The North America Wine Chocolate Market would witness market growth of 6.7% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 28929.67 thousand units (Pack of 6), showcasing a growth of 7.0% (2019-2022).
The increasing availability of wine chocolate products through retail outlets, online platforms, specialty food stores, and gourmet boutiques has expanded consumer access and awareness. Within the broader confectionery and chocolate industry, wine chocolate represents a specialized segment characterized by its unique flavor profiles, premium ingredients, and gourmet appeal. Chocolate manufacturers, chocolatiers, and artisans produce wine chocolate products that cater to discerning consumers seeking indulgent and distinctive chocolate experiences.
Furthermore, as wine chocolate becomes more accessible and visible in the marketplace, consumers are more likely to incorporate it into their culinary repertoire and indulgence rituals. Manufacturers and retailers of wine chocolate leverage innovative marketing strategies, branding initiatives, and experiential marketing campaigns to engage consumers and drive adoption. By highlighting the premium quality, artisanal craftsmanship, and unique flavor profiles of wine chocolate, brands capture the attention and loyalty of discerning consumers seeking distinctive and memorable chocolate experiences.
The growth of Canadian wine exports opens up new international markets and distribution channels for Canadian wine chocolate products. According to the Canadian government, in 2021, Canadian wine exports rebounded with a record valuation of $92 million, exports have increased in value by 29% over 2020 and 15% over the last five years. Therefore, increasing wine exports and growing regional tourism propel the market’s growth.
The US market dominated the North America Wine Chocolate Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $320.4 Million by 2030. The Canada market is experiencing a CAGR of 9.1% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 8.1% during (2023 - 2030).
Based on Form, the market is segmented into Liquid, and Solid. Based on Wine Type, the market is segmented into Red Wine, White Wine, and Others. Based on Distribution Channel, the market is segmented into Specialty Stores, Supermarkets/Hypermarkets, Online Stores, and Convenience Stores. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The increasing availability of wine chocolate products through retail outlets, online platforms, specialty food stores, and gourmet boutiques has expanded consumer access and awareness. Within the broader confectionery and chocolate industry, wine chocolate represents a specialized segment characterized by its unique flavor profiles, premium ingredients, and gourmet appeal. Chocolate manufacturers, chocolatiers, and artisans produce wine chocolate products that cater to discerning consumers seeking indulgent and distinctive chocolate experiences.
Furthermore, as wine chocolate becomes more accessible and visible in the marketplace, consumers are more likely to incorporate it into their culinary repertoire and indulgence rituals. Manufacturers and retailers of wine chocolate leverage innovative marketing strategies, branding initiatives, and experiential marketing campaigns to engage consumers and drive adoption. By highlighting the premium quality, artisanal craftsmanship, and unique flavor profiles of wine chocolate, brands capture the attention and loyalty of discerning consumers seeking distinctive and memorable chocolate experiences.
The growth of Canadian wine exports opens up new international markets and distribution channels for Canadian wine chocolate products. According to the Canadian government, in 2021, Canadian wine exports rebounded with a record valuation of $92 million, exports have increased in value by 29% over 2020 and 15% over the last five years. Therefore, increasing wine exports and growing regional tourism propel the market’s growth.
The US market dominated the North America Wine Chocolate Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $320.4 Million by 2030. The Canada market is experiencing a CAGR of 9.1% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 8.1% during (2023 - 2030).
Based on Form, the market is segmented into Liquid, and Solid. Based on Wine Type, the market is segmented into Red Wine, White Wine, and Others. Based on Distribution Channel, the market is segmented into Specialty Stores, Supermarkets/Hypermarkets, Online Stores, and Convenience Stores. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Lindt & Sprungli AG
- Raaka Chocolate Ltd.
- Ferrero International S.A.
- Yildiz Holding A.S.
- Neuhaus Inc
- Alfred Ritter GmbH & Co. KG
- Duc d'O (Baronie Belgium NV/SA)
- Halloren Chocolate Factory AG
- Toms Gruppen A/S
- Underberg AG (Semper idem Underberg AG)
Market Report Segmentation
By Form (Volume, Thousand Units (PACK OF 6), USD Billion, 2019-2030)- Liquid
- Solid
- Red Wine
- White Wine
- Others
- Specialty Stores
- Supermarkets/Hypermarkets
- Online Stores
- Convenience Stores
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. North America Wine Chocolate Market by Form
Chapter 5. North America Wine Chocolate Market by Wine Type
Chapter 6. North America Wine Chocolate Market by Distribution Channel
Chapter 7. North America Wine Chocolate Market by Country
Chapter 8. Company Profiles
Companies Mentioned
- Lindt & Sprungli AG
- Raaka Chocolate Ltd.
- Ferrero International S.A.
- Yildiz Holding A.S.
- Neuhaus Inc
- Alfred Ritter GmbH & Co. KG
- Duc d'O (Baronie Belgium NV/SA)
- Halloren Chocolate Factory AG
- Toms Gruppen A/S
- Underberg AG (Semper idem Underberg AG)
Methodology
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