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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 | Mar 2013

Sweet stability: Innovation and widespread acceptance will keep 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
Lindt & Sprungli Inc. Lindt & Sprungli Inc. market share
See's Candies See's Candies market share
Industry Statistics & Market Size
Revenue
$895m
Annual Growth 08-13
3.4%
Annual Growth 13-18
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Profit
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Employment
10,659
Businesses
2,133
Industry Analysis & Industry Trends

The Chocolate Stores industry is a mature one, providing widely accepted chocolate products to downstream consumers. Revenue growth is determined by demand from households, which is ultimately driven by consumer spending and preferences. During the five years to 2013, industry revenue has grown at an estimated average annual rate of 3.4% to $895.3 million, including anticipated growth of 3.8% in 2013. Sustained, albeit nominal, increases in disposable income have underpinned growth. The recession that started in 2008 and continued through 2009 only marginally hindered the industry, causing revenue to contract a slight 0.5% in 2008.

Consumers regard chocolate products as small, yet affordable luxuries.... 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 the distribution of the population and high levels of chocolate consumption. Additionally, chocolate retailers tend to locate in areas of high demand for premium chocolate products.

In 2013, the West will account for the largest portion of industry establishments at roughly 21.8%. The West also generates the most revenue because of the high number of high earners within the region. The Mid-Atlantic region accounts for the second-largest share of industry establishments at roughly 21.7%. The Southeast will account for the third-largest share of industry establishments at roughly 16.9%... 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
Premium productsSeasonal and boxed productsNon-premium products
 
Industry Activities
Retailing nonpremium chocolate goodsRetailing premium chocolate goodsRetailing organic chocolate goods


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