Chocolate confectionery is expected to see further value growth over the forecast period, with volume sales also set to rise. Chocolate confectionery will probably continue to face significant challenges as it is unlikely that chocolate unit prices will fall in the foreseeable future as producers did not completely transfer cocoa’s spiked costs from 2024 and the additional 5% imposed on the health tax in 2025 to consumers, which explains the modest growth expected in terms of volume to 2030.
Competition is intense in chocolate confectionery, and it is becoming increasingly difficult for producers to stand out on retailers’ shelves and capture the attention of consumers. As such, new and interesting innovations not only in flavour but also in packaging, formats, and marketing will be key to success.
Plant-based chocolate confectionery continues to be a niche market, primarily because of the higher production costs linked to plant-based ingredients, which have limited its mainstream appeal. Nonetheless, a growing consumer shift towards healthier and more sustainable options is fuelling the segment’s expansion.
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Understand the latest market trends and future growth opportunities for the Chocolate Confectionery industry in Colombia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Chocolate Confectionery industry in Colombia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Chocolate Confectionery
This is the aggregation of tablets, countlines, chocolate pouches and bags, boxed assortments, seasonal chocolate, chocolate with toys, and other chocolate confectionery. Nuts and fruits covered in chocolate are included in this category. Note that chocolate overtly positioned for baking/cooking purposes is excluded from Euromonitor International's confectionery coverage.
See all of our definitionsThis report originates from Passport, our Chocolate Confectionery research and analysis database.
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