mintel Market Sizes provides you with annual year-end market size data, most recently updated in 2020. The market is projected to reach USD 147 billion by 2027. 5. The . The chocolate market was impacted by COVID-19 during its onset in 2020. USD 2,100. Mintel's Market Data Reports offer a quick and in-depth look at a market, providing Market Sizes, Market shares, Industry insights and 5 years forecasts. The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business . The global Chocolate Confectionery market was valued at 167.01 Million USD in 2020 and will grow with a CAGR of 5.16% from 2020 to 2027. . Five year forecasts of market trends and market growth. Rising . The 40% cocoa brand represents a crucial part of chocolate's growth . That's a 52% increase. Asia Pacific was the largest region in the global bakery & confectionary market, accounting for 43% of the market in 2020. The global chocolate market size was already worth over US$130 billion in 2019, and it's expected to grow with a strong CAGR of almost 5% by 2024, according to the recent market report from Technavio.The latest market trend has seen top 10 chocolate companies coming up with new and innovative flavors and launching diverse products to cater to the . (2015-2020) 7.3.1 UK Chocolate Confectionery Market Under COVID-19 7.4 France Chocolate Confectionery Sales and Growth Rate (2015-2020) 7.4.1 France . While there are significantly fewer milk chocolate alternative options, 2019-2020 review growth for these products has outpaced that of other vegan chocolate products by more than 50%. Segment performance in first half of 2021 mirrors that of 2020, but inflation is stronger. 2021-2025. Chapter 7. According to the National Confectioners Association, chocolate sales account for a whopping $21.1 billion of that candy industry - over 60%!! Report Coverage. 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