Chocolate confectionery has quickly recovered to pre-pandemic levels and will continue to witness healthy growth in both volume and current value terms over the forecast period. Volume growth will remain stable while current value growth will dip dramatically in 2023 and continue steadily at the same healthy rate throughout the rest of the forecast period.
Though chocolate with toys will post positive growth over the forecast period, significant expansion is unlikely. Chocolate with toys is the smallest product area within chocolate confectionery and is seeing the slowest growth in 2022 – trends set to continue.
Products with high cocoa content are expected to perform particularly well over the forecast period. In addition to Cacao Hunters, Equiori and Chocolate Santander, Lok Foods and Sagu Co are notable names producing examples of high-cocoa chocolate.
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Understand the latest market trends and future growth opportunities for the Chocolate Confectionery industry in Colombia 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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This is the aggregation of tablets, countlines, bagged selflines/softlines, boxed assortments, seasonal chocolate, chocolate with toys, alfajores and other chocolate confectionery. Note that chocolate overtly positioned for baking/cooking purposes is excluded from Euromonitor International's confectionery coverage.See All of Our Definitions
This report originates from Passport, our Chocolate Confectionery research and analysis database.
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