$7.3bn
$XXX.Xm
9,139
378
$X.Xbn
Rising consumer concerns about the high levels of fat and sugar in food have led to a drop in demand for traditional chocolate and confectionery products. At the same time, consumers have increasingly preferred premium products, reflecting an overall trend towards a greater appreciation for higher-quality foods. This shift in consumer preferences has been encouraged by modest increases in disposable income. Industry revenue is expected to contract at an annualised 2.4% over the five years through 2024-25, to $7.3 billion. This decline includes a 4.6% drop in 2024-25, primarily because of rising input costs that have squeezed profit margins.
Industry revenue has declined at a CAGR of 2.4 % over the past five years, to reach an estimated $7.3bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2025 | Revenue ($m)
2025 |
---|---|---|
Mondelez Australia | 920.8 | |
Mars Wrigley | 698.0 | |
Nestle | 432.5 |
To view the market share and analysis for all 4 top companies in this industry, view purchase options.
Industry revenue is measured across several distinct product and services lines, including Chocolate, Confectionery and Cocoa products. Chocolate is the largest segment of the Chocolate and Confectionery Manufacturing in Australia.
Premiumisation trends are seeing consumers favour more expensive chocolate varieties
Manufacturers primarily produce confectionery, chocolate or cocoa products, with or without added sugar.
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ANZSIC 1182 - Chocolate and Confectionery Manufacturing in Australia
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
The industry faces a dip in demand for traditional chocolate and confectionery products amid rising health consciousness but sees growth potential in premium, sustainable offe...
Learn about an industry's products and services, markets and trends in international trade.
Rising health awareness is reducing demand for sugar-laden confectionery, steering consumers towards snacks with healthier, more natural ingredients. This shift reflects a br...
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Access to consumer markets is a critical factor in determining business locations. New South Wales and Victoria collectively host two-thirds of chocolate and confectionery ma...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Despite consumers' strong brand loyalty and expectations for quality, price sensitivity drives manufacturers to differentiate through innovation. Manufacturers are increasing...
Learn about the performance of the top companies in the industry.
Most well-known brands like Cadbury, Skittles and Allen's are produced by leading industry giants, including Mondelez, Mars Wrigley and Nestle. Mondelez and Mars Wrigley are ...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Cost fluctuations in key inputs affect industry revenue, emphasising the need for alternative sourcing. Meanwhile, demand for healthier, ethical products forces changes in pr...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Import competition and the rise of supermarket private labels have intensified pressure on profit margins. Despite substantial advertising and value-added production investme...
Including values and annual change:
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Key data sources in Australia include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
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The market size of the Chocolate and Confectionery Manufacturing industry in Australia is $7.3bn in 2024.
There are 378 businesses in the Chocolate and Confectionery Manufacturing industry in Australia, which has declined at a CAGR of 0.2 % between 2019 and 2024.
The market size of the Chocolate and Confectionery Manufacturing industry in Australia has been declining at a CAGR of 2.4 % between 2019 and 2024.
Over the next five years, the Chocolate and Confectionery Manufacturing industry in Australia is expected to grow.
The biggest companies operating in the Chocolate and Confectionery Manufacturing market in Australia are Mondelez Australia, Mars Wrigley and Nestle
Chocolate and Cocoa products are part of the Chocolate and Confectionery Manufacturing industry.
The company holding the most market share in Australia is Mondelez Australia.
The level of competition is high and increasing in the Chocolate and Confectionery Manufacturing industry in Australia.