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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

The Chocolate Stores market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

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 Locations Chapter

The spread of establishments within the Chocolate Stores industry is concentrated mostly throughout the West and Mid-Atlantic regions, generally corresponding with high demand for premium chocolate products and higher-than-average disposables income. The West and the Mid-Atlantic regions include a number of cities with a high wealth concentration such as San Francisco, San Diego, Los Angeles and New York City. These cities also attract millions of tourists a year, many of whom spend lavishly on luxury foods such as premium chocolates. In fact, the two states with the highest number of Chocolate Stores establishments are California (16.1%) and New York (8.8%). Overall, The West region is home to 22.8% of all establishments while the Mid-Atlantic is home to 21.1% of all establishments... 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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