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EUROPE PREMIUM CHOCOLATE MARKET


(2019 - 2024)

Sample

Sample Europe Premium Chocolate Market


TABLE OF CONTENTS 2

1. INTRODUCTION 3. MARKET DYNAMICS

1.1 Research Phases 3.1 Drivers

1.2 Study Deliverables 3.2 Restraints

1.3 Scope of the Study 3.3 Opportunities

1.4 Study Assumptions 4. MARKET SEGMENTATION

2. MARKET INSIGHTS 4.1 By Product Type

2.1 Market Overview 4.1.1 Dark Premium Chocolate

2.2 Market Trends 4.1.2 White and Milk Premium Chocolate

2.3 Industry Attractiveness – Porter’s Five Forces Analysis 4.2 By Distribution Channel

2.3.1 Bargaining Power of Suppliers 4.2.1 Supermarket and Hypermarkets

2.3.2 Bargaining Power of Consumers 4.2.2 Convenience Stores

2.3.3 Threat of New Entrants 4.2.3 Online Retail Stores

2.3.4 Threat of Substitute Products and Services 4.2.4 Other Distribution Channels

2.3.5 Degree of Competition

Sample Europe Premium Chocolate Market


TABLE OF CONTENTS 3

5. REGIONAL MARKET ANALYSIS 7.4 Mondelez International Inc.

5.1 United Kingdom 7.5 Yildiz Holding


5.2 France 7.6 Nestle SA
5.3 Germany 7.7 Mars Incorporated
5.4 Italy 7.8 Hotel Chocolat
5.5 Spain 7.9 Montezuma's Direct Ltd
5.6 Russia *List is not exhaustive
5.7 Rest of Europe
8. DISCLAIMER
6. COMPETITIVE LANDSCAPE

6.1 Market Share Analysis

6.2 Most Active Companies

6.3 Most Adopted Strategies

7. COMPANY PROFILES

7.1 Chocoladefabriken Lindt and Sprüngli AG

7.2 Ferrero SpA

7.3 The Hershey Company

Sample Europe Premium Chocolate Market


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1.1 Research Phases

1. INTRODUCTION 1.2 Study Deliverables

1.3 Scope of the Market

Sample Europe Premium Chocolate Market


1.1 RESEARCH PHASES 5

• Plant Managers
• Sales Managers • Industry Experts
• Company Annual Reports • Insights from Data and
• Surveys • Consultants
• Journals Forecasts, Compiled into
• Manager – Purchasing and • Subject-matter Experts
• Government Publications One Report
Logistics • In-house Experts

SECONDARY DISCUSSION PRIMARY ECONOMETRIC EXPERT DATA REPORT


RESEARCH GUIDE RESEARCH MODELING VALIDATION TRIANGULATION WRITING

• Company-related Queries
• Revalidation of Numbers from
• Forecasting Model
• Market-related Queries
Secondary through Primaries
• Monte Carlo Simulation
• Company Financials
• Combination of Top-down and
Bottom-up Approaches
Primary Interviews (%)
Primary Interviews (%) - Along Value Chain
6% CEOs/CFOs
6%
Board Members
31%
32% 35%
Research Heads
20%
Manufacturers
Strategic Decision Makers
Service Providers
Financial Advisors
11% End-users
26% Investors
55%

Sample Europe Premium Chocolate Market


1.2 STUDY DELIVERABLES 6

AIM AND OBJECTIVE OF THE STUDY

Regional- and country-level analyses of the market and the forecast of the European premium chocolate market.

STUDY PERIOD BASE YEAR COMPANIES ANALYZED

2016-2024 2018 20+

GEOGRAPHIC SCOPE SEGMENTS COVERED

DROs

PORTER’S FIVE FORCES ANALYSIS

SEGMENT AND SUB-SEGMENT


ANALYSIS

KEY PLAYERS

COMPETITIVE LANDSCAPE

Sample Europe Premium Chocolate Market


1.3 SCOPE OF THE MARKET 7

European Premium Chocolate


• This report on the European premium chocolate market offers
Market
key insights into the latest developments.
By Product Type By Distribution Channel By Geography
• It analyzes the recent trends, drivers, and challenges affecting
the premium chocolate market. Dark Premium Hypermarket/Super
Germany
Chocolate market
• The report segments the premium chocolate market by type into
dark premium chocolates, white and milk premium chocolates. White and Milk
Convenience Store United Kingdom
Premium Chocolate
• The market is further segmented by distribution channel into
hypermarket/supermarket, convenience store, online retail stores,
Online Retail Stores Italy
and other type of distribution channels.

• It also provides an analysis of emerging and established Other Distribution


Spain
economies in Europe, by covering both western and eastern Channels
European countries.
Russia
• It provides historical, current, and projected market size in terms
of value.
France
• Competitive landscape, a complete analysis of major market
players. It also includes the strategies of key players and product
Rest of Europe
offerings.

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The European Premium Chocolate Market is classified by product type, distribution,


and geography in this study. Segments, like by product type, are first introduced and
then dealt with in greater detail in the regional funding patterns sections.

The industry is studied in terms of its growth over the last few years and the
RESEARCH
fundamental challenges that face the industry.
METHODOLOGY Each segment is further studied in terms of its attractiveness to investors in the
financial analysis section to understand the interest evinced by IPO investors, venture
capitalists, asset management firms, and the likelihood of mergers and acquisitions.
The conclusion to this study includes opinions and recommendations to retail
investors, fund managers, CEO’s, and other members of the investor community.

This research is supported by in-depth interviews with the top-level management of


Premium Chocolate companies in Europe. Additionally, vast secondary research on
market trends has been performed to support the analysis.

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Market Definitions Segmentation


STUDY STRUCTURE Technology / Market
Identification
Key Countries Mapping of Key
and Regions Players
Data Extraction Process

ANALYSIS Data Corroboration


Process
METHODOLOGY Value / Supply Chain Validation of Market
Top-down
Approach
Size
Analysis Analysis
S Consumer Behaviour Bottom-up Approach
Econometric Forecast Identification of Analysis
Modelling + Secondary Exogenous Factors
Research + Expert Verification Market Dynamics Segment- and
Recent Market Region-wise Market
Inference Developments / Size Forecasting
Market Structure
Competitive Landscaping Analysis
Data Generation Process
(DGP)+Forecast

Infographic and Comprehensive


Presentation of Inferences and
Estimates
Competitive
Market Share Market Sizing
Landscape

Porter’s Five
Market Structure Company Profiles
Forces Analysis

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2.1 Market Overview

2.2 Market Trends

2.3 Industry Attractiveness – Porter’s Five Forces Analysis

2.3.1 Bargaining Power of Suppliers


2. MARKET INSIGHTS
2.3.2 Bargaining Power of Buyers

2.3.3 Threat of New Entrants

2.3.4 Threat of Substitute Products and Services

2.3.5 Degree of Competition

Sample Europe Premium Chocolate Market


2.1 MARKET OVERVIEW 11

• The European premium chocolate market was valued at USD XX million in 2018, and it is
Premium Chocolate Market: Revenue in USD million,
projected to reach at USD XX million in 2024. The market is also expected to register a
Europe, 2016-2024
CAGR of XX%, during 2019-2024 (henceforth, referred to as the forecast period).

3000.0 • Although major manufacturers dominate the European chocolate industry, possibilities for
high-quality and artisanal chocolate are increasing. One of the main drivers were product
innovation, which promoted awareness and customer involvement and contributed to
2500.0
attracting fresh customers to the market.

• Consumers choose premium chocolates in most of the countries in this region, especially
2000.0
Revenue in USD million

from the supermarket and hypermarkets, owing to the unique variety of attractive products
being offered, ready packaging, in-store promotions, and consistent chocolate quality.
1500.0 Consumers also appear to be looking for high-end products, gradually turning connoisseur.
SAMPLE FIGURE • In Europe, with sales of chocolate mainly hindered by an overall European attempt to fight

1000.0
against obesity, dietary issues, and greater cost and commodity prices, chocolate
manufacturers are increasingly turning toward premium chocolates.

• Majority of the foreign manufacturers, such as Ferrero, have country-specific divisions for
500.0
distribution in the region. Additionally, the consumers are growing increasingly demanding
toward packaging, with a focus on attractiveness and convenience.
0.0
2016 2017 2018 2019 2020 2021 2022 2023 2024 • Some of the well-known premium chocolate manufactures in the region are
Year Chocoladefabriken Lindt and Sprüngli AG, Ferrero SpA, Hotel Chocolat, and
Montezuma's Direct Ltd.

Sample Europe Premium Chocolate Market


2.2 MARKET TRENDS 12

Trend of Vegan and Organic Chocolates

• The rising health concerns of consumers is propelling the demand for organic and
vegan chocolates in the region. Thus, manufacturers are replacing dairy milk with nut-
and grain-derived milk, for manufacturing the milk chocolate products.

• Furthermore, companies are providing lucrative packaging for the chocolates, primarily
to attract consumer attention. Players are introducing new packaging solutions to
increase the shelf life of the product, and thus, reviving consumer interest in their
chocolate brands. For instance, RLC Packaging Group, a Swiss-based company,
designed alluring chocolate boxes for Cailler.

Detailed Analysis is Available in the Report

Sample Europe Premium Chocolate Market


13

2.3.1 Bargaining Power of Suppliers

2.3.2 Bargaining Power of Buyers

2.3 PORTER’S FIVE FORCE ANALYSIS 2.3.3 Threat of New Entrants

2.3.4 Threat of Substitute Products and Services

2.3.5 Degree of Competition

Sample Europe Premium Chocolate Market


2.3 PORTER’S FIVE FORCE MODEL 14

• The Porter’s five forces model studies the five identified competitive forces that
THREAT OF SUBSTITUTES
shape every industry and market to determine the intensity of the competition, THREAT OF NEW ENTRANTS

and thus, the profitability and attractiveness of the industry. The objective of the XX XX
growth strategy is to adapt to these competitive forces in a manner that may
improve the position of the organization. This study includes an exhaustive COMPETITIVE RIVARLY
Porter’s five forces framework, incorporating the factors influencing each force,
to analyze the market from a microeconomic perspective.
HIGH

• In the study, Porter’s five forces are analyzed considering the factors
influencing each force and quantifying the factors through primaries and
quantitative analysis. The quantified factors are further mapped out to derive XX XX
the impact of each force on competitive dynamics. BARGAINING BARGAINING
POWER OF POWER OF
BUYERS SUPPLIERS

Sample Europe Premium Chocolate Market


2.3.1 BARGAINING POWER OF SUPPLIERS 15

• In case of suppliers providing superior cocoa beans, the bargaining power is BARGAINING POWER OF SUPPLIERS
high, due to the limited presence across the world.
• Tropical climate is the most suitable for cultivation of cocoa beans. Thus, most
Supplier switching costs
of the companies are forced to import cocoa. In such case, the bargaining
relative to firm switching
power of suppliers is high, due to the presence of limited number of suppliers. costs
10
Supplier competition: the
• The supplier switching costs relative to firm switching costs is moderate, mainly ability to forward vertically 8 Degree of differentiation
integrate and cut out the of inputs
due to the presence of a large number of suppliers for ingredients, like cocoa buyer 6

and milk. Furthermore, manufacturers have various options to switch to a new 4


2
supplier. However, the global players have better supplier relationship to
Employee solidarity (e.g. SAMPLE
0
FIGURE Impact of inputs on cost
procure quality raw materials. labor unions) or differentiation

• The strength of distribution channel has a high impact, as key players have
centralized procurement system, and the raw materials are sourced directly
Supplier concentration to Presence of substitute
from suppliers. firm concentration ratio inputs

Hence, the bargaining power of suppliers is moderate.


Strength of distribution
channel

Detailed Analysis is Available in the Report

Sample Europe Premium Chocolate Market


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3.1 Drivers

3.1.1 Innovation and Premiumization of Chocolate Packaging


3. MARKET DYNAMICS
3.2 Restraints

3.3 Opportunities

Sample Europe Premium Chocolate Market


IMPACT CHART - DRIVERS AND RESTRAINTS 17

High INNOVATION AND PREMIUMIZATION


MARKET DRIVERS

OF CHOCOLATE PACKAGING
Impact
XX

Low

Low
RESTRAINTS
MARKET

Impact

XX

High

Sample Europe Premium Chocolate Market


3.1 MARKET DRIVERS 18

3.1.1 INNOVATION AND PREMIUMIZATION OF CHOCOLATE PACKAGING


• The premium packaging of chocolates opened up new avenues for the
• Leading companies in the European chocolate market, such as Lidnt, Nestle, Ferrero,
product under the luxury gifting categories. Chocolate producers are
and Hotel Chocolat, are focusing on new and eye-catching innovative packaging
focusing on manufacturing new chocolate flavors that cater to the changing
solutions to attract more consumers to purchase their premium chocolates.
consumer demands. European consumers are highly health conscious,
• For instance, the Belgian chocolate brand Ovidis collaborated with Ball, one of the
and thus, chocolates with low and reduced sugar and natural ingredients
largest can makers, to offer its chocolates in aluminum cans packaging. Ovidias is the
are gaining significant popularity among the consumers.
only company to offer chocolate packaging in beverage cans.
• Companies are launching new innovative chocolates in the market studied,
• Such innovative and environment-friendly packaging provides the perfect packaging
in response to the rising demand for natural and pure chocolates.
format for premium chocolates; it also helps in maintaining freshness and flavor,
preserving the creamy taste of the chocolates without adding any additives.
Chocolate packaging companies are coming up with innovative technologies for
chocolate packaging to meet the rising demand of chocolates among consumers. • In April 2018- Nestle launched Ruby
Theegarten-Pactec offers chocolate producers with a packaging machine, which chocolate KitKat in Europe. Ruby
overwraps molded or enrobed chocolate products and wafers with a top performance chocolate is made from the ruby
rate of up to 1,400 products per minute. The high output rate of the CFW-D machine is cocoa bean, and Nestle is the first
made possible by its dual-track design. consumer company to launch
• This is just one of the several examples of technological innovations in the chocolate advanced ruby chocolate developed
packaging industry that are improving the efficiency of chocolate manufacturing and by Barry Callebaut.
helping manufacturers meet the rising chocolate demand comfortably.

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4.1 By Product Type


4. MARKET SEGMENTATION 4.2 By Distribution Channel

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4.1 By Product Type

4.1.1 Dark Premium Chocolate

4.1.2 White and Milk Premium Chocolate

4.1 BY PRODUCT TYPE 4.2 By Distribution Channel

4.2.1 Supermarket and Hypermarkets

4.2.2 Convenience Stores

4.2.3 Online Retail Stores

4.2.4 Other Distribution Channels

Sample Europe Premium Chocolate Market


4.1 BY PRODUCT TYPE 21

Premium Chocolate Market: Revenue in USD billion, by Product Type, Europe, 2016-2024 Premium Chocolate Market: Revenue Share (%),
by Product Type, Europe, 2018
CAGR %
Product Type 2016 2017 2018 2019 2020 2021 2022 2023 2024
(2019-2024)

Dark Premium
XX XX XX XX XX XX XX XX XX XX
Chocolate

SAMPLE FIGURE
White and Milk Premium
XX XX XX XX XX XX XX XX XX XX
Chocolate

Total XX XX XX XX XX XX XX XX XX XX

Dark Premium Chocolate

White and Milk Premium Chocolate

Sample Europe Premium Chocolate Market


4.2 BY DISTRIBUTION CHANNEL 22

Premium Chocolate Market: Revenue in USD billion, by Distribution Channel, Europe, 2016-2024 Premium Chocolate Market: Revenue Share (%),
by Distribution channel, Europe, 2018
CAGR %
Distribution Channel 2016 2017 2018 2019 2020 2021 2022 2023 2024
(2019-2024)

Supermarket and
XX XX XX XX XX XX XX XX XX XX
Hypermarkets
SAMPLE FIGURE
Convenience Stores XX XX XX XX XX XX XX XX XX XX

Online Retail Stores XX XX XX XX XX XX XX XX XX XX

Other Distribution
XX XX XX XX XX XX XX XX XX XX Supermarket and Hypermarkets
Channels
Convenience Stores
Total XX XX XX XX XX XX XX XX XX XX Online Retail Stores

Other Distribution Channels

Sample Europe Premium Chocolate Market


4.2.1 HYPERMARKETS AND SUPERMARKETS 23

• The hypermarkets and supermarkets segment of the market was valued at USD XX Premium Chocolate Market: Revenue in USD million,

million in 2018, and it is projected to reach at USD XX million in 2024. The segment is Hypermarket/Supermarket, Europe, 2016-2024

also expected to register a CAGR of XX%, during 2019-2024.


9
• The segment accounts for a considerable share in the premium chocolate confectionery
8
sales, with dark chocolates, chocolate bars, multipacks, and boxed chocolates being the
most popular choice among the consumers. 7
• Discount chains, such as Aldi and Lidl, represent an increasingly significant feature in
6

Revenue in USD million


the retail chocolate industry.

• Owing to a huge retail space catering to a wide variety of preferences, the 5

supermarkets/hypermarkets are dominant channels for the sales of premium chocolate


4
market in the global scenario.

• Factors, such as business expansion and rising number of hypermarkets and 3 SAMPLE FIGURE

supermarkets, add to the sales of these retail formats, and significantly contribute to the
2
higher penetration of premium chocolate, globally.
1
• Shopping at the hypermarkets/supermarkets is also perceived useful, due to the wide
selection of brands on offer, considerable shelf-space, and frequent price promotions. 0
2016 2017 2018 2019 2020 2021 2022 2023 2024
• Carrefour, Metro AG, EDEKA, Auchan Group, Walmart, Tesco PLC, 1Eleven, and Aldi
Year
are some of the major hypermarkets/supermarkets in Europe.

Sample Europe Premium Chocolate Market


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5.1 United Kingdom

5.2 France

5.3 Germany

5. REGIONAL ANALYSIS 5.4 Italy

5.5 Spain

5.6 Russia

5.7 Rest of Europe

Sample Europe Premium Chocolate Market


5. REGIONAL ANALYSIS 25

Premium Chocolate Market: Revenue in USD million, by Country, Europe, 2016-2024

Premium Chocolate Market: Revenue Share


CAGR %
Country 2016 2017 2018 2019 2020 2021 2022 2023 2024 (%), by Country, Europe, 2018
(2019-2024)

United Kingdom XX XX XX XX XX XX XX XX XX XX

France XX XX 1,183.3 XX XX XX XX XX XX 8.84


United Kingdom

Germany XX XX XX XX XX XX XX XX XX XX France

SAMPLE FIGURE Germany


Italy XX XX XX XX XX XX XX XX XX XX
Italy

Spain
Spain XX XX XX XX XX XX XX XX XX XX
Russia

Rest of Europe
Russia XX XX XX XX XX XX XX XX XX XX

Rest of Europe XX XX XX XX XX XX XX XX XX XX

Total XX XX XX XX XX XX XX XX XX XX

Sample Europe Premium Chocolate Market


5. REGIONAL ANALYSIS 26

Premium Chocolate Market: Volume in Kg million, by Country, Europe, 2016-2024

CAGR %
Country 2016 2017 2018 2019 2020 2021 2022 2023 2024
(2019-2024)
Premium Chocolate Market: Revenue Share

United Kingdom XX XX XX XX XX XX XX XX XX XX (%), by Country, Europe, 2018

France XX XX XX XX XX XX XX XX XX XX
United Kingdom

Germany XX XX XX XX XX XX XX XX XX XX France

SAMPLE FIGURE Germany


Italy XX XX XX XX XX XX XX XX XX XX
Italy

Spain
Spain XX XX XX XX XX XX XX XX XX XX
Russia

Rest of Europe
Russia XX XX XX XX XX XX XX XX XX XX

Rest of Europe XX XX XX XX XX XX XX XX XX XX

Total XX XX XX XX XX XX XX XX XX XX

Sample Europe Premium Chocolate Market


5.2 FRANCE 27

• The French premium chocolate market was valued at USD 1,183.3 million in 2018, and it is
projected to reach USD XX million by 2024. The market is also expected to register a Premium Chocolates Market: Revenue in USD million,
CAGR of 8.84% during the forecast period, 2019-2024. France, 2016-2024

• The consumers have gradually started purchasing premium chocolates available in boxes
9
as gifts, due to the increased demand for new flavors and textures.
8
• The dark chocolate with high-quality cocoa content, mixed with assorted nuts, has become
a gourmet product. Consumers are also trying to control the quantity of chocolate intake by 7

opting for bite-sized chocolate. Factors, like these, have enabled the demand for premium
6

Revenue in USD million


chocolates in France.
5
• The French premium chocolate market for bio-organic chocolate tablets is rapidly growing
and the tablets are the main products in this market. The phenomenon of organic premium 4
SAMPLE FIGURE
chocolates is no more a niche and the supply of organic products is expanding.
3

• The local players, such as Chocolat De Pauline, are offering organic premium chocolates
2
that are gaining traction over other chocolates. The organic premium chocolates are free
from palm oil, vegetable oils, and lecithin. It is also made from pure cocoa butter for pure 1

taste of the chocolates.


0
2016 2017 2018 2019 2020 2021 2022 2023 2024
• With the French consumers considering the products containing premium ingredients an Year
important factor while purchasing chocolates, the major French supermarkets, such as
Carrefour and Monoprix, are trying to stock up on premium bio chocolate ranges to cater to
the distinct consumer needs.

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6.1 Market Share Analysis

6.2 Most Active Companies


6. COMPETITIVE LANDSCAPE
6.3 Strategies Adopted by Leading Players

Sample Europe Premium Chocolate Market


6.1 MARKET SHARE ANALYSIS 29

Premium Chocolate Market: Revenue Share (%), by


• The European premium chocolate market has many players and is
Country, Europe, 2018
moderately consolidated. The market is dominated by key global players.
However, there is a significant presence of regional players.
Lindt and
Sprüngli AG
• The major global players have geographical reach with an extensive
Ferrero SpA
distribution channel, which gives them an upper hand over other
manufacturers. Global players also revel in competitive advertising. XX

• The increasing popularity of highly advertised brands, such as Lindt


SAMPLE FIGURE XX
Excellence (Chocoladefabriken Lindt & Sprüngli AG), and new launches,
such as Lindor Fudge Swirl truffle, are expected to contribute largely to XX

boost the demand for the brand in premium chocolate across the region.

Detailed Analysis is Available in the Report

Source: Mordor Intelligence Analysis

Sample Europe Premium Chocolate Market


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7.1 Chocoladefabriken Lindt and Sprüngli AG

7.2 Ferrero SpA

7.3 The Hershey Company

7.4 Mondelez International Inc.

7. COMPANY PROFILES 7.5 Yildiz Holding

7.6 Nestle SA

7.7 Mars, Incorporated

7.8 Hotel Chocolat

7.9 Montezuma's Direct Ltd

*List is not exhaustive

Sample Europe Premium Chocolate Market


7.2 FERRERO SPA 31

FOUNDED IN 1946

Ferrero Group is a family-operated and privately owned company that


produces and markets, chocolates and chocolate products, bakery
products, snacks, spreads, mints, and drinks in Italy and internationally.
FERRERO
The group has its presence in over 91 companies worldwide, with 23
operating manufacturing plants. The products offered by the company
are present directly or through authorized distributors in over 170
countries.
Its core markets are Argentina, Brazil, Canada, Colombia, Ecuador,
Mexico, Puerto Rico, the United States, South Africa and Cameroon,
China, Hong Kong, India, Japan, South Korea, Singapore, Sri Lanka,
Taiwan, the United Arab Emirates, Turkey, and Australia.

31,748
12051 Alba, Cuneo EUR 10.5 billion Employees
(2018) - Headquarters
Italy Revenue - 2018

+39 0173-2951
EUR 673 million 170 Operating Countries
www.ferrero.com Capital Investments - 2018

Sample Europe Premium Chocolate Market


FERRERO INTERNATIONAL SA - PRODUCTS 32

Brand Product Line Product Description

A whole hazelnut surrounded by delicious layers of crispy wafer, a velvety filling, smooth
Ferrero Rocher
milk chocolate, and finely chopped hazelnut pieces.

Raffaello is a delicate combination of different layers: a crunchy white almond, surrounded


Ferrero Pralines Raffaello
by velvety smooth cream in a crispy wafer shell, covered with coconut flakes.

Golden Gallery is a refined gallery of confectionery masterpieces expertly crafted by


Golden Gallery
Ferrero. An assortment of exclusive recipes, a series of unique of flavors.

• Kinder Joy - Premium Kinder Surprise/ Dual taste of milky cream made of high quality milk and yummy cocoa cream with two
Kinder
Kinder Joy Boys And Girls With Toys crunchy wafer bites filled with cocoa cream.

List is not exhaustive

Sample Europe Premium Chocolate Market


FERRERO INTERNATIONAL SA - RECENT DEVELOPMENTS 33

Ferrero Group acquired 100% of the family-owned Oltan Group.


Oltan Group is the worldwide leading operator in the M
procurement, processing, and marketing of hazelnuts, with an
annual turnover above USD 500 million.

Jul 2014
Ferrero UK invested USD 8.61 million in launching a new range of
confections for Christmas 2018.
Aug 2018

M I E P

Merger and Product Expansion Partnership


Acquisition Innovation

Sample Europe Premium Chocolate Market