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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 provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

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 - Starting a New Business Chapter

The barriers to entry for chocolate retailers are relatively low. New entrants may have difficulty competing with established retailers who have achieved a reputation for quality and brand name recognition. However, the industry is not fully saturated nor is market share concentration very high, enabling new companies to enter especially into underserved markets. Moreover, operators planning to enter this industry are not particularly constrained by the capital investment required to open a store, as the entry costs of a retail store are relatively cheaper than other industries. There are also few regulations binding retail operations, as opposed to manufacturing regulations which are extensive and entail compliance costs... 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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