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

The 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

Consumers are becoming more and more concerned with food fat and sugar content and gravitating toward healthier dietary options. Chocolate is not widely regarded as a healthy food item due to its high sugar content and high caloric value. The industry has noticed an increase in premium chocolate from specialty shops, product variety, healthier product options, and ethical, sustainable production. Manufacturers are changing their product line-up to include healthier chocolates to provide healthy options in the chocolate market. Innovations such as functional foods are being incorporated into chocolates as an ingredient to boost the nutritional value, offering organic chocolates, and as a result, the health-conscious population is becoming more drawn to consuming chocolates having nutritional value.

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Market Segmentation

The Australia chocolate market is segmented on the basis of product type, category, distribution channel, region, and competitional landscape. Based on product type, the market is further segmented into milk chocolates, dark chocolates, and white chocolates. Based on category, the market is further split into tablets, countline, boxed chocolates, and others (assorted chocolates, chocolate pouches & bags, etc.). Based on distribution channel, the market is further segmented into departmental retailers, convenience retailers/forecourt retailers, supermarkets/hypermarkets, online, and others (specialty retailers, duty-free shops, kiosks, pharmacies, etc.). The market analysis also studies the regional segmentation to devise regional market segmentation, divided among Australia Capital Territory & New South Wales, Northern Territory & Southern Australia, Western Australia, Queensland, Victoria & Tasmania.

Company Profiles

Mondelēz 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

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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