Sweden Premium Chocolate Market Outlook

sweden is an important player in the global chocolate market, and the country’s premium chocolate market presents a unique opportunity for companies wanting to tap into the booming industry. with a per capita chocolate consumption rate of nearly eighteen kilograms per year, sweden is ripe for innovation and growth. in recent years, sweden’s premium chocolate market has been buoyed by numerous consumer trends, including an increased demand for organic and fair trade varieties of chocolates. looking forward to 2018 to 2032, the outlook for sweden’s premium chocolate market is very positive, thanks in part to increasing levels of disposable income and the adoption of new technologies. by 2032, the swedish chocolate market is expected to be worth 17.5 billion us dollars. along with the growth in the overall chocolate market, the premium segment is expected to benefit from a corresponding increase in demand. in terms of specific consumer trends set to shape the swedish market in the years ahead, the rising interest in organic and fair trade chocolate is expected to be a key driver of growth. with more swedes looking for premium chocolate that is ethically and sustainably sourced, companies will need to innovate to keep up with changing consumer preferences. additionally, the popularity of dark chocolate bars as a health-conscious alternative to dairy-based chocolates is expected to rise further in the swedish market. increased consolidation is also expected in the swedish chocolate market. with the two major companies – lohull chocolates and husk chocolate – having already cemented their positions through recent mergers and acquisitions, the demand for smaller, more niche players is expected to rise in the years ahead. this will create a greater range of options for swedes looking for premium chocolates. in conclusion, sweden’s premium chocolate market is expected to experience great growth within the next decade and a half. consumers’ increased appetite for organic and fair trade products will be key to the sector’s growth, as will new technologies and the consolidation of major players. this will undoubtedly create exciting opportunities for chocolate companies looking to increase their presence in the swedish market.