Truffle Chocolate Market to record USD 1.22 Bn growth -- Driven by the increasing number of new product launches

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NEW YORK, Sept. 12, 2022 /PRNewswire/ -- The "Truffle Chocolate Market by Product and Geography - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. According to the report, the market size will grow by USD 1.22 billion between 2021 and 2026, accelerating at a CAGR of 4.17% during the forecast period. The report considers various aspects such as the consumer base, adoption rate, average selling price, revenue generated by vendors, and various other factors to estimate the market size. Download PDF Sample Report

Although the increasing number of new product launches will offer immense growth opportunities, distribution challenges will hamper the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The global truffle chocolate market was moderately fragmented because of the presence of a large number of regional and a few numbers of global vendors. The current market includes companies of varying sizes, some of which are more specialized than others with respect to distinct products.

Vendors compete on the basis of factors like price, quality, innovation, service, packaging, brand image, distribution, and promotion. Any technological advancement by one player can render products from other vendors obsolete or uneconomical. Vendors are included in the report based on their offerings for the global truffle chocolate market. They are identified based on their revenues, market dominance, geographical presence, product portfolio, and financials.

The report identifies AE Haigh Proprietary Ltd, Barry Callebaut AG, Chocolat Mathez, Cowgirl Chocolates, Delysia LLC, Ferrero International, Ganache Chocolate Australia Pty. Ltd., Hauser Chocolates, House of Knipschildt, Champlain Chocolate Co., Le Chocolat LLC, Confiserie Leonidas SA, Lindt and Sprungli AG, Lolli and Pops Inc., MarieBelle, Mondelez International Inc., Neuhaus NV, Purdys Chocolatier, Teuscher Chocolates of Switzerland, The Secret Truffletier, and Yildiz Holding AS are some of the major market participants. Request Sample Report Here

The global truffle chocolate market is segmented as below:

  • Product
    • Boxed Assortments-based Truffle Chocolate
    • Seasonal-based Truffle Chocolate

The market growth in the boxed assortments-based truffle chocolate segment will be significant over the forecast period. Boxed assortments-based truffle chocolate is the most preferred product among consumers. The demand for assorted truffle chocolate boxes is gaining traction, as vendors are offering such products with different flavors. In addition, vendors are offering innovative and fantasy figure boxes, which is attracting more consumers.

  • Geography
    • Europe
    • North America
    • APAC
    • South America
    • The Middle East and Africa

Europe is the key market for truffle chocolates, occupying 40% of the global market share. The presence of key vendors such as Yildiz Holding Inc., Chocoladefabriken Lindt and Sprungli AG, Teuscher Chocolates of Switzerland, and Ferrero International SA is driving the growth of the regional market. Also, the increase in the number of retail stores offering truffle chocolate is fostering the growth of the regional market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our truffle chocolate market report covers the following areas:

Truffle Chocolate Market 2022-2026: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the truffle chocolate market, including some of the dominant vendors. Backed with competitive intelligence and benchmarking, our research report on the truffle chocolate market is designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.

Truffle Chocolate Market 2022-2026: Key Highlights
  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will assist truffle chocolate market growth during the next five years
  • Estimation of the truffle chocolate market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the truffle chocolate market
  • Analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of truffle chocolate market vendors
Related Reports:

Truffle Chocolate Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 4.17%

Market growth 2022-2026

USD 1.22 billion

Market structure

Fragmented

YoY growth (%)

3.59

Regional analysis

Europe, North America, APAC, South America, and Middle East and Africa

Performing market contribution

Europe at 40%

Key consumer countries

US, Japan, UK, Germany, and France

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

AE Haigh Proprietary Ltd, Barry Callebaut AG, Chocolat Mathez, Cowgirl Chocolates, Delysia LLC, Ferrero International, Ganache Chocolate Australia Pty. Ltd., Hauser Chocolates, House of Knipschildt, Champlain Chocolate Co., Le Chocolat LLC, Confiserie Leonidas SA, Lindt and Sprungli AG, Lolli and Pops Inc., MarieBelle, Mondelez International Inc., Neuhaus NV, Purdys Chocolatier, Teuscher Chocolates of Switzerland, The Secret Truffletier, and Yildiz Holding AS

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table Of Contents:

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Product

  • 5.1 Market segments
    • Exhibit 24: Chart on Product - Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Product - Market share 2021-2026 (%)
  • 5.2 Comparison by Product
    • Exhibit 26: Chart on Comparison by Product
    • Exhibit 27: Data Table on Comparison by Product
  • 5.3 Boxed assortments-based truffle chocolate - Market size and forecast 2021-2026
    • Exhibit 28: Chart on Boxed assortments-based truffle chocolate - Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Boxed assortments-based truffle chocolate - Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Boxed assortments-based truffle chocolate - Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Boxed assortments-based truffle chocolate - Year-over-year growth 2021-2026 (%)
  • 5.4 Seasonal-based truffle chocolate - Market size and forecast 2021-2026
    • Exhibit 32: Chart on Seasonal-based truffle chocolate - Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Seasonal-based truffle chocolate - Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Seasonal-based truffle chocolate - Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Seasonal-based truffle chocolate - Year-over-year growth 2021-2026 (%)
  • 5.5 Market opportunity by Product
    • Exhibit 36: Market opportunity by Product ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview
    • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison
    • Exhibit 40: Chart on Geographic comparison
    • Exhibit 41: Data Table on Geographic comparison
  • 7.3 Europe - Market size and forecast 2021-2026
    • Exhibit 42: Chart on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 43: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 44: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 45: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 7.4 North America - Market size and forecast 2021-2026
    • Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)
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  • 7.5 APAC - Market size and forecast 2021-2026
    • Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 7.6 South America - Market size and forecast 2021-2026
    • Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 7.7 Middle East and Africa - Market size and forecast 2021-2026
    • Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 7.8 US - Market size and forecast 2021-2026
    • Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 7.9 UK - Market size and forecast 2021-2026
    • Exhibit 66: Chart on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on UK - Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on UK - Year-over-year growth 2021-2026 (%)
  • 7.10 Germany - Market size and forecast 2021-2026
    • Exhibit 70: Chart on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on Germany - Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on Germany - Year-over-year growth 2021-2026 (%)
  • 7.11 France - Market size and forecast 2021-2026
    • Exhibit 74: Chart on France - Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on France - Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on France - Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on France - Year-over-year growth 2021-2026 (%)
  • 7.12 Japan - Market size and forecast 2021-2026
    • Exhibit 78: Chart on Japan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on Japan - Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on Japan - Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity by geography
    • Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges
    • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 85: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 86: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 87: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 88: Matrix on vendor position and classification
  • 10.3 Barry Callebaut AG
    • Exhibit 89: Barry Callebaut AG - Overview
    • Exhibit 90: Barry Callebaut AG - Business segments
    • Exhibit 91: Barry Callebaut AG - Key news
    • Exhibit 92: Barry Callebaut AG - Key offerings
    • Exhibit 93: Barry Callebaut AG - Segment focus
  • 10.4 Chocolat Mathez
    • Exhibit 94: Chocolat Mathez - Overview
    • Exhibit 95: Chocolat Mathez - Product / Service
    • Exhibit 96: Chocolat Mathez - Key offerings
  • 10.5 Ferrero International
    • Exhibit 97: Ferrero International - Overview
    • Exhibit 98: Ferrero International - Product / Service
    • Exhibit 99: Ferrero International - Key offerings
  • 10.6 Lindt and Sprungli AG
    • Exhibit 100: Lindt and Sprungli AG - Overview
    • Exhibit 101: Lindt and Sprungli AG - Business segments
    • Exhibit 102: Lindt and Sprungli AG - Key news
    • Exhibit 103: Lindt and Sprungli AG - Key offerings
    • Exhibit 104: Lindt and Sprungli AG - Segment focus
  • 10.7 Mondelez International Inc.
    • Exhibit 105: Mondelez International Inc. - Overview
    • Exhibit 106: Mondelez International Inc. - Business segments
    • Exhibit 107: Mondelez International Inc. - Key news
    • Exhibit 108: Mondelez International Inc. - Key offerings
    • Exhibit 109: Mondelez International Inc. - Segment focus
  • 10.8 Neuhaus NV
    • Exhibit 110: Neuhaus NV - Overview
    • Exhibit 111: Neuhaus NV - Product / Service
    • Exhibit 112: Neuhaus NV - Key offerings
  • 10.9 Purdys Chocolatier
    • Exhibit 113: Purdys Chocolatier - Overview
    • Exhibit 114: Purdys Chocolatier - Product / Service
    • Exhibit 115: Purdys Chocolatier - Key offerings
  • 10.10 Teuscher Chocolates of Switzerland
    • Exhibit 116: Teuscher Chocolates of Switzerland - Overview
    • Exhibit 117: Teuscher Chocolates of Switzerland - Product / Service
    • Exhibit 118: Teuscher Chocolates of Switzerland - Key offerings
  • 10.11 The Secret Truffletier
    • Exhibit 119: The Secret Truffletier - Overview
    • Exhibit 120: The Secret Truffletier - Product / Service
    • Exhibit 121: The Secret Truffletier - Key offerings
  • 10.12 Yildiz Holding AS
    • Exhibit 122: Yildiz Holding AS - Overview
    • Exhibit 123: Yildiz Holding AS - Product / Service
    • Exhibit 124: Yildiz Holding AS - Key offerings

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist
    • Exhibit 125: Inclusions checklist
    • Exhibit 126: Exclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 127: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 128: Research methodology
    • Exhibit 129: Validation techniques employed for market sizing
    • Exhibit 130: Information sources
  • 11.5 List of abbreviations
    • Exhibit 131: List of abbreviations
About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Email: media@technavio.com
Website: www.technavio.com/

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