The market for chocolate and chocolate factories - Spain

Chocolate is a cocoa-based foodstuff that forms part of a multitude of food products. Known for its sweetness and distinctive flavor, often used in desserts, chocolate is also an integral part of a large number of industrial preparations sold in supermarkets. Worldwide, chocolate production is dominated by Côte d'Ivoire and Ghana, which account for over 60% of global cocoa production. Indonesia, Ecuador, Nigeria, and Cameroon are also key countries for chocolate production. In terms of per capita consumption, Spaniards consume slightly less chocolate than their European neighbors. At 4.5 kilos of chocolate per capita per year, the country is slightly below the European average (5 kilos) and well behind market leaders such as Germany (11 kilos), Switzerland (9.7 kilos), and the UK (8.1 kilos). However, chocolate continues to enjoy a very good image in the country and is benefiting from the growing "snacking" trend, which is translating into increased consumption. And covid-19 has given the market a major boost. During the first lockdown period, from March 14 to May 9, sales of chocolate in supermarkets rose by 31.9%. The Spanish cocoa and chocolate industry is booming and finding new export outlets, particularly in other European countries.