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Chocolate Market in South America 2024-2028

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    Report

  • 140 Pages
  • December 2024
  • TechNavio
  • ID: 5547441
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The chocolate market in south america is forecasted to grow by USD 3.63 billion during 2023-2028, accelerating at a CAGR of 4.7% during the forecast period. The report on the chocolate market in south america provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising awareness regarding health benefits offered by chocolate, increasing marketing activities, and growing demand for customized chocolate.

The chocolate market in south america is segmented as below:

By Product

  • Dark chocolate
  • Milk and white chocolate

By Geographical Landscape

  • South America
This study identifies the impulse purchasing behavior of consumers as one of the prime reasons driving the chocolate market in south america growth during the next few years. Also, rising demand for premium chocolate and introduction of organic, vegan, and sugar and gluten-free chocolate will lead to sizable demand in the market.

The report on the chocolate market in south america covers the following areas:

  • Chocolate Market in South America sizing
  • Chocolate Market in South America forecast
  • Chocolate Market in South America industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading chocolate market in south america vendors that include Arcor Group, Barry Callebaut AG, Blommer Chocolate Co., Cacau Show, Cargill Inc., Chocoladefabriken Lindt and Sprungli AG, Colombina, Corporativo Bimbo SA de CV, Dori Alimentos SA, Empresas Carozzi S.A., Ferrero International S.A., Grupo Nutresa, Mars Inc., Mondelez International Inc., Nestle SA, Puratos, and The Hershey Co. Also, the chocolate market in south america analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Product
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
Value Chain Analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
Market segments
4.3 Market size 2023
4.4 Market outlook: Forecast for 2023-2028
Chart on South America - Market size and forecast 2023-2028 ($ million)
Data Table on Regional - Market size and forecast 2023-2028 ($ million)
Chart on South America: Year-over-year growth 2023-2028 (%)
Data Table on Regional - Market size and forecast 2023-2028 ($ million)
5 Historic Market Size
5.1 Chocolate Market in South America 2018 - 2022
Historic Market Size - Data Table on Chocolate Market in South America 2018 - 2022 ($ million)
5.2 Product segment analysis 2018 - 2022
Historic Market Size - Product Segment 2018 - 2022 ($ million)
5.3 Geography segment analysis 2018 - 2022
Historic Market Size - Geography Segment 2018 - 2022 ($ million)
6 Qualitative Analysis
6.1 Impact of AI on Chocolate Market in South America
7 Five Forces Analysis
7.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
7.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
8 Market Segmentation by Product
8.1 Market segments
Chart on Product - Market share 2023-2028 (%)
Data Table on Product - Market share 2023-2028 (%)
8.2 Comparison by Product
Chart on Comparison by Product
Data Table on Comparison by Product
8.3 Dark chocolate - Market size and forecast 2023-2028
Chart on Dark chocolate - Market size and forecast 2023-2028 ($ million)
Data Table on Dark chocolate - Market size and forecast 2023-2028 ($ million)
Chart on Dark chocolate - Year-over-year growth 2023-2028 (%)
Data Table on Dark chocolate - Year-over-year growth 2023-2028 (%)
8.4 Milk and white chocolate - Market size and forecast 2023-2028
Chart on Milk and white chocolate - Market size and forecast 2023-2028 ($ million)
Data Table on Milk and white chocolate - Market size and forecast 2023-2028 ($ million)
Chart on Milk and white chocolate - Year-over-year growth 2023-2028 (%)
Data Table on Milk and white chocolate - Year-over-year growth 2023-2028 (%)
8.5 Market opportunity by Product
Market opportunity by Product ($ million)
Data Table on Market opportunity by Product ($ million)
9 Customer Landscape
9.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
10 Geographic Landscape
10.1 Geographic segmentation
Chart on Market share By Geographical Landscape - 2023-2028 (%)
Data Table on Market share By Geographical Landscape - 2023-2028 (%)
10.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
10.3 Brazil - Market size and forecast 2023-2028
Chart on Brazil - Market size and forecast 2023-2028 ($ million)
Data Table on Brazil - Market size and forecast 2023-2028 ($ million)
Chart on Brazil - Year-over-year growth 2023-2028 (%)
Data Table on Brazil - Year-over-year growth 2023-2028 (%)
10.4 Chile - Market size and forecast 2023-2028
Chart on Chile - Market size and forecast 2023-2028 ($ million)
Data Table on Chile - Market size and forecast 2023-2028 ($ million)
Chart on Chile - Year-over-year growth 2023-2028 (%)
Data Table on Chile - Year-over-year growth 2023-2028 (%)
10.5 Rest of South America - Market size and forecast 2023-2028
Chart on Rest of South America - Market size and forecast 2023-2028 ($ million)
Data Table on Rest of South America - Market size and forecast 2023-2028 ($ million)
Chart on Rest of South America - Year-over-year growth 2023-2028 (%)
Data Table on Rest of South America - Year-over-year growth 2023-2028 (%)
10.6 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Table on Market opportunity By Geographical Landscape ($ million)
11 Drivers, Challenges, and Opportunity/Restraints
11.1 Market drivers
11.2 Market challenges
11.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
11.4 Market opportunities/restraints
12 Competitive Landscape
12.1 Overview
12.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
12.3 Landscape disruption
Overview on factors of disruption
12.4 Industry risks
Impact of key risks on business
13 Competitive Analysis
13.1 Companies profiled
Companies covered
13.2 Company ranking index
Company ranking index
13.3 Market positioning of companies
Matrix on companies position and classification
13.4 Arcor Group
Arcor Group - Overview
Arcor Group - Product / Service
Arcor Group - Key offerings
SWOT
13.5 Chocoladefabriken Lindt and Sprungli AG
Chocoladefabriken Lindt and Sprungli AG - Overview
Chocoladefabriken Lindt and Sprungli AG - Business segments
Chocoladefabriken Lindt and Sprungli AG - Key news
Chocoladefabriken Lindt and Sprungli AG - Key offerings
Chocoladefabriken Lindt and Sprungli AG - Segment focus
SWOT
13.6 Colombina
Colombina - Overview
Colombina - Product / Service
Colombina - Key offerings
SWOT
13.7 Dori Alimentos SA
Dori Alimentos SA - Overview
Dori Alimentos SA - Product / Service
Dori Alimentos SA - Key offerings
SWOT
13.8 Empresas Carozzi S.A.
Empresas Carozzi S.A. - Overview
Empresas Carozzi S.A. - Product / Service
Empresas Carozzi S.A. - Key offerings
SWOT
13.9 Ferrero International S.A.
Ferrero International S.A. - Overview
Ferrero International S.A. - Product / Service
Ferrero International S.A. - Key news
Ferrero International S.A. - Key offerings
SWOT
13.10 Mars Inc.
Mars Inc. - Overview
Mars Inc. - Product / Service
Mars Inc. - Key news
Mars Inc. - Key offerings
SWOT
13.11 Mondelez International Inc.
Mondelez International Inc. - Overview
Mondelez International Inc. - Business segments
Mondelez International Inc. - Key news
Mondelez International Inc. - Key offerings
Mondelez International Inc. - Segment focus
SWOT
13.12 Nestle SA
Nestle SA - Overview
Nestle SA - Business segments
Nestle SA - Key news
Nestle SA - Key offerings
Nestle SA - Segment focus
SWOT
13.13 The Hershey Co.
The Hershey Co. - Overview
The Hershey Co. - Business segments
The Hershey Co. - Key news
The Hershey Co. - Key offerings
The Hershey Co. - Segment focus
SWOT
14 Appendix
14.1 Scope of the report
14.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
14.3 Currency conversion rates for US$
Currency conversion rates for US$
14.4 Research methodology
Research methodology
14.5 Data procurement
Information sources
14.6 Data validation
Data validation
14.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
14.8 Data synthesis
Data synthesis
14.9 360 degree market analysis
360 degree market analysis
14.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Product
Exhibits 6: Executive Summary - Chart on Incremental Growth
Exhibits 7: Executive Summary - Data Table on Incremental Growth
Exhibits 8: Executive Summary - Chart on Company Market Positioning
Exhibits 9: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 10: Overview on criticality of inputs and factors of differentiation
Exhibits 11: Overview on factors of disruption
Exhibits 12: Impact of drivers and challenges in 2023 and 2028
Exhibits 13: Parent Market
Exhibits 14: Data Table on - Parent Market
Exhibits 15: Market characteristics analysis
Exhibits 16: Value Chain Analysis
Exhibits 17: Offerings of companies included in the market definition
Exhibits 18: Market segments
Exhibits 19: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibits 20: Data Table on Regional - Market size and forecast 2023-2028 ($ million)
Exhibits 21: Chart on South America: Year-over-year growth 2023-2028 (%)
Exhibits 22: Data Table on Regional - Market size and forecast 2023-2028 ($ million)
Exhibits 23: Historic Market Size - Data Table on Chocolate Market in South America 2018 - 2022 ($ million)
Exhibits 24: Historic Market Size - Product Segment 2018 - 2022 ($ million)
Exhibits 25: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
Exhibits 26: Five forces analysis - Comparison between 2023 and 2028
Exhibits 27: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 28: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 29: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 30: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 31: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 32: Chart on Market condition - Five forces 2023 and 2028
Exhibits 33: Chart on Product - Market share 2023-2028 (%)
Exhibits 34: Data Table on Product - Market share 2023-2028 (%)
Exhibits 35: Chart on Comparison by Product
Exhibits 36: Data Table on Comparison by Product
Exhibits 37: Chart on Dark chocolate - Market size and forecast 2023-2028 ($ million)
Exhibits 38: Data Table on Dark chocolate - Market size and forecast 2023-2028 ($ million)
Exhibits 39: Chart on Dark chocolate - Year-over-year growth 2023-2028 (%)
Exhibits 40: Data Table on Dark chocolate - Year-over-year growth 2023-2028 (%)
Exhibits 41: Chart on Milk and white chocolate - Market size and forecast 2023-2028 ($ million)
Exhibits 42: Data Table on Milk and white chocolate - Market size and forecast 2023-2028 ($ million)
Exhibits 43: Chart on Milk and white chocolate - Year-over-year growth 2023-2028 (%)
Exhibits 44: Data Table on Milk and white chocolate - Year-over-year growth 2023-2028 (%)
Exhibits 45: Market opportunity by Product ($ million)
Exhibits 46: Data Table on Market opportunity by Product ($ million)
Exhibits 47: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 48: Chart on Market share By Geographical Landscape - 2023-2028 (%)
Exhibits 49: Data Table on Market share By Geographical Landscape - 2023-2028 (%)
Exhibits 50: Chart on Geographic comparison
Exhibits 51: Data Table on Geographic comparison
Exhibits 52: Chart on Brazil - Market size and forecast 2023-2028 ($ million)
Exhibits 53: Data Table on Brazil - Market size and forecast 2023-2028 ($ million)
Exhibits 54: Chart on Brazil - Year-over-year growth 2023-2028 (%)
Exhibits 55: Data Table on Brazil - Year-over-year growth 2023-2028 (%)
Exhibits 56: Chart on Chile - Market size and forecast 2023-2028 ($ million)
Exhibits 57: Data Table on Chile - Market size and forecast 2023-2028 ($ million)
Exhibits 58: Chart on Chile - Year-over-year growth 2023-2028 (%)
Exhibits 59: Data Table on Chile - Year-over-year growth 2023-2028 (%)
Exhibits 60: Chart on Rest of South America - Market size and forecast 2023-2028 ($ million)
Exhibits 61: Data Table on Rest of South America - Market size and forecast 2023-2028 ($ million)
Exhibits 62: Chart on Rest of South America - Year-over-year growth 2023-2028 (%)
Exhibits 63: Data Table on Rest of South America - Year-over-year growth 2023-2028 (%)
Exhibits 64: Market opportunity By Geographical Landscape ($ million)
Exhibits 65: Data Table on Market opportunity By Geographical Landscape ($ million)
Exhibits 66: Impact of drivers and challenges in 2023 and 2028
Exhibits 67: Overview on criticality of inputs and factors of differentiation
Exhibits 68: Overview on factors of disruption
Exhibits 69: Impact of key risks on business
Exhibits 70: Companies covered
Exhibits 71: Company ranking index
Exhibits 72: Matrix on companies position and classification
Exhibits 73: Arcor Group - Overview
Exhibits 74: Arcor Group - Product / Service
Exhibits 75: Arcor Group - Key offerings
Exhibits 76: SWOT
Exhibits 77: Chocoladefabriken Lindt and Sprungli AG - Overview
Exhibits 78: Chocoladefabriken Lindt and Sprungli AG - Business segments
Exhibits 79: Chocoladefabriken Lindt and Sprungli AG - Key news
Exhibits 80: Chocoladefabriken Lindt and Sprungli AG - Key offerings
Exhibits 81: Chocoladefabriken Lindt and Sprungli AG - Segment focus
Exhibits 82: SWOT
Exhibits 83: Colombina - Overview
Exhibits 84: Colombina - Product / Service
Exhibits 85: Colombina - Key offerings
Exhibits 86: SWOT
Exhibits 87: Dori Alimentos SA - Overview
Exhibits 88: Dori Alimentos SA - Product / Service
Exhibits 89: Dori Alimentos SA - Key offerings
Exhibits 90: SWOT
Exhibits 91: Empresas Carozzi S.A. - Overview
Exhibits 92: Empresas Carozzi S.A. - Product / Service
Exhibits 93: Empresas Carozzi S.A. - Key offerings
Exhibits 94: SWOT
Exhibits 95: Ferrero International S.A. - Overview
Exhibits 96: Ferrero International S.A. - Product / Service
Exhibits 97: Ferrero International S.A. - Key news
Exhibits 98: Ferrero International S.A. - Key offerings
Exhibits 99: SWOT
Exhibits 100: Mars Inc. - Overview
Exhibits 101: Mars Inc. - Product / Service
Exhibits 102: Mars Inc. - Key news
Exhibits 103: Mars Inc. - Key offerings
Exhibits 104: SWOT
Exhibits 105: Mondelez International Inc. - Overview
Exhibits 106: Mondelez International Inc. - Business segments
Exhibits 107: Mondelez International Inc. - Key news
Exhibits 108: Mondelez International Inc. - Key offerings
Exhibits 109: Mondelez International Inc. - Segment focus
Exhibits 110: SWOT
Exhibits 111: Nestle SA - Overview
Exhibits 112: Nestle SA - Business segments
Exhibits 113: Nestle SA - Key news
Exhibits 114: Nestle SA - Key offerings
Exhibits 115: Nestle SA - Segment focus
Exhibits 116: SWOT
Exhibits 117: The Hershey Co. - Overview
Exhibits 118: The Hershey Co. - Business segments
Exhibits 119: The Hershey Co. - Key news
Exhibits 120: The Hershey Co. - Key offerings
Exhibits 121: The Hershey Co. - Segment focus
Exhibits 122: SWOT
Exhibits 123: Inclusions checklist
Exhibits 124: Exclusions checklist
Exhibits 125: Currency conversion rates for US$
Exhibits 126: Research methodology
Exhibits 127: Information sources
Exhibits 128: Data validation
Exhibits 129: Validation techniques employed for market sizing
Exhibits 130: Data synthesis
Exhibits 131: 360 degree market analysis
Exhibits 132: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the chocolate market in south america: Arcor Group, Barry Callebaut AG, Blommer Chocolate Co., Cacau Show, Cargill Inc., Chocoladefabriken Lindt and Sprungli AG, Colombina, Corporativo Bimbo SA de CV, Dori Alimentos SA, Empresas Carozzi S.A., Ferrero International S.A., Grupo Nutresa, Mars Inc., Mondelez International Inc., Nestle SA, Puratos, and The Hershey Co..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is impulse purchasing behavior of consumers."

According to the report, one of the major drivers for this market is the rising awareness regarding health benefits offered by chocolate.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Arcor Group
  • Barry Callebaut AG
  • Blommer Chocolate Co.
  • Cacau Show
  • Cargill Inc.
  • Chocoladefabriken Lindt and Sprungli AG
  • Colombina
  • Corporativo Bimbo SA de CV
  • Dori Alimentos SA
  • Empresas Carozzi S.A.
  • Ferrero International S.A.
  • Grupo Nutresa
  • Mars Inc.
  • Mondelez International Inc.
  • Nestle SA
  • Puratos
  • The Hershey Co.