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.

Click here to download the brochure

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