In 2023, Germany led the European market for sold production of non-bulk chocolate and food preparations containing cocoa, with a 40.35% share. Italy followed with 16.88%, while the United Kingdom held 9.5%. Notably, France experienced a significant drop, which might be a point for further investigation. Countries like Ireland and Bosnia and Herzegovina exhibited remarkable growth, possibly indicating emerging markets. In contrast, the United Kingdom and the Netherlands saw negative growth rates, suggesting potential concerns.
Future trends to watch for include continued growth in lesser-known markets such as Ireland and Bosnia and Herzegovina, which may reshape the market dynamics. Monitoring Germany's leading position is crucial, alongside understanding factors influencing decline in traditional markets like France and the United Kingdom. Additionally, shifts in consumer preferences towards specialty chocolate products could impact market shares significantly.
Top countries in Sold Production of Non-Bulk Chocolate and Food Preparations Containing Cocoa Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 40.35 | 2023 | +0.5% | +2% | View data |
| 2 | 2 Italy | 16.88 | 2023 | +3.46% | +1.14% | View data |
| 3 | 3 United Kingdom | 9.5 | 2023 | -3.63% | -1.85% | View data |
| 4 | 4 Belgium | 6.84 | 2023 | +1.78% | +1.83% | View data |
| 5 | 5 Poland | 6.31 | 2023 | +0.84% | -0.035% | View data |
| 6 | 6 Spain | 4.34 | 2023 | +1.39% | +2.53% | View data |
| 7 | 7 France | 3.79 | 2023 | -9.18% | -19.52% | View data |
| 8 | 8 Finland | 1.81 | 2023 | +2.7% | +3.1% | View data |
| 9 | 9 Denmark | 1.7 | 2023 | +1.31% | +2.48% | View data |
| 10 | 10 Netherlands | 1.21 | 2023 | -3.09% | -8.01% | View data |