With 2006 sales estimated at close to $16 billion through all channels, chocolate is forecast to grow to $18 billion by 2011, according to the U.S. Market for Chocolate, a fully updated Packaged Facts report. Strong consumer interest in the reported health benefits of dark chocolate and a general trend towards product premiumization (including organic and fair trade products) are offsetting steady declines in other categories, such as sugar-free and novelty products. For example, the market share for premium chocolate grew from 13% of the total market in 2002 to nearly 17% in 2006. This report measures the size of the market and looks at overall growth factors. Then it describes specific trends and opportunities that support continued market growth. The analysis includes a discussion of how major chocolate manufacturers are structuring their new product development and marketing initiatives to stay on top of this market. Other topics of study include supply issues and consumer buying behavior.
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