CANADA GROWS DIVERSE ARTISANAL CHOCOLATE SECTOR TAPPING INCREASINGLY SOPHISTICATED AND GROWING MARKET
May 2nd, 2020
While the Canadian chocolate market is dominated by major manufacturers, such as Nestlé, Hershey, Mondelēz, Lindt, Mars and Ferrero – a diverse artisanal sector is growing towards commercial maturity, as consumers seek out premium products that are locally produced and often marketed to specific target customers.
According to research firm Statista, retail sales of chocolate in Canada amounted to around USD2.6 billion annually between 2016 and 2018, with the major firms accounting for more than 80% of national sales (see ...
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