Market Trends of germany chocolate Industry
Health benefits associated with dark chocolates supported the growing per capita consumption of chocolates in Germany
- Germany is a major chocolate-consuming country as well, registering the largest per capita chocolate consumption in Europe. Germany is the leading producer of chocolate as a consumer product and the largest chocolate consumers in the world are the Germans, with a per capita consumption of 11 kg in 2022.
- More than 80% of all chocolate confectionery sold in Germany in 2022 was made using sustainably produced cocoa. This marks an increase of 76% since 2011 when that share was only around 3%.; The hike was primarily because of the promotion of sustainable cocoa production and sourcing by the German Initiative on Sustainable Cocoa.
- The pricing of chocolates in the country is a significant and influential factor in the consumer's purchasing behavior. Prices may vary, with the average retail price for average chocolate being USD 4 and higher-end chocolates being priced at more than USD 75 in 2022.
- In 2022, more than 55% of consumers in Germany preferred milk chocolate and dark chocolate is expected to be the fastest-growing segment. Consumption of dark chocolate is driven by consumer preferences for healthy products.
OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Growing demand for high percentage cocoa chocolates drives the sales growth of the segment
