The Market value (retail sales value) of Chocolate Industry in United Kingdom attained a value of USD 6,167.99 Millions in 2020
The Industry recorded a historical decline (CAGR) of 1.31% between 2017 to 2020, and is expected to grow by ...
GlobalData projects the Industry to grow at a CAGR of ...
The chocolate market in the UK has been declining since 2018 and was the lowest in 2020 in the last four years. Chocolate was the leading category in the confectionery industry in the UK.
Mondelez International, Inc, Mars, Incorporated, Nestle, Chocoladefabriken Lindt & Sprüngli, and Ferrero were the top five largest players in the chocolate market in 2020. More than half of the market share in terms of value is captured by the top five players.
Cadbury, Nestle, Lindt, Galaxy, and Maltesers were the top five leading brands in the chocolate market. The brands cumulatively covered a significant stake in the UK’s chocolate market by value.
Chocolate includes boxed chocolates, molded chocolate bars, chocolate-covered bars whether in single bars or bite-sized versions sold in multipacks, seasonal novelties, and local specialties. Chocolate Includes milk chocolate and excludes cooking chocolate.
Mondelez International, Inc, leads the way in the UK chocolate market in 2020
Mondelez International, Inc, was the leading company in the chocolate market in the UK. Cadbury, Green & Black`s, Fry`s, Terry`s, and Milka were the major brands of Mondelez International. The company’s market value has declined during the period 2019-2020.
Mars, Incorporated ranked second in the UK chocolate market
Galaxy, Maltesers, Celebrations, Mars, and M & M`s were the top brands of Mars, Incorporated. Galaxy was the leading brand among the other brands under Mars, Incorporated. The company reported negative YoY growth in 2020.
The other market-leading positions were held by Nestle, Chocoladefabriken Lindt & Sprungli AG, and Ferrero.
Nestle and Chocoladefabriken Lindt & Sprüngli held the third and fourth-largest market share in the UK’s chocolate market.
Nestle and Munchies were the leading brands under Nestle to capture a major market presence in the UK’s chocolate market.
Lindt was the major brand of Chocoladefabriken Lindt & Sprungli AG, accounting for a major share in the UK’s chocolate industry in 2020.
Market Fragmentation: Mondelez International, Inc accounted for more than one-fourth of the UK’s chocolate market (by value) in 2020
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