The Confectionery Market in Europe 2018-2023 - Chocolate Craving Dominates: Analysis by Product Type, Distribution Channel and Geography - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Aug 10, 2018--The “Europe Confectionery Market - Segmented by Product Type, Distribution Channel, and Geography - Growth, Trends, and Forecast (2018 - 2023)” report has been added to ResearchAndMarkets.com’s offering.
The Europe confectionery market is expected to reach USD 83 billion by 2023, witnessing a stable CAGR of 3%, during the forecast period.
Confectionery consumption volume in the region surpassed 5,875 million KG in 2017, moving at steady volume growth rate. Western Europe dominates the chocolate sale followed by central and Eastern Europe. Increased demand for higher quality cocoa products and premium chocolate accelerated confectionery sale in Europe.
Germany and UK are the largest market growing at a steady growth rate. Western Europe confectionery sale have affected by the declining gum consumption in the countries. Increased demand for organic and high cocoa chocolate have fueled the confectionery market growth.
Key HighlightsOrganic in High Demand Chocolate Craving Dominates
Key DevelopmentsApril 2018 - Nestle recently launched Ruby Chocolate in UK on 10th April, which is the first new natural color chocolate after white chocolate introduced by nestle 80 years back. This chocolate is made from ruby/pink cocoa bean.
Key Topics Covered
2. Research Approach and Methodology
3. Market Overview
4. Market Segmentation
5. Competitive Landscape
6. List of Company Profiles
7. Companies CoveredMondelez International Inc. Nestle SA Ferrero Group Meiji Co. Ltd. Lotte Confectionery Co. Ltd. Grupo Bimbo S.A.B. de C.V Wm. Wrigley Jr. Company Herbion International Inc. The Hershey Company Mars Incorporated Lindt & Sprungli (Schweiz) AG
For more information about this report visit https://www.researchandmarkets.com/research/wc33zh/the_confectionery?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180810005291/en/
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Related Topics:Snacks and Confectionery
INDUSTRY KEYWORD: RETAIL FOOD/BEVERAGE
SOURCE: Research and Markets
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PUB: 08/10/2018 11:10 AM/DISC: 08/10/2018 11:10 AM