In 2023, Belgium led the European market in the sold production of bulk chocolate and food preparations containing cocoa, with a substantial share, highlighting its dominance. France and Italy followed, with notable contributions, whereas Germany, despite its economic size, experienced a slight decline. Spain showed robust growth, positioning itself as a significant player. Conversely, Sweden and Romania saw dramatic contractions, while Finland emerged with impressive growth. Smaller markets like Greece, Macedonia, and Bulgaria showed modest increases despite their limited shares.
Future trends to watch include:
- Potential growth in emerging markets like Finland, due to recent substantial increases in production value.
- Continued dominance of Belgium, yet the growth rate indicates shifts in market dynamics.
- Increased focus on sustainability and the consumer demand for ethically sourced cocoa, which could influence production and market shares.
- Technological advancements in manufacturing and production efficiency as a response to growing environmental concerns and economic pressures.
Top countries in Sold Production of Bulk Chocolate and Food Preparation Containing Cocoa Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 39.95 | 2023 | +3.93% | +0.89% | View data |
| 2 | 2 France | 20.14 | 2023 | +2.29% | +2.69% | View data |
| 3 | 3 Italy | 13.08 | 2023 | +3% | +6.82% | View data |
| 4 | 4 Germany | 12.55 | 2023 | +2.77% | -2.46% | View data |
| 5 | 5 Spain | 11.82 | 2023 | +4.95% | +6.01% | View data |
| 6 | 6 Greece | 0.57 | 2023 | +3.84% | +2.76% | View data |
| 7 | 7 Czechia | 0.56 | 2023 | |||
| 8 | 8 Denmark | 0.54 | 2023 | -0.71% | -0.096% | View data |
| 9 | 9 Norway | 0.37 | 2023 | +27.67% | +9.77% | View data |
| 10 | 10 Hungary | 0.3 | 2023 | -0.79% | -15.09% | View data |
