Chocolate confectionery market revenue in Latin America

In 2023, the market revenue of chocolate confectionery in Latin America and the Caribbean amounted to 8.82 billion U.S. dollars. It was expected to continuously increase between 2024 and 2029 by in total 2.8 billion U.S. dollars (+29.88 percent).

Market revenue of the confectionary chocolate industry in Latin America and the Caribbean from 2018 to 2029 (in billion U.S. dollars)

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Supplementary notes

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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