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Chocolate Production in Newfoundland

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS NL31135CA

Chocolate Production in Newfoundland industry analysis

Revenue for the Chocolate Production industry in Newfoundland And Labrador is expected to decline an annualized -x.x% to $x.x million over the five years to 2025, while revenue for the national industry will likely grow at x.x% during the same period. The number of industry establishments has stagnated an annualized x% to x locations over the past five years. Industry employment has increased an annualized x.x% to xx workers during the period, while industry wages have increased an annualized x.x% to $x.x million.

Over the five years to 2030, provincial industry revenue is expected to decline an annualized -x.x% to $x.x million, while revenue for the national industry will likely grow x.x%. The number of industry establishments is forecast to decline -x.x% to x locations over the next five years. Industry employment is expected to decrease an annualized -x.x% to xx workers during the outlook period, while industry wages likely decrease -x% to $x.x million.

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About the Chocolate Production in Newfoundland Market Research Report

What’s Included in the Chocolate Production in Newfoundland Market Research Report

Definition of the Chocolate Production in Newfoundland?

This industry produces cocoa-based confectionery such as chocolate bars, boxed chocolates and filled and unfilled chocolate blocks. The production of chocolate-covered confectionery, such as chocolate-covered nuts, is also included within industry operations.

What’s included in the Chocolate Production in Newfoundland?

The Chocolate Production in Newfoundland includes producing chocolate bars, producing boxed chocolates, producing chocolate blocks and producing other cocoa-based confectionery. Related terms covered in the Chocolate Production in Newfoundland industry report includes a person or company that makes or sells chocolate, a powder made from cacao seeds used in chocolate, also known as “semisweet” or “bittersweet” chocolate. a form of chocolate produced by using mostly cocoa solids and very little added milk and sugar, or no milk and added sugar at all, chocolate that is not made by machines, but rather, involves a high degree of human labour and craftsmanship, when producers charge consumers a price for their product that is more than its nominal value, a family of confections, usually made from nuts, sugar and syrup that are often made from chocolate and the increase in efficiency of production as the number of goods being produced increases.

Industry Performance of the Chocolate Production industry in Newfoundland

Benchmark the Chocolate Production in Newfoundland industry performance with all NL Census Metropolitan Area and national performance.

Chocolate Production in Newfoundland

#8 in Highest Revenue 0.6% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Chocolate Production in Canada


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Chocolate Production industry in Newfoundland

See how key industry drivers, such as median houshold income, private investment in non-residential construction, gross domestic product, per capita disposable income, world price of cocoa and total health expenditure are impacting Chocolate Production in Newfoundland

Newfoundland Economic Indicators

Median Houshold Income
Private Investment in Non-Residential Construction
Gross Domestic Product

View more economic information in NL State Economic profile

Canada Key External Drivers

Per capita disposable income
World price of cocoa
Total health expenditure

For the full list of industry drivers, see report purchase options.

Census Metropolitan Area Data of the Chocolate Production industry in Newfoundland

Access proprietary data on Census Metropolitan Area in the Chocolate Production in Newfoundland, such as St. John's. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Chocolate Production industry in Newfoundland

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Chocolate Production industry in Newfoundland in 2025?

The market size of the Chocolate Production industry in Newfoundland is $20.0m in 2025.

How many businesses are there in the Chocolate Production industry in Newfoundland in 2025?

There are 4 businesses in the Chocolate Production industry in Newfoundland, which has been declining at an average annual rate of 0.0% from 2020 to 2025.

Has the Chocolate Production industry in Newfoundland grown or declined over the past 5 years?

The market size of the Chocolate Production industry in Newfoundland has been declining at an average annual rate of -2.4% from 2020 to 2025.

How many employees in the Chocolate Production industry in Newfoundland in 2025?

There are 66 employees in the Chocolate Production industry in Newfoundland, which has been growing at an average annual rate of 4.1% from 2020 to 2025.