The long-term forecast for chocolate confectionery largely depends on what measures will be taken to overcome the war in Ukraine and developing ways to keep unit prices competitive. However, in general, it is expected that the category will see single-digit volume growth over the forecast period as players find ways to manage higher costs such as revising product portfolios, reducing the size of single packaging, or offering new family formats.
In 2022, manufacturers were more restrained in new product development, as it was important to focus on maintaining the presence of existing brands and maintaining stock levels. Therefore, 2023 is expected to be more fruitful in terms of novelties and innovations.
The modern channel including convenience stores and supermarkets will drive sales of packaged chocolate confectionery versus unpacked chocolate. Pouches and bags are expected to see new product varieties emerge stimulating consumer interest.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Chocolate Confectionery industry in Georgia 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.
If you're in the Chocolate Confectionery industry in Georgia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Chocolate Confectionery
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 DefinitionsThis report originates from Passport, our Chocolate Confectionery research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!