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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 | Jan 2015

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

IBISWorld’s Chocolate Stores market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Godiva Godiva market share
See's Candies See's Candies market share
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 10-15
3.2%
Annual Growth 15-20
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Profit
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Employment
20,273
Businesses
7,660
Industry Analysis & Industry Trends

Chocolate consumption seems to be a mainstay among US consumers. Over the five years to 2015, revenue for the Chocolate Stores industry has expanded and will continue to increase during the five years to 2020. This growth, though facilitated by high cocoa prices, will be mostly driven by rising per capita disposable income. 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 Investment Chapter

The Chocolate Stores industry exhibits a moderate level of capital intensity, measured as expenditure on capital relative to expenditure on labor. In 2015, the average chocolate store is expected to spend $0.15 on capital for every $1.00 spent on labor, representing an increase over the past five years. Capital typically comes in the form of fixtures and fittings such as display shelving, cash registers and point of sale systems; these have been expanded and renewed to accommodate rising disposable incomes and growing demand for chocolate store services, raising capital spending and depreciation costs. Nonetheless, labor spending remains much higher and includes spending on skilled chocolate artisans and salespeople. IBISWorld expects capital intensity to remain moderate through 2020... 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
Retailing premium chocolate productsRetailing seasonal chocolate productsRetailing other chocolate products
 
Industry Activities
Retailing premium chocolatesRetailing seasonal chocolatesRetailing nonpremium chocolates


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