The revenue in the 'Chocolate Confectionery' segment of the food market in Latin America was forecast to continuously increase between 2024 and 2029 by in total 2.8 billion U.S. dollars (+29.88 percent). After the ninth consecutive increasing year, the revenue is estimated to reach 12.16 billion U.S. dollars and therefore a new peak in 2029.
Data provided by Statista Market Insights are estimates.
Definition:
Chocolate and chocolate products are part of the Chocolate Confectionery segment. This includes chocolate bars, candy bars, and pralines. Cookies and spreads containing cocoa are excluded from this segment. The five major chocolate manufacturers in the world are Mondelez International, Mars, Nestlé, Ferrero, and Hershey.
Additional Information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram). The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption, out-of-home consumption is not included.
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Statista. (September 27, 2024). Market revenue of the confectionary chocolate industry in Latin America and the Caribbean from 2018 to 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 05, 2024, from https://www.statista.com/forecasts/1465273/chocolate-confectionery-market-revenue-in-latin-america
Statista. "Market revenue of the confectionary chocolate industry in Latin America and the Caribbean from 2018 to 2029 (in billion U.S. dollars)." Chart. September 27, 2024. Statista. Accessed November 05, 2024. https://www.statista.com/forecasts/1465273/chocolate-confectionery-market-revenue-in-latin-america
Statista. (2024). Market revenue of the confectionary chocolate industry in Latin America and the Caribbean from 2018 to 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 05, 2024. https://www.statista.com/forecasts/1465273/chocolate-confectionery-market-revenue-in-latin-america
Statista. "Market Revenue of The Confectionary Chocolate Industry in Latin America and The Caribbean from 2018 to 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 27 Sep 2024, https://www.statista.com/forecasts/1465273/chocolate-confectionery-market-revenue-in-latin-america
Statista, Market revenue of the confectionary chocolate industry in Latin America and the Caribbean from 2018 to 2029 (in billion U.S. dollars) Statista, https://www.statista.com/forecasts/1465273/chocolate-confectionery-market-revenue-in-latin-america (last visited November 05, 2024)
Market revenue of the confectionary chocolate industry in Latin America and the Caribbean from 2018 to 2029 (in billion U.S. dollars) [Graph], Statista, September 27, 2024. [Online]. Available: https://www.statista.com/forecasts/1465273/chocolate-confectionery-market-revenue-in-latin-america