Latin America Chocolate Market, Value, Growth, Size 2023-2028

El informe del estudio de mercado de Informes de Expertos titulado, ‘El Mercado Latinoamericano de Chocolate, Informe y Pronóstico 2023-2028′, ofrece una visión estructurada del mercado, examinando sus diversos segmentos y variables clave como tipo, tipos de empaques, canal de distribución y las regiones. La investigación recoge un sólido pronóstico de la presencia de factores clave de éxito y limitaciones, sigue a los proveedores bien establecidos y las últimas tendencias de la industria que impactan en el objetivo de crecimiento del mercado global. También evalúa la dinámica del mercado y la relación entre la demanda de los consumidores y el precio del producto, junto con la auditoría de los modelos FODA y de las cinco fuerzas de Porter.

The market study report by Informes de Expertos titled, ‘Latin America Chocolate Market 2023-2028’, gives structured insights into the market, examining its diverse segments and key variables such as type, types of packaging, distribution channel and key regions. The research gathers robust forecasting of the presence of key success factors and constraints, tracks well-established vendors, and the latest trends in the industry that impact the growth goal of the overall market. It also assesses the market dynamics, and the relationship between consumer demand and product price, coupled with the audit of SWOT and Porter’s Five Forces models.

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Los aspectos más destacados del informe incluyen:

Visión general del mercado (2018-2028)

• CAGR para el período de pronóstico (2023-2028): 2,15%

Se prevé que el mercado latinoamericano del chocolate, que tenía un valor de 18.060 millones de dólares en 2021, se expanda a una tasa de crecimiento constante del 2,15% entre 2022 y 2027. El cambio de estilo de vida y los altos niveles de poder adquisitivo de los consumidores en la zona pueden atribuirse a la expansión del mercado. Además, se anticipa que el aumento de la renta disponible y del nivel de vida de los consumidores favorezca la expansión del mercado.

Se calcula que la creciente influencia occidental en la zona, el aumento del nivel de vida y el mayor conocimiento de las ventajas para la salud del consumo de chocolate apoyen la expansión del mercado durante el período de proyección. El aumento de la demanda de chocolate como componente clave de dulces y productos de pastelería es otro factor que apoya el mercado.

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Industry Definition and Major Segments

A smear or a block of chocolate is a food item made from crushed and roasted cacao seeds. It is used in baked goods and confectionery products and is typically sweetened. Throughout the manufacturing process, the cocoa butter is transformed into a useable product that is later used as both a finished good and an ingredient in a range of sweets.

The report has analysed the market on the basis of type:

• Milk Chocolate
• White Chocolate
• Dark Chocolate
• Others

Various types of chocolate packaging include:

• Rigid
• Flexible

On the basis of distribution channels, the market has been assessed and segmented into:

• Supermarkets/Hypermarkets
• Specialty Retailers
• Convenience Stores
• Online
• Others

Key regions covered include:

• Brazil
• Argentina
• Mexico
• Others

Market Trends

The Latin American chocolate market is being driven by expanding consumer desire for premium chocolates, creative and innovative packaging, real worth products, changing lifestyles due to urban sprawl, rising disposable income, and impulsive purchases. Brazil, Mexico, Argentina, as well as other countries like Chile, Colombia, etc., are among the major markets for chocolate in Latin America.

In addition, the popularity of sugar-free and low-sugar chocolates has been boosted by trends in health and wellbeing. Dark chocolate consumption is also on the rise since it has anti-aging advantages, lowers the risk of cardiovascular diseases, and is a rich source of antioxidants and minerals. These elements are anticipated to support market expansion overall within the anticipated time frame.

Key Market Players

The major players in the market are:

• The Hershey Company
• Lindt & Sprungli AG
• Mondelez International
• Nestle SA
• Ferrero Group
• Others

This report covers their profiles and provides information on expansions, investments and mergers and acquisitions, among other latest industry developments.

About Us:

Informes de Expertos, the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

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