5th Floor, Brigade Towers,
Financial District, Gachibowli,
Hyderabad - 500032,
The Asia-Pacific Chocolate Market is segmented by Product Type (Alfajores, Softlines/Selflines, Boxed Assortments, Chocolate With Toys, Countlines, Seasonal Chocolate, Molded Chocolate, and Other Chocolate Confectionery), By Distribution Channel (Supermarkets/ Hypermarkets, Convenience Stores, Specialist Retailers, Online Retail Channels, and Other Distribution Channels), and By Geography.
Fastest Growing Market:
The Asia-Pacific chocolate Market is projected to grow at a CAGR of 6.3%, during the forecast period (2020 - 2025).
The Asia-Pacific chocolate market is segemented by product type including alfajores, softlines/selflines, boxed assortments, chocolate with toys, countlines, seasonal chocolate, molded chocolate, and other chocolate confectionaries. By distribution channel, the market is segmented as supermarkets/ hypermarkets, convenience stores, specialist retailers, online retail channels, and other distribution channels.The study also involves the analysis of regions such as China, Japan, India, Australia and rest of Asia-Pacific.
|Chocolate With Toys|
|Other Chocolate Confectionery|
|Online Retail Stores|
|Other Distribution Channels|
Report scope can be customized per your requirements. Click here.
Consumers across China consider chocolate as an exotic delicacy, which is also brought as a luxury gift or an extravagant treat. As cited by South China Morning Post, as of 2015, the country accounted for a sales value of chocolate at about CNY 20 billion. This increased sales of regular chocolate are expected to fuel the premium chocolate market. The demand is expected to be driven by the concept of bean-to-bar, where consumers are expected to consider premium chocolate as a luxury, rather than a generic food item. The market for premium chocolates in India is highly competitive with international brands, thus, the international brands are engaging themselves in rolling out newer products, frequently. Post Hershey’s launch of its premium brand Brookside, Mondelez introduced a new variant under Cadbury Dairy Milk Silk Oreo.
To understand key trends, Download Sample Report
The chocolate confectionery in India has a major share of the total confectionary market. The overall growth in the chocolate industry declined in 2015, due to the hike in prices and also the restrictions imposed by the Food Safety and Standards Authority (FSSAI) on the sale of chocolates containing vegetable oil and fats. The growth of the chocolate industry increased in 2016, due to the allowance of vegetable oils in the chocolates up to 5% as confirmed by the FSSAI. In India, the demand for dark and sugar-free chocolates is increasing. Indian consumers are aware of the benefits of dark chocolates and, thus, have developed a taste for them. The chocolate manufacturers are now introducing organic ingredients in their products. The changing consumer preferences, lifestyles, eating habits, and exposure to international brands have led to higher sales for the Indian chocolate industry. International brands are now dominating the Indian chocolate industry.
To understand geography trends, Download Sample Report.
The Asia-Pacific chocolate market is highly competitive and the key players in the Asia-Pacific chocolate market adopt key strategies, such as product innovation, mergers and acquisitions, and partnerships. Nestle SA, Ferrero International SA, Hershey Company, and Mars Incorporated are the most active companies among the key players in the market.
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
3.1 Market Overview
4. MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 Product Type
5.1.3 Boxed Assortments
5.1.4 Chocolate With Toys
5.1.6 Seasonal Chocolate
5.1.7 Molded Chocolate
5.1.8 Other Chocolate Confectionery
5.2 Distribution Channel
5.2.2 Convenience Stores
5.2.3 Specialist Retailers
5.2.4 Online Retail Stores
5.2.5 Other Distribution Channels
220.127.116.11 Rest of Asia-Pacific
6. COMPETITIVE LANDSCAPE
6.1 Most Active Companies
6.2 Most Adopted Strategies
6.3 Market Share Analysis
6.4 Company Profiles
6.4.1 Ferrero Group
6.4.2 Nestle SA
6.4.3 The Hershey Company
6.4.4 Mars Incorporated
6.4.5 Lotte Confectionery Co. Ltd
6.4.6 Yildiz Holdings
6.4.7 Meiji Holdings Co.
6.4.8 Barry Callebaut
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject to Availability