Hungary Chocolate Confectionery Market 2024

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Forecasted to grow at a moderate pace, the Hungary chocolate confectionery market size is expected to reach USD 919.1 million by 2029, up from USD 674.2 million in 2023, resulting in a CAGR of 5.3%. Hungary’s chocolate confectionery market is driven by the rising demand for premium and high-quality chocolates, particularly among younger, more affluent consumers. As disposable incomes increase, there is a notable shift toward imported and artisanal chocolates, with an emphasis on innovative flavors and packaging. Seasonal events, including Christmas and Valentine’s Day, continue to play a major role in boosting chocolate sales, with consumers increasingly turning to premium offerings for gifting purposes.

The report offers a comprehensive evaluation of the Hungary chocolate confectionery market, presenting crucial data on historical market size, growth patterns, and future projections. It provides a thorough breakdown of market segments and sub-segments, with a focus on key variables such as product type, type and distribution channel. This comprehensive evaluation aids in identifying the growth potential within the chocolate confectionery industry.


Market Segmentation


The Hungary chocolate confectionery market is classified 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, discounters, food and drinks stores, grocery stores, vending, e-commerce, others

In Hungary, the chocolate confectionery market is segmented by product type, type and distribution channel. By product type, the market is categorized into boxed chocolates, countlines, pouches and bags, tablets, chocolate with toys, seasonal chocolates, and others. Type segments encompass regular, and sugar-free. Distribution channel segmentation comprises convenience stores, forecourt stores, supermarkets and hypermarkets, discounters, food and drinks stores, grocery stores, vending, e-commerce, and others.


Competitive Landscape


The competitive landscape of the chocolate confectionery industry has been thoroughly analyzed, highlighting key players such as Wawel S.A., Vadasz Csokolade Kft., Toms Group A/S, The Belgian Chocolate Group, Szerencsi Bonbon Kft., Szamos Marcipan Kft., Stuhmer Kft., Roshen Confectionery Corporation, Nestle S.A., Mondelez International Inc., Merisant Company, Mars Incorporated, Ludwig Schokolade GmbH & Co. KG, Ferrero International S.A., EcoFinia GmbH, Chocoladefabriken Lindt & Sprungli AG, Chocco Garden Kft., August Storck KG and Alfred Ritter GmbH & Co. KG.

This analysis offers a comprehensive overview of the main players in the chocolate confectionery market, evaluating their performance trends from 2019 to 2023. Key findings illustrate shifts in market share, identifying both dominant firms and rising competitors.


Why Buy This Report?


Obtain precise statistical data and forecasts for the Hungary chocolate confectionery market.
Gain in-depth analysis and forecasts for the key segments of the Hungary chocolate confectionery market: product type, type and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Hungary chocolate confectionery market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Hungary chocolate confectionery market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
A single unlimited user license within the same organization, with no additional charges for extra users.


Table of Contents


TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Hungary Chocolate Confectionery Market – Product Type Analysis
Hungary Chocolate Confectionery Market – Type Analysis
Hungary Chocolate Confectionery Market – Distribution Channel Analysis
Key Players and Market Share
– Wawel S.A.
– Vadasz Csokolade Kft.
– Toms Group A/S
– The Belgian Chocolate Group
– Szerencsi Bonbon Kft.
– Szamos Marcipan Kft.
– Stuhmer Kft.
– Roshen Confectionery Corporation
– Nestle S.A.

Macroeconomic Data and Forecast
Disclaimer

FIGURES AND TABLES
Table Hungary Chocolate Confectionery Market 2019-2029
Chart Hungary Chocolate Confectionery Market, Net Growth, 2019-2029
Chart Hungary Chocolate Confectionery Market, Growth Rates, 2019-2029
Table Hungary Chocolate Confectionery Market by Product Type, 2019-2029
Chart Hungary Chocolate Confectionery Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Hungary Chocolate Confectionery Market by Product Type, 2019-2029
Table Hungary Chocolate Confectionery Market by Type, 2019-2029
Chart Hungary Chocolate Confectionery Market by Type, CAGR Historic and Forecast, 2019-2029
Chart Hungary Chocolate Confectionery Market by Type, 2019-2029
Table Hungary Chocolate Confectionery Market by Distribution Channel, 2019-2029
Chart Hungary Chocolate Confectionery Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Hungary Chocolate Confectionery Market by Distribution Channel, 2019-2029
Table Hungary Chocolate Confectionery Market Share (%), by Companies, 2019-2023
Chart Hungary Chocolate Confectionery Market, by Companies, 2023
Table Hungary Chocolate Confectionery Market Share (%), by Brands, 2019-2023
Chart Hungary Chocolate Confectionery Market, by Brands, 2023
Table Hungary – Population (Millions) and Forecast
Table Hungary – Consumer Price Index (CPI) and Forecast
Table Hungary – Gross Domestic Product and Forecast
Table Hungary Chocolate Confectionery Market: Spend as a Proportion of GDP (%)
Table Hungary Chocolate Confectionery Market: Consumption per Capita (Population)


Companies Mentioned


Wawel S.A.
Vadasz Csokolade Kft.
Toms Group A/S
The Belgian Chocolate Group
Szerencsi Bonbon Kft.
Szamos Marcipan Kft.
Stuhmer Kft.
Roshen Confectionery Corporation
Nestle S.A.
Mondelez International Inc.
Merisant Company
Mars, Incorporated
Ludwig Schokolade GmbH & Co. KG
Ferrero International S.A.
EcoFinia GmbH
Chocoladefabriken Lindt & Sprungli AG
Chocco Garden Kft.
August Storck KG
Alfred Ritter GmbH & Co. KG


Product Type

Industry Statistics

Region

Europe

Published Date

2024

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