Australia Chocolate Market, By Product Type (Milk, Dark and White), By Category (Tablets, Countline, Boxed Chocolates, and Others (Assorted Chocolates, Chocolate Pouches & Bags, etc.)), By Distribution Channel (Departmental Stores, Convenience Stores/Forecourt Retailers, Supermarkets/Hypermarkets, Online, and Others (Specialty Stores, Duty-free Shops, Kiosks, Pharmacies, etc.)), By Region, Competi
Published Date: October - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Consumer Goods and Retail | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationThe Australia Chocolate Market is anticipated to project robust growth during the forecast period on account of rising health awareness, rising disposable income, and rising demand for chocolates among children. Other significant factors driving the rise of the Australian chocolate market include the fast-paced growth of the FMCG sector's e-commerce market and the rising number of product line options provided by market participants. Moreover, among the key factors influencing the growth of the chocolate market in Australia are consumer healthy choices and the rising demand for premium chocolates.
Moreover, organic products are supposed to be more wholesome and nutritious. Owing to the rising preference for naturally derived and organic products in Australia, producers have begun to include organic chocolates in their line of goods. Australians spent an average of USD 135.70 per person on chocolate products in 2022. To appeal to health-conscious consumers, some top chocolate manufacturers have recently released healthier products including organic, vegan, sugar-free, and gluten-free chocolates.
The majority of chocolate sold in Australia is made of "liquor," a paste prepared by industry giants such as Mondelez, Mars, Nestle, and The Hershey Company. In 2021, 49% of adult Australians regularly ate candy and chocolate. As of 2022, Australia had 429 chocolate and confectionery producers.
Increasing Boxed Assortments and Artisanal Chocolates Will Lead to the Market Growth
Artisanal chocolate is produced with pure cacao beans that are harvested without using any animal products, in contrast to commercial milk chocolate products that harm the environment and exploit labor. These elements are responsible for an increase in the sales of boxed assortments and handmade chocolates, which is anticipated to boost chocolate sales nationwide.
Rising Premiumization of Chocolates Aiding the Market Growth
The demand for premium chocolates is increasing nationwide, and therefore there are more specialty chocolate shops opening up. Due to taste preferences and a high per capita income, people in Australia are becoming more and more interested in premium chocolate offers. Additionally, businesses are moving toward a premium product range as consumers are prepared to spend more on premium goods due to beliefs that purchasing such goods
Availability of Wide Range Of Products Will Fuel the Market Growth
People are really paying attention to what's in their food these days, especially fat and sugar, and trying to eat healthier. And let's be honest, chocolate usually isn't the first thing that comes to mind when you think "healthy" because of all the sugar and calories. But things are changing! We're seeing more premium chocolate pop up in specialty shops, with tons of different kinds and even healthier versions. Plus, people care about ethical and sustainable production. So, manufacturers are stepping up and adding healthier chocolates to their lineups to give us better choices. They're even using cool innovations like functional foods to boost the nutritional value of chocolate, offering organic options, and attracting those of us who want to enjoy chocolate with a little less guilt.
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Market Segmentation
So, how does the Australia chocolate market break down? Well, it depends on a few thingsthe product type (think milk, dark, or white chocolates); the category – are we talking tablets, countlines, boxed chocolates, or other goodies like assorted chocolates and pouches?; and where you're buying it. You can find chocolates at departmental retailers, your quick-stop convenience stores, big supermarkets and hypermarkets, online, or other places like specialty shops, duty-free, kiosks, and even your local pharmacy. Finally, we've broken down the market regionally, looking at how things differ between Australia Capital Territory & New South Wales, Northern Territory & Southern Australia, Western Australia, Queensland, and Victoria & Tasmania.
Company Profiles
Mondelez Australia Pty. Ltd., Mars Australia Pty. Ltd., Lindt & Sprüngli (Australia) Pty Ltd, Nestlé Australia Limited, Ferrero Australia Pty. Ltd., Darrell Lea Confectionery Co. Pty. Ltd, AE Haigh Pty Ltd., Stuart Alexander & Co Pty Ltd., J.H. Whittaker & Sons (Aust) Limited, Monsieur Truffe, etc. are also actively entering the market in recent years and further strengthening the market growth
| Attribute | Details |
| Base Year | 2022 |
| Historical Years | 2018–2021 |
| Estimated Year | 2023E |
| Forecast Period | 2024F –2028F |
| Quantitative Units | Revenue in USD Million, Volume in Million Kgs Tons and CAGR for 2018-2022 and 2023E- 2028F |
| Report Coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments Covered | · Product Type· Category· Distribution Channel· Region |
| Regional Scope | Australia Capital Territory & New South Wales, Northern Territory & Southern Australia, Western Australia, Queensland, Victoria & Tasmania |
| Key Companies Profiled | Mondelez Australia Pty. Ltd., Mars Australia Pty. Ltd., Lindt & Sprüngli (Australia) Pty Ltd, Nestlé Australia Limited, Ferrero Australia Pty. Ltd., Darrell Lea Confectionery Co. Pty. Ltd, AE Haigh Pty Ltd., Stuart Alexander & Co Pty Ltd., J.H. Whittaker & Sons (Aust) Limited, Monsieur Truffe. |
| Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and Purchase Options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request) |
Report Scope
In this report, Australia chocolate market has been segmented into following categories, in addition to the industry trends which have also been detailed below
- Australia Chocolate Market, By Product Type
- Milk
- Dark
- White
- Australia Chocolate Market, By Category
- Tablets
- Countline
- Boxed Chocolates
- Others
- Australia Chocolate Market, By Distribution Channel
- Departmental Stores
- Convenience Stores/Forecourt Retailers
- Supermarkets/Hypermarkets
- Online
- Others
- Australia Chocolate Market, By Region
- Australia Capital Territory & New South Wales
- Northern Territory & Southern Australia
- Western Australia
- Queensland
- Victoria & Tasmania
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Company Profiles
found at Customizations
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Company Information
- Detailed analysis and profiling of additional market players (up to five).
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