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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 SWOT Analysis Chapter

The Chocolate Stores industry is in the mature phase of its life cycle. Growth within the industry has been minimal, but sustained demand for the industry's products has kept the sector in a mature stage. Chocolate stores have developed few new services and generally differentiate themselves by the quality of products and prices that they offer. Technological developments also have been nominal, with most technological changes occurring at the manufacturing level. Moreover, the industry experiences an increasing level of external competition. For example, supermarkets, drug stores and mass merchandisers offer low prices along with the convenience of one-stop shopping.

Over the 10 years to 2018, industry value added (i.e... 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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