Australia chocolate market stood
at $ 2.9 billion in 2017 and is projected to surpass $ 4.3 billion by 2023, on
the back of growing chocolate consumption and rising demand for niche product
categories such as organic chocolate products. Moreover, increasing focus of chocolate
manufacturers on offering innovative products; for instance, Mondelēz launching
Cadbury Dairy Milk with Oreo in mint and strawberry flavors, is expected to
positively influence the country’s chocolate market in the coming years. Rising
number of health-conscious consumers, increasing demand for premium chocolates
and rapid expansion of e-commerce in FMCG are some of the other factors that
would fuel growth in Australia chocolate market during the forecast period.
Years
considered for this report:
Historical Years:
2013-2016
Base Year: 2017
Estimated Year:
2018
Forecast Period:
2019-2023
Objective
of the Study:
- To analyze and forecast Australia chocolate market size.
- To define, classify and forecast Australia chocolate market based
on product type, category, distribution channel and region.
- To scrutinize the detailed market segmentation and forecast the market
share based on product type, namely, milk chocolate, dark chocolate and
white chocolate.
- To scrutinize the detailed market segmentation and forecast the
market share based on category, namely, chocolate pouches & bags,
boxed chocolates, countline, tablets and others.
- To scrutinize the detailed market segmentation and forecast the
market share based on sales channel, namely, independent grocery stores,
supermarket/hypermarket, convenience stores/forecourt retailers, non-store
retailing and others.
- To analyze and forecast Australia chocolate market with respect to
region, namely, Queensland, Victoria, New South Wales, South Australia,
Western Australia, Northern Australia and Tasmania.
- To identify tailwinds and headwinds for Australia chocolate market.
- To get an idea about the consumer behavior towards brand recall, consumption
of chocolates, factors influencing purchase decision and place of purchase
in Australia chocolate market.
- To strategically profile leading players operating in Australia chocolate
market.
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Some of the major players operating in Australia chocolate market
are Mondelēz Australia Pty. Ltd., Mars Australia Pty. Ltd., Lindt & Sprüngli
(Australia) Pty. Ltd., Nestlé Australia Limited, Ferrero Australia Pty. Ltd., Aldi
Stores Supermarkets Pty Ltd, Darrell Lea Confectionery Co. Pty. Ltd, Haigh Pty.
Ltd. A.E., Stuart Alexander & Co Pty Ltd. and J.H. Whittaker & Sons
(Aust) Limited.
TechSci Research performed both primary as well as exhaustive
secondary research for this study. Initially, TechSci Research sourced a list
of chocolate manufacturers.
Subsequently, TechSci Research conducted primary research surveys with the
identified companies. While interviewing, the respondents were also enquired
about their competitors. Through this technique, TechSci Research was able to
include the manufacturers which could not be identified due to the limitations
of secondary research. TechSci Research analyzed the product offerings and regional
presence of all major chocolate distributors in the country.
TechSci Research calculated Australia chocolate market size using
a bottom-up approach, where chocolate manufacturers’ value sales data for product type (milk chocolates, dark
chocolates and white chocolates) were recorded and forecast for the future
years. TechSci Research sourced these values from industry experts and company
representatives and externally validated through analyzing historical sales
data of respective chocolate manufacturers to arrive at the overall market
size. Various secondary sources, directories, databases such as company annual
reports, Australia Bureau of Statistics, International Cocoa Organization,
Central Intelligence Agency, World Bank, press releases, industry magazines,
industry reports, news dailies, credible paid databases, proprietary databases
and World Cocoa Foundation were also studied by TechSci Research.
Key Target Audience:
- Chocolate manufacturers, retailers, distributors and other
stakeholders
- Organizations, forums and alliances related to chocolate
- Government bodies such as regulating authorities and policy makers
- Market research and consulting firms
The study is useful in providing answers to several
critical questions that are important for industry stakeholders such as
chocolate distributors, manufacturers, customers and policy makers. The report
also provides insights about which market segments should be targeted over the
coming years in order to strategize investments and capitalize on the growth of
the market.
Report Scope:
In this report, Australia
chocolate market has been segmented into the following categories in addition
to the industry trends which have also been detailed below:
- Market, by Product Type:
- Milk Chocolate
- Dark Chocolate
- White Chocolate
- Market, by Category:
- Chocolate Pouches & Bags
- Boxed Chocolates
- Countline
- Tablets
- Others
- Market, by Distribution Channel:
- Independent Grocery Stores
- Supermarkets/Hypermarkets
- Convenience Stores/Forecourt Retailers
- Non-Store Retailing
o Others
- Market, by Region:
- Queensland
- Victoria
- New South Wales
- Southern Australia
- Western Australia
- Northern Australia
- Tasmania
Competitive
Landscape
Company Profiles: Detailed
analysis of the major companies operating in Australia chocolate market.
Voice of Customer: Customer
analysis with respect to brand recall, consumption
of chocolates, factors influencing purchase decision and place of purchase.
Available
Customizations:
With the given
market data, TechSci Research offers customizations according to a company’s
specific needs. The following customization options are available for the
report:
Channel Partner Analysis
- Detailed list of distributors and dealers across all regions.
Company
Information
- Detailed analysis and profiling of additional
market players (up to five).
In
case you don’t find what, you are looking for, please get in touch with our
custom research team at sales@techsciresearch.com