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Chocolate Stores in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Chocolate Stores Market Research Report | Consumer Goods & Services | Food & Beverage Stores | Jun 2016

Sweet stability: Innovation and luxury spending keep industry revenue growth steady

IBISWorld’s Chocolate Stores market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Godiva Godiva market share
Lindt & Sprungli Inc. Lindt & Sprungli Inc. market share
See's Candies See's Candies market share
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 11-16
1.9%
Annual Growth 16-21
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Profit
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Employment
20,538
Businesses
6,753
Industry Analysis & Industry Trends

Chocolate consumption seems to be a mainstay among US consumers. Over the five years to 2016, revenue for the Chocolate Stores industry has expanded and will continue to increase over the next five years. Rising per capita disposable income is expected to drive the majority of industry growth. Many consumers consider chocolates daily luxuries, in which they will indulge regardless of economic conditions. Although the majority of chocolate will be retailed at supermarkets and other retailers outside the industry, industry operators will continue to benefit from rising disposable incomes and growing demand for premium chocolates. Limited cocoa supply will also keep chocolate selling prices high, aiding industry revenue and profit.... purchase to read more

Industry Report - Industry Analysis Chapter

The Chocolate Stores industry includes specialty shops and boutiques which exclusively sell chocolates to consumers. Chocolates sold in industry establishments are often considered premium and of higher quality than generic brands found at other retailers (i.e. convenience and grocery stores), thus they are sold at higher prices. Prices are closely linked to the world price of cocoa, which determines the cost of chocolate before the retail markup price is applied. Also considered a discretionary good, specialty chocolates fare best when disposable incomes increase.

Despite increasing incomes in the past five years, revenue was slightly contained by growing health concerns surrounding the consumption of confectionery goods... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Chocolate Stores Industry?

This industry includes specialty shops and boutiques that retail chocolate products to consumers. Supermarkets, department stores, drug stores, mass merchandisers and online retailers are excluded from this industry. Establishments such as coffee shops, bakeries and franchise retail establishments that sell chocolate products also are excluded from this industry.

Industry Products
Milk ChocolateDark Chocolate
 
Industry Activities
Retailing premium chocolatesRetailing seasonal chocolatesRetailing nonpremium chocolates


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