How much chocolate is consumed worldwide each year?
Consumers spend more than $7 billion a year on chocolate. US consumers eat 2.8 billion pounds of chocolate annually, representing nearly half of the world’s supply.
Who consumes the most chocolate in the world?
Switzerland
When it comes to the league of chocoholics, Switzerland is out in front with annual per capita consumption amounting to an impressive 8.8 kilograms.
How much cocoa is consumed each year?
The worldwide consumption of chocolate every year is estimated to be at least 7.2 million metric tons. The net sales of Mars Inc., a leading producer of chocolate productions, is over $17 billion every year. Hershey’s chocolate accounts for another $3.7 billion in sales.
Which country consumes the most chocolate 2020?
Switzerland (19.4 pounds per capita) The Swiss people lead the world in chocolate consumption with 19.4 pounds of chocolate being consumed by the Swiss people per capita per year.
What are the top 10 chocolate consuming countries?
The Top Chocolate Loving Nations are (lbs/yr):
- Switzerland 22.36.
- Austria 20.13.
- Ireland 19.47.
- Germany 18.04.
- Norway 17.93.
How much chocolate is produced worldwide?
Besides Hershey (United States), all multinationals have chocolate confectionery production plants in Europe. According to Prodcom data , the European Union and the United Kingdom together produced an estimated 3.9 million tonnes of final chocolate products in 2019, not including industrial chocolate.
Which nationality eats the most chocolate?
Switzerland was the leading country in chocolate consumption per capita in 2017, with citizens eating nearly nine kilos of the sweet stuff in that year.
Which countries consumes the most chocolate per capita?
In 2017, Switzerland was the highest consumer of chocolate per capita, with an average of 8.8 kilograms consumed per person.
What are the Top 5 chocolate consuming countries?
Chocolate Consumption
- Switzerland 22.36.
- Austria 20.13.
- Ireland 19.47.
- Germany 18.04.
- Norway 17.93.
How much is the chocolate industry worth worldwide?
Newark, NJ, May 25, 2021 (GLOBE NEWSWIRE) — As per the report published by Fior Markets, the global chocolate market is expected to grow from USD 138.5 billion in 2020 and reach USD 200.4 billion by 2028, growing at a CAGR of 4.8% period 2021-2028.
Which country makes the most chocolate?
The Top Cocoa-Producing Countries
| Rank | Country | Cocoa production in 2020 |
|---|---|---|
| 1 | Ivory Coast | 2,034,000 |
| 2 | Ghana | 883,652 |
| 3 | Indonesia | 659,776 |
| 4 | Nigeria | 328,263 |
How much chocolate do the Swiss eat each year?
Every year, the average Swiss person eats just under 20 lbs of chocolate. Neighboring Germany is also a nation of chocoholics with annual consumption per capita amounting to 17.4 lbs.
How much chocolate is consumed in the world per year?
According to CBI Ministry of Foreign Affairs (EU), the global per capita consumption of chocolate was 0.9 kg per year while the same is higher in European nations (Switzerland at 10.5 kg and Germany at 9.2 kg per capita per year).
How big is the global retail sales of chocolate?
Global retail sales of chocolate reached approximately 101 billion U.S. dollars in 2015, with the U.S. accounting for the largest portion of chocolate confectionary sales worldwide that year.
How has the covid-19 pandemic affected the chocolate industry?
The production and sales of chocolate items have experienced a sudden slump due to the outbreak of the COVID-19 pandemic. In the initial stages of lockdown, panic buying of food supplies by consumers contributed to the rapid growth in the sales of mainstream chocolates in retail channels as a source of indulgence and comfort.
Which region is the largest producer of chocolate in the world?
Europe is the largest market for confectionery products of chocolate and is expected to rise at a CAGR of 1.7% during the forecast period from 2020 to 2027. Within Europe, countries such as Switzerland, Belgium, Germany, Austria, and the U.K. are the largest producers and consumers of chocolate products.