North America Chocolate (Milk, Dark, White) Market Outlook, 2025
The report titled "North America Chocolate Market By Value, By Segment (Milk Chocolate, Dark Chocolate, White Chocolate), By Application (Everyday, Premium, Gourmet, Seasonal/Gift), By Country (United States, Canada, Mexico, Etc), By Sales Channel (Supermarket/ Hypermarket, Convenient Stores, Online), (Trends & Forecast), Outlook, 2025" provides an in-depth insight of region's performance considering the effects of various aspects and factors. The North American region, which is viewed as the second most prominent market in the chocolate industry is expected to grow at a CAGR of more than 4% until the year 2025. The past pattern shows that the customer preference towards premium chocolates has grown at a rate of 6% in the last couple of years. The region's chocolate market is highly supported by the economies of the United States, Canada, and Mexico, with the majority of sales coming from the US having key players like Hershey's, Mars, Lindt, and Nestle. The change in taste of customers has made the market attention shift to dark chocolate from milk chocolate which was dominating earlier. Also, the buying reasons have a parallel impact on the buying decision of the customers, such as the demand for packed & gourmet chocolates have increased in the region. In addition to these factors, the expanding customer characteristics of online purchases, have given its contribution to the industry. An impulsive buying behavior has been witnessed among the region's customers along with a rise in income level. The customers are now well aware of the various forms of chocolate products and their variants available in the market. The rise of health consciousness among chocolate lovers has now made marketers introduce a different range of chocolates catering to this market segment at a reasonable price. With the availability of a wide array of chocolate products, perception & buying behavior has changed drastically. Major companies present in the market Mondelez International, Ferrero SPA, Nestle S.A, Hershey Company, Lindt and Spru00fcngliAG, Barry Callebaut, Mars Incorporated, Meiji Holdings Co. Ltd, Godiva chocolatier, Ezaki Glico Co, Lotte Confectionery, Kellogg Company, Cacau show, Morinaga & Co. Ltd, August Storck KG, Stella Bernrain, Blommer Chocolates Company, United Confectionery manufacturers, Cemoi Group, France, Neuhaus, Belgium, Brookside Chocolates, Ferrero SPA
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