The positive performance of chocolate confectionery is expected to continue over the forecast period in both retail volume and current value terms. However, a further slowdown in growth is likely to be observed, as manufacturers face increasing prices and are passing these costs on to consumers.
Gifting has become an important source of growth for companies within chocolate confectionery. Constant increases in prices overall have limited the range of products that consumers can afford for different gifting occasions.
Although there are many brands available in the market, sales of chocolate confectionery are concentrated amongst a few major players; and the acquisition of Ricolino by Mondelez is expected to strengthen the level of concentration over the forecast period. Rather than expecting new players, it is likely that chocolate confectionery brands will expand further towards other categories.
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Understand the latest market trends and future growth opportunities for the Chocolate Confectionery industry in Mexico 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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