Forecast: Production in Cocoa, Chocolate and Sugar Confectionery Sector in the Netherlands

Over the past decade, the production value of the cocoa, chocolate, and sugar confectionery sector in the Netherlands has experienced fluctuating growth. Between 2013 and 2017, the sector saw substantial increases, particularly notable in 2015 and 2017 with year-on-year growth rates of 10.98% and 10.2% respectively. However, from 2018 onwards, the growth has seen variability with some years experiencing a decline such as in 2018, 2019, and 2020. The production value in 2023 stood at €3.87 billion, reflecting a slight increase of 0.97% over the previous year, although the five-year CAGR was slightly negative at -0.89%. Looking forward, the sector is expected to experience modest growth, with a forecasted five-year CAGR of 0.73% and an overall estimated growth rate of 3.68% by 2028.

Future trends to watch for:

• Innovations and sustainability initiatives in the cocoa and chocolate industry driving production efficiency and product differentiation.
• Greater demand for premium and organic confectionery products, potentially increasing overall sector value.
• The impact of global cocoa supply dynamics and price volatility on production costs and market prices.
• Shifts in consumer preferences towards healthier and sugar-free options reshaping the product offerings.