Chocolate Confectionery - US - April 2013
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“Increased concerns over obesity and related diseases as well as product price increases have caused some consumers to become weary of purchasing chocolate. The chocolate industry must address these challenges with products, packaging and marketing that addresses consumer concerns and invigorates consumer interest in the category.”
– Sarah Day Levesque, Food Analyst
Some questions answered in this report include:
The chocolate confectionery industry has maintained slow growth over the past five years as the U.S. economy tries to slowly recover from recession. This growth was driven in large part by continued demand for affordable indulgence, an increased interest in high-quality artisanal foods, including chocolate, and price increases due to rising ingredient costs. Increased concern over obesity and related diseases as well as the threat of further price increases are expected to keep category growth at a minimum through 2017. The market already has begun to address these threats with new formulations and packaging that cater to consumers’ needs for better-for-you, convenient and reasonably priced chocolate but continued innovation will be necessary to fully engage consumers in the chocolate market.
Among the topics covered in this report are:
For the purposes of this report, Mintel has used the following definitions:
This report covers chocolate confectionery products including those in bar, bag, and box form, and those sold year-round or seasonally for holidays. Primarily this includes chocolate that is sold in grocery outlets, such as supermarkets (conventional and natural), mass merchandisers, drug and convenience stores. However, the report also covers chocolate confectionery that is sold in specialty chocolate shops, such as Godiva, Lindt, Neuhaus, and Ghirardelli.
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