Specialty Chocolate Stores in Australia - Market Research Report

Specialty Chocolate Stores industry trends (2014-2019)

poll Average industry growth 2014–2019: -1.3%

The rapid rise of premiumisation as a consumer trend has supported Specialty Chocolate Stores industry revenue over the past five years. New players have entered the industry over the period, and many existing enterprises have expanded or franchised. However, major player Max Brenner closed over half of its outlets in October 2018, which contributed to a sharp fall in industry revenue in 2018-19. Overall, industry revenue is expected to decline at an annualised 1.8% over the five years through 2019-20, to $295.3 million. This trend includes anticipated growth of 1.4% in the current year, as the industry recovers from the closure of the Max Brenner outlets. Consumers purchase premium chocolates as an affordable indulgence or as a gift for special occ...
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Specialty Chocolate Stores industry outlook (2019-2024)

poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.

The performance of the Speciality Chocolate Stores industry is forecast to improve over the next five years as the industry recovers from the losses associated with Max Brenner closing over half of its outlets. However, industry revenue growth is projected to be sluggish over the period as establishment growth brings the market close to saturation. Industry revenue is forecast to rise at an annualised X.X% over the five years through XXX-XX, to $XX.X million. Cafe-style operations will likely provide the industry with its greatest avenue for growth over the next five years as operators seek to benefit from trends towards premiumisation and strong demand for cafes. Intensifying internal and external competition is anticipated to place pressure on indu...
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Specialty Chocolate Stores industry statistics

  • attach_money Market Size: $291m
  • business Number of Businesses: 475
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 2,851

Biggest companies in the Specialty Chocolate Stores industry

The companies holding the largest market share in the Specialty Chocolate Stores in Australia industry include Venga Pty Limited, A.E. Haigh Proprietary Limited, Lindt & Sprungli (Australia) Pty Ltd, Koko Black Australia Pty Ltd and MB Australia 2000 Pty Ltd.

  • pie_chart Venga Pty Limited Market Share: x.x%
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  • pie_chart A.E. Haigh Proprietary Limited Market Share: x.x%
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  • pie_chart Lindt & Sprungli (Australia) Pty Ltd Market Share: x.x%
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  • pie_chart Koko Black Australia Pty Ltd Market Share: x.x%
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  • pie_chart MB Australia 2000 Pty Ltd Market Share: x.x%
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What is Specialty Chocolate Stores industry?

Industry Definition

Industry operators are primarily engaged in retailing chocolate and chocolate products. The industry includes specialty and boutique chocolate stores that also retail products such as hot chocolate, cakes and pastries. Supermarkets and department stores are excluded from the industry.

Industry Products and Services

  • Premium chocolate
  • Seasonal and boxed chocolate
  • Other products
  • Food and beverages
  • All Others

Industry Activities

  • Premium chocolate retailing
  • Specialty chocolate retailing
  • Seasonal and boxed chocolate retailing
  • Organic chocolate retailing
  • Fair trade chocolate retailing
  • Other non-chocolate product retailing
  • Chocolate-based food and beverage retailing

Market research report - table of contents

Industry Definition

Industry operators are primarily engaged in retailing chocolate and chocolate products. The industry includes specialty and boutique chocolate stores that also retail products such as hot chocolate, cakes and pastries. Supermarkets and department stores are excluded from the industry.

Main Activities

  • Premium chocolate retailing
  • Specialty chocolate retailing
  • Seasonal and boxed chocolate retailing
  • Organic chocolate retailing
  • Fair trade chocolate retailing
  • Other non-chocolate product retailing
  • Chocolate-based food and beverage retailing

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

The consumer sentiment index is a measure of how households feel about their current financial situation and the overall economy. Positive consumer sentim...
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Consumer sentiment index
Domestic price of sugar
Health consciousness
Real household discretionary income

Current Performance

Competition increases
Seasonal fluctuations
Industry structure
 Chart: Revenue Growth

Industry Outlook

Profit margins squeezed
Rising health consciousness
 Table: Specialty Chocolate Stores in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Specialty Chocolate Stores in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Cafes and Coffee Shops in Australia
Consumers in Australia





Key Selling Industries

Milk and Cream Processing in Australia
Chocolate and Confectionery Manufacturing in Australia
Soft Drink and Pre-Packaged Food Wholesaling in Australia




Products & Services

The Specialty Chocolate Stores industry sells a variety of products targeting a range of customers. Product innovation, particularly in the artisanal choc...
People aged 55 and over
People aged 15 to 34




Demand Determinants

Demand for the industry's products is influenced by a range of factors, including price, discretionary income trends, seasonality, consumer trends and the...
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Major Markets

People aged 55 and over
People aged 15 to 34





 Chart: Major Market Segmentation for the Specialty Chocolate Stores in Australia - Market Research Report Industry

International Trade

Business Locations

Chart: Business Locations by State Chart: Business Locations by State

Market Share Concentration

The Speciality Chocolate Stores industry exhibits a moderate level of market share concentration, with the top four operators expected to account for appr...
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Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Specialty Chocolate Stores in Australia - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Specialty Chocolate Stores in Australia - Market Research Report Industry

Industry Globalization

Venga Pty Limited is the parent company of Chocolateria San Churro. The brand was established in 2006 when the company opened its first store in Fitzroy, ...
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Chocolateria San Churro

 Table: Chocolateria San Churro - financial performance

Haigh's Chocolate

 Table: Haigh's Chocolate - financial performance

Lindt

 Table: Lindt - financial performance

Koko Black

 Table: Koko Black - financial performance

Max Brenner

 Table: Max Brenner - financial performance

Capital Intensity

The Specialty Chocolate Stores industry exhibits low capital intensity. For every dollar spent on capital investment in 2019-20, industry operators will s...
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 Chart: Level of Capital Intensity for the Specialty Chocolate Stores in Australia - Market Research Report Industry
 Chart: Tools of the Trade: Growth Strategies for Success

Technology & Systems

Revenue Volatility

Chart: Volatility vs Industry Growth Chart: Volatility vs Industry Growth

Regulation & Policy

Industry Assistance

Table: Industry data Table: Industry Data for the Specialty Chocolate Stores in Australia Industry

Industry Revenue (2007-2026)
Industry Gross Product (2007-2026)
Establishments (2007-2026)
Businesses (2007-2026)
Employment (2007-2026)
Exports (2007-2026)
Imports (2007-2026)
Wages (2007-2026)
Domestic Demand (2007-2026)

Table: Annual Percentage Change for Key Industry Data Table: Annual Percentage Change for Key Industry Data

Table: Key Ratios for Industry Key Dat Table: Key Ratios for Industry Key Data

Table: Industry Financial Ratios Table: Industry Financial Ratios

Liquidity Ratios
Coverage Ratios
Leverage Ratios
Operating Ratios
Cash Flow & Debt Service Ratios (% of Sales)
Assets, %
Liabilities, %

ARTISAN CHOCOLATES

CHOCOLATIER

CONCHING

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Included in Report

  • Industry Financial Ratios
    Industry Financial Ratios
  • Revenue Forecasts
    Revenue Forecasts
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions
  • Porter's 5 Forces Analysis
    Porter's 5 Forces Analysis

Why buy this report on the Specialty Chocolate Stores industry?

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This report on Specialty Chocolate Stores in Australia:

  • Provides Market Size information to assist with planning and strategic decisions.
  • Includes the necessary information to perform SWOT, PEST and STEER analysis.
  • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
  • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.

The Specialty Chocolate Stores in Australia market research report includes:

  • Historical data and analysis for the key drivers of this industry
  • A five-year forecast of the market and noted trends
  • Detailed research and segmentation for the main products and markets
  • An assessment of the competitive landscape and market shares for major companies
  • And of course, much more

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