Retail Intelligence Mini Report: Chocolate/Jelly/Candy

Candy Jelly Chocolate Snack & Confectionary China

Trade4go

Feb 12th, 2025

Market Trends: A price analysis of Tridge’s Top 20 confectionery products, mainly chocolate, jelly, and candy, across the leading ten markets globally reveals diverse trends. When looking at the average selling price per product, Italy exhibits the highest average selling price at USD 18.89, significantly exceeding other markets. Conversely, Mexico displays the lowest average selling price at USD 8.99. The average price across all countries is approximately USD 12.11. Italy stands apart due to consumers preferring premium confectionery products. Mexico's lower price indicates a greater focus on budget-friendly options. The remaining countries (US, China, Japan, Germany, and France) show relatively similar average selling prices, ranging from approximately USD 11.19 to USD 12.08. Noteworthy Products: In Germany, Beauty Sweeties Sugar-Free Fruit Gummy Bunnies stood out because of its use of natural ingredients. These vegan, gluten-free, and sugar-free gummies come in a bunny shape, offering a fruity flavor. They are a suitable option for those seeking a healthier snack, free from gelatin, lactose, and GMOs. Industry News: Chocolate prices are set to rise 10 to 20% ahead of Valentine’s Day due to a cocoa supply crisis. Cocoa futures have more than doubled, reaching a record USD 12,646 per metric ton (mt), driven by extreme weather and disease in West Africa, which produces 70% of global cocoa. Ghana and Ivory Coast are experiencing reduced yields, with hoarding further tightening supply. Manufacturers are responding with price hikes, shrinkflation, and ingredient adjustments. Premium chocolates face steeper increases, while mass-market brands cut costs. Prices are expected to remain high through Easter and beyond, with long-term solutions focusing on climate resilience and disease-resistant crops.