The Hong Kong chocolate confectionery sector is poised for a dynamic growth phase, anticipating an increase of USD 142.9 million and a compound annual growth rate (CAGR) of approximately 7.1% from 2024 to 2029. The chocolate confectionery market in Hong Kong is driven by a sophisticated consumer base with a strong preference for premium and imported chocolates. The city’s vibrant gifting culture during holidays and special occasions significantly boosts demand. Additionally, the growing trend of health-conscious consumers seeking dark and low-sugar chocolates is shaping the market, supported by a robust retail and e-commerce infrastructure.
This report provides a thorough assessment of the Hong Kong chocolate confectionery industry, presenting key market data including historical performance, growth trends, and future outlooks. It delves into various market segments and sub-segments, with a focus on important factors like product type, type and distribution channel. Through this detailed assessment, the report helps uncover the growth potential of the chocolate confectionery industry.
Market Segmentation
The Hong Kong chocolate confectionery market is categorized into the following segments:
Product type: boxed chocolates, countlines, pouches and bags, tablets, chocolate with toys, seasonal chocolates, others
Type: regular, sugar-free
Distribution channel: convenience stores, forecourt stores, supermarkets and hypermarkets, food and drinks stores, grocery stores, e-commerce, others
The Hong Kong chocolate confectionery market is categorized by product type, type and distribution channel. By product type, the market includes boxed chocolates, countlines, pouches and bags, tablets, chocolate with toys, seasonal chocolates, and others. Type segmentation includes regular, and sugar-free. Distribution channel segmentation comprises convenience stores, forecourt stores, supermarkets and hypermarkets, food and drinks stores, grocery stores, e-commerce, and others.
Competitive Landscape
The Hong Kong chocolate confectionery market remains highly competitive, with major players including Tootsie Roll Industries Inc., The Hershey Company, Nestle S.A., Morinaga & Company Ltd., Mondelez International Inc., Meiji Holdings Co. Ltd., Mars Incorporated, Ferrero International S.A., Chocoladefabriken Lindt & Sprungli AG, Brown & Haley Inc. and August Storck KG.
This comprehensive report analyzes the performance of leading companies in the chocolate confectionery sector from 2019 to 2023. The findings highlight shifts in market share, revealing both established market leaders and emerging competitors.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Hong Kong chocolate confectionery market.
Gain in-depth analysis and forecasts for the key segments of the Hong Kong chocolate confectionery market: product type, type and distribution channel.
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Gain deep insights into the dynamics of the Hong Kong chocolate confectionery market.
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Anticipate the future trajectory of the Hong Kong chocolate confectionery market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Hong Kong Chocolate Confectionery Market – Product Type Analysis
Hong Kong Chocolate Confectionery Market – Type Analysis
Hong Kong Chocolate Confectionery Market – Distribution Channel Analysis
Key Players and Market Share
– Tootsie Roll Industries Inc.
– The Hershey Company
– Nestle S.A.
– Morinaga & Company, Ltd.
– Mondelez International Inc.
– Meiji Holdings Co., Ltd.
– Mars, Incorporated
– Ferrero International S.A.
– Chocoladefabriken Lindt & Sprungli AG
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Hong Kong Chocolate Confectionery Market 2019-2029
Chart Hong Kong Chocolate Confectionery Market, Net Growth, 2019-2029
Chart Hong Kong Chocolate Confectionery Market, Growth Rates, 2019-2029
Table Hong Kong Chocolate Confectionery Market by Product Type, 2019-2029
Chart Hong Kong Chocolate Confectionery Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Hong Kong Chocolate Confectionery Market by Product Type, 2019-2029
Table Hong Kong Chocolate Confectionery Market by Type, 2019-2029
Chart Hong Kong Chocolate Confectionery Market by Type, CAGR Historic and Forecast, 2019-2029
Chart Hong Kong Chocolate Confectionery Market by Type, 2019-2029
Table Hong Kong Chocolate Confectionery Market by Distribution Channel, 2019-2029
Chart Hong Kong Chocolate Confectionery Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Hong Kong Chocolate Confectionery Market by Distribution Channel, 2019-2029
Table Hong Kong Chocolate Confectionery Market Share (%), by Companies, 2019-2023
Chart Hong Kong Chocolate Confectionery Market, by Companies, 2023
Table Hong Kong Chocolate Confectionery Market Share (%), by Brands, 2019-2023
Chart Hong Kong Chocolate Confectionery Market, by Brands, 2023
Table Hong Kong – Population (Millions) and Forecast
Table Hong Kong – Consumer Price Index (CPI) and Forecast
Table Hong Kong – Gross Domestic Product and Forecast
Table Hong Kong Chocolate Confectionery Market: Spend as a Proportion of GDP (%)
Table Hong Kong Chocolate Confectionery Market: Consumption per Capita (Population)
Companies Mentioned
Tootsie Roll Industries Inc.
The Hershey Company
Nestle S.A.
Morinaga & Company, Ltd.
Mondelez International Inc.
Meiji Holdings Co., Ltd.
Mars, Incorporated
Ferrero International S.A.
Chocoladefabriken Lindt & Sprungli AG
Brown & Haley, Inc.
August Storck KG