Although there will be a slight slowdown in the growth of chocolate confectionery in the forecast period, it is still expected to deliver a decent performance despite tough competition from categories such as savoury snacks and snack bars, which offer products aligned with the rising health and wellness trend among consumers. However, chocolate has always been a strong product that fulfils indulgence and remains the primary choice for festivities and celebrations.
The health and wellness trend, which has gained momentum since the pandemic, is expected to continue growing in the forecast period. Consumers are increasingly mindful of product labels and reducing their consumption of products containing sugar, artificial sweeteners, and other additives.
As consumers become more mobile, convenience channels such as forecourt retailers and convenience stores are expected to maintain their performance in the forecast period. Additionally, online retail will continue to flourish as it offers enhanced convenience for consumers.
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Understand the latest market trends and future growth opportunities for the Chocolate Confectionery industry in Canada with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
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Chocolate Confectionery
This is the aggregation of tablets, countlines, chocolate pouches and bags, boxed assortments, seasonal chocolate, chocolate with toys, and other chocolate confectionery. Nuts and fruits covered in chocolate are included in this category. Note that chocolate overtly positioned for baking/cooking purposes is excluded from Euromonitor International's confectionery coverage.
See All of Our DefinitionsThis report originates from Passport, our Chocolate Confectionery research and analysis database.
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