Navigation Links
Specialty Chocolate Stores in Australia Industry Market Research Report Now Updated by IBISWorld
Date:9/23/2013

Melbourne, Australia (PRWEB) September 24, 2013

As the trend of premiumisation spreads, the Specialty Chocolate Stores industry in Australia has reaped the rewards. New players have entered the industry and existing enterprises have expanded or franchised, with the unfortunate exception of Darrell Lea Chocolates. With consumers devouring the industry's delicacies, revenue is forecast to grow at a compound annual rate of 4.7% over the five years through 2013-14. Consumers opt for premium chocolates as a little luxury in their day-to-day lives, and as a symbolic gift for special occasions. According to IBISWorld industry analyst Emily Witham, "industry revenue is expected to grow by 7.5% over 2013-14, bringing revenue to $279.6 million, with sales of artisan chocolate and seasonal or boxed chocolates driving revenue growth."

The general trend of health consciousness among consumers is growing, resulting in mixed outcomes for the Specialty Chocolate Stores industry. The widely accepted fact that consuming large amounts of chocolate is poor for heath has driven down overall chocolate consumption. On the other hand, it has also led many consumers to opt for lower volumes of chocolate, with a focus instead on value and quality. "Furthermore, at times when discretionary incomes decline, consumers often look to premium chocolates as an affordable luxury," says Witham. The viability of the industry, particularly with regard to handcrafted chocolates, depends on the availability and price of key quality inputs. The origin and quality of cocoa beans or powder is increasingly becoming a point of differentiation for various varieties of premium chocolates. Similarly, fluctuations in the price of dairy products and sugar affect industry profit margins. The Specialty Chocolate Stores industry is characterised by a low level of market share concentration, with major players including MB Australia 2000 Pty Ltd, Chocolateria San Churro Limited and A.E. Haigh Proprietary Limited.

The trend of premiumisation is expected to be a key driver for the Specialty Chocolate Stores industry over the next five years. As supermarkets and department stores expand their ranges and selection of quality chocolates at affordable prices, competition for specialty chocolate stores will grow. Differentiation of products is likely to be one of the most important drivers for the industry, as quality and service set apart the luxury experience provided by specialty chocolate stores.

For more information, visit IBISWorld’s Specialty Chocolate Stores in Australia industry report page.

Follow IBISWorld on Twitter: http://twitter.com/#!/ibisworldau.

IBISWorld industry Report Key Topics

Operators in the industry are primarily engaged in the retail of chocolate and chocolate products. This includes specialty and boutique chocolate stores that may also retail products such as hot chocolates, cakes and pastries. Supermarkets and department stores are excluded from the industry.

Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
International Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalisation
Major Companies
Operating Conditions
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
Key Statistics
Industry Data
Annual Change
Key Ratios

About IBISWorld Inc.

Recognised as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every Australian industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Melbourne, IBISWorld serves a range of business, professional service and government organisations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com.au or call (03) 9655 3886.

Read the full story at http://www.prweb.com/releases/2013/9/prweb11149798.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. Global Specialty Chemicals Market (Product Type, Functional Type, Key Applications, Raw Materials) Worth $ 610.14 Billion by 2016 - New Report by MarketsandMarkets
2. LDM and gMed Partner to Bring Clinically Relevant Healthcare Messages to Patients and Specialty Specific EHR Providers
3. BioPlus Specialty Pharmacy Now a Participating Provider for the BlueCross BlueShield of Tennessee’s Specialty Pharmacy Network
4. Dr. Grady Core Speaks at The Multi-Specialty Symposium in Las Vegas
5. TheHardwareCity.com Offers A Specialty Aquarium Toilet Seat Manufactured by Jones Stephens
6. Non-surgical Facelift, Specialty of Masha Banar PA-C of Visage Sculpture, Got a "Lift": Retrospective Comparison of Radiesse, Sculptra, and Perlane
7. Ear, nose, throat, and head and neck physicians to offer newest specialty research
8. Specialty Drug Delivery Firm Integral BioSystems LLC to Participate in Contract Pharma Magazine’s 12th Annual Contracting & Outsourcing Conference & Tabletop Exhibition
9. New Book Presents Strategies to Improve Patient Outcomes and Control Soaring Specialty Rx Costs
10. SafeToSleep and Brixy Announce Exclusive Program for Brixy Specialty Retailers
11. AJ Palutis and Fred Hait Receive Workers' Compensation Law Specialty Certification
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/25/2016)... ... , ... On Friday, June 10, Van Mitchell, Secretary of the Maryland Department ... in recognition of their exemplary accomplishments in worksite health promotion. , The Wellness at ... Wellness Symposium at the BWI Marriott in Linthicum Heights. iHire was one of 42 ...
(Date:6/24/2016)... ... ... June 19, 2016 is World Sickle Cell Observance Day. In an effort ... holistic treatments, Serenity Recovery Center of Marne, Michigan, has issued a pain ... Disease (SCD) is a disorder of the red blood cells, which can cause episodes ...
(Date:6/24/2016)... ... June 24, 2016 , ... Dr. ... accelerated orthodontic treatment. Dr. Cheng has extensive experience with all areas of orthodontics, ... and accelerated osteogenic orthodontics. , Micro-osteoperforation is a revolutionary adjunct to orthodontic ...
(Date:6/24/2016)... ... June 24, 2016 , ... EB Medicine ... Making in Emergency Medicine conference in Ponte Vedra Beach, FL. The awards honor ... Emergency Medicine Practice and Pediatric Emergency Medicine Practice. , “With this ...
(Date:6/24/2016)... ... , ... National recruitment firm Slone Partners is pleased to announce ... experience, as Vice President of North American Capital Sales at HTG Molecular . ... sales team in the commercialization of the HTG EdgeSeq system and associated reagents in ...
Breaking Medicine News(10 mins):
(Date:6/23/2016)... and BOGOTA, Colombia , June 23, 2016  Astellas today announced the establishment of Astellas Farma ... as the company,s second affiliate in Latin America . ... ... Astellas Farma Colombia ... ...
(Date:6/23/2016)... June 23, 2016 The vast majority of ... dialysis facility.  Treatments are usually 3 times a week, ... visit, including travel time, equipment preparation and wait time. ... especially grueling for patients who are elderly and frail.  ... nursing and rehabilitation centers for some duration of time. ...
(Date:6/23/2016)... , June 23, 2016 The ... it continues to present great opportunities to investors. Stock-Callers.com ... today: Intrexon Corp. (NYSE: XON ), Vertex ... Inc. (NASDAQ: ARNA ), and Regeneron Pharmaceuticals ... these stocks and receive your complimentary trade alerts at: ...
Breaking Medicine Technology: