Asia Pacific Chocolate(Milk, Dark, White) Market - Industry Trends, COVID-Impact, Share, & Forecast To 2026

Asia Pacific Chocolate(Milk, Dark, White) Market - Industry Trends, COVID-Impact, Share, & Forecast To 2026

Actual Market Research 30-11-2021 62 Pages Figures : 15 Tables : 23 Region : Asia-Pacific Category : Food & Beverages Food

1. Ezaki Glico Co., Limited

2. Lindt & Sprungli Group

3. Lotte Confectionery Co., Limited

4. Mars Incorporated

5. Meiji Holdings Co., Limited


The Asia-Pacific Chocolate Market is witnessing innovation as manufacturers are adding new ingredients into chocolate and introducing savoury over sweet flavours. Like salted caramel and sea salt. You can find the most different and unique combinations of flavours in chocolate like, chilly, turmeric, and ginger. It is been observed that chocolate sectors are working out as sugar substitutes for those who generally avoid eating sugar contain products. Organic ingredients are considered more natural and healthier, therefore with the indulgence with white chocolate, the demand for organic cocoa and chocolate ingredients are continuing their growth in the market. Manufacturers are trying to cut down the usage of chemicals in chocolates like, Cargill have gone a step forward and removed lecithin from its chocolates. With popularity of chocolate, another type of chocolate is the ruby chocolate which gaining much respect and love from consumers in the chocolate industry. Ruby chocolate is developed from the ruby cocoa beans and are creating new flavour experiences. The Ruby chocolate was launched in Asia Pacific by Nestle, with Japan and Korea as the major markets.

The Asia Pacific market for chocolates has profited because of new innovative ideas and flavours brought out by the venders of the chocolate industries. The white chocolate is created by crushing or blending cocoa spread with sugars and other dairy fixings. It is a mainstream assortment of chocolate and used over various plans other than that ordinary interest for the item in its essential or softly enhanced structure.

According to the report on "Asia Pacific Chocolate Market Outlook, 2026"" published by Actual Market Research, shows a detailed overview into the Chocolate industry in Asia Pacific. In these regions, China is at the top for highest revenue generator with highest market capture. Although chocolates are not considered as an essential product and hence its demand is less in Asia Pacific regions. India has been ranked as the fastest growing chocolate market in this region. Overall, Asia Pacific ranks at 3rd in the chocolate market at the global level.

The chocolate sector underwent a dramatic change with the outbreak of the COVID-19 pandemic in the Asia Pacific regions. Therefore, the pandemic is further expected to impact chocolate sales in Asia-Pacific countries due to the lockdown and other ongoing restrictions. Chocolates are not considered as essential products, and for the same reason the consumers demand are low for chocolates in these countries for past few months. Additionally, a short-term disruption in the chocolate supply chain is reducing and slump in sales are responsible for hampering the growth of the Asia-Pacific chocolate market during pandemic.

Major Companies present in the chocolate market are:
1. Ferrero SPA
2. Group Arcor
3. Theo Chocolate
4. Kellogg Company
5. Cacau show
6. La Maison du Chocolate
7. Ezaki Glico Co
8. Meiji Holdings Co. Ltd
9. Lindt and Sprüngli AG
10. Mars Incorporated
11. Mondelez International
12. Morinaga & Co. Ltd
13. Hershey Company
14. Nestle S.A
15. Thorntons
16. Patchi
17. August Storck KG
18. Barry Callebaut
19. Godiva choclatier
20. Stella Bernrain
21. Blommer Chocolates Company
22. Confiserie Leonidas
23. Mary’s Chocolate
24. Lotte Confectionery
25. United Confectionery manufacturers
26. Cemoi Group
27. France Neuhaus
28. Brookside Chocolates

Considered in this report
• Geography: Asia Pacific
• Base year: 2020
• Estimated year: 2021
• Forecast year: 2026

Aspects covered in this report
• Asia Pacific chocolate market with its value and forecast along with its segments
• Region-wise chocolate market analysis
• Various divers and challenges
• Ongoing trends and developments
• Five force models
• Top profiled companies
• Strategic recommendation

Regions covered in the report
• China
• Japan
• India
• Australia

Types of chocolates in the report
• Milk chocolate
• Dark chocolate
• White chocolate

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to chocolate industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

Keywords: Europe, North America, South, America, Europe, Middle East, Africa, Asia, Asia-Pacific, India, Japan, USA, Canada, Mexico, UK, Italy, France, Chocolate, Milk , Dark, White, Retailing, Organic, Natural, Everyday, Seasonal, Premium, Gourmet

This report would help you answer the following questions:
1. What is the market size and forecast of the Asia Pacific Chocolate Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the Asia Pacific Chocolate Market during the forecast period?
3. Which region outstands in the Asia Pacific Chocolate Market?
4. Which are the segments to invest in over the forecast period in the Asia Pacific Chocolate Market?
5. What is the competitive strategic window for opportunities in the Asia Pacific Chocolate Market?
6. What are the technology trends and regulatory frameworks in the Asia Pacific Chocolate Market?
7. What are the major companies in the Asia Pacific Chocolate Market?

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